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A Log Home Valuation

Appraisal Buzz

In the past, almost every major log home magazine has posted an article on the topic. The question is raised as to what is the real problem with log home valuation and what is the problem with appraisers working in the niche log home market? It’s apparent when someone has little to no knowledge regarding log home valuation.

Valuation 396
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Race and the Property Valuation Industry

Appraisal Buzz

The second appraiser could also have been incompetent, resulting in an over valuation of the couple’s property. The property valuation industry has a system for dealing with situations where a home’s appraised value is in dispute; it’s called the review process. Let’s unpack this situation…. The answer…. But, what else played a role?

Valuation 370
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Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. In a couple of words, it’s collaborative valuation; in a description it’s bringing together a team of professionals to tackle each appraisal report in concert. What is Collaborative Valuation? Technology.

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There Goes the Neighborhood.

Appraisal Buzz

Ive written numerous articles about this transition, but today I want to highlight a significant difference between the past and the future reports. The new GSE market section aligns with the language used in USPAP Standards 1 4, which govern residential appraisal development, reporting, and review. Sound familiar?

Valuation 388
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Supporting Market Conditions Adjustments: A Comprehensive Guide for Appraisers

Appraisal Buzz

By applying these methods, appraisers can provide reliable, accurate valuations that reflect current market conditions and ensure the appraisal’s credibility and acceptance. This is a fair assessment of the example, but nonetheless, the balance of this article will show you some ways to support the adjustment applied, if any.

Appraisal 358
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Fannie Mae official questions purpose of AMCs

Housing Wire

Perhaps AMCs can streamline the appraisal process, said Radke at a panel on the future of valuations, which happened to include Martin Froehlich, chief appraiser of AMC Nationwide Appraisal Network. Housing and Urban Development is running a task force to combat inequality in appraisals. Why is that?”. Become a member today.

Valuation 448
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How Tech is Working on the Solution to the Appraiser Shortage 

Appraisal Buzz

The shortage of appraisers within the industry has been well publicized recently and no doubt plenty of you reading this article have experienced the impact of this shortage first hand. With the acquisition, Class Valuation is looking to deliver a completely digitized appraisal process. Closing Thoughts.

Appraisal 448