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As we wind down from another celebration of our country’s independence and the history of the United States this fourth of July, we here at Class Appraisal thought it was a good time to reflect on another history; that of the Real Estate Appraiser. In a 2003 article from the Appraisal Journal titled, The academic…

As a trusted, nationwide Appraisal Management Company, Class Appraisal is well aware of the alternatives to determining a value; not just the approach an appraiser may use, but also whether to use an appraisal in the traditional sense of the word.   BPO’s, AVM’s or desktop valuation models – you may be familiar with one…

There’s a type of development that is becoming more and more common across the country. One that causes confusion in lenders as well as appraisers. A property type that transcends the norms and established boundaries of what we think of Single Family Residences (SFR). I’m talking, of course, about the Site Condo. The origin of…

Appraisal management company reviews are surprisingly hard to come by. A quick search on Google brings up appraiser blogs, appraisal forums and appraisal management company employee reviews. But there’s no company or website dedicated to customer reviews of AMCs.   While we can’t provide you with customer reviews from other companies, we can let you…

We all know that appraisals  are very important when buying a home. So many loan types. So many appraisal forms. It can be information overload. We’re always here to help! Let us explain the difference between a 203K FHA Loan and a  Renovation Loan. VIEW NOW

Did you know Fannie Mae permits appraisals to be based on the “as is” condition of the property…if there are minor conditions of normal wear and tear. Keep reading to find out what is considered “normal” and other tips to help get the appraisal report off your desk. VIEW NOW

As we all know not every property is “cookie cutter” and an appraisal report can get frustrating so instead of getting a headache, we have created a blog just for you. Please check out our blog Top 10 Reasons to Stop and Call… VIEW NOW  

Do you know that failure to recognize and comment on external influences in a appraisal report, positive or negative can result in multiple revisions? For more information, Click Here

For many in our industry, the MBA Conference 2017 will be the highlight of our year (professionally). The annual event put on by the Mortgage Bankers Association not only draws CEOs, VPs and senior managers from banks and business models of all types, but also government agency representatives and regulators. It’s one of the best…

Finding reliable appraisal management services is imperative for every mortgage loan originator, borrower, processor, underwriter and closer. Quick turnaround times are important. But you also need to be sure that the appraisal management company you work with adheres to all Federal Housing Association (FHA) and Uniform Standards of Professional Appraisal Practice (USPAP) requirements. Class Appraisal…

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