The Department of Veterans Affairs (VA) has updated the appraisal process regarding Minimum Property Requirements (MPRs), the standards that determine if a property is eligible for a VA-guaranteed home loan. According to the department, the updates address issues that...
The growing revolt against onerous property taxes has spread north to Alaska, with Anchorage Mayor Suzanne LaFrance ordering a review of property tax assessments following a wave of complaints from homeowners about “unusually” high value increases. The Anchorage Daily...
Aivre, the Troy, Michigan-based real estate appraisal software company, announced it has completed the industry’s first Uniform Appraisal Dataset (UAD) 3.6 verification process with Fannie Mae and Freddie Mac for compliance with the new data standards. “This is a...
The Department of Housing and Urban Development (HUD), in partnership with the Office of Management and Budget, announced the Biden-era Property Appraisal and Valuation Equity (PAVE) task force that was created to eliminate bias in home appraisals. In a statement...
SingleSource Property Solutions, a Canonsburg, Pennsylvania-based provider of residential property services, has hired Daniel Figurski as chief appraiser. In his new job, Figurski will be tasked with expanding the company’s valuation services to help home lenders,...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
