Wednesday , 21 October 2020

Features

Paradise Lost

The anniversary date for the Home Valuation Code of Conduct (effective date May 1, 2009), came and went with no notice. No fanfare. No parade. I don’t think I am alone in wondering if we aren’t already working towards HVCC, Part Deux. I, in fact, know I am not alone. The results of our recent Appraisal Buzz poll on Appraisal …

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Appraiser Independence Requirements Survey Results

Appraisal Independence Requirements

Last month, the Appraisal Buzz Newsletter conducted a short survey to its readers regarding Appraiser Independence Requirements (AIR). AIR was developed by Fannie Mae, the Federal Housing Finance Agency, Freddie Mac, and key industry participants to replace the Home Valuation Code of Conduct (HVCC). The purpose was to continue to provide important protections for mortgage investors, home buyers, and the …

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ASA and NAIFA Move Forward with Merger Consideration

Independent Fee Appraiser

The American Society of Appraisers (ASA), and the National Association of Independent Fee Appraisers (NAIFA), have announced that they will move forward with a Memorandum of Understanding leading to a merger. The merger will create one of the largest networks of U.S. professional real estate appraisers. The Buzz staff reached out to Jim Hirt, Chief Executive Officer of ASA, to …

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Is There a Fourth Approach to Real Estate Value?

Real Estate Value

(Editor’s Note: This article originally appeared on The Appraiser Coach’s Blog. For additional articles by Dustin Harris, visit his website.) I want to talk to you about the fourth approach to value, and specifically an occasion on which it truly saved my bacon. Now, I know a lot of you real estate appraisers out there probably started chuckling as soon as you …

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Release of the 2017 AMC Directory

2017 AMC Directory

Finding the right Appraisal Management Company (AMC) to work with can be a daunting task. Allterra Group, publisher of the Appraisal Buzz, has recently released their new 2017 AMC Directory. Before you begin working with a new AMC, be sure to ask some important questions such as how long they have been in business, and find out more about their …

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When You Get Notice of a State Complaint…

State Complaint

(Editor’s Note: This article originally appeared in the Spring 2017 issue of Appraisal Buzz Magazine) If you are an appraiser, it is likely that at some point in your career you will receive notice that a complaint was filed against you. In one particular busy year in Texas, roughly one in six residential appraisers were filed against with the Texas Appraiser Licensing …

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Appraiser Independence Key to Veterans’ Home Loans

Appraiser Independence

The Appraisal Institute strongly advocates helping our nation’s veterans achieve the American dream of homeownership, and on April 4 urged Congress to protect the independence of real estate appraisers in the federal program that provides housing loans to military veterans. The Appraisal Institute specifically addressed a central ordering feature of the U.S. Department of Veterans Affairs’ Appraiser Fee Panel during …

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