Bias in Appraisals

AIC Designated Members play an important role in the real property market by providing independent appraisal, review, consulting, reserve fund planning, ... Feb 8, 2023 ... A home appraiser examines a property's features to assess its condition, and then looks at recent sales data to estimate its value. From there, ... May 19, 2024 ... Appraisers closely inspect your home's condition, local market trends, and comparable sales within your area to determine the fair market value. Jul 22, 2024 ... What Do Home Appraisers Look For? · Location · Comparable Properties · Construction Materials and Age of the Home · Square Footage · Number of ... Nov 2, 2021 ... We examine racial bias in property appraisals using a national sample of refinanced mortgages from 2000 to 2007. Our data allow us to observe ... Mar 17, 2016 ... Appraisers greatly appreciate the information that real estate agents give them about their listings because it helps us to understand why a home sold for what ... Learn more about what the Appraiser's Office does, and does not, do in this short video. ... County appraisers are easily identified. Most appraisers drive ... Oct 11, 2022 ... The goal of a home appraisal is to ascribe an accurate home market value to the property. A proper home valuation considers the market conditions and sales of ... What should the appraiser do if compliance with the. ANSI standard is not ... How should appraisers value finished areas that do not meet the ANSI ... Jul 11, 2023 ... Appraisers essentially work for the bank. The bank isn't going to lend out a mortgage on a house that appraises for significantly less than the amount of the ...