Tag Archives: desktop valuations

The FIRREA Appraisal Threshold Debate: Are You Ready?

As regulators work toward a decision on whether to increase the threshold for residential real-estate transactions requiring an appraisal from $250,000 to $400,000, many lenders and appraisers alike are wondering whether they are prepared, whatever happens. For lenders, a higher threshold will offer more flexibility on the type of appraisal products they use. They stand to... Read more

A Safer Alternative to BPOs?

Social Media Appraisal Tip Green Broker Price Opinions (BPOs) can be risky due to improper record keeping, lack of consistent standards and compliance regulations that differ from state to state. These issues can leave lenders using BPOs vulnerable to scrutiny. But with the cost of... Read more