Sentences with phrase «designated appraiser»

As a former lender with substantial approval authority I can advise that most lenders either simply fund the purchase or they acquire an appraisal by a designated appraiser.

This article will debunk these myths and provide additional insight and perspective from a designated appraiser's point of view.

In researching CNAREA, I learned that it has high standards for membership and grants two designations, the DAR (Designated Appraiser Residential) and the DAC (Designated Appraiser Commercial).

If the properties were properly appraised by a designated appraiser, it is highly unlikely there would be vastly inflated values.

Reality: An AIC - designated appraiser has a professional and ethical responsibility to provide an independent and unbiased opinion of the value of a property.

Reality: To provide a reliable market value, AIC - designated appraisers consider a number of factors as such as:

Not exact matches

Ergo, this is the reason that banks use only CRA designated fee appraisers» consultative - driven opinions - of - value to establish market value bench - marks when lending for mortgage purposes instead of relying upon real estate salespersons» opinions, which, depending upon the Realtor, could be just as accurate as an appraiser's opinion.

It allows any party of a real estate transaction to supply market data and information on recently sold properties to a VA appraiser through a designated third - party contact.

Homebuyers should ask their lender for the qualifications of the appraiser, including whether they are designated by a professional association like the Appraisal Institute, says Amorin.

I also understand and agree that if accepted for membership, I will pay all dues and fees as are from time to time established, and that the total amount of dues for which I will be personally and individually liable and responsible, as Designated REALTOR ® of the firm or office named herein, shall be in such amount as established annually by the Board of Directors for myself, plus an amount times the number of real estate licensees or certified appraisers employed by or otherwise affiliated with my firm or office who are not themselves REALTOR ® members of the Association.

Property in Arkansas is regularly appraised by professional appraisers designated by the state.

Mr. Pecorino is a Designated Member (MAI) of the Appraisal Institute, A Fellow of The Royal Institute of Chartered Surveyors (FRICS), as well as a Certified General Real Estate Appraiser in the States of New York, New Jersey, and Connecticut, and a Licensed Real Estate Broker in the State of New York.

This Directory lists real estate appraisers who are Designated Members, Candidates for Designation, or Practicing Affiliates of the Appraisal Institute.

The individuals listed in this Directory are Appraisal Institute Designated members, Candidates for Designation, and Practicing Affiliates who responded to various published notices requesting the names of minority and women real estate appraisers who wished to be included in this Directory.

That is why it is very important to choose an appraiser whose work not only conforms to accepted industry standards, but to a strict code of ethics such as the one governing the actions of Appraisal Institute Designated members, he said.

For an unbiased analysis of what their home would be worth both before and after an improvement project, a homeowner can work with a qualified real estate appraiser — such as a Designated member of the Appraisal Institute — to conduct a feasibility study.