July 2012 - Posts

• C1: Brand New or Nearly New?

  By RICHARD HEYN, SRA and DAWN MOLITOR-GENNRICH, SRA Fannie and Freddie made some key updates in the "Notes" section of Appendix D . These "Notes" relate to condition and quality ratings. The reason for this update, is inconsistencies...

• Important Update to AppraisalPort/AI Ready

  AppraisalPort ® /AI Ready ™ is making a change to how an address is mapped in the comp grid for the condominium forms (1073 / 1075). The change will take place on Saturday July 14, 2012, and will affect Line 2 of the Condo Addresses - Unit #, City, State...

• Building Codes: Expert or Aware

  By RICHARD HEYN, SRA and DAWN MOLITOR-GENNRICH, SRA Fannie Mae and Freddie Mac recently explained what is meant by the term "meets minimum building codes." They assured appraisers that it isn't their job to act as a home inspector and crawl...