Appraisal Buzz
JUNE 12, 2024
The company—was established “to provide portfolio managers with reliable and high-quality outsourcing services to manage their REO assets”—launched just before the 2007-2008 financial crisis, a time when REO inventories were abundant as the nation navigated wide-spread foreclosures, bank collapses, and economic strife.
Appraisal Today
SEPTEMBER 30, 2022
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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Appraisal Today
MAY 26, 2023
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. .
Houston Properties
JANUARY 13, 2021
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?
Appraisal Today
NOVEMBER 17, 2023
There have been many times there were homeowners that were hostile toward me because they were unaware that I was black, until I showed up for the inspection. I would always finish the inspection and never be rude to them. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA remained unchanged at 7.36
Houston Properties
JANUARY 12, 2022
Furthermore, the listing agent also often doesn’t make it easy for Houston homebuyers to get the survey, details and any prior inspection reports so you know really know what you’re buying. Overall, right now properties are still actively going under contract. However, while this is technically true, it is not accurate.
Will Springer Realtor
MAY 9, 2022
This looks a lot like the housing boom that we saw prior to the 2007–09 financial crisis.” That percentage was last seen in September 2007 – yes, at the start of the housing crisis (as the chart shows). UPDATE: This home is now under contract, pending inspection. The national numbers are starting to be concerning.
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