Have you changed your password yet? Appraisal Institute professionals and customers must change their passwords in order to access the My Account section of the AI website. It’s all part of the Appraisal Institute’s new association management system, or AMS, which launched Oct. 1. [Read more…] about Don’t Forget to Change Your Password for AI’s Website
An appraisal is one of the key components of buying or selling a home, and if potential issues are found with that opinion of value, buyers and sellers have options.
Here are four tips to consider before challenging an appraisal:
By Douglas A. Potts, MAI, AI-GRS
As you might have heard, the National Credit Union Administration’s Board of Directors on July 18 quadrupled – from $250,000 to $1 million – the appraisal threshold for nonresidential real estate loans. Of course, increasing the threshold would drastically reduce the number of nonresidential real estate loans requiring an appraisal. [Read more…] about AI Calls for Bank Regulators to Reject NCUA’s Decision
As the nation’s largest professional association of real estate appraisers, the Appraisal Institute works to represent the valuation profession in media coverage across the country. From January-June 2019, the Appraisal Institute and its professionals were included in more than 1,200 stories in 430 unique media outlets, with a potential audience of nearly 1 billion and a publicity value of more than $1.2 million. [Read more…] about Appraisal Institute Media Coverage Seen by Nearly 1 Billion
Thank You for Attending the 2019 AI Annual Conference!
The Appraisal Institute thanks you for being part of the real estate valuation profession’s biggest event of the year. Hopefully you enjoyed the numerous opportunities to meet new business contacts, reconnect with old friends, learn from leaders in the valuation profession and take in some of what Denver has to offer. Thank you for making this event a success year after year! [Read more…] about Live from the Appraisal Institute 2019 Annual Conference – Day 4
Here’s What’s Happening Today
Learn more about today’s events, including locations and other information, on the app by downloading the EventMobi app and entering the code AIConf19. [Read more…] about Live from the Appraisal Institute 2019 Annual Conference – Day 3
Special care must be taken to understand the timeshare interest and the competitive market in which that interest would sell, according to an article from the Spring 2019 issue of The Appraisal Journal that explores key issues facing appraisers when valuing timeshares.
“Timeshares, Market Value, and the Real Estate Appraisal Process,” by Richard J. Roddewig, MAI, and Charles T. Brigden, MAI, explores key issues in timeshare appraising, including the need to identify the nature of the timeshare interest being appraised and its marketplace, and finding reliable sources of data when closed sale prices are not readily available.