Duane's World of Real Estate

Entries Tagged as 'Appraisal Reports'

REALTOR® SUED FOR MISRPRESENTATION WHEN ASSESSOR’S RECORDS ARE INCORRECT

September 21st, 2009 · 3 Comments

There’s really nothing for real estate agents and brokers to like about a recent case brought to our attention by the legal department of the National Association of Realtors® (NAR).  Bowman v. Presley arose out of a 2005 transaction that took place in the state of Oklahoma.  The ruling came down from the Oklahoma Supreme […]

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Tags: Misrepresentation · National Association of Realtors · Appraisal Reports · Appraisals · Buying A Home · NAR · Purchase Agreements · Disclosure · Bob Hunt · The Market

NEW APPRAISAL RULES ARE CAUSING PROBLEMS

July 5th, 2009 · No Comments

Like politics, all real estate is local.  This is drummed into us time and time again.  You hardly ever see a report about state or national real estate trends without the cautionary caveat that “local markets are all different.”  So how, then, does it make any sense for real estate appraisals to be conducted by […]

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Tags: Appraisals · Home Valuation Code of Conduct · HVCC · Appraisal Management Company · Appraisal Reports · FNMA · Bob Hunt · Fannie Mae · Freddie Mac · The Market

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