Features

My Bifurcated Opinion

There has been no end to the blows and bruises to the appraisal profession, especially since the housing finance crisis of over a decade ago. The most recent kerfuffle over bifurcating the process has the appraisal community in turmoil. First, let’s define what bifurcation means, why it has entered the lexicon, and what the hopes and promises are for each …

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What’s New in Appraisal Buzz

Spring has arrived which means warmer weather and new beginnings! There are plenty of new things to come check out on appraisalbuzz.com! We are constantly looking for ways to engage and reach those in the appraisal industry, so come take a look at the newest features such as free webinars and relatable comics. Our newest edition is the Buzztoons section. …

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Help Shape Appraisal Policies in DC

The appraisal industry is constantly trying to stay abreast of trends by changing to be faster, better, and cheaper. This “Iron Triangle” will be discussed as ways to “reengineer the appraisal process,” but what do these policy makers deliberate when they are discussing specific problems? Whose input is being taken into consideration when coming to these better solutions? Come join …

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What You Can Learn from “The Other” Appraisers

Over the past couple of days, I have had two appraisers complain to me about “the other” appraiser. The appraiser who is sloppy, lazy, incompetent, and even crooked. One asked me if I could do reviews to find standards violations, and the other just wanted to vent. Both were ready to turn other appraisers over to the state regulators for …

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Appraising outside the box– Fix-And-Flips

The residential real estate appraisal process is usually about the same regardless of the client.  Of course, there are the expected differences from lender to lender and those differences are usually spelled out in the engagement letter.  Nevertheless, the process generally doesn’t vary a great deal. The popularity of some of the newer lending products are beginning to challenge that …

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Facing Fraud

This article was first published in the latest edition of the Appraisal Buzz Magazine. Subscribe now to never miss an edition. As appraisers it is common to hear stories about mortgage fraud. But you never expect to be involved (at least not intentionally). It is usually a friend of a friend or stories you hear in a continuing education class but not you. …

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Same Road, New Name?

It is easy for most of us to look at mortgage loan origination as the only time the real estate valuation is used.  Certainly it is most important since the lending decision is made based partly on the collateral valuation presented in the loan package.  But, after the loan transaction is closed the valuation lives on throughout the life of …

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Fighting Pressure

Two of the valuation industry’s top subject matter experts discuss the ongoing issues with Appraisal Independence. Frank Gregoire, appraiser and owner of Gregoire & Gregoire, Inc. and Joshua Walitt, Compliance Manager for Property Interlink have both been appraising for well over 25 years. They have been heavily involved in organizations for the betterment of the appraisal industry. On April 30, …

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