May a County Assessor use the extraction method when appraising the value of a parcel occupied by a mobilehome?
Fisher v. County of Orange
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Tag: appraisal
Appraisals in a declining market — and why it matters in 2022
After two years of rapid price increases, appraisers will need to make a quick shift when prices dive later in 2022.
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MLO Mentor: ECOA disclosures, Part II
This article discusses record retention and discrimination rules under the Equal Credit Opportunity Act (ECOA).
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POLL: How often are your deals when contingent on new financing killed by low appraisals?
This week’s poll inquires upon readers’ thoughts on low appraisal impact on deals entangled with new financing.
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Fannie Mae and Freddie Mac to launch remote desktop appraisals in 2022
After a successful test run triggered by the pandemic, Fannie Mae and Freddie Mac will soon be permanently accepting remote desktop appraisals on eligible transactions.
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Clarity on AMC designated officer rules
The designated officer (DO) is an important role ensuring appraisal management company (AMC) compliance.
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When may an appraiser trainee inspect independently?
The law is not clear cut, but the Bureau of Real Estate Appraisers (BREA) clarified the answer in their Fall-Winter 2021 newsletter.
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New California law tackles bias in real estate appraisals
New law passed in California with additional requirements for continuing education.
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DRE Hot Seat: Without active status, don’t practice
This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the California real estate license of a broker who misrepresented the status of his license under another state agency.
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Freddie Mac study bares ugly truth of racial appraisal gap
Despite all efforts to make appraisals fair, equitable and based on facts, racial appraisal gaps persist — leading to a pervasive wealth gap.
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Securing your practice against appraiser complaints
Maintaining professionalism at all times is the best way to avoid complaints, as detailed in the Spring 2021 BREA Bulletin.
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Poll: How many of your clients are taking advantage of appraisal waivers?
Share your experience with other real estate professionals.
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Appraisal waivers are fueling the refinance wave
Is the rapid increase in appraisal waivers a danger sign for the market?
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Word-of-the-Week: Elements of Value
Elements of value – Numerous factors considered in the appraisal process to determine a property’s value.
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Word-of-the-Week: Appraisal
An appraisal is an individual’s opinion or estimate of a property’s value on a specific date, reduced to writing in an appraisal report.
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Reduced experience requirements for appraisal trainees
Applicants for the residential (AL) appraisal license no longer need to categorize their experience.
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Spotting appraisal deficiencies
Knowing the common appraisal deficiencies can help you successfully rebut a low appraisal.
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Buying sight-unseen: the new norm in the COVID-19 era
While more difficult, homebuying and selling may still continue in the coming weeks of COVID-19 isolation.
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Rules Controlling Appraisals
Maintaining appraiser independence and neutrality
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Correlation of Values and Creation of the Appraisal Report
Reconciliation of property values and creation of a completed Uniform Residential Appraisal Report
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