Housing Wire
NOVEMBER 8, 2021
A lot of the misconceptions about working with VA loans center on the VA appraisal process – which differs from conventional mortgage appraisals – as well as the time it will take for a transaction to close. VA loans are secured by the VA, and statutorily must be appraised by the VA and not just any appraiser. “I
Housing Wire
JULY 9, 2021
Homebuyers and sellers contend with a variety of entities — banks, insurance companies, mortgage servicers, appraisal companies, title providers, agents, brokerages, and even real estate marketers— and the process can be labyrinthine to even those who have gone through it before. In real estate, data is king.
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Genworth MI Blog
AUGUST 31, 2022
If you can’t account for condition and location in your appraisal, then you won’t have a credible one. Q: How do automated valuation models (AVMs) come into play in the appraisal process? If items were omitted during the appraisal process, this allows the reviewer to work with the appraiser to make any corrections needed.
East Coast Appraisal
SEPTEMBER 12, 2022
Private mortgage insurance, or PMI, allows lenders to offer home loans to buyers without the traditional 20 percent down payment. This insurance covers the risk of financing a mortgage with less equity from the buyer. You may need to hit an even lower loan-to-value ratio for several years after signing.
AmeriMac
MARCH 29, 2024
In this blog, we will explore everything you need to know about reverse mortgage appraisals, including the basics of how reverse mortgages work, the eligibility criteria for a reverse mortgage, the role of appraisals in the process, and the appraisal process itself. Let’s dive deeper into the details.
Birmingham Appraisal
SEPTEMBER 15, 2022
Other nontraditional uses for an appraisal include valuation for insurance companies, helping sellers arrive at a market value to list their home, estate planning, and tax appeals. As you can see, there are major differences between home appraisals and home inspections and both are very important. Conclusion.
Miller Samuel
FEBRUARY 12, 2019
When Jeff and Marie asked me to be formally interviewed for their blog " The Apple Peeled " I was happy to do so, especially because I could veer off the road into issues about the current mortgage and appraisal process. The mortgage industry is trying to widgetize the appraiser.”.
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