Posts Tagged: appraisal management companies

Valuation Management Group Commercial Appraisal Recommendations

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Thanksgiving is quickly approaching, and Christmas and New Years are not far behind. Historically, Valuation Management Group begins seeing commercial appraisal order activity pick up during November with everyone wanting to get their transactions closed by year end which is understandable. Regardless of the time of year, as an appraisal management company, Valuation Management Group… Read more »

Valuation Management Group’s 7th Year Supporting JDRF

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Valuation Management Group employees, family, and friends participated in the Juvenile Diabetes Research Foundation (JDRF) walk in Downtown Atlanta, Georgia Saturday, October 21, 2017. The VMG team, the Sweet Soles, was able to raise $11,715 so far this year. Over the last 7 years, the team’s total fund raising has exceeded $103,000. Vicky Thompson, CEO… Read more »

Appraisals for New & Proposed Residential Construction – Helpful Hints for a Timely Appraisal

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Valuation Management Group strives to keep its partners informed about best appraisal practices. An often discussed topic is that of residential turn times. Based on 11 years of experience, we know turn times for appraisals for new and proposed construction can be greatly improved if the following information and detail is provided at the time… Read more »

Inside the Review (Part 2 – Common Revision Requests)

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Valuation Management Group offers a robust technical review and/or desk review of various types of appraisal reports. Both clients and appraisers are often curious about some of our common review findings.  We’d like to share some frequently requested revisions from our review team in order to help you better understand the review challenges. The appraisal… Read more »

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 »