The Appraisal Scoop blog is a platform where I, and other guest authors, post on a wide variety of news stories and articles of interest to appraisers, lenders, real estate sales agents, loan processors, title companies and even consumers. Visitors are encoraged to join the "conversation". Just click the [Blog] tab at the top of any page.
This page is an RSS feed from the Appraisal Scoop blog and other real estate related news sources and blogs to keep you up to date on the latest news.
Bookmark this page to your favorites now! You'll be just a couple of clicks away from some of the best and most current real estate appraisal information on the Internet!
Guest Post by Fred Rossiter - State Certified Residential Appraiser - Seahaven Appraisal Services This is the second of a two-part series presenting a case for, and benefits of, centralized appraisal ordering Benefits of Centralized Ordering: Because the lender is...
Guest Post by Fred Rossiter - State Certified Residential Appraiser - Seahaven Appraisal Services This is the first of a two-part series presenting a case for, and benefits of, centralized appraisal ordering. For there ever to be true appraiser independence,...
You are invited to the second of two FREE regression webinars hosted by David Braun, MAI of AVT. It will be August 25th at 2:00 EST. Click here to register. To watch the video of Webinar 1: “Introduction to Regression...
Fannie Mae’s post-purchase reviews of mortgage loan files have identified issues with appraisals. As a result of those reviews, new policy requirements and clarifications concerning existing lender requirements are being added to a number of appraisal sections of the Selling...
GUEST AUTHOR: Micheal W. Armentrout, VP AM Appraisals, Inc. Mike has been involved in full time real estate valuation since early 1992 and has experience in numerous Central Ohio markets. It seems as though a recent trend with some clients...
Appraisers…… You can participate with the new appraiser independence regulations that are being crafted as a result of the Dodd-Frank financial reform bill. http://www.fdic.gov/news/news/press/2010/pr10187.html "To seek input from the widest audience possible, the public can submit views via email on...
Appraisers……. I spent time Wednesday 8/04/10 discussing the Dodd-Frank law, and the “Usual and Customary Fee” mandate within it, with an experienced appraiser on the east coast. Also Wednesday, two e-mails arrived which ask appraisers to fill out a ‘fee...
An optimistic pessimist, or a pessimistic optimist? I’m not sure which I really am, although I tend to lean in the optimistic direction whenever possible. This relates to the brand new, hot off the presses after a year+ of vigorous...
From James' Real Estate Business Blog: "A new app I just downloaded for my iPad is called Metes and Bounds. I decided to test it the minute it opened with a current deal and entered 25 calls from the legal...
The following was re-blogged with the permission of Valuation Review Editor, David Napuk. Thanks Dave! Since there has been a great deal of buzz in the industry surrounding the decision in the Wells Fargo/Rels Valuation v. appraisers lawsuit, Valuation Review...
THIS IS THE LAST POST ON SOAPBOX - please visit MATRIX for future appraiser-related content!
Back in 2005, I entered the blogging fray out of frustration with the way appraisers were treated in the lending process. Thus, Soapbox was born. It was a labor of love for me and for the numerous contributors [...]...Read More
Friday morning I was invited to be a guest to talk about appraisers and how they are impacting the flow of housing sales. I was initially concerned that this would be an appraiser slam piece, blaming our industry for killing sales, causing global warming and low salaries of central bankers but it wasn’t and [...]...Read More
The Massey Knakal Income Property Report that I prepare on behalf of the brokerage firm was just released for the second half of 2008. The report is the only one of its kind that tracks cap rates, income multipliers, price per square foot and number of sales for the New York City multi-family market. As this report included only those sales (above ...Read More
Buried in all USPAP appraisal reports is a comment on the property’s exposure period and marketing period. Simply put, the exposure period is intended to reflect the time that the property hypothetically would have been exposed on the open market prior to the effective date of value. Alternatively, the marketing period is an estimate of the time ...Read More
Much of the talk these days deals with the residential real estate market and the need for it to “find its bottom” before any kind of stability can take root in the broader economy. We all know, of course, that there is not “one” residential market and what’s happened most acutely thus far, in places like Florida, California and Arizona, over the l...Read More
My firm is quite busy with “updates” these days. More and more lenders are being asked to extend or renew loans for projects, or their loans are ending up in “special assets” (or whatever term the bank uses for their loan workouts.) So we find ourselves more and more being asked to “just go back and update what we did a year or two ago”......Read More
I received a phone call from a home owner yesterday complaining about the last appraisal that was done on his home. He didn't think the Appraiser should have utilized all bank owned comparables and that the comparables were inferior in condition compared to his home. After complaining for several minutes, the home owner finally said that he would g...Read More
3/9/2009 1:02 PM
Sorry for the sluggish pace of posting new content. Was in the middle of a market report release frenzy as well as a site redesign which has halfway done. Was holding off posting new content but it can’t wait....Read More
I was reading TechCrunch, an essential resource on technology. The post was about a service called “Wordle” which is described as
a toy for generating “word clouds” from text that you provide. The clouds give greater prominence to words that appear more frequently in the source text.
