Thursday, 6 May 2021 | The Latest Buzz for the Appraisal Industry

Coronavirus and Appraising: A Resource Guide to the Crisis

Real estate appraiser looking up resources for coronavirus and appraising

The COVID-19 pandemic represents an unprecedented challenge to the real estate appraisal profession. Consequently, it is imperative that real estate appraisers have access to timely and relevant appraisal information for navigating this crisis. Therefore, McKissock Learning is offering a free PDF download: Appraisal Form Reference Guide–COVID 19. We’ve also put together the following resource guide to help you locate the latest information available that impacts appraising.

FREE WEBINAR: Join us Wednesday, April 29 (11:00–12:00 EST) for a free Pro-Series Webinar: Appraising in a Pandemic. Register here.

Fannie Mae and Freddie Mac

  • Appraisers Page: Fannie Mae’s appraisal updates, requirements, and guidance
  • Lender Letter (LL-2020-04): Impact of COVID-19 on Appraisals, including temporary flexibilities (last updated April 14, 2020)
  • Bulletin 2020-5 Freddie Mac’s Selling Guidance related to COVID-19, including temporary            appraisal flexibilities (last updated April 14, 2020)
  • COVID-19 Frequently Asked Questions: Fannie Mae and Freddie Mac’s FAQs that provide additional information on the temporary appraisal policies.
  • Modified Set of Instructions, Scope of Work, Statement of Assumptions, Limiting Conditions, and Certification for:
  • Video: Fannie Appraisal Report Instructions for COVID-19 Flexibilities (To watch, click here.)
  • Video: Top 6 Tips for Appraisers on Using COVID-19 Flexibilities (To watch, click here.)

FHA

VA

USDA

  • USDA COVID-19 Bulletin: Temporary exceptions to interior inspection appraisals in relation to COVID-19 Pandemic

McKissock Learning

  • McKissock Appraisal Form Reference Guide–COVID 19: Download a PDF of useful tables summarizing Fannie Mae, Freddie Mac, FHA, and VA’s acceptable appraisal forms for property and inspection type. To download this free guide, click here.
  • Webinar: Appraising in a Pandemic: A free webinar hosted by McKissock Learning, in which a panel of experts will discuss the challenges appraisers are facing, the creative technology solutions available, and recommended actions that appraisers can implement to address COVID-19’s impact on appraising residential properties. The webinar will take place on Wednesday, April 29, 2020, from 11:00am–12:00pm EST. Sign up here.

The Appraisal Foundation

National Association of Realtors

Federal Banking Agencies

CARES Act

Other Coronavirus Resources

For more info about coronavirus and appraising, visit the Appraisal News section of our blog. And don’t forget to register for our FREE webinar on Wednesday, April 29th: Appraising in a Pandemic.

McKissock Appraisal Pro-Series Webinars

The post Coronavirus and Appraising: A Resource Guide to the Crisis appeared first on McKissock Learning.

Responses

Welcome

Need Help?

Our knowledge base will help you and find the answers you're looking for.