How Appraisers Classify a Bedroom in Virginia
A bedroom count involves layout, safety, code questions, lender reporting, and market evidence. Learn why a closet or listing label alone does not settle the issue.
The Evolution of Home Appraisal: Standards, Data, and Judgment
A sourced timeline of residential appraisal practice, from USPAP and appraiser regulation to digital records, AVMs, ANSI measurements, and current reporting changes.
How a Home Appraisal Affects a Mortgage Decision
An appraisal can affect a lender’s collateral review and loan-to-value calculation, but the lender decides loan approval, terms, and mortgage insurance.
ANSI Z765-2021 in Home Appraisals: Fannie Mae’s Current Rules
See how Fannie Mae uses ANSI Z765-2021 to report home area, why appraisal and listing square footage may differ, and what to check if you find a discrepancy.
Appraisal Reconciliation: Why the Final Value Is Not an Average
A reconciled appraisal value weighs the reliability of comparable sales and other evidence. Learn why the final conclusion is not simply an average.