‘Appraisal’ Posts

 

Difference between an Appraised Value, Market Value, and Assessed Value of a house

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When I talk with people about what my home is worth, people use a lot of different terms. What is the difference between an appraised value, listing price, market value, and assessed value of a house? And why is the assessor’s value of my house so different than actual sale prices I’ve seen in my […]

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Follow-up to Valuation Expo 2014 Presentation

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A big “Thanks” to Joan Trice and the Allterra Group for holding another great Valuation Expo. This year was the 15-year anniversary and the Expo did not disappoint!   I had the opportunity to speak at the recent Valuation Expo held in Las Vegas. My talk was called “Everyday Compliance Items and Your Appraisal Business” […]

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Appraisal Issues: Handling Unacceptable Instructions from Your Client

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This article was originally printed in the April 2014 edition of Appraisal Today, “Handling “instructions” to not make time (market conditions) adjustments without losing your client”   by Joshua Walitt     A few months ago, I posted to my blog several sample “instructions” I received from lenders, one of them telling me to remove a […]

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Reasons Real Estate Agents Order Appraisals

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I talk with real estate agents almost every day. Sometimes I’m asking them questions about a property that sold which I’m considering using as a comp or I’m teaching a class on appraisals to lenders and realtors. Other times they’re calling me asking about various appraisal procedures or if I can do an appraisal for […]

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AMC Appraisal Fees and Disclosure- Joshua Walitt

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The proposed AMC Rules from the Agencies are out in draft form.  Coalitions, industry organizations, and groups of appraisers are examining these and other Rules.  There is discussion amongst appraiser groups and other industry participants like never before.  It’s a great time to make your voice heard and to hear what others have to say! […]

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