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There are some important considerations for appraising a business during a divorce: Engage with an Experienced, Credentialed Valuation Expert Business valuation is a specialized field. Engaging a certified appraiser with experience in divorce cases ensures an unbiased and thorough assessment.
Nepotism is not happening in the appraisal world. Something not even possible for most appraisers or appraisal firms. This is what makes the third party management such as the amc industry so extra ordinarily damaging and nefarious when applied to appraisers. In reply to Mark E Hastert. Post this again I suppose.
Jonathan, your post highlights an incredibly important and often overlooked issue in today’s real estate market: the proliferation of appraisal waivers and the resulting data cancer thats infecting property valuations. Sacramento Real Estate Appraiser 0
Nygard oversees a staff of appraisers and real estate analysts who review and perform Market Value Appraisals worldwide as well as conduct various analyses including Lease – Purchase, Lease vs. Buy and Fair Market Rent Analyses. Embassy and Consulate facilities and other real estate worldwide. To a typical U.S.
But , after 40 years in the appraisal business, this discrimination issue just reinforces how politically WEAK the appraisal profession still is. The professional is a easy for “target for blames” The appraisal professional gets the blame for everything that goes wrong within the mortgage lending business.
link] who are they going to blame this time…the appraiser 0 Thus, thanks to that home price appreciation, it costs a good deal more now to buy the same house than it would have back then in 2020.
Because nothing says “we appreciate you” like slapping appraisers with a new $19.99 Appraisers are understandably fuming. If anything, this fee just confirms what appraisers have suspected all along: were the golden goose, and theyre just seeing how many more eggs they can squeeze out before we revolt.
And the word is totally not applicable to the appraisal industry. .’ That’s the new liberal slander for ‘family businesses’ They’re really reaching deep lately with innovative trolling. You think we’re getting special favors and insider connections, lofty promotions because our parents manage anything?
Obtaining a food manufacturing equipment appraisal is the best way to learn the value of your equipment before making business decisions. In this article, we will explain when a food manufacturing equipment appraisal can help and how to obtain one. If you need a food manufacturing equipment appraisal, Peak Business Valuation can help!
Bitcoin mining businesses have gained popularity due to the rise of cryptocurrencies and, therefore, operate in a volatile, tech-driven environment, which will create unique challenges for a certified appraisal professional. As a result, a separate tangible asset appraisal should be conducted along with the overall business valuation.
There are many reasons why now is a good time to get your small business appraised. With a current appraisal in hand, youre equipped to make more informed and strategic decisions. With a current appraisal in hand, youre equipped to make more informed and strategic decisions. Business appraisals are a powerful benchmarking tool.
Well, folks, if you thought your biggest headache as an appraiser was dealing with an overgrown lawn, a garage full of feral cats, or a homeowner who swears their 1970s shag carpet adds value, think again! The real nightmare isnt the questionable home dcorits HUDs relentless, baseless investigations targeting appraisers like Kenneth Mullinix.
Appraising an assisted living facility requires a multifaceted approach, as these businesses typically involve both real estate and healthcare components. An appraiser will look for consistent revenue streams, high occupancy rates, and stable expenses in an optimal business situation.
They should pay all appraisers for billions in lost revenue. 80,000 current appraisers. Three quarter of the appraiser population effectively excluded from being of service to the american public via restraint of trade practices. In reply to Mary Thompson Thompson. Mary thompson: class action suit.
In reply to Pray Hard. Admin tried that. Some posters were getting downvoted so much their comments became invisible with this click through to read thing which is an option for these types of websites. Did not work, so only upvotes. Admin actually puts in a ton of work to keep this site going the way it currently works.
Kudos to Kenneth for taking a stand, and hopefully, more appraisers will come together to fight this battle. No professional should have to operate under constant fear of being arbitrarily blacklisted or investigated without due process. If the system isnt working fairly, its time to change it.
appraisers are way too busy preparing home appraisals at low fees and ridiculous turn times to keep up with the injustices unfairly dump on the appraisal profession. In reply to Baggins. Nothing new…… the beat goes on.
UPDATE Class Action Suit: The HUD PAVE Initiative and the Systematic Attack on Independent Appraisers Over the past few years, the U.S. The real goal of these investigations appears not to find racism but to make the investigation itself the punishmentruining the health, finances, and careers of appraisers caught in HUDs system.
