Posts Tagged: appraisal management companies

Valuation Management Group & Fannie Mae Facilitate Successful Webinar

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Recently, Julie Jones, Fannie Mae Credit Risk Analyst, presented a timely and informative webinar on appraisal quality, Collateral Underwriter®, recent policy updates and related topics. Jeremy Staudenmaier facilitated the real-time answers to appraiser’s questions.  We were pleased to have approximately 300 appraisers participating with us. Effective August 19, 2017, Fannie Mae responded to market changes… Read more »

Fannie Mae, Freddie Mac, and HUD Issue Statements in Response to Hurricane Harvey

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Valuation Management Group is an AMC partner to many lenders who originate loans to be sold in the secondary market. VMG would like to share the following information about Fannie Mae, Freddie Mac, and HUD’s response to Hurricane Harvey and to provide you with links to the statements and related information. August 25, 2017 –… Read more »

Inside the Review Part 1 – The Technical Review and The Desk Review

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Valuation Management Group offers both residential and commercial Technical Reviews and Desk Reviews. VMG’s clients frequently report to us that our review process allows the appraisal process to be more cost effective for their company, while at the same time increasing efficiency and providing a comfort level that quality and compliance are being handled. There… Read more »

Valuation Management Group Discusses Uniform Standards of Professional Appraisal Practice and Value Approaches

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Occasionally, Valuation Management Group will receive an inquiry about the approaches to value and when they are or are not applicable. As most industry participants know, there are three typical approaches to value in an appraisal report:  Cost Approach, Sales Comparison Approach, and Income Approach, summarized as follows: Cost Approach – The current cost of… Read more »

Valuation Management Group Discusses Appraiser Technology Tips

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The real estate market can be demanding for appraisers. As one of the top appraisal management companies working with skilled appraisers, Valuation Management Group would like to help you to get the most efficiency out of your day. Below are some appraisal tools and ideas that might help you streamline your work day: Smartphones allow… Read more »

Valuation Management Group Discusses Appraiser Critical Thinking – Does it Make Sense? Part 2

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One very important service Valuation Management Group provides its client partners is the review of residential and commercial appraisals prepared by independent appraisers. Appraisers must apply critical thinking in the writing of the report and VMG review appraisers must do the same during the review process. Applying critical thinking and asking the question “Does it… Read more »

Valuation Management Group Discusses Appraiser Critical Thinking – Does it Make Sense? Part 1

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One very important service Valuation Management Group provides its client partners is the review of residential and commercial appraisals prepared by independent appraisers. Appraisers must apply critical thinking in the writing of the report and VMG review appraisers must do the same during the review process. Applying critical thinking and asking the question “Does it… Read more »

Valuation Management Group Discusses Properties with Highest & Best Use Issues

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Valuation Management Group (VMG) often receives appraisal orders for properties that are located within transitioning markets, where commercial development is sprawling into residential areas. Whether the subject property is land or an existing residential structure, the appraisal concept of HBU determination becomes crucial in this type of valuation. Highest and best use (HBU) is defined… Read more »

Valuation Management Group Discusses Property Rights

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Valuation Management Group often receives questions from clients about values that are reported as having either leased fee or fee simple property rights. These questions can come up during the ordering of appraisal services or during the appraisal report review process.  What is the difference between these two technical terms? Quite simply, fee simple property… Read more »

Young Adults Interested In Real Estate

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As the President of Valuation Management Group, I have had the opportunity to speak to many different audiences in my 24 year real estate appraisal career. I recently had the opportunity to share my experience and thoughts about the appraisal industry with a unique group of young adults. The audience was high school seniors at… Read more »