Housing Wire

MARCH 26, 2024

The changes include communicating to applicants that they have the right to request a reconsideration of value (ROV); explaining why an ROV is denied or the valuation is unchanged; and training its credit, valuation and customer service staff on the topic. But the company hasn’t admitted any fault.

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Appraisal Reconsideration of Value Valuation Mortgage Appraisal 464

Housing Wire

AUGUST 7, 2020

Valuation technology company Valligent Technologies has named Walter Allen as its executive vice president of digital transformation. Financial services law firm Garris Horn announced that mortgage attorney Melanie Feliciano has joined as a partner. Before that Yankowski was president and CEO of Executive Title Insurance Services.

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Technology Law Lending Legal 385

Appraisal Buzz

MARCH 3, 2025

Regulations surrounding ADUs are ever-changing and with this rapid evolution, it is important to stay up to date on all local and state zoning laws, building codes and permit regulations. Not following local zoning regulations can lead to fines, penalties, and even possibly legal action. So, there is a lot to pay attention to.

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Construction Appraisal Legal HOA 248

Appraisal Buzz

JULY 3, 2024

Today on the Appraisal Buzzcast, host Hal Humphreys speaks once again with Peter Christensen, attorney/owner at Valuation Legal, CE instructor at Appraiser eLearning, and one of our highest rated Buzzcast guests. What are some current court cases and lawsuits affecting appraisers today?

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Appraisal Valuation Legal Development 361

Appraisal Buzz

JULY 28, 2021

In today’s Buzzcast, we dive into the Legal and Accounting presentation of our Business Building Workshops being at Valuation Expo on September 8 th. Today we have the host, Peter Christensen, Owner of Christensen Law Firm, with Joan Trice, Founder of Allterra Group, LLC. Do you hire employees or independent contractors?

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Legal Valuation Law Business 150

Appraisal Buzz

JUNE 17, 2024

This practice, though not legally mandated in most states, had become the norm. However, with agents’ commissions and roles being questioned, appraisers have the chance to position themselves as indispensable experts in property valuation. This differentiation can attract clients looking for expertise beyond standard appraisals.

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Appraisal Real Estate Agent Valuation Real Estate 370

Housing Wire

MAY 21, 2024

Use online valuation tools Though they’re not perfect, online valuation tools can offer estimates based on public records and algorithms. Appraisers have access to detailed property information, and while they may not disclose exact sales prices, they can provide insights into the valuation process.

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Real Estate Agent Real Estate Inspection Valuation 488

Housing Wire

JUNE 17, 2022

I take very seriously the commitments we’ve made to regulators, legislators, & industries who changed laws and policies to unlock the digital future we’re creating. The funding round valued Notarize at $760 million, triple its valuation at the time of its $35 million Series C funding round a year prior, at the start of the pandemic.

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Legal Business Valuation Law 459

Appraisal Buzz

SEPTEMBER 30, 2024

This session was sponsored by Solomon Adjustments, LIA, & AppraiZit Day 1 Conference Sessions: Trends, Technology, and Legal Insights The official Summit conference kicked off on Monday, September 16, with opening remarks by Malinda Griffin President of the National Association of Appraisers (NAA) and Hal Humphreys of Appraiser eLearning.

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Appraisal Legal Valuation Tools 352

Housing Wire

FEBRUARY 22, 2024

Legal and regulatory risk demands compliance with evolving laws and regulations, with VRM Mortgage Service’s legal and compliance departments ensuring current knowledge and implementing controls. TF: Effective risk management in REO asset sales involves awareness of the intrinsic risks.

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Business Marketing Real Estate Legal 435

Appraisal Buzz

JULY 18, 2024

In particular, “ Quality Control Standards for Automated Valuation Models ” will implement quality control (QC) standards for automated valuation models (AVMs) used by mortgage originators and secondary market issuers in valuations. The final rule is similar to the proposal issued in June 2023.

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Valuation Design Law Appraisal Process 221

Housing Wire

JULY 11, 2024

For example, mentors must complete a course related to valuation bias and fair housing laws, and there are terms for marketing the PAREA program and the scholarship fund to diverse communities. The settlement, which will govern the foundation’s conduct for three years, requires enhancements to the PAREA program.

