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Keynote addresses on real estate issues at the Appraisal Institute’s Washington Appraisal Summit
Real estate appraisal provisions in the final version of the Dodd-Frank Wall Street Reform and Consumer Protection Act, completed by Congress on Friday, should mean more reliable home appraisals for consumers, the Appraisal Institute said today. The Appraisal Institute is the nation’s largest professional organization of real estate appraisers.
A new book published this month by the Appraisal Institute helps appraisers estimate values for popular “green” home features such as energy-efficient appliances, toxin-free flooring and insulation and vegetated roofs.
The Federal Housing Finance Agency today said that Fannie Mae and Freddie Mac will deploy a complaint process for violations of the Home Valuation Code of Conduct and will not fund the Independent Valuation Protection Institute called for in HVCC.
U.S. House Financial Services Committee’s Oversight and Investigations Subcommittee field hearing on “Commercial Real Estate: A Chicago Perspective on Current Market Challenges and Possible Responses”
In order to regain investors’ trust, America must end the “wild west” attitude that has plagued its real estate financing, Appraisal Institute President Leslie Sellers, MAI, SRA, told a Congressional subcommittee today.
Lakefront lots sell at higher premiums than lake view lots, which sell for more than lots with golf course views, according to the first academic study to explicitly model different golf course, lake, mountain and lakefront views. The study appears in the Spring issue of The Appraisal Journal.
Homeowners looking to upgrade or sell their home this spring should realize that not all remodeling and renovation projects will yield a full return on their investment, the president of the Appraisal Institute said today. The Appraisal Institute is the nation’s largest organization of real estate appraisers.
A new study indicating that reports of mortgage fraud in the United States increased 7 percent from 2008 to 2009 shows why lenders need to hire competent, ethical appraisers, Appraisal Institute President Leslie Sellers, MAI, SRA, said today.
The Appraisal Institute today praised a new resource that will help real estate appraisers provide even more reliable valuations on homes with energy efficient features.
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