Appraiser Miller Wins

Appraisers Blog

Appraiser Miller wins important claim in racial discrimination lawsuit. Judge ruled Plaintiffs did not rely on Miller’s appraisal. The post Appraiser Miller Wins appeared on Appraisers Blogs. The other claims continue but this was an important claim.

Grants to Help Train Appraisers

Appraisers Blog

To establish grants directly to supervisor appraisers to help cover the training costs for each Trainee… Folks, this article appeared in American Banker on September 7, 2022. It also exposes problems with getting new people into the appraisal profession. Appraisers,….

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Slow VA Appraisal Turnaround Times Is Overblown

Appraisers Blog

The bill will encourage important reforms to the agency’s requirements regarding when an appraisal is necessary, how appraisals are conducted, and who. The post Slow VA Appraisal Turnaround Times Is Overblown appeared on Appraisers Blogs.

West Virginia Appraisal Board Scheme

Appraisers Blog

Related Posts: Disciplinary Cases Against Hybrid Appraisers Rumor has it there are several Virginia Real Estate State Appraisal Board disciplinary cases against appraisers revolving around hybrid appraisals.….

Appraisers Should Bristle

Appraisers Blog

The nation’s long-suffering appraisers will recognize the pattern in a porcine publisher they are forced to frequently slop as frenzied Beltway porkers go whole-hog on the swill. The post Appraisers Should Bristle appeared on Appraisers Blogs.

FHA Extends Appraisal Validity Period

Appraisers Blog

On July 12, 2022, the FHA announced that it is extending the initial appraisal validity period from 120 days to 180 days and the appraisal update validity period from 240 days to one year. FHA Implements Revised Appraisal Validity Period Guidance Today, the Federal.

Anti-Appraiser Agenda

Appraisers Blog

Money may have been used to buy influence and promote the current anti-appraiser narrative being embraced by key public servants in the executive and legislative branches. Appraisers,…. The post Anti-Appraiser Agenda appeared on Appraisers Blogs.

Federal Valuation Agency Impact on Appraisers & the Public

Appraisers Blog

To establish an independent agency to be known as the Federal Valuation Agency that would oversee the appraisal industry in the name of “equity.” Related Posts: Federal Agency in Charge of Appraisers Having a federal agency in charge of appraisers will be a NIGHTMARE.

Violating Appraisal Independence Through Harassment, Intimidation & Coercion

Appraisers Blog

It shall be unlawful… to engage in any act or practice that violates appraisal independence… Appraisers, I have written the info below, which you may use if you desire to send to your clients and local real estate offices. Low Appraised Value = Racial Bias?

How to Destroy the Appraisal Profession

Appraisers Blog

This is especially true in the Real Estate Appraisal profession and the newly introduced H.R. Bill entitled: Fair Appraisal and Inequity Reform Act of 2022. Are You a Hybrid Appraiser? We won’t take appraiser trainees, but we’ll take real estate trainees.

NAR and Representation of Appraisers

Appraisers Blog

As Real Estate Appraisers, we are encountering an assault on our profession from the GSE’s with the hybrid appraisal reports, the rollout of the new desktop product and with appraisal waivers. As appraisers, we need. Related Posts: Are You a Hybrid Appraiser?

Appraisers Getting Death Threats

Appraisers Blog

Several appraisers have informed us that they have received death threats simply because they have been outspoken online refuting the racial bias narrative and the allegations of racial discrimination in the appraisal profession that is being utilized to remove appraisers from the lending equation.

Property Data Reports for Appraisal Waivers

Appraisers Blog

These Property Data Reports have a higher level or different reporting requirements than ordinary traditional appraisals. Related Posts: No to Desktops with Third Party Inspectors Hybrid Appraisals were tested and failed.

Appraisers Should Voluntarily Follow ANSI for Desktops

Appraisers Blog

Can someone explain how we should voluntarily follow ANSI standard on desktop appraisals? Appraisers, Fannie Mae has released a new FAQ document to help you understand how to implement and adhere to their ANSI measuring and reporting requirement. Appraisers, an appraiser….

