BV Specialists

APRIL 10, 2023

Staying current on topics such as ethics, report writing requirements, industry/market developments, tax laws, and economic fluctuations is important so that appraisers can continually be aware of developments in these areas in order to provide ongoing credible valuation work.

Appraisal 80

Appraisal Finance Marketability Business Valuation 80

Appraisers Blog

MARCH 13, 2023

As real estate appraisers, we understand the importance of accuracy and fairness in our work. Related Posts: Appraiser Miller Wins Appraiser Miller wins important claim in racial discrimination lawsuit. Judge ruled Plaintiffs did not rely on Miller's appraisal.

Appraisal 77

Appraisal 77

Appraisers Blog

AUGUST 25, 2022

Appraiser Miller wins important claim in racial discrimination lawsuit. Judge ruled Plaintiffs did not rely on Miller’s appraisal. First Known Racial Bias Court Case Against Appraiser It may mean that this will turn out to be the bellwether test case for other similar lawsuits against appraisers.Folks,….

Appraisal 86

Appraisal 86

Appraisers Blog

JANUARY 6, 2023

The appraisers are the convenient scapegoats every time. The appraisers are the convenient scapegoats every time. During the 1980s it was the commercial side, yet residential appraisers received both barrels of double-odd buck. A Low Appraisal is Now a Bad Appraisal A low appraisal is now a bad appraisal.

Appraisal 69

Appraisal Banking Marketability 69

Chris Curtain

JULY 17, 2021

What is a business appraisal Reality check? The post Business Appraisal Reality Check: How It Works? appeared first on Business Appraisal Florida. Just as the name suggests it answers the question does the value of your business make sense in the real world?

Appraisal 130

Appraisal 130

BV Specialists

MAY 8, 2023

When you determine the need for an independent appraisal, the ability to work in tandem with the company you choose to engage with will benefit all parties involved. From a market and industry perspective, advise the appraiser of local competition and similar businesses that may be public or available enough to make reasonable comparisons.

Appraisal 75

Appraisal Marketability Business Valuation 75

Appraisers Blog

MARCH 11, 2022

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. TOOL MAY HELP APPRAISERS CONNECT DOTS TO UNRELENTING CHARACTER ATTACKS It’s reminiscent of a practice pioneered by Texas savings-and-loan kingpin Tom Gaubert in the 1980s.

Appraisal 93

Appraisal 93

Chris Curtain

JULY 8, 2022

The post Business Appraisal: How to Value Your Business and Why it is Important appeared first on Business Appraisal FL | GA. Regardless of which financing event your business is experiencing, you should know how to evaluate […].

Appraisal 130

Appraisal Finance 130

Chris Curtain

JULY 23, 2022

The post Why You Should Get an Appraisal of Your Family Business appeared first on Business Appraisal FL | GA. For others, it is a trial of leadership. For many, it is a chance to build a legacy for generations to follow. Regardless of […].

Appraisal 130

Appraisal Business Valuation 130

Appraisers Blog

APRIL 6, 2023

In response to the Federal Housing Finance Agency’s (FHFA) decision to allow Fannie Mae to expand its appraisal waiver program, the American Society of Appraisers (ASA) has released an op-ed by ASA’s Strategic Partnership Officer, John D. Fannie Mae’s decision to waive/eliminate property appraisal for lending… No Appraisals Required.

Appraisal 70

Appraisal Finance Technology 70

Appraisers Blog

JULY 1, 2022

The Doomed Quest to Reform a corrupt West Virginia Licensing Board “Board members earn money working for a law firm that files lawsuits against appraisers,” said one West Virginia appraiser… Readers of DC Comics will be familiar with Bizarro World, a cube-shaped planet that is home to a weirdly inverted version of reality. Fee Survey.

Appraisal 93

Appraisal 93

Appraisers Blog

OCTOBER 14, 2022

The results of the NAR appraisal survey show more than half of appraisers reported AMCs to be the greatest challenge in their business with 40% reporting not being compensated fairly. Highlights of the NAR Appraisal Survey The. Racial Bias in Real Estate: Is it the Appraisers’ Fault? It was March 28th,….

