Smart Inspections
The Appraiser Coach
JULY 19, 2022
This woman said that she has been using an iPad for years to do her mobile inspections, but had heard. I was recently contacted by an individual with a question. Read More.
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UWM rolls out construction-to-permanent loans
Housing Wire
FEBRUARY 1, 2023
“The streamlined process and certainty One-Time Close New Construction loans offer is unmatched and will set brokers up to be the hero with builders, real estate agents and contractors, and get their borrowers in their dream home,” Mat Ishbia , president and CEO of UWM, said in a statement.
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How to get a real estate license in Ohio (OH) in 5 steps
Housing Wire
NOVEMBER 30, 2023
Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Ready to find a real estate brokerage?
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Opinion: Investors play key role in providing affordable housing options
Housing Wire
JUNE 21, 2022
housing stock; yet, they bring some unique characteristics to the market. Data from John Burns Real Estate Consulting shows that student loan debt has increased 100% since 2007, keeping many renters in place. Let’s first consider some of the factors driving increased home rentership. There’s an even more subtle consideration.
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The hybrid appraisal is here. Who benefits?
Housing Wire
JULY 12, 2022
Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser.
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The Complete Guide to Buying a Home As a Government Employee
Raleigh Realty
MARCH 29, 2021
Buying a Home As a Government Employee Are you a government employee preparing to buy a home? With the right resources, you can ensure a successful investment and one in which you may save tens of thousands of dollars thanks to being a government employee. Who Is a Government Employee?
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Why Are People So Complicated?
The Appraiser Coach
DECEMBER 5, 2023
I had gone over to do an inspection for him, and we got to talking about how he had had another guy come through earlier to do an appraisal of his home. He mentioned how his brother’s home of a similar size had sold in a different market for a much higher price. Real-estate agents, homeowners, appraisers – we’re all human.
Remember liar loans of a decade ago? Those same people want to do away with appraisers.
Miller Samuel
NOVEMBER 30, 2018
As we say in the petition , this change can impact several groups in particular: consumers, the taxpayers, the housing market and appraisers. One group not explicitly mentioned in the petition but impacted down the road are real estate agents and brokers. Those are "PiW" loans or have a "Property Inspection Waiver."
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CubiCasa’s free SaaS technology has helped create more than 1 million floor plans to date
Housing Wire
AUGUST 31, 2022
By reducing product costs, real estate agents, real estate photographers, AMCs, appraisers, and homeowners now have a tool at their fingertips capable of delivering a precise floor plan. Eliminating costs makes it straightforward for any appraiser to ensure they are giving their client their home’s precise data.
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7 best real estate classes in Ohio (OH) for 2024
Housing Wire
NOVEMBER 30, 2023
Brimming with coursework that is up to date with current trends, expect to receive insight on issues facing Ohio real estate agents today. From agency relationships to local government regulations and more, every topic is inspired by the property types and types of transactions you’ll encounter as an Ohio real estate agent.
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Agents, Don’t Skip the Appraisal
The Appraiser Coach
SEPTEMBER 14, 2021
We frustrate buyers, sellers, loan officers and, sometimes, real estate agents. Appraisers have been accused of being “speed bumps” in the lending process. In some ways, I can understand their. Read More.
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NFT mania and the future of the home sale
Housing Wire
MARCH 7, 2022
The creation of the NFT real estate market thrusts a spotlight onto a Silicon Valley company specifically throwing itself into real estate, blockchain and NFTs. It also gives real estate agents ideas. It’s a great marketing tool for the right type of listing. The average time in the U.S.
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Saving Photos as an Appraiser
The Appraiser Coach
MAY 18, 2021
I probably take about 20-25 per house that I inspect. It is no secret that we as appraisers take a lot of photos. Then there are all the comp photos. Read More.
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Your Best Friend as an Appraiser
The Appraiser Coach
MARCH 12, 2021
Even when we’re out, we’re still doing work-related tasks like shooting pictures and doing inspections. Many appraisers work out of our homes, not interacting with office staff or other appraisers. Read More.
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Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In
Realtor
OCTOBER 29, 2020
Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. It’s rarely advisable to waive an inspection contingency. Your home inspection reports.
