Housing Wire
APRIL 7, 2021
In what will be known to future generations as the Great Reshuffling, a recent Zillow survey showed that more than 1 in 10 Americans reported moving in the past 12 months, either by choice or by circumstance. And now, with the COVID-19 vaccine circulating and the economy slowly regaining strength, Zillow researchers say millions of additional households could enter the housing market in 2021.
The Appraiser Coach
APRIL 20, 2021
I recently met with another appraiser who admitted to me he was still using a clipboard and pen. There are very few people out there still using these; most appraisers. Read More.
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George Dell
APRIL 21, 2021
Could the very definition of market value hold bias? Let’s look. First, we need to figure out what types of bias there might be. There are two major categories: 1) analytical bias; and 2) human bias. And there may be some overlap! Analytical bias generally comes from two places: Error in data selection; Error in […]. The post Is Market Value Itself Biased?
Sacramento Appraisal Blog
APRIL 13, 2021
It feels like chaos out there. The housing market is on steroids and it’s mind-blowing to see such rapid growth lately. Today I want to unpack ten things I’m watching in today’s market. For my out-of-area readers, I’m guessing you are probably seeing the same trends. But please let me know. What is similar or […].
GoForrmz
APRIL 6, 2021
Automatically populate a user’s GPS location when they generate a form and improve operational transparency GPS fields improve transparency into your team’s activities across job sites, franchise locations, offices, and more. These GPS fields can even be instantly populated when a user generates a new form, reducing data entry demands and ensuring an accurate location is entered every time.
Realtor
APRIL 14, 2021
Getty Images Even during the COVID-19 pandemic, people want—and need—to buy homes. The housing market has been red-hot for a while, but the current market conditions make buying more of a challenge than ever. “There is a shortage of houses in many markets. This is creating bidding wars, offers over asking, and appraisal gaps—houses are going quickly,” says Shanon Schinkel , branch manager and mortgage lender at Homebridge Financial Services.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
The Appraiser Coach
APRIL 27, 2021
It is possible to be simultaneously licensed and practicing as a real estate appraiser while also being a licensed and practicing real estate agent. The answer is yes, but there. Read More.
George Dell
APRIL 7, 2021
Basic sequence of valuation is basic: identify problem, gather the “comparable” data, adjust, and report. Simple. Basic. The Market for Valuation Series, Part 1 How about AVMs? (Automated Valuation Models). The words are a bit different, but the process is the same: Enter the address, apply the data collect algorithm, apply the predictive algorithms, spit out […].
DataMaster
APRIL 6, 2021
What is an home appraisal? Why Didn’t My Home Appraise Higher? Appraisals can be confusing. A friend (I’ll call him Art) recently had his home appraised. When the appraisal came back, he was shocked to see that his home appraised for less than two homes nearby that had recently sold. Art’s home has an upgraded kitchen and newer carpet.
GoForrmz
APRIL 12, 2021
Augment your manufacturing contracts with these powerful fields and features Digital form fields and features can significantly improve the completeness and professionalism of your manufacturing contracts and service agreements. Your manufacturing forms can be easily digitized for use on phones, tablets, and computers, making it easy to generate and dispatch forms from any location.
JMV Lending
APRIL 5, 2021
One of the most frustrating and expensive aspects of our business is dealing with low appraisals. It is frustrating b/c borrowers invariably blame us for the problem – even though we have very little control over the issue. It is expensive b/c we often end up throwing money at the issue to assuage borrowers and […]. The post Appraisal Woes Not Your Lender’s Fault; Blame Andrew Cuomo :) appeared first on JVM Lending.
Housing Wire
APRIL 5, 2021
The Consumer Financial Protection Bureau (CFPB) released a notice of proposed rulemaking on Monday that would amend Regulation X to provide a special pre-foreclosure review period prohibiting servicers from starting foreclosures until after December 31, 2021. Under current CFPB foreclosure rules, a borrower must be 120 days delinquent before the foreclosure process can start.
The Appraiser Coach
APRIL 13, 2021
Some people might say a public forum isn’t the place to air this dirty laundry, but this is not really a public forum. Of my thousands of readers, very few. Read More.
Appraiserblogs
APRIL 5, 2021
If not for all the Political Correctness speech prohibitions, I could earn a living as a comedian off my family tree stereotypes alone!… One of the saddest things about Political Correctness is that we lost the ability to laugh at ourselves, including our racial stereotypes. One of my old diving partners was black, and he and I could tease each other.
McKissock
APRIL 20, 2021
Becoming a real estate agent requires a giant leap of faith and an investment of time and money. That’s why some agents may choose to test the waters with a part-time real estate position while hanging onto a steady income from another job. Industry veterans may also find that working for a part-time real estate agent salary provides an alternate or transition to retirement or a way to balance work and family life.
GoForrmz
APRIL 8, 2021
Streamline and accelerate order fulfillment, customer communication, and invoicing Digital forms act as a powerful asset for beverage distribution teams. When relying on paper forms or cumbersome PDF fillers, miscommunications resulting from data entry errors, lost forms, or form delivery delays can have costly consequences. For example, entering the wrong product name into a form could result in a product out of stock (OOS) at a customer site – a mistake that can cost your operation business or
BiggerPockets
APRIL 22, 2021
Your ability to qualify for a mortgage hinges on your home appraisal—so how can you maximize your home's value? Here, learn how to challenge a low appraisal and get the highest valuation possible.
Housing Wire
APRIL 2, 2021
Should you or shouldn’t you downsize? If you’re a homeowner , this is a question you’ll inevitably ask yourself. While owning a home is exciting, it comes with a great deal of responsibility. If your home doesn’t fit your lifestyle anymore, you might want to consider purchasing something smaller – or even renting. Besides cutting costs, downsizing has additional benefits.
