Boston Appraisal

NOVEMBER 6, 2020

Have you jumped on the refinance bandwagon? If you decide to take advantage of these all-time low rates, your lender will most likely order an appraisal. What happens if the new appraisal is less than original one? What happens if the new appraisal is less than original one? The appraiser looks like the bad guy.

Appraisal 78

Appraisal Market Value Sellers Real Estate 78

McKissock

AUGUST 27, 2021

We’ve all heard the old mantra that real estate is all about “location, location, location.” ” Let’s take a look at what location is, and how it fits into appraising. ” A perfect example of the importance of location in appraising can be found in The Villages in central Florida.

Appraisal 82

Appraisal Real Estate Contracts Buyers 82

McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? First and foremost, Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that we are to: “analyze all agreements of sale.” That’s the real reason why—because USPAP says so.

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Appraisal Today

FEBRUARY 10, 2023

Fastapp AMC Alleged Violations of AIR (Appraiser Independence Requirements) Excerpts: The following court documents in the case Naftali Horowitz v. it began to become apparent to Andrews that Horowitz was not complying with appraisal independence standards. . … Nicole Andrews, Fastapp AMC founder v. 1639e(b)(3). …

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Appraisal Contracts Architecture Mortgage 52

Appraisal Today

JULY 7, 2023

Appraiser Countersues Black Plaintiffs Who Alleged Discrimination by Isaac Peck, Publisher WorkingRE There are now a number of lawsuits facing appraisers where the primary allegation is racial discrimination. But since late 2021, a number of similar lawsuits have popped up—from North Carolina to Maryland. Tate-Austin v.

Appraisal 75

Appraisal Real Estate Contracts Mortgage 75

Appraisal Today

AUGUST 5, 2022

VA Approves Desktops and Exterior-Only Appraisals. The use of a Desktop Appraisal may allow an appraiser from outside the market area, but with appropriate credentials for the jurisdiction of the property, to complete the assignment when no local VA fee panel appraiser is available.”. “The Appraisal Assignment Waterfall.

Appraisal 59

Appraisal Valuation Contracts Modernization 59

Appraisal Today

APRIL 12, 2024

Desktop Appraisals: Who, When, and Why Excerpts: The ability to identify property characteristics without a personal inspection is not a new concept. Similarly, while not identical, appraisers generally use the cited sources above to identify the physical characteristics of comparable sales in their appraisals.

Appraisal 76

Appraisal Construction Contracts Architecture 76

Housing Wire

AUGUST 29, 2022

Nationwide Appraisal Network (NAN) was the top-ranking appraisal management company on the 2022 Inc 5000 list at No. We sat down with Steve Sussman, NAN’s chief business development officer, to find out how the company is growing so fast and what they see for the future. What do you attribute that growth to?

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Modernization Appraisal Valuation Technology 370

Appraisal Today

MAY 26, 2023

MPR Repairs: Guidance for FHA Appraisers By: McKissock Excerpts: If you are appraising a property that needs some cosmetic repairs but meets FHA minimum property requirements (MPR) in its current condition, you should make the appraisal “as-is.” Conservation easement appraisals are a definite risk for appraisers.

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Easement Contracts Appraisal Inspection 52

Clear Capital

SEPTEMBER 29, 2021

Then they dive into Freddie Mac’s long-anticipated research paper, “ Racial and Ethnic Valuation Gaps In Home Purchase Appraisals.” Hello and welcome back to ClearCast, the Real Estate FinTech Podcast. Yeah, we’ve got a very fun and exciting episode. Yeah, we’ve got a very fun and exciting episode.

Sellers 69

Sellers Agents Real Estate Buyers 69

Appraisal Today

DECEMBER 23, 2022

Excerpts: The property to be appraised is atypical. Some of the key physical features that can make an appraisal assignment complex include: The form of ownership is atypical. In this case, circumstances involving ownership are uncommon or make the appraisal more complex. Appraisal Business Tips . Humor for Appraisers.

Appraisal 52

Appraisal Contracts Mortgage Modernization 52

Appraisal Today

NOVEMBER 17, 2023

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference. Trainees can do them.

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Appraisal Modernization Training Business 69

Appraisal Today

MAY 5, 2023

Fannie’s New Appraisal Online Formats By Brent Owen Excerpts: To Be Or Not To Be (a form), That Is The Question The first thing to notice is that the ‘form’ isn’t really a form anymore. It’s not the length of the report which is of ultimate importance, it is the time necessary to develop the appraisal that is key.

Appraisal 52

Appraisal Contracts Architecture Law 52

Housing Wire

FEBRUARY 7, 2022

In recent months, HUD investigators have made redlining cases a departmental priority, according to interviews with attorneys who have reviewed the complaints, and lenders who declined to comment on the practices for fear of being associated with redlining. FHA has had gaps in loss-mitigation oversight of servicers it approved.

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Insurance Modernization Lending Mortgage 334