McKissock

DECEMBER 28, 2021

Another content and curriculum manager at McKissock, Dan Bradley, warns that three major unknowns face the appraisal profession for 2022: the PAVE (Property Appraisal and Valuation Equity) task force ; inflation and interest rates; and property values/market conditions. These are expected to be significant and far-reaching.

Appraisal 96

Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Simonson Real Estate

SEPTEMBER 16, 2021

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of a real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. As appraisers’ we assemble facts, statistics, and other information on a specific property.

Appraisal 78

Appraisal Appraisal Process Real Property Real Estate 78

Simonson Real Estate

JUNE 16, 2021

The role of the appraiser is to provide objective, impartial, and unbiased opinions about the value of real property—providing assistance to those who own, manage, sell, invest in, and/or lend money on the security of real estate.

Appraisal 78

Appraisal Real Estate Appraisal Process Real Property 78

Simonson Real Estate

DECEMBER 6, 2022

Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 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. Craig Morley.

Appraisal 78

Appraisal Agents Valuation Realtors 78

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. also known as short-term rentals (STRs) — to claim STR income as part of the borrower qualifications side of the lending decision. This is creating significant friction in the lending environment.

Appraisal 78

Appraisal Tenants Investors Business 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. St Petersburg, Fla.,

Sellers 78

Sellers Appraisal Development Construction 78

Appraisal Today

SEPTEMBER 20, 2024

percent from one week earlier Appraised Value Vs. Sale Price Excerpts: Property sellers often ask professionals who are performing appraisals for mortgage lending, “Why is an appraisal even needed? With over 16,000 members, AI is the largest real property professional association. professional real estate appraisers.”

Appraisal 82

Appraisal Business Contracts Real Estate 82

Appraisal Today

JULY 12, 2024

At the center lies this crucial inquiry: Are only essential requirements included in the Real Property Appraiser Qualification Criteria? By staying informed and considering all relevant factors, you can deliver credible valuations. In response, the AQB has recognized that this request is just one aspect of a broader inquiry.

Appraisal 75

Appraisal Design Contracts Business 75

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.

Real Estate 173

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.

Appraisal 369

Appraisal Valuation Real Estate Government 369