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Fannie Mae Changes 2018

Robinson Appraisal Group

This form has been a requirement since 2009 as a tool to establish the increase, decrease or stabilization of markets in the aftermath of the housing crisis occurring between 2007 – 2010 due to sub prime lending practices. So what is the 1004MC form? To perform true trend analysis you need to compare apples to apples.

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Appraisers: How and Why To Check Carbon Monoxide Detectors

Appraisal Today

As it turns out, both the appraiser and the home inspector had each independently inspected the home 18 months prior and both mistakenly reported a few of the smoke alarms present at the home, as CO detectors. I request any reports, such as termite or home inspection, even old reports, but rarely get them. I never use the terms.

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Opinion: Investors play key role in providing affordable housing options

Housing Wire

Data from John Burns Real Estate Consulting shows that student loan debt has increased 100% since 2007, keeping many renters in place. Selling a home typically involves nearly 10% in transaction fees between real estate agents , title companies, inspections, and other expenses. This is because most of us are not expert mechanics.

Investors 403
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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

Today's monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. Put another way, the monthly payments on a $500,000 mortgage are about the same as a $210,000 mortgage from the mid-1990s or a $300,000 mortgage from 2007. So, what did they do?

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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

Cosmetic repairs Examples MPR repairs Examples Conditions that require inspection Examples To read more, click here My comments: If you do FHA appraisals, read this blog post. I quit doing FHA appraisals in the mid-1980s because of the inspection requirements compared to conventional appraisals, that did not have the requirement. .

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HINTS OF SHARP INCREASE IN NEW CONSTRUCTION

Will Springer Realtor

Builders began construction on just under a million single-family homes in 2020. That’s the most since 2007. It was only in June when I shared an initial look at Avenue Bellevue , a grand residential and hotel community that is under construction in the heart of the city. Update: The home is now Pending Inspection…sorry!].

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Appraisers and Property Data Collectors

Appraisal Today

Thorne, was best known for his use of steel in residential construction. Most modern homes are constructed on a hillside lot on a downslope or upslope, with the house clinging to the side,” Morris says. I would always finish the inspection and never be rude to them.