Appraiser News - Appraiser Income

13th June 2011

Please Help

I am asking all my fellow appraisers to help me out with the ‘San Diego’s Best 2011‘! Thank you for helping me get nominated!!!

You have to create a simple account to vote. Please help, it will only take a couple minutes to sign up and cast your vote. It really only takes a minute.

Please create an account and place your vote for ‘Bryan Knowlton’ today!

http://www.signonsandiego.com/accounts/login/?next=/bestof/2011/vote/real-estate/appraiser/

You wield almighty power in the 15th annual San Diego’s Best Readers’ Poll. Click on the categories on this page and VOTE your “best”. Your voice will not only be heard, it’s quantified. But hurry. You can only VOTE through June 27, 2011. You can VOTE once per DAY.

http://www.signonsandiego.com/bestof/2011/real-estate/

The Voting will take place June 3 through 27. Winners will be announced in September in the Union-Tribune and on SignOnSanDiego.com.

So nominate, and tell the world that you helped decide which places are among “San Diego’s Best.”

Please help me out by http://www.signonsandiego.com/accounts/login/?next=/bestof/2011/vote/real-estate/appraiser/ registering and placing your vote today!
Thank you!

Bryan Knowlton
http://www.appraiserincome.com

posted in Appraiser News | 0 Comments

23rd May 2011

Kuempel Bill passes in Texas Legislature

AUSTIN—Representative Kuempel (R-Suguin) passed house bill 1146 to establish a reasonable registration and regulatory structure for appraisal management companies operating within Texas.

As a result of the implementation of HVCC and the following outsourcing by many financial institutions to have appraisal management companies manage appraisers fulfilling appraisal assignments, the AMCs have grown tremendously over the years without any government oversight.

…continue reading the rest of this post: Kuempel Bill passes in Texas Legislature

posted in Dodd-Frank C&R Topics | 3 Comments

19th May 2011

TAVMA responds to Board of Governors of the Federal Reserve System

TAVMA
Jennifer J. Johnson, Secretary
Board of Governors of the Federal Reserve System
20th Street and Constitution Avenue, Northwest
Washington, DC 20551

Re: Interim Final Rule – Customary and Reasonable Fee Stipulation

Dear Ms. Johnson:

The Title Appraisal Vendor Management Association(“TAVMA”) wishes to express its views about the misinformation being disseminated by appraisal organizations and publications about the Federal Reserve’s Interim Final Rule and Appraisal Management Companies (“AMC’s”). TAVMA is a national trade association of real estate settlement services providers including many leading appraisal management companies.

…continue reading the rest of this post: TAVMA responds to Board of Governors of the Federal Reserve System

posted in Dodd-Frank C&R Topics | 0 Comments

12th May 2011

Appraising & Attempting Suicide

What do the two have in common?

This is a first for me.

Driving over the Coronado Bridge today on my way to do an appraisal (which happened to be rescheduled from 9am to a later time of 11am), traffic was nearly at a standstill. Rounding a car parked on the side I saw a lady swigging from a wine bottle while looking over the side. I was shocked nobody else was stopped. Well, I pulled in front of her car and started talking with her. After telling me her car broke down and that she was just waiting for a tow truck, I stayed within arm reach of her and tried to talk to her. After about 5 minutes of getting nowhere and no police yet she was getting irritated with me asking her questions and kept telling me to leave.

…continue reading the rest of this post: Appraising & Attempting Suicide

posted in Appraiser News | 4 Comments

12th May 2011

FANNIE MAE tutorial on the Uniform Appraisal Dataset – UAD

FANNIE MAE tutorial on the Uniform Appraisal Dataset.

You can find it at this website:
http://fanniemae.articulate-online.com/ContentRegistration.aspx?DocumentID=77856aa3-4df3-4e13-895b-4e71b79a7ed7&Cust=77787&ReturnUrl=%2Fp%2F7778730514

On good authority FANNIE MAE is having a Q & A session on May 19, 2001 about the tutorial. It appears you must take the tutorial to be allowed to participate in the Q & A session.

posted in Appraiser News | 0 Comments

10th May 2011

Please Vote For me!!!

I am trying to win the Best Appraiser in San Diego position with our local newspaper.

Please help by submitting my name: Bryan Knowlton
here: http://www.signonsandiego.com/bestof/2011/nominate/real-estate/appraiser/

Thanks fellow appraisers!!! You can vote once a day! 🙂

Bryan

posted in Appraiser News | 0 Comments

29th April 2011

LEGISLATIVE UPDATE: STATES CONSIDER BARRING DISTRESSED SALES AS COMPARABLES

Three states: Illinois, Missouri and Nevada are considering legislation that would prohibit or restrict the use of “distressed sales,” such as foreclosures and short sales, as comparable sales as a part of a residential real estate appraisal.

Homebuilders and real estate sales agents are concerned that the prevalence of distressed sales and their subsequent use as comparables, is resulting in the appraised value of residential properties not matching the contract sales price, or in the case of new construction, the cost to build.

…continue reading the rest of this post: LEGISLATIVE UPDATE: STATES CONSIDER BARRING DISTRESSED SALES AS COMPARABLES

posted in Appraiser News | 0 Comments

27th April 2011

Help the fight against low paying appraisal management companies by joining The American Guild of Appraisers!

The American Guild of Appraiser (AGA) /Guild 44 of the Office and Professional Employees International Union (OPEIU)/AFL-CIO is based in Maryland, a short distance from Washington, DC.

The AGA is a non-traditional union that represents independent professionals. The AGA does not engage in collective bargaining, strikes, and does not enforce closed shops. The AGA does not negotiate contracts, does not have shop stewards, and does not have any oversight regarding its member’s work products. What we have is the backing of over 10 million members within the AFL-CIO and 110,000 within the OPEIU. With these numbers, we have a collective voice.

…continue reading the rest of this post: Help the fight against low paying appraisal management companies by joining The American Guild of Appraisers!

posted in Dodd-Frank C&R Topics | 2 Comments

12th April 2011

Customary & Reasonable : enforcement 3 to 4 years away?

It sounds like we are in another waiting game regarding customary & reasonable fees as noted in Dodd-Frank.

Key Notes:
* The minimal timeline set forth in the Dodd-Frank Act indicates that those rules may be promulgated within 18 months of July 21, 2011.

* After the rules are in final form, States have 36 months to implement the minimum requirements established by the rules for registration and supervision of AMCs. (The ASC may grant States up to a 12-month extension, subject to specific limited conditions set forth in the Dodd-Frank Act.)

Please read the entire article below:

…continue reading the rest of this post: Customary & Reasonable : enforcement 3 to 4 years away?

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1st April 2011

All Appraisal Management companies now paying FULL FEE APPRAISALS

Wow! It is amazing. It looks like all the work banding together as an industry has worked. All the appraisal orders I received today were in the $300-$400 range! Dodd-Frank really came through on this one.

The federal government must have really put the scare in to the appraisal management companies and laid down the law.

The Appraisal Subcommittee even gave me a call back and sent out a few reply emails concerning my questions that were previously left unanswered prior to today, 04/01.

I guess I shouldn’t have been so opinionated regarding comments like ‘I won’t hold my breath’ and ‘business as usual’, etc…

Things really can be different, things really can change.

…continue reading the rest of this post: All Appraisal Management companies now paying FULL FEE APPRAISALS

posted in Dodd-Frank C&R Topics | 0 Comments