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A common-sense way to mend the draconian appraisal process? – Washington Post
Harvey S. Jacobs, real estate lawyer in the Rockville office of Joseph, Greenwald & Laake, wrote the following in his Washington Post article – A common-sense way to mend the draconian appraisal process . “If federal regulators are truly concerned… Go to Source
To verify or not to verify? There is no question.
To verify is to establish the truth, accuracy, or reality of something. Verified information is fact. Guest Post: The author, Edd Gillespie, is a Certified General Appraiser from Pueblo, CO that specializes in litigation support, 1031 exchanges, estate appraisals, and… Go to Source
NAHB Issues Guidelines on Drywall Fix
The National Association of Home Builders has produced, “”Imported Problematic Drywall: Identification Strategies and Remediation Guidelines,” a new resource for its builder and remodeler members. According to a press announcement, “The publication represents more than a year of intensive research,… Go to Source
"Signing Off" on Reasonable and Customary Appraisal Fees
There’s a WinTOTAL Users Group discussion that I thought the larger Appraisal Scoop audience might benefit from: “Hi Everyone, I received an appraisal request from an AMC yesterday and the fee they were offering was low, especially for this particular… Go to Source
2010 Gross Annual Income from Appraisal Related Services Poll by AppraisalPort
AppraisalPort has posted their Weekly Poll and it’s generating a LOT of interest. Are YOU surprised to see that over 30% of Appraisers Gross over $100k? Wonder what an Appraiser “Nets” on earnings of over $100k? Wonder how many hours… Go to Source
Distressed CRE to Remain High but Manageable: Regulators
Commercial real estate information and analytics provider CoStar Group explored the state of the commercial market in a four-part series of articles launched March 2, including remarks by a Comptroller of the Currency official that banks holding distressed CRE assets are still facing at least another 12 to 18 months of drag. Go to Source
Connecticut Legislative Committee Removes BPO Language from Law
Connecticut’s Joint Committee on Insurance and Real Estate removed from H.B. 6510 language that would have permitted agents and brokers to perform broker price opinions for the holders of mortgages for the purposes of foreclosures, short sales and loan modifications. The move came after public hearing on the bill, during which the Connecticut Chapter of [...]
National Appraisal Union
The National Appraisal Union is an organization that supports appraisers by providing a forum to gather, share, and voice opinions regarding the appraisers particular field of work. Their purpose is to protect and improve appraisers income and the conditions of employment and or contractual relationship developed between the appraiser and the lender or appraisal management [...]
Foreclosures Down 27 Percent Year-over-Year: RealtyTrac
Banks foreclosed on 64,643 U.S. properties in February, down 17 percent compared to the previous month and 18 percent from a year ago, according to RealtyTrac’s U.S. Foreclosure Market Report for February 2011, released March 9. One in every 577 U.S. properties received a foreclosure filing in February. The number of households that received a [...]
GSEs Increase Foreclosure Preventions in 2010: FHFA
Fannie Mae and Freddie Mac doubled to 946,305 the number of foreclosure actions they prevented in 2010 when compared to 2009, according to the Federal Housing and Finance Agency’s Foreclosure Prevention and Refinance Report, released March 3. The GSEs prevented 431,098 actions in 2009. Go to Source