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5 best Arizona real estate schools for 2024
Housing Wire
DECEMBER 8, 2023
Are you looking to get licensed as a real estate agent in Arizona? We’ve reviewed all the key information to determine the best Arizona real estate schools to help you get licensed quickly and efficiently with a state-approved, online program at an Arizona real estate school.
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FHFA’s RFI on appraisals is a critical inflection point
Housing Wire
MAY 25, 2021
One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate. Navigating appraisal challenges in today’s housing market.
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Agent strategies for getting first-time homebuyers across the finish line
Housing Wire
OCTOBER 16, 2023
However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%. One of the primary reasons for this surge is the strong presence of millennials in the housing market, particularly those at the peak, around ages 33 and 34.
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Buying A Foreclosed Home In 6 Steps
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. During this process, a real estate appraiser determines how much a home is worth in the current housing market. Buying From The Bank.
“Mommy’s not home, but she says you can come in.”
The Appraiser Coach
NOVEMBER 15, 2023
You drive for an hour for an inspection. We’ve all been there before. When you get there, you knock on the door, only to have it opened by the kids. You ask them if their parents are home, to which they respond, “No.” When you call the parents, they say something like, “Oh, I’m not home right now, but the kids will let you in.”
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The Hybrid Appraisal: It’s Cheaper, but Does It Protect Homebuyers?
Realtor
MAY 15, 2023
An appraiser also does a market data analysis, which values other homes in the area, and records the findings in the Uniform Residential Appraisal Report, or URAR. “Another appraiser, an appraiser trainee, a real estate agent, or a home inspector can provide this service,” adds Love.
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4 Things I Wish I’d Known Before I Got an FHA Loan
Realtor
AUGUST 1, 2018
We found an FHA-approved lender, and in no time, we were on our way to buying our first home with a government-backed loan. To be approved for the loan, the house must pass an inspection conducted by the U.S. ” (Note: This inspection is not a substitute for a regular home inspection, which you should absolutely get, too.). .
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Navigating the Slow-Down
Appraisal Buzz
MARCH 26, 2024
In a recent reflection on my appraisal business, I want to share an inspiring story about a fellow appraiser who defied market challenges and achieved remarkable success. Amidst a general market slowdown, this appraiser not only weathered the storm but thrived. The choice is ours — stagnate or thrive.
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Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In
Realtor
OCTOBER 29, 2020
Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. It’s rarely advisable to waive an inspection contingency. Your home inspection reports.
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Say What? Home-Buying Lingo You Should Know
Zillow
JULY 15, 2019
American Society of Home Inspectors (ASHI) : A not-for-profit professional association that sets and promotes standards for property inspections and provides educational opportunities to its members. Attorney state : A state in which a real estate attorney is responsible for closing.
New Year, New You: Transforming Your Appraisal Career in 2023
McKissock
JANUARY 6, 2023
Train future appraisers, collateral underwriters, AMC staff, real estate agents, and others in real estate appraisal. A variety of clients could engage you, such as taxpayers, agents representing taxpayers, legal and financial advisors, and hearing boards. Non-lending appraisal courses.
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How To Appraise Rural Properties
Appraisal Today
MARCH 15, 2024
Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics. We’ve found five glorious examples of glass houses on the market right now.
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4 Things I Wish I’d Known Before I Got an FHA Loan
Realtor
AUGUST 1, 2018
We found an FHA-approved lender, and in no time, we were on our way to buying our first home with a government-backed loan. To be approved for the loan, the house must pass an inspection conducted by the U.S. ” (Note: This inspection is not a substitute for a regular home inspection, which you should absolutely get, too.). .
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The Complete Guide to Buying a Home After College
Raleigh Realty
MAY 3, 2021
The challenges of buying a home as a recent college graduate are similar to that of buying a home as a government employee. These challenges can be overcome if you find a great real estate agent. With adjustable-rate mortgages, your interest rate can shift depending on market trends.
Houston Housing Market Forecast: Current Data & 2021 Predictions
Houston Properties
JANUARY 13, 2021
Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market.
