Appraisal Hub

DECEMBER 20, 2023

This is where the expertise of a real estate appraiser becomes invaluable. As a subject expert in property valuation and appraisal services in Toronto, I want to guide you through the importance of professional real estate appraisal and how it can benefit you. Appraisers in Toronto, like those at Appraisal Hub Inc.,

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Real Estate Valuation Appraisal Legal 78

Cleveland Appraisal Blog

JUNE 18, 2022

This week I have a bonus article for my appraisal colleagues who are interested in becoming expert appraisal witnesses in eminent domain cases. Appraising property in an eminent domain case requires unique expertise and skills. Appraising property in an eminent domain case requires unique expertise and skills.

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Birmingham Appraisal

JUNE 11, 2024

My Appraisal Business Has Shifted, Has Yours? When most people think about real estate appraisals, they often associate them solely with buying or refinancing a home. However, real estate appraisals serve many other essential purposes that extend far beyond these conventional uses.

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Appraisal Hub

NOVEMBER 30, 2023

Whether you’re considering selling your home, refinancing your mortgage, or simply looking to understand your property’s market value, a professional residential appraisal is the key. Accurate Market Value Assessment: The primary benefit of a residential appraisal is the accurate assessment of your property’s market value.

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Appraisal Property Taxes Valuation Market Value 78

Appraisal Buzz

JUNE 4, 2024

According to CFPB Circular 2024-03 , companies use fine print tactics to try to trick consumers into believing they have given up certain legal rights or protections. The post CFPB Cracks Down on Deceptive Contract Terms appeared first on Appraisal Buzz.

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Empire Appraisal Group

JUNE 24, 2021

Insurer Growing as 3 Private Insurers Cancel Policies. Insurer Growing as 3 Private Insurers Cancel Policies | Florida Realtors. As another hurricane season bears down on the state, more than 50,000 Florida home insurance customers will soon receive notices that their policies have been canceled or won’t be renewed.

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Housing Wire

AUGUST 22, 2023

The agencies intend to tackle two challenges evident during the Covid-years refi boom: higher costs due to appraiser shortages and concerns regarding bias in home valuations. “Even when appraisers follow the intended approach, it may result in an outcome that disenfranchises people. the trade groups state. ”

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Appraisal Buzz

JUNE 7, 2024

As Director, Chopra is also a member of the Board of Directors of the Federal Deposit Insurance Corporation (FDIC) and the Financial Stability Oversight Council (FSOC). According to CFPB Circular 2024-03, companies use fine print tactics to try to trick consumers into believing they have given up certain legal rights or protections.

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Housing Wire

OCTOBER 2, 2022

Ishbia also announced Safe Check, which will allow borrowers to get an appraisal waiver pre-check before submitting their loan. In April, Fannie Mae announced that it would be accepting written opinion letters from an attorney in lieu of a title insurance policy “in limited circumstances.”.

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Housing Wire

MAY 27, 2022

The requirement also applies to mortgage lenders, legal experts say. In his own statement Thursday, Chopra said companies have “legal responsibilities when they let a black-box model make lending decisions.”. The CFPB did not immediately respond to a request for comment.

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D Fritz Appraisals

OCTOBER 11, 2022

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market.

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McKissock

MAY 15, 2023

Thinking about starting an appraisal business? If you’re already a fully licensed and accredited real estate appraiser, chances are you have already been working with a more experienced appraiser. Depending on circumstances, the costs of starting an appraisal business can range from fairly high to very low.

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Business Appraisal Advertising Real Estate 71

Housing Wire

APRIL 10, 2024

Mortgage brokers ’ compensation is in the spotlight after a recent Federal Deposit Insurance Corporation (FDIC) test concluded that some financial institutions failed to prove that payments were “reasonably related” to the value of services provided.

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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. Appraisers were busy cranking out appraisal reports.

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Cleveland Appraisal Blog

AUGUST 25, 2022

Today, Cleveland Appraisal Blog shares a few tips for first-time investors. When you run a business, and owning rental property is a business , you’re almost always better off forming a legal business structure. Cleveland Appraisal Blog offers a wealth of free information on every aspect of the appraisal process.

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Cleveland Appraisal Blog

FEBRUARY 24, 2022

This week, I welcome back guest blogger June Duncan, who wrote this article for the Cleveland Appraisal Blog. So, start by getting your home appraised so you know how much you can reasonably expect for it. If you need to purchase inventory or supplies, do so after your business is legal. – Birmingham Appraisal Blog.

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Business Appraisal Real Estate Legal 243

Appraisal Today

JUNE 23, 2023

This Is Where Appraisal Liability Risks Lie (Plus Tips on How to Avoid Them) By: McKissock Excerpts: While it’s difficult for a litigant to win a judgment against an appraiser, that doesn’t spare appraisers the inconvenience of being sued, which can be costly, time-consuming, and harmful to one’s reputation even if the suit fails.

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McKissock

OCTOBER 23, 2020

There are many types of litigation where real estate appraisers can be helpful in providing evidence to the court. Many of these will require engaging the appraiser to perform an appraisal specifically for the case. Others will simply rely on a previous appraisal and call the appraiser to testify about it.

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Boston Appraisal

MARCH 18, 2024

In legal disputes, the accurate valuation of real estate can be pivotal, making real estate appraisers key expert witnesses. Their specialized knowledge and objective analysis provide crucial evidence that can shed light on complex issues, shape legal strategies, and underpin strong case arguments.

