Housing Wire

MAY 3, 2022

The capital will be used to accelerate Point’s growth in the $25 trillion home-equity market, according to the company’s co-founder and CEO Eddie Lim. Point’s HEI contracts — which have 10- or 30-year maturities, the latter the standard since early 2020 — address many variables in a complicated, nuanced housing market.

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Contracts Investors Investing Market Value 404

Housing Wire

AUGUST 31, 2023

and Business MAPS Management LLC as defendants, Davis alleges that the defendants inflated key profitability metrics including company sales and profits to convince individuals to purchase Keller Williams Regions and Market Centers. In the filings, which name Keller Williams , Keller, former KW president Josh Team, Business MAPS Ltd.

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Contracts Brokerage Business Training 401

Cleveland Appraisal Blog

MAY 27, 2021

While it may seem like many buyers don’t care about what the market value of a home is, I think that we must be careful to not make that assumption. While some may be willing to spend more than market value on a home, in many cases, there is a threshold to the amount a buyer is willing to spend on a home.

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Market Value Appraisal Buyers Marketing 418

Housing Wire

MARCH 24, 2023

An appraisal gap is the difference between what a buyer agreed to pay for a home in a purchase contract and what an appraiser concludes as the fair market value of the property. The truth of it is that an appraisal coming in below the contract price can be a powerful tool for a homebuyer and save them future pain and heartache.

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Appraisal Contracts Tools Valuation 401

Housing Wire

MARCH 1, 2023

The marketing materials include rate, payment, and annual percentage rate (APR) information, and are tailored to the borrower’s unique loan type and amount, property location, down payment, and other details.

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Real Estate Agent Technology Open Houses Loan Officers 309

Cleveland Appraisal Blog

MAY 13, 2021

In the current market, those views may be light-years apart. People who are in the market to purchase a home, may have different motivations for doing so. And right now, many buyers are forced to bring cash to the table to make up the difference between what the home’s market value is determined to be, and the contract price.

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Market Value Contracts Appraisal Buyers 298

Appraisal Buzz

AUGUST 16, 2021

Trying to meet deadlines, keep my clients informed, and put out a quality product in this busy market is enough to make my head spin. Lately, though, I’ve been trying to carve out some extra time to find out about what other appraisers are saying and doing in this unusual market. Markets hate uncertainty.

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Market Value Buyers Appraisal Sellers 448

Appraisal Today

APRIL 2, 2023

What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them.

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Contracts Appraisal HOA Architecture 52

Housing Wire

JUNE 19, 2023

Adding to the issue are concerns raised by educators regarding their working conditions including pay, a lack of support, inflexibility in instruction requirements, lack of multi-year contracts and large classroom sizes according to the Florida Education Association.

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Development Market Value Contracts Construction 340

Housing Wire

DECEMBER 2, 2021

Zillow said Thursday that more than 50% of its remaining iBuying inventory “has sold, is under contract to sell or has reached agreement on disposition terms.”. The company’s market cap has fallen to $13.7 Stock repurchase plans are sometimes used by executives to demonstrate confidence in their companies’ Wall Street value.

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Inventory Real Estate Agent Investors Market Value 417

Cleveland Appraisal Blog

OCTOBER 14, 2021

Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”. Let’s talk about the difference between today’s market and the one during the years leading up to the bursting of the housing bubble in the Great Recession of 2008. Granted, mortgage rates were not terrible.

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Inventory Market Value Appraisal Contracts 243

Appraiserblogs

FEBRUARY 16, 2024

The lender will go through the appraisal with a fine tooth comb and microscope, while ignoring the fact the initial BPO and CMA which led to the listed price the contract was formed around, was totally inadequate and riddled with errors. Clearly off the page in relationship to existing market value indicators.

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Agents Market Value Appraisal Contracts 108

Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. However, oftentimes, it does not. .

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Appraisal Market Value Contracts Agents 418

Housing Wire

NOVEMBER 2, 2021

The prior announcement was stunning in its own right, and led to revelations that the company bought homes for well above market value, and re-listing homes for less than what they were bought for. By close of the market Tuesday, the company’s stock price had tumbled 12% during the day, trading at $87.20

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Market Value Real Estate Agent Agents Business 393

Cleveland Appraisal Blog

MAY 26, 2023

They will analyze market conditions and they will look for comparable sales that have sold in the area of the subject property in recent months. If they end up too high, the home will likely sit on the market until the price is reduced. Now, imagine that a real estate agent values a property for the purpose of a divorce.

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Appraisal Real Estate Agent Real Estate Agents 302

Birmingham Appraisal

MARCH 21, 2023

A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values. In this blog post, we’ll explore the role of market trends when completing a real estate appraisal.

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Real Estate Appraisal Marketing Market Value 83

Housing Wire

JULY 6, 2022

PFSI), which ranks as one of the top five mortgage lenders nationally, are seeking to raise more than $700 million in the debt markets through the sale of notes secured by mortgage servicing rights. And fast-rising rates in 2022 have quelled the once-booming refinancing market, which is a major driver of mortgage prepayments.

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Investing Finance Mortgage Market Value 343

Realtor

MAY 17, 2023

While it’s certainly true that you can let go of the anxiety of needing to show your home at any moment, you still need to cooperate with your buyer, the buyer’s agent, and the commitments made in the contract. Once the contract has been signed, a seller can’t renegotiate the price higher.

