Our Dead Beats Directory has been put into place to supply appraisers with an active list of Appraisal Management Companies that do not pay their bills, demand free work in exchange for payment due, or pressure appraisers and or threaten to reassign or withhold work. We have also put a “Dead Beats” category in . . . → Read More: Dead Beats
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About Unity Asset Management, Inc. Products Unity Standard Form: This Broker Price Opinion (BPO) form is a three listing, three sale comparable form with MLS sheets. This form is available with or without photographs. The standard number of photographs with this form is three: front of subject, side or rear if possible and a . . . → Read More: Unity Asset Management, Inc. Mortgagee Letters ML 09-37 titled “Flood Zone Requirements and Responsibilities of FHA Mortgagees and Appraisers” provides the following, “FHA Roster Appraisers are required to review the applicable FEMA Flood Insurance Rate Map (FIRM) and make appropriate notations on the applicable appraisal reporting form. If the property is located within a . . . → Read More: FHA Mortgage Letters SMALL RESIDENTIAL INCOME PROPERTY What is a Small Residential Income Property We all know that a small residential income property has two, three or four units. However, in some areas of the country small residential income properties can be found as part of a condominium project. In other parts of the country, . . . → Read More: SMALL RESIDENTIAL INCOME PROPERTY “A condominium is a form of fee ownership or long-term leasehold of separate units or portions of multiunit buildings that provides for formal filing and recording of a divided interest in real property. In contrast to a PUD, a joint share in ownership of the common area is part of the mortgaged . . . → Read More: FHA and Condos Some specialized requirements: Operating oil or gas wells Abandoned oil or gas wells An FHA appraiser may not require these repairs, but must include them in the overall condition rating and value opinion developed: Worn floor finishes or carpeting Repairs . . . → Read More: FHA Repairs Appraisal Inspection Vs. Home Inspection I wanted to take some time and try to help eliminate confusion about the word inspection. In the minds of people who are not experienced in real estate matters it is important to distinguish between the two. This is also important for those appraisers that want to be able to educate . . . → Read More: Appraisal Inspection Vs. Home Inspection This article by Guest Blogger, Executive Director, Jeff Schurman of The TAVAMA Blog Warning: What you are about to read could be career-ending. For me that is. But only if those who intend to drive a stake in to the heart of the AMC (Appraisal Management Company) industry win the day. It’s worth it though, if it brings some . . . → Read More: Will State-by-State AMC Regulation Drive a Stake Into The Heart of AMCs? UPDATE: The webinar is complete. The Power Point presentation and audio link to the full webinar are available below. Here is the link to the webinar. http://www.fncinc.com/ClientAccess/WebConf_AMC.aspx In addition to the recorded webinar, there is an accompanying conference Power Point. There are also a couple of other reference articles you should read. Web Conference Power Point Presentation . . . → Read More: Recorded Webinar Available! FNC® to Brief Appraisal Management Companies on New Federal and State Legislation |
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