Appraisal Today

DECEMBER 8, 2023

To read more, Click Here My comments: Excellent analysis. To read more, Click Here My comments: Excellent analysis. Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! But that begs a question… similar how? The four-bedroom, 4.5-bath

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Appraisal Today

AUGUST 4, 2023

In a truly Orwellian move, mortgage giant Freddie Mac recently announced its intent to censor an arbitrary collection of words such as “desirable,” “safe,” “well-kept,” “student” and “crime” when they appear, in any context, in the hundreds of thousands of appraisal reports it relies on in mortgage underwriting.

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Appraisal Today

DECEMBER 2, 2022

To read the letter (PDF), click here. NAR Urges Appraisal Foundation To Establish Equivalency Credit for Education and Experience. Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. Counseling buyers, sellers, owners, and tenants about listing and offering prices, and market rent.

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Appraisal Today

OCTOBER 28, 2022

To read the answers and more, click here. My comments: I have always strongly recommended doing VA appraisals, especially since AMCs took over other lenders’ appraisal management. Lenders want to make more money. I wrote a long article about VA in the past, available to paid subscribers. October 10, 2022.

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Appraisal Today

JUNE 23, 2023

Topics include: USPAP and state laws Types of lawsuits brought to appraisers Disclosures and disclaimers to reduce appraisal liability risks To read more, click here My comments: Peter Christensen is very knowledgeable. To read more click here My comment: You can drive to the island along a narrow road, which is a significant plus!

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Appraisal Today

JANUARY 20, 2023

Top Ten Reasons Why It Is Great to be an Appraiser! Appraisal Business Tips Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Concessions increased over 30% in the previous quarter and the fourth quarter of 2021. The wonderful world of rats, bats, and spiders.

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Houston Properties

JULY 22, 2022

Their knowledge of the sale trends and appreciation rates in the Greater Heights area is top-notch. Asking yourself, "What is the home value of my house in Houston"? Use this Houston home valuation tool from HoustonProperties.com. Value Your Home. Planning to sell your home but overwhelmed with all the steps to take? Wellington.

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Appraisal Today

AUGUST 19, 2022

The number one mistake is that the appraiser did not include the lender’s specific report requirements,” Nakashima confirms. Review the specific lender requirements and make sure you covered all the bases. To read more, click here. My comments : Worth reading if you do lender appraisals. Review appraiser liability.

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Appraisal Today

FEBRUARY 24, 2023

What is the mark of an appraiser who is at the top of his or her “game”? To read more good ideas, click here My comments: Most appraisers are not busy. Non-lender appraisals, with higher fees, also require a higher skill level. What Level Appraiser Are You? Beginner, Intermediate, or Pro? You might answer, “Absolutely!”

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Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. Concerned about a housing market crash? Worried about missing out on a boom? The average household finances are in the best shape they’ve ever been in.

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Appraisal Today

APRIL 12, 2024

Home equity lines of credit (HELOCs): When homeowners apply for HELOCs, lenders may request desktop appraisals to ascertain the property’s value and determine the credit limit without requiring a full appraisal. The list of non-lender uses is very good. North Carolina’s Most Expensive Listing – $50M Excerpts: 7 bedroom 7.5+

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Appraisal Today

SEPTEMBER 29, 2023

Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! It looks like a sculpture sitting on top of Mount Veeder. The grapes grown here have produced award-winning wines, the listing notes. Another tricky HBU issue in California!

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Appraisal Today

SEPTEMBER 2, 2022

In other words, USPAP doesn’t prohibit a mortgage broker from calling and asking you to develop an appraisal based on a predetermined value, but USPAP does prohibit you from accepting that assignment. For 8 more reasons , click here. Excerpts: There’s no simple and easy way to deal with appraisal pressure. A Very controversial topic!

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Appraisal Today

JANUARY 4, 2023

Appraisers Share Their Top Professional Goals for 2023. Achieve a better work-life balance (10%). To read more, including personal comments from appraisers, click here. I write about non-lender work, staying up when business is down, retirement planning, and more in my monthly newsletter. By: McKissock (Survey).

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Appraisal Today

DECEMBER 30, 2022

To read more, click here. The mortgage industry has been wanting this for a long time. I still recommend VA to appraisers as they are the only mortgage organization that wants to help the borrower instead of making as much money as possible. To read more, click here. By Dave Towne December 21, 2022. Excerpts: The U.S.

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Appraisal Today

NOVEMBER 20, 2022

Every lender and AMC were seeking and hiring review appraisers in order to keep up with demand. Every lender and AMC were seeking and hiring review appraisers in order to keep up with demand. Many appraisers were bragging about their ability to fill out two or three appraisal forms a day and receive no call-backs from lenders.

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Houston Properties

MARCH 23, 2022

Fixed-rate mortgages are paid back in “cheaper dollars”. FREE GUIDE TO HOUSTON'S BEST NEIGHBORHOODS Enter your email to a free guide to Houston top neighborhoods (based on flooding, schools, appreciation rates, walkability & more.) Benefit #2: Fixed Rate Mortgages Paid Back in “Cheaper Dollars”.

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Appraisal Today

MAY 20, 2022

I was really at a dead end here. To read more and see a fun video and animated gifs, click here. Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! She had no idea and had never heard of this type of thing being needed. I called the bank and explained the situation.

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Houston Properties

OCTOBER 1, 2021

Where can I afford to live in Houston’s top western/southwestern suburbs (Katy, Sugar Land, Richmond)? Cost of living in Houston ranks second lowest among the nation’s top 20 most populous US metropolitan areas (1). See why the 2020-2021 housing market saw a boom during a year of human misery. We have great lenders.

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Will Springer Realtor

JULY 8, 2022

This, coupled with a significant portion of homeowners standing pat with mortgages at or below 4% interest (and other factors) is causing the market to lose steam. Home shoppers often focus on the direction of mortgage interest rates, which have jumped more than two percentage points this year alone to a range of 5.75%-6.0%

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Will Springer Realtor

OCTOBER 11, 2022

At what point will mortgage interest rates peak? While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment. Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market.

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Will Springer Realtor

MAY 12, 2021

Home prices are overheating, mortgage rates are inching up from the start of the year and the supply of homes is in an unseasonable valley – far from its Mt. Today, 37% of all buyers are Millennials and they comprise about 54% of all mortgage applications. Rainier-esque peak of a decade past! Thank you, Millennials! points at 34.

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Appraisal Today

JULY 22, 2022

To Read this 5-page Update click here. To listen to the podcast, click here. It is on the top of the web page now. I received the Fannie email notice on July 19, 2022, at 10:30 Pacific time. Excerpts: Updated guidance, including some new and substantively revised FAQs. A few of the Q&As. 37-minute podcast. .

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