Appraisal Today
SEPTEMBER 29, 2023
NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ Risk to Home Values.
Housing Wire
JANUARY 17, 2024
That’s a role those government-sponsored enterprises (GSEs) have not played since prior to entering into conservatorship in the wake of the global financial crisis of 2007-2008. As a result of particularly Silicon Valley, the FDIC [ Federal Deposit Insurance Corp.
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Housing Wire
JULY 7, 2022
These lenders are having to manually key in data, they experience the adverse impact to homebuyers when interim payments are incorrectly applied, or find challenges when proof of homeowners insurance isn’t properly carried over into the servicing system, as well as several other points of friction. .
Lamacchia Realty
MARCH 26, 2024
Condo sales in particular have experienced a significant decline in recent weeks which can be attributed to the ongoing insurance crisis in the state and to the increased association fees and/or added special assessments for condos due to the more stringent regulations resulting from the tragic Champlain Tower Collapse in Surfside, Florida.
Appraisal Today
OCTOBER 21, 2022
Check with your E&O insurance company to see if they offer tail coverage and what the requirements are. Some E&O Insurance companies offer free tail coverage with certain criteria, For example: Must be appraising for at least 20 years. Must be insured by the company for the past 5 consecutive years. Must be retiring.
Appraisal Today
MAY 26, 2023
In 2007, he started appraising conservation easements, which are specified areas of land earmarked for environmental conservation. Some appraisers feel that lenders should not provide them with the purchase and sale contract. Then that contract does not serve to color, cloud, or otherwise bias a value opinion. percent from 6.57
Appraisal Today
SEPTEMBER 30, 2022
in 2007-2008, few appraisers used them. National Counsel for Liability Insurance Administrators. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 6.52 The average contract interest rate for 15-year fixed-rate mortgages increased to 5.70
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