Does A “Crazy” Neighbor Lower Value?
Does A “Crazy” Neighbor Lower Value?
Does A “Crazy” Neighbor Lower Value? By Jamie Owen Excerpts: It’s tax appeal season, and I’ve had several homeowners say that they feel their neighbors are negatively impacting the value of their homes for different reasons. Is that the case? Can that be the case? The homeowners
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Does A “Crazy” Neighbor Lower Value? By Jamie Owen Excerpts: It’s tax appeal season, and I’ve had several homeowners say that they feel their neighbors are negatively impacting the value of their homes for different reasons. Is that the case? Can that be the case? The homeowners
The post Does A “Crazy” Neighbor Lower Value? appeared first on Appraisal Today.
Does A “Crazy” Neighbor Lower Value? By Jamie Owen Excerpts: It’s tax appeal season, and I’ve had several homeowners say that they feel their neighbors are negatively impacting the value of their homes for different reasons. Is that the case? Can that be the case? The homeowners
The post Does A “Crazy” Neighbor Lower Value? appeared first on Appraisal Today.
5 Tips for Appraising Green Homes By McKissock Excerpts: 1. Consider each home on a case-by-case basis You must independently determine whether there is sufficient information available to develop a reliable opinion of market value for each individual property. That will depend on the extent of the
The post Green Home Appraisals – Ideas for Appraisers appeared first on Appraisal Today.
5 Tips for Appraising Green Homes By McKissock Excerpts: 1. Consider each home on a case-by-case basis You must independently determine whether there is sufficient information available to develop a reliable opinion of market value for each individual property. That will depend on the extent of the
The post Green Home Appraisals – Ideas for Appraisers appeared first on Appraisal Today.
Fannie Mae and Freddie Mac to launch remote desktop appraisals in 2022 Desktop appraisals with floor plans Excerpt: Beginning March 19, 2022, Fannie Mae and Freddie Mac will accept remote desktop appraisals nationwide on eligible transactions without the appraiser ever stepping foot on the subject property, the
The post Fannie Wants Desktop Appraisals with Floor Plans appeared first on Appraisal Today.
Fannie Mae and Freddie Mac to launch remote desktop appraisals in 2022 Desktop appraisals with floor plans Excerpt: Beginning March 19, 2022, Fannie Mae and Freddie Mac will accept remote desktop appraisals nationwide on eligible transactions without the appraiser ever stepping foot on the subject property, the
The post Fannie Wants Desktop Appraisals with Floor Plans appeared first on Appraisal Today.
…a brilliant ‘work around’ to solve the subject & comps adjustment issues, which Fannie Mae thinks is no big deal… Appraisers, I was chatting with an appraiser buddy last week about the ANSI measuring dilemma we all face when doing Conventional lending reports, which ultimately will wind up with Fannie Mae. In my view, my appraiser buddy has a brilliant ‘work around’ to solve the subject & comps adjustment issues, which Fannie Mae thinks is no big deal, but we all know will cause con...
…a brilliant ‘work around’ to solve the subject & comps adjustment issues, which Fannie Mae thinks is no big deal… Appraisers, I was chatting with an appraiser buddy last week about the ANSI measuring dilemma we all face when doing Conventional lending reports, which ultimately will wind up with Fannie Mae. In my view, my appraiser buddy has a brilliant ‘work around’ to solve the subject & comps adjustment issues, which Fannie Mae thinks is no big deal, but we all know will cause con...
Appraisers – The Past and The Future The Path that Brought Us Here by Richard Hagar, SRA Excerpts: A wise man by the name of Jim Irish, former chief appraiser for the Federal Reserve Bank out of Topeka, Kansas, once told me something very profound: “The government
The post Appraisers – The Past and The Future appeared first on Appraisal Today.
