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Decoding Property Appraisal for REO Properties

AmeriMac

These properties are typically owned by banks or government agencies, aiming to sell them quickly to recover losses. The unique circumstances surrounding REO properties require specialized handling during the appraisal process, considering factors like extensive repairs, market trends, and quick-sale pricing strategies.

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2024 USPAP For Appraisers

Appraisal Today

I always thought the accused could face their accuser in a court of law in America. Fannie Mae plays havoc with appraisers’ livelihood and infers that the reviewer is perfect in every one of their reviews. It shows a fundamental lack of understanding of what appraisers do. Appraisers are licensed and regulated.