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Appraisal Valuation Development Property Appraisal 433

Housing Wire

NOVEMBER 16, 2023

Real estate forms : It is said that a contract is only as good as the paper it’s written on, and real estate purchase contracts are written on template legal documents that have been reviewed and approved by state-level real estate departments. And it needs to be unlocked.

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Realtors Contracts Real Estate Agents 448

Appraisal Buzz

FEBRUARY 28, 2025

Therequired informationincludesfull legal name, date of birth, current residential or business address, andone-of-a-kindidentifying number from anapprovedidentification document (e.g., passport ordrivinglicense)of everybeneficial owner.

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Real Estate Appraisal Business Legal 195

Housing Wire

SEPTEMBER 23, 2021

Closing loans without documentation violates federal laws, including the Dodd-Frank Act , which requires mortgage originators to follow minimum standards for all mortgage products. late Thursday afternoon, with a valuation of $2.1 The post Ex-loanDepot COO: Tony Hsieh cut corners to boost volume appeared first on HousingWire.

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Retail Development Valuation Law 103

Cleveland Appraisal Blog

JUNE 18, 2022

comparable sales, income, and cost), there are many other elements that may apply based on the statutes, case law, and procedural rules in a given state. Before retirement in 2014, Leslie practiced law for 33 years, mostly with Faegre Baker Daniels (now Faegre Drinker), a law firm with national and international offices.

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Appraisal Law Development Valuation 312

Housing Wire

DECEMBER 26, 2023

Choose from 4 hr elective (Court Cases + Reports) & 2 hr legal update & more Virtual: Required 6 hrs of 1st-yr renewal coursework. Includes recent court case reviews, FBI updates & 2 hour legal update Home Study: Required 6 hrs of 1st-yr renewal coursework. Live class via Zoom on designated dates / times.

Real Estate 448

Real Estate Real Estate Agent Design Legal 448

Miller Samuel

MARCH 19, 2019

This proposed NYC "pied-a-terre" tax law has a name that infers it concerns " pied-a-terres " when in fact that property type is but one part of the property types that are impacted. The market value of these properties will be based on a "comparable sale-based valuation method." Faber, a partner at McDermott Will & Emery.

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Real Estate Law Development Investors 370

Housing Wire

JUNE 8, 2022

So far, lenders have been slow to adopt special purpose credit programs, although they have been legal since 1976. Earlier this year, the Department of Housing and Urban Development pointedly told lenders that the programs do not violate fair lending law.

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Development Finance Government Lending 370

Housing Wire

NOVEMBER 20, 2024

The lawyers also said that the trade association may be running afoul of tax laws given its status as a nonprofit trade association. “It It is highly unusual — I would even say virtually unheard-of — for volunteer leaders and officers to receive compensation at those levels,” Jeff Tenenbaum, a nonprofit lawyer in Washington, D.C.,

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Legal Law Business Government 305

Housing Wire

SEPTEMBER 7, 2023

“The buyers want the listing brokers to pay their buyer representative so they can have the most money invested in their down payment and get the best loan terms and rates possible,” Katie Johnson , NAR’s chief legal officer, said. Settlement is always an option for any party in litigation.

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Buyers Agents Loan Officers Real Estate 418

Birmingham Appraisal

JANUARY 29, 2025

Using this information helps appraisers provide the most accurate and up-to-date valuation possible. These ethical guidelines ensure that appraisers provide objective valuations based solely on market data and property analysis, free from personal opinions or outside influence.

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Appraisal Appraisal Process Valuation Buyers 63

Cleveland Appraisal Blog

APRIL 26, 2023

Not only can a realtor help you find the right piece of land and negotiate the price, but they can even help you navigate the legal paperwork. This information can help buyers make informed decisions and avoid potential pitfalls that you might make if you were privy to such information.

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Realtors Buyers Real Estate Agent Appraisal 276

The Robert Weiler Company

MAY 14, 2021

Operationally, it triggers a series of legal processes necessary to reallocate ownership of assets and belongings from the deceased to their beneficiaries. Settling an estate usually requires probate, the legal process reassigning ownership from a deceased person to their living beneficiary performed in court.

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Real Estate Appraisal Legal Valuation 133

Appraiserblogs

MARCH 17, 2021

Valuation Legal warned us about this back in December: Appraiser and AMC Laws to Include Prohibitions Against Discrimination. Bill A5185 and AMC Bill A5146 introduced to the state legislature in New Jersey show just how much state legislators don’t understand the appraisal profession. From Bill A5185: 2. 45:14F-1 et seq.)