This happened frequently in 08 with an appraiser completing 400 assignments in a month by use of unlicensed appraiser’s, appraiser’s with licenses revoked and trainees to make it all work, but signing off on the single appraiser’s license. In reply to Pray Hard.
Appraisers will get sued for discrimination for NOT accepting appraisals in those type of markets. The PTB will then double down on DEI and hiring for anything that moves that is not an old white man to appraise these properties. In reply to Pray Hard. Gotta keep pushing the narrative.
In my market area the vast majority of the appraisers are Nepo or Good Ole Boy hires. There was one black appraisal firm and nearly all of the appraisers in that firm were Nepo hires too. In reply to Giddyup. Don’t know about that. It’s been the nature of the profession to hire from within.
Perhaps they will resort to the Tony Soprano form of appraiser justice. For those who didn’t, Google “sopranos episode appraiser”, enjoy and have a moment of lativity.? In reply to Spencer Paul. Tongue in check.
Yes, if a “Class Action” suit comes to fruition and appraisers and the lawyers involved would take that part of the appraisal industry into the fold, then absolutely “YES” that charge would be added. The potential law suit is to protect all aspects of the appraisal industry that has been effected.
Ego as well) Appraisers are not against change when it is logical. Oh, and the increased data theft from appraisers. Yes, selective blindness and ignorance is a big problem with some of the responders. This is not. Especially when you take into account the increased use of PDCs, hybrids, trash products and waivers.
I really don’t think it is going to change much of anything. Honestly private work should be done without a form and in a narrative format to remove the unnecessary data points that don’t impact what the market is doing and why. If you insist on using a form, create your own through word, or adobe acrobat.
Everyone knew who the 2-3 crooked Appraisers were in the area, especially the MB’s. Problem I found is when they were provided proof of these “Appraisers” manipulating and omitting comp data to inflate values… the Regulators would not finish the job and discipline or remove the license.
Appraisal waivers arent about saving consumers moneytheyre about fast-tracking deals, keeping mortgage pipelines full, and sidelining the only unbiased person in the process: the appraiser. Sacramento Real Estate Appraiser 1 But hey, who needs professional oversight when we have algorithms?
I saw the agencies are now promoting hybrids, so it seems like they still want appraisers actually coming up with the value on the majority of their loans. Will be interesting to see if these waivers take off on any meaningful scale.
a close look at the four ‘appraisal bias’ congressional hearings plus a post mortem on the 3-4 settled cases which made national headlines is in order, and NDAs should be tossed out. The appraisers whos careers were ruined deserve a little sunlight on thier cases. If you are just a bad appraiser, please leave the business.
By M Winger | Jan 24, 2025 [link] [link] appraisers do not approve or deny loans…that is the banksters…dei that 0 Bank of America DENIES Debanking Practice, But X Users Bring The Proof!
Co-organised by the International Valuation Standards Council (IVSC) and the Institute of Valuers and Appraisers, Singapore (IVAS), this series seeks to address the evolving landscape of valuation practices in the Asia-Pacific region. Nicolas is a Chartered Financial Analyst (CFA) and a Chartered Valuer and Appraiser (CVA).
Its wild that a middleman can charge double what the actual appraiser makes just for, what sending a few emails and pretending to check reports? Sacramento Real Estate Appraisal 0 Ive seen some questionable fees in my time. Might as well throw in a service charge for breathing.
There have less than 10 appraisal assignments that have been placed in media attention over the past 10 years. In most cases it was an issue of appraiser competence and not of racial bias. Not if you provide and fee quote to cover your potential liability in those areas.
Appraisal bias back on the menu. In reply to PJTC. link] An important article to read from Working RE. New HUD director. CFPB director ousted. free pass for amc’s yet again). TAF & ASB not subject to DEI removal orders. GSE’s unresponsive, and really don’t care. The broken record skips on.
it is a grand conspiracy…the local appraisers gather monthly at the conveniently located watering hole introducing each other with the secret hand shake so the meeting can begin…then we discuss how to devalue certain neighborhoods then onto topics like jfk, moon landings, and how epstien hung himself…i cant stop laughing 1
In reply to Retired Appraiser. link] We are processing your appointment now. What do you think is going to happen to your family, or yourself, people in your community, if they ever need to procure a mortgage again?
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