Editor’s Note: Lore DeAstra is our resident FHA expert and author of the FHA Inspection Checklist, Checklist Instructions and eManual. The eManual is recently updated with 23 new pages of material, visit https://www.workingre.com/fha-checklist-ebook/.
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Editor’s Note: Veteran appraiser and expert Jo Anne Meyer Stratton explains the difference between manufactured and modular homes- there is more than meets the eye.
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Editor’s Note: Fast becoming one the profession’s most pressing problems, another AMCs has failed; this time leaving individual agents/brokers owed thousands or tens of thousands of dollars. How the lender and regulators respond may create important precedence for the industry. AMC Fails: Appraisers and Agents Stiffed Again By Isaac Peck Evaluation Services/ES Appraisal Services is…
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Editor’s Note: One appraiser with considerable experience as an “ordering agent” for lenders- a kind of AMC, has practical advice for fellow appraisers on the effective use the “conditional decline” to get more high-paying orders.
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Editor’s Note: In this story, USPAP instructor Bryan Reynolds offers some solid advice on making the best of what can be a difficult situation: dealing with an attorney and going to court.
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Editor's Note: Most appraisers know how to be form fillers but an appraiser who is a good businessperson also, is harder to find. Here are some tips from the field.
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Editor’s Note: There are good reasons for reporting claims and incidents when they happen. Here is vital information, that even seasoned inspectors may not know, that can save you anxiety, money and maybe even your business. If you’re an appraiser, much of this story pertains to you as well
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My first commandment for appraisers is: Know the truth and let the truth set you free. In this context, it means that you are in control of both the appraisal development and reporting. Therefore, let no person coerce, threaten or influence your objectivity, impartiality, or independence.
After that, and based on my 10 years’ experience as…
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Editor’s Note: With declining values come lawsuits and complaints. Somebody has filed a complaint against you with your state’s appraisal board. Now what do you do? Tim Andersen, MAI gives you some suggestions.
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As appraisers and review appraisers, some of us have seen fellow appraisers relying on building area size data from leases, the local assessor’s offices, property managers, developers, blueprints, etc. The whole key and foundation for an accurate appraisal is calculating the measurements and quantities correctly. Outlined below are a few examples of when problems may…
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