Appraisal Hub

SEPTEMBER 24, 2020

Here are commonly used valuation methods to give you an idea of what a property appraiser might use: Value per Unit – This method generally applies to apartment buildings rather than single-unit properties. Your chosen valuation method should depend on the type of property you own.

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Housing Wire

NOVEMBER 3, 2023

The platform helps to differentiate from the competition with real-time and augmented property valuation estimates, unique AI-driven property search, personalized market intelligence, valuable real estate agent connections, potential savings and rebates*, and more. Find their dream home faster. Evaluate properties instantly.

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Housing Wire

SEPTEMBER 30, 2020

STREAMLINED CONSTRUCTION PROCESSES. Construction Title Pro (CTPro) is a nationwide title platform built to streamline highly fragmented processes while reducing costs. Powered by Premium Title and Granite Risk Management, it provides a single destination for all construction title and settlement work.

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Simonson Real Estate

AUGUST 24, 2020

It was here that I had the opportunity to moderate the Banking and Construction Lending Update discussion with Patricia Gnetz of U.S. The larger national bank lenders confirmed they are still active in new construction lending and were able to successfully close several pre-construction loans that were in process when COVID-19 started.

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Housing Wire

AUGUST 16, 2022

Blue Water provides asset valuation, MSR distribution, MSR hedging and digital solutions to MSR investors and mortgage lenders. million, and also has leading products in property valuation/appraisal, analytics and settlement services. ” Voxtur acquired appraisal management company Anow last year for $30.5

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Simonson Real Estate

JULY 22, 2021

To help achieve the greatest return on investment, a careful selection of building materials and construction methods must be chosen and used. From an appraisal perspective, the character, quality and appearance of building construction are reflected in each of the three approaches to value.

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Housing Wire

NOVEMBER 19, 2020

Low mortgage rates fuel the demand for valuation and settlement services. October’s housing starts data from the Census Bureau revealed construction is attempting to keep up with that heightened demand as starts rose 4.9% to a seasonally adjusted annual pace of 1.53 million – the highest since this February.

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Appraisal Buzz

JULY 12, 2021

I have also been actively involved with the Collateral Risk Network for over a decade and am a recipient of the Valuation Visionary Award. Within the real estate and the valuation industry, commodities would be housing – the construction of, the buying and selling of, and the financing of.

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Appraisal Buzz

DECEMBER 13, 2021

I have also been actively involved with the Collateral Risk Network for over a decade and am a recipient of the Valuation Visionary Award in 2013. . Within the real estate and the valuation industry, supply chain components impacted by shortages include housing – the construction of, the buying and selling of, and the financing of. .

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Housing Wire

NOVEMBER 9, 2023

Last week, the Federal Housing Administration (FHA) updated appraisal requirements for the valuation of manufactured homes certified under Fannie Mae ’s MH Advantage and Freddie Mac ’s CHOICEHome programs.

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McKissock

FEBRUARY 4, 2022

The share of new construction homes on the market rises to a record high. Incenter Appraisal Management and McKissock Learning partner to host several desktop valuation training webinars. Incenter Appraisal Management and McKissock Learning partner to host several desktop valuation training webinars. Read the full report.

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Housing Wire

JANUARY 19, 2022

The option is not available for second homes, investment properties, cash-out refinances, construction loans, multi-unit properties, renovation loans, condos, co-ops or manufactured homes. Last year, wholesale lender United Wholesale Mortgag e said it would not require its brokers to go through an appraisal management company.

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Housing Wire

FEBRUARY 6, 2023

The deal gave the combined company a valuation of $16.1 It also introduced a product that covers the cost of building a home, converting to a permanent mortgage once construction is complete. UWM went public in January 2022 after merging with a special purpose acquisition company (SPAC) named Gores Holdings IV.

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Housing Wire

JUNE 14, 2023

“It’s been extremely expensive and unaffordable for a lot of families to purchase a home, so they’re going to have to find alternative housing through the rental side,” Brandon Lwowski, director of research at valuations firm HouseCanary , told Conroy. Homebuyers have been sitting on the sidelines.”

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Clear Capital

AUGUST 30, 2021

Clear Capital , a real estate valuation and analytics fintech leader, today announced that its ClearInsight app was named “Property Valuation Tool of the Year” in the inaugural 2021 PropTech Breakthrough Awards. Company recognized for innovation in global real estate technology industry. August 30, 2021 —. Media Contact.

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Housing Wire

FEBRUARY 24, 2022

Marcia Fudge investigate the specific incident and launch a “systemic fair housing investigation into housing valuation discrimination.” The groups also said they would address issues of bias and discrimination in a “constructive manner, with respect for all views and participants in the conversation.”.

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Appraisal Buzz

MARCH 2, 2022

The Collateral Risk Network is committed to working on the issues of bias and discrimination in the valuation profession in a constructive, proactive manner, with respect for all views and participants in the conversation. Regards, Collateral Risk Network, Inc.

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DW Slater Company

FEBRUARY 13, 2024

From large, elaborate luxury homes, to industrial buildings, to large tracks of acreage, to equine facilities, to new construction and old historic homes and buildings. The number of non-appraisal valuation products on the market is concerning as so much the economy can be impacted by wrong valuations (just look back at the 2008 crisis).

