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Mike Fratantoni on MBA’s 2022 mortgage market forecast

Housing Wire

When this article was published, the unemployment rate is at 4.2%, inflation is above 6%, and both stock market and housing market values are elevated. Lenders should expect a much faster pace of hikes over the next few years than what was experienced following the 2009 recession. What if it doesn’t?).

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Experience Matters

Town & Country Residential Appraisals

I’ve gone back through my files and found that since starting my business in 2009, I have performed over 6,200 valuations for all kinds of clients: lenders, lawyers, accountants, home owners, estates, real estate agents, etc. It works the same with performing real estate appraisals. How long have they been appraising?

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Subject Property Location in Appraisals

Appraisal Today

Excerpt: What’s the difference between a newly constructed home and a hundred-year-old home? When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated.

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Appraisals – Check the Water Source!

Appraisal Today

The way that we did that was through cantilevers and using structural engineers and steel to help us to construct the home that we absolutely wanted.”. It might bias them toward the contract price rather than market value (it might). To read more and see lots of photos, click here. ==. USPAP and the Contract. 8-minute podcast.

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Appliances for FHA appraisals

Appraisal Today

also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” FHA Handbook 4000.1 Nationwide, 31.8%