Appraiserblogs

JUNE 22, 2021

These academics do not fully understand various types of valuation specialties, the appraisers who practice in these specialties, and the myriad of laws that must be followed. Help is needed to explain the appraisal industry, including the specialties and the types of reports.

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Real Estate Appraisal Valuation Training 178

Appraiserblogs

SEPTEMBER 13, 2021

and Bias Training.other states will also modify their appraisal license renewal CE class requirements to include some form of anti-bias training. and Bias Training.other states will also modify their appraisal license renewal CE class requirements to include some form of anti-bias training. I’ve had enough.

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Law Training Appraisal Valuation 104

Cleveland Appraisal Blog

JUNE 18, 2022

comparable sales, income, and cost), there are many other elements that may apply based on the statutes, case law, and procedural rules in a given state. As a result, appraisers who have this kind of specialized training can often command hourly rates significantly above those who do not. About the Author.

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Appraisal Law Development Valuation 309

Housing Wire

NOVEMBER 13, 2023

Key takeaways AceableAgent offers courses for every stage or your real estate journey, from prelicensing to post-licencing and training to hone your professional skills. 2 End of Course Exam Attempts Online Course With 3 Hours Each of Core Law & Ethics, 8 Hours of Specialty. Includes specialty, core Law & Ethics CE training.

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Real Estate Real Estate Agent Agents Law 386

Housing Wire

NOVEMBER 30, 2023

Covers license law, real property, agency, state & federal laws, advertising, valuation, finance, real estate calculations, contracts & more + 15-hr Applied Real Estate Principles, an interactive course Leap Learning 60-hr Online Topics Package $419 60 of required 75 hrs. Self-paced. out of 5 stars Rating: 4.5

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Real Estate Realtors Real Estate Agent Law 387

Appraisal Hub

JULY 22, 2020

Some of the best ones are regularly hired by regional companies, financial firms, lenders, and law firms to provide appraisals for their clients, to facilitate legal actions, real estate transactions, and more. Certified appraisers are trained to provide appraisal services for all property types and values. Are you certified?

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Appraisal Clients Real Estate Legal 78

McKissock

JANUARY 18, 2022

Here’s a list of what you can appraise at each level: Licensed residential appraiser: Non-complex 1-4 residential units with a transaction value of less than $1 million (subject to individual state laws). Complex 1-4 residential units with a transaction value less than $250,000 (subject to individual state laws).

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Appraisal Law Valuation Review Real Estate 82

The Robert Weiler Company

SEPTEMBER 30, 2020

A real estate appraisal review is an excellent tool for a recently conducted commercial appraisal, to check if market comps and other property valuations remain the same. Commercial real estate appraisal is a profession with specific training, regulations, and professional designations.

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Real Estate Appraisal Property Appraisal Valuation 137

AmeriMac

MARCH 15, 2024

One of the key regulatory changes was the implementation of the Home Valuation Code of Conduct (HVCC) in 2009. These guidelines aimed to address concerns about inflated property valuations and the influence of lenders on appraisers. This, in turn, helps protect both lenders and borrowers in the mortgage process.

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Appraisal Appraisal Process Valuation Real Estate 36

Boston Appraisal

OCTOBER 27, 2023

Advantages of Using Appraisals over Other Methods in Divorce Cases While some might consider online estimates, tax assessments, or personal opinions for their property valuation, these sources can often be unreliable, and they can lead to disputes and litigation.

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Appraisal Property Appraisal Legal Inspection 78

The Robert Weiler Company

APRIL 27, 2021

Government Issued Real Estate License & REALTOR® License : Many states, including Ohio, require that a property manager have a real estate broker’s license, as well; the only exception to this law is a property owner. Performance and valuation of investment real estate. Leading a property management team.

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Property Management Real Estate Design Investing 109

DataMaster

FEBRUARY 3, 2021

The RFI contains 4 components: The Uniform Appraisal Dataset (UAD) and the design of appraisal forms Automated Valuation Models (AVMs) and appraisal waivers Valuation differences by borrower and neighborhood ethnic makeup Appraisal modernization. Change is the law of life. Four Components of the RFI. Shared Concerns.

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Appraisal Process Appraisal Modernization Training 78

Appraisal Today

JUNE 23, 2023

Attorney Peter Christensen, general counsel at the Christensen Law Firm in Bozeman, Montana, notes that lawsuits against individual residential appraisers, or small residential AMCs, are fairly rare, and successful suits rarer still. When it comes to buying or selling a home, we all need and deserve fair and nondiscriminatory home valuations.

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Appraisal Real Estate Valuation Contracts 85

The People's Appraisal Blog

JUNE 15, 2019

I have written many blog posts here, mainly for the consumer to read and understand what is actually happening in the world of Real Estate Valuations. 2) A licensed or certified appraiser to complete the valuation. …a couple hours of training, if that! So what’s the problem here, you might ask? The non-appraiser inspector?…a

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Training Appraisal Valuation Inspection 36

Appraisal Today

APRIL 5, 2024

Lanham, 20/20 Valuations, and loanDepot.com, U.S. They alleged that the appraiser had taken into account their race in his valuation of their home in violation of the federal Fair Housing Act and other laws prohibiting discrimination. District Court, Maryland. The settlement does not include the defendant appraiser.

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Appraisal Contracts Business Construction 76

Dart Appraisal

APRIL 30, 2021

Engagement letters are traditionally used by certain professional service firms, particularly in finance, accounting, law, real estate appraisal, and consulting, to define the specifics of the business relationship, or in the case of an appraisal – the assignment expectations.

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Contracts Appraisal Tips Appraisal Clients 69

The People's Appraisal Blog

MAY 14, 2019

Well get ready Consumers because the person that is about to visit your home IS NOT an appraiser or just pretends to play one without the proper training. These same AMCs were created to manage appraisal processes for lenders, but without laws, standards or accountability, their self-defined charters have morphed into other functions.

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Appraisal Valuation Training Inspection 36

The Robert Weiler Company

SEPTEMBER 19, 2022

Something to consider: Make sure the retained tax attorney or accountant has a comprehensive understanding of tax laws and deductions regarding conservation easement. A conservation easement that qualifies for a tax deduction is categorized as a charitable contribution. All failed attempts to sell the property in the past.

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Easement Legal Government Contracts 148

CA Realty Training

APRIL 12, 2021

Laws of Agency and Fiduciary Duties (17% of Exam). Property Valuation and Financial Analysis (14% of Exam). If you’re a CA Realty Training student or if you’re looking for a quick and effective way to prep for the state exam, then check out our State Exam Prep. appeared first on CA Realty Training.

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Real Estate Training Realty Real Estate Agent 68

Housing Wire

JUNE 15, 2021

The Uniform Standards of Professional Appraisal Practice (USPAP) and numerous laws protect the public trust by mandating the opinions of value provided by appraisers be “impartial, and unbiased professional analyses” and have “no bias with respect to the property that is the subject of this report or to the parties involved with this assignment.”.

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Appraisal Valuation Law Lending 395

Housing Wire

MARCH 9, 2021

The Department of Housing and Urban Development (HUD) has announced that JPMorgan Chase has come to an agreement with a Black homeowner who claimed the bank’s mortgage division – relying on a valuation done by an appraiser – valued her home at an amount lower than its actual worth because of her race.

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Reconsideration of Value Appraisal Valuation Appraisal Process 454

Appraisal Today

DECEMBER 2, 2022

Compliance with Fair Housing laws, rules, and regulations. which can relate to valuation. I don’t know if Realtors can be re-trained to see value rather than price. I know some successful agents who were trained as appraisers and appraised for awhile. He remembered me from Valuation 2000. They provide CMAs, etc.,

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Appraisal Agents Real Estate Real Estate Agent 80

Housing Wire

MARCH 15, 2024

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? Title firms collecting and making use of advanced analytics and proprietary technologies can provide invaluable insights into housing market trends, property valuations, and risk assessment.

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Brokerage Real Estate Development Investors 366

Housing Wire

MARCH 12, 2024

million to fund a training grant that would, in part, “enable specialized training that will prepare counselors to support expanded HECM counseling and to better understand property valuation bias so that they can effectively counsel clients on this topic,” according to congressional justifications for the budget.

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Mortgage Insurance Training Government 330

Housing Wire

NOVEMBER 16, 2023

As the Sitzer/Burnett case may well show, most listing agents are trained to steer their clients to offers that support this dynamic. This “straitjacket” approach obviates the need for the Realtor to maintain a license to practice law or for the client to engage an outside attorney to advise on certain terms.

