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  2. What is a broker price opinion (BPO)? - AOL

    www.aol.com/finance/broker-price-opinion-bpo...

    A broker price opinion (BPO) is a real estate professional’s dollar estimate of a property’s worth. It is an opinion, but one often backed up by the selling prices of comparable homes in ...

  3. The Black neighborhood home appraisal gap is real. Can we ...

    www.aol.com/finance/black-neighborhood-home...

    In predominantly Latino neighborhoods, fully 15.4% of homes for sale were appraised at below the sale price, per Freddie Mac. The Black homeownership rate in the first quarter of 2024 was 45.7% ...

  4. 5 Ways House Fraud Can Cost You Thousands - AOL

    www.aol.com/5-ways-house-fraud-cost-160040319.html

    An appraiser may commit the mortgage fraud alone or may work with a builder or a mortgage lender to commit the fraud. ... 5 Ways House Fraud Can Cost You Thousands — and How To Avoid Becoming a ...

  5. Uniform Standards of Professional Appraisal Practice

    en.wikipedia.org/wiki/Uniform_Standards_of...

    While USPAP provides a minimum set of quality control standards for the conduct of appraisal in the U.S., it does not attempt to prescribe specific methods to be used. . Rather, USPAP simply requires that appraisers be familiar with and correctly utilize those methods which would be acceptable to other appraisers familiar with the assignment at hand and acceptable to the intended users of the app

  6. Appraiser - Wikipedia

    en.wikipedia.org/wiki/Appraiser

    An appraiser (from Latin appretiare, "to value") is a person that develops an opinion of the market value or other value of a product, most notably real estate.. The current definition of "appraiser" according to the Uniform Standards of Professional Appraisal Practice (USPAP) is: "One who is expected to perform valuation services competently and in a manner that is independent, impartial and ...

  7. List of professional designations in the United States

    en.wikipedia.org/wiki/List_of_professional...

    Member of the Appraisal Institute [60] MAI: Appraisal Institute: Senior Residential Appraiser [60] SRA: Appraisal Institute: Accredited Member [61] AM: American Society of Appraisers: Accredited Senior Appraiser [61] ASA: American Society of Appraisers: Real Property Administrator [62] RPA: Building Owners and Managers Association International

  8. American Society of Appraisers - Wikipedia

    en.wikipedia.org/wiki/American_Society_of_Appraisers

    2121 Cooperative Way, Suite 210 Herndon, VA 20171, United States. Website. www .appraisers .org. The American Society of Appraisers (ASA) is an American nonprofit organization which serves as a professional affiliation of appraisers. The organization is a multi-discipline, voluntary membership, trade association representing and promoting their ...

  9. A Step-By-Step Guide to Buying Your First Home - AOL

    www.aol.com/step-step-guide-buying-first...

    8. Get an Appraisal. Next up is an appraisal, which is required if you’re taking out a mortgage but can be waived in an all-cash deal. During this phase, a licensed appraiser comes to the house ...

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