COD At The Door?

In the past, it was common for appraisers to collect their fees directly from the borrower at the time of the property visit (i.e., at the door).  I would take … Read More

Maintaining Your Standards as a Mentor

The Appraisal Foundation recently announced that they are lowering their standards for appraisers to get their appraiser licenses. Prior to April 30, 2018, licensed general appraisers needed 2,000 hours of … Read More

Reconciliation

How do you reconcile between the value indications of the three approaches, or even between the range of value indication in even one approach? How you answer this is important … Read More

Quality and Condition Standards

Even years after UAD was first implemented, there remains some confusion over the quality and condition rating regulations within the appraiser community. Let’s talk briefly about Fannie Mae’s regulations concerning … Read More

Appraisers and the Golden Rule

As all appraisers are human, we are bound to make mistakes. I personally have never had a perfect appraisal report, and I think you would be hard-pressed to find a … Read More

Location, Location, Location

It’s one of the oldest sayings in the industry and you’ve all heard it a million times before. “What are the three biggest rules of real estate? Location, location, location.” … Read More