Real estate blog entries tagged with appraisal by Brian Davis (Brian J. Davis & Associates)

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appraisal: Allegedly Inflated Appraisal Made Prior to Construction of New Home Cannot Support a Fraudulent Misrepresentation Claim: Court Endorses "Cost Approach" - TN - 09/28/08 10:49 AM

I think that appraisers will find this case very interesting from a variety of perspectives! The case went all the way to the Court of Appeals in Nashville, TN and was ultimately decided in favor of the appraiser, but not without some interesting twists and turns along the way.
View … (1 comments)

appraisal: VA Circular 26-07-4: Valuing Properties During Periods of Declining Market - 12/13/07 04:15 PM

Facing a declining housing market, the U.S. Department of Veterans Affairs (VA) distributed a document (Thursday, December 06, 2007) reaffirming that the agency requires appraisals at fair market value for properties used as security for a VA loan. Download Circular 26-07-4 -Valuing Properties During Periods of Declining Market.pdf
In a document signed … (5 comments)

appraisal: Top 10 Reasons Appraisers Decline Assignments (2003 vs 2007) - 10/03/07 06:20 PM

Brian J. Davis, RAA - Brian Davis & Associates - Brian has over 23 years of appraisal experience in Central, IL and hosts the Appraisal Scoopblog and the WinTOTAL Users Group an email forum for appraisers.
… (6 comments)

appraisal: Who does the appraiser work for? - 08/24/07 10:39 PM

Kelly Koehler of The Housechick Blog asked the following questions, in her original blog post, after reading an article authored by an appraisal organization:
Okay, remind me again, who typically pays for the appraisal? Oh yeah - the BUYER. And who gets a copy of it? Oh yeah - the lender. And … (38 comments)

appraisal: How To Prepare For A Real Estate Appraisal - 08/22/07 08:48 AM

For homeowners, a real estate appraisal is the linchpin to buying or selling their home. It allows the property transactions to occur among the buyer, seller, real estate agent and mortgage lender.
Before an appraiser arrives, there are a few things you should know. By law, an appraiser must be state licensed … (3 comments)

appraisal: Locate multiple addresses - calculate distances - make your own mashup map - instantly! - 08/14/07 06:28 AM

How would you like to take any kind of street address list, for example copied from an Excel spreadsheet, and automatically geocode the addresses to get latitude and longitude coordinates? Then, map the data in your browser, download it into Google Earth, save it to a web page, or transfer it … (0 comments)

appraisal: Planned Unit Development (PUD) - Appraiser vs Underwriter Q&A - 08/12/07 06:03 AM

Appraiser Asks: Can you help me explain that just because Homeowner Association (HOA) dues are paid doesn't mean the appraised property is in a Planned Unit Development (PUD)? The Loan Underwriter rejected my appraisal because HOA dues of $300 per year are paid for maintenance of a drain water lagoon. The … (6 comments)

appraisal: How Credit Got So Easy And Why It's Tightening - 08/09/07 07:22 AM

As Oliver Hardy used to say . . .
"Well, here's another nice mess you've gotten me into."
Yesterday the RealEstateJournal.com posted a great article on The origins of the credit boom and its unfolding predate mistakes in the last year.
The article traces the issues to changes in the banking system provoked … (3 comments)

appraisal: Brian Davis speaks at the 2007 a la mode convention - Marketing Your Business! - 08/08/07 07:38 AM

The following is from the 2007 a la mode convention blog site:
Our first of three lunch panel discussions, Marketing Your Business and Yourself, featured discussion of general philosophies and tactical tips appraisers can apply in their day to day business.
The overarching theme from all three speakers, Ann O'Rourke, … (1 comments)

appraisal: Geek's Corner: On-line Backup Sytems for Appraisers - 08/08/07 07:27 AM

The Webopedia encyclopedia defines backup : (v.) To copy files to a second medium (a disk or tape) as a precaution in case the first medium fails. One of the cardinal rules in using computers is back up your files regularly.
Even the most reliable computer is apt to break down … (5 comments)

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