Archive for the ‘Appraisal’ Category

Wednesday, March 23rd, 2011 at 12:22am

A common-sense way to mend the draconian appraisal process? – Washington Post

Posted by admin in Appraisal

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

Wednesday, March 23rd, 2011 at 12:22am

To verify or not to verify? There is no question.

Posted by admin in Appraisal

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

Wednesday, March 23rd, 2011 at 12:22am

NAHB Issues Guidelines on Drywall Fix

Posted by admin in Appraisal

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

Wednesday, March 23rd, 2011 at 12:22am

"Signing Off" on Reasonable and Customary Appraisal Fees

Posted by admin in Appraisal

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

Wednesday, March 23rd, 2011 at 12:22am

2010 Gross Annual Income from Appraisal Related Services Poll by AppraisalPort

Posted by admin in Appraisal

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

Wednesday, March 23rd, 2011 at 12:31am

Distressed CRE to Remain High but Manageable: Regulators

Posted by admin in Appraisal

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

Wednesday, March 23rd, 2011 at 12:31am

Connecticut Legislative Committee Removes BPO Language from Law

Posted by admin in Appraisal

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 [...]

Friday, March 25th, 2011 at 9:06pm

National Appraisal Union

Posted by admin in Appraisal, Appraisers 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 [...]

Wednesday, March 23rd, 2011 at 12:31am

Foreclosures Down 27 Percent Year-over-Year: RealtyTrac

Posted by admin in Appraisal

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 [...]

Wednesday, March 23rd, 2011 at 12:31am

GSEs Increase Foreclosure Preventions in 2010: FHFA

Posted by admin in Appraisal

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

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