Responding To the 5 Most Popular Questions From Agents
The Appraiser Coach
DECEMBER 13, 2022
Imagine you’re at an inspection. During your standard walk-through, you look out the window and see a car pull up into the driveway. Your mind starts racing when you see. Read More.
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Second-Time Homebuyer Guide
PennyMac
JANUARY 3, 2024
Best Practices on How to Sell Your House Whether you sell or buy first, you’ll need to get your current home market-ready. Research the housing market. The housing market plays a significant role in the home-selling process. It impacts your pricing strategy, potential time on the market, competition and negotiating power.
Houston Real Estate Market Forecast: Current Data & 2022 Predictions
Houston Properties
JANUARY 12, 2022
Houston Real Estate Market Forecast: Current Data & 2022 Predictions. Concerned about a housing market crash? Review current Houston real estate data & lessons from past hurricanes and trends. For the broad Houston real estate market, all major indicators point to growth during the year.
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Principles of Prosperity: The Final Word
The Appraiser Coach
JUNE 27, 2023
I’ve recently been posting about what I call the “Principles of Prosperity.” I’ve been hoping to give you a brief introduction that will pique your. Read More
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52 Tips to Negotiate an Office Space for Lease in Columbus, Ohio [2021]
The Robert Weiler Company
JANUARY 7, 2021
Obtain market data. The first thing you will want to do is obtain accurate market data about commercial real estate and office space for lease in Columbus, Ohio. Governing Law. When it comes to commercial real estate, the little things can add up fast. Compliance with Laws. Maintenance and Repairs.
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The Undercover Appraiser
The Appraiser Coach
MARCH 19, 2024
As a real estate investor, I have the opportunity to rub shoulders with all kinds of people, even other appraisers on occasion. With a recent house purchase in another state, I got a call from the appraiser of this property as he was planning a visit out there.
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Time Is Money – So Use It Wisely
The Appraiser Coach
MARCH 12, 2024
I want to talk today about something with which we are all familiar. I believe that we need to keep this in the forefront of our minds as business owners. This term is “opportunity cost.”
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Change: Threat, or Opportunity?
The Appraiser Coach
MARCH 5, 2024
I talk a lot on this blog about change. That’s partly because so much change has happened just during my time as an appraiser. I’ve seen the advent of laser measuring, electronic forms, and most recently, remote appraisals. This industry is seemingly in an almost constant state of change!
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Confidence: the Second Key to Success
The Appraiser Coach
FEBRUARY 27, 2024
I’ve already shared with you what I believe the most important key to success is: taking action. Without action, your ideas will never come to fruition. Here, I’m going to tell you about the second most important key to success. When paired together, these two keys to success become a true powerhouse.
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You’re Chasing a Dollar… What’s the Dollar Chasing?
The Appraiser Coach
MARCH 28, 2023
I talked recently in another post about the fact that money is a tool that we use to keep track of value. Money really has no value in and of. Read More
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Success in One Step
The Appraiser Coach
FEBRUARY 20, 2024
I’ve talked a lot about what I term the “principles of success.” I truly believe in them, and I think they are all important to achieving success. A lot of people ask me though what the one key to success is. In reality, there isn’t just one. There are many little things that need to be done in order to get where you want to be.
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Surround Yourself With Success
The Appraiser Coach
FEBRUARY 13, 2024
I’ve talked many times about the principle of the mastermind. Napoleon Hill, who was one of the first people to talk about it, described it this way: when you get more than 2 people in a room with similar backgrounds, similar needs, and similar goals, then you form an additional entity (paraphrasing). This is the mastermind.
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Turn “Time is Money” On Its Head
The Appraiser Coach
FEBRUARY 6, 2024
In a Mastermind meeting with other (non-appraiser) business owners, I was reminded of how well so many principles that I share with you apply across different areas, whether it’s real estate or office work. There was a man by the name of Jack who was talking about how much he has to do.
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When Getting a Letter From the Sheriff is a Good Thing
The Appraiser Coach
JANUARY 30, 2024
After a trip to Washington, D.C. and Chicago for some Mastermind classes, and a visit with my daughter at Michigan State, I went to work at my office in Idaho Falls to find that I had an “Official Mail” slip attached to my door. I thought that was a little strange, because the address of my office isn’t widely publicized.
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