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Working with buyers in the nation’s hottest housing market

Housing Wire

year-over-year increase in home values. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. I haven’t seen anything like this here, and I’ve been doing this since 2000,” Richardson said.

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Non-Arms Length Sales for Appraisers

Appraisal Today

I have also done many relocation appraisals, done before the home is listed. What should appraisers look for in a sales contract? The underwriter revealed that the tool uses a ‘Census Block Grid’ adjustment (CBG) to evaluate comparable property values. built in 2000. I sometimes see low sales for various reasons.

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What’s The Leaven Causing Home Prices to Rise Today?

Cleveland Appraisal Blog

THE RISE IN HOME PRICES IN THE YEARS LEADING TO 2008. On many of my appraisals at that time, my opinion of value would not support the contract price. Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. 30-Year Fixed Mortgage Rates from 2000 to today.

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How to Become a Real Estate Agent in Illinois (IL) in 5 Steps

Housing Wire

Depending on the CE provider, there are several delivery methods available, from in-person learning classroom to online distance learning, webinars, and home studies. PROFESSIONS, OCCUPATIONS, AND BUSINESS OPERATIONS (225 ILCS 454/) Real Estate License Act of 2000” [link] Illinois Real Estate Examination Program. link] FastExpert.com.

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Appraiser Liability Risks

Appraisal Today

He designed the estate, completed in 2000, from the ground up. A home valued too high can lock a homeowner into an unaffordable mortgage and increase the risk of foreclosure. A home valued too low can deprive homeowners of access to their equity and limit the mobility of sellers. percent from 6.77 percent from 6.79

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How to get a real estate license in Ohio (OH) in 5 steps

Housing Wire

You’ll also want a sponsoring real estate brokerage that offers administrative support, including inputting MLS information, helping with contract follow-up, and handling other office tasks. Ohio Home Values” [link] Indeed.com. Passage of Senate Bill 131 brings license reciprocity to Ohio” [link] Ohio House of Representatives.

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How to get a real estate license in Texas

Housing Wire

Pre-licensing exam coursework = $500 to $1,600 Sales agent examination fee = $43 License renewal fee after 2 years = $110 Other miscellaneous fees = about $100 Estimated total = Between $800 and $2000 [7] Miscellaneous fees may include courses you take as a supplement to the required coursework, such as an exam prep class.