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Appraiser Has Very Big Problems With Borrower

Appraisal Today

I will never forget “I’m only the appraiser!” NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, and types of bias, Scams on black homes, unusual homes, mortgage origination stats, etc. Opens in You Tube. Glass-Walled, Midcentury Manse in Houston $3.1M

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NAR Appraisal Survey 2022

Appraisal Today

Close to one-third conduct an appraisal outside their area of expertise on a weekly basis. Twenty-three percent of appraisers report never having to conduct an appraisal outside of their geographic area or area of expertise. The typical appraiser reports a 40-mile radius in which they conduct appraisals.

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Logan Mohtashami: The 2022 housing forecast

Housing Wire

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.

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Appraising Luxury Homes

Appraisal Today

Check out the list of areas in the article to see if any are close to you. What Are the Top Luxury Markets in North America Right Now? Excerpts: Where are the hottest high-end real estate markets? Both inventory levels and new listings increased significantly in recent months, leading to an 18 percent increase in sales and a 1.6

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What Do Appraisers Look For in a Sales Contract?

Appraisal Today

Why must an appraiser be given a copy of the sales contract? That’s the real reason why—because USPAP says so. NOTE: Please scroll down to read the other topics in this long blog post on Fannie Update: UAD and New “Forms”, concessions, non-lender appraisals, unusual homes, mortgage origination stats, etc.

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What Are Fannie’s New Appraisal Online Formats?

Appraisal Today

The Never-ending Story It is also apparent that the report will be far longer than its predecessor. To read more plus appraiser comments, click here My comments: Read this article! It is more of a complex decision tree or flow chart, where ‘yes/no’ questions trigger new sections and required data and supplements.