Appraisal Today

AUGUST 9, 2024

Market Value and Appraised Value: Exploring Various Appraisal Values By Jo Traut Excerpts: You’ve probably been asked about the difference between “market value and appraised value” by clients seeking a mortgage. We don’t provide an appraised value of a property.

Appraisal 67

Appraisal Reconsideration of Value Insurance Market Value 67

Housing Wire

MAY 1, 2024

Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) announced a new policy on Wednesday that will enable mortgage borrowers to “request a re-assessment of the appraised value of their property if they believe that the appraisal was inaccurate or biased,” according to an announcement from HUD.

Reconsideration of Value 476

Reconsideration of Value Appraisal Valuation Realtors 476

Housing Wire

NOVEMBER 30, 2021

After a summer filled with overwhelming demand and too little appraisal capacity, which increased loan costs and time to close, there is finally light appearing at the end of the tunnel. of the properties in Black neighborhoods receive appraisal values lower than the contract price versus 7.4%

Appraisal Process 448

Appraisal Process Modernization Appraisal Valuation 448

Housing Wire

MARCH 9, 2021

The Department of Housing and Urban Development (HUD) has announced that JPMorgan Chase has come to an agreement with a Black homeowner who claimed the bank’s mortgage division – relying on a valuation done by an appraiser – valued her home at an amount lower than its actual worth because of her race.

Reconsideration of Value 482

Reconsideration of Value Appraisal Valuation Appraisal Process 482

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 68

Appraisal Design Contracts Business 68

Appraisal Buzz

JANUARY 17, 2025

Invested nearly $5 billion in Tribal communities through targeted housing and community development programs, including the Indian Housing Block Grant, Indian Community Development Block Grant, and Native Hawaiian Housing Block Grant.

Investing 195

Investing Reconsideration of Value Modernization Insurance 195

DataMaster

JUNE 2, 2023

Yes, we’re talking about reconsideration of value (ROVs) and revision requests. The Biden-Harris administration has been vocal in its efforts to address racial and ethnic bias in home valuations. In 2022, the administration launched the interagency task force on Property Appraisal and Valuation Equity (PAVE).

Reconsideration of Value 145

Reconsideration of Value Valuation Clients Legal 145

DataMaster

JUNE 2, 2023

Yes, we’re talking about reconsideration of value (ROVs) and revision requests. The Biden-Harris administration has been vocal in its efforts to address racial and ethnic bias in home valuations. In 2022, the administration launched the interagency task force on Property Appraisal and Valuation Equity (PAVE).

Reconsideration of Value 78

Reconsideration of Value Valuation Clients Legal 78

Housing Wire

JUNE 2, 2023

On the heels of a Thursday announcement by six federal agencies unveiling a proposed rule that would implement quality control standards that govern the use of automated valuation models (AVMs), Vice President Kamala Harris weighed in. In addition, the proposed rule expressly includes a nondiscrimination quality control standard.”

Appraisal 418

Appraisal Reconsideration of Value Valuation Development 418

Appraisal Today

MARCH 14, 2025

Very different than lender appraising, where you only appraise properties that are suitable for mortgage loans. The March 2025 issue of Appraisal Today has a very comprehensive article for appraisers: Can you use the assessors assessment values for site valuation, by Tim Andersen, MAI.

Appraisal 52

Appraisal Valuation Contracts Government 52