Mary's Blog

New AMC law read all about it Georgia is the latest to enact new laws that govern AMC's (Appraisal Management Companies) Similar laws now enacted in Tennessee, Georgia and Oklahoma, AMCs operating in each state will be required to register with, and be overseen by, state appraiser boards. The lat...

I know it is frustrating when foreclosures are used to appraise a property, which I discussed in a BLOG before. See Below Link. However, if appraisers are using SHORT Sales, CRY FOWL. Why Appraisers Use Foreclosures  Here is how a Short Sale is Defined: A property sale negotiated with a mortgage ...

Had to pass this one along. Been with Active Rain as an Appraiser for a few years now and I have blogged fairly regularly (number 1 spot in my city and county and number 7 spot - slipped a few spots from #5-of all the appraisers on Active Rain) and then one day I get a call from an Appraisal Mana...

Okay I am going to weigh in on this highly political topic!        Here are my questions to President Obama, Congress, the Senate the House and Nancy Pelosi 1. I used to work in the insurance industry and 2 things are  undeniable facts. If there are more benefits being paid, which the Health Care...

  I have always known the that NAR (National Association of Realtors) was a force to be reckoned with but as an Appraiser I just wanted to personally thank all the Realtors out there that have put their foot down stating that they are tired of deals dying because there are way too many appraisers...

In the last few weeks, we have had a significant number of requests for appraisals due to DIVORCE here in Georgia and many are quite nasty! I am sure finances plays a part, but the reasons for these divorces were varied and wild. If it appears they will wind up in court....I respectfully decline...

HAPPY 60th BIRTHDAY BUFORD DAM ON MONDAY 3/1/10. CHECK OUT THIS VIDEO  FROM HAROLD MARTIN, ALSO A GREAT FRIEND OF OURS, WHO TOOK MOVIES OF THE DAM BEING BUILT, AN OLD BOAT HE BUILT IN THE 50'S  AND HIS FAMILY SKIING BEHIND THIS BOAT ALMOST 60 YEARS AGO! WHERE DOES THE TIME GO, SURE BRINGS BACK GR...

As I understand it FHA will no longer impose the 3 month waiting period for investors to "flip" / resell homes that they have renovated, making it easier to get more loans through quickly. As long as the flippers out there realize, they need to be realistic in their asking prices so that they are...

  Some of you may know  that lenders are trying to replace appraisals with BPO's...why? Cause they are cheaper of course. In the State of Georgia and Virginia and maybe others it is illegal for a Realtor to practice in the capacity of and appraiser without an appraiser's license. It should be il...

This link takes you to my post about appealing low appraisals. Many appraisals are just fine, but there are many appraisers working for cut rate fees for AMC's who are cutting BIG corners, I know because I have reviewed many of them....so in case you need help here is the link to the blog I wrote...