Appraisal Today

JANUARY 19, 2024

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. The Sopranos – Lupertazzi’s Rough Up Appraiser To watch, click the video above. Opens in You Tube. Excerpts: five bedrooms, 4.5 Built in 1970.

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Appraisal Contracts Real Estate Architecture 72

Birmingham Appraisal

AUGUST 2, 2023

A Guide to Selecting the Right Appraiser Selecting a real estate appraiser is a crucial decision that can significantly impact your financial transactions and investments. Certification and Licensing Appraisal standards and regulations are vital to maintaining the integrity of the profession.

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Appraisal Agents Valuation Real Estate 70

Lamacchia Realty

SEPTEMBER 20, 2023

EVERYTHING YOU NEED TO KNOW ABOUT CLOSING COST CREDITS Buyers , sellers , and sometimes even real estate agents get confused with how closing cost credits work. For additional details on closing costs when buying visit our blog How Much Money Do I Need in Order to Buy a Home? That is no longer allowed.

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Sellers Buyers Property Taxes Inspection 62

McKissock

JANUARY 6, 2023

Department of the Interior also offer similar employment opportunities related to real estate collateral, appraisal policy, and appraisals. At the end of the holiday season, we start hearing the phrase repeatedly used in weight loss industry advertisements, “New Year, New You!” All that noise got me thinking.

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Appraisal Training Lending Land Management 74

Will Springer Realtor

NOVEMBER 21, 2023

For those seeking an alternative route to homeownership, wraparound mortgages may just be the answer. Here’s a look at this innovative financing option that’s tailored for first-time buyers and others seeking to get their dream home. It starts with the current homeowners and their existing mortgage. Faster Homeownership. Default Risk. Cancel Risk.

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Mortgage Legal Sellers Buyers 64

Appraisal Today

JANUARY 5, 2024

NOTE: Please scroll down to read the other topics in this long blog post on New CA bias classes, 2024 New Years resolutions, 2024 goals, unusual homes, mortgage origination stats, etc. Five USPAP Myths Dispelled in 2024 USPAP By Daniel A. These represent the first changes to USPAP in four years. Excerpts: 4 Bedrooms, 4.5 baths, 4,000 sq.ft.,

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Appraisal Contracts Legal Business 74

Movoto

APRIL 29, 2024

In this special edition episode, industry veteran Chris Heller breaks down the settlements of the real estate industry class action lawsuits in straightforward terms and sheds light on what it means for agents, brokers, and real estate companies. Chris is a trailblazer and a seasoned veteran in the world of real estate.

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Agents Sellers Realtors Buyers 36

Cleveland Appraisal Blog

MARCH 15, 2023

Hello dear readers! I hope you are all doing as well. This week, I welcome a new guest blogger, Evelyn Grier, who specializes in writing articles on healthcare, senior care, and digital marketing. In the following article, she shares some things to keep in mind regarding senior living. As we age, our housing needs change.

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Legal Transportation Appraisal Design 52

Movoto

FEBRUARY 23, 2024

Outside of buying a home , there is another viable way an individual or couple can obtain ownership of real estate known as rent to own. Though rent to own homes are less common arrangements, this is a viable way for many to achieve the dream of owning a home. What Does Rent to Own Mean?

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Contracts Finance Real Estate Legal 36

McKissock

JULY 24, 2020

Each state has its own set of administrative procedures used to handle disciplinary complaints against licensees of various professions, such as appraisers, real estate agents and broker s, doctors, nurses, accountants, etc. Then, in this state, the case is reviewed by a panel of attorneys, to see if the case has any merit.

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Appraisal Law Government Real Estate Agent 53

Appraisal Today

JUNE 23, 2023

Attorney Peter Christensen, general counsel at the Christensen Law Firm in Bozeman, Montana, notes that lawsuits against individual residential appraisers, or small residential AMCs, are fairly rare, and successful suits rarer still. He designed the estate, completed in 2000, from the ground up.

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Appraisal Real Estate Valuation Contracts 85

McKissock

JUNE 21, 2022

The subdivision developer, builder, sales staff, surveyors, appraisers, brokers, as well as attorneys from all sides eventually were involved. The subdivision developer, builder, sales staff, surveyors, appraisers, brokers, as well as attorneys from all sides eventually were involved. Some developers do it differently.

