Don't expect big changes in valuation, an article from Coloradoan.com, reports that almost 150,000 property owners will receive a "notice of value" letter from Larimer County Assessor Steve Miller on May 1.  The county assessor is required by law to use a market approach.  The assessor must benchmark valuations to June 30, 2008.  What a property may be worth today has nothing to do with the assessor's valuation.  Protests must be filed by May 31. 
http://www.coloradoan.com/article/20090420/OPINION04/904200309/1014/OPINION

   

Washington Report: Appraisals to Change, an article from Realty Times, on May 1 the national rules for real estate appraisals will change dramatically - at least for lenders who want to sell their loans to Fannie Mae and Freddie Mac.  Lenders will be required to adopt the "HVCC" - the home valuation code of conduct - and guarantee that each loan they sell to Fannie or Freddie complies with the code.  The new codes ban brokers from ordering appraisals.  Much of the business will be pushed to third-party appraisal management companies.  The new code might even raise the cost of appraisals to the consumer in some cases. 
http://realtytimes.com/rtpages/20090420_washingtonreport.htm

    

Additional articles that you may find of interest:

 

Redevelopment key to city future
http://www.coloradoan.com/article/20090421/OPINION04/904210309/1014/OPINION

 

Council to vote on Centerra proposal
http://www.reporterherald.com/news_story.asp?ID=22714

 

Greeley weighs in on McWhinney request
http://www.coloradoan.com/article/20090420/NEWS01/904200319

 

REAL ESTATE: Boulder commercial, trust deeds
http://www.dailycamera.com/news/2009/apr/20/REAL-ESTATE-Boulder-commercial-trust-deeds/

 

Greeley opposes McWhinney request to delay 25/34 interchange improvements
http://www.coloradoan.com/article/20090419/UPDATES01/90419004/1002/NEWS01

 

Loveland streetscape plan unveiled
http://www.coloradoan.com/article/20090417/LOVELAND01/90416023

 

Fed Officials: The Worst is Over
http://www.realtor.org/rmodaily.nsf/pages/News2009042001

 

Housing Market Faces New Rules for Appraisals
http://www.realtor.org/rmodaily.nsf/pages/News2009042002

 

Waiting for The Bottom: A Losing Proposition?
http://realtytimes.com/rtpages/20090421_waitbottom.htm

 

More Biz in Tough Market: How to Get Those Voicemails Returned Right Away
http://realtytimes.com/rtpages/20090421_voicemails.htm

 

Real Estate Outlook: Builder Sentiment Rises
http://realtytimes.com/rtpages/20090421_realestateoutlook.htm

 

Why Buy This House?
http://realtytimes.com/rtpages/20090420_wbth.htm

 

How to nab a low-rate home loan
http://money.cnn.com/2009/04/17/real_estate/low_rate_loan.moneymag/index.htm?postversion=2009041711


Search Properties and Home Values at

www.realestatesuperheroes.com

www.oldtownhousevalues.com

or call me (970) 231-0890


 

 


Search Properties and Home Values at

www.realestatesuperheroes.com

www.oldtownhousevalues.com

or call me (970) 231-0890

 


 
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