Remove 2020 Remove Construction Remove Inspection
article thumbnail

2020 HW Tech Trendsetter: Sean Faries

Housing Wire

Land Gorilla founder and CEO Sean Faries is relentless in his pursuit of technology innovations that drive efficiency while simultaneously reducing risk in construction and renovation lending. The post 2020 HW Tech Trendsetter: Sean Faries appeared first on HousingWire.

article thumbnail

How much cash matters in a bidding war

Housing Wire

Homebuyers who offer all-cash improve their chances of winning a bidding war by 290%, per Redfin’s study of clients buying homes between June 2020 and February 2021. And waiving the financing contingency is the second-most effective bidding-war strategy, Redfin officials said – improving homebuyers’ odds of winning by 66%.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Appraisers: Pay Attention to Policy

Appraisal Buzz

Not so long ago, there were very few appraisers that knew about property inspection waivers. For example, the 2020-2021 USPAP will now be effective until December 31, 2022. The GSEs implemented policy around the COVID-19 pandemic to temporarily allow for flexibility in reporting and inspecting/observing properties.

Appraisal 435
article thumbnail

How GoFormz Supports Remote Teams of All Sizes

GoForrmz

Empowering remote teams with mobile forms Remote work appears to have stagnated since 2020, but it’s certainly not going away. For example, field engineers can perform inspections and document their work using mobile devices. In fact, some experts believe remote work will rebound in the coming years.

article thumbnail

Appraising New Construction

Appraisal Today

6 Tips for Appraising New Construction Homes Excerpts: Lenders, FHA, and the GSEs (Fannie Mae and Freddie Mac) treat new construction a little differently. When appraising new construction homes, certain factors that don’t always apply to existing dwellings must be considered. Keep a file of local building costs 4.

article thumbnail

Quality Adjustment Research and Methodology: The Basics

McKissock

Quality refers to the quality of items, materials, and construction. You are going to use shared databases, as well as your own observations and inspections—which are an excellent source. Editor’s note: This post was originally published on April 21, 2020 and updated in May 2023. Quality and condition are not the same.

article thumbnail

Victoria Real Estate Market 5-Year Predictions

D Fritz Appraisals

Experts seem to agree that the accumulated gains from 2020-2022 are not sustainable and at some point, housing prices will fall. In their March 2022 article, Bubble burst risk: Canadian home prices predicted to fall by 24% , Urbanized.com states that the accumulated gains from 2020-2022 are not sustainable.