Appraisal Buzz

JULY 5, 2021

Specifically, construction labor is in short supply. Even in 2019, 80% of construction contractors had trouble filling hourly craft positions, which indicates the fact that COVID only amplified an already worsening problem. One unfortunate hallmark of the post-COVID world is the worker shortage going on right now.

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Appraisal Real Estate Appraisal Process Construction 370

Housing Wire

FEBRUARY 8, 2022

In a December 2020 request for information, FHFA highlighted potential benefits of desktop appraisals, including assisting training of new appraiser trainees, and alleviating appraiser shortages in rural and high-volume areas. It also pointed out potential pitfalls of a non-traditional approach.

Appraisal 370

Appraisal Appraisal Process Valuation Renovations 370

GoForrmz

AUGUST 8, 2024

Embracing digital solutions to streamline administrative processes in construction The construction industry, traditionally seen as a hands-on field, is rapidly embracing digital transformation. Streamlining Paperwork with Digital Forms One of the most cumbersome aspects of construction project management is handling paperwork.

Tools 78

Tools Construction Project Management Training 78

Clear Capital

JULY 28, 2021

Unfortunately, several myths and misconceptions around appraisal modernization persist, resulting in many within our field being unable to move forward and embrace needed change. . A primary example of one of these mistaken beliefs is that modernization efforts will diminish an appraiser’s importance.

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Modernization Appraisal Training Technology 69

Genworth MI Blog

MAY 28, 2020

Truth: A manufactured home is built in a factory and constructed to comply, at a minimum, with the Manufactured Home Construction and Safety Standards (HUD Code) enacted June 15, 1976. All factory-built homes constructed after June 15, 1976 must comply with the HUD Code or local building code. can work at night).

Construction 148

Construction Loan Officers Training Lending 148

GoForrmz

JUNE 20, 2024

Implement technology to enhance safety and efficiency on construction sites Construction sites are bustling hubs of activity, but they also present numerous safety risks. Traditional methods of managing construction safety, such as paper forms and manual inspections, can be inefficient and prone to errors.

Tools 60

Tools Construction Training Inspection 60

DW Slater Company

FEBRUARY 24, 2022

Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process. Appraisers have been trained in knowing what to look for.

Inspection 154

Inspection Tools Appraisal Technology 154

Appraisal Today

SEPTEMBER 13, 2024

6 Tips for Appraising New Construction Homes Excerpts: Lenders, FHA, and the GSEs (Fannie Mae and Freddie Mac) treat new construction a little differently. When appraising new construction homes, certain factors that don’t always apply to existing dwellings must be considered. Keep a file of local building costs 4.

Construction 74

Construction Appraisal Contracts Mortgage 74

Appraisal Today

NOVEMBER 1, 2024

The ranch dates to the late 1800s, and its multiple properties include a 4,980-square-foot lakefront home with a waterside cabana, an under-construction 7,713-square-foot architect-designed residence and a number of cabins. Early 2025 Appraiser training starts. The GSEs had a recent “train the trainer” event and classes will be coming.

Appraisal 86

Appraisal Training Contracts Mortgage 86

GoForrmz

JUNE 20, 2022

On construction or excavation sites with heavy machinery that can obstruct hearing or visuals, you may have more lone workers than you originally thought. Thanks to the modernization of every industry, and as technology advances, we will likely see the number of lone workers rise. ” — EHSToday, citing a TrackPlus survey.

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Training Technology Inspection Business 146

Appraisal Today

MAY 27, 2022

6 Tips for Appraising New Construction Homes. Excerpts: New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. To read more tips, click here. By Mark Buhler.

Construction 52

Construction Appraisal Modernization Contracts 52

Genworth MI Blog

MAY 28, 2020

Truth: A manufactured home is built in a factory and constructed to comply, at a minimum, with the Manufactured Home Construction and Safety Standards (HUD Code) enacted June 15, 1976. All factory-built homes constructed after June 15, 1976 must comply with the HUD Code or local building code. can work at night).

Construction 78

Construction Loan Officers Training Lending 78

GoForrmz

APRIL 26, 2023

This means 10 construction workers lacking adequate fall protection on a job site could potentially mean a $15,625 fine times 10, or $156,250. Prior to this plan, violations were grouped, meaning if 10 construction workers lacked proper PPE, the fine would only be $14,502.

