Appraisal Buzz

MARCH 5, 2025

She has more than 30 years of litigation experience, with 27 years specifically devoted to business and real estate litigation involving the mortgage lending and servicing industries. Her experience has landed her several speaking engagements at training seminars, conferences, and continuing legal education courses on real property issues.

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Appraisal Buzz

OCTOBER 3, 2024

“, the paper estimates that the title insurance industry’s work to maintain accurate and reliable property records mitigates $600 to $900 billion in risk exposure to home buyers, lenders and other participants in real estate transactions.

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Insurance Real Estate Valuation Real Property 384

Housing Wire

MARCH 31, 2022

By focusing on its clients and their processes, WFG helps compress the time required to close a loan and/or transfer real property ownership. WFG develops solutions in direct response to industry concerns solicited through regular engagement with its Executive Roundtable (ERT) of C-suite lending executives. .” properties.

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Appraisal Buzz

JUNE 11, 2024

Department of Housing & Urban Development (HUD) and U.S. Additional initiatives that Freddie Mac noted included the financing of more than 46,000 manufactured homes titled as real property from 2018-2023, providing more than $6.7 Census Bureau, the nation’s manufactured housing market provides affordable housing to nearly 6.7

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Finance Real Property Design Lending 390

Appraisal Buzz

JUNE 20, 2022

Real property appraisers have had quite a bit dumped on them in the past couple of years. The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern. The world is a dangerous place for appraisers.

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Cleveland Appraisal Blog

SEPTEMBER 2, 2022

The Sales Comparison approach, as the name implies, compares the property being appraised to other properties that a potential buyer might consider as a substitute for buying the property being appraised. Even if I do not include my development of the Cost Approach in my report, I have it in my work file.

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Appraisal Development Valuation Market Value 342

Appraisal Buzz

OCTOBER 5, 2021

The Foundation is pleased to once again partner with McKissock to develop online versions of the real property 2022-2023 7-Hour National USPAP Update Course. This is the 12th year that McKissock Learning has been the exclusive provider of The Appraisal Foundation’s national online USPAP update course.

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Housing Wire

APRIL 26, 2021

Under the agreement, the California Association of Realtors gained “access to a comprehensive suite of tools allowing them to create, manage, negotiate, and close offers on real property, all at no additional cost and integrated with their MLS platforms,” read the March release.

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Housing Wire

JULY 16, 2024

Population centers like Bozeman and Billings may have more tract homes, but that is a relatively recent development, DeWolf explained. Montana automatically declares these as real property once they are permanently affixed, but the government requires the de-titling paperwork.

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Mortgage Easement Home Value Business 435

Appraisal Buzz

AUGUST 1, 2022

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. Summary, What Does it Mean? I do several reviews every month and most normally fail to meet minimum standards.

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Valuation Contracts Appraisal Legal 360

Appraisal Buzz

FEBRUARY 17, 2025

Lets revisit the basics: In an H&BU analysis, real estate appraisers determine the most probable use of a property by applying four tests: whether the use is legally permissible , physically possible , financially feasible , and maximally productive. Order doesnt matter for the first two tests, but its essential for the last two.

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Cleveland Appraisal Blog

MAY 26, 2023

The Sales Comparison Approach uses competing homes to develop an opinion of the market value of the property being appraised. The Income Approach uses potential income to develop an opinion of the market value of a property, when applicable. All three are market-based approaches. All three are market-based approaches.

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Appraisal Real Estate Agent Real Estate Valuation 305

Cleveland Appraisal Blog

NOVEMBER 11, 2021

” I wonder what would have happened if they had hired appraisers to appraise the homes they were buying, and relied upon a professional real property appraisers’ opinion of value when making their decisions? Property Location – City of Brecksville (Lower Density Suburban). My opinion of value – $345,000.

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Valuation Market Value Appraisal Real Estate 369

Eppraisal

FEBRUARY 7, 2023

Owning raw land has real potential along with its share of pitfalls. Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition.

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Development Sellers Legal Home Value 69

Appraisal Buzz

OCTOBER 11, 2021

In fact, we’ll be even more important because unlike the automotive industry, we have no standardized approach to the collection and development of real property data. There can be a wide variance between what intended users require in terms of property data, think lenders versus tax assessors.

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Cleveland Appraisal Blog

APRIL 11, 2023

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value? Isn’t that all that appraisers do?

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Appraisal Market Value Legal Property Appraisal 358

Appraisal Buzz

SEPTEMBER 26, 2024

FHFA has carefully reviewed the feedback from stakeholders in developing this re-proposal, which will better ensure the regulated entities’ safety and soundness so they continue to serve as a reliable and stable source of liquidity for the U.S. Thompson, director of the FHFA, in a statement. housing finance system.”

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Housing Wire

NOVEMBER 9, 2020

The strong standards in the bill are important to prevent fraud and offer consumers a more secure alternative rather than simply using free online audio-audio technology when buying property or refinancing a mortgage. Prior to the pandemic, ALTA and MBA saw a need to develop model RON legislation. To date, 37 states and U.S.

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Law Legal Technology Real Estate 468

Housing Wire

DECEMBER 8, 2023

Topics include: Real estate license law, agency, contracts, real property, ownership, taxes, water law, land development and zoning, deeds and title transfer, escrow and settlement, fair housing, leases & more AZ Contract Writing Course: 6 hrs of required instruction. Deluxe: Required 90 hrs of coursework.