Assurance Financial
APRIL 29, 2021
How to Build Equity in Your Home. When you own your home, you can feel a sense of stability and security. You have a roof over your head and a place to raise a family if you choose to do so. You also get full control over how you decorate the home and any changes you make to it. There’s another benefit to homeownership, and that’s the chance to build equity in your home.
Appraiserblogs
APRIL 7, 2021
An appraiser shared the following with us. Amrock is requiring all appraisers on their panel to complete a diversity, equity and inclusion training by April 19, 2021. Amrock Diversity, Equity and Inclusion Training Requirement: You’re Cordially Required to Take Part in This Training Hello, As an organization, we firmly believe in the importance of diversity, equity and inclusion (DE&I) for everyone – and we’ve taken a stance through the implementation of our DE&I Strategic Plan.
McKissock
APRIL 9, 2021
The COVID-19 pandemic has significantly influenced the real estate market over the past year. Last month (March 2021) we asked appraisers across the U.S., “What type of appraisal has seen the MOST growth in demand in your local area due to COVID-19?” About two-thirds of survey respondents reported that residential appraisals have experienced the biggest pandemic-related boom.
GoForrmz
APRIL 2, 2021
Easily collect feedback with digital evaluation forms and online form sharing From student progress reports to customer surveys, digital (and online ) evaluation forms simplify the collection of important feedback. Your digital evaluation forms can be easily digitized for use on phones, tablets, and computers, requiring no code or IT support to get started.
BiggerPockets
APRIL 20, 2021
Short-term stays using popular rental services like Airbnb are quickly becoming the norm. But being a host can change your tax liability? If investors are not careful, they may end up paying additional taxes. Here's how to avoid self-employment taxes.
Housing Wire
APRIL 19, 2021
A recent article published by CNBC showed that internet searches for the term “housing crash” had gone up 2,450% in the past month. A lot of folks are concerned about a housing market crash. They may be wishing for it, or they may be fearing that it will happen — but they are thinking about it. I understand the concern. A home is your shelter.
Real Quantum
APRIL 13, 2021
What Does a Commercial Real Estate Appraiser Do? W hen people think of appraisers they usually think of residential appraising. Most people’s only experience with an appraiser is when they buy a home. The role of commercial real estate appraiser may not be as well-known, but they have many similarities. What does a commercial real estate appraiser do?
Appraiserblogs
APRIL 22, 2021
It was a bit surprising how little attention was paid to the announcement of Madoff’s death in prison. Good. His returns were amazingly linear and there were a number of people that kept calling out the ponzi but he was close with regulators. Because my firm is located in NYC, we’ve ended up doing appraisals in matters related to the post-Madoff tragedy/cleanup.
Dart Appraisal
APRIL 30, 2021
THE NECESSITY OF A COMMERCIAL ENGAGEMENT LETTER. A commercial engagement letter is a written agreement to perform services in exchange for compensation. Engagement letters are traditionally used by certain professional service firms, particularly in finance, accounting, law, real estate appraisal, and consulting, to define the specifics of the business relationship, or in the case of an appraisal – the assignment expectations.
GoForrmz
APRIL 29, 2021
Explore the key takeaways from our Field Service USA 2021 executive roundtable This week we had the pleasure of leading a field service executive roundtable discussion on overcoming challenges in the field with digital tools and resources, featuring GoFormz CEO, Rob Brewster, alongside our customer guest, Goldwind USA. Joined by over a dozen field service executives, our roundtable began with a discussion of how Goldwind USA leverages GoFormz to save their team time and significant budget throug
BiggerPockets
APRIL 21, 2021
Hiring a professional inspector is an essential part of the home-buying process—but all home buyers and investors should know how to quickly assess a property's condition. Here's what to look for during your walkthrough.
Housing Wire
APRIL 22, 2021
According to the National Association of Realtors, March’s existing-home sales came in at 6.01 million. Because March 2020 sales were slightly weaker due to the start of COVID-19, the year-over-year growth in sales for March 2021 came in at 12.3%. For the housing market, the COVID crisis started in earnest the week of March 23, as that is the last week we saw positive year-over-year data in 2020 before COVID-19 really took us for a ride.
Assurance Financial
APRIL 29, 2021
Mortgage Lending Terminology . If you plan to buy a home or refinance an existing mortgage, you’ll likely encounter mortgage loan terms and definitions that may be unfamiliar — especially if you’re buying a house for the first time. Our mortgage glossary can help you better understand the terminology you’re likely to hear or read as you go through the loan application and homebuying process.
Clear Capital
APRIL 19, 2021
Available today through a friendly interface, ClearProp is an interactive property valuation tool that enables quick and reliable assessment of nearly every property in the U.S. RENO, Nev. — April 20, 2021 — Clear Capital, a real estate valuation and analytics fintech leader, today announced its all-new ClearProp , a comprehensive property valuation and analytics tool with nationwide coverage that enables quick and accurate property value conclusions.
Dart Appraisal
APRIL 2, 2021
Dart appraisal Discusses Uniform Standards of Professional Appraisal Practice and Value Approaches. Periodically, Dart Appraisal will receive inquires regarding the approaches to value and when they are or are not applicable. As most industry participants know, there are three typical approaches to value in an appraisal report: Cost Approach, Sales Comparison Approach, and Income Approach, summarized as follows: Cost Approach – The current cost of reproducing or replacing a building, minus an e
GoForrmz
APRIL 20, 2021
Turbocharge your field service workflows with digital forms and data capture No matter your industry, digital forms and data capture can significantly transform your operations daily workflows. Your digital field service forms can look exactly like your existing work documents (requiring no code or IT support) making it easy to onboard new users or maintain critical formatting requirements.
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