Real Estate News - Omni Appraisals

Appraisal Scoop:

TAVMA writes letter to delay paying appraisers reasonable fees - Says VA Fees " . . . artificially inflate appraisal fees in most markets"

9/3/2010 5:47 AM

Appraisers . . . please read a letter written by Jeff Schurman, Executive Director of TAVMA - Title/Appraisal Vendor Management Association to the Board of Governors of the Federal Reserve System urging them to delay implementation of the appraisal fee...

The Case for Centralized Appraisal Ordering - Part 2 - Benefits

9/3/2010 5:47 AM

Guest Post by Fred Rossiter - State Certified Residential Appraiser - Seahaven Appraisal Services This is the second of a two-part series presenting a case for, and benefits of, centralized appraisal ordering Benefits of Centralized Ordering: Because the lender is...

The Case for Centralized Appraisal Ordering - Part 1

9/3/2010 5:47 AM

Guest Post by Fred Rossiter - State Certified Residential Appraiser - Seahaven Appraisal Services This is the first of a two-part series presenting a case for, and benefits of, centralized appraisal ordering. For there ever to be true appraiser independence,...

FREE Valuation Tools and Webinar - Upcoming Hands-On Regression Seminars

9/3/2010 5:47 AM

You are invited to the second of two FREE regression webinars hosted by David Braun, MAI of AVT. It will be August 25th at 2:00 EST. Click here to register. To watch the video of Webinar 1: “Introduction to Regression...

Fannie Mae Photo Requirements - Effective Sept. 1

9/3/2010 5:47 AM

Fannie Mae’s post-purchase reviews of mortgage loan files have identified issues with appraisals. As a result of those reviews, new policy requirements and clarifications concerning existing lender requirements are being added to a number of appraisal sections of the Selling...

Geographic Competence Not Clearly Understood

9/3/2010 5:47 AM

GUEST AUTHOR: Micheal W. Armentrout, VP AM Appraisals, Inc. Mike has been involved in full time real estate valuation since early 1992 and has experience in numerous Central Ohio markets. It seems as though a recent trend with some clients...

FDIC Announces Open Door Policy for Regulatory Reform Rulemaking

9/3/2010 5:47 AM

Appraisers…… You can participate with the new appraiser independence regulations that are being crafted as a result of the Dodd-Frank financial reform bill. http://www.fdic.gov/news/news/press/2010/pr10187.html "To seek input from the widest audience possible, the public can submit views via email on...

When are Usual and Customary Fees’ applicable to appraisal assignments?

9/3/2010 5:47 AM

Appraisers……. I spent time Wednesday 8/04/10 discussing the Dodd-Frank law, and the “Usual and Customary Fee” mandate within it, with an experienced appraiser on the east coast. Also Wednesday, two e-mails arrived which ask appraisers to fill out a ‘fee...

An optimistic pessimist, or a pessimistic optimist? - Dodd-Frank Financial Recovery Bill

9/3/2010 5:47 AM

An optimistic pessimist, or a pessimistic optimist? I’m not sure which I really am, although I tend to lean in the optimistic direction whenever possible. This relates to the brand new, hot off the presses after a year+ of vigorous...

Draw Plats from Legal Descriptions on Your iPad

9/3/2010 5:47 AM

From James' Real Estate Business Blog: "A new app I just downloaded for my iPad is called Metes and Bounds. I decided to test it the minute it opened with a current deal and entered 25 calls from the legal...