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Real Estate Contracts Law Real Estate Agent 434

Simonson Real Estate

JULY 10, 2020

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. Appraisers assemble a series of facts, statistics, and other information regarding specific properties, analyze this data and develop opinions of value.

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Housing Wire

MAY 26, 2023

The threat posed by wire fraud has commanded quite a bit of attention from the real estate ecosystem. But as the housing industry has gotten better at tackling it, fraudsters have been hard at work developing more creative scams. In January, a report from wire fraud prevention firm CertifID in conjunction with the U.S.

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Sellers Real Estate Realtors Real Estate Agent 397

Housing Wire

APRIL 22, 2024

Colibri courses were created by experienced industry experts, and include real-world examples and interactive learning opportunities. It allows students to stop and start courses as needed, develop and meet study goals, and track progress across your required coursework. Washington Real Estate Practices (30 course hours).

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Real Estate Tools Agents Real Estate Agent 459

Housing Wire

NOVEMBER 30, 2023

Covers license law, real property, agency, state & federal laws, advertising, valuation, finance, real estate calculations, contracts & more + 15-hr Applied Real Estate Principles, an interactive course Leap Learning 60-hr Online Topics Package $419 60 of required 75 hrs. Self-paced.

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Real Estate Realtors Real Estate Agent Law 448

DataMaster

JUNE 15, 2023

The purchase of real property for the purpose of investment is not new. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. There are plenty of financing options made with rental property investors in mind. The post How should appraisers approach short-term rentals?

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The Robert Weiler Company

SEPTEMBER 30, 2020

And, the commercial real estate appraisal review process is not just a second opinion or a survey to friends or even colleagues; it is a required, in-depth analysis by industry experts. For grants secured for commercial real estate acquisition or development, appraisal reviews are a must-have. Grant Applications.

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Real Estate Appraisal Valuation Property Appraisal 137

Cleveland Appraisal Blog

JUNE 30, 2023

Joining local clubs or organizations, volunteering for events or charities, attending spiritual centers, classes, or workshops, and online communities such as Meetup or Facebook groups are excellent ways to meet new people and develop a support system. Images by Pexels June, thank you so much for sharing these tips with us! Sage advice!

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Appraiserblogs

MARCH 8, 2021

Advisory Opinion 16 is Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development and Reporting. The Appraisal Foundation has issued an exposure draft for Advisory Opinion (AO) 16. Unlike other exposure drafts, the text of the AO opinion has been rewritten.

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Law Property Appraisal Appraisal Real Property 95

MN Real Estate Services

FEBRUARY 4, 2017

When Emotions Are Raw, and Trust Is Low, You Need a Real Estate Appraisal That Could Stand Up In Court If It Had To. Your client is going through divorce and there is real property involved. You contact Minnesota Real Estate Appraisal Services LLC in Minnesota and get them to do an Appraisal that both parties can trust.

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Real Estate Appraisal Real Property Valuation 78

McKissock

AUGUST 6, 2021

To become a licensed appraiser , most states require you to start out as an appraisal trainee and obtain a certain number of hours of experience before you can appraise real property on your own. Real property appraiser qualification criteria*. * ??Hours Some states require you to earn a college degree , but some don’t.

Appraisal 101

Appraisal Real Property Property Appraisal Training 101

McKissock

JANUARY 4, 2022

Real estate appraiser qualification criteria. Hours required include specific curriculum courses and hours — please see the Real Property Appraiser Qualification Criteria for details. McKissock professional development courses. more stringent) than AQB criteria. Schedule a call with an Education Specialist.

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Appraisal Valuation Real Estate Agent Development 93

McKissock

MARCH 17, 2023

property inspections), or prepare for retirement. Whatever the reason, supervisors play an essential role in the training and development of future appraisers. You might be looking to grow your business, delegate tasks (e.g., In this post, we outline how to become a supervisory appraiser.

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Cleveland Appraisal Blog

APRIL 21, 2022

Because when developing the market value of a home, appraisers look for other homes that are comparable in terms of condition. What if the neighbor’s home in poor condition, was purchased and then renovated? Would that then increase the market value of the neighboring homes? Probably not.

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Market Value Appraisal Agents Real Estate Agent 354

McKissock

NOVEMBER 19, 2021

Keep reading for insights on the appraisal profession, how to become a property appraiser, and, finally, how to maintain your license and grow your career. Every piece of real property, from a two-bedroom condo to a 500-acre farm, has a value. Diagramming or photographing a property and its structures.

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Property Appraisal Appraisal Real Estate Real Property 82

McKissock

AUGUST 21, 2020

USPAP STANDARD 2 clearly states the minimum content requirements for reporting a real property appraisal. What you did or did not do in developing the appraisal. Development shortcuts? So you must not take development shortcuts when using a Restricted Appraisal Report. Reporting requirements. Get the free guide.

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Appraisal Appraisal Process Clients Development 92

McKissock

SEPTEMBER 14, 2021

Free Download: Learn how to become a real estate appraiser in our free guide. Every piece of real property, from a two-bedroom condo to a 500-acre alfalfa farm, has a value. Diagramming or photographing a property and its structures. Inspecting the property to determine its condition and improvements.

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Real Estate Appraisal Inspection Real Property 92

McKissock

MAY 14, 2023

for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g., fee simple, leased fee, etc.) population, news articles, economic data, internet searches, etc.) population, news articles, economic data, internet searches, etc.)

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Simonson Real Estate

SEPTEMBER 16, 2021

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of a real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. As appraisers’ we assemble facts, statistics, and other information on a specific property.

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