Our For Homeowners blog posts are inspired by current real estate articles from around the United States as well as by our internal newsletters for our appraisers. Gathering information and topic ideas from some of our clients such as AMCs, banks, and loan officers, we hope to be able to provide a bridge between future, new, and seasoned homeowners and appraisers. By sharing some of the industry knowledge, we aim to provide insight to the appraiser’s side of what goes into determining a property’s value.

While we don’t like to brag, we have an incredible team of appraisers with knowledge in all areas and markets. Even if you don’t use Impact Valuation Group for your appraisal needs, may our team of friendly appraisers and their combined knowledge prepare you for your next home appraisal!

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Posts tagged residential

Dodd-Frank Wall Street Reform & Consumer Protection Act: A Brief History for Homeowners

A misconception about the appraisal process is that because you own the property, the end appraisal report should go to you, right? Not quite, unless you ordered the report yourself, it belongs to who ever is listed as the “Client” on the report - most times this is a lender. Since it’s their money behind the mortgage, the report ultimately belongs to them. Read more to learn a little bit more about the Dodd-Frank Act behind this seemingly strange situation at the end of each appraisal.