Training 78

Training Business Inspection Construction 78

DW Slater Company

FEBRUARY 24, 2022

Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process. Appraisers have been trained in knowing what to look for.

Inspection 78

Inspection Tools Appraisal Technology 78

Lamacchia Realty

MAY 23, 2023

Factors such as supply chain disruptions, project delays, and increasing costs have greatly impacted both new construction and ongoing renovation projects. Bureau of Labor Statistics and FRED Economic data, the cost of construction materials had decreased by about 3% in April 2023 compared to April 2022. According to the U.S.

Renovations 69

Renovations Supply Chain Construction Home Improvement 69

Appraisal Today

NOVEMBER 17, 2023

While there is some overlap, being qualified to perform an appraisal requires much more training, education, and expertise, and the job goes far beyond gathering physical data. Myth #3: PDCs are not properly trained or qualified While there isn’t a license, PDCs are still required to be trained and competent to do their job.

Appraisal 73

Appraisal Modernization Training Business 73

Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. Additionally, if a cash-out refinance is occurring, the loan is for construction or renovation, and for multi-unit properties, condos, co-op, or manufactured homes, you cannot use a desktop appraisal.

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Valuation Appraisal Inspection Appraisal Process 69

Appraisal Today

APRIL 5, 2024

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. With shifts in existing and pending home sales, new home sales, construction activity, and economic indicators such as inflation and mortgage rates, appraisers are navigating a complex landscape. built in 1825 Excerpts: 8 bedrooms, 5.5+

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Appraisal Contracts Business Construction 81

Property Metrics

MAY 28, 2021

In other words, a property could become functionally obsolete when its design, style, amenities, or technology no longer meet the needs and/or expectations of modern tenants. Modern tenants require high speed internet connections, strong cellular reception, advanced security features, and modern audio/video capabilities.

Real Estate 50

Real Estate Tenants Modernization Renovations 50

Appraisal Today

JANUARY 31, 2025

By Kevin Hecht Excerpts: When to Use the Cost Approach There are circumstances when its necessary to use the cost approach, for example, unique properties and new construction. If you only do GSE appraisals, you probably dont use the Cost Approach very often, except for new construction. I was trained at an assessors office.

Appraisal 64

Appraisal Contracts Real Estate Insurance 64

Appraisal Today

JULY 28, 2023

bath 4,000sqft 0.35acre lot, Pending sale This futuristic home is new construction that took years to design and build made of steel frame construction cantilevering in what seems to be thin air. Tired of working for AMC/lenders with their UAD, forms, “modernization”, words to not use, etc? There is none of this!

Appraisal 83

Appraisal Contracts Mortgage Clients 83

Appraisal Today

FEBRUARY 16, 2024

In my city of 78,000 population, there are over 10,000 buildings constructed prior to 1930, including many classic Victorians. the price of the Naples compound was justified not only because of the size, location, and yacht basin, but also because it would be difficult to construct such a property again. Others are not.

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Appraisal Contracts Training Architecture 84

Appraisal Today

FEBRUARY 9, 2024

= 32% of Homes for Sale in the Fourth Quarter Were Newly Built — Just Shy of the Record High Redfin reports new construction has taken up a growing share of the for-sale housing pie because homebuilding has increased and the number of individual homeowners selling has decreased. Nationwide, 31.8% That’s comparable with 31.9% Lee Miller.

Appraisal 84

Appraisal Contracts Insurance Construction 84

Appraisal Today

OCTOBER 13, 2023

Depending on how you were trained, at the beginner level you typically view appraisals as forms — forms with checkboxes to be checked or left blank. Though the hotel never came to be, the lobby, which appears to grow out from within the rocky overlook, was constructed. Level 1 – Beginner This is where we all start.

Appraisal 84

Appraisal Law Contracts Business 84

PennyMac

OCTOBER 10, 2023

A home appraisal is an unbiased report on the value of your home performed by a trained and state-licensed individual. But first, let’s quickly cover the basics of home appraisals. What Is a Home Appraisal and Why Is It Important? Downsizing or packing for a long-distance move?

