Valuation Insights & Perspectives articles

Recent articles from Valuation Insights & Perspectives

100 yellow bicycles, three comps.(behind the scenes)
March 22, 2009... As a Portlander (Oregon) and Chicagoan (current), as well as editor, 1 am excited to present our second sustainability issue, following our Second Quarter 2007 issue, for which hardly anything concrete about the genre was known, other than the fact that it was ready to explode. Despite the...

Advocating for a better future.(on point)
March 22, 2009... In addition to the headline-grabbing Home Valuation Code of Conduct, which went into effect May 1, and for which the Appraisal Institute is offering a wide array of informational resources (see page 8), another piece of legislation having a huge impact on the appraisal profession has come...

HVCC resources: FAQs, telebriefing, myths document.(News for Appraisal Professionals)
March 22, 2009... According to the Home Valuation Code of Conduct, which went into effect May 1, mortgage loans originated by lenders from there on out and after must comply with the Code in order to be eligible for sale to Fannie Mae and Fred die Mac. The Appraisal Institute has promoted a variety of...

Freddie says "no" to BPOs.(News for Appraisal Professionals)
March 22, 2009... On March 31, Freddie Mac revised its Seller/Servicer Guide to strictly prohibit its lenders from using broker price opinions to value properties for mortgage purchases. Though Freddie had refrained from using BPOs as a matter of policy, the changes made to section 44.7 of its Selling Guide...

Form 1004 MC in effect; free Webinar available.(News for Appraisal Professionals)
March 22, 2009... Fannie Mae's revised "Market Conditions Addendum to the Appraisal Report" (Form 1004MC), required for all one- to four-unit properties financed through the agency, went into effect April 1. In response to the changes, the Appraisal Institute is offering a free Webinar prepared in conjunction...