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Wells Fargo, CoreLogic partner on real estate tax processing operations

Housing Wire

Wells Fargo and information services company CoreLogic partnered on real estate tax processing operations to enhance risk management, compliance and customer experiences in the mortgage servicing sector. A total of $152 billion in property tax payments were processed through the portal in 2021 and about 80% of U.S.

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Consider These Factors Before Buying Land In 2023

Cleveland Appraisal Blog

Start thinking about the financing options available, such as mortgages, loans, and grants, and the associated interest rates, repayment terms, and fees. Before you purchase anything, consider the legal implications, including property taxes, zoning laws, environmental regulations, and permits required for your intended use.

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Brokers followed with 24%, and appraisal-certified professionals comprised 14% of the respondents. I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today.

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What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

You may have noticed by now that a land contract sounds similar to a mortgage. The big difference is that you are not borrowing money from a bank or lender and paying back the purchase price plus your mortgage payments to the bank. Tax advantages. Buyers can claim property taxes, the value of improvement projects (i.e.,

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Racial Bias in Real Estate: Is it the Appraisers’ Fault?

Appraiserblogs

In the past year, the appraisal industry has been under attack from various academics who claim “racial bias” on the part of real property appraisers providing appraisal services to lenders who provide home mortgages. appeared on Appraisers Blogs.

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Uncertain future, forgetting the past

Annarbor Appraisal

Not that long ago, the United States in general experienced a significant decline in property sales prices due to the Great Recession and the mortgage market fallout. What about property taxes and their effect on affordability? I cannot even pretend to understand why we forget the past or how it may predict the future.

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Reconsideration of Value and Appraisers

Appraisal Today

Appraisers are still required to comply with USPAP when responding to an ROV request, including the confidential nature of assignment results. My comments : ROVs are a PITA for many appraisers. Greg Stephens is a very experienced appraiser and reviewer. Reconsideration of Appraised Value. Appraisal Business Tips .