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There Goes the Neighborhood.

Appraisal Buzz

In a recent selling guide announcement by Fannie Mae (November 6, 2024), it was mentioned that they had collaborated with Freddie Mac to update the standardized definitions for neighborhood and market area. The updated definitions are provided below, along with their corresponding definitions from the Appraisal Institute.

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Free Webinar: Components of AMC Training by Josh Walitt

Appraisal Buzz

Certain states require AMC staff to receive training to ensure they understand valuation independence regulations as well as other statutory requirements. Our free webinar, “ Components of AMC Training ” will be held on June 10th at 2 pm with Josh Walitt as the host. Buzz : Why do AMCs need the training?

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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…. My Journey.

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Is it time to replace professional baseball umpires with technology?

Appraisal Buzz

However, as the days are getting longer, the time for spring training and the start of another season of baseball is just around the corner. Advances in technology, particularly AI, machine learning, and high-definition cameras, have enabled unprecedented accuracy.

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Zurple Review: Features, pricing & alternatives

Housing Wire

When a potential buyer or seller lead searches for homes or a home valuation on Google, they are driven to your site by ads created and managed by Zurple’s advertising experts. Training resources & marketing tools Zurple also offers users downloadable training resources and marketing tools.

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The appraisal industry’s hidden hand

Housing Wire

But they did not become key players in the home valuation industry until the recent housing bubble.”. The outcome was a settlement, the Home Valuation Code of Conduct, or, as appraisers swiftly dubbed it, havoc. That’s at least what the AMC trade group, the Real Estate Valuation Advocacy Association , contends.

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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

In high-stakes eminent domain cases, where valuation opinions diverge to a significant degree, an appraiser must be prepared to zealously defend the opinion being given under what can sometimes be grueling cross-examination by the other side’s lawyer.

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