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FHA in final weeks of EAD portal preparations
Posted Date: Monday, May 16, 2016
The Federal Housing Administration’s Electronic Appraisal Delivery portal soon will become mandatory for use by all mortgagees. Are you prepared for the changes? How has implementation gone since on-boarding began last fall? Valuation Review reached out to a pair of experts for all the answers. Read on for the details.
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USPAP risk should be factored into appraiser’s fee
Posted Date: Wednesday, May 11, 2016
George Harrison, president and founder of The Columbia Institute (a non-profit education provider), serves the appraisal world in a variety of roles. Valuation Review contacted Harrison for his insight on several topics from USPAP, standards and reports to regulations appraisers may struggle with. Read on to hear what he had to say.
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LRES, InsideValuation discuss acquisition benefits
Posted Date: Monday, May 16, 2016
An appraisal management and evaluation company have combined forces to serve their clients, and the general public better. Valuation Review spoke with LRES CEO Roger Beane and InsideValuation Chief Technology Officer Clyde Prestowitz about the benefits and future that comes from this acquisition. Read on to hear what they had to say.
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Training session to focus on FHA appraisal requirements
Posted Date: Wednesday, May 11, 2016
The Department of Housing and Urban Development will host training sessions and events for appraisers in the Denver/Utah area. Read on to learn more about this session and how to register for the event.
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‘Appraisals are not home inspections,’ NAR says
Posted Date: Monday, May 2, 2016
FHA’s latest changes to its single-family mortgage insurance handbook expects appraisers to test and report on how well the appliances are working inside the home when they’re preparing an appraisal for a house that would be financed with an FHA-insured mortgage. This has prompted a response from the National Association of Realtors.
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South Carolina appraiser looks back on 43 years
Posted Date: Monday, May 9, 2016
Appraiser Joe Rosen, who’s been evaluating property for the past 43 years, continues to work at his craft and doesn’t appear he’s ready to slow down anytime soon. Read on to learn more about this “veteran” appraiser at Rosen Appraisal Associates.
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Realty Appraisal wins revaluation case over city
Posted Date: Monday, May 16, 2016
Hudson County Superior Court Judge Francis B. Schultz ruled in favor of Realty Appraisal Co. in a breach-of-contract case it filed against a city. In addition, the judge has ordered interest payments to accumulate as the case goes through appeal. Read on to learn more about this case.
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Kansas appraiser’s office sees more protests in 2016
Posted Date: Monday, May 16, 2016
The Saline County Appraiser’s Office in Kansas saw more informal protests of 2016 property values than it did a year ago, according to a county appraiser’s report made to the County Commission’s office. Read on to hear more details.
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Coast Guard, city council dispute property appraisal figure
Posted Date: Monday, May 16, 2016
A finance committee in North Carolina has recommended rejecting the U.S. Coast Guard’s offer to purchase a parking lot, because the city claims the lot is worth more than twice what the Coast Guard is offering for it. Read on to learn more.
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Equalization Board approves appraisal values
Posted Date: Monday, May 16, 2016
The Rugby City Council, acting as the city's tax equalization board, voted 7-1 to accept property valuations from Vanguard Appraisals at a public tax equalization meeting. Read on to learn what was decided at this meeting.
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Mortgage lender introduces small loans program
Posted Date: Wednesday, May 11, 2016
Silver Hill Funding introduced a new program for small-balance commercial mortgage loans from $250,000 to $1 million. Read on to learn more about this program in the commercial real estate world.
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Dart Appraisal names director of client services
Posted Date: Monday, May 9, 2016
Dart Appraisal announced an administrative promotion within the company. Read on to learn the identity of this person and what his specific appraisal responsibilities will be.
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Central Texas appraisals climbing
Posted Date: Monday, May 2, 2016
Property values are soaring across central Texas, with experts saying a hot real estate market is good news for the local economy. A state realtor and the county chief appraiser discuss the market effect on appraisals. Read on to learn more.
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Indiana governor signs evaluation bill into law
Posted Date: Monday, April 25, 2016
Indiana Gov. Mike Pence signed SB 300 into law March 21. The bill, which takes effect July 1, details whom can perform evaluations for financial institutions. Read on to learn more about this legislation.
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NY attorneys speak to interior appraisal ruling
Posted Date: Monday, May 9, 2016
After years of litigation, a New York Appellate Court’s decision ruled that homeowners can refuse entry to an appraiser for the purpose of inspecting the interior of the property. Valuation Review contacted Peter Allen Weinmann, an attorney for the Buffalo homeowners, and special counsel attorney Joel Kurtzhalts, representing the city, for their views on what the ruling means for the industry. Read on to learn more.
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Property appraisal bill moves to Louisiana Senate
Posted Date: Wednesday, May 11, 2016
A bill that sets up uniform appraisal of low-income housing in Louisiana was approved by the House and then sent to the Senate. Read on to learn more details surrounding this legislation.
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Price premiums for green homes smaller than you think
Posted Date: Monday, May 9, 2016
With so many certified green homes in the marketplace today, researchers Martin Brown and Taylor Watkins studied whether these certifications bring a premium price, and if so, what. Valuation Review reached out to Brown to learn the details.
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Kansas appraiser’s office reviews appeal
Posted Date: Wednesday, May 11, 2016
The new owners of Heartland Park Topeka have filed paperwork with the Shawnee County Appraiser’s Office to re-evaluate the value of the racing facility. They say the $8.9 million appraisal is too high. Read on to find out what final determinations were made in this case.
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Appraisal Institute: Landscaping contributes to value
Posted Date: Monday, May 9, 2016
The Appraisal Institute reminded homeowners that attractive landscaping can make a major contribution to a home’s value and influence an owner’s ability to sell the property. Read on to learn more.
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Appraisal woes force state comptroller to step in
Posted Date: Monday, May 9, 2016
In a case where software conversion problems at a Texas county appraisal district could have cost local schools millions of dollars, the state comptroller’s office announced it would step in to prevent further damage. Read on for more details.
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Freddie Mac launches apartment index for investors
Posted Date: Monday, May 23, 2016
Investing in multifamily properties changes from quarter to quarter. Is now the time for investors to jump on opportunities? The new Freddie Mac Apartment index can answer that and other questions. Read on to learn more.
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NS3 Preview: Embracing change, developing models can drive sales
Posted Date: Monday, May 16, 2016
Since the implementation of the TILA-RESPA Integrated Disclosure (TRID) rule in October, it’s safe to say that business has been anything but usual for the title and settlement services industries. In a panel discussion at the National Settlement Services Summit in Charlotte, N.C., Orange Leaf Consulting CEO Cynthia McGovern and Florida Agency Network CEO Aaron Davis will discuss the opportunities to increase and enhance your business during this period of change. Read on for the details.
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NS3 Preview: Creating meeting of the minds between creditors, settlement agents
Posted Date: Wednesday, May 11, 2016
A dog is smarter than its tail, right? It usually is, until it doesn’t pay close enough attention to the details. At this year’s National Settlement Services Summit (NS3), October Research, LLC will be hosting “TRID Tails,” where a panel of experts will review the TILA-RESPA Integrated Disclosure (TRID) rule’s various conflicts and problems that they have seen arise out of the normal workflow between creditors and settlement agents. Read on to learn more.
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NS3 Preview: How to build a better relationship with your partners
Posted Date: Monday, May 9, 2016
This year at the National Settlement Services Summit (NS3) New Homes Solutions Consulting founder Kimberly Mackey will be speaking at the “Title Agents, Realtors and Builders: Why Can’t We Just Get Along?” session 2:10 p.m. Tuesday, June 7. Read on to learn more.
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