Remove 2002 Remove Contracts Remove Loan Officers Remove Valuation
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The Similarities Between 2007 and Today

Appraisal Buzz

This left the appraiser wide-open to being a target of “a series of errors” that affected the credibility of the valuation results. Between 2002-2005 in many markets, the real estate market was scorching, much like it is today. We are seeing that as a profession again.

Appraisal 418
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ChatGPT for Appraisers

Appraisal Today

In valuation we can either go out further in distance for comps or go back in time in the immediate neighborhood. Rates increased for all loan types in our survey, with the 30-year fixed mortgage rate increasing to 7.09 percent, the highest rate since 2002. from 0.58 (including the origination fee) for 80 percent LTV loans.

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Data Collectors: Appraisers vs. Uber Drivers

Appraisal Today

Fannie Mae will end up creating more instability for the trillions in the bond market – investors will have to process millions of valuations with the physical attributes of the home collected by unlicensed, uninsured, and unprepared individuals getting paid $10-$25 per inspection. His homes are as unique as he was,” says Heinrich. “He