Our blog is full of tips and tricks to help you and your clients throughout the appraisal process.
Did you know Fannie Mae permits appraisals to be based on the “as is” condition of the property…if there are minor conditions of normal wear and tear. Keep reading to find out what is considered “normal” and other tips to help get the appraisal report off your desk. VIEW NOW
As we all know not every property is “cookie cutter” and an appraisal report can get frustrating so instead of getting a headache, we have created a blog just for you. Please check out our blog Top 10 Reasons to Stop and Call… VIEW NOW
Do you know that failure to recognize and comment on external influences in a appraisal report, positive or negative can result in multiple revisions? For more information, Click Here
For many in our industry, the MBA Conference 2017 will be the highlight of our year (professionally). The annual event put on by the Mortgage Bankers Association not only draws CEOs, VPs and senior managers from banks and business models of all types, but also government agency representatives and regulators. It’s one of the best […]
Finding reliable appraisal management services is imperative for every mortgage loan originator, borrower, processor, underwriter and closer. Quick turnaround times are important. But you also need to be sure that the appraisal management company you work with adheres to all Federal Housing Association (FHA) and Uniform Standards of Professional Appraisal Practice (USPAP) requirements. Class Appraisal […]
NAMB National 2017 is just around the corner, and we couldn’t be more excited for this year’s conference. The annual event hosted by NAMB, the association of mortgage professionals, will take place October 14-16 at the Rio All-Suite Las Vegas Hotel and Casino. The 55,000 square feet of space allows for an exciting combination of […]
September is national mortgage professional month. Officially proclaimed by the National Day Calendar in 2015, the month is meant to celebrate all mortgage industry professionals who play a role in helping people finance their dream of owning a home. At the beginning of the month, Class Appraisal Vice President of Sales and Marketing Jon Tallinger […]
Appraisal management company requirements are different in every U.S. state. That’s why choosing a nationwide AMC means looking for more than just a proven track record of turning around appraisals quickly. The company needs to show an understanding of the rules and regulations governing the appraisal process in each of the fifty states. To date, […]
A disaster area inspection report (DAIR) is required for properties that have been recently appraised in areas where the FEMA has declared a disaster, such as a wildfire or severe weather storm. The first thing lenders need to understand is that it may not be allowed or safe for an appraiser to inspect the subject property […]
The benefits of working with top appraisal management companies (AMCs) are myriad: better turn times, more accurate reports, mitigated collateral risk, clear communication, quality service and more. But there are hundreds of organizations to choose from. How can you determine which ones are the best? Needless to say, we know quite a bit about the […]