Alternately, you can envision this hard time as an opportunity to position yourself with a slightly modified appraisal practice in the near future.
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Diversifying with Environmental Reports By Benjamin V. Cesare Home buyers today have more questions to ask than ever before—and they frequently turn to their home inspector for answers that will help them make a good decision for themselves and their family. Today’s savvy home buyer wants complete information about the properties they are considering —…
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The good news for appraisers is that while you weather the current economy you can position yourself to be a highly qualified and credentialed “green” appraiser without significant capital or time expenditures. The result is a competitive advantage, compliance with USPAP’s Competency Rule and new sources of work.
Many of you remember the excesses that characterized…
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Editor’s Note: Appraisers and Home Inspectors are catching the energy-auditing wave- diversifying and adding to their bottom lines. Shining Light on Energy Auditing by David Brauner, Editor As environmental concerns among Americans reach a tipping point- saving our planet, becoming energy independent, saving money on the soaring cost of energy- appraisers, inspectors and others are...…
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Historically, the relocation industry has been challenged by such environmental issues as UFFI (urea formaldehyde foam insulation), asbestos, radon gas, synthetic stucco, and black mold. Currently, the industry is challenged economically by an oversupply of homes, decreasing home prices, a credit crisis, an unstable stock market, record foreclosures, and a global recession. What is next?…
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In 1994 Fannie Mae formally introduced environmental due diligence to the appraisal industry- so what has changed?
The Appraisal Journal (January 1995), published by the Appraisal Institute, included an article that reviewed what was then new environmental reporting requirements put in place by Fannie Mae and the new Uniform Residential Appraisal Report (URAR) form (effective January…
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