What I am about to say here doesn’t just apply to Atlanta GA. These issues apply to every city, state and more, but I chose to do what right in my immediate area After listening to the hearing today on racial bias in appraisals and the info presented, I decided to call Congresswoman Nikema Williams
Category: Real estate appraiser, Appraisals, Amcs
Anytime the Government gets involved in an issue, it tends to have more adverse effects than positive ones. It makes things worse when they only have their plan in mind and NOT the FACTS from the people they are about to hurt. This is especially true in the Real Estate Appraisal profession and the newly
Over the past two days, the Real Estate Appraisal Industry has been the subject of scrutiny with the release of the PAVE Report that the Interagency Task Force developed on Property Appraisal And Valuation Equity set forth by the Biden Administration. 3/23/2022. There was a public meeting to unveil the Pave Task Force report on
This Blog post is a little longer than most I write. I would hope that you take the time to read it in its entirety and then make your own decisions. Thanks again for following me and my writings. It is no secret that the real estate appraisal profession has recently been in the crosshairs
The Uniform Standards of Professional Appraisal Practice (USPAP) are the key to maintaining public trust in real estate transactions. USPAP is pretty much the equivalent to the Bible, but it MUST be followed for appraisers. Created by the Appraisal Foundation, USPAP set forth the guidelines for how appraisers should perform their work. By following these
A couple of years ago, I became very passionate about the issues going on throughout the appraisal profession. In 2014, I formed a group on Facebook called 100% Real Estate Appraisers that would give Independent real estate appraisers a place to ask questions, post information, and get answers from other independent appraisers. As the years
Yes, you just read that headline correctly. The Appraiser can be your friend too. See, most agents and others seem to look at the Appraiser as a deal killer, a person who dictates the market, a person who makes the transaction harder than it should be, or that person who disagrees with the contract price.
I have been an appraiser since 2003, when I started my career path. Since then, the appraiser profession has gone through many changes, none more impactful than creating the Home Valuation Code of Conduct or HVCC law that was put into effect after the crash. HVCC created the new normal for the profession where Appraisal
In 2008 after the housing crash, then-Attorney General of New York, Andrew Cuomo, came up with the Home Valuation Code of Conduct or HVCC. The legislation was in response to his poor dealings with banks and real estate that he had an interest in and due to him being under investigation for billions of dollars
Today was a great day in so many ways. Not only did I not have to wake up at the crack of dawn to get things done, I had one of the most amazing experiences I’ve ever had as a Real Estate Appraiser. Let me set the stage a bit. I was contacted to do