9 Unintended consequences from no appraisal mortgages

Are no appraisal mortgages a wolf in sheep’s clothing? I’ve seen a lot of celebration recently from various players in the home purchase and mortgage game regarding the decision by Freddie Mac to skip getting a traditional appraisal. While it may sound good up front because they promise to reduce the cost to the buyer […]

4 Appraisal ethics rules Zillow may be breaking when they give your zestimate

Do appraisal guidelines matter? In case you haven’t heard, real estate website giant Zillow is part of a current lawsuit that was filed by Chicago real estate attorney Barbara Anderson. The lawsuit was instigated because Ms. Anderson claims that the Zestimate provided by Zillow does not reflect the true market value of her home and […]

Is it the appraiser’s job to support value?

Is it the appraiser’s job to support value or report value? In Jonathan Miller’s Housing Notes blog post this past week he mentioned an article from the online version of the Denver post that is disheartening to appraisers. In the article, Denver real estate agent Steve Danyliw was quoted saying the following: “Agents are experiencing […]

An appraiser’s take on the fixer upper craze

Fixer upper appraisal considerations The fixer upper home is all the rage these days. With the popularity of the HGTV show “Fixer Upper” starring Chip and Joanna Gaines, it seems everyone wants to get in on the action. This show seems to be popular because of the endless possibilities you have to take the worst […]

How to successfully have your appraiser voice heard

Is your appraiser voice being heard? It seems like these days that everyone wants their voice to be heard. Because of the nature of our latest election as well as the latest news headlines, and the available social platforms, there are more people talking about every imaginable issue. Just because you are talking, however, does not […]

 

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