Appraisal Hub

FEBRUARY 15, 2024

These appraisals are more complex, considering factors such as revenue generation, operating costs, tenant contracts, and market position. Physical Inspection: A thorough inspection of the property to assess its condition, quality of construction, and any features that may affect its value. At Appraisal Hub Inc.,

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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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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?

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Property Appraisal Appraisal Real Estate Property Taxes 36

Boston Appraisal

JULY 6, 2023

Property disputes can come in many forms: from squabbles between neighbors about boundary lines to legal battles in a divorce proceeding over shared assets. In these situations, a property appraisal can be an indispensable tool in the lawyer’s arsenal.

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McKissock

JULY 20, 2021

The licensing laws and regulations for home inspectors do not permit them to develop opinions of property value like appraisers do. A home inspector might estimate the cost of certain repairs, but value opinions are left to the appraiser. Why are these roles often confused?

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McKissock

MAY 18, 2021

Failure to disclose significant real property appraisal assistance is a common violation. This is one of those violations that can be a violation of USPAP and a violation of state law or regulation. Per USPAP AO-31,”Significant Appraisal Assistance is related to the appraisal process and requires appraisal competency.

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Appraisal Today

AUGUST 2, 2024

————————————————————————————– When Is Single-Family a Multi-Family Appraisal? and passed laws that overlay additional uses and requirements on to existing zoning codes.

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Appraisal Valuation Law Contracts 82

The Robert Weiler Company

OCTOBER 21, 2022

The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. After all, it is a detailed activity that can look different depending on the scope and nature of your property. Question 1: What is a commercial real estate appraisal?

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Realvals

JUNE 18, 2023

Estate Taxes In some cases, local laws may require appraisals for estate tax purposes. Depending on the total value of the real estate and/or the location of the property, taxes may be owed for the real estate. It is important to work with a certified appraiser to comply with these regulations and avoid potential penalties. .”

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McCarthy Appraisal Blog

SEPTEMBER 4, 2018

An independent appraisal sets a benchmark value for your real estate. Ask an appraiser about their education and licensing. Federal law mandates state certification for most appraisers. The two basic licenses are Certified Residential Real Property Appraiser and Certified General Real Property Appraiser.

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PennyMac

SEPTEMBER 2, 2024

Loan Processors will assess your documentation and ensure that it complies with the banking industry’s rules and regulations as well as federal and state laws. Ordering Appraisals and Payoff Information Now that your lender has verified your financial situation, it’s time to pay close attention to the home you want to buy.

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AmeriMac

OCTOBER 15, 2024

Appraisal litigation deals with solving conflicts about the fair value of real estate property. A property appraiser’s office plays a key role in these disputes. Their valuations can be questioned by property owners who think the value is wrong. Also, mistakes in the appraisal process can cause problems.

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Appraisal Today

AUGUST 23, 2024

Excerpts: Topics: What is an appraisal review? Fact-checking vs appraisal review Types of appraisal review reports Why are appraisal reviews needed? Who requests a property appraisal review? Who can review a property appraisal? Understandable with excellent “real life” examples.

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Appraisal Contracts Investors Property Appraisal 75

Appraisal Today

DECEMBER 2, 2022

Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. Completing Evaluations in compliance with the Interagency Appraisal and Evaluation Guidelines.

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Appraisal Agents Real Estate Real Estate Agent 89

McKissock

OCTOBER 19, 2021

The presence of an additional living unit may complicate the appraisal process by making it difficult to know how to classify the subject property. Use the following guide to help you identify a single-family with ADU vs. two-family property. 3rd, “Appraising Accessory Dwelling Units Simplified.”

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Housing Wire

MARCH 9, 2021

The finance giant will also begin training home lending advisors and client care specialists in the reconsideration of value process and fair lending issues related to appraisals. ” Though the bank did not admit to any wrongdoing or any appraisal bias, it moved quickly to update its policies on valuations.

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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. How to reduce appraisal turn times and improve the borrower experience. Presented by: Voxtur.

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McKissock

DECEMBER 3, 2021

These sessions were well-attended and featured some spirited discussion; participants included some of the most respected names in the appraisal profession. The task force itself does not have the authority to pass laws or promulgate regulations. Many of the individual agencies represented on the task force (HUD, VA, FDIC, CFPB, etc.)

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Appraisal Today

DECEMBER 30, 2022

Mike Bost, the VA will be required to: Issue certification requirements for appraisers; Execute minimum property requirements; Review the process for selecting and reviewing comparable sales; Implement quality control processes; Establish the Assisted Appraisal Processing Program; and.

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Appraisal Architecture Business Appraisal Process 52

Clear Capital

APRIL 9, 2022

In late March, the Biden Administration released its Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) report. Designed to mitigate bias in the real-estate appraisal process, the report recommended a multi-pronged approach to change how homes are valued and sold in the United States.

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Appraisal Buzz

NOVEMBER 25, 2024

The recent expansion of appraisal waiver eligibility likely does not sit well with those poised to take on leadership roles in the next Trump administration, as it underscores creep from the GSEs missions. However, the very fact that appraisals have been mentioned in Project 2025 shows there is some cognizance and desire to seek changes.

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Housing Wire

FEBRUARY 15, 2025

(Image generated by AI through Midjourney) Some housing industry professionals have cheered the Trump administration’s actions to disable the Consumer Financial Protection Bureau (CFPB), but appraisers have mixed feelings about it. If the appraisal ends up costing more, lenders have to eat the expense.

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