Housing Wire

MAY 9, 2023

Much of the problem stems from the huge volume of low-rate loans originated in 2020 and 2021 at a time when the industry was continuously working to build capacity to deal with the explosive origination growth. Those mortgages were originated at interest rates of 3% or less, and rates now are more than 3 percentage points higher.

Mortgage 384

Mortgage Appraisal Sellers Marketing 384

Appraisal Buzz

SEPTEMBER 26, 2022

This article was originally published in the latest edition of the Fall 2022 Appraisal Buzz Magazine! Once upon a time, there was a rich nation which valued many things. They all liked value. Some people even became “valuers of things.” They claimed to know value. They claimed to know value.

Market Value 321

Market Value Sellers Buyers Finance 321

Cleveland Appraisal Blog

APRIL 29, 2021

I hope that you are enjoying the warmer weather! So, I am grateful for guest bloggers who provide me with some great articles to share with you. I hope you’ve been enjoying them. Welcome to Emily Miller , who wrote this piece for the Cleveland Appraisal Blog. What Home Appraisers Look For. Existing space.

Appraisal 249

Appraisal Investing Buyers Renovations 249

Appraisal Buzz

AUGUST 15, 2022

The latest edition of Appraisal Buzz Magazine is here! This year, our magazine is loaded with insightful articles ranging on topics such as market value to ANSI standards, and so much more! Make sure you look at our schedule for Valuation Expo – there are plenty of new sessions, speakers, and sponsors this year!

Appraisal 195

Appraisal Valuation Market Value Business 195

Realtor

OCTOBER 16, 2023

Over the past two years, interest rates on home loans have nearly doubled from the 3% range to around 7% today. It’s very important for first-timers to do research and understand all their options before they start looking for a home,” says Cara Ameer , a real estate agent with Coldwell Banker who is licensed in California and Florida.

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Appraisal Buzz

MAY 2, 2022

The housing market has experienced a turbulent few years, so what can industry experts expect in the future? You can pay attention to many indicators, but the recent infrastructure bill will reveal the most crucial information. Federal plans can move slowly, but that doesn’t mean ? Electric Grids Can Become Greener.

Real Estate 435

Real Estate Supply Chain Marketing Construction 435

DW Slater Company

SEPTEMBER 29, 2022

I can trace my roots back to the Battle of San Jacinto and the Old Three Hundred. If you are from Texas then you get it. I hope you enjoy it as much as I do! We, of course, appraise in North Texas, which is the Dallas/Fort Worth area. How are we doing in our housing markets? Texas is Texas.”

Mortgage 132

Mortgage Housing Market Appraisal Real Estate 132

DW Slater Company

JUNE 16, 2022

When I was a young poor college student, I got a speeding ticket. When the officer asked me how fast I was going, I told him truthfully that I didn’t know. You see my speedometer had stopped working in my car and I didn’t have the extra funds to fix it so I just drove along with everyone else. Why do I tell this story?

Supply Chain 159

Supply Chain Real Estate Investors Appraisal 159

Appraisal Today

MARCH 22, 2024

To maintain objectivity and credibility, you should evaluate sales based on criteria that most accurately reflect comparability, rather than focusing on price. Do focus on characteristics of the property Identify properties with comparable square footage (including finished basements), number of bedrooms and bathrooms, lot size, view (e.g.,

Appraisal 65

Appraisal Contracts Business Insurance 65

PennyMac

OCTOBER 10, 2023

Whether you’re selling your home to begin a new adventure or refinancing your existing home, getting an appraisal with the value you want is an important hurdle to clear. You may feel that the appraisal process is out of your control, but there are many easy and inexpensive ways to get both yourself and your home ready.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Raleigh Realty

MARCH 29, 2021

Buying a Home As a Government Employee Are you a government employee preparing to buy a home? With the right resources, you can ensure a successful investment and one in which you may save tens of thousands of dollars thanks to being a government employee. The process of buying a new home may sound intimidating.

Government 148

Government Real Estate Agent Insurance Property Taxes 148

Appraisal Today

APRIL 19, 2024

Appraisal Institute Counters Flawed Appraiser Bias Narrative Excerpts: In reality, appraisers have a great story to tell, but we have a long way to go to refocus the terribly flawed “appraiser bias” narrative onto facts and science. Industry groups should also step up to support appraisers. It is human nature.

