Appraisal Buzz

FEBRUARY 7, 2022

Desktop refers to a scope of work where the appraiser did not perform any level of viewing of the property and relied on other sources to gather property details. All three labels refer to the scope of work completed by the appraiser when completing the assignment. Lenders rely on regulation and policy.

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Appraisal Buzz

APRIL 9, 2025

Recognizing the most innovative technology providers in the mortgage industry, MortgagePoints Tech Excellence Awards highlight the companies that have developed cutting-edge solutions, improved operational efficiencies, and have enhanced the mortgage process through technology.

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Housing Wire

SEPTEMBER 17, 2024

Department of Housing and Urban Development (HUD) on Tuesday also will publish a new final rule in the Federal Register to expand accepted communication methods for counseling clients. The federal government is launching a campaign on Zillow to help provide housing counseling services to more Americans. The Department of U.S.

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Housing Wire

MARCH 19, 2024

Department of Housing and Urban Development (HUD) Office of Housing Counseling (OHC) has made a series of updates to its Housing Counseling Program Handbook, including extensive additions, consolidations and reorganizations to a section focused on the Home Equity Conversion Mortgage (HECM) program.

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Appraisal Buzz

APRIL 1, 2024

The records an appraiser maintains as a part of developing the appraisal — both data that was included in the report and data that was analyzed and considered but not used — supports the appraiser’s conclusions more precisely than any single paragraph of the report ever can. And still, those are somewhat extreme (though common) examples.

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Appraisal Buzz

OCTOBER 11, 2024

New Rule to Expand Counseling Offerings Effective October 16, the Modernizing the Delivery of Housing Counseling Services final rule now allows HUD-approved housing counseling agencies to use alternative communication methods, such as meeting virtually and by phone, to engage and educate homebuyers and renters seeking support.

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Housing Wire

MAY 27, 2022

I continue to refer to this as the best piece of advice I have ever received because it reflects two key values. Making sure everyone is included spans from our diversity, equity & inclusion commitments to our product development where we create greater opportunities for our clients. Jobs that create houses.”

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Housing Wire

OCTOBER 3, 2022

When it comes to origination, modernization is key to enhancing the customer experience, improving overall cycle times and increasing overall profit. Referred to as “lights-out processing,” this advanced technology actively monitors the system for any data changes.

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Housing Wire

FEBRUARY 24, 2023

I hear these phrases quite often when it comes to product and software development, but I think they apply very well to solving complex problems like transforming the property appraisal process to work better for every stakeholder. That means development can start this year, so the industry is ready to roll out the new forms in 2024.

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Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. Fannie Mae also included efforts to “modernize” appraisals in its equity plans. Fair housing, are you kidding me?”. .

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Appraisal Buzz

SEPTEMBER 16, 2024

Over the past couple years, my team and I have been at the forefront of this revolution, developing customized AI agents that don’t just automate tasks—they enhance efficiency, save time, increase income, and streamline processes in ways previously unimaginable. Our mission goes beyond mere implementation.

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Housing Wire

FEBRUARY 10, 2024

Exam Prep: RealEstateU’s Exam Prep course includes sample questions, six practice exams, and lessons that are connected to the full course for quick reference, helping you focus on the exact information you’ll need to retain for the licensing exam. Modern Real Estate Practice Prelicensing Package $299 Required 75 hrs. of coursework.

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Housing Wire

NOVEMBER 8, 2021

We look at market dynamics and lending through a long lens and aim to develop and deliver innovative products that we believe meet an evolving set of consumer financing needs at various stages of life and throughout changing economic cycles and borrowing conditions,” she says. Kathryn Amor. “We

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Appraisal Buzz

APRIL 15, 2024

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. In their software, appraisers have historical files that they may want to refer to, they have extensive template language already developed, and frankly they’re just used to it.

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Appraisal Buzz

JULY 15, 2024

We had to do it ourselves in the beginning, developing our own local software using DOS. It is up to appraisal software companies to develop solutions to provide this specific data set. The answer depends on software solutions to be developed. It was my father’s vision that we would “computerize.”

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Appraisal Buzz

MARCH 28, 2022

Fannie Mae has released further clarification on their announcement that they will be requiring appraisers to provide square footage calculations in accordance with the American National Standard for Single-Family Residential Buildings, the standard reference is ANSI Z765-2021. The FNMA requirement will take effect April 1, 2022.

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Appraisal Buzz

AUGUST 12, 2024

For years, we have referred to our appraisal reports as “forms,” but they have always been appraisal “reports.” Appraisers will need to develop a more flexible pricing strategy that considers the specific requirements of each assignment. We can learn from this beautiful prose.

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Appraisal Buzz

MAY 13, 2024

Appraisers are familiar with the local neighborhoods, new subdivisions, commercial developments, schools, etc. Living in close proximity to a property may intuitively sound like a great idea. On the other hand, the familiarity with these elements may be based on subjective, anecdotal, emotional or non-factual, and non-data driven reasons.

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Housing Wire

DECEMBER 26, 2023

Before you dive in, it’s important to know that in North Carolina, all beginning real estate agents are referred to as provisional brokers. Includes Modern Real estate Practice in North Carolina textbook, NC Drill & Practice QBank + NC Exam Prep courses, Accelerator Online Video Course and Live Online Coaching.

