Remove Definition Remove Modernization Remove Real Property
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Fannie and Freddie Release New Hybrid and Desktop Forms for Testing

McKissock

As part of their appraisal modernization efforts, Fannie Mae and Freddie Mac (the GSEs) have issued test forms for Hybrid and Desktop appraisal assignments. The GSEs have also aligned on guidance regarding the use of these test forms, including formal definitions for “Hybrid” and “Desktop” assignments. Written by Dan Bradley.

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Are Appraisers Professionals?

Appraisal Today

Charles kitchen cabinets have been preserved and restored, blending seamlessly with luxurious modern updates like fine wool carpeting in the bedrooms and sophisticated new kitchen and bathroom fixtures. At the center lies this crucial inquiry: Are only essential requirements included in the Real Property Appraiser Qualification Criteria?

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Fannie Mae Takes A Closer Look at Appraisals

Appraisal Today

From accusations of bias or discrimination to failure to disclose significant real property appraisal assistance, it can be really alarming if a licensing board reaches out and notifies you of a complaint. Failure to analyze the sales history of the subject property. This is definitely not a repeat of 2008. ==.

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Transforming Real Estate Appraisal with Alternative Products

AmeriMac

Examples include automated valuation models (AVMs), broker price opinions (BPOs), and desktop appraisals, streamlining the process and offering cost-effective solutions for real estate transactions. This shift has improved accuracy and efficiency in determining a property’s market value.

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Reconsideration of Value and Appraisers

Appraisal Today

Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that when appraising a real property, an appraiser must: (a) reconcile the quality and quantity of data available and analyzed within the approaches used; and. (b) Keep the definition of intended users as narrow as possible.

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Strange Properties Appraisers Have Seen

Appraisal Today

A spine-tingling 12% of successful homebuyers say their home is definitely haunted, while an additional 17% say their home may be harboring spirits. This satisfies the affordable housing element,” Al Salguero, real property division manager at the Orange County Assessor’s Office, told the publication.