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,...
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...
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...
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...