This week’s appraisal news round-up includes takeaways from the 2017 International Valuation Conference, possible AMC fee changes, the Residential Green and Energy Efficient Addendum, problems with zestimates, and more. Happy reading!
Takeaways from the 2017 International Valuation Conference
The latest issue of Appraiser News Is reporting high points from the 2017 International Valuation Conference. Called a huge success by spokespeople, you can read about the specifics here.
Lender must pay AMC fee proposal
There is big news out of New Jersey: The state’s Department of Banking is proposing to change the current regulations of mortgage lenders so that any fee charged by the AMC must be paid by the lender.
Understanding the Residential Green and Energy Efficient Addendum
When it comes to appraisal, researching properties takes up the most time. Homes with green or energy-efficient features have compounded the issues. Find out what the Residential Green and Energy Efficient Addendum might mean for appraisers.
4 Appraisal ethics rules Zillow may be breaking when they give your zestimate
Is a Zillow zestimate an appraisal or not? Based on a Chicago lawsuit, it appears that most people believe it is. Birmingham appraiser Tom Horn weighs in on the case and brings up some interesting points.