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Sellers Inspection Contracts Property Taxes 142

McKissock

MARCH 2, 2021

Here are five excellent resources offered by McKissock Learning—including a Pro-Series webinar on Wednesday, March 17, 2021, “ The Market Value Doesn’t Support the Contract Price, Now What? ”. Webinar: The Market Value Doesn’t Support the Contract Price, Now What? Sign up now.

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Appraisal Contracts Market Value Clients 103

Will Springer Realtor

OCTOBER 19, 2021

About 13% of appraisals came in below the contract price this August, the most-recent available data, according to housing-research firm CoreLogic. housing market is 7% of all mutually accepted contracts. Your real estate pro will know the true market value of the home based on recent sales of similar homes in the area.

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Contracts Appraisal Sellers Real Estate Agent 41

Housing Wire

JULY 13, 2022

June was a rough month for jumbo-mortgage securitizations, with only two private-label offerings brought to market valued at roughly $821 million. The Rocket prime jumbo deal was backed by mortgages valued at $337.9 That has created a distortion in execution and pricing in the secondary mortgage market.

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Mortgage Market Value Marketing Contracts 356

Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. However, oftentimes, it does not. .

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Appraisal Market Value Contracts Agents 263

Cleveland Appraisal Blog

SEPTEMBER 30, 2022

However, enough information should be shared to help the reader begin to develop an idea of how the property being appraised fits into the overall market. This first section of the report discusses some of the positive and negative aspects of a neighborhood that may impact market value. NEIGHBORHOOD. IMPROVEMENTS. How big is it?

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Appraisal Development Market Value Clients 342

Clear Capital

FEBRUARY 23, 2024

For example, a home in a shared equity program is sold at a below-market price, affordable to those making less than 80% of the Area Median Income. Anything in excess becomes “shared equity” and is passed on to future owner-occupants as the house will continue to transact below market price.

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Valuation Market Value Contracts Appraisal 36

Lamacchia Realty

OCTOBER 13, 2022

Closed comparable sales, also known as ‘comps,’ are used to approximate market value for residential properties. All else being equal, the more recent the sale is, the more weight should be placed on the comp’s value. Historically, in a balanced market, comps sold within six months were acceptable to use.

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Marketing Sellers Buyers Market Value 70

Housing Wire

JUNE 11, 2021

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. If the appraised value ends up matching or is higher than the contract price, the transaction can continue as planned.

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Inspection Appraisal Buyers Appraisal Process 424

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. You can also explain why some sales are not comparable, such as different market conditions, motivations, or concessions.

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Real Estate Agent Real Estate Agents Reconsideration of Value 78

Cleveland Appraisal Blog

MARCH 25, 2023

Here are some links to other articles I think you might also enjoy… Housing Concerns About Bank Runs – Housin g Notes by Jonathan Mille r The Power of Praise – Rachel Massey, SRA, AI-RRS, IFA Working RE What is the Role of Market Trends in a Real Estate Appraisal?

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Supply Chain Renovations Appraisal Market Value 280

Eyes on Housing

JUNE 12, 2023

1 Financial Accounts of the United States shows for a third consecutive quarter the value of households’ real estate assets contracted. The combination of economic uncertainty and declining home prices has played a role over the past year in decreasing the value of households’ real estate assets.

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Real Estate Contracts Market Value Marketing 189

Appraisal Buzz

MAY 24, 2021

When you calculate a house’s worth, you think about how numerous factors position the property in the current market. Challenges often arise in how professionals figure out the overall value of multifamily homes. Challenges often arise in how professionals figure out the overall value of multifamily homes.

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Appraisal Tenants Buyers Landlords 397

Cleveland Appraisal Blog

JUNE 17, 2022

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. USPAP and the Contract – Tim Andersen, The Appraiser’s Advocate Podcast.

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Appraisal Development Market Value Tenants 279

Simonson Real Estate

JULY 10, 2020

Examples: Owner-occupied properties don’t have a lease in place and so the property is appraised based on market rents. The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Value Scenarios. What is Market Value As Is and When is it Used?

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Appraisal Process Appraisal Market Value Tenants 148

Simonson Real Estate

DECEMBER 6, 2022

Examples: Owner occupied properties don’t have a lease in place and so the property is appraised based on market rents. The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Clarify What Value or Values are Needed.

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Appraisal Process Real Estate Appraisal Renovations 78

Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property. I have done a lot of estate appraisals.

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Appraisal Real Estate Real Estate Agent Contracts 77

McKissock

JULY 27, 2021

Many survey respondents emphasized the importance of making sure your work is as detailed and well-supported as possible—by means of careful comparable selection and analysis, thorough documentation, and clear explanation of why the available comps do not support the contract price. ” “Market analysis and illustrations.”

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Appraisal Contracts Clients Marketing 109

Appraisal Today

JULY 1, 2023

NOTE: Please scroll down to read the other topics in this long blog post on new online Fannie forms, highest and best use, real estate market, unusual homes, mortgage origination stats, etc. Famed Rotating Home in California On the Market for $5.3M How can market value be a function of price since price is not value?

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Appraisal Contracts Market Value Mortgage 86

Birmingham Appraisal

NOVEMBER 14, 2023

Agents and appraisers are not that different in their desire to determine an accurate market value for a property. The contract price and appraisal value will need to line up or the buyer will not be able to get a loan to pay for the property. Agents should also consider the seasonality of the real estate market.

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Market Value Agents Appraisal Bracketing 85