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Will Springer Realtor

DECEMBER 6, 2022

The Seattle Post-Intelligencer described the new-home construction “of the mushroom order … here and there and everywhere.”. Yoho was not trained in architecture nor held a degree in design, even though he would be portrayed with such skills.

Architecture 36

Architecture Design Buyers Modernization 36

Appraisal Today

NOVEMBER 10, 2023

Originally constructed in 1973, an 1100 ht.sq.ft. addition in 2011 expanded its footprint and modernized its features also adding a 4-car garage. Additions may be constructed, outbuildings added, and zoning regulations updated. There will be detailed training requirements and background checks.

Appraisal 65

Appraisal Contracts Design Mortgage 65

The Robert Weiler Company

NOVEMBER 10, 2021

Planes, Trains, Automobiles, and More: Transportation links are essential for any industrial space or commercial properties for lease. Ideally, you want your property to be at or very near an intermodal transit point where planes, trains, trucks, and seagoing vessels easily interchange. new construction pipeline of nearby buildings.

Real Estate 78

Real Estate Retail Investing Tenants 78

Appraisal Today

MAY 26, 2023

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B AI has to be trained on good data. billion tax fraud scheme. Right now, nothing compares to it.”

Easement 52

Easement Contracts Appraisal Inspection 52

Appraisal Today

DECEMBER 23, 2022

Modern valuation progress requires three things: 1) a clear definition of “what is a comp?” 2) Appraiser training to reflect this simple data analysis rule; and 3) standards and user requirements (such as the GSE’s) that require this basic data science issue to be evaluated in every appraisal. To read what more, click here.

Appraisal 52

Appraisal Contracts Mortgage Modernization 52

Will Springer Realtor

AUGUST 11, 2023

Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”). The national trend for new construction, however, is generally moving in the opposite direction. In the 1990s, one-third of new homes were smaller than 1800 sq.

Buyers 36

Buyers Development Construction New Listings 36

Housing Wire

FEBRUARY 5, 2025

New developments and construction New developments often prefer to have one real estate agent represent every home in that community. Speak with construction companies working closely with developers to form relationships and get in on the ground floor with these communities. Or is Scandinavian, modern minimalist more your thing?

Real Estate 261

Real Estate Real Estate Agent Architecture Clients 261

Will Springer Realtor

NOVEMBER 10, 2023

Clarence Stone, from American Political Science Review, offered this after reading Privatopia: “For those genuinely concerned with the moral fiber of modern America, they might well heed McKenzie’s warning about uncritically accepting the privatization of citizenship in an income-segregated society.” Don’t feel sorry for the builder.

HOA 36

HOA Buyers Law Supply Chain 36

Will Springer Realtor

OCTOBER 10, 2024

This trend has doubled since 2019, with built-to-rent homes making up 10% of new construction (8% in the PNW). Both major political parties offer solutions focusing on increasing housing construction. The seller is none other than Pat Monahan, lead singer for the pop group Train, and his wife, Amber. Check out this 5-bedroom, 3.75-bathroom

Investors 36

Investors Buyers Housing Market Design 36

GoForrmz

FEBRUARY 17, 2023

A much smaller group noted that training, upgrades, and software or firmware-related work took up a significant portion of their time. Interestingly, 36% trained to be an engineer, up nearly 7% from last year. ” “ Nearly 68% of survey respondents said they chose field service because they like fixing things.

Technology 78

Technology Training Business Modernization 78

The Robert Weiler Company

NOVEMBER 16, 2022

But proximity to a new Intel Corporation fabrication plant whose construction might one day ease future global chip shortages might be another reason to love our region. It’s predicted to generate 3,000 jobs with high-wage salaries, 7,000 construction jobs, and more than 10,000 indirect jobs. Similar terms include “Silicon Prairie.”

Business 147

Business Logistics Supply Chain Technology 147

Lamacchia Realty

JULY 7, 2021

Renovating a historic building is no easy feat, but months of construction and hard work have certainly paid off. You can see the original bones of the building in the exposed beams and stunning fireplaces combined with modern touches like the stunning client waiting area and a glorious open loft space that overlooks work spaces below.

Business 69

Business Renovations Realty Realtors 69