real estate appraisers: WA State Appraiser Dave Towne: TAVMA letter to FRB Regarding Customary and Reasonable Fees.
- 05/13/11 04:55 PM
http://www.realestateappraisertips.info/ - WA Appraiser Dave Towne: TAVMA letter to FRB Regarding Customary and Reasonable Fees. Dave sent this email out to appraiser on 5/12/2011 at 12:45pm. Dave asked me to post this to my national Real Estate Appraiser Tips Blog.
Appraisers……
Attached is the recent letter from TAVMA (Title Appraiser Vendor Management Association) to the FRB complaining about the contents of a survey signed by over 8,000 nationwide appraisers who are concerned about Presumption 1 in the FRB Final Rules.
The Rules were written to comply with the Dodd-Frank law, except that Presumption 1 was added by the FRB to … (0 comments)
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real estate appraisers: Real Estate Appraiser Tips: Survey Results On How Appraisers Report Site Size vs New FNMA Requirement Effective 9/1/2011
- 02/08/11 07:07 AM
http://www.realestateappraisertips.info/ - Dave Towne: Survey Results On How Appraisers Report Site Size, New FNMA Requirements on 9/1/2011. Washington State Appraiser and Educator prepares appraisers for the upcoming new Fannie Mae requirements for proper reporting of site sizes. Dave asked me to help spread the word about this move.
"Appraisers……
Over the weekend, I asked for your input as to how you report Site Size in the Fannie Form grid. This graph represents the results of your responses through Monday night 2/7/11, from appraisers in many parts of the US:
I asked this question because … (0 comments)
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real estate appraisers: Real Estate Appraiser Tips On Backing Up Your Appraisal Data
- 06/07/10 07:55 PM
http://www.realestateappraisertips.info/ - Real Estate Appraiser Tips! Real Estate Appraiser Tips On Backing Up Your Appraisal Data
There was a discussion on the SFREP Yahoo Users Board today that started out with this thread from "LandP":
"Does anyone know if there any real differences between off site back up systems? I use carbonite and was told recently that carbonite was nowhere near as good as Acronis. How can this be, aren't they basically the same program? I've also been told that offsite backups are nowhere nearly as good as mirrored hard drives, Ghost and similar systems. In my way of thinking, … (3 comments)
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real estate appraisers: Home Appraisers: Dave Towne On Possible Fraud - Property Purchase Incentives
- 05/29/10 05:50 PM
http://www.realestateappraisertips.info/ - Real Estate Appraiser Tips! Home Appraisers: Dave Towne On Possible Fraud - Property Purchase Incentives
"Appraisers……
I hope you are busy, and may not like to read a whole bunch of ‘stuff’, but this is important info. This article is from the 5/12/2010 blog MortgageNewsDaily.com, written by Adam Quinones:
Home Sellers Push Buyer Incentives as Tax Credit Expiration Erodes Loan Demand
The homebuyer tax credit has expired and the housing industry is scrambling to refocus its marketing efforts on the core fundamentals of sustainable homeownership.
From a CNBC story titled: "Homebuyer Tax Credit Ends, But Other Incentives Emerge"
"The … (0 comments)
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real estate appraisers: Home Appraisers: Your New Post HVCC AMC Fee Split Auto Transportation, Gets 258mpg, Only 600 Dollars
- 05/29/10 05:46 PM
http://www.realestateappraisertips.info/ - Real Estate Appraiser Tips! Home Appraisers: Your New Post HVCC AMC Fee Split Auto Transportation, Gets 258mpg, Only $600.00!
The remaining photos can be viewed here: http://www.realestateappraisertips.info/real-estate-appraisers-tips/home-appraisers-your-new-post-hvcc-amc-fee-split-auto-transportation-gets-258mpg-only-600-dollars/
I'm not sure if this is was a joke email or not, but my appraiser dad sent me this email below. There's nothing on snopes.com to verify. Even if it is a joke email, it makes a good point about the contention of appraisers having to accept lower fees because of fee splits with AMC's.
Bill - I don't know if this would hold all of your computers, but you could pay … (0 comments)
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real estate appraisers: Home Appraisers New Book: Death of an Industry - Real Estate Appraisal
- 05/29/10 05:41 PM
http://www.realestateappraisertips.info/ - Real Estate Appraiser Tips! Home Appraisers New Book: Death of an Industry - Real Estate Appraisal
I just received notice from Hamp Thomas, author of "The Death Of An Industry - Real Estate Appraisal", that this study and book is now available. I hope to obtain a copy soon for a read! http://www.howtomeasureahouse.com/measure-house-books.cfm#death
The mortgage lending industry continues to follow the "Golden Rule." The one with the gold makes the rules! Is the appraisal industry being punished for a crime they did NOT commit? Who has the most to gain from the chaos? Are AVM's deceiving Fannie Mae, … (1 comments)
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real estate appraisers: Real Estate Appraiser Tips! Home Appraisers: Appraisal Red Flags To Avoid!