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Housing Wire

JUNE 1, 2021

How hybrid title and valuations help increase lending efficiency. The tax credit would cover the difference between total development costs — including acquisition, rehabilitation, demolition and construction — and the sales price. HUD has also taken steps to craft a rule on the legal duty to Affirmatively Further Fair Housing.

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Housing Wire

FEBRUARY 22, 2024

Balancing supply and demand is a delicate dance between new construction and existing properties. Financial risk mitigation involves diligence, data analytics, and the expertise of VRM’s licensed real estate professionals , leveraging over 40 years of valuation data through its affiliate, PCV-Murcor.

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Clear Capital

MARCH 4, 2022

With a desktop valuation, appraisers use extensive data gathered by third parties and public records in place of a physical inspection to complete the appraisal. The post Understanding desktop appraisals and how to use them for home valuations appeared first on ClearCapital.com, Inc. or its subsidiaries. All rights reserved.

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Appraisal Buzz

MAY 18, 2022

I started at the Department of Housing & Urban Development in a temporary position in the Valuation Branch in the Minneapolis field office. They include exterior and interior inspections, new construction, as-is and as-repaired and appraisals for a variety of uses within financial institutions.

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Housing Wire

APRIL 19, 2023

The sharper focus on cost is now boosting interest in modular factory-built ADUs, which tend to be less expensive and faster to build than custom onsite construction. So from the narrow perspective of short-term real estate valuation (that is, excluding potential rental income), you’re looking at 1.5x or better ROI in those markets.

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Boston Appraisal

MAY 17, 2023

The person who appraises the property, the appraiser, physically inspects the property to measure it, take pictures of it, and make note of the condition and the quality of the construction. In the case of a new construction property, the appraiser may only be able to inspect a vacant plot of land; the proposed house is still not built.

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Housing Wire

SEPTEMBER 19, 2023

Since the seller’s market for brokerages has passed for the moment, valuations have taken a hit. I suspect we will see more walkovers and big teams also making moves as they seek to improve their take on each transaction which creates even more uncertainty in valuations. It needs to be customized and personal.

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Appraisal Buzz

JULY 25, 2022

I provide short and long-term consulting services related to valuation, education, review, and investigations. Buzz: What is your background in the industry? Josh Walitt: I’m the principal consultant for Walitt Solutions. Buzz: In what ways is new technology impacting the future of appraisal industry in regards to this new process?

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Housing Wire

MAY 12, 2021

Instead, she is looking to buy a newly-constructed home from a large homebuilder. If she is unable to wait the six months or more it could take to finish construction, she may forgo her hard-earned government benefit altogether. But it might be a while until Williams’ client could actually stop paying rent and move into a home.

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Housing Wire

APRIL 4, 2023

From the housing supply side, machine learning models could help address bias in the collateral valuation process , Peter Carroll, executive of public policy & industry relations at CoreLogic , said. “I’ve

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Chicagoland Appraisal Blog

AUGUST 1, 2023

This includes the property’s physical characteristics, such as the size, type of construction, age, updates, deferred maintenance and overall condition. Cost Approach If applicable, this section estimates the cost to rebuild the property from scratch, considering factors like land value and construction costs.

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Valuation Review

OCTOBER 20, 2021

28 to boost housing production across California, complementing the governor’s $22 billion housing affordability and homelessness package and ongoing work by the state to spur more housing production, tackle barriers to construction and hold local governments accountable. Gavin Newsom signed AB Bill 948, and other bills, on Sept.

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Simonson Real Estate

JULY 10, 2020

New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc. The concept of an “as is” value is not included in the Standards of Valuation Practice of the Appraisal Institute, Uniform Standards of Professional Appraisal Practice, or International Valuation Standards.

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Housing Wire

APRIL 20, 2021

Most sellers, if given the choice, would seldom choose a lengthy construction financing process to a cash offer on a dilapidated house. Snover said that few real estate agents suggest that buyers purchase a home with a renovation loan, sometimes because they are unfamiliar with the process — which has its complexities.

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Appraisal Buzz

AUGUST 9, 2021

Who even knew about desktop valuations or evaluations? California building code now allows ADUs and is mandating solar on new construction. Many, many years ago, the majority of appraisers had no idea what an AMC was. Not so long ago, there were very few appraisers that knew about property inspection waivers.

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Appraisal Buzz

JUNE 20, 2022

It’s not unusual for alterations to be made to plans during construction, or for the improvement to be built at variance to the specifications due to decisions made on the fly. Maintain, in your workfile, the information necessary to support your scope of work decision.

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Housing Wire

APRIL 15, 2024

If sellers wait, their business valuations could remain relatively stable or come down. We can still see decent conditions in the mortgage market,” he added, noting some constructive signs from homebuilders that point to the fact that affordability is tight. Each quarter that they move forward is closer to recovery.

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Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Signed lease documents, detailed rent roll, etc.

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Valuation Review

MAY 24, 2021

RCN Capital Chief Marketing Officer Erica LaCentra recently shared more with Valuation Review about whether a rise in the number of homes for sale will still fall short of the demand currently being seen.

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