Appraiserblogs

MARCH 27, 2023

Dear representative, waiving/eliminating property appraisal for lending purposes is wanton recklessness. Fannie Mae’s decision to waive/eliminate property appraisal for lending purposes is nothing more than wanton recklessness that could have serious repercussions in the future.

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Property Appraisal Appraisal Lending Mortgage 214

East Coast Appraisal

JULY 7, 2022

property appraisal is essential in the real estate industry. It aids in determining the property's market value, ensuring the buyer can acquire it at a fair price. This blog will discuss specific errors that may impact the valuation process and which should be avoided during property appraisal. .

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Property Appraisal Appraisal Appraisal Process Valuation 52

East Coast Appraisal

FEBRUARY 23, 2022

A commercial property appraisal has numerous benefits to all players in the real estate industry. Property owners, sellers, renters, buyers, and even mortgage companies can all benefit from commercial property appraisals. Below are some reasons to commission commercial property appraisals. Contact us.

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Property Appraisal Appraisal Real Estate Mortgage 52

McKissock

DECEMBER 7, 2021

Whether you’re a new appraiser or a seasoned appraiser looking to grow your income, you probably want to know, “What appraisal competencies do I need to master in order to maximize my success?” Key appraisal competencies. Manage business expenses. ” Keep up-to-date on industry trends.

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Property Appraisal Appraisal Real Estate Appraisal Process 64

East Coast Appraisal

OCTOBER 18, 2021

Appraisals help buyers to get mortgage approval and avoid overpaying for their houses. Below are two common approaches to property appraisals. Note that depreciation, being a negative factor, decreases the property's construction cost. quote on property appraisals. The Sales Comparison Approach. Contact us.

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Property Appraisal Appraisal Construction Appraisal Process 52

McKissock

AUGUST 18, 2020

In my previous blog post , I observed that specializing in complex property appraisal can be very profitable for the residential appraiser—in Florida and all across the U.S. Interested in complex property appraisal? More examples of complex property appraisal assignments. Market to non-lender clients.

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Appraiserblogs

MAY 15, 2023

The end result of which includes OUTRIGHT FRAUD being perpetrated against banks via the repurchase letters Fannie Mae now issues on a quota based system rather than because of legitimate appraisal defects. Dear representative, waiving/eliminating property appraisal for lending purposes is wanton recklessness.

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Property Appraisal Appraisal Valuation Lending 126

Housing Wire

MARCH 22, 2023

HUD noted that the funding precedes the one-year anniversary of the Biden administration’s Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) Action Plan, spearheaded by Secretary Fudge and White House Domestic Policy Advisor Ambassador Susan Rice.

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Property Appraisal Appraisal Valuation Development 353

Appraisal Buzz

MARCH 24, 2022

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” The 58-page report is available here , while an Executive Summary of the report is also available.

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Appraisal Buzz

SEPTEMBER 28, 2021

Time management challenges are a big issue for many property appraisers. Your income depends on how many appraisal assignments you can complete each month and each year—and you need time to produce each report. Last month we asked appraisers, “What’s one thing you wish you could STOP doing to save time in your workday?”

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Cleveland Appraisal Blog

MAY 26, 2023

The opposing side in one of the cases required that a new valuation be completed by a state-certified appraiser. In the other case, my client’s attorney recommended having their marital property appraised. But the owner felt that a real estate agent could do the same type of valuation as an appraiser.

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Appraisal Real Estate Agent Real Estate Property Appraisal 273

Valcre

OCTOBER 26, 2022

Appraisals are a necessary part of anyone looking to buy or sell a property, and commercial real estate appraisals differ vastly from residential appraisals.

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Appraisal Property Appraisal Real Estate 77

Housing Wire

APRIL 6, 2023

The White House recently marked the one-year anniversary since the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released its action plan to curb instances of bias in the housing appraisal process. housing market in the future.

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Appraisal Property Appraisal Valuation Appraisal Process 357

AmeriMac

JULY 1, 2021

A property appraisal is a process of estimating the value of real estate. Appraisals are almost always used in purchase and sale transactions, where they are used to determine if a home’s price is appropriate for its location, condition and features. It is important to note that an appraisal is not a commodity in itself.

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Property Appraisal Appraisal Appraisal Process Sellers 36

AmeriMac

MAY 15, 2021

With so much on the line, choosing an experienced appraisal service that can determine an accurate value is a must. Of course, this begs the question: is property appraisal an art or a science? Property appraisal should involve a little bit of both. The Science of Property Appraisals. The answer?

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Property Appraisal Appraisal Real Estate Property Taxes 36

AmeriMac

MAY 15, 2021

With so much on the line, choosing an experienced appraisal service that can determine an accurate value is a must. Of course, this begs the question: is property appraisal an art or a science? Property appraisal should involve a little bit of both. The Science of Property Appraisals. The answer?

Property Appraisal 36

Property Appraisal Appraisal Real Estate Property Taxes 36

AmeriMac

MAY 15, 2021

With so much on the line, choosing an experienced appraisal service that can determine an accurate value is a must. Of course, this begs the question: is property appraisal an art or a science? Property appraisal should involve a little bit of both. The Science of Property Appraisals. The answer?

Property Appraisal 36

Property Appraisal Appraisal Real Estate Property Taxes 36

Appraisal Buzz

AUGUST 19, 2022

What are the essential tools and equipment to bring along when completing an on-site appraisal inspection ? Recently we asked our social media communities on Facebook and Twitter , “What’s ONE thing every property appraiser should always keep in their car?”

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Appraisal Property Appraisal Inspection Tools 195

Appraiserblogs

APRIL 9, 2023

Dear representative, waiving/eliminating property appraisal for lending purposes is wanton recklessness. Fannie Mae’s decision to waive/eliminate property appraisal for lending… No Appraisals Required. The End of Appraisers? No appraisal may be required in the future!

