Editor’s Note: As this story illustrates, new laws supporting appraiser independence are beginning to bite and may be indicative of a new day. Appraiser Board Turns Tables on Broker by Cary Barker, Assistant Editor The times, they are indeed changing. A previous WRE cover story, Turning Tide? Appraiser Independence (Volume 18), covers a spate of...…
Read More
Editor’s Note: The Housing Recovery Bill signed into law this summer promises to benefit appraisers, but the rules have changed. Here’s what you need to know. National Housing Act: What Appraisers Need to Know by David Brauner, WRE Editor The National Housing Act (H.R. 3221), signed into law on July 30, 2008, may generate a...…
Read More
Fannie Mae has introduced the addendum 1004MC and is requiring its use beginning April 1, 2009 (view the form at Efanniemae.com). It is a worksheet to help appraisers perform a market conditions analysis (MCA). By the time this hits your desk you should have begun the process of becoming familiar with it. Here…
Read More
Editor’s Note: This survey, offered by Bradford Technologies, provides insight into residential appraiser demographics. Appraiser Demographics: Who are You? By Jeff Bradford, CEO, Bradford Technologies Who are you? That’s what we wanted to know. So as appraisers signed up for our free directory listing in AppraisalWorld, we asked them to take a survey. We’d like...…
Read More
The Market: One veteran says that in 37 years of appraising 2008 was the toughest market he’s ever seen and that 2009 could be worse. Several others, also appraising over 30 plus years of real estate cycles, agree. Their take? If you can make it in these conditions, you can make it.
Professional…
Read More
I decided to make the switch from appraising commercial properties back to residential properties in early 2008. To many this is appraisal suicide. However, the reason is simple- my wife became a state-registered trainee a few years ago, is serious about becoming Certified and needed my mentoring.
Since her knowledge of commercial appraising is limited,…
Read More
Now you see it, now you don’t: that’s what appraisers are saying about data that is disappearing or changing after a report leaves their desktop. Here’s what is happening and why, according to appraisers, vendors and other industry insiders.
A certified appraiser, who wishes to remain anonymous fearing blacklisting, recently contacted her errors and omissions insurance…
Read More
Editor’s Note: There will be life after HVCC. Here, appraiser Paul Chandler, MAI, offers his insider’s view on AMCs and how to make the new changes work for you. HVCC/AMCs – Change Equals Opportunity by Paul E. Chandler, MAI The Home Valuation Code of Conduct (HVCC), effective May 1, 2009, has created uncertainty and apprehension...…
Read More
Do we all agree that 2009 has been a challenging year so far for home inspectors? Most home inspectors I have talked to have found that work levels and incomes continue to decline. During a recent ASHI Mid-Atlantic Chapter’s monthly “Candidate Education Hour,” which I moderated, we explored in depth what services some members…
Read More
Making money through knowledge – this is how appraiser Jeff Patterson sees his future. Patterson, in the real estate industry 30 years, is broadening his practice to include energy audits- using specific protocols to show homeowners how to save money on their energy bills and lower their carbon footprint.
Patterson sees this growing area as a…
Read More