Appraisal 67

Appraisal Contracts Valuation Design 67

Appraisal Today

DECEMBER 1, 2023

Pulling comps from the other side of the freeway By Ryan Lundquist Excerpts: It can be a REALLY bad idea to pull comps from the other side of the freeway, but not always. Today I have some thoughts about location, comp selection, and lenders freaking out when schools are mentioned in appraisal reports.

Appraisal 87

Appraisal Business Contracts Technology 87

Lamacchia Realty

FEBRUARY 21, 2023

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. It is not an appraisal and can’t be used in place of an appraisal.” -via Essentially, this means that half the time, Zillow’s home value estimates are within 7.49% of the actual value. What exactly is a Zestimate?

Real Estate Agent 73

Real Estate Agent Real Estate Sellers Realtors 73

Appraisal Today

DECEMBER 8, 2023

OK to average adjusted comps on appraisal? There is a prohibition on averaging techniques, but that applies in the Reconciliation section with regards to reconciling the three approaches to value. The discussion of the reconciliation of the indicated value of each comparable sale contains no such prohibition.

Appraisal 66

Appraisal Real Estate Contracts Design 66

Appraisal Today

NOVEMBER 24, 2023

The Surfing Appraiser Riding the Waves of Up and Down Mortgage Rates By Mark Buhler Excerpts: Riding the waves of the appraisal profession can result in a range of outcomes and emotions over time. Appraisers, and surfers, have varying levels of experience, and experiences. Now appraisers are not busy, but they should be.

Appraisal 73

Appraisal Mortgage Business Contracts 73

Birmingham Appraisal

JULY 7, 2022

What Are Some Reasons Your Home May Not Appraise? With the current shift in the real estate market, we may see changes in sales activity that will affect your home’s value. The market is constantly changing and it is important to keep up with what is happening if you want to stay current on property values.

Appraisal 63

Appraisal Marketing Contracts Buyers 63

Realtor

AUGUST 1, 2018

My husband and I had decent credit scores and low debt, but we certainly didn’t have 20% to put down on a home. But here are four things I wish I’d known before I signed on the dotted line. You’re on the hook for mortgage insurance for the life of the loan. Petersburg, FL. In short, it was time to move.

Inspection 136

Inspection Insurance Buyers Renovations 136

Realtor

DECEMBER 7, 2019

Monopoly: Hasbro Concept: Greg Chow In a white-hot market, you may feel pressure to make some concessions to win over a seller—and, no, we’re not talking about sending a basket of banana-nut muffins. You want the house, and the seller doesn’t want any hiccups. Of course not! Fear factor: 2. Fear factor: 1.

HOA 108

HOA Inspection Sellers Appraisal 108

Appraisal Today

JULY 7, 2023

Appraiser Countersues Black Plaintiffs Who Alleged Discrimination by Isaac Peck, Publisher WorkingRE There are now a number of lawsuits facing appraisers where the primary allegation is racial discrimination. I learned I was biased against young Black men when I was on a criminal jury many years ago. Tate-Austin v.

Appraisal 75

Appraisal Real Estate Contracts Mortgage 75

Listing Spark

DECEMBER 11, 2023

As the saying goes, in real estate investments, you make your money when you buy , not when you sell. From there, you can only realize so much in profit based on the likely future sales price. However, seller closing costs are too big—and too complex—to leave as an afterthought.

Investing 36

Investing Renovations Sellers Real Estate 36

Appraisal Today

JUNE 10, 2022

How can we fix the excess of appraisers? Too many appraisers? Easy — we do what we have always done, each time. 2) We will make it harder to become an appraiser; 3) Let the lower fees discourage newcomer appraisers. I hope you saved up lots of money over the past few years!

Appraisal 52

Appraisal Contracts Business Mortgage 52

Appraisal Today

MARCH 31, 2023

Fannie Mae: Appraisals are no longer the default option: Value Acceptance replaces Appraisal Waiver Fannie Mae updated its Selling Guide on March 1 to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” Call to Action.

Appraisal 52

Appraisal Contracts Inspection Clients 52

Housing Wire

SEPTEMBER 14, 2023

“The interesting thing about HEIs is instead of a homeowner taking out equity in the form of cash and paying a mortgage on it, there is no monthly payment within HEI,” Abate said. “The way the investor gets paid is that you share in the upside of the home.” Banks will always serve their best clients.

Investors 397

Investors Investing Mortgage Real Estate 397

Realtor

DECEMBER 7, 2019

Monopoly: Hasbro Concept: Greg Chow In a white-hot market, you may feel pressure to make some concessions to win over a seller—and, no, we’re not talking about sending a basket of banana-nut muffins. You want the house, and the seller doesn’t want any hiccups. Of course not! Fear factor: 2. Fear factor: 1.

