Value Solutions

12/12/2018

If you can smell it, you can't sell it.

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11/27/2018

You’ll never have full control over what your home appraisal will come in at, but you can take steps to increase your chance of pricing where you need to.

07/04/2018

If you need help with appraisal issues feel free to consult me at Value Solutions!

Another deal saved by our appraisal rebuttal assistance team!!!!

Price increased from $660,000 to $735,000 based on our appraisal audit!

If you ever need help on one of your deals and feel like the appraisal wasn’t accurate, don’t hesitate to contact us. Please share with anyone you know in Real Estate!

05/22/2018

Update from FNMA/FMAC on appraisal forms

04/29/2018

The Office of the Assessor for Contra Costa County recently sent out this notice about your opportunity to have your assessed value reviewed for a possible decline in assessed value which may result in a lower property tax bill. As a Certified Residential Appraiser I am aware that there can be discrepancies as to what is reported in public records and what actually exists on the property in terms of physical features (i.e square footage). Therefore, I suggest doing a review of your own public records information and market value estimate to see if you can get the free review if it is not automatic. As an Appraiser I can assist with a market value estimate. You can reach me at 925-212-2349.

02/23/2018

It is never too early to be prepared

In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that home values could appreciate by another 4% or more over the next twelve months. One major challenge in such a market is the bank appraisal.

02/09/2018

I get asked from time to time on how one can become an Appraiser. Here is an outline of the changes from the AQB concerning changes to the licensing requirements.

Appraiser Licensing Qualifications Changes
[email protected]
Today at 12:19 PM
To
[email protected]

Message body

The Appraisal Qualifications Board (AQB) has adopted changes to the minimum licensing requirements. For those unfamiliar with the AQB, it sets the minimum licensing requirements for appraisers nationwide. States can impose licensing requirements in addition to those set by AQB, but must, at a minimum, meet AQB’s minimum licensing requirements.

In 2015, the AQB increased the education requirements for applicants seeking a residential license to a minimum of 30 college semester units or an Associate’s degree, and applicants seeking a certified residential or certified general license to a Bachelor’s degree or higher. Beginning on May 1, 2018, the AQB will change these requirements to the following: 1) remove the college-level education requirements for the residential license; and 2) provide alternatives to the Bachelor’s degree requirement for the certified residential license. Individuals will be able to apply to the Bureau under the new AQB education requirements on or after May 1, 2018. Final administrative language may vary; we will announce any changes or updates to these requirements.

The AQB also adopted a reduction to the amount of experience required to receive or upgrade a license to the following: 1) residential appraiser to 1,000 hours in no fewer than six months; 2) certified residential appraiser to 1,500 hours in no fewer than 12 months; and 3) certified general appraiser to 3,000 hours in no fewer than 18 months. The Bureau is now evaluating whether it should reduce its experience hour requirements. If so, the Bureau will propose to amend its regulations. This process takes time and will not be completed by May 1, 2018. Therefore, the experience hours currently required will remain the same until the Bureau adopts regulations on this issue.

We highly encourage our licensees, appraisal management companies, and other stakeholders to share this information with others in the industry. The Bureau uses multiple avenues to share updates and announcements including email lists and social media pages.

Loretta M Espinoza
Certified Residential Real Estate Appraiser
CEO/Founder/President of Value Solutions

02/02/2018

Welcome everyone to my new business page!