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Realtors Contracts Real Estate Agents 388

Raleigh Realty

MARCH 23, 2021

Although there are real estate valuation sites available that can help provide an estimate on what your home may be worth, the only way to get an accurate list price is to spend extensive time doing a comparative analysis of other homes that have sold in your area. Do different states have different laws when selling by owner?

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Real Estate Agent Real Estate Realtors Contracts 133

Housing Wire

DECEMBER 26, 2023

Visit NCI Associates Overview Since 1979, NCI Associates has prided itself on only focusing on Michigan real estate law and practice. Exam Prep: Exam prep is available as a live webinar via Zoom and includes instructor-led review of key topics from the Michigan Real Estate Law & Practice–Test Prep Outline & Glossary.

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Real Estate Real Estate Agent Design Legal 371

The Robert Weiler Company

NOVEMBER 10, 2021

Planes, Trains, Automobiles, and More: Transportation links are essential for any industrial space or commercial properties for lease. Ideally, you want your property to be at or very near an intermodal transit point where planes, trains, trucks, and seagoing vessels easily interchange. Ready to Buy Commercial Real Estate?

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Real Estate Retail Investing Tenants 78

Housing Wire

JULY 29, 2021

The Property Appraisal and Valuation Equity task force will deliver a report to Biden within six months to describe the “extent, causes, and consequences of undervaluing of properties,” a HUD official told HousingWire. Many appraisers say disparities in valuation are caused by factors outside their control.

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Appraisal Valuation Training Law 545

Appraisal Today

OCTOBER 13, 2023

Depending on how you were trained, at the beginner level you typically view appraisals as forms — forms with checkboxes to be checked or left blank. To read more, click here My comments : Location within a school district can be an important valuation factor. Level 1 – Beginner This is where we all start.

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Appraisal Law Contracts Business 79

McKissock

AUGUST 31, 2021

.” “In order to do your job effectively and efficiently, you must always be up to date on new changes and laws.” “Over the course of your career, it is inevitable that you will specialize in one or more aspects of valuation. “I made real money when I started training people. ” Did you know?

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Appraisal Technology Valuation Business 72

Will Springer Realtor

AUGUST 11, 2023

Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”). Using home valuations and area median household income data, the report notes the average time required across the U.S. Lusio Lights is free at Mary Olson Farm (28728 Green River Rd.).

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Buyers Development Construction New Listings 36

Appraisal Today

FEBRUARY 9, 2024

An Inside Look at E&O By Peter Christensen Excerpts: There is no law requiring that real estate appraisers must have professional liability insurance – or E&O insurance as it is often called – except in one state. His law practice is dedicated to valuation issues. I gave up visiting him in the winter. Lee Miller.

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Appraisal Contracts Insurance Construction 79

Appraisal Today

FEBRUARY 2, 2024

The overall timeline has not changed; however, we wanted to provide the industry with more milestone details to help in development, testing and training to prepare for the new UAD and Uniform Residential Appraisal Report (URAR). To see the timeline (from 2018 to 2026) PDF, Click Here Too large to include in this newsletter.

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Appraisal Contracts Training Real Estate 66

Appraiserblogs

SEPTEMBER 20, 2022

Especially with so many of them “trained” under PAVE or PAREA programs. Related Posts: Biden Calls Out Racial Bias Among Appraisers To counteract low appraisals in minority neighborhoods, Biden says he’ll push for training to address racial bias among appraisers.

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Training Appraisal Business Law 128

Appraisal Today

APRIL 2, 2023

As we get closer to the implementation date, we’ll provide links to training opportunities, so check back often to make sure you’re on track. for example, the certification adds more language certifying that the appraisal does not discriminate and is completed consistent with fair housing laws. Available from the Appraisal Institute.

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Contracts Appraisal HOA Architecture 52

Appraisal Today

DECEMBER 15, 2023

fair lending laws has been on regulators’ radar in recent years. I trained one of them. In terms of the total valuations (including waivers) the GSEs have processed in the last 12 months, PDCs have made up between 0.17 Lenders and fee appraisers have done this for decades. Often required 5 years of certified experience.

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Appraisal Contracts Business Mortgage 76