Tag Archives: newsletter

Virtual Spring Valuation 20/20 Recap

Virtual Valuation 20/20 was a remarkable experience. Hosted virtually on June 16th and 17th, we had appraisal professionals networking and building their businesses from the comfort of their own home! Attendees were still able to meet with leaders in the industry and listen to experts in the field through the screens of their computers. Valuation 20/20 started on Tuesday June …

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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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The Modernization of Appraisals: Becoming Trusted Advisors

Bifurcation continues to be a contentious topic in our industry. Often, appraisers worry about the quality of inspections when using a third-party, but I often remind them that we already rely on the inspections of others. We rely on information from appraisers we do not know more often than we think; we receive information from desk or field reviews as …

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Appraisal Etiquette – Dotting I’s & Crossing T’s

For an appraiser, the report is the product. It is the culmination of your experience, expertise, and skills, coalescing in a multi-page work of art and science. The appraisal report, and all that goes into developing it, after all, is what your client pays for. Moreover, untold numbers of people who have the ability to affect your career and practice …

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Appraisal Creep – An Interview with John Wake

Appraisal values should not be influenced by the price of the listing, but could a bias exist that proves otherwise? “Does the typical appraisal protect you from overpaying for a house?” asks John Wake in his article, The Hidden Reason Why House Prices Are Too High (And Income Growth Is Too Low) — Appraisal Creep. We sat down for an …

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Business Resolutions for the New Year

Everyone knows the classic New Year’s Resolutions – exercising, healthier eating habits, and saving more money. What about the New Year’s resolutions for your business? This is the perfect time for business owners and those who are self-employed to pause and reflect on this past year. What worked for the company? What should be changed? What is the overarching goal …

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The Ghosts of Mortgages Past

I am haunted by the mortgage crisis. It is estimated that 10 million people lost their homes during this period. I wouldn’t fret so much if I didn’t hear tone deaf folks at high levels within the mortgage system proclaim with gusto that “this time is different.” I willfully accept that no, we don’t have exploding ARM products. You don’t …

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What You Need to Know for Divorce Appraisals

Divorces are not easy for anyone involved within the process. Conflict seems to be present at every step of the way. Completing a divorce appraisal is a different experience than completing a normal appraisal – so what should you know before getting started? We sat down with Craig Capilla, trial lawyer with the Franklin Law Group, to further discuss what …

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