Arm's length transactions seem to have a slightly different meaning depending on who is asked, leaving them somewhat open to interpretation.
Appraisers may find that more buildings are being built with reclaimed or reused building materials, which means they need to adjust their approach to accurate reflect the values of these elements within homes.
In order to get the most complete picture of a home's value, appraisers need to understand how to use concessions effectively.
The available evidence suggests professional valuations are already picking up on the robust interest in green real estate.
In the construction of brand new homes, the appraiser must follow a few key guidelines to ensure an accurate and honest value judgment.
A recent survey on loan data indicates mixed effects on the loan application process after TRID.
With the sharp uptick in recent home sales, appraisers are in higher demand than ever, at least as far back as the last 10 years.
Real estate agents, appraisers and homeowners should all work together to make the home buying or selling process smooth for everyone.
The U.S. Department of Housing and Urban Development recently unveiled new guidelines for appraisers conducting valuations for FHA loans.