Will Springer Realtor

AUGUST 1, 2023

Short sales were a common sight in the housing recession around 2009 but they have since faded from the headlines as homeowners typically find buyers before facing financial doom. In addition to the homeowner, only licensed lawyers, loan officers and real estate brokers can conduct a short-sale negotiation. What is a short sale?

Sellers 36

Sellers Buyers Real Estate Legal 36

AmeriMac

SEPTEMBER 1, 2021

A Brief History of the Development and Use of Appraisal Management Companies. AMCs as a concept were developed in the 1970s. These legal changes lead to a sharp increase in the use of AMCs. None of the key parties can select the appraiser—including the loan officer, mortgage broker, or homeowner.

Appraisal 36

Appraisal Valuation Law Lending 36

AmeriMac

MARCH 15, 2024

The concept of AMCs was developed in the 1970s but didn’t gain widespread use until after the financial crisis in 2007-2008. The crisis exposed significant flaws in the appraisal process, leading to the development of regulatory measures to ensure more accurate and unbiased appraisals.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36