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Remote online notarization is the proper path forward for digital closings

Housing Wire

One area in the mortgage and real estate industry that has been evolving for nearly two decades is digital closings. E-mortgage volume spikes. During the first six months of 2020, the Federal Housing Finance Agency reported that the volume of e-mortgages purchased by Fannie Mae and Freddie Mac spiked significantly.

Law 437
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8 Common Violations Made by Appraisers

McKissock

Failure to disclose significant real property appraisal assistance is another common violation. Believe it or not, sometimes trainees/applicants will send in the appraisal reports, and the trainee is not mentioned in the reports as having providing significant real property appraisal assistance.

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ANSI Square Footage Standards: What Agents and Appraisers Should Know

Empire Appraisal Group

Broad adoption of the ANSI standard by the secondary mortgage market would reduce confusion. A certified general appraiser licensed in Arizona, Nevada, and Utah, Morley was a member of the Utah Appraiser Licensing and Appraisal Board from 2004 to 2012 and chaired the board for four of those years. Craig Morley. George, Utah.

Agents 78
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How Does the VA Appraisal Panel Operate?

McKissock

The VA uses state-licensed or state-certified appraisers to provide opinions of value for the homes on which it guarantees the mortgages. He has been a practicing real property appraiser since 1987, and has been instructing and authoring appraisal courses since 1992. A VA loan permits an eligible veteran to borrow up to 103.3%

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How Are Appraisal Complaints Enforced?

McKissock

Individual mortgage lenders file complaints, appraisers file complaints against other appraisers, and sometimes attorneys file complaints. He has been a practicing real property appraiser since 1987, and has been instructing and authoring appraisal courses since 1992. Who can file a complaint?

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What is a 1031 Exchange? A Beginner’s Guide

Property Metrics

1031 ), which defines the conditions for tax deferral on the sale of real estate. In other words, taxes can be deferred on the profitable sale of a commercial property as long as the proceeds are “exchanged” into a new property of “like kind” that is held for investment purposes.