Tag: comparable sale

What is a comparable sale?

April 9April 9 eappraise staff comparable sale, comparables, comps

A comparable sale is a property, similar to the subject property in most respects (location, style, age, condition, etc.) that

I had a fantastic experience working with Desiree! Her professionalism, attention to detail, and expertise in the field were truly impressive. She provided a thorough and accurate appraisal, ensuring I had a clear understanding of the value of my properties. I highly recommend Desiree for anyone in need of appraisal services. I was lucky to have her appraise my 2 properties. Thank you for your outstanding work!

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Is a Horde of Deadbeat Borrowers Again Walking Among Us? November 4
There are signs of a new horde of deadbeat borrowers, but the foreclosure filings are being delayed and masked by the government itself. Some of the current deadbeat borrowers will learn to expertly work the system… In 2022, a San Ramon, California, couple who hadn’t made a mortgage payment since 2009 was finally evicted. Anita […]
Jeremy Bagott
FHFA’s Appraisal Waivers Expansion October 29
The Federal Housing Finance Agency’s (FHFA) recent push to expand the use of appraisal waivers represents a concerning and potentially disastrous gambit that threatens to undermine the integrity of the housing market and the broader economy as a whole. The recent announcement from the FHFA Deputy Director Naa Awaa Tagoe regarding the expansion of appraisal […]
AppraisersBlogs
The Great Debate on Appraisal Fees October 28
She included several different fee split examples indicating AMCs retained as much as 70 percent of the total appraisal fee paid by the borrower, which prompted her to stop working with AMCs because of the lack of transparency. The appraisal industry is abuzz with a discussion about appraisal fees. The Consumer Financial Protection Bureau (CFPB) […]
Isaac Peck
Lack of Evidence, Appraiser Challenges Discrimination Claims October 24
The next morning I went to my trusted AI program and asked if there was any evidence of bias. “Where is the evidence?” The issue of perceived bias and discrimination in the appraisal industry has become a highly contentious and polarizing topic in recent years, sparking intense debate and controversy. At the heart of this […]
AppraisersBlogs
NFHA’s False Narrative Undermines the Appraisal Industry October 18
A barrage of billboards, magazine ads, and TV/radio public service announcements is being used to amplify and spread this false narrative. The latest attack on the appraisal industry is being spearheaded by the National Fair Housing Alliance (NFHA) and the Department of Housing and Urban Development (HUD), who are aggressively pushing a false narrative of […]
AppraisersBlogs
How Deep Fakes Have Burrowed Into Home Finance October 14
Fannie and Freddie have been toiling at the coalface of “synthetic appraisals” – “black box valuations.” In the 1960s, technocrats at the Pentagon used the latest IBM mainframe computers to analyze complex data related to the Vietnam War. Planners fed punch cards into the machines and ran endless simulations, hoping to determine strategies for winning […]
Jeremy Bagott
New UAD Overhaul: What Appraisers Can Expect in 2025 & Beyond September 19
Folks, I recently attended a Train the Trainer 1.5 day class about the new UAD/URAR, jointly facilitated by Fannie Mae, Freddie Mac and Aloft. About 20 other instructors from across the US were also present. This class is required before this new UAD material can be taught to other appraisers, under contract with the GSEs. […]
Dave Towne