Video – Who Is Doing Your Appraisal?

Information all about appraisal waivers and bifurcated appraisals.  Check out the video above as Craig Morley goes into detail about how these factors affect a purchase transaction!

Video - Appraisal Licensing

Southern Utah Prepares for St. George Parade of Homes 2018

We're once again approaching the St. George Parade of Homes a.k.a the grand tour of all the newest and best homes recently built. It allows builders and home owners a chance to show off their creations to the general public, while helping to…

Economic Update Southern Utah Pre-Q1 2018

Accurity Valuation - Morley and McConkie has released their Economic Update Southern Utah Pre-Q1 2018. This issue covers a quick economic overview of Southern Utah, Nevada, and a Market Conditions Report for home owners. In Utah as a whole,…

Appraisal Standards Board issues new Q&As for January 2018

The Appraisal Standards Board has issued three new USPAP Q&A for January 2018. Looking at these questions in the context of recent new articles about 'drive-by appraisals' it is clear that the Board is addressing questions on this subject. Question…

Video - Appraisal Home Inspection

How does an appraiser reach an “opinion of market value?”

An opinion of market value is an estimate of how much a property is worth in any given market. An opinion of value is reached by using one of three standard approaches: The Cost Approach estimates what it would cost to replace or reproduce…

Can “market value” be different than the contract price or cost of a property?

The short answer is, "Yes!", it is possible for market value to differ from the actual cost of a property or from the contract price. If a buyer is super motivated to purchase a property and is willing to pay at, or above asking price this will…

What if the value of my appraisal isn’t what I expected?

In a rapidly changing market, buyers and sellers are often surprised when the appraised value is higher or lower than expected. A higher value will not have an impact on the loan approval process, but a lower value can. The lower appraised value…