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News By Edition
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Valuation Review Edition
April 11, 2016
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Chief compliance officer: ‘Closings are taking longer’ post-TRID
Posted Date: Monday, April 4, 2016
A panel discussing consumer compliance issues at the recent convention of the Independent Community Bankers of America also addressed Regulation B’s appraisal rule and its added impact to TRID. A chief compliance officer spoke specifically to the appraisal rule and how it has been received in the post-TRID era. Read on to hear what this person had to say.
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Appraisal organizations weigh in on subject of valuation standards
Posted Date: Monday, March 21, 2016
Will there be a time when all appraisers can operate under one set of guidelines? Appraisal organization leaders say that may not be realistic, but they believe standards should share many common traits, so the appraisal profession continues its reputable credibility. Valuation Review spoke with The Appraisal Foundation’s President David S. Bunton and Appraisal Issues Director John S. Brenan, along with Appraisal Institute President Scott Robinson, for an in-depth discussion on valuation standards.
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Executive addresses reports, determined value
Posted Date: Monday, March 28, 2016
A senior vice president of residential operations from the William Fall Group addressed several subject matters of interest to appraisers. Read on to hear what these topics were and what this administrator had to say.
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Chief appraiser addresses roadblocks, recommendations
Posted Date: Wednesday, March 23, 2016
Changes are constantly taking place inside the appraisal profession. While the industry is on the move, according to various appraisal organizations, there continue to be barriers and obstacles blocking the path of those looking to become appraisers. One expert, a veteran of 31 years in the industry, shared his thoughts about these roadblocks with suggestions as how to get over the many hurdles. Read on to hear what he had to say.
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AARO president: Group is ‘go to’ place for compliance
Posted Date: Wednesday, March 30, 2016
Newly installed Association of Appraiser Regulatory Officials (AARO) President Anne Petit has spent most of her career in the banking and regulatory arena, and as AARO prepares for its spring conference, Petit sat down with Valuation Review to talk about her background in the industry and what AARO can do to help appraisers toe the compliance line. Read on for the details.
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Commercial Corner: Cap rates subject of confusion
Posted Date: Wednesday, March 30, 2016
Capitalization rate adjustments can be tricky for brokers, lenders and appraisers when it comes to commercial property, in particular, gas stations and car washes where going-concern value is involved. Valuation Review spoke with a chief appraiser who deals with appraisal, litigation and related services to the petroleum and financing industry. Read on to hear what he had to say.
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Shortening appraisal review cycles on North Carolina county agenda
Posted Date: Wednesday, March 30, 2016
State law requires North Carolina counties to appraise real estate property at least every eight years, but members of the Wake County Board of Commissioners want to start appraising property values every four years in an effort to make the process more predictable. Read on to find out where this proposal goes.
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Taxpayers accuse Texas appraisal office of favoritism
Posted Date: Monday, April 4, 2016
A group of frustrated taxpayers has accused a Texas appraisal office of showing favoritism toward its staff and board of directors. Read on to find out why residents feel this way.
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North Carolina appraiser expands office
Posted Date: Wednesday, March 30, 2016
Local appraiser William Piner has opened a new office in Wilmington, N.C., for his firm, and recently earned an industry designation from a national group, according to a news release. Read on to learn more about this appraiser’s expansion.
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VP of National Association of Appraisers gets new post
Posted Date: Wednesday, March 23, 2016
Landmark Network, Inc., a leading provider of valuation management services and technology for lenders and brokers, has appointed a new chief appraiser. Read on to learn the identity of this individual and what he will bring to his new company.
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Eminent domain valuations in dispute in Alabama
Posted Date: Wednesday, March 30, 2016
The Decatur City Council in Alabama approved action seeking eminent domain condemnations on at least six properties for a road widening project. Despite at least two appraisers and an Alabama Department of Transportation official conducting evaluations, all sides reportedly could not agree on the value of several properties. Read on for more details of this case.
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NY appeals court reverses interior inspection ruling
Posted Date: Monday, March 28, 2016
Buffalo homeowners are contending the city does not have the right to send appraisers into their homes to assess value without their permission. A New York appellate court recently reversed the state supreme court ruling on the issue. What does this mean for appraisers in the state? Read on to hear more about this case.
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Software company automates appraisal processes
Posted Date: Monday, April 4, 2016
Global DMS, a leading provider of web-based complaint valuation management software, announced that CMG Financial has streamlined the management of its appraisal process from start to finish. Read on to find out more about this process and the company whose platform is making this automation possible.
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Colorado homes appraising for less than selling price
Posted Date: Wednesday, March 30, 2016
In the Denver metropolitan area, Realtors and appraisers say bidding wars may be driving up home selling prices, but appraisals frequently are coming in much lower. Read on to learn why the numbers say what they do, and what is a remedy for owners and appraisers.
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