“Flavors” of Appraisal Reports

Appraisers Blog

Appraisers, recent watercooler discussions by appraisers focus on the new ‘desktop’ appraisals many will be requested to do. Appraisers, I’ve…. The post “Flavors” of Appraisal Reports appeared on Appraisers Blogs.

Desktop Appraisals: Has The Devil Infiltrated The Public Trust?

Appraisers Blog

Are desktop appraisals with third-party inspectors protecting the public, or are these products about to destroy the very profession I love so much. The Uniform Standards of Appraisal Practice (USPAP) are the key to maintaining public trust in real estate transactions. Appraisers,….

Justice for Texas Appraiser? You Bet. Price Tag: $99,000

Appraisers Blog

The Texas Appraiser Licensing and Certification Board is a hot mess, but one with a malicious and callous streak. Based on this doctrine, the feculent fingers of the Texas Appraiser Licensing. The American Guild of Appraiser recently wrote to….

Appraisal Foundation, Like Khloe Kardashian, Rattled Tin Cup for PPP Alms

Appraisers Blog

What could this fashionista and socialite have in common with the Appraisal Foundation, an obscure publisher with a government franchise and guaranteed annual grants from a tiny captured federal agency? Appraisers Should Bristle Stealthy vice again masquerades as public virtue.

Federal Agency in Charge of Appraisers

Appraisers Blog

Having a federal agency in charge of appraisers will be a NIGHTMARE. ALL appraisers should be SWAMPING their state representatives with calls & emails in OPPOSITION to newly introduced H.R. Bill entitled: Fair Appraisal and Inequity Reform Act of 2022. Biased Appraisers?

Appraisers Liable for Third Parties Data

Appraisers Blog

Ultimately the appraiser is responsible and liable for data collected by third parties. There has been a lot of discussion and debate among appraisers around liability issues for data collected by third parties for hybrid and desktop appraisals.

Appraiser Bias Allegations Unmask Debt Traps

Appraisers Blog

Claims of tainted appraisal unmask something else… the renewed “churning” of mortgages by nonbank lenders. Similar claims of tainted appraisals have surfaced in Philadelphia, Chicago and, more recently, Maryland. Low Appraised Value = Racial Bias?

Biased Appraisers? I Don’t Think So

Appraisers Blog

Story after story was told about how appraisers had produced a “biased” report. Related Posts: How to Destroy the Appraisal Profession Anytime the government gets involved in an issue, it tends to have more adverse effects than positive ones. The post Biased Appraisers?

PAVE May Pave Over Appraisers

Appraisers Blog

The blame game against appraisers is continuing the fast and furious start, evidenced by the PAVE report. A synopsis is in the link: PAVE task force delivers plan on appraisal bias – Lexology Key info from the PAVE report.

Imagine Running the Lawn Mower Industry Like the Appraisal Industry

Appraisers Blog

The appraisal industry should be as straight forward as lawn mowing, but due to the special interests pressures within the value industry, it has become convoluted and dysfunctional. Can you imagine if they ran the lawn mower industry like they try to run the appraisal industry?

Appraisers Should Closely Watch Probe of Departed Brookings Boss

Appraisers Blog

If the allegations are true, it means the think tank, under the general’s watch, was secretly taking illicit cash from at least one outside interest group at a time it was engaged in research that irreparably damaged the reputation of the nation’s real estate appraisers.

CFPB Investigations in Alleged Appraisal Discrimination

Appraisers Blog

The Consumer Financial Protection Bureau (CFPB) has started investigating alleged appraisal discrimination. Will this be detrimental to appraisal management companies that operate under the fast and cheap mentality?

Floor Plans Could Be an Issue in Appraising

Appraisers Blog

…concerns that appraisers could be sued for making floor plans of a home… I’m an AI “member” (because I pay membership dues) even though I’m not supposed to say it that way. Technically, I am an Appraisal Institute Practicing Affiliate. Appraisers, an appraiser….

Appraisers Take Heed

Appraisers Blog

Related Posts: PAVE May Pave Over Appraisers The blame game against appraisers is continuing the fast and furious start, evidenced by the PAVE report. The post Appraisers Take Heed appeared on Appraisers Blogs. Her plight is an attack on occupational licensees everywhere.

