Capuano Appraisal Services blog

With Interest rates at all time lows, the last two months have been record breaking here at Capuano Appraisals.  We safely and efficiently switched over to the new UAD compliant forms at the beginning of September, and have not looked back.  Business has picked up from all vendors as everyone rush's to take advantage of all time low interest rates.   Again, I would like to express my sincere thanks to all of our clients who keep us busy year round! 

So far, no break in demand as the orders keep rolling in.   Should be a great October and maybe November and December too at this rate!

UAD implementation update

  The Uniform Appraisal Dataset is set to be implemented on Sept 1st 2011.  This is not the first time we have been through a major form/content change since starting working in this profession.  Usually, some company's will be early adopters of the forms.  My experience leads me to believe that the best thing to do is not implement the new forms until Sept 1st.   Usually, there are a lot of bugs and kinks in the system.   There is no need to jump in early and experience them first hand.   Our company will implement the new rule set into all of our reports on Sept 1st 2011 as required.  Our current plans are to not roll out the change early.   This internal implementation can be changed as required and supported by customer demand.    As stated earlier, we are ready for the change and will roll out on schedule.

check out this article I was reading today.  It looks like rates are trending towards there all time lows.    Read about it here:

http://www.mortgagenewsdaily.com/consumer_rates/213366.aspx

Mortgage rates are down again.  Read about it below:

http://www.marketwatch.com/story/mortgage-rates-fall-after-weak-economic-reports-2011-04-28

Hi Everyone,

Today is tax day and a good time to reflect on how things went over the last year.  I personally do not mind paying taxes.  I don't like them, but overall, paying taxes means you had a successful year.  I would much rather pay taxes on a successful year than have low taxes on a bad year!  Lets all hope next year gives us all the opportunity to pay a lot in taxes!   : )