Best Practices Archive

New Mercury Mobile App May Speed Appraisals

      A new iOS app from a la mode, the Naples, Fla.-based real estate and mortgage technology company, offers a solution to appraisal delays. The app is called Mercury Mobile. It enables appraisers in the field to respond...
February 21, 2014

10 Tips for Brokers to Help the Appraisal Process

Don’t restrict the appraiser from making an appointment to inspect the property (if your MLS uses an appointment system, use it. You will be notified of the appraiser’s site inspection).  If an appraiser calls, be responsive and provide as...

8 Ways to Boost Your Home Appraisal

From the Today Show this morning. Visit msnbc.com for breaking news, world news, and news about the economy...

Appraisal Foundation Webinar on Fair Value & Financial Reporting

The Appraisal Foundation announced a Webinar on March 16, 2011, at 1:00p (ET) on Fair Value and Financial Reporting issues for appraisers. The cost is $20 and you can register here. Discussion will focus on the following: An orientation...
February 22, 2011

A Personal Appraisal Experience

Just a brief note to share a recent experience with the appraisal process.  We are going through a full documentation refinance that requires an appraisal. First, the appraiser contacts us to schedule the appointment.  During the call he asks...

It’s Greenday

On this Earth Day we choose to play Peacemaker and take a break from the “he said-she said” that is going on between appraisers and real estate agents.  We’ll pretend today we’re all in this together and focus on...
April 22, 2010

Appraisal Foundation – February Q&A

QUESTIONS REGARDING 2010-11 REVISIONS TO THE ETHICS RULE The Appraisal Standards Board recently adopted changes to the Conduct section of the ETHICS RULE that will become effective January 1, 2010 for the 2010-11 edition of USPAP. The specific language...

My Month as “Ask the Expert”

Agents and appraisers have a lot to gain from each other, by cooperating, and each doing things right and explaining them to the other. ...

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....