Thursday , 1 October 2020

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25 Common Errors in Appraisal Reports

As a real estate appraiser, much of your success relies on your reputation as a competent professional. Unfortunately, certain appraisal violations are quite common—including errors in appraisal reports. Make sure you’re aware of these mistakes so that you can avoid them. Here’s a compilation of the most common errors and deficiencies found in appraisal reports by reviewers, regulators, and appraisal …

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Checklist: What to Include in a Narrative Appraisal Report

Report writing is an essential step in the appraisal process. Want a quick breakdown of everything that belongs in a narrative appraisal report? Here’s an outline of the items that should appear in your report. Although you may not find it necessary to include every single item, you can use this as a checklist of topics to at least consider …

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Fannie Extends Deadline on Flexibilities, Freddie Releases Quarterly Forecast, and More Appraisal News

Appraisers are notoriously busy, which is why we’ve scoured the internet for the latest appraisal-related news and information to help our followers stay up-to-date. Here are some of the highlights in appraisal news from the past two weeks. Fannie Mae Extends Deadline Date on Flexibilities On June 11, 2020, Fannie Mae announced that the temporary appraisal flexibilities that were outlined …

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Little Things You Can Do to Increase Your Efficiency

For appraisers, time is money. If you can find a way to complete more reports, you will increase your income. All appraisers have their own unique process and workflow, but the key to improving efficiency is breaking down your workflow and organizing it into different stages. Below you’ll find several tips to increase your efficiency, divided into five stages. Try …

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What’s New in Appraisal Membership: June 2020

McKissock’s Unlimited Learning Members enjoy total access to a wide array of online appraisal classes, webinars, videos, podcasts, checklists, whitepapers, and other resources. Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your real estate appraisal career. Do you already have an Unlimited Learning Membership? Here are three brand …

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FREE Webinar: Fannie Mae Q2 2020 Appraisal Update

On Wednesday, June 24, 2020, McKissock Learning is hosting a FREE one-hour, non-credit Pro-Series webinar titled “Fannie Mae Q2 2020 Appraisal Update.” In this special interactive webinar, knowledgeable presenters from Fannie Mae’s Collateral Policy Team will share the latest policy updates impacting appraisers, share insights about appraisal quality and how it is measured by Collateral Underwriter® (CU), and discuss its …

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The One Thing That’s Most Often Overlooked by Appraisers

We recently asked our appraisal community, “What’s the ONE thing that is most often overlooked by appraisers?” We received a wide variety of answers ranging from big-picture oversights to specific details. The most common answer we received was “Highest and Best Use.” However, many real estate appraisers had other opinions regarding the most commonly overlooked item in an appraisal. Read …

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