Housing Wire

JANUARY 17, 2024

Mortgage Matchup will continue to be a consumer-facing website focused on homebuyers and real estate agents and offer educational material around the home buying and refinancing processes, along with a database of independent mortgage brokers near them, said UWM in a news release Wednesday.

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Mortgage Real Estate Agent Modernization Retail 408

Housing Wire

NOVEMBER 12, 2021

A National Association of Realtors (NAR) committee head recommended Friday that the federal standards governing real estate appraisals loosen up. Namely, appraisers should no longer have to partake in a two-year apprentice program as part of their licensing process. Francois Gregoire, an appraiser in St.

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Real Estate Agent Real Estate Valuation Appraisal 361

Housing Wire

DECEMBER 30, 2020

Rodman Schley was selected to become the next president of the Appraisal Institute (AI) beginning Jan. 1, succeeding appraiser Jefferson Sherman, according to the trade organization. Due to the effects of COVID-19, mortgage giants Fannie Mae and Freddie Mac have significantly relaxed appraisal standards.

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Appraisal Real Estate Agent Valuation Finance 219

Housing Wire

NOVEMBER 30, 2023

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Ready to find a real estate brokerage?

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Real Estate Real Estate Agent Brokerage Agents 397

Appraiserblogs

MARCH 30, 2022

This is an analysis of Freddie Mac’s misleading and basically defamatory paper on Appraisal Gap. When government related entities release misleading information like this they are attacking and defaming real estate appraisers. It has nothing to do with appraisals. More great research from AEI.

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Appraisal Real Estate Agent Real Estate Government 130

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. For appraisals required to be Uniform Appraisal Dataset (UAD) compliant, you must indicate the type of sale for the transaction.

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Appraisal Real Estate Real Estate Agent Contracts 76

The Appraiser Coach

DECEMBER 14, 2021

Can you do a rental schedule on a property that you have not appraised? This was a question recently asked in my closed Facebook All-Stars group. Within this private group, Read More.

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Appraisal Advertising Real Estate Agent Government 370

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. Who Is a Government Employee?

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Government Real Estate Agent Insurance Property Taxes 148

The Appraiser Coach

MAY 18, 2021

It is no secret that we as appraisers take a lot of photos. I probably take about 20-25 per house that I inspect. Then there are all the comp photos. Read More.

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Appraisal Inspection Advertising Real Estate Agent 397

Miller Samuel

NOVEMBER 30, 2018

My friend and appraisal colleague Ryan Lundquist and I authored a petition on change.org to point out the growing wreckless behavior that is enveloping the mortgage process. There’s a proposal from the FDIC, Federal Reserve, and Treasury Department not to require appraisals for some mortgages under $400,000.

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Appraisal Inspection Real Estate Agent Agents 300

The Appraiser Coach

MARCH 12, 2021

Many appraisers work out of our homes, not interacting with office staff or other appraisers. Even when we’re out, we’re still doing work-related tasks like shooting pictures and doing inspections. Read More.

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Appraisal Inspection Advertising Real Estate Agent 369

Housing Wire

APRIL 21, 2021

The regulator is also advancing permanent changes to be made in the appraisal space. The government agency also said it plans to retire all temporary selling flexibilities on May 31, 2021. . According to the FHFA, hybrid appraisals would increase coverage for rural markets and high-volume areas where time becomes a greater issue.

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Real Estate Agent Valuation Appraisal Modernization 397

Cleveland Appraisal Blog

FEBRUARY 7, 2023

It’s common practice for floor plans that aren’t used in appraisals to be drawn to scale using only internal dimensions, but by using outside measurements, we can account for more space. To achieve that, you must demonstrate to the local government that that’s the case. Then, the wall thickness is brought back in.

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Real Estate Agent Property Taxes Real Estate Appraisal 289

The Appraiser Coach

MARCH 30, 2021

I was recently asked by a newbie in real estate appraisal how much I think a new real estate appraiser should charge. Many new appraisers and trainees want to get. Read More.

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Real Estate Appraisal Inspection Advertising 335

Housing Wire

JANUARY 11, 2021

Rocket Homes Real Estate , a real estate affiliate of Rocket Companies , is being investigated by the Consumer Financial Protection Bureau (CFPB) for possibly violating the Real Estate Settlement Procedures Act (RESPA) when it charged fees for referring Quicken’s mortgage clients to real estate agents, according to officials.

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Real Estate Agent Real Estate Brokerage Law 403

Housing Wire

JANUARY 10, 2024

The median agent in the study’s result, by contrast, had two sales per year, leading the study’s author, CFA senior fellow Stephen Brobeck, to conclude, “the residential real estate industry is clearly a part-time industry.”

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Agents Real Estate Real Estate Agent Training 428

The Appraiser Coach

JULY 20, 2021

As appraisers we often wear at least two different hats. You have heard me talk about the business owner cap versus the technician cap. While we often play both roles, Read More.

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Appraisal Business Advertising Real Estate Agent 370

The Appraiser Coach

DECEMBER 5, 2023

I had gone over to do an inspection for him, and we got to talking about how he had had another guy come through earlier to do an appraisal of his home. To make a long story short, this man felt like the first appraisal had come in lower than it should have. Real-estate agents, homeowners, appraisers – we’re all human.

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Real Estate Agent Inspection Appraisal Appraisal Process 150

Housing Wire

FEBRUARY 7, 2023

It essentially allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. The fees are typically lower than in new loans, and no appraisal is needed. In fact, it was fairly common a few decades ago.

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Mortgage Loan Officers Government Buyers 379

Appraisal Today

MARCH 15, 2024

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Whether you’re a seasoned appraiser or new to the field, having a better understanding of rural properties is essential for providing credible appraisals. Well written.

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Appraisal Inspection Modernization Business 69

The Appraiser Coach

APRIL 13, 2021

Some people might say a public forum isn’t the place to air this dirty laundry, but this is not really a public forum. Of my thousands of readers, very few. Read More.

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Appraisal Inspection Advertising Real Estate Agent 370

Appraisal Today

AUGUST 18, 2023

7 Must-Have Apps for Appraisers By: McKissock Excerpts: 1. Dragon is very well-liked among appraisal professionals, making it number one on our list of must-have apps for appraisers. Genius Scan This app gets a lot of love from appraisers. Dragon has been around a long time and is popular with commercial appraisers.

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Appraisal Contracts Inspection Real Estate 74

McKissock

JANUARY 6, 2023

How about one for you and your appraisal business? Most of us are fee appraisers who work independently. Our opportunity is time—it’s time to take stock of where we are and perhaps consider diversification or an alternative appraisal career. Here are a few ideas for transforming your appraisal career in 2023.

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Appraisal Training Lending Land Management 74

Appraisal Buzz

MARCH 26, 2024

In a recent reflection on my appraisal business, I want to share an inspiring story about a fellow appraiser who defied market challenges and achieved remarkable success. This individual, relatively new to running their own appraisal business, exemplifies the power of dedication and strategic learning.

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Business Appraisal Investing Development 195

Housing Wire

DECEMBER 21, 2023

This product allows a homebuyer to purchase a fixer-upper and finance the purchase and renovation in one loan based on the expected appraised value of the home after improvements. MYTH: The appraisal process for VA loans is more stringent and difficult than conventional loans. Who is eligible?

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Mortgage Renovations Appraisal Process Finance 440

The Appraiser Coach

MAY 4, 2021

Despite what rumors you may have heard, Fannie Mae is not coming out with any new appraisal forms. Of course, I am playing with you a bit; they are coming. Read More.

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Development Appraisal Inspection Advertising 170

Housing Wire

MARCH 5, 2024

Typically, the fees are lower than those for new loans and no appraisal is needed. How do you help real estate agents? We help listing agents generate significantly more buyers for their home sales. In 2023, the Federal Housing Administration (FHA) and the U.S. This amounts to $1.4

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Mortgage Buyers Agents Real Estate Agent 424

Housing Wire

FEBRUARY 12, 2024

In business for close to two decades, The CE Shop offers real estate exam prep, continuing education, and broker licensing courses, plus programs for prospective mortgage and appraisal professionals. The CE Shop also provides licensing and qualifying courses for mortgage and appraisal professionals.

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Real Estate Agents Design Real Estate Agent 387

The Appraiser Coach

SEPTEMBER 7, 2021

Technology is important to your business. Sometimes, it can be a challenge to keep your computer, your systems, your network, your internet, and the software you use all running and. Read More.

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Appraisal Technology Business Inspection 326

The Appraiser Coach

MARCH 5, 2024

That’s partly because so much change has happened just during my time as an appraiser. I’ve seen the advent of laser measuring, electronic forms, and most recently, remote appraisals. I had the opportunity to talk with a coaching client about an opportunity that came up for her to act as a staff appraiser.

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Appraisal Business Clients Inspection 195

Realtor

APRIL 14, 2021

This is creating bidding wars, offers over asking, and appraisal gaps—houses are going quickly,” says Shanon Schinkel , branch manager and mortgage lender at Homebridge Financial Services. But there are still many great opportunities if you’re patient and have a great real estate agent and lender.”.

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Mortgage Real Estate Agent Buyers Real Estate 159

Housing Wire

NOVEMBER 1, 2023

In metros across the country, decade after decade, pre-internet and post-internet, buyer agents almost always get 2-3% of the sale price, paid by the seller, the researchers note. and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%. One of the researchers, Will Fried, had a hunch.

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Clients Agents Buyers Sellers 431

The Appraiser Coach

JANUARY 2, 2024

There’s been a lot of talk recently about desktop appraisals. I don’t know any more than you do about where things are headed, but from what I do know, and from connecting the dots, I think it’s that desktop appraisals will become more (not less) popular. That is not to say you must do desktops to continue in appraisal.

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Housing Wire

APRIL 14, 2023

Neighborhoods are subject to the choices of developers, municipal governments and other outside groups. Minorities in real estate We need more people of color in the real estate industry who can shape where we live, work, socialize, shop and worship.

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Real Estate Law Development Business 352

Housing Wire

MARCH 1, 2022

Later in 2020, eOriginal was acquired by Wolters Kluwer for $280 million in cash and continues to operate within the Wolters Kluwer Governance, Risk & Compliance business. Global DMS emphasizes that their appraisal management software product EVO prevents the need to hire additional staff while also decreasing turn times for less cost.

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Real Estate Brokerage Real Estate Agent Technology 349

McKissock

JULY 24, 2020

Disciplinary complaints against appraisers have become more frequent over the last several years. Of course, not all appraisal complaints result in disciplinary action. In many states, the same administrative procedures are used for all professions, and the disciplinary process is governed by state law.

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Appraisal Law Government Real Estate Agent 53

Appraisal Today

JUNE 10, 2022

How can we fix the excess of appraisers? Too many appraisers? 2) We will make it harder to become an appraiser; 3) Let the lower fees discourage newcomer appraisers. In past issues of the Analogue Blog, we have considered the “five forces of friction” on the advancement of appraisal. Purchase vs. refi appraisals.

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Appraisal Contracts Business Mortgage 52