Facing a declining housing market, the U.S. Department of Veterans Affairs (VA) distributed a document (Thursday, December 06, 2007) reaffirming that the agency requires appraisals at fair market value for properties used as security for a VA loan. Download Circular 26-07-4 -Valuing Properties D
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12/13/2007
Matt Johnson of www.lasermeters.com and ww.appraiserdepot.com has announced the introduction of yet another product to the Leica line of laser measuring devices. The new DISTO™ D3 is a multi-functional "pocketable" measuring device with an integrated tilt sensor and a lighting detector that aut
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10/16/2007
Would you like to FEEL the Irrational Exuberance of Robert Shiller's A History of Home Values 2nd Edition housing values (from 1890 to present) plotted to a realistic roller coaster?! Come on! Take a BREAK! Climb aboard the Home Value Roller coaster . . . . If you'd like to take a peek at what
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10/16/2007
WASHINGTON -- The Antitrust Division of the Department of Justice launched a new Web site today to educate consumers and policymakers about the potential benefits that competition can bring to consumers of real estate brokerage services and the barriers that inhibit that competition. Among its f
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10/10/2007
Brian J. Davis, RAA - Brian Davis & Associates - Brian has over 23 years of appraisal experience in Central, IL and hosts the Appraisal Scoopblog and the WinTOTAL Users Group an email forum for appraisers.
10/03/2007
The September 2007 USPAP Q&A has been issued by the Appraisal Foundation and covers the following questions: Download September 2007 USPAP Q&A pdf (29.8K) Can I authorize someone else to sign an appraisal report for me? Is an appraiser required to use software that allows the user to authenticat
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09/30/2007
Earlier this year the ASC, (Appraisal Sub Committee), ordered all states to comply with their Policy Statement 10: The Scope of State Agency Enforcement Programs. This statement requires every state to perform a work product review on every licensee issued a Certified Residential or Certified Ge
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09/30/2007
Rep Paul W. Hodes introduced House Bill H.R.3535 to create the Homebuyer's Protection Act of 2007 on 9/14/2007: To amend the Truth in Lending Act to require escrow accounts for the payment of property taxes and insurance for all subprime loans, and to expand the coverage of the appraisal require
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09/25/2007
The concept of regression might sound strange because the term is normally associated with movement backward, whereas in the world of statistics, regression is often used to predict the future. Simply put, regression is a statistical technique that finds a mathematical expression that best descri
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09/16/2007
Who can forget the famous line from "The Jerk" where Steve Martin's character Navin R. Johnson first sees his name in the phone book?"The new phone book's here! The new phone book's here! This is the kind of spontaneous publicity I need! My name in print! That really makes somebody! Things are go
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09/14/2007