Kenneth's Blog

One or a few matched pairs is hardly conclusive proof of a market trend.   Matched pairs are flawed as at technique and essentially meaningless because they can achieve ANY result you want them to by simply searching for a pair that supports your desired conclusion. It is always a treat in litiga...

A quality orientated commercial and industrial real estate appraisal firm based in Wantagh, Nassau County, Long Island, New York; experienced in appraising commercial / industrial properties and land throughout Nassau, Queens, Kings and Suffolk Counties. Where Your Complete Satisfaction is the Re...

A Retrospective Real Estate Appraisal is used to estimate the market value of real estate/real property as of a point in time in the past. For Example: The real estate appraiser was tasked with providing the market value of real property 10 years earlier, which was the date of a [death, gift, mar...

Manipulation of the appraisal process by mortgage brokers, commissioned loan officers and real estate brokers/agents has been the dirty little secret of our industry for over 20 years and has become increasingly more rampant over the last 5-7 years. IMHO, the HVCC, regardless what final shape it ...

A bill to diminish predatory lending by enhancing appraisal quality and standards, to improve appraisal oversight, to ensure mortgage appraiser independence, to provide for enhanced remedies and enforcement, and for other purposes. The proposed Fair Value and Independent Appraisal Act , introduce...

The letter urges Withdrawal of GSE Co-op Agreements... The letter, dated 6-19-08 (well after the 4-30-08 close of the "comment" period), cites requirements that would undermine the safety and soundness of the mortgage credit system, reduce the availability of mortgage credit, and lead to less rel...

OFHEO ANNOUNCES FIRST QUARTER 2008 MINIMUM AND RISK-BASED CAPITAL CLASSIFICATION FOR FANNIE MAE and FREDDIE MAC WASHINGTON, DC - James B. Lockhart, Director of the Office of Federal Housing Enterprise Oversight (OFHEO), the safety and soundness regulator for Fannie Mae and Freddie Mac, classified...

Are Residential Real Estate Appraisers Soon To Become An Endangered Species? There is growing pessimism in the air, particularly concerning the future of residential real estate appraising as we have known it. The future will be bleak indeed for those who insist upon approaching the future by hop...

Marketing To Your Existing Client Base - Keys To Business Growth And Profitability "There are only two ways to grow a business - marketing and innovation. Everything else is a cost." (Peter Drucker) The only real opportunity most of us have to gain competitive advantage and grow our business is i...

  Appraiser Marketing: Create A USP - Unique Selling Proposition Why do we need a USP? - It is crucial to establish a Unique Selling Proposition (USP) or advantage that your potential client will instantly recognize. Without one you are really projecting an image that you are just like everyone e...