Appraisal Process Document Legal Lending 
Housing Wire
DECEMBER 13, 2021
The second category in critical defects was loan documentation (12.5% of the total), followed by borrower and mortgage eligibility (10.4%) and legal/regulatory/compliance (10.4%). According to the report, defects in the appraisal category also more than doubled to 5.42% in the second quarter. basis points from the prior quarter.
Housing Wire
JUNE 11, 2021
Due to today’s booming housing market, the appraisal process may take anywhere from days to weeks to complete. The process can take even longer if the buyer or seller requests a second appraisal. However, once the appraiser is at the home, it’s generally about five business days,” Masseria estimates.
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Cleveland Appraisal Blog
NOVEMBER 3, 2022
Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. I have seen a slowdown in my lending work also. Half my work is non-lending work, and that’s been a blessing. So what can we do? Write about what you do know.
D Fritz Appraisals
MARCH 16, 2021
Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property.
D Fritz Appraisals
OCTOBER 11, 2022
Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. Read on for more information about how a home appraiser determines the value of your property. What is a Home Appraisal and Why is it Important?
Simonson Real Estate
JULY 10, 2020
While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. Key Appraisal Items to Communicate. Value Scenarios. Do you have questions on these topics?
McKissock
OCTOBER 23, 2020
Others will simply rely on a previous appraisal and call the appraiser to testify about it. Here are twelve types of expert witness assignments for appraisers. How are divorce appraisals different from standard mortgage lending appraisals? Condemnation. Bankruptcy. Guardianship/Trustee matters.
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