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News By Edition
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Valuation Review Edition
September 23, 2019
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Federal chief appraisers say there’s work available for local experts
Posted Date: Monday, September 9, 2019
Chief appraisers from the General Services Administration, the Department of the Interior, the Department of State, and the Naval Facilities Command spoke to the needs of the federal client.
They also emphasized why appraisers need to be hired for these types of services.
Valuation Review was at the Appraisal Institute conference to hear what this panel of experts shared.
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Panel discusses effects of cannabis legalization
Posted Date: Friday, August 30, 2019
What would the legalization of cannabis throughout the country mean to the real estate industry and appraisers?
At the 2019 Appraisal Institute conference in Denver, a panel of experts presented to the audience many points concerning the legalization of cannabis, and its impact through the various markets.
Read on to hear what the experts had to say.
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Separating myth from reality for rural housing
Posted Date: Friday, August 30, 2019
There can be misconceptions as to United States Department of Agriculture (USDA) real estate lending programs, including the notion that these programs have smaller dollar amounts with little impact to communities.
At the 2019 Appraisal Institute conference in Denver, a review appraiser from the USDA discussed such assumptions.
Read on to learn more.
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Green property experts give high-performance market updates
Posted Date: Wednesday, August 28, 2019
The demand for high-performing houses and commercial properties continues to be high. Appraisers must keep up with the technological advances, along with government regulations and specific consumer preferences when it comes to these types of properties.
At the 2019 Appraisal Institute conference in Denver, a panel of experts introduced the factors shaping green and high-performance design, the requirements that must be in place, and market reaction.
Read on to learn more.
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Homeowner files wrongful foreclosure action against bank, title insurer
Posted Date: Wednesday, August 14, 2019
The owner of property in Porterville, Calif., filed suit against the bank and title insurer, alleging wrongful foreclosure. He brought claims for wrongful foreclosure, fraudulent misrepresentation, negligent misrepresentation, promissory estoppel and violations of California’s Unfair Competition Law. The case went before the U.S. District Court for the Eastern District of California on the bank’s motion to dismiss. Read on for more details.
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AI, TAF oppose FDIC finalizing increase to threshold
Posted Date: Monday, August 26, 2019
On Aug. 20, the Federal Deposit Insurance Corporation (FDIC) approved a final rule officially raising the appraisal de minimus threshold from $250,000 up to $400,000 regarding the minimum transaction amount below which an appraisal is not required for federally related residential real estate transactions.
The Appraisal Institute (AI) and The Appraisal Foundation (TAF) strongly object to the FDIC ruling.
Read on to hear what both presidents from AI and TAF had to say.
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Bank expectations for appraisals, evaluations can prove stressful
Posted Date: Monday, August 26, 2019
As financial demands shift from appraisals towards non-traditional products, information from appraisals and evaluations may not provide the answers banks are seeking.
Valuation Review attended a panel discussion at the Appraisal Institute conference addressing this matter, including how to marry appraisal review theories with relational value concepts.
Read on for the details.
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Recessions typically have limited effects on housing market
Posted Date: Wednesday, August 28, 2019
Other than the housing-led Great Recession of the late 2000s, home values have typically continued to grow through national and statewide recessions over the past quarter-century, according to a new analysis report by Zillow. Read on to learn more.
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Study: Best, worst real estate markets revealed
Posted Date: Monday, September 9, 2019
With home values up 5.2 percent from last year, but affordability dropping as mortgage rates get higher, the personal-finance website WalletHub released its report on 2019’s best real-estate markets. Read on to find out who made the lists.
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Fannie names former FDIC chair to post
Posted Date: Monday, September 9, 2019
Fannie Mae appointed Sheila Bair to the Board of Directors. Read on for more information about this appointment.
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‘Eliminate wasted time,’ panel expert tells audience of appraisers-Part II
Posted Date: Monday, September 16, 2019
Appraisers running their own businesses have found that saving precious time requires the same amount of skill, precision and attention to detail associated with valuing property.
At the 2019 Appraisal Institute conference in Denver, appraisers heard more tips on how to make better use of time when completing their assignments.
Read Part II of this conference story for more appraisal guidance.
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iBuyers a new choice for sellers, but at what cost?
Posted Date: Monday, September 16, 2019
iBuyers offer quicker closings for sellers who would like to avoid the uncertainty of knowing when and if their home will sell, according to an article written by co-authors Dr. Michael Sklarz and Dr. Norman Miller. Read on to learn what these experts had to say about buyers and sellers.
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Misconceptions abound with valuations and agencies-Part II
Posted Date: Wednesday, September 11, 2019
Valuation Review, in Part II of its story from the 2019 Appraisal Institute conference in Denver on federal agencies and what must be delivered to the client, more panel members give details about requirements from the Department of the U.S. Navy and the Department of the Interior.
Learn more about the requirements and skills these agencies need from appraisers.
Read on for the conclusion.
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Food, beverage industry sees market growth
Posted Date: Wednesday, September 11, 2019
A healthy appetite for food and beverage businesses continues to fuel significant growth in one of the hottest areas in the U.S. retail real estate sector.
This growth is evident, according to BBG, a leading due diligence commercial real estate firm.
Read on to learn more.
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Freddie: Low rates, strong labor market fueling growth
Posted Date: Wednesday, September 11, 2019
According to Freddie Mac’s August Forecast, mortgage originations will reach $2 trillion in 2019, driven by a surge of homeowners refinancing into a lower mortgage rate along with strong homebuyer demand. Read on to learn more from the Forecast.
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TAF seeking candidates
Posted Date: Wednesday, September 11, 2019
For those who want to help issue guidance on critical issues such as customer-related assets, measurement and applications of market participant acquisition premiums or contingent consideration, The Appraisal Foundation is looking for you to serve on The Business Valuation Resource Panel. Read on to learn more and to obtain an application.
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Specific roles of USDA appraisers defined-Part II
Posted Date: Monday, September 9, 2019
In Part II of this conference story, Valuation Review continues the conversation with United States Department of Agriculture (USDA) review appraiser Bill Farina.
Farina goes into more depth concerning the roles of USDA appraisers.
Read on for the conclusion.
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More rewards than risks surrounding cannabis businesses-Part II
Posted Date: Monday, September 9, 2019
Valuation Review concludes its conference story from the 2019 Appraisal Institute show in Denver with more expertise regarding cannabis businesses.
Perceptions were examined as loan approval may be an obstacle for investors, and appraisers, in terms of moving forward with assignments.
Read on for the conclusion of this story.
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Massachusetts signs AMC licensing law
Posted Date: Monday, September 9, 2019
Gov. Charlie Baker recently signed Rep. Thomas Stanley’s legislation, formerly House Bill 1114 that licenses appraisal management companies into law. Read on to learn more.
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