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Appraisal Law Legal Property Appraisal 103

Appraisal Partners Blog

JANUARY 2, 2025

Introduction Life events such as divorce and the settlement of an estate can be emotionally challenging and legally complex. Without a professional valuation, property disputes are common, and often end up in lengthy and expensive legal battles. This is required by law and helps to establish a clear and defensible value.

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Appraisal Legal Valuation Tools 78

Valuation Review

JUNE 5, 2023

Peter Christensen, owner of Christensen Law-Valuation Legal, shared more legal insight with Valuation Review about what appraisers should know. Read on to find out what the legal expert had to say. Christensen outlined specifics dealing with the statute of limitations for a lawsuit against an appraiser.

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Valuation Review Appraisal Legal Valuation 60

The Robert Weiler Company

SEPTEMBER 30, 2020

The physical, legal, or economic descriptions of the property are in question. A real estate appraisal review is an excellent tool for a recently conducted commercial appraisal, to check if market comps and other property valuations remain the same. State laws differ, and the reviewer may need more than one license.

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Real Estate Appraisal Valuation Property Appraisal 137

The Robert Weiler Company

SEPTEMBER 19, 2022

A simple conservation easement definition is a legal contract to protect private land, permanently. A contract between the landowner and the buyer is legally binding. A land trust is a legal entity that assumes ownership of purchased property. Failure to comply with these regulations can result in legal consequences.

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Easement Legal Government Contracts 148

Empire Appraisal Group

OCTOBER 12, 2023

Asset Valuation : The family home is often one of the most significant assets in a marriage. Protection from Over/Under Valuation : An appraisal can help protect both spouses from the risk of undervaluing or overvaluing the home. It adds a level of credibility to property valuation discussions.

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Appraisal Valuation Law Appraisal Process 78

Empire Appraisal Group

OCTOBER 5, 2023

A date of death appraisal, also known as a “valuation as of the date of death” is a type of real estate or personal property appraisal that determines the fair market value of assets as of the date a person passed away. Valuation Date : The valuation date is critical in these appraisals.

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Appraisal Market Value Valuation Law 78

Boston Appraisal

APRIL 18, 2024

Challenges in Appraising Mixed-Use Developments Complex Valuation Models : Mixed-use properties require appraisers to be adept in multiple valuation methods. retail, office, residential), an appraiser must combine elements of each type’s valuation techniques. Since these developments encompass various property types (e.g.,

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Development Appraisal Valuation Retail 78

Appraisal Partners Blog

MARCH 6, 2025

An estate appraisal is a professional valuation of real estate owned by a deceased person (the decedent). Probate: Probate is the legal process of administering a deceased person’s estate. Qualified to provide a “date of death” valuation. The valuation methodology used. What is an Estate Appraisal?

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Market Value Appraisal Valuation Marketing 78

Realvals

JUNE 18, 2023

Estate Taxes In some cases, local laws may require appraisals for estate tax purposes. ” ( source ) The only way to obtain legal ownership of the property is to go through the probate process. As an executor of an estate, your responsibility is to manage and distribute assets according to the deceased’s will or state law.

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Appraisal Property Taxes Real Estate Market Value 145

McKissock

SEPTEMBER 21, 2021

Luckily, there are steps you can take to limit your legal liability and keep yourself and your business protected. Craig Capilla will discuss the legal ins and outs of the engagement letter to put appraisers in the best position to satisfy client expectations and limit liability. About the presenter. Learn more with our free guide.

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Appraisal Legal Valuation Government 80

The Robert Weiler Company

OCTOBER 15, 2021

Legal documentation pertaining to the commercial property for sale in Columbus, Ohio; pending litigation (if any) that may affect the sale of the property should also be provided. As noted within the beginner tips above, the valuation of a property is a fundamental step in commercial real estate investment. in decades. 1031 Exchanges.

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Investing Real Estate Tenants Investors 138

Boston Appraisal

JULY 6, 2023

Property disputes can come in many forms: from squabbles between neighbors about boundary lines to legal battles in a divorce proceeding over shared assets. By providing an objective assessment of the property’s market value, an appraisal can aid in dispute resolution, assist in legal arguments, and guide negotiations.

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Appraisal Legal Market Value Appraisal Process 78