HOA 78

HOA Inspection Sellers Appraisal 78

Appraisal Today

NOVEMBER 25, 2022

More Crazy Appraisal Stories! Excerpt: Restraining Orders & Appraisals – Never a Great Mix. The majority of my appraisal work is on divorces and estates, both of which have their fair share of crazy stories. I was appraising a home for a divorce several years ago. You will probably be going up against an MAI.

Appraisal 52

Appraisal Market Value Contracts Finance 52

Listing Spark

SEPTEMBER 5, 2023

As online resources for pricing data, flat-fee listing services, and plenty of marketing options become available, homeowners can more easily navigate the market and handle transactions without paying for their own listing agent. While their advice and services can be helpful, you aren’t legally required to use one.

Realtors 36

Realtors Real Estate Agent Real Estate Agents 36

Realtor

AUGUST 1, 2018

My husband and I had decent credit scores and low debt, but we certainly didn’t have 20% to put down on a home. But here are four things I wish I’d known before I signed on the dotted line. You’re on the hook for mortgage insurance for the life of the loan. Petersburg, FL. In short, it was time to move.

Inspection 78

Inspection Insurance Buyers Renovations 78

Quicken Loans

JUNE 8, 2021

Looking to buy a new home but worried you won’t be able to afford the monthly mortgage payment that comes with it? Or maybe you want to buy in a popular neighborhood, but you think its homes are too expensive for your budget? Buying the right foreclosed property can get you a home at a bargain price.

Real Estate Agent 72

Real Estate Agent Inspection Government Real Estate 72

Appraisal Today

AUGUST 19, 2022

What to Do When Your Appraisal Is Under Review. The number one mistake is that the appraiser did not include the lender’s specific report requirements,” Nakashima confirms. You can’t avoid the report being reviewed, but you can avoid revision requests,” he says. Review appraiser liability.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Appraisal Today

SEPTEMBER 30, 2022

Killed by Carbon Monoxide: Appraiser Blamed. You may save someone’s life!! Excerpts: For decades, appraisers have been gently reminded to pay careful attention to smoke alarms and carbon monoxide (CO) detectors—especially noting when they are absent altogether. Read this article on how to check CO detectors.

Appraisal 52

Appraisal Inspection Easement Contracts 52

Appraisal Today

NOVEMBER 10, 2022

12 Unacceptable Appraisal Practices from Freddie Mac. Here are 5: Reliance in any appraisal analysis on inappropriate comparable sales, or the failure to use comparable sales that are more similar to or nearer to the subject property without adequate explanation. Review appraiser liability. Appraisal Business Tips .

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52

Assurance Financial

SEPTEMBER 20, 2021

When it comes to financing a home or a build, several factors are involved in the type of loan you apply for. A down payment on a home is the money you give to the lender initially. However, if you put down more than 20%, you don’t need insurance. One factor is what you can afford.

Insurance 36

Insurance Mortgage Buyers Government 36

PennyMac

DECEMBER 22, 2020

Many potential homebuyers and investors overlook bank-owned properties, but for buyers who take the time to understand the REO process, these homes can be a significant opportunity. Whether you’re buying the home to live in or as an investment, these 10 steps should help set you up for success with bank-owned properties.

Inspection 69

Inspection Real Estate Agent Real Estate Agents 69

Hank Miller Team

NOVEMBER 4, 2022

This number is a bit of a surprise and the reasons have to do with price but also with just about every other aspect of the buyer's transactions. During Covid, the agent population soared to record highs, over 3 million in early 2022. No due diligence, inspections, finance, appraisal, survey…all waved. But at what cost?

Buyers 40

Buyers Real Estate Agent Agents Real Estate 40

PennyMac

APRIL 18, 2022

The ability to decorate your walls, or paint them sky blue, and live with a pet without landlord approval makes buying a home attractive, as do the substantial financial benefits such as tax savings and equity building. Process can be complex. Homes frequently increase in value over the life of a mortgage. Mortgage Matters.

Landlords 36

Landlords Property Taxes HOA Insurance 36

Appraisal Today

JUNE 3, 2022

Residential Appraisals and Airbnb Income? State appraisal boards ARE disciplining appraisers across the country for improperly using the business income (Short term Rental – STR) from Airbnbs on the residential 1007 Fannie Mae form. Julie does not include short-term rental income (STR) in her appraisals of homes with Airbnbs.

Appraisal 52

Appraisal Contracts Real Estate Marketing 52