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Questions and Articles

216 items

Who is Bill Wilson (William P. Wilson III)?

A:
Bill Wilson is a Tennessee state Certified General Appraiser (CG-002) who has gained extensive experience in the real estate industry through appraising, financing, developing, and liquidation of properties since 1980. Bill Wilson... • Is an Accredit ... more

What is the Future of Real Estate Appraisal Jobs?

A:
The job outlook of real estate appraisal benefits greatly in a rising market where many new homes are being sold, is there more properties to assess. Even in a declining market, homes will still need to be assessed for their lower value. In addition, ... more

How many times may a trainee appraiser renew his or her permit?

A:
(A) Three Top • Are trainee appraisers required to complete continuing education? (A)Trainee appraisers are required to complete 14 hours of continuing education by the time the renewal application is submitted to the Board for the third and fourth y ... more

Appraisers and lenders - what is the appraiser's role?

A:
Most appraisals in this country are done for mortgage lenders. Most appraisers work for lenders, particularly if they specialize in appraising homes. The appraiser's role is to provide an objective, unbiased opinion of value to the lender. Appraisers ... more

How does a new appraiser apply to perform FHA appraisals?

A:
First, be sure that you meet the eligibility requirements and are listed on the National Registry at ASC. Go to the Appraisers Home page at http://www.hud.gov/appraisers/ and click on Eligibility requirements. ... more

What does an appraiser look for when doing an appraisal?

A:
The appraiser needs to document the condition of the property, both interior and exterior, from the layout including any updates as well as the overall quality of construction. This information will help the appraiser throughout the valuation and com ... more

What gives the appraiser the right to photograph or enter my property uninvited?

A:
The laws of the State of Alaska require the Assessor or his authorized employees to periodically inspect all real property to determine its true and fair market value. (AS 29.45.130b) The assessor or agent of the assessor may enter the property groun ... more

Why did the appraiser "low-ball" or "overvalue" the property?

A:
The appraiser is engaged as a disinterested third party. Many times the appraiser's opinion of value is different than the sales price or the owner's opinion of value. The appraiser's value should be supported by clearly presented factual data. ... more

Can any SCAMPI Lead Appraiser or SCAMPI B&C Team Leader be an observer?

A:
No. Only SEI authorized observers can perform this function for SCAMPI A observations. SCAMPI B&C Team Leaders who have fulfilled the requirements to become observers may apply by sending their request to btl-observer@sei.cmu.edu where it will be eva ... more

Who appoints the Chief Appraiser?

A:
The Chief Appraiser is appointed by the Board of Tax Assessors. ... more
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