Housing Wire

JULY 11, 2024

That’s because aspiring appraisers allegedly rely heavily on identifying a friend or family member who is already a licensed appraiser to be their mentor. And, per the Bureau of Labor Statistics 2023 data, the property appraisers and assessors’ occupation was 94.7% White and 0.6%

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Appraisal Valuation Development Property Appraisal 432

Housing Wire

APRIL 21, 2021

The government agency also said it plans to retire all temporary selling flexibilities on May 31, 2021. ” While some flexibilities are meeting their end, the FHFA said it will extend alternative appraisals on purchase and rate-term refinance loans out another month until May 31, 2021.

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Valuation Real Estate Agent Appraisal Modernization 418

Housing Wire

NOVEMBER 17, 2022

” In March, the Department of Housing and Urban Development ‘s Property Appraisal and Valuation Equity (PAVE) task force released an action plan for eliminating bias. And we have to understand the actual events that have occurred.”

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Appraisal Valuation Modernization Property Appraisal 370

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.

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Appraisal Property Appraisal Modernization Real Property 417

Housing Wire

MARCH 23, 2023

Thursday, March 23 marks the one-year anniversary since the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released its action plan to curb instances of bias in the housing appraisal process. Led by U.S. FHFA, along with HUD, [the U.S. Department of Agriculture (USDA) and the U.S.

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Appraisal Valuation Reconsideration of Value Training 397

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. Standard 2 is the specific standard that addresses the reporting of appraisals.

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Valuation Appraisal Contracts Legal 360

Appraisal Today

SEPTEMBER 27, 2024

Understanding the depth, quality of the water, and type of shoreline is crucial, as these elements directly influence the property’s usability, aesthetics, and long-term stability. The importance of these factors cannot be overstated, and they deserve careful consideration in every waterfront property appraisal.

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Property Appraisal Appraisal Training Contracts 80

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.

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Appraisal Process Appraisal Reconsideration of Value Valuation 397

Housing Wire

APRIL 14, 2023

Neighborhoods are subject to the choices of developers, municipal governments and other outside groups. Currently, 75% of real estate agents and 97% of property appraisers in the U.S. Minorities in real estate We need more people of color in the real estate industry who can shape where we live, work, socialize, shop and worship.

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Real Estate Law Business Real Estate Agent 397

Housing Wire

JANUARY 14, 2022

Whether it is providing appraisal services, underwriting services or title services, a mortgage application cannot proceed without their input. We have reviewed and analyzed recent stakeholder and government data, and we are pleased to deliver the following analysis and predictions for 2022. Current volume and trends.

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Appraisal Marketing Valuation Mortgage 435

Realvals

FEBRUARY 10, 2025

The county tax assessor sets values for property taxes. Exceptions and Considerations FHA appraisals may be more open. These are done for government-backed loans. While the full appraisal stays private, some data feeds into public systems. This creates a link between private appraisals and public records.

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Appraisal Property Taxes Real Estate Market Value 78

Housing Wire

JANUARY 10, 2023

Property Appraisal. I would be remiss not to choose appraisal as the first area that desperately needs action. The most groundbreaking aspect of GSE appraisal modernization that gets overlooked is that there is now a tech-driven data standard for how a home should be documented in support of an appraisal.

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Modernization Valuation Appraisal Finance 397

D Fritz Appraisals

JANUARY 29, 2025

Addressing British Columbia’s housing crisis requires a multi-faceted approach that combines innovative construction methods with strategic government initiatives. For Buyers: Appraisals ensure buyers pay fair market value, which is especially critical in a high-demand market. Why Choose Us for your Victoria Property Appraisals?

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Appraisal Valuation Property Taxes Inspection 78

East Coast Appraisal

FEBRUARY 23, 2022

A commercial property appraisal has numerous benefits to all players in the real estate industry. Property owners, sellers, renters, buyers, and even mortgage companies can all benefit from commercial property appraisals. Below are some reasons to commission commercial property appraisals. Contact us.

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Property Appraisal Appraisal Real Estate Property Taxes 52

Appraiserblogs

JUNE 28, 2023

Most believe that the company is too large and complex to be effectively managed by the government. Others believe that Fannie Mae is sorta manageable, and that the government has taken steps to reduce the. Dear representative, waiving/eliminating property appraisal for lending purposes is wanton recklessness.

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Property Appraisal Government Lending Appraisal 99

East Coast Appraisal

JULY 7, 2022

property appraisal is essential in the real estate industry. It aids in determining the property's market value, ensuring the buyer can acquire it at a fair price. This blog will discuss specific errors that may impact the valuation process and which should be avoided during property appraisal. .

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Property Appraisal Appraisal Valuation Appraisal Process 52

Boston Appraisal

FEBRUARY 11, 2024

The Impact of Preservation Restrictions The distinction between a historic property with preservation restrictions and an old house without them is crucial in the appraisal process. However, these restrictions may also limit modifications, potentially affecting the property’s market appeal.

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Appraisal Renovations Architecture Appraisal Process 147

The Robert Weiler Company

SEPTEMBER 16, 2021

And how does the real estate appraisal process work? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Residential vs. Commercial Property Appraisal and Their Differing Review Process.

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Real Estate Appraisal Property Appraisal Valuation 147

Appraiserblogs

AUGUST 1, 2022

Her experience as a licensed real property appraiser in West Virginia turned out to be the perfect training ground for the study of public corruption, restraint of trade and government overreach. Who would have thought it?

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Legal Training Property Appraisal Law 114

The Robert Weiler Company

MARCH 15, 2021

What makes these neighborhoods and individual special use property conversions so tricky – even if there appears to be a renaissance underway? Government and nonprofit organizations are likely to point to crime, poverty, and a lack of infrastructure. Before a special purpose property can be bought and sold, its value must be assessed.