- 05/29/10 05:37 PM
http://www.realestateappraisertips.info/ - Real Estate Appraiser Tips! Home Appraisers: Appraisal Red Flags To Avoid!
This was posted on Ann O'Rourke's Appraisal Today email this morning.
"Appraisal Abuse Red Flags for bank examiners when reviewing appraisals - No appraisal or property evaluation in file.
- Mortgage broker or borrowers that always use the same appraiser.
- Appraiser bills association for more than one appraisal when there is only one in the file.
- Unusual appraisal fees (high or low).
- No history of property or prior sales records.
- Market data located away from subject property.
Unsupported or unrealistic assumptions relating to capitalization … (0 comments)
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real estate appraisers: Real Estate Appraisers Video: John C. Jones and Coach Mike Burt On What Does World Class Look Like!
- 04/19/10 11:53 PM
http://www.realestateappraisertips.info/ – Real Estate Appraiser Tips! John C. Jones and Coach Michael Burt: What Does World Class Look Like! In this video, Broker John C. Jones talks to a local business coach about the process of growth from being mediocre in whatever we choose to do and be in life to being our very best in that endeavor and in life.
Notice that John C. Jones is clearly on his way to becoming his market’s “Trust Agent“!
Notice too that John is using video to communicate his message to a local and national audience that tunes in each week.
Notice too that John, … (0 comments)
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real estate appraisers: How Do You Handle "Shadow Inventory"?: Real Estate Appraisers Video Tip Of The Day
- 12/03/09 09:35 PM
http://www.realestateappraisertips.info/ - 12/03/2009 Home Appraisers Video Tip Of The Day and Question: How Do You Handle Shadow Inventory? Your Comments Needed! The Tip Is: At Least Attempt To Report On Your Local "Shadow Inventory"! Have you read fellow home appraiser, Michael Tarabotto, article on "The Landmines Within? If you haven't, you really need to.....today! Michael, from California, delivered a very detailed analysis that revealed that up to 70% of present foreclosures are not listed in the MLS. In my opinion, this is a HUGE factor for home appraisers to deal with in their reports! In our home appraisals, what do we … (1 comments)
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real estate appraisers: Home Appraiser AMC Tip: StreetLinks Has Added Lenders, May Need More Appraisers
- 11/16/09 06:31 PM
http://www.realestateappraisertips.info/ - Home Appraiser AMC Tip: StreetLinks Has Added Lenders in 2009, Meaning They'll Need More Appraisers
According to Kansas City Business Journal and Appraisal Scoop, Street Links National Appraisal Services has added lender clients. Click on the Kansas City link above to read the full article. Here's a snippet:
"The company said it plans use its cash on hand to develop new businesses such as StreetLinks National Appraisal Services LLC and Advent Financial Services LLC, which provides refund-anticipation loans and related services to low- and moderate-income customers.
"Management believes that StreetLinks is situated to take advantage of growth opportunities in the residential appraisal … (0 comments)
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real estate appraisers: Real Estate Appaiser Tip Of The Day 11/16/09: Follow AppraiserHelp On Twitter
- 11/16/09 06:17 PM
http://www.realestateappraisertips.info/ - Real Estate Appaiser Tip Of The Day 11/16/2009: Follow AppraiserHelp On Twitter
Bill Collins with www.appraiserhelp.com offers value in his tweets, see below and I enjoy reviewing them each day. Bill also offers these sites below. I enjoy receiving Bill's Appraiser News Email Newsletters, subscribe @ http://www.appraisernews.com/. Appraiser News is a weekly newsletter for real estate appraisers. It is our goal to keep appraisers informed of important developments in the industry, as well as offer tips and other support to help manage through these difficult times.
A recent AppraiserNews update includes this snippet:
"Will the Last Appraiser to Leave Please Remember to Close … (0 comments)
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real estate appraisers: Home Appraisers Tip Of The Day 11/17/09: Visit Rachel Dollar’s Mortgage Fraud Blog Often
- 11/16/09 05:58 PM
http://www.realestateappraisertips.info/ - Home Appraisers Tip Of The Day 11/17/09: Visit Rachel Dollar's Mortgage Fraud Blog Often
Today's Tip is to visit Rachel Dollar's http://www.mortgagefraudblog.com/often. I first became acquainted with Rachel's blog when a fellow home appraiser in Atlanta, GA, Jayme Kortman, experienced "Appraiser Identity Theft". I'll be blogging about that topic later this month. It was Rachel's blog that informed me of Jayme's experience and reminded me to take precautions in my own appraisal practice to help avoid Appraiser ID Theft.
