The other day while casually scanning some employment ads in a local newspaper, I noticed something that had never caught my eye before. Most, if not all, of the advertisements specified that interested job applicants were required to respond to the ad electronically, and not physically present themselves in person or by telephone. Furthermore, most… Read more
For most of us, we have already received the first half tax bill from the county, or it will be soon on its way. For appraisers, this particular time of year can open avenues for additional clientele, apart from the typical mortgage lending appraisal work. Questions often arise from appraisers about the propriety of seeking… Read more
Tim Detty, CDEI Certified General Real Property Appraiser AQB Certified USPAP Instructor Hondros College Appraisal Lead Faculty Senior Editor, Appraisal Programs – Hondros Learning Recently, I have been receiving numerous questions regarding revision requests received from lending clients and Appraisal Management Companies (AMC). One question in particular that is frequently received, and has also been… Read more
FHA has updated and expanded the Single Family Housing Policy Handbook, which will take effect on June 15, 2015. The handbook is available for download by visiting HUD.gov/Audiences/Appraisers. There are numerous changes and edits to the handbook that directly impact the appraiser’s acceptance, development, and reporting of an FHA appraisal. Key areas that have been expanded… Read more
Ohio Appraising for the Supervisor and Trainee is here and ready! This intriguing course commences with an overview of national and state appraisal regulatory bodies as well as a comprehensive discussion of the minimum AQB qualifying criteria for Supervisory Appraisers and the various appraiser classifications. Obligations of appraiser ethics and competency are also discussed with… Read more
Remember when Fannie Mae and others implemented the 1004MC, Market Conditions Addendum? How about the Uniform Appraisal Data set? What do these events have in common? Appraisers nationwide bemoaned that the end was near for appraisers and the appraisal profession. Okay, maybe the reaction wasn’t quite that dramatic, but human nature has a way viewing change… Read more