Appraisal Today

JUNE 9, 2023

When making appraisal adjustments, examine the quality of your data and remember that any quality ratings in your county records or MLS are not always reliable. Reliability of data You need to consider: What is this data telling me? To read more, click here My comments: The blog post has a link to Quality Ratings.

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Appraisal Today

APRIL 1, 2023

Appraiser Gets Subpoena – What to Do Excerpts: As an appraiser, you don’t have to be sued or be facing a lