Genny Williams’ Mastermind 2017 is almost here Hello everyone. It’s already November and the end of 2017 is getting closer and closer. I’ve had a great time this year on my Birmingham Appraisal Blog answering appraisal questions and writing about the various topics in my profession that affect agents, homeowners, and others in the real […]
Should I Get A Property Inspection Waiver?
September 26, 2017 By 17 Comments
In The News: The Property Inspection Waiver Just in case you haven’t been in the market for a home mortgage recently there’s something new these days that you should be aware of. The current buzzwords recently have been Property Inspection Waiver or PIW. A Property Inspection Waiver consists of the option to forgo a traditional […]
9 Unintended consequences from no appraisal mortgages
August 31, 2017 By 37 Comments
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
June 14, 2017 By 14 Comments
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?
May 24, 2017 By 8 Comments
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 […]
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