Appraisal Business Operation
Surviving an Appraisal Apocalypse
I'm an appraiser and an optimist who survived the Savings & Loan crisis of the 1980's and 1990's and its fallout including the implementation of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989. It appears to me that the remaining banks have finally learned to stay away from making loans on vacant land, it only took them seventy years or so to learn that lesson. If you were in the real estate appraisal business in 2007, and lived through the subprime mortgage crisis, then you have likely already survived one of the worst market blowouts that has ever Continue reading →
Cancel that Appraisal !
There are not many things that are more deflating than accepting an appraisal order made by a bank, individual or company and then having them turn around and cancel it. It's not so bad when it has only been a few hours, because by then I probably only have 50 to 100 files downloaded on the property plus the searching that I have completed in my work files, but when its been days I can have invested several hours and literally hundreds of files in my work file. Continue reading →
Searching for Appraisers and Appraisal Services Online
Do banks search for appraisers online? It’s a reasonable question to ask. Banks generally form appraisal relationship within their local communities where they do most of their business or like many they work through an appraisal management company (AMC), but some search online when they have a customer who wants to buy a home and secure a mortgage for it in another state. Sometimes an appraisal is needed for a purchase and other times an appraisal is need for a home improvement loan, but either way banks feel comfortable finding their own out-of-area appraisers and many do search online. Continue reading →
Using Excel for Appraisal Graphs
If you are willing to take the time to work with Excel you will find that the program offers a number of options that will provide great analytics and professional-looking chart result. The program is well-suited to real property since you can keep data on a single property in rows or in columns. Continue reading →
Top Categories
- Appraisal Business Operation — 4
- Real Estate Markets — 2
- Residential Appraisal — 2
- Going-Concern / Business Appraisals — 1
- Industrial Appraisal — 1
- Real Estate Finance — 1
- Report Writing — 1
- Technology — 1
- Valuation & the Law — 1
- Valuation / Appraisal Process — 1
- Value Influences — 1
- Appraisal Education — 0
SITE FOR SALE
This "sister" website to our established Appraisal Articles website that is located at www.appraisalarticles.com is FOR SALE or for lease together with 100 custom written appraisal-related articles
Included with a purchase is the transfer of the URL, use of the website template, 100 custom written articles that display the buyer as the author with email contact and backlinks, 3 years of free hosting and free troubleshooting.
Contact me if you are interested at grigdon@cox.net.
Random Articles
Searching for Appraisers and Appraisal Services Online
Do banks search for appraisers online? It’s a reasonable question to ask. Banks generally form appraisal relationship within their local...
Cost-to-Cure Appraisal Estimates
Appraisers are often put into situations in which they must estimate the cost-to-cure various items of deferred maintenance or the cost to...
What Appears Simple May be Complex
Appraisers try to find comparable property sales that are in the immediate vicinity of the property they are trying to appraise. For residential...
Do Marijiuana Laws Affect Real Property Values?
Being told by market participants that they were influenced by the changing marijuana law in Nevada caught me off guard. It never occurred to me...
Using Drones for Appraisal Inspections
With the wide proliferation of quality drones I have begun using them for some of my properties. When properties are large, roadways sparse,...