Appraisal 66

Appraisal Finance Marketability 66

Appraisers Blog

OCTOBER 31, 2022

Appraisers, this is a long article but it’s important, as it reveals how you are being discredited in the work you do. Related Posts: Census Tract Info Used Against Appraisers "Census tract boundaries do not necessarily define the subject's market." Appraisers, of all the issues I’ve written about or questioned….

Appraisal 63

Appraisal Marketability 63

Appraisers Blog

APRIL 26, 2023

. ‘We raise these concerns as an enthusiastic supporter of efforts to modernize the appraisal process through projects such as the Uniform Appraisal Dataset and Forms Redesign and the Appraiser Diversity Initiative.’ The term ‘appraisal management company’ has become a misnomer. ’ Why?

Appraisal 73

Appraisal 73

Appraisers Blog

APRIL 27, 2023

Are the multitudes of policy decision makers even aware that the ‘appraisal management industry’ in many situations currently fulfills more vendor assignments to persons whom do not hold appraisers licenses, than those that do hold appraisers licenses? Something about the supposed ‘resistance’?

Appraisal 73

Appraisal Equity 73

Appraisers Blog

APRIL 3, 2023

The deep pockets of the federal government will be used to help the nonprofits chill the protected First Amendment rights of appraisers to develop disinterested opinions of value of the properties they appraise. HUD awarded $54 million to 182 nonprofits to serve as posses in a a Spanish Inquisition-style drive. The times were dire.

Appraisal 63

Appraisal 63

Appraisers Blog

OCTOBER 20, 2022

Gone are the days of hiring a professional appraiser to solve the appraisal problem. For decades lenders have taken on the responsibility of shaping the appraisal process and dictating the solutions to the appraisal problem. An appraisal report can be on time, have all the boxes checked, no inconsistencies, meet all the.

Appraisal 58

Appraisal 58

Appraisers Blog

NOVEMBER 11, 2022

It is gratifying when appraisers are correct, and the AVMs burn; unless you invested in their stocks. As an appraiser since the 80s, I have yet to find a computer that can tell me if I want vanilla or chocolate ice cream. Related Posts: Non-Appraisers Valuation Never Appropriate Here is a NAR deck on AVMs (automated valuation models).

Appraisal 61

Appraisal Marketability 61

Appraisers Blog

MAY 24, 2023

Price relations in appraisal reporting is one of the more sophisticated and complex skills an appraiser picks up over time. This market overview approach helps the appraiser understand the high and low potential, aka floor price, ceiling price, middle of the market, etc. In reply to Joseph Stachow Jr.

Appraisal 72

Appraisal Marketability 72

Appraisers Blog

JULY 18, 2022

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. Appraisers, I have written the….

Appraisal 77

Appraisal Marketability 77

Appraisers Blog

OCTOBER 1, 2022

You feel like Fannie Mae is simply trying to get rid of appraisers. A lot of appraisers feel that way… “Even amidst tragedy there is sometimes farce,” wrote author Daniel Prokop. No to Desktops with Third Party Inspectors Hybrid Appraisals were tested and failed. Fannie apparently deems them now too risky for its portfolio.

Appraisal 75

Appraisal 75

Appraisers Blog

JANUARY 17, 2023

Fudge announced that HUD is creating a ROV process for people seeking FHA financing to request a review of their appraisal if they believe the results may have been skewed by racial bias. For example, a homeowner who is in the process of refinancing their home with an FHA-insured mortgage can take steps to ensure that their appraisal is fair.

Appraisal 64

Appraisal Finance 64

Appraisers Blog

JUNE 21, 2022

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. Related Posts: USPAP Absurdity From one of my appraiser colleagues in NYC on a McKissock class, taught by Dan Bradley, husband of Michelle Bradley….

Appraisal 70

Appraisal 70

Appraisers Blog

SEPTEMBER 13, 2022

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,…. One thing that has not been.

Appraisal 67

Appraisal 67

Appraisers Blog

MAY 28, 2023

Everyone that is not an appraiser seems to think they know what the value is, but as soon as you start asking for support, or where they got the notion their value… crickets. This is also the case in the request, or notification of value for VA when you first get an assignment, to get the loans to go through. Nothing but crickets.

