Appraisal Today

MAY 26, 2023

A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. Some appraisers feel that lenders should not provide them with the purchase and sale contract. Then that contract does not serve to color, cloud, or otherwise bias a value opinion. We all know this is true. percent from 6.57

Easement 52

Easement Contracts Appraisal Inspection 52

Appraisal Today

MAY 20, 2022

No lender work and many other clients want to know if you are licensed. They had to get licensed because their clients wanted it, particularly attorneys. It seems an inflection point occurred where we really noticed the effect of higher mortgage rates on buyers. Where will this black line go in the coming time? percent from 5.53

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

JUNE 10, 2022

Recall the five forces of friction: practices, standards, education, regulation, and client expectation. Communicating with non-lender clients: Very, very different than lenders. The hangar was built in 2009, and the home was completed in 2014. The average contract interest rate for 15-year fixed-rate mortgages increased to 4.62

Appraisal 52

Appraisal Contracts Business Mortgage 52

Listing Spark

DECEMBER 15, 2022

How to qualify buyers so that you have a low default rate on owner financing deals. Why some buyers can’t qualify for more traditional financing. 00:05:38] How to qualify buyers so that you have a low default rate on owner financing deals. 00:07:03] Why some buyers can’t qualify for more traditional financing.

Finance 36

Finance Investing Real Estate Lending 36

Appraisal Today

JUNE 24, 2022

Communicating with non-lender clients is very, very different than lenders! Excerpts: Before the announcements from Fannie and Freddie, it was anticipated that desktop appraisals would only be accepted for loans with a maximum of 80% loan-to-value ratio (LTV), where buyers were making at least a 20% down payment. percent from 5.65

Appraisal 52

Appraisal Contracts Mortgage Real Estate 52

Will Springer Realtor

JUNE 9, 2021

Prices have soared in most areas – including a 30% jump in the past year for single-family homes in King County – amid a shortage of inventory and a sharp rise in the number of buyers. Flood of buyers – As I noted last month , Millennials will fuel this housing market for at least a decade to come as about 4.5 range won’t last forever.

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Quicken Loans

APRIL 12, 2021

That’s why many home buyers turn to foreclosed homes in hopes of getting more space in a better area and with a much lower price tag. Foreclosure purchases thrived in 2009-2010 when a recession-battered housing market hit its peak foreclosure rate. Many banks won’t sell directly to home buyers. Home loan modification programs.

Inspection 54

Inspection Property Taxes Mortgage Investors 54

Will Springer Realtor

MAY 9, 2023

month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 There are many home options available to prospective buyers – including new construction offerings in buildings that opened during the pandemic. Kitchen and bath professionals are reporting 3.9-month And, opening this year, Graystone.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36