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Real Estate Real Estate Agent Design Law 446

Appraisal Buzz

SEPTEMBER 2, 2024

Therefore, by elimination, the only aspect of value to which it can refer is the use(s) to which the current improvements can be put. Or, it could mean razing the current improvements, and then developing the now-vacant site to its highest and best use. That could mean doing nothing.

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Housing Wire

DECEMBER 29, 2023

hour, all-in-one continuing education package and several professional development courses. Enroll Now Kaplan Best online real estate course in NY for professional development Overall Rating: 3 out of 5 stars Rating: 3 out of 5. out of 5 stars Rating: 4.5 out of 5 stars Rating: 4.5

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Cleveland Appraisal Blog

JANUARY 21, 2021

Before I go on, I should also make clear the type of cracks I am referring to. Cracks develop when stress upon a dwelling exceeds its strength. Remember, if you develop a crack, on your house that is, do not panic! Modernized Bias – and Opinion? Settlement cracks! It may not be a big deal.

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Appraisal Today

NOVEMBER 8, 2024

Think of the new URAR like upgrading from a basic flip phone to a modern smartphone. Both URAR and UAD acronyms are used in articles and references I have read. Built in 1914, the Cape Cod mansion has been thoughtfully modernized over the years to retain its historic integrity. The whole interior views to the water,” she said.

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McKissock

MARCH 24, 2022

which states, “Develop a legislative proposal that modernizes the governance structure of the appraisal industry to improve transparency and public participation in the establishment of appraisal standards and appraiser qualification criteria, and to advance diversity in the profession.”

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Lamacchia Realty

SEPTEMBER 1, 2021

How many times have you driven down a New England street and loved the style of a home and had no idea how to reference it to your real estate agent? The front door is centered, typically without architectural decor but modern versions can have a porch or portico added to the design.

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Appraisal Today

JANUARY 31, 2025

Call local developers for better support on cost estimates. Keep it as a reference for the future when you may need to use the Cost Approach. They shared many helpful comments, including common pitfalls to avoid as well as general advice and recommendations. Make friends with builders. This article explains when and why. trillion).

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DataMaster

FEBRUARY 3, 2021

The RFI contains 4 components: The Uniform Appraisal Dataset (UAD) and the design of appraisal forms Automated Valuation Models (AVMs) and appraisal waivers Valuation differences by borrower and neighborhood ethnic makeup Appraisal modernization. Appraisal Modernization. The Detractors. Some disagree with the overhaul. The Supporters.

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GoForrmz

OCTOBER 28, 2022

From the earliest days of incorporating science, technology, and art to fully comprehend our solar system, to modern-day advances in hydrotechnology bringing clean water to third world countries, engineering isn’t a topic to be taken lightly. What are the Biggest Challenges Facing Modern Engineers?

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GoForrmz

OCTOBER 26, 2023

Enterprise data may be the missing piece for your business’s growth A growth mindset is often thought to refer to the ability of a leadership team to see value in growth, but there’s a lot more to it than that. But how can a growth mindset be nurtured and harnessed to navigate the complexities of the modern business world?

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Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

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GoForrmz

DECEMBER 21, 2023

Optimizing Grid Management with Smart Solutions The integration of Big Data technologies enables the development of smart grids for efficient energy management. Even something as small as referring to digital sign-in sheet data for better planning in town-hall-style meetings can help your team run more efficiently.

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Portland Appraisal Blog

JULY 27, 2019

It is connected to the east side of the city via four bridges and boasts some of the city’s modern skyscrapers—including the John Ross Tower , Portland’s largest residential structure. The data export was checked, validated, and scrubbed of obvious errors using custom tools developed by the author.

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Appraisal Today

NOVEMBER 17, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Liability, Bias, reviewers with little experience, GSE modernization, unusual homes, mortgage origination stats, etc. acre lot A spectacular midcentury modern home, cantilevered 16 feet in the air, recently hit the market for $3 million in Oakland, CA.

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Appraisal Today

JULY 1, 2023

These resources supplement the initial documentation that was released in March 2023 to kick off industry development and preparation for the new appraisal dataset and report. Reference Guides for the Restricted Appraisal Update Report and Completion Report to provide guidance on entering information and how it will be displayed.

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Raleigh Realty

NOVEMBER 30, 2021

Considered to be one of the most important principles in architecture and in the home, some of the most desired aesthetic design styles right now are rustic, minimalist, coastal, bohemian, and mid-century modern. By giving a room a distinct look and feel, aesthetics are a prime example of artistic expression.

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Appraisal Today

AUGUST 18, 2023

Integrated commentary Gone are the days of vague references to some addendum page that the reader has to hunt down. Appraisers can provide their insights right next to the data, photos, maps, or figures it refers to. Request a reasonable fee based on the time involved in developing, analyzing, and reporting the appraisal.

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GoForrmz

MAY 23, 2023

You’ve developed a business idea, now how can you make it a reality? The Small Business Association has a variety of programs, such as the Small Business Development Center, that can help guide you through these initial stages without the cost of a private consultant. Stage 1: Existence Congratulations! Find your local office here.

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