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Appraisal Investors Legal Development 88

AmeriMac

MARCH 15, 2024

Appraisal Management Companies (AMCs) play a crucial role in the real estate industry by providing independent appraisal services to lenders and other clients. The Evolution and Purpose of Appraisal Management Companies Appraisal Management Companies (AMCs) have a relatively recent history in the real estate industry.

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Appraisal Appraisal Process Valuation Real Estate 36

Housing Wire

OCTOBER 20, 2023

The world of real estate is constantly in flux, yet one thing remains true: Lead generation is one of the most important requirements for maintaining a successful real estate business. Particularly in the 2023 economy, with interest rates on mortgage rates stubbornly perched around 7.5% By being true to yourself.

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Real Estate Tools Open Houses Advertising 421

Will Springer Realtor

MARCH 1, 2022

Buyers can include a home inspection addendum with their offer (though highly risky for both parties as it can introduce ambiguity in the agreement unless carefully crafted) or a blank addendum expertly drafted by a real estate attorney for the purposes of collecting information on the condition of the home.

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Inspection Buyers Sellers Real Estate 36

Appraisal Today

JANUARY 13, 2023

One of the responses: “Sorry this happened to you. To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on all cash sales, bad bank, FHFA/Fannie, speaking at real estate agent meetings, unusual homes, mortgage origination stats, etc. ==.

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Appraisal Real Estate Valuation Law 52

Quicken Loans

MAY 18, 2021

If they’ve left behind a house, that’s one of the bigger responsibilities that you, as the person’s next of kin, will have to figure out how to deal with. Who’s Responsible For The Property? If the loan had a co-signer, that person is responsible for continuing the loan payments following the owner’s passing.

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Landlords Decorating Market Value Mortgage 55

Will Springer Realtor

MAY 23, 2023

An assumable mortgage allows homeowners to sell their property to a buyer who agrees to take legal responsibility for the sellers’ government-backed loan and pay it off according to the terms, including that deliciously low interest rate that can deliver long-term savings. Why is this option rarely discussed?

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Mortgage Sellers Buyers Government 36

Quicken Loans

JUNE 8, 2021

But if you work with a real estate agent who understands your local foreclosure market, the stress shouldn’t be much higher than during a traditional home buy. But if you work with a real estate agent who understands your local foreclosure market, the stress shouldn’t be much higher than during a traditional home buy.

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Real Estate Agent Inspection Government Real Estate 72

Appraisal Today

NOVEMBER 4, 2022

Have a very responsive credo. Keep them up to date in every step of the report so that they can keep the Lender (and the Buyer/Seller/Realtor/Closing Attorneys when applicable) all in the loop on the progress of the report. My comments: Read this blog post with practical tips from practicing appraisers. By McKissock.

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Reconsideration of Value Appraisal Inspection Advertising 52

K.W. Appraisals

JANUARY 5, 2019

Real estate appraisal is called a profession rather than a trade, and as with any profession we have a strict ethical code. We have a great deal of responsibilities as appraisers, but our main duty is to our clients. Maintaining high ethics and client confidentiality is what we do every day at K.W.

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Appraisal Clients Real Estate Sellers 28

The Robert Weiler Company

APRIL 15, 2022

And since commercial real estate for rent or lease is not generally subject to being listed on the MLS (Multi-Listing Service), it can be challenging to find an ideal commercial property for rent in Columbus, Ohio, and the surrounding region in the first place. What does it mean to lease commercial real estate?

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Tenants Landlords Property Taxes Insurance 144

Chicagoland Appraisal Blog

MARCH 21, 2022

In March, I had the pleasure to join Attorney Peter Olson to talk about family law, divorces and home appraisals. TRANSCRIPTION: If you’re buying, selling, divorcing, filing bankruptcy, fighting your property tax bill, etc…it’s super important to value your real estate correctly. Peter: Hello!

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Appraisal Tenants Real Estate Property Taxes 148

The Robert Weiler Company

DECEMBER 15, 2022

Negotiating a commercial lease is the most important aspect of renting commercial real estate for lease. Landlords typically provide their own leases to prospective tenants of their commercial real estate for lease. What is a commercial real estate lease agreement? There is usually much room to negotiate.

