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Free Webinar: Components of AMC Training by Josh Walitt

Appraisal Buzz

Certain states require AMC staff to receive training to ensure they understand valuation independence regulations as well as other statutory requirements. Our free webinar, “ Components of AMC Training ” will be held on June 10th at 2 pm with Josh Walitt as the host. Buzz : Why do AMCs need the training?

Training 366
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White House marks one year of PAVE appraisal bias action plan

Housing Wire

The White House also says that it is aiming to change the nature of the appraisal profession itself, “taking steps to remove unnecessary educational and experience requirements that make it difficult for underrepresented groups to access the profession and to strengthen anti-bias, fair housing, and fair lending training of existing appraisers.”

Appraisal 397
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Overcoming 2023’s biggest appraisal challenges

Housing Wire

There are several ways we can do that from how we allocate orders, set fee schedules, and handle reconsiderations of values. It’s important to make sure that your appraisal department and vendors are trained and understand all the criteria around each option. Consolidation and lower volumes. B) Property intelligence.

Appraisal 397
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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

While agents and appraisers cannot discuss value we can talk about the property and why they may have priced it at what they did. One tool the agent uses to price the property is the Comparative Market Analysis or CMA, and by sharing this with the appraiser they can better understand what went into the agent’s pricing strategy.

Agents 95
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Opinion: Mortgage lenders need to shore up training about the 2025 homebuyer incentives

Housing Wire

By encouraging “pre-purchase” interviews, originators can help customers by exploring homebuyer assistance in any geographic location using tools such as Freddie Mac DPA One. Trained counselors can bring much-needed clarity to a complex process, even when customers are dealing with a highly competent realtor or loan officer.

Training 434
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The Importance of Correlation Matrices in Residential Real Estate Appraisals: Five Key Reasons for Use

Appraisal Buzz

While the basic approach involves the valuation of properties using comparable sales, the proper use of statistical tools, such as a correlation matrix, can significantly enhance the quality and objectivity of the appraisal process.

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Appraisal WaIvers Can Be Risky

Appraisal Today

So one main difference between traditional lender appraisals and relocation appraisals is the forecasting aspect: whereas lender appraisals determine a current market value, relocation appraisals try to project what the sales price WILL be. a.iii(B)(9)) (a) Second Appraisal by Original Mortgagee Property Acceptability Criteria (II.A.3.a)