Appraisal | firsttuesday Journal

Fannie Mae and Freddie Mac to launch remote desktop appraisals in 2022

by Amy Perry | Feb 28, 2022 | Appraisal, Fundamentals, Mortgages, Real Estate | 5

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.

Clarity on AMC designated officer rules

by Carrie B. Reyes | Feb 21, 2022 | Appraisal, Real Estate | 0

The designated officer (DO) is an important role ensuring appraisal management company (AMC) compliance.

When may an appraiser trainee inspect independently?

by Carrie B. Reyes | Jan 31, 2022 | Appraisal, Real Estate | 0

The law is not clear cut, but the Bureau of Real Estate Appraisers (BREA) clarified the answer in their Fall-Winter 2021 newsletter.

Freddie Mac study bares ugly truth of racial appraisal gap

by Amy Perry | Nov 15, 2021 | Appraisal, Fair Housing, Laws and Regulations, Real Estate, Your Practice | 1

Despite all efforts to make appraisals fair, equitable and based on facts, racial appraisal gaps persist — leading to a pervasive wealth gap.

Securing your practice against appraiser complaints

by Carrie B. Reyes | Aug 21, 2021 | Appraisal, Real Estate | 0

Maintaining professionalism at all times is the best way to avoid complaints, as detailed in the Spring 2021 BREA Bulletin.

Appraisers struggle to keep up with 2021’s hot market

by Carrie B. Reyes | May 17, 2021 | Appraisal, Real Estate | 0

Appraisers are bound to report the home’s value as they see it, not as the buyer and seller see it.

Case in point: Does the price paid at a trustee’s foreclosure sale establish a property’s fair market value (FMV)?

by Amy Perry | Apr 15, 2021 | Appraisal, Feature Articles, Real Estate, Tax | 0

An in-depth look into fair market value, assessment and the newest tax laws in California.

Poll: How many of your clients are taking advantage of appraisal waivers?

by ft Editorial Staff | Nov 30, 2020 | Appraisal, Reader Polls, Real Estate | 0

Share your experience with other real estate professionals.

Appraisal waivers are fueling the refinance wave

by Carrie B. Reyes | Nov 30, 2020 | Appraisal, Real Estate | 0

Is the rapid increase in appraisal waivers a danger sign for the market?

Reduced experience requirements for appraisal trainees

by Carrie B. Reyes | Sep 28, 2020 | Appraisal, Fundamentals | 0

Applicants for the residential (AL) appraisal license no longer need to categorize their experience.

Correlation of Values and Creation of the Appraisal Report

by ft Editorial Staff | Mar 9, 2020 | Appraisal, Feature Articles, Real Estate, Video | 0

Reconciliation of property values and creation of a completed Uniform Residential Appraisal Report

California’s appraiser population is declining rapidly

by Carrie B. Reyes | Feb 4, 2020 | Appraisal | 6

The number of licensed appraisers in California is the lowest since the BREA began recording the appraiser population in 1993.

The votes are in: low appraisals prevent closings

by ft Editorial Staff | Jul 9, 2018 | Appraisal, Reader Polls, Real Estate, Your Practice | 0

Readers weigh in about the impact of low appraisals.

Can energy systems be separated into solar and nonsolar components for property tax purposes?

by Oscar Alvarez | Jun 7, 2018 | Appraisal, Real Estate, Recent Case Decisions, Tax | 0

Luz Solar Partners Ltd., III v. San Bernardino County Facts: An owner improves their real estate...

Homebuyers consistently overpay on their first home

by Carrie B. Reyes | Jul 17, 2017 | Appraisal, Feature Articles, Finance | 1

First-time homebuyers have a recorded tendency to overpay on their home purchase.

Brokerage Reminder: Evaluating the valuation

by ft Editorial Staff | Jul 3, 2017 | Appraisal, Brokerage Reminder, Real Estate, Your Practice | 0

Tips for handling real estate appraisals and other valuations.

POLL: How often are your financed deals killed by low appraisals?

by ft Editorial Staff | Mar 6, 2017 | Appraisal, Finance, Reader Polls, Real Estate | 0

How often are your financed deals killed by low appraisals? Occasionally, but not on most deals....

How Accurate is Zillow?

by ft Editorial Staff | Oct 24, 2016 | Appraisal, Real Estate | 0

Watch this video to see how Zillow estimates how much a property is worth, and how the Zestimate is different from the value arrived at under an appraisal or comparative market analysis (CMA).