‘Appraiser’ Posts

 

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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Appraiser Fee Disclosure sample

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Here’s the sample Appraiser Fee Disclosure. (Click the image.)

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Q & A with Josh Walitt on Residential Appraisals Colorado

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Question #1: My bank said they ordered an appraisal for my loan, but no one ever came inside the house. Does this sound right to you?   For certain types of loans, such as home equity loans, banks follow specific federal guidelines (called Interagency Guidelines) which allow for the bank to use an exterior-only appraisal […]

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