Appraisal 73

Appraisal Start-ups 73

Appraisers Blog

FEBRUARY 23, 2022

On February 22, 2022, Maxine Waters sent a letter to HUD Secretary Marcia Fudge, TAF, ASC and AI regarding ongoing appraisal bias and discrimination. She is calling on the federal regulators and AI to investigate appraisers’ misconduct and potential illegal discrimination. Appraisers,…. We’ve all heard….

Appraisal 86

Appraisal 86

Appraisers Blog

JULY 22, 2022

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. Leave it to the states as it is….

Appraisal 87

Appraisal Equity 87

Appraisers Blog

APRIL 24, 2023

I just got this email from an AMC I used to do work with: Appraiser agrees to “xxxxxxxx’s” fee sheet and may not request deviations from such fees unless he or she is able to provide documentation of extenuating circumstances that justify such deviation.

Appraisal 53

Appraisal 53

Appraisers Blog

MAY 28, 2023

Also, why not sue The Appraisal Foundation that’s authorized by congress “as the Source of Appraisal Standards…” as they are the ones who state, “an appraiser must…analyze all sales agreements of sale…?” ” Ultimately, it’s always about the appraiser.

Appraisal 60

Appraisal 60

Appraisers Blog

MAY 11, 2023

This is Coersion legitimized in the name of the ‘Anti-discrimination Fund’ for the dissolution of the appraisal profession who refuse to over value property & to pad the pockets of NY state officials & Appraiser POLICE. Follow the money!! Corruption keeps rearing its ugly head.

Appraisal 70

Appraisal Marketability 70

Appraisers Blog

MAY 24, 2023

The previous model of comp searching with appraisers seemed to make more sense. What’s next, with hold the contract from the appraiser too? Every single regulatory move just makes the target on the appraisers back larger, offloading liability and operational concern risk from everyone else, onto the appraiser.

Appraisal 59

Appraisal Comps 59

Appraisers Blog

MAY 15, 2023

Appraisers are the only outsider, the constant protagonist whom receives the least compensation, the fall guy when things go south. There are very few traditional working rewards in this appraisal industry, not for most people. Appraisers do not get positive response recognition, we do not get lasting raises or increased compensation.

Appraisal 66

Appraisal Start-ups Marketability 66

Appraisers Blog

OCTOBER 26, 2022

Does a mortgage lender have liability to the borrower for a negligent appraisal? Leaving aside the appraiser’s potential liability, does a mortgage lender have liability to the borrower for a negligent appraisal? AMC Liability for Deficient Appraisals.may AMCs be liable for the deficient work of contractor appraisers?

Appraisal 63

Appraisal Finance Marketability 63

Appraisers Blog

MAY 13, 2023

And, hey, how about the liability the appraiser accepts when he uses data from a non certified third party without seeing it for him/herself? Regarding AVM’s, I have not run across one that can specify if the subject property sits adjacent to a sewer treatment plant!! Oh, and, hey, how about the interior condition of the houses?

Appraisal 78

Appraisal 78

Appraisers Blog

MAY 24, 2023

Spencer, imagine a better run system, like comp searching, or some better elevation and respect for the appraisers vital role and important worthy participation in mortgage lending. And now every appraiser is under a state of permanent probation, unending scrutiny, and unyielding pressure to posture as subservient to lenders.

Appraisal 58

Appraisal Comps Banking 58

Appraisers Blog

OCTOBER 11, 2022

Loan officers at Wells Fargo altered values in the bank’s database, so loans would qualify for so-called appraisal waivers… It feels like Ground Hog Day all over again. Remember when we heard an appraisal waiver will save the borrower money?…. The post Wells Fargo Workers Went on Appraisal-Fraud Bender appeared on Appraisers Blogs.

Appraisal 81

Appraisal Banking Finance 81

Appraisers Blog

DECEMBER 23, 2022

The nation’s 80,000 licensed real property appraisers should pay close attention to the manipulation of Washington by FTX, which turned out to have the characteristics of a Ponzi scheme. You Are a FEE Appraiser Not a FREE Appraiser you are a FEE appraiser, not a FREE appraiser. appeared on Appraisers Blogs.

Appraisal 71

Appraisal Treasury 71