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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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Nothing New Under the Sun: the varied face of appraisal

Walitt Solutions

In July 2019, I spoke to the Collateral Risk Network, a group of chief appraisers, risk managers, management companies, lenders, appraisers, regulators, and legal experts, at the Collateral Matters event in Reston, Virginia.