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Process or Checklist: The Nitty Gritty of an Appraisal Review

Process or Checklist: The Nitty Gritty of an Appraisal Review

by MountainSeed | Jun 8, 2022 | Appraisal Management, Commercial Appraisals, Residential Appraisals

In the past, banks primarily focused on the appraisal, however, the appraisal review has become more significant in the appraisal process. At its core, an appraisal review is used to investigate, analyze, and verify the logic and procedures of an appraisal.  Not only...
50 Appraisal Management Terms You Need to Know

50 Appraisal Management Terms You Need to Know

by MountainSeed | Jun 6, 2022 | Appraisal Management, Commercial Appraisals, Residential Appraisals

When it comes to appraisal management and appraisal management companies, there are tons of terms you should know. However, trust us when we say that we understand: there’s only so much space in your brain, and with your own roles and responsibilities, how can you...
What are Appraisal Review Services and When are They Needed?

What are Appraisal Review Services and When are They Needed?

by MountainSeed | Jun 3, 2022 | Appraisal Management, Commercial Appraisals, Residential Appraisals

Over the years, the appraisal review has become an essential part of the appraisal process. While the review is important for many reasons, it’s paramount because it identifies if an appraisal is credible or not. What is an appraisal review you might ask? According to...
When to Use an Abundance of Caution Exemption and Why 

When to Use an Abundance of Caution Exemption and Why 

by MountainSeed | May 31, 2022 | Appraisal Management, Commercial Appraisals, Residential Appraisals

Does your loan applicant qualify for an extension of credit based on a strong cash flow or collateral that is not real estate-related? If the answer is yes, the abundance of caution exemption could apply. There is often an air of uncertainty surrounding appraisal...
Why Does Your Regulator Want You to Know the Difference Between Leased Fee and Fee Simple?

Why Does Your Regulator Want You to Know the Difference Between Leased Fee and Fee Simple?

by MountainSeed | May 16, 2022 | Compliance

Appraisal clients often ask the question about the difference between Leased Fee and Fee Simple interests. Not only should they be differentiated, but these two terms are ones that your regulator cares about. What does leased fee mean? Put simply, a leased fee...
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