Features

Revolutionizing the Industry

Luke Tomaszewski started in the appraisal industry 15 years ago and like many, saw what was needed to help make the appraisal process easier. Luke recently launched a new app called ProxyPics, which allows anyone to request real-time photos from everyday people. The platform is an online marketplace for people to submit a request for the location of the photo …

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How Social Media Can Help Grow Your Business

Social Media is one of the most cost-efficient digital marketing methods available to appraisers. It not only increases your business’ awareness but also increases its recognition. A majority of today’s consumers first reference a company’s online presence which includes their website and social media. Social media allows you to increase your sales with little to no cost. In today’s society, …

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Everything You Need to Know About the Risks of Mortgage Fraud

Here’s Everything You Need to Know About the Risks of Mortgage Fraud Mortgage fraud occurs when a potential homebuyer, seller, or lender lies or omits key information that leads to a mortgage loan approval or terms that the applicant wouldn’t normally qualify to receive. More formally, the FBI defines mortgage fraud as any “misstatement, misrepresentation, or omission in relation to a mortgage …

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How Lenders and Appraisers Can Work Better Together Through Increased Transparency

“Secrecy was the problem, transparency the obvious cure.”  – Robert J. Sawyer The relationship between lenders and appraisers has never been quite right. The association was scared by improprieties of the few that led to a fallout of the many, with each party retreating behind walls of mistrust and perceived regulatory requirement. Recently, communication is civil but has been described …

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In the Trenches, Crazy Appraiser Stories

This article was first published in the Appraisal Buzz Magazine. Are you receiving your print edition of the Appraisal Buzz Magazine? Never miss out on an issue. Subscribe here. You’ve all got them… The crazy car chases, the surprising living conditions, the exotic assignments and the unique collectors. Here are a few of our stories we found buzz worthy. This was …

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Can Appraisers Take Back The Appraisal Industry?

It is a question asked amongst many, can Appraisers take back the appraisal industry? As pressure emerges throughout the appraisal process, one finds themselves asking – who is actually making the final decision? Appraisal Buzz is excited to announce the relaunch of our Webinars. Presented on a brand-new interface, you will now be able to watch these sessions live and …

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In a New York Minute

The appraisal profession experienced some dramatic exogenous events during the mortgage crisis that exposed cracks in the foundation of its entire “raison d’etre”. The Home Valuation Code of Conduct (HVCC) was many things to different stakeholders. To some, it offered relief from untenable pressure from loan production to inflate values. To the government-sponsored enterprises, it was tremendously humiliating and, as …

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FHFA Rebuttal

I appreciate Appraisal Buzz giving me the opportunity to weigh in on the recent FHFA working paper regarding the ‘findings’ on AMC managed and non-AMC managed appraisal assignments. The authors go to some care to describe this exercise as a working paper to promote thought and debate – and then title it Stylized Facts from AMC and non-AMC Appraisals. I wasn’t …

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