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Buyer agency: a crucial historical shift in real estate

Housing Wire

Now, real estate professionals champion the cause of buyers, managing over 100 tasks in each transaction to ensure their clients’ best interests are served. This policy change threatens not just the affordability of homeownership for the financially constrained but also the very fabric of market accessibility.

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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

In 2007, he started appraising conservation easements, which are specified areas of land earmarked for environmental conservation. Owners with conservation easements can claim an income tax deduction. Conservation easement appraisals are a definite risk for appraisers. They are not easy to do.

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Are Appraisers Professionals?

Appraisal Today

Integrity Remain steadfast in your commitments, stay true to your word, and uphold your principles, even if this requires declining an appraisal assignment or future work with a client or their agent. Before delivering work to clients, conduct a thorough review to mitigate potential errors.

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. It’s important to watch any red flags in the housing market, but it’s also key to stay objective. And if you work in real estate, be prepared to serve clients in all stations of life.

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Appraisers: How and Why To Check Carbon Monoxide Detectors

Appraisal Today

Bunzel was also able to provide some helpful tips for appraisers as far as how to communicate with their clients about CO detectors. For example, Bunzel says that appraisers and home inspectors should make it clear to their clients that they do not warranty if the device is working, just that it is there. By Ryan Lundquist.

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Appraisals and Water Frontage

Appraisal Today

The canal was owned by the state with an unclear easement for building beyond the rear lot line. Communicating with non-lender clients is very, very different than lenders! To read lots more about non-lender appraisals, including many marketing tips, plus 2+ years of previous issues, subscribe to the paid Appraisal Today.