It takes feeds from a blog to [...]...Read More
Would you like to write a column for Soapbox? Since Soapbox is a service by and for appraisers, we are always looking for input from the appraisal community. One of the ways has been to create a column for individuals who wish to provide commentary on the profession but don’t want to run a [...]...Read More
There was a problem returning the RSS feed. There was a problem returning the RSS feed.
On occasion, we like to keep you aware of Federal Housing Administration (FHA) appraisal trainings happening across the country.
On September 16, 2010, in Los Angeles, CA, FHA is offering “Completing Today’s FHA Appraisal”. FHA will conduct a 1-day live training class where they will discuss how to complete an FHA appraisal & ...Read More
The Appraisal Foundation (TAF) recently released the 2010 USPAP Update for State Regulators is available for online viewing free of charge. The one-hour presentation was produced as a part of the Association of Appraiser Regulatory Officials (AARO) conference in San Diego, CA this past Spring.
Watch the video here....Read More
As you surely know by know, the President recently signed into law the Frank-Dodd Wall Street Reform and Consumer Protection Act (HR 4173). Title XIV of the legislation, the Mortgage Reform and Anti-Predatory Lending Act, has significant appraisal reforms addressing appraisal independence, oversight of appraisal management companies, and chan...Read More
From time to time, the Federal Housing Administration (FHA) offers appraisal training in various cities across the country. FHA recently announced two such trainings next month in Denver, CO and Birmingham, AL. The courses are free so if you’re in the area or can get there the registration information is below. You can keep ...Read More
Pacific Engineering Management Company (PEMCO, Ltd) was awarded 5 Housing and Urban Development Asset Manager Contracts representing 26 states across the United States.
PEMCO is trying to get the word out that they are accepting Appraiser applications in all of these areas. You can get information on an appraiser for PEMCO at www.hudpemco.com...Read More
Fannie Mae’s Selling Guide Updates and Additional Guidance on Appraisal-Related Policies, Announcement SEL-2010-09, addresses many concerns raised by the National Association of Realtors (NAR) regarding the Home Valuation Code of Conduct (HVCC) and the appraisal policies of the government sponsored enterprises (GSE), Fannie Mae and Freddie Mac....Read More
In May, we told you about our personal experience getting our home appraised. Well, the appraiser arrived as scheduled and completed his job in accordance with all the standards and ethics required by an appraiser (as far as we can tell). We lauded his commitment to the job and time spent asking questions before even [......Read More
Word has been spreading around the campfire for some time about a dispute between the Appraisal Institute (AI) and the Appraisal Foundation. The dispute came to a head on June 15, 2010, when the Appraisal Foundation held a special meeting of its Executive Committee in Chicago, IL, to consider conduct by AI detrimental to the [......Read More
In an announcement yesterday, Chairman Frank released the House Offer on the financial reform overhaul bill. Language in the offer includes consumer protection, risk retention, mortgage reform and anti-predatory lending.
The proposed amendment for Title XIV includes the provision to sunset the Home Valuation Code of Conduct (HVCC). Below are ...Read More
NAR’s Center for Realtor Technology (CRT) recently released an Appraisal Dashboard. CRT takes ideas that come from the field and tries to make useful technology applications from those ideas. The CRT blog indicates that this tool came from an idea that an appraiser had and took to the Minneapolis MLS; their main tech person then [...Read More
