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Practical Tips for Working With AMCs

Appraisal Today

Is there any way to mitigate the risk and improve the property value? Building homes at a higher elevation will help. Regression results suggested that every foot of elevation can increase home value by 1.6% value to property. Mortgage Lending You decide. in a non-coastal flood zone.

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Dave Stevens on understanding this housing market

Housing Wire

It created a massive demand for home purchases as consumers competed to win a sales contract and get a home with a low single digit interest rate. It means a massive contraction in demand for mortgages, tighter margins, corporate layoffs and “right-sizing,” and concerns about what the future may hold.

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SFR with ADU or Two Units?

Appraisal Today

Some appraisers, a true minority, have been able to transition to private, non-mortgage-lending appraisal work, but that’s not as easy as some advocate. And many appraisers who only know how to do mortgage lending assignments are reluctant to market themselves outside that confined space. Risk to Home Values.

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How to Reduce Appraisal Revision Requests

Appraisal Today

This strategy often backfires because parties involved in the lending process cannot find the specific information they are looking for in the report. How Grocery Store Locations Impact Home Values. The average value for homes near a Whole Foods is $891,416, and $321,116 for homes near an ALDI.