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Tidewater Initiative: What VA Appraisers Need to Know

McKissock

It initially began as a test program in the early 2000s and was expanded to all areas of the country in 2003, as a result of VA Circular 26-03-11. Mr. Kifer indicated that the Tidewater requirements added approximately two days to the appraisal process in situations in which Tidewater was invoked. How Tidewater works.

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Tidewater Initiative: What VA Appraisers Need to Know

McKissock

It initially began as a test program in the early 2000s and was expanded to all areas of the country in 2003, as a result of VA Circular 26-03-11. Mr. Kifer indicated that the Tidewater requirements added approximately two days to the appraisal process in situations in which Tidewater was invoked. How Tidewater works.

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SFR or 2 units with an ADU?

Appraisal Today

The report cited from CSS, analyzed appraisal data across 10 states in the East Coast and Midwest, finding that only around 40% of home sales included an appraisal that was within $2,500 of the final sale price. The appraisal report is shared with the lender, who is the client in this scenario. A lot has changed!

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ChatGPT for Appraisers

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, liability, markets with few sales, Bias, unusual homes, mortgage origination A California Winery With a 91-Acre Vineyard for $12,995,000 Red Soles Winery, a 91-acre vineyard.