About Mortgage Fraud Blog and Rachel Dollar:
Mortgage Fraud Blog is the premier website for news and information on mortgage fraud and … (2 comments)
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real estate appraisers: Real Estate Appraiser Tips Tip Of The Day On http://www.realestateappraisertips.info/
- 11/16/09 05:51 PM
http://www.realestateappraisertips.info/ - Real Estate Appraiser Tips Tip Of The Day On http://www.realestateappraisertips.info/
Not Just Industry News - Tips For Working Harder On Your Business Than In Your Business!
Real Estate Appraiser Tips | Home Appraiser Tips! is an information blog covering real estate appraiser related news and tips on these topics stated below. This site is operated by Bill Cobb, CREA, a full time residential real estate appraiser in the Greater Baton Rouge Market. Bill can be reached at 225.953.0638 @ appraisertips@gmail.com
Topics Covered On The Blog Include: Appraiser Tips On:
AAA Videos (14) Aerial Home Measuring (1) ANSI Standards Tips (3) Apex Sketching … (0 comments)
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real estate appraisers: If There Are More Appraiser Members Of NAR Than Of Appraisal Institute or All Appraisal Organizations, Then What Does This Mean?
- 11/16/09 05:36 PM
http://www.realestateappraisertips.info/ - If There Are More Appraiser Members Of NAR Than Of Appraisal Institute or All Appraisal Organizations, Then What Does This Mean?
First, Please follow Bud Hunsucker @uspap on Twitter. Bud also runs the CompuTaught in Atlanta providing Online Appraisal Education Nationally. I plan on enrolling in CompuTaught for my last class needed in 2009.
This morning I found this interesting tweet from Bud, "More Appraisers members of NAR than of the App Institute, or all the other appraisal organizations combined!" There is no link to click within the tweet to find out more.
My question is this: What's the relevance of … (2 comments)
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real estate appraisers: DECLINING MARKET CONDITIONS ADJUSTMENTS APPLIED TO THE CONTRACT DATE, NOT THE SOLD DATE EXPLAINED.
- 04/19/09 03:04 PM
http://www.denhamspringsappraisers.com/ - DECLINING MARKET CONDITIONS ADJUSTMENTS APPLIED TO THE CONTRACT DATE, NOT THE SOLD DATE EXPLAINED.
DECLINING MARKET CONDITIONS ADJUSTMENTS APPLIED TO THE CONTRACT DATE, NOT THE SOLD DATE. When we easily see clear declining market proof, the exact same proof a Listing Agent can see in their own MLS, let's say of -12% in the past year, we adjust the sold comps at -1% per month and apply that adjustment to the "CONTRACT DATE", NOT THE SOLD DATE, per lending guidelines. If the appraisal is being performed on 4/1/2009 and our 3 sold comps were under contract 4, 5 and 6 months from … (0 comments)
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real estate appraisers: Appraisers AND REALTORS, Are You Reconciling HOA Budgets for Both Condos and Townhouses (Shortfalls in Reserves) In Your Value Decisions?
- 04/05/09 07:20 PM
http://realestateappraisertips.info/
Appraisers AND REALTORS, Are You Reconciling HOA Budgets for Both Condos and Townhouses (Shortfalls in Reserves) In Your Value Decisions? Is it a good idea to ask the question, "What is the outstanding balance of unpaid dues?"
I sent this reply below to a Realtor who complained that their condo listing recently didn't appraise because the appraiser was considering 2-3 short sales in the development..... It's a MUST for you to be obtaining the budgets for both condos and townhouse developments and reviewing them (updated budgets). I won't even begin an assignment on these until I have been supplied with the budget. … (0 comments)
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real estate appraisers: Real Estate Appraiser Tips On Using Dual Vertical Monitors
- 04/05/09 07:13 PM
http://realestateappraisertips.info/ - Real Estate Appraiser Tips On Using Dual and Dual Vertical Monitors
In the photo below, I have two (2) 19 Inch Dell Monitors. For the right monitor, I positioned it vertically so that I can see almost a whole page of an appraisal at a time. The benefits are that I can see more of the appraisal page and there is less scrolling needed. By being able to see one page of an appraisal at a time, I can a whole page of home photos, a whole map page at a time, a whole page of additional comments at a time, and … (2 comments)
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real estate appraisers: How To End A Day Of Appraisal Inspections - Louisiana Style!
- 03/31/09 07:30 AM
The Absolute Best Fannie Mae 1004 MC Solution On The Market Today - This IS NOT An MS Excel Spreadsheet
… (2 comments)
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http://www.realestateappraisertips.info/ - WA Appraiser Dave Towne: TAVMA letter to FRB Regarding Customary and Reasonable Fees. Dave sent this email out to appraiser on 5/12/2011 at 12:45pm. Dave asked me to post this to my national Real Estate Appraiser Tips Blog. 
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