Approaching Retrospective Appraisals

Wednesday, November 20, 2013

When Hurricane Sandy made landfall just over a year ago, no one could have predicted the immense damage it would cause. In the United States alone, 24 states were impacted, New York and New Jersey most severely.

That's why both those states are now offering to buy damaged homes from willing sellers at pre-storm values—in order to replace those homes with open land that can serve as buffers for future storms. To determine those pre-storm values, the state is relying on appraisers.

Clearbox 2.0

Monday, November 18, 2013

The new era in Appraiser, lender, and AMC relations has arrived. Clearbox has launched their totally redesigned and revamped website. This totally new responsive design allows subscribers to manage their profile in the palm of their hand. The user dashboard has also been modified to make registering and filling out your profile a breeze. We sat down with Joan Trice to ask her about the new Clearbox 2.0 and find out what some of the major changes are.

The Transparent Real Estate Transaction

Wednesday, November 13, 2013

Remember this phrase: The Transparent Real Estate Transaction. With the level of detail required in today’s appraisal reports it is time for the real estate industry to move toward full and clear disclosure of sales concessions or unusual sale terms in the post-closing section of MLS, allowing all participants in a real estate transaction to analyze comparable data with knowledge of an accurate net sales price.

Speaking about Appraiser Events with Ken DeFeo of Union Bank

Friday, November 8, 2013

Vice President of Residential Appraisal at Union Bank®

Allterra Group, LLC, a national real estate appraisal continuing education provider, has joined forces with Union Bank and Rabobank to provide several seven (7) hour continuing education courses across the West Coast. We were able to sit down and speak with Ken DeFeo about Union Bank's involvement in these conferences.

Achieving the Impossible

Wednesday, November 6, 2013

The experts said it was a physical impossibility. The human body was not designed to do it. It was not a 'maybe.' It was not a 'someday it might be possible.' It was a 'not gonna happen.' Then, in the 1950's, a man decided that it was not only possible… he was going to be the first one to do it. On May 6, 1954 he was. Roger Bannister may not be a household name, but he is an inspiration to those who know his story. He was the first human being to run a mile in under four minutes. Six weeks later, another man did it.

Understanding the Underwriter Interview

Monday, October 28, 2013

We hear from so many of our subscribers about the contentious relationship appraisers have with Loan Underwriters. We thought it would be a good idea to try and get into the mind of the Underwriter with a live webinar so that our subscribers can ask anything they ever wanted to know about the loan process from the underwriter's perspective. We were able to chat with Marianne Nover, VP - Valuation Officer for Frisco Lender Services, LLC., who will be leading the discussion on this topic during the webinar on Wednesday November 13th.

Discussing Regulation that Affects Appraisers

Friday, October 25, 2013

There are a few things that let you know that summer is officially over every year. The leaves begin to change color, there is a slight chill in the air, pumpkins are placed on doorsteps, and the Association of Appraiser Regulatory Officials (AARO) holds their Fall Conference in Washington D.C. I was lucky enough to head to D.C. and participate in the conference again this year. It was a great chance to hear about the upcoming changes that are sure to change the appraisal industry.

Let Them Eat Cake

Wednesday, October 23, 2013

I read with interest an article in American Banker a week ago written by Clifford Rossi. The article can be found HERE. I spoke to Dr. Rossi briefly last week to inquire of his background. We had a fascinating, albeit brief conversation with a promise to meet up in person in Washington DC in a few weeks.