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Appraiser's Section
This section is designed to be a resource "portal" for appraisers, individuals, and clients who want to learn more about working with an appraiser. In this section, visitors will find appraisal information and links to newsletters, videos, forums, our "Virtual Appraiser's Library" and Appraiser Directories to assist those looking for a professional appraiser in their area. Are you interested in becoming an appraiser? Click here.
Should You Skimp On An Appraisal? You could be throwing caution to the wind. In a changing appraisal marketplace, financial institutions may be tempted to skimp on appraisal services. Loosened regulations may tempt them to throw caution to the wind, which could have dangerous consequences for YOU.
Today, many lenders are using Automated Valuation Model (AVM) tools to replace the traditional appraisal. It's important for borrowers and loan officers to know that an AVM analysis, by itself, is not an appraisal. The results of an AVM are intended only to help lenders assess their risk associated with the loan.
"More than ever, it's essential to for buyers and sellers to ASK for an appraisal, especially if your closing fees include the charge for one. Make sure you're getting what you pay for!"
To protect yourself and all parties, it is vital to choose an appraiser who can demonstrate solid evidence of superior ability and experience. Residential appraisers who hold the RAA designation are among the most qualified appraisers in the industry. Protect yourself with a reliable, carefully documented appraisal by Brian J. Davis, RAA, a designated member of the NAR, Appraisal Section.
Below are links to many Appraisal Related sections of this site as well as Internet links to most of the major appraisal organizations. These sites provide a wealth of information. If you can't find what you're looking for in these resources, please let ME know!
Appraisal Organizations:
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