Appraisal & Valuation Archive

Utah Legislature passes bill to regulate Appraisal Management Companies

The Utah Legislature recently passed a bill that would regulate Appraisal Management Companies. The measure requires AMC’s to register with the Division of Real Estate of Commerce before they can legally operate within the state of Utah. The bill...
March 10, 2009

Appraisers Brace for Industry Change

Great article from a San Francisco news site on the potential impact of the HVCC. Right now, many of the appraisers are scrambling to get on “the lists” of AMCs and lenders. There should still be jobs to go...
March 10, 2009

How Baltimore Ensures NSP is NOT Destabilizing Their Market

The Neighborhood Stabilization Program requires that a foreclosure be purchased for 15 percent below market value. This requirement has caused concern among some that the discount requirement will result in a steeper decline in housing prices and further destabilization....

“I doubt that when it rains, people blame the weatherman”

One of our fellow Realtor® Appraisers, Don Orttenburger, recently wrote a letter to the Editors of the Detroit Times, defending appraisers: The tenor of the Feb. 16 article (“Builders losing on new homes”) was that if appraisers just found...
March 3, 2009

North Carolina Introduces Legislation to Regulate Appraisal Management Companies

A bill has been drafted in the North Carolina legislature that would regulate appraisal management companies. To summarize, the bill would require Appraisal Management Companies to register with the state appraisal board. The bill would also prohibit AMC’s from...
February 27, 2009

Radio Show to discuss HVCC and AMC’s

Frank Gregoire will be a guest on the MyTechnologyLawyer.com radio show. He will talk about the regulation of appraisal management companies and the HVCC. MyTechnologyLawyer Radio Show – Real Estate Appraisal Series: Francois (Frank) Gregoire (Gregoire & Gregoire, Inc.)...
February 25, 2009

Appraiser Facebook Page

NAR has set up a Facebook page for appraisers. This will allow appraisers to network with each-other and hopefully help the profession stay cohesive. You can access the Facebook page, by clicking the link below: Appraiser Facebook Page For...
February 25, 2009

Washington State may Eliminate Appraisal Board

From Appraiser News Online, the Governor of Washington has introduced legislation that would eliminate the state’s appraisal board: In an effort to trim the state’s budget, Washington Governor Christine Gregoire has proposed legislation that would eliminate the state’s Real...
February 23, 2009

Appraisers Upset Over New Rules

From Ft. Worth Texas, another article on the Home Valuation Code of Conduct: Money quote: Kenneth Jones, a Realtor as well as a 16-year veteran appraiser, said his options are limited if he wants to continue to work: join...
February 17, 2009

Appraisal Foundation seeks Comments on White Paper

The Appraisal Foundation is looking to write a White Paper on appraisal regulatory reform, and they are seeking your comments. Possible topics for the white paper include: - Implement National Licensing or Registration Requirements for Appraisal Management Companies. -...
February 12, 2009