by RMAA Website | May 22, 2024 | Continuing Education
Join us on Monday, June 10th and earn 2 hours of CE with our class titled “What’s in Your Workfile?” Our instructor for this class is AJ Jackson. Record keeping is an important cornerstone of any real estate appraisal practice, yet it can be...
by RMAA Website | May 21, 2024 | Legislation
Attached is a summary of the 2024 legislative efforts that had the potential to directly impact real estate in the State of Colorado. Unfortunately, the bill Limiting Actions against Appraisers, which initiated a 5-year statute of repose for civil action initiated...
by RMAA Website | May 20, 2024 | Continuing Education
Join the American Society of Farm Managers and Rural Appraisers (ASFMRA) for their Summer Education Seminar June 27-28. Topics covered will include Demand Management Leasing, Total Ranch Analysis for Colorado, Evaluating the Economic Feasibility of Agrivoltaic...
by RMAA Website | May 14, 2024 | Legislation
Summary: Property tax assessment for residential property. The bill lowers assessment rates and extends value reductions beginning in the 2024 property tax year. Property tax year 2024. For the 2024 property tax year, the bill carries over temporary assessment rates...
by RMAA Website | May 13, 2024 | Legislation
Summary: The bill identifies local governments that must create, report, and implement a housing opportunity goal to increase housing inventory or forfeit allocations of Highway Users Tax Fund (HUTF) revenue from the state. The Department of Local Affairs (DOLA) in...
by RMAA Website | May 13, 2024 | Legislation
Summary: A subject jurisdiction must allow one ADU as an accessory use wherever the jurisdiction also allows single-unit detached homes. The bill prohibits subject jurisdictions from imposing new parking requirements or requiring that the ADU be owner occupied. The...
by RMAA Website | May 9, 2024 | Continuing Education
One of the most common, highest and best use problems appraisers find is the difference between excess and surplus land. This is especially true in the residential part of the industry. Learn the differences between Fannie Mae, FHA, Freddie Mac and other lender...
by RMAA Website | May 2, 2024 | Appraisal News
Yesterday, the Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2024-07, Appraisal Review and Reconsideration of Value (ROV). This ML strengthens FHA’s existing ROV process as part of HUD’s commitment to strengthening safeguards against unlawful...
by RMAA Website | May 1, 2024 | Appraisal News
FHFA today announced that Fannie Mae and Freddie Mac (the Enterprises) published new Reconsideration of Value (ROV) policies after months of collaboration with FHFA and the U.S. Department of Housing and Urban Development’s (HUD) Federal Housing Administration. A...
by RMAA Website | Apr 15, 2024 | Legislation
Summary: The bill prohibits local governments, including home rule or statutory cities, counties, towns, territorial charter cities, and consolidated cities and counties, from limiting the number of people who may live together in a single dwelling, regardless of...
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