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Access our appraisal training courses here. When it comes to understanding the AMC’s standards for appraisers, try asking these questions: How do you select appraisers/propertyinspectors? How many years of experience must the appraisers/propertyinspectors have? There are two things to walk away with today.
Access our appraisal training courses here. When it comes to understanding the AMC’s standards for appraisers, try asking these questions: How do you select appraisers/propertyinspectors? How many years of experience must the appraisers/propertyinspectors have? There are two things to walk away with today.
A home inspector’s function is to study the structural, electrical, mechanical & plumbing in a home and document any problems or safety issues. Although the home appraiser will complete a rudimentary inspection of the subject property, it will be nowhere near as thorough as what a propertyinspector does.
During my presentation, I reviewed with the audience a number of appraisal scenarios that have been common practice for decades – often in spaces outside of first mortgage lending. Are these “other” inspection-and-valuation processes appropriate for lending? But is this so-called “new” process really new at all?
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