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Appraisal Property Appraisal Real Estate Buyers 158

McKissock

MARCH 24, 2022

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” Define metrics that can help to identify and measure patterns of mis-valuation in the property valuation process.

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Valuation Property Appraisal Training Appraisal 91

AmeriMac

OCTOBER 28, 2024

Real Estate-Owned (REO) properties are distressed homes acquired by lenders after failed auctions. Different from traditional transactions, they are owned by financial institutions or government agencies like Freddie Mac or HUD. Unlike regular appraisals , REOs are often distressed properties sold “as is.”

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Property Appraisal Appraisal Legal Valuation 36

D Fritz Appraisals

SEPTEMBER 9, 2024

Though housing costs, monthly rentals, and property taxes are on the rise, solutions to housing insecurity may be just around the corner. Fritz Appraisals Inc. Professional property appraisers will let you know the home’s true value compared to the asking price and how it might change over time.

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Real Estate Appraisal Housing Market Property Appraisal 123

Appraiserblogs

NOVEMBER 2, 2022

Racket at Attorneys General Group Will Ring Familiar to Appraisers The nation’s licensed real property appraisers will recognize a scheme run by a nonprofit known as the National Association of Attorneys General. Related Posts: Appraisers Should Bristle Stealthy vice again masquerades as public virtue.

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Business Property Appraisal Law Appraisal 91

Appraisal Hub

DECEMBER 22, 2021

Appraisers in Toronto can help you make an informed decision before you buy or sell a property. With a home appraisal, you can position yourself more confidently in the market. Why get your property appraised? The purpose of a property appraisal is to determine the real market value of your home.

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Real Estate Appraisal Property Appraisal Market Value 78

McKissock

AUGUST 4, 2020

What types of clients do property appraisers serve? To help answer these questions, we recently asked our real estate appraisal community, “What type of appraisal client makes up the majority of your client base?” ” State or local government agencies (8%). Federal government agencies (6%).

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Clients Appraisal Government Property Appraisal 87

Boston Appraisal

MARCH 18, 2024

Tax Disputes : Property owners challenging their tax assessments, whether for year property taxes or estate and probate taxes, rely on appraisers. Eminent Domain Cases : When government entities acquire private land for public use, appraisers determine just compensation for property owners.

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Legal Real Estate Appraisal Valuation 148

Realvals

JUNE 18, 2023

By getting an appraisal, you can substantiate your claims and provide evidence to support your position. It’s not uncommon for property owners, insurance companies, or tax authorities to have contrasting opinions on the value of a property. Typically, the government will notify you of their intent to acquire your property.

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Appraisal Property Taxes Real Estate Market Value 145

The Robert Weiler Company

JANUARY 7, 2021

In the event that any law, ordinance, or regulation is passed or enacted by the government, is the tenant or landlord responsible for all costs associated with required alterations of your operation or use of the premises? Governing Law. Compliance with Laws. Maintenance and Repairs. Amendments.

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Landlords Tenants Real Estate Insurance 148

DataMaster

MARCH 17, 2021

With two weeks to go until the deadline for comment submissions, we urge all appraisers to make their voice heard. This Opinion addresses Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development Reporting. Advisory Opinion 16. This increased public attention culminated in 2020-2021.

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Appraisal Inspection Property Appraisal Law 141

East Coast Appraisal

SEPTEMBER 26, 2023

Specialization Residential and commercial property appraisals differ. For example, commercial property appraisal considers income generation, which isn't a factor for residential property appraisal. An appraiser may have experience in one property type but not the other.

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Real Estate Appraisal Property Appraisal Insurance 52

McKissock

NOVEMBER 5, 2021

Government refinance applications fell for the sixth week in a row. HUD answers questions about its new inter-agency appraisal bias task force. JPMorgan Chase has donated $3 million to the Appraiser Diversity Initiative. Appraisal webinars: Get up to speed on hot topics in the appraisal industry with our Pro-Series webinars.

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Appraisal Government Property Appraisal Valuation 73

MN Real Estate Services

JUNE 17, 2019

The firm is headed by Clarke Goset , who has been a leading real estate appraiser in the twin cities for many decades. Aside from the appraisal of commercial properties, Minnesota Real Estate Appraisal Services also offer land and development property appraisals.

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Real Estate Appraisal Development Property Appraisal 60

Realtor

MAY 18, 2018

They may no longer be required to get formal property appraisals—a change that could save them hundreds of dollars and speed up the closing process. A little-known change in requirements last year from mortgage giants Fannie Mae and Freddie Mac has made these waivers for traditional, in-person appraisals available.

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Appraisal Inspection Buyers Valuation 78

Realtor

MAY 18, 2018

They may no longer be required to get formal property appraisals—a change that could save them hundreds of dollars and speed up the closing process. A little-known change in requirements last year from mortgage giants Fannie Mae and Freddie Mac has made these waivers for traditional, in-person appraisals available.

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Appraisal Inspection Buyers Valuation 78

Robinson Appraisal Group

NOVEMBER 16, 2018

The Market Conditions Addendum (Form 1004MC) is designed to enhance the transparency of the market trends and conditions conclusions made by the appraiser. The Market Conditions Addendum was required with all one- to four-unit property appraisals performed on or after April 1, 2009.

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Tools Appraisal Lending Inspection 78

Empire Appraisal Group

JANUARY 20, 2022

Murphy, director of government affairs for the Florida Association of Insurance Agents. Insurers also say that property appraisers often don’t factor in solar panels when calculating a home’s value – but for coverage, insurers must consider replacement costs. And others offer no solar panel coverage at all.

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Buyers Insurance Agents Legal 78