Appraisal Today

MARCH 15, 2024

In this guide, we’ll explore what defines a rural property, the challenges appraisers face, reasons for conducting rural appraisals, strategies for finding comparables, and tips for writing a compliant appraisal report. Kiedrowski The most recent statistics show Value Acceptance accounts for up to 40% of all mortgage approvals.

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Housing Wire

DECEMBER 20, 2021

Even in the extreme conditions of COVID-19, my general premise on housing economics predicted that the two variables with the most influence — demographics and mortgage rates — would hold up the housing market. The 10-year yield and mortgage rates. That range dictated that mortgage rates would roughly stay between 3.5%-4.75%.

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Housing Wire

MARCH 16, 2023

How is today’s housing starts data , which beat expectations, good for mortgage rates ? Typically good economic data is bad for rates, especially in this environment, when a Fed member will come out and say building or buying homes is bad for fighting inflation. Like most recessions, when demand falls, so does production.

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Appraisal Today

APRIL 28, 2023

So when we type the report, a comment like this might slip past the reviewer and underwriter: “A thorough search of the subject’s marketing area revealed a scarcity of sales comparables with solar panels.” The article is worth reading. in a short resume you can send. Use the examples in the above article to get someone to help.

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Appraisal Today

OCTOBER 14, 2022

After many years of reading appraisal reports, my response is “One that leaves the reader with few unanswered questions, allows the data to tell the story, keeps appraiser interventions to a minimum and is able to present a case for what a property is worth, as well as what it is not worth.”. Is there room for more improvement? By McKissock.

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Appraisal Today

MAY 20, 2022

Some appraisers are submitting reports where they have the listing agent hand-draw the interior walls on copies of the county auditor’s sketch outline. Fees are much higher than for other home appraisals, of course.Getting too many ad-only emails? =. I called the chief appraiser of the bank that ordered the appraisal. Price: $725,000.

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Appraisal Today

SEPTEMBER 9, 2022

After receiving an ROV request, send an acknowledgement of receipt and advise the client that the ROV request will be analyzed and responded to in a timely manner. He worked in management positions for several large AMCs. Therefore, in my reports, my reconciliation is on a separate addendum. To read more, click here.

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Housing Wire

JANUARY 11, 2021

jobs report was negative 140,000 jobs for the first time since April. In the same week that we experienced a real-life horror show, the 10-year not only broke over 1% for the first time since the beginning of COVID, but also ended the week with much higher yields! 2, however, mortgage rates have been falling.

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