Appraisal & Valuation Archive

Appraised for $258k Less than Contract Price, Posted by Steve

The title of this blog pretty much sums up my feelings on the Home Valuation Code of Conduct. I have been hearing about appraisal problems from my agents and in every state I have visited this past year. Now,...
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September 29, 2009

Two Appraisal Hoops Too Many, Posted by Gary

NAR continues to do everything it can to support REALTORS® in business and to keep an eye on regulatory issues that present difficulties for members and consumers. One such rule from the FHA states that some properties that exceed...
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August 27, 2009

Summer Update: Good News from Making Home Affordable Program, Posted by Gary

We’ve made it to the dog days of summer, and it’s already proven to be a heated season in Washington. I wanted to update you on some good news from the Making Home Affordable program as well as keep...
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August 5, 2009

REALTOR Concerns Prompt Action on Appraisals, Posted by Charles

Earlier this month, I blogged about my meetings with the New York Attorney General’s Office, the Federal Housing Finance Agency, and Fannie Mae to share our concerns about the Home Valuation Code of Conduct. I also mentioned the ongoing...
July 25, 2009

Appraisal Update, Posted by Charles

I just returned to Texas after a whirlwind trip to the east coast, where I met with the New York Attorney General’s office and officials from the Federal Housing Finance Agency and Fannie Mae. The topic: appraisals, and specifically...