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. These reforms also aim to eliminate explicit biases among appraisers.

Appraisal 78

Appraisal Inspection Property Appraisal Law 78

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. These reforms also aim to eliminate explicit biases among appraisers.

Appraisal 78

Appraisal Inspection Property Appraisal Law 78

Empire Appraisal Group

AUGUST 12, 2021

The agencies involved in residential lending—Fannie Mae, Freddie Mac, the Department of Veterans Affairs, and the Federal Housing Administration—have slightly varying definitions of gross living area, but all agree on these facts: Gross living area is the finished, above-grade residential area. appeared first on Empire Appraisal Group.

Sellers 78

Sellers Appraisal Development Construction 78

McKissock

FEBRUARY 23, 2021

Divorces and estates can be two lucrative sources of appraisal assignments; they don’t require UAD compliance, and there won’t be any underwriter addendum requests or “stips.” Residential Appraisal Review and USPAP Compliance. It covers form differences, USPAP issues, and assignment conditions.

Appraisal 52

Appraisal Inspection Development Design 52

McKissock

JULY 24, 2020

This is a good first step because you would be surprised at the number of complaints that are filed with appraisal regulatory agencies where the complaint is filed against a lending institution, for example, and the appraisal regulatory agency doesn’t have jurisdiction. It has been updated slightly. Written by Dan Bradley.

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Appraisal Law Government Real Estate Agent 53

Appraisal Today

JULY 12, 2024

At the center lies this crucial inquiry: Are only essential requirements included in the Real Property Appraiser Qualification Criteria? The appraisal includes no recent sales of similar design. The 1007 was not designed for appraising single-family properties that are used as STRs.

Appraisal 75

Appraisal Design Contracts Business 75

Appraisal Today

NOVEMBER 20, 2022

FNMA indicates that their 2022 lending volume is down 47% from 2021 and is expected to drop by another 50% in 2023. So, it’s pretty safe to state that the “appraiser shortage” of yesteryear is over, and reviewers now have more time on their hands. Excerpts: Disciplinary complaints against appraisers are becoming more and more common.

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52

Appraiserblogs

JUNE 22, 2021

In the past year, the appraisal industry has been under attack from various academics who claim “racial bias” on the part of real property appraisers providing appraisal services to lenders who provide home mortgages.

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Real Estate Appraisal Valuation Training 173

Appraisal Today

NOVEMBER 29, 2024

This also opens the door for pushback on related changes, such as the expansion of the Nondiscrimination rule of the Uniform Standards of Professional Appraisal Practice, or the addition of valuation bias education to the Real Property, to the extent that either of these would include content that goes beyond what exists in statute already.

Appraisal 85

Appraisal Business Contracts Real Estate 85

Appraisal Buzz

NOVEMBER 25, 2024

Instead, we could see a return to using fewer waivers and non-appraisal valuation alternatives as a means of shoring up collateral risk in preparation for an exit from conservatorship, and stronger collateral risk management requirements imposed on the GSEs going forward.

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Appraisal Valuation Real Estate Government 369