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Property Appraisal Appraisal Lending Mortgage 119

Appraisal Buzz

AUGUST 4, 2022

Disciplinary complaints are a hot topic these days with appraisers. From accusations of bias or discrimination to failure to disclose significant real property appraisal assistance, complaints against appraisers are becoming more and more common.

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Appraisal Property Appraisal Real Property 195

The Robert Weiler Company

APRIL 12, 2023

It is recommended that a property appraisal is performed and submitted with the complaint; however, it is not required for the hearing before the BOR. Armed with a professional, private review of your commercial property’s worth will help ensure the most accurate valuation and subsequent tax rate.

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Property Appraisal Appraisal Real Estate Property Taxes 148

Appraiserblogs

MARCH 29, 2023

Dear representative, waiving/eliminating property appraisal for lending purposes is wanton recklessness. With falling values across many markets combined with rising mortgage rates putting even more pressure on borrowers’ wallets, this decision could potentially put. Related Posts: Dear Representative, FNMA Has Gone Rogue!

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Property Appraisal Appraisal Lending Mortgage 122

Appraiserblogs

APRIL 6, 2023

Dear representative, waiving/eliminating property appraisal for lending purposes is wanton recklessness. Fannie Mae’s decision to waive/eliminate property appraisal for lending… No Appraisals Required. The End of Appraisers? No appraisal may be required in the future!

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Appraisal Property Appraisal Lending Mortgage 113

Housing Wire

SEPTEMBER 17, 2022

It would also permit lenders to electronically submit, track and manage single-family property appraisals. The FHA at the time said the module would allow the agency to expand its data collection and analysis capabilities. But in February, the agency pushed back the mandatory date to March 14, 2023. No new date has been announced.

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Appraisal Property Appraisal Insurance Development 373

Housing Wire

AUGUST 25, 2022

Instant Home Equity, an automated end-to-end digital home equity product for lenders, integrates income, identity verification, title, decision and property appraisal to save time and costs, Blend said in a release this week.

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Property Appraisal Mortgage Appraisal Lending 390

Appraisal Buzz

SEPTEMBER 20, 2021

As a southern California property appraiser, each year I attend Valuation Expo , the country’s largest trade show for real estate appraisers. Realtors and Property Appraisers? This was originally published on hoskingappraisalgroup.com here. And what does this mean for the economy? Buyers and sellers?

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Valuation Property Appraisal Appraisal Real Estate 195

Appraisal Buzz

DECEMBER 31, 2021

Appraisal industry insiders tend to agree that 2022 will generally be a good year for appraisers. As real property appraisers look ahead to the new year, we wanted to know where they plan to focus their efforts and what they will strive to achieve. ” Here’s what they said.

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Appraisal Property Appraisal Real Property 195

Appraisal Buzz

DECEMBER 14, 2021

Property appraisers don’t dictate what the value is. Many years ago, an appraiser friend (Ben was his name) asked me to go along on a challenging appraisal assignment to aid in data collection. On the way he needed to drop off an appraisal report to a lender client.

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Market Value Property Appraisal Appraisal Marketing 195

Appraisal Buzz

DECEMBER 3, 2021

The Interagency Task Force on Property Appraisal and Valuation Equity (commonly known by the acronym PAVE) was created in June 2021 by President Biden, and consists of representatives of numerous federal government agencies, including the Department of Housing and Urban Development (HUD), Department of Veterans Affairs (VA), Federal Deposit Insurance (..)

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Property Appraisal Appraisal Valuation Insurance 195

Housing Wire

AUGUST 18, 2020

The Federal Housing Administration has announced an upcoming release of its FHA Catalyst: Electronic Appraisal Delivery module on the FHA Catalyst platform. This solution will allow lenders to electronically submit, track, and manage single-family property appraisals and will become available to FHA-approved lenders on Sept.

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Appraisal Property Appraisal Technology Mortgage 425

Appraisal Buzz

NOVEMBER 30, 2021

As a property appraiser, an important part of your job is keeping up with the latest industry updates and the state of the real estate market. What are some good go-to news sources for appraisers? But where do you turn for this information?

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Appraisal Buzz

OCTOBER 8, 2021

The Bureau of Labor Statistics projects that job growth for appraisers between 2019–2029 will be 3%, which is on pace for all occupations. Since the real estate market impacts the work of real property appraisers, demand for appraisers can fluctuate from year to year.

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Appraisal Property Appraisal Real Estate Real Property 195

Housing Wire

DECEMBER 11, 2020

Earlier this year, citing the extraordinary circumstances that the country is facing with the ongoing spread of the coronavirus, the Federal Housing Finance Agency directed the government-sponsored enterprises to ease their standards for both property appraisals and verification of employment.

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Appraisal Lending Property Appraisal Mortgage 539

Valuation Review

MARCH 20, 2023

Ohio man files suit for racial discrimination regarding low appraisal. Section8vouchers #affordable housing #cincinnati

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Appraisal Property Appraisal 78

Housing Wire

JULY 5, 2022

Last month, the Federal Housing Finance Agency released plans, developed by Fannie Mae and Freddie Mac , to make the housing market more equitable, in part through changes to the appraisal process. Using automated valuation models “leads to relatively lower racial gaps,” according to Freddie Mac. .

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Cleveland Appraisal Blog

APRIL 11, 2023

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Isn’t that all that appraisers do? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value?

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Appraisal Property Appraisal Mortgage Real Estate 350

Appraisal Buzz

JUNE 20, 2022

Real property appraisers have had quite a bit dumped on them in the past couple of years. The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern.

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