Census Tract Info Used Against Appraisers

Appraisers Blog

Related Posts: Analysis of the "Appraisal Gap" White Paper My critical analysis of Freddie Mac's "appraisal gap" white paper Appraisers, this is not an easy essay to write. The post Census Tract Info Used Against Appraisers appeared on Appraisers Blogs.

First Known Racial Bias Court Case Against Appraiser

Appraisers Blog

It may mean that this will turn out to be the bellwether test case for other similar lawsuits against appraisers… Folks, a San Francisco, CA US District Court Judge has ruled that the bias suit against an appraiser can proceed. Low Appraised Value = Racial Bias?

What Is My Incentive?

Appraisers Blog

As an appraiser, I have to ask (seriously) why should I care if the profession has a shortage of skilled appraisers? Even if waivers (another ruse to eliminate appraisal work) increase, I’ll be busier with fewer appraisers. Appraisers,….

Business Appraisal Reality Check: How It Works?

Chris Curtain

What is a business appraisal Reality check? The post Business Appraisal Reality Check: How It Works? appeared first on Business Appraisal Florida. Appraisal Transactions Valuation

Critique of Freddie Mac’s Misleading Appraisal Gap Report

Appraisers Blog

This is an analysis of Freddie Mac’s misleading and basically defamatory paper on Appraisal Gap. When government related entities release misleading information like this they are attacking and defaming real estate appraisers. It has nothing to do with appraisals.

Business Appraisal: How to Value Your Business and Why it is Important

Chris Curtain

The post Business Appraisal: How to Value Your Business and Why it is Important appeared first on Business Appraisal FL | GA. Appraisal ValuationWhat is the Value of Your Company? How do you calculate business value?

Desktops Are Being Done WRONG!

Appraisers Blog

Appraisers, back in April, I was notified by someone “close to the action” of appraisal report submittals to the GSE’s, that many Desktops are being submitted back to lenders TOTALLY WRONG by the assigned appraisers! Appraisers, on Tuesday 5/24/22,….

Corelogic Take on Appraisal Overvaluation

Appraisers Blog

The results of this 2021 white paper: Appraisal overvaluation: Evidence of price adjustment bias in sales Comparisons co-authored by Frank Nothaft are pretty interesting. Nonetheless, our study of appraisals completed in 2015 and 2016 find that appraisal bias still occurred.

Why You Should Get an Appraisal of Your Family Business

Chris Curtain

The post Why You Should Get an Appraisal of Your Family Business appeared first on Business Appraisal FL | GA. Family Business Valuation Experts Why a Business Valuation is Critical for a Family Business Operating a family business can be extremely rewarding.

Restoration Value Magicians!

Appraisers Blog

And just like that, real estate appraisers from across the country have now added a new line item to their résumés, websites and marketing material: RESTORATION VALUE MAGICIAN. appeared on Appraisers Blogs.

TAF Conflates Real Estate Appraisers with Appraisers

Appraisers Blog

Why do I take the time to mention “real estate appraisers” and “real estate appraisals?” instead of just “appraisers” and “appraisals”? But… the Appraisal Standards Board and Appraiser Qualifications Board are chock a block full of non-real estate appraisers.

Proposed Rule to Eliminate C&R Fee Tabled

Appraisers Blog

Yesterday morning, I attended the Georgia state appraisal board hearing on the proposed rule to eliminate the C&R fee law they have in place. The Georgia appraisal board apparently is being investigated by the FTC for their law.

No End Date for Future Editions of USPAP

Appraisers Blog

USPAP Absurdity From one of my appraiser colleagues in NYC on a McKissock class, taught by Dan Bradley, husband of Michelle Bradley…. The post No End Date for Future Editions of USPAP appeared on Appraisers Blogs.

SBA Backed Business Loans - Know Their Appraisal Requirements

BV Specialists

While working with your primary financial institution, who should act as the intermediary for your SBA loan application, make sure you understand all of the approval requirements, including the need to obtain appraisals.

No to Desktops with Third Party Inspectors

Appraisers Blog

Hybrid Appraisals were tested and failed. Fannie Mae has announced they will soon start accepting Desktop Appraisals. The appraiser does not inspect the property; however an interior floor plan including walls is required. How will an Appraiser who does not inspect the property.