Real Estate Appraiser Training – Education

Appraising a Deteriorating Market

Editor’s Note: Appraisers must watch for signs to try to understand market changes. Most are economically fueled, but other factors, such as the desire of families to move away, might be part of the changes as well. Many of the potential signs and factors are covered in this story by Beverly Bayer. Appraising a Deteriorating… Read More

Clarifying Copyright

Clarifying Copyright (by Someone Who Knows) by Tim Vining, MAI As the appraiser who brought suit in federal court for copyright, I wish to address and clarify some comments made in writing in other appraisal industry publications. Whether you realize it or not, once pen is put to paper the author has copyright protection. In… Read More

Everything You Don’t Know About Measuring (Really)

Editor’s Note: Appraiser Pat Butler shares little-known but common measuring mistakes, reveals why two competent appraisers might produce varying sketch measurements and provides the best ways to reconcile the differences. Everything You Don’t Know about Measuring (Really) By Patrick J. Butler An important part of the appraisal review process performed by relocation companies and others… Read More

New Niche: Understanding Replacement Cost

Editor’s Note: At a recent conference, Fannie Mae’s Mark Simpson, Director Property Standards, Single-Family Credit, shared how insurance industry changes offer appraisers a new opportunity to provide lenders with an additional service: replacement cost data. The data is used to determine an appropriate level of hazard insurance for Fannie loans. Fannie requires hazard insurance that… Read More