by Bryan McDonald
A quick walkthrough of an REO property. One good thing about being a real estate appraiser is that no two days are ever alike. Every house is different and every appraisal is different. This is especially true when appraising a foreclosure. Most REO properties I appraise have deferred maintenance and I rarely know what kind [...]
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by Bryan McDonald
The impact of the HVCC on the real estate appraisal industry. The HVCC went into effect on May 1st, 2009. To help enhance the integrity of the home appraisal process in the mortgage finance industry, in March 2008, Fannie Mae entered into an agreement with our regulator—the Federal Housing Finance Agency (then the Office of [...]
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