Property

Reggora announced this week that its Reggora Forms software has received verification from Fannie Mae and Freddie Mac for the Uniform Appraisal Dataset (UAD) 3.6 specification. This verification allows the platform to be used during the government-sponsored enterprises’ Broad Production Period, which began on January 26, 2024, providing a transition period before the mandatory compliance deadline. Beginning November 2, 2024, all appraisal reports submitted to Fannie Mae and Freddie Mac must adhere to the UAD 3.6 standard, which replaces legacy appraisal forms with the new Uniform Residential Appraisal Report built on MISMO v3.6 standards. Reggora's browser-based platform is designed to support both the new UAD 3.6 format and existing UAD 2.6 forms, including General Purpose reports. This integration aims to streamline the appraisal process, enabling appraisers to complete various appraisal types from a single application. Brian Zitin, CEO of Reggora, stated that appraisers previously had to use multiple applications for a single report, leading to time loss, context switching, and increased costs. The Reggora platform integrates access to Multiple Listing Service (MLS) data, public records, comparable property research, market condition analytics, cost approach calculations, and automated time adjustments based on Federal Housing Finance Agency home price index data. Harrison Kennedy, product manager for Reggora Forms, emphasized the importance of a gradual transition, noting that a "clean break on November 2 is not a real transition plan." He highlighted that appraisers require months of practice with new workflows to make them habitual and should not incur additional costs for secondary software to facilitate this transition. The platform's design aims to provide a comprehensive solution within one application, offering side-by-side support for both UAD 2.6 and UAD 3.6 appraisal reports, thereby enhancing efficiency and accuracy for appraisers.

Actor Josh Duhamel has accepted a contingent offer on his Los Angeles home, listed for $2.99 million on June 25. Property records indicate the sale is progressing less than two weeks after it was put on the market. Duhamel, 53, purchased the four-bedroom, 3.5-bathroom ranch-style property in Encino for $2.65 million in 2017, suggesting a potential profit if the full asking price is achieved. The sale aligns with Duhamel's stated desire to spend more time at his off-grid cabin in Minnesota, which he refers to as a "doomsday prepper" retreat. He and his wife, Audra Mari, have been increasingly spending time in Fargo, North Dakota, Mari's hometown, where they also own a residence. Duhamel and Mari recently welcomed their second child, a daughter named Rocca. The actor has previously expressed an enjoyment in balancing his life between the rugged cabin and other residences, though it remains unclear if he plans to maintain a base in California after the Encino sale. The property was listed with Thomas Atamian of Coldwell Banker Realty. Duhamel is known for his role in "Ransom Canyon."

Joseph and Kendra Duggar have reduced the asking price of their Arkansas home by $8,000, approximately three weeks after Joseph pleaded not guilty to sex crime charges in Florida. He is scheduled to stand trial in the coming weeks for allegations of molesting a 9-year-old girl during a family trip in 2020. Joseph, 31, entered his plea in March and is expected to appear for a pretrial hearing on July 14. He was arrested on March 18 in Arkansas and extradited to Florida. Following Joseph's arrest, his wife, Kendra, 27, was also taken into custody and charged with false imprisonment and endangering the welfare of a child. Sources indicated to People that these accusations stemmed from a "home inspection." While Joseph faces charges in Florida, the child endangerment case is noted as unrelated to the Florida accusations. Kendra has since secured her release and posted the $60,000 bond for her husband's freedom. Reports at the time suggested that Kendra had converted the family's home into a rental property and sold personal belongings to raise funds for the bond. The couple shares four children. Joseph Duggar is the younger brother of Josh Duggar, who is a convicted sex offender. The price reduction on their Arkansas property comes as the couple faces significant legal challenges.

The Frisco-Bagley Mill and Tunnel, a historic gold and silver mining structure built in 1912 near the Colorado ghost town of Animas Forks, has been relisted for $325,000 as of June 29. This price represents a reduction from its original listing of $375,000 in 2024. The property, situated on nearly 31 acres, is listed on the National Register of Historic Places and includes an "livable" off-grid cabin constructed in 1999. The cabin, spanning 300 square feet, is equipped with a spring-fed sink, solar-powered appliances, and propane and kerosene heating systems. The listing notes the property's eligibility for grants and tax incentives related to historic preservation, mining reclamation, and economic development. Investment in the mill's past included figures like Franklin Rockefeller and N.R. Bagley. The property is located in Silverton, CO, along the Alpine Loop. Other notable properties attracting attention this week include a "Gone with the Wind" themed party house in Tennessee, a Georgia property with underground survival shelters, and a Washington lakefront cabin with a vintage trailer.