appraisal Article Collection

How to Avoid UAD Hard Stops

How to Avoid UAD Hard Stops

Hard stops are data “errors” that cannot be overridden by the lender. When the UAD and the UMDP were first implemented, lenders were allowed to override errors that would pop up when they did their check of the report. Eventually, Fannie Mae and Freddie…

6 Quick Tips for Appraising Basements

6 Quick Tips for Appraising Basements

Whether finished or unfinished, the presence of a basement will almost always have an impact on the overall value of a home. Here are six basic, but critical, rules for appraising basements. As you consider the value of basements, keep these important steps and…

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