Posts Tagged: appraisers

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 »

Fannie Mae Collateral Policy & Technology Guidance For Appraisers

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Valuation Management Group co-hosted the Fannie Mae update webinar on February 22, 2017 to a maximum capacity of residential real estate appraisers. Julie Jones and Jeremy Staudenmaier, credit risk analysts for Fannie Mae, presented quality information. They answered many questions that were asked live on the chat by attending appraisers. They achieved the goal for… Read more »

Valuation Management Group’s Holiday Tips for Appraisers

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We are starting to enter the holiday season when we all take some well deserved time off to spend moments with friends and family or possibly, just have some personal down time to relax from the busy year that has been. As a nationwide appraisal management company, Valuation Management Group strives to provide the best… Read more »

Valuation Management Group Ensures Quality Reviews and Great Service – Appraisal Management Services

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Valuation Management Group (VMG) understands the importance in our clients and appraisers being able to communicate with our staff.  Any client or appraiser who works with us has the direct phone number and email address for the Quality Assurance Reviewer and the Client specialist. During business hours, VMG never utilizes an auto attendant phone system,… Read more »

Valuation Management Group Attends Collateral Risk Network Meeting

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Valuation Management Group’s CEO, Vicky Thompson recently attended the Collateral Risk Network meeting in Fort Lauderdale, Florida. Collateral Risk Network (CRN) is a group of dedicated chief appraisers, collateral risk managers, regulators and valuation experts who are focused on resolving the many challenges facing the appraisal profession. CRN is represented by lending institutions, Wall Street,… Read more »

Why Appraisers Should Take That Extra Step When Doing Research

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Valuation Management Group has seen a rise in the number of revisions being made to the comparable sales after the original submission of an appraisal report. Here are a couple of recent examples: Comp Example 1: The photos provided by the appraiser show a home that has a new roof, updated kitchen, updated bathrooms and… Read more »

Valuation Management Group Team, Sweet Soles, Participated in JDRF Walk

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Valuation Management Group participated in the JDRF One Walk on October 17th in Downtown Atlanta, GA. This was our 5th year to fundraise and participate in the event, and we raised a total of $13,400.00, which will assist in finding a cure for Type One Diabetes. It was a team effort with fifty four employees… Read more »

Appraiser Independence

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VMG provides an Appraisal Independence Requirement (AIR) certification to our clients for each appraisal assignment we manage. The AIR certification states (among other things) that there was independence in the assignment of the order to the appraiser and that no inappropriate communication relating to or having an impact on valuation between the client, the appraiser… Read more »

What is a “Complex” Residential Appraisal Assignment?

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There are many characteristics that can cause a property to be considered “Complex.” Another word for “Complex” would be “Atypical.” The definition of “Atypical” is: not typical: not usual or normal: Source for definition: http://www.merriam-webster.com/dictionary/atypical Properties that may be considered “Complex” could be: When a property differs from: The neighbourhood (this could be due to… Read more »

How Evernote Can Assist Your Appraisal Business

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An elephant never forgets. Evernote’s elephant image represents the brand well as a remember-all application that has infinite uses and exponential benefits. Store anything you may need to remember in Evernote. The versatile application works across all platforms: Mac and PC desktops; Android, Blackberry, iPhone, Windows Phone, and Palm Pre mobile devices; and over the… Read more »