The Appraisal Institute, the nation’s largest organization of real estate appraisers, has announced its first published audio book,“Scope of Work” by Stephanie Coleman, MAI, SRA. The book is intended to help appraisers meet the competency and ethical standards of the profession.Read more

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United States Attorney A. Brian Albritton has announced that U.S. District Judge Henry Lee Adams Jr. has sentenced Barry C. Westergom of Jacksonville, Fla. to four years in federal prison for conspiracy to commit wire and bank fraud. The court also ordered restitution in the amount of $866,141.62 and entered a money judgment for $100,000, the amount that Westergom had obtained from the fraud. Westergom had pleaded guilty on Oct. 8, 2009.Read more

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The Appraisal Institute, the nation’s largest real estate appraisal organization, has announced the hiring of William T. Zimmermann as chief financial officer. Zimmermann will begin his duties Aug. 3. and will report to Chief Executive Officer Frederick H. Grubbe. A certified public accountant, Zimmermann is a graduate of DePaul University.Read more

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A property’s value is not affected when the home is located close to high-voltage transmission lines, or when those power lines are visible from the home, according to an article appearing in The Appraisal Journal’s summer issue.Read more

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Elliott & Company Appraisers is now offering broker price opinions (BPOs) to its line of real estate evaluation products. “In order to satisfy a growing number of clients, we have decided to add BPOs to our line of evaluations services,” said Charlie Elliott, president of Elliott & Company Appraisers. “Some of our lenders have been asking us to perform BPOs to assist them through the foreclosure process on some of their loans.”Read more

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