Appraisers – The Past and The Future The Path that Brought Us Here by Richard Hagar, SRA Excerpts: A wise man by the name of Jim Irish, former chief appraiser for the Federal Reserve Bank out of Topeka, Kansas, once told me something very profound: “The government
The post Appraisers – The Past and The Future appeared first on Appraisal Today.
PAVE Action Plan to Advance Property Appraisal and Valuation Equity By McKissock, March 23, 2022 Two of the more controversial recommendations: Excerpts: Inform Federal Housing Administration (FHA) borrowers about the process to request a reconsideration of a valuation when the initial valuation is lower than expected. Perhaps
The post PAVE Appraiser Bashing appeared first on Appraisal Today.
PAVE Action Plan to Advance Property Appraisal and Valuation Equity By McKissock, March 23, 2022 Two of the more controversial recommendations: Excerpts: Inform Federal Housing Administration (FHA) borrowers about the process to request a reconsideration of a valuation when the initial valuation is lower than expected. Perhaps
The post PAVE Appraiser Bashing appeared first on Appraisal Today.
A garage can be a fantastic feature in a home. Not only does it act as added parking, but for many, it’s valued for its additional storage space. For others, they turn space into a home gym, office, or even a studio. A garage has become more than just a practical space for parking vehicles. Its functional and aesthetic appeal offers more than convenience but helps increase buyer demand and enhance a home’s overall market value. But how much value does a garage add to a house? Benefits of Hav...
A garage can be a fantastic feature in a home. Not only does it act as added parking, but for many, it’s valued for its additional storage space. For others, they turn space into a home gym, office, or even a studio. A garage has become more than just a practical space for parking vehicles. Its functional and aesthetic appeal offers more than convenience but helps increase buyer demand and enhance a home’s overall market value. But how much value does a garage add to a house? Benefits of Hav...
Fannie’s New Desktop FAQs Timeline and 19 FAQs From an email received 3-8-22 “Desktop appraisals will be offered in Desktop Underwriter® (DU®) for eligible transactions starting March 19. Are you ready? We’ve updated the About desktop appraisals fact sheet with an expanded frequently asked questions section. Thanks
The post Fannie’s New Desktop Appraisal FAQs appeared first on Appraisal Today.
Fannie’s New Desktop FAQs Timeline and 19 FAQs From an email received 3-8-22 “Desktop appraisals will be offered in Desktop Underwriter® (DU®) for eligible transactions starting March 19. Are you ready? We’ve updated the About desktop appraisals fact sheet with an expanded frequently asked questions section. Thanks
The post Fannie’s New Desktop Appraisal FAQs appeared first on Appraisal Today.
Appraisals and Water Frontage Steven W. Vehmeier Excerpts: What about an off-site water view? In a large townhouse-style condominium complex, there were only eight units that had water views. The view was of a section of the Intracoastal Waterway. It was from the second floor only, and over a six-foot high concrete block wall and across an open field. The builder charged more for those units because of the partial view. My research discovered that the open field had just been purchased by a gro...
Appraisals and Water Frontage Steven W. Vehmeier Excerpts: What about an off-site water view? In a large townhouse-style condominium complex, there were only eight units that had water views. The view was of a section of the Intracoastal Waterway. It was from the second floor only, and over a six-foot high concrete block wall and across an open field. The builder charged more for those units because of the partial view. My research discovered that the open field had just been purchased by a gro...
Crazy Appraisal Stories! Excerpts: Not Just Measuring Homes and Taking Pictures I went to appraise a home for a movie producer in Brentwood, California. I knocked on the door, and one of the producer’s boyfriends opened the door and invited me in. He was completely naked. He
The post Crazy Appraisal Stories! We all have them!! appeared first on Appraisal Today.
Crazy Appraisal Stories! Excerpts: Not Just Measuring Homes and Taking Pictures I went to appraise a home for a movie producer in Brentwood, California. I knocked on the door, and one of the producer’s boyfriends opened the door and invited me in. He was completely naked. He
The post Crazy Appraisal Stories! We all have them!! appeared first on Appraisal Today.