Tag Archives: appraisers

Fannie Mae and a New, Fifth Test for Highest and Best Use

Fannie Mae seems to have a problem with excess land. Perhaps more accurately, Fannie Mae seems to have a problem with appraisals that involve excess land, and the appraiser’s characterization of Highest and Best Use. Before we proceed with this discussion, let’s make sure everybody is on the same page by defining two terms: “surplus” land versus “excess” land. Surplus …

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Appraising the Future: What Happens Post COVID-19

The road ahead in the appraisal industry has been shaken up by the recent COVID-19 pandemic. GSE’s are adjusting policies, appraisers have begun completing more desktop and drive-by inspections – change is happening all around us. HomeVision is a startup in the appraisal industry working to build next-generation tools and technology for appraisers. We sat down with Vincent Chu, Co-founder …

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Freddie Mac Guidelines Due to Covid-19

The Covid-19 Pandemic has impacted each of us in its own way. Plenty of change is happening in the appraisal industry during this time, and more recently, with Freddie Mac. With new policies and ongoing policy adjustments, there can be confusion among those who are most impacted: the appraiser. We sat down with Scott Reuter, Chief Appraiser and Director of …

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Grow Your Appraisal Business

We sat down with Marty Haldane, Founder & CEO of Anow, to further discuss the upcoming webinar he will be hosting on April 9th, “The Power of Anow: Tips & Tricks for Growing your Appraisal Business.”  As an appraiser, growing your business could be a goal you want to reach in 2020. Is an additional 10 people what you need …

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Getting Familiar with Drive-By and Desktop Appraisals

With the new FHFA changes through Fannie Mae and Freddie Mac, Desktop and Drive-by appraisals will be helpful to appraisers during the Covid-19 pandemic. While we know appraisers are familiar with Drive-bys and Desktop appraisals, we thought it would be a great time to offer everyone an interactive webinar update on the best practices for each. Our first webinar is …

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Appraiser Life in the Age of the Coronavirus

Over the past few weeks and months, there has been a great deal of information, commentary, and opinion about COVID-19, or what is more commonly referred to as the Coronavirus. I have read and heard so much, that it feels difficult to separate the facts from the fiction and the commentary from reality. We have heard reports from around the …

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FHFA Updated Policies on Covid-19

The pandemic that we face today will impact every aspect of our lives for the foreseeable future. The Federal Housing Finance Agency (FHFA) has directed new Fannie Mae and Freddie Mac Policies for appraisers to follow regarding Covid-19 (coronavirus). In light of the economic and social impact, these policies have been put in place temporarily to ease the strain of …

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Protecting Your Appraisal Reports From Covid-19

Appraisers are finding themselves in a fascinating time. The stock market has suffered a tremendous setback and daily life is beginning to resemble something out of a dystopian novel.  All of this is happening while appraisers are being flooded with orders. At the moment, it may seem that your biggest concern is keeping your head above water at work, all …

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