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Coronavirus and Appraising: A Resource Guide to the Crisis
The COVID-19 pandemic represents an unprecedented challenge to the real estate appraisal profession. Consequently, it is imperative that real estate appraisers have access to timely and relevant appraisal information for navigating this crisis. Therefore, McKissock Learning is offering a free PDF download: Appraisal Form Reference Guide–COVID 19. We’ve also put together the following resource guide to help you locate the latest information available that impacts appraising.
FREE WEBINAR: Watch and learn during thisfree, on-demand webinar, “Appraising in a Pandemic.”
Fannie Mae and Freddie Mac
- Appraisers Page: Fannie Mae’s appraisal updates, requirements, and guidance
- Lender Letter (LL-2020-04): Impact of COVID-19 on Appraisals, including temporary flexibilities (last updated April 14, 2020)
- Bulletin 2020-5 Freddie Mac’s Selling Guidance related to COVID-19, including temporary appraisal flexibilities (last updated April 14, 2020)
- COVID-19 Frequently Asked Questions: Fannie Mae and Freddie Mac’s FAQs that provide additional information on the temporary appraisal policies.
- Modified Set of Instructions, Scope of Work, Statement of Assumptions, Limiting Conditions, and Certification for:
- Video: Fannie Appraisal Report Instructions for COVID-19 Flexibilities (To watch, click here.)
- Video: Top 6 Tips for Appraisers on Using COVID-19 Flexibilities (To watch, click here.)
FHA
VA
USDA
- USDA COVID-19 Bulletin: Temporary exceptions to interior inspection appraisals in relation to COVID-19 Pandemic
McKissock Learning
The Appraisal Foundation
National Association of Realtors
Federal Banking Agencies
CARES Act
Other Coronavirus Resources
For more info about coronavirus and appraising, visit the Appraisal News section of our blog. And don’t forget to watch thisFREE webinar: Appraising in a Pandemic.
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