Category Archives: amc

Cummins Real Estate Appraisals is a 100% "green" organization in Los Angeles, California

Mary Cummins, Cummins Real Estate Appraisals, green, reuse, recycle, reduce Cummins Real Estate Appraisals has been providing appraisals for AMCs, direct lenders, lawyers and private individuals for over 30 years. We are a 100% “green” organization which follows the three … Continue reading

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Mary Cummins, Real Estate Appraiser, First sign of trouble with AMCs

Some good articles about successfully working with AMCs (Appraisal Management Companies). Your fee is negotiable. You don’t have to make endless clarifications if they are not necessary. Working RE, AMC fails: Appraisers stiffed again There’s another article in there about … Continue reading

Posted in amc, appraisal, appraisal management company, appraiser, california, fail, fee, los angeles, mary cummins, real estate, slow pay, working re | Leave a comment

Agents, add appraisal clause to your contracts, Mary Cummins

Attention real estate agents. Please, add an appraisal clause to your offers, contracts. Here’s a sample, “If the appraised value is $10,000 less than the contract price, buyer will make up the difference in cash. If the appraised value is … Continue reading

Posted in agent, amc, animal advocates, appraisal, appraiser, broker, buyer, clause, contract, lender, loan, mary cummins, real estate, sell | Leave a comment

Appraisers are not "derailing" home sales, Mary Cummins

This writer below feels that real estate appraisers are holding the market back. The writer states that we consider tax assessment values in our appraisals. No, we don’t. That would not be legal or accurate. I clear up a few … Continue reading

Posted in amc, appraisal, appraiser, bank, california, financing, foreclosure, loan, los angeles, mary cummins, price, ratio, real estate, recession, refinance, reo, sale, uspap, value | Leave a comment

AMC appraisal guidelines, Mary Cummins, Cummins Real Estate Services

Mary Cummins, Cummins Real Estate Services This article is a response to an article in “Valuation Review.” The article is titled  “Survey: Realtors report contracts still impacted by low appraisals. ‘Realtors reported that a percentage of contracts are being canceled, … Continue reading

Posted in amc, appraisal, appraisal management company, appraiser, bank, instructions, loan, mary cummins, purchase, real estate, refinance | Leave a comment