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FNMA Ensnares Appraisers in Farcical Probes

Appraiserblogs

Related Posts: Changes from Fannie Mae Fannie Mae has decided to make at least 2 significant changes. No to Desktops with Third Party Inspectors Hybrid Appraisals were tested and failed. Let’s call them Desktops with third party inspectors.…. The New Year is here and along with that….

Appraisal 132
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The Differences Between an Appraisal and a Home Inspection

Hank Miller Team

Appraisers and home inspectors are important parts of a real estate transaction, but they serve completely different purposes. If a buyer with a credit score of 750 is buying a 300K home and putting down 200K, the lender may waive the appraisal or complete a simpler version like a desktop, hybrid, or drive by.

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Do you know what you are getting into?

The People's Appraisal Blog

Elements of a Hybrid Appraisal: 1) An inspector to gather data, take pictures and measure a home. 2) A licensed or certified appraiser to complete the valuation. The non-appraiser inspector?…a 2) Appraisers are in place to ENSURE THE PUBLIC TRUST!!!! First thing, we all know that there is no shortage.

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Fannie Mae: No Appraisals Required? 3-10-23

Appraisal Today

First, “third party” inspections. First, “third party” inspections. Appraisal trainees aren’t good enough, so now we will have unlicensed inspectors going through the homes of unsuspecting homeowners. Secondly, the 3rd party inspection is sent to a licensed appraiser.

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Fraud Facilitating Misleading GSE Products

Appraiserblogs

I can and will decline to do any of these Catch-22 Fraud facilitating misleading products promoted by a GSE… There are many legitimate times and reasons a desktop appraisal may be performed. Related Posts: No to Desktops with Third Party Inspectors Hybrid Appraisals were tested and failed. Appraisers will be….

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Appraising Fixer Uppers

Appraisal Today

Appraising Fixer Uppers Excerpts: We’re all familiar with the term “fixer-upper.” For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. In my MLS “contractor special” is often used.