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Decoding Property Appraisal for REO Properties

AmeriMac

.” This means the appraiser needs to pay close attention to the property’s condition and possible repair costs. The property may also have legal issues, like title problems or unpaid liens, which can affect its value. That’s why a complete home inspection is essential when looking at REO properties.

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Nothing New Under the Sun: the varied face of appraisal

Walitt Solutions

In July 2019, I spoke to the Collateral Risk Network, a group of chief appraisers, risk managers, management companies, lenders, appraisers, regulators, and legal experts, at the Collateral Matters event in Reston, Virginia. My talk focused on Property Inspections, which – to an outsider – might seem to be a straight-forward topic.