by Mel Black | May 16, 2018 | News
This week the NC Real Estate Commission warned listing brokers (again) to stop using the square footing in the tax records in their listings. It remains a sad commentary on the profession for so many listing brokers to continue advertising this material fact in...
by Mel Black | May 11, 2018 | News
On December 18, 2015, the North Carolina Supreme Court decided a dispute about whether a lender and appraiser had a legal duty to disclose appraisals to a borrower during the underwriting process. The court ruled in favor of the lender and appraiser, holding that the...
by Mel Black | May 2, 2018 | News
After one of our recent trainee series classes, we held an optional session and invited some Appraiser Supervisors to stop by to share some thoughts and answer questions from our trainees. It was a very successful event. Supervisors described their appraisal...
by Mel Black | Mar 30, 2018 | News
In a March 2, 2018 opinion, the North Carolina Supreme Court held, in North Carolina Department of Transportation v. Mission Battleground Park Leaseco, LLC et. al., that a real estate broker may be able to testify as to the fair market “value” and would not be...
by Mel Black | Mar 4, 2018 | News
On March 1, 2018, the United States Senate further considered pending Senate Bill 2155 “Economic Growth, Regulatory Relief, and Consumer Protection Act” sponsored by Sen. Mike Crapo of Indiana. The Bill has 25 cosponsors, including Sen. Thom Tillis of...
by Mel Black | Feb 13, 2018 | News
Effective May 1, 2018, the Appraiser Qualifications Board (ABQ) will slash the long-time minimum requirements to become an appraiser. Many see this substantial change as a response to the nationwide appraiser shortage and to lenders applying to the ASC for a waiver...
