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Wednesday, October 21, 2020  Spokane, Washington  Est. May 19, 1883
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Front & Center: Appraiser Ruby Stroschein keeps tabs on farms and forestry

Ruby Stroschein’s middle name is Miles – appropriate for a woman who logs nearly 20,000 of them each year. And whenever she sets out from her Moscow office, Stroschein is keenly aware of the minutiae beyond her windshield: what straw in fields suggests about wheat yields; whether lentils have rebounded from their slow start; how much supply sits outside of grain terminals.

High-risk mortgages will require property appraisals

WASHINGTON – New federal rules proposed Wednesday would require all high-risk mortgage lenders to obtain property appraisals for the first time. Under the rule, all mortgages deemed risky would require an appraisal by a licensed or certified appraiser, including a written inspection of the home’s interior, according to regulators including the Federal Reserve and the Consumer Financial Protection Bureau. Previously, there was no universal federal requirement that appraisals be performed on all risky mortgages.

Higher property appraisal brings out agent’s competitive side

In a recent column, we asked if a person who serves homebuyers and sellers for a living should be held to different guidelines if they are competing to purchase a property? For example, should the listing be exposed to the market for a certain amount of time (perhaps 48 hours) before a licensed agent can buy a home that somebody else is ready, willing and able to buy?

Short-handed assessor wants help from above

Spokane County residents may want to avoid backyard sunbathing in April. That’s when county Assessor Ralph Baker wants to take a series of high-resolution, low-altitude aerial photographs that promise to make goose pimples visible around the globe.