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Real Estate Tenants Landlords Property Taxes 78

Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Worth reading. A good summary. I suspect that a company based in Boston, MA sees lots of historic homes! No effect on value.

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Appraisal Contracts Training Architecture 79

The Robert Weiler Company

SEPTEMBER 19, 2022

The importance of a fully modern open space preservation vehicle – a conservation easement in Ohio – cannot be better summarized than by our 26th President. Theodore Roosevelt, one of the nation’s original land protectionists, embodied the power and beauty of a conservation easement in the following quote: “Here is your country.

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Easement Legal Government Contracts 148

Appraisal Today

NOVEMBER 20, 2022

Sins of the Past Are Back to Haunt Appraisers. Fannie Mae Takes A Closer Look at Appraisals. By Richard Hagar, SRA. Excerpts: In the recent past, when appraisers were swamped. Even with the Collateral Underwriter program review, appraisers were overwhelmed. Failure to make appropriate time/market adjustments (positive or negative).

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Appraisal Real Estate Agent Real Estate Contracts 52

Appraisal Today

APRIL 1, 2023

To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals and liability, sharing comps, Fannie Update, unusual homes, mortgage origination stats, etc. == Sculptural Home in Venice, CA, Hits the Market for $5.8M

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Clients Appraisal Contracts Business 52

Appraisal Today

MARCH 3, 2023

In addition to the top answers listed above, we received many other write-in responses. To read more of this long blog post with many topics, click Read More Below!! To read more of this long blog post with many topics, click Read More Below!! What Tools Do You Use to Support Your Appraisal Adjustments?

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Tools Appraisal Home Value Business 52

Simonson Real Estate

APRIL 26, 2021

In the world of single-tenant commercial real estate one property type sub-group has stood out: Dollar Stores. This month, we share insights, Simonson Appraisals authored charts, and graphs specific to the current Dollar Store net lease market. Net Lease Markets. Below is a snapshot of several dollar store datapoints collected.

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Marketing Tenants Real Estate Valuation 78

Will Springer Realtor

MARCH 30, 2021

Here are 11 thoughts, gathered from experienced real estate agents, and shared with you: Financial backing – Before considering offers, buyers should speak with their lender to request a letter that states they are strong candidates for a mortgage loan to cover the cost of the home. Take the home-offer scenario, for example.

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Inspection Sellers Buyers Real Estate 36

Appraisal Today

JUNE 24, 2022

Those topics are fodder for other lengthy blog posts all by themselves. Among the rights that come with real property ownership is the right to exclude others. Excerpts: What about an off-site water view? In a large townhouse-style condominium complex, there were only eight units that had water views. Water rights play a major role.

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Appraisal Contracts Mortgage Real Estate 52

Appraisal Today

OCTOBER 13, 2023

Level 2 – Intermediate At the intermediate level, you realize there is more to appraising real estate than checking boxes. For example, are you competent to prepare an entire appraisal from start to finish? You might answer, “Absolutely!” But what if the appraisal form was completely blank with no boilerplate text?

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Appraisal Law Contracts Business 79

Appraisal Today

SEPTEMBER 9, 2022

To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on Value Reconciliation, non-lender appraisals, liabililty, USPAP, unusual homes, mortgage origination stats, etc. =. The importance of this cannot be overstated. Humor for Appraisers.

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Reconsideration of Value Appraisal Clients Contracts 52

Appraisal Today

JULY 22, 2022

In response to your feedback, we’ve updated the Standardized Property Measuring Guidelines with some new and substantively revised FAQs, including clarifications on the terms “declaration” and “statement of finished sq ft.”. Owners, reviewers, underwriters, real estate agents, and many others who read the appraisals are sometimes confused.

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Appraisal Contracts Buyers Design 52

Will Springer Realtor

JUNE 8, 2022

Well, I am only a single real estate professional with one opinion but, for me, the solution includes enacting a blend of corporate and federal dollars toward incentivizing the development of affordable for-purchase housing that targets under-served communities whose residents would otherwise find homeownership difficult to achieve.

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Design Construction Development Property Taxes 36