Here is the latest article from The Appraisal Hub, an Appraisal Management Company Real estate appraising has changed a lot since the early 1980’s. In 1982, F. Gregory Opelka created the original appraisal form that fondly became known as the “The Green Hornet.” The green form, with its green ink, was straightforward. An appraiser [...]
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Is it ever appropriate to use distressed sales in an appraisal? The question is a controversial one, and the answer is important to appraisers, lenders, and appraisal management companies. The question brings out some strong opinions from proponents on both sides. A few states, including Illinois, Missouri, Maryland, and Nevada, went so far as to [...]
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As appraisers and appraisal management companies all know by now, the Uniform Appraisal Dataset (UAD) is the part of the new Uniform Mortgage Data Program (UMDP) initiative that relates to the way we complete primary appraisal forms. By standardizing field input in reports, Fannie Mae and Freddie Mac hope to enhance data quality and consistency [...]
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We are just putting the finishing touches on The Appraisal Hub blog… Stay tuned.
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