Appraisal Buzz

AUGUST 7, 2024

These crimes result in legal costs, reduction in equity or property value and even property loss. Protecting the property rights of all Americans—and what is likely their largest financial investment—is of utmost importance,” said Elizabeth Blosser , VP of Government Affairs at ALTA. We must combat these threats.”

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Law Real Estate Government Realtors 397

Housing Wire

NOVEMBER 12, 2021

A National Association of Realtors (NAR) committee head recommended Friday that the federal standards governing real estate appraisals loosen up. Namely, appraisers should no longer have to partake in a two-year apprentice program as part of their licensing process. Francois Gregoire, an appraiser in St.

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Real Estate Agent Real Estate Valuation Appraisal 397

Housing Wire

SEPTEMBER 8, 2022

Freddie Mac, however, agreed to a pilot program to purchase between 1,500 and 2,500 manufactured homes not titled as real property, better known as chattel loans, which make up 42% of the manufactured housing market. Those targets fall short of prior years.

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Real Property Finance Mortgage Marketing 397

Housing Wire

JANUARY 24, 2025

Fitch explained that while property insurance serves as the primary protection for mortgage borrowers in these situations, their levels of coverage may not pay for all the costs to rebuild. This is due to the many loss-mitigation programs , including forbearance, that are available through the federal government and mortgage servicers.

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Insurance Mortgage Real Property Design 369

Appraisal Buzz

OCTOBER 10, 2022

Many advances have been made over the years to enhance techniques for developing real property valuations. Forty plus years ago I was taught to use building residual techniques to develop investment property valuations. Where does one go to question or clarify AVMs?

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Valuation Tools Development Appraisal 74

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 Modernization Property Appraisal Real Property 417

Housing Wire

JULY 16, 2024

Montana automatically declares these as real property once they are permanently affixed, but the government requires the de-titling paperwork. A burgeoning challenge relates to manufactured housing. Many people buy manufactured homes, put them on a foundation, but never de-title them,” he said.

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Mortgage Easement Home Value Business 435

Housing Wire

NOVEMBER 9, 2020

The FHFA reported the government sponsored entities expect e-mortgage purchases to increase in 2021. Federal legislation is not mutually exclusive with continued efforts at the state level to enact a framework governing the use of electronic methods for financial documents requiring notarization, according to the report.

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Law Legal Technology Real Estate 468

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

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Valuation Contracts Appraisal Legal 360

Housing Wire

DECEMBER 7, 2023

They just simply go into the register of deeds and they look for properties that are listed as either vacant or unimproved. And then they will impersonate the property owner. And they solicit a listing to a brokerage: the real estate agent takes the listing and asks for an ID, which checks out. million house.

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Real Estate Sellers Technology Real Estate Agent 476

Housing Wire

MAY 26, 2023

This recent trend involving seller impersonation is particularly concerning, as the real property owner is typically not aware nor in a position to prevent the fraud, until it is too late,” said Thomas W. Cronkright II, Executive Chairman of CertifID. million, according to NAR.

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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

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. The head of yet another government-subsidized nonprofit was found funneling cash to cronies….

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Business Property Appraisal Law Appraisal 91

Simonson Real Estate

JUNE 22, 2020

Van Cleve is a seasoned trial attorney and an appellate advocate handling a full range of real estate-related litigation. Gary is the chair of Larkin Hoffman’s real estate litigation practice group. We specialize in appraisals, market studies and litigation support on all types of real property.

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Valuation Real Estate Appraisal Retail 146

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.

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Real Estate Contracts Law Real Estate Agent 434

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. The government also has its own concerns and that generally revolves around taxation.

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Appraisal Tenants Investors Business 148

DataMaster

MARCH 17, 2021

This Opinion addresses Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development Reporting. Because of the public outcry over perceived racial prejudice by appraisers, government and appraiser leadership prepared to take action. Advisory Opinion 16. Bias Study.

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Appraisal Inspection Property Appraisal Law 141

Appraisal Hub

JANUARY 3, 2023

If you are interested in becoming a real estate appraiser in Toronto, here are the basics you need to know. Real estate appraisers work to assess the value of land, estates, and other pieces of real property. How Do I Become a Real Estate Appraiser? What Does an Appraiser Do?

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Real Estate Appraisal Training Design 78

Simonson Real Estate

SEPTEMBER 25, 2020

Van Cleve is a seasoned trial attorney and an appellate advocate handling a full range of real estate-related litigation. Gary is the chair of Larkin Hoffman’s real estate litigation practice group. We specialize in appraisals, market studies and litigation support on all types of real property.

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Valuation Appraisal Marketing Real Estate 130

Housing Wire

OCTOBER 9, 2023

What to bring to the exam: Be prepared When the day comes for you to take your real estate licensing exam, you must provide 2 forms of proper identification, as well as biometric identification, which may include a test center-captured photograph or a fingerprint scan.

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Real Estate Agent Real Estate Agents Brokerage 448

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. A good lawyer will see them coming.

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Development Sellers Legal Home Value 69

McKissock

JULY 2, 2021

One thing we recently learned is about real property vs personal property. ” “I want to increase my skill level in analyzing properties that are energy efficient, to more competently quantify/estimate a market premium (if any) for those properties.” Our market will do that for no tax dollars.

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Appraisal Transportation Technology Real Estate 97

Birmingham Appraisal

MAY 28, 2024

I thought I would take some time in this week’s blog post to explain the process you can take to appeal your high real property tax assessment if you think they are too high. Let’s walk through the steps you can take to appeal your assessment and potentially lower your property taxes.

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Property Taxes Market Value Appraisal Real Property 82

McKissock

JULY 24, 2020

Each state has its own set of administrative procedures used to handle disciplinary complaints against licensees of various professions, such as appraisers, real estate agents and broker s, doctors, nurses, accountants, etc. This law is often called the Administrative Procedures Act, but some states call it something different.

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Appraisal Law Government Real Estate Agent 53

DataMaster

MARCH 17, 2021

This Opinion addresses Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development Reporting. Because of the public outcry over perceived racial prejudice by appraisers, government and appraiser leadership prepared to take action. This increased public attention culminated in 2020-2021.

Appraisal 78

Appraisal Inspection Property Appraisal Law 78

DataMaster

MARCH 17, 2021

This Opinion addresses Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development Reporting. Because of the public outcry over perceived racial prejudice by appraisers, government and appraiser leadership prepared to take action. Advisory Opinion 16. Bias Study.

Appraisal 78

Appraisal Inspection Property Appraisal Law 78

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. The government also has its own concerns and that generally revolves around taxation.

Appraisal 78

Appraisal Tenants Investors Business 78

Empire Appraisal Group

JULY 28, 2022

Other government lending institutions (Freddie Mac, FHA, VA, and Rural Housing) indicate that they’ll accept the ANSI standard, but it’s unclear if they’ll accept Fannie Mae’s protocol when there are portions of the property that are used as living space but aren’t classified as living space under ANSI.

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Appraisal Agents Valuation Realtors 78

Lamacchia Realty

MARCH 1, 2023

Work scenarios evolved and with the lower rates and government stimulus, moving to a state with a lower cost of living and an enhanced lifestyle was a no-brainer. “In Stated Bloomberg Government States need less expensive housing to attract people or entice people to stay. Today that figure is just 12 percent.

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Business Government Realtors Buyers 78

Will Springer Realtor

AUGUST 2, 2022

EASEMENTS: An irrevocable right to use some part of another person’s real property for a particular purpose. Most easements are routine, in which a utility company needs access to the property to maintain service of its electricity, water or internet. Consult with a financial advisor and/or lawyer to get the right answers.).

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Easement Sellers Legal Buyers 36

Appraisal Today

SEPTEMBER 20, 2024

With over 16,000 members, AI is the largest real property professional association. The Appraisal Institute now faces a backlash from members who support Chance, a veteran nonprofit leader who joined roughly a year ago and pledged to make governance reforms and support the work of on-the-ground appraisers.

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Appraisal Business Contracts Real Estate 82

The Robert Weiler Company

SEPTEMBER 7, 2022

At the 2022 REALTORS® Commercial Economic Issues and Trends Forum, NAR Chief Economist, Dr. Yun, asked local governments to ease land zoning regulations and ordinances. Land contracts can be useful for buying raw land for sale, a house, a commercial property, or other real property.

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Marketing Real Estate Investing Retail 78

Housing Wire

APRIL 27, 2022

In the plans, both government-sponsored enterprises explain how they will provide financing for manufactured and rural housing, and support affordable housing preservation. Freddie Mac also plans to purchase 6,300-7,500 manufactured housing loans titled as real property in its duty to serve plan.

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Finance Real Property Government Mortgage 397

Appraisal Today

SEPTEMBER 1, 2023

As a side note, after much ado — the real property Standard 1 has only one word change in five years.) Government refinance applications dropped more than 10 percent last week.” However, we note that the USPAP Scope of Work Rule has the user expectations and peers’ actions test of “acceptability.” percent the previous week.

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Appraisal Contracts Mortgage Real Estate 87

Appraisal Today

AUGUST 9, 2024

Understanding Market Value Market value is the most frequently sought value in real property appraisals and can have various definitions. Most often, it is defined as the most probable price a property should sell for under typical conditions.

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Appraisal Reconsideration of Value Insurance Market Value 74

Property Metrics

DECEMBER 10, 2021

1031 ), which defines the conditions for tax deferral on the sale of real estate. In other words, taxes can be deferred on the profitable sale of a commercial property as long as the proceeds are “exchanged” into a new property of “like kind” that is held for investment purposes. 1031 Exchange Rules.

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Investors Market Value Investing Real Estate 36

Housing Wire

MAY 25, 2022

But the government sponsored enterprises may now be on the cusp of entering the chattel market. Instead, they have opted to finance manufactured homes that more closely resemble site-built homes, are titled as real property and cost much more. That means the 17.5

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Finance Supply Chain Tenants Real Estate 448