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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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Housing Wire

SEPTEMBER 16, 2021

Kully previously worked at the Department of Housing and Urban Development as a senior attorney, in the legal division at Fannie Mae and as a partner at K&L Gates. I have also been watching fresh ideas and new approaches in the appraisal industry. HousingWire: Lastly, what was your biggest learning opportunity?

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AmeriMac

MAY 15, 2024

Navigating Relocation Appraisals Successfully Relocating to a new city or state can be a complex and overwhelming process. One crucial aspect of the relocation process is the appraisal of the property being sold. In this blog, we will delve into the world of relocation appraisals and explore their importance in the relocation industry.

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Housing Wire

SEPTEMBER 15, 2023

Data is imported from multiple sources including credit agencies, public records aggregators, appraisers, inspectors, title and insurance firms and Realtors. Validation : Mortgage is a manufacturing process with end products dependent on accurate information.

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Cleveland Appraisal Blog

SEPTEMBER 21, 2023

Anastasia Corjan reached out to me a little over a year and a half ago to invite me to be an Appraisal Ambassador for them. In the following interview, she shares with us a little about CubiCasa, her journey there, and some tips on how appraisers can attract more non-lender work. This add-on is the most popular among appraisers.

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Empire Appraisal Group

JULY 1, 2021

5 Appraisal Topics Every Agent Should Know. Source: 5 Appraisal Topics Every Agent Should Know | Realtor Magazine. Appraisers are an integral part of the real estate sales process. Interacting With an Appraiser at a Property. Don’t tell the appraiser your client needs a certain value, for example.

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D Fritz Appraisals

JANUARY 8, 2022

Seeing how useful aerial photography has been in creating real estate listings, real estate appraisers are now also beginning to see the value in adding drone technology to their toolkits. . Drones for Real Estate Photography and Appraisals – Four Key Benefits: Drones Can Capture a High Level of Detail. What is Drone Photography?

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Real Quantum

SEPTEMBER 25, 2021

Maximize the Value of Your Appraisal Firm, an Interview with Peter Christensen of Valuation Legal. Eventually, every commercial real estate appraisal firm owner will decide it is time to sell the business. Reasons people sell their appraisal firms. How to maximize the value of your appraisal firm. Valuation Legal.

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The Robert Weiler Company

SEPTEMBER 30, 2020

Unlike a commercial real estate appraisal review, most of the answers from “Facebook experts” are not fact-based; the responses on your social media post will range from beliefs to convictions to opinions. Fortunately, we do not conduct commercial real estate appraisals on social media! A public project is being conducted.

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Appraisal Today

MAY 10, 2024

Appraisersblogs with Dave Towne’s opinions plus many appraiser comments. Within this framework, the lender must include steps for the borrower to appeal an appraisal when they believe the value opinion: is unsupported; is deficient due to unacceptable appraisal practices; or reflects discriminatory practices.

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Empire Appraisal Group

JANUARY 20, 2022

Not all property insurance companies will cover solar panels, and the ones that do have a wide-ranging set of rules and inconsistent coverage pricing. However, potential savings could be offset by another higher cost: property insurance rates. Murphy, director of government affairs for the Florida Association of Insurance Agents.

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Realtor

NOVEMBER 16, 2017

No mortgage insurance. Most conventional buyers have to pay private mortgage insurance if they put less than 20% down. FHA loans come with their own forms of mortgage insurance. But a VA loan waives that insurance requirement. Title insurance. Extra assistance with appraisals. Limited closing costs.

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Insurance Appraisal Buyers Real Estate 146

Housing Wire

FEBRUARY 9, 2021

All facets of real estate transactions, from appraisals and advice to financing and insuring, are highly regulated. Trying to innovate using an end-around will likely not only fail in the long run, but it may also land you in legal hot water. But are you doing it within the rules? Because like it or not, there are a lot of them.

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Lamacchia Realty

MAY 9, 2023

Appraisal Cost: A home appraisal is a professional examination of your home done by a licensed appraiser who specializes in examining homes and determining a value. Title Insurance: If you obtain a mortgage you will be required to purchase Title Insurance for the bank.

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Eppraisal

FEBRUARY 14, 2024

These costs typically include a variety of fees, such as loan origination fees, appraisal fees, title insurance, escrow fees, and taxes. Appraisal Fees: Lenders often require a professional appraisal to assess the fair market value of the property, and buyers are typically responsible for covering this expense.

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Eppraisal

OCTOBER 23, 2023

Your offer will only become legally binding if the seller signs it. Wait for the Appraisal The lender will hire an appraiser to determine the house’s fair market value. Buy New Homeowners Insurance Call an insurer about getting a policy for your new home. The seller can pick a different one.

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Appraisal Today

SEPTEMBER 30, 2022

Killed by Carbon Monoxide: Appraiser Blamed. 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. Humor for Appraisers. Read this article on how to check CO detectors. CO Detector vs Smoke Alarm.

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Real Quantum

FEBRUARY 24, 2021

Why 2021 is a Good Time to Start an Appraisal Business and How to Do It. I nterested in starting a commercial real estate appraisal business this year? For instance, Illinois has the tenth highest insured unemployment rate in the country at 7.6%. This is the percentage of people currently receiving unemployment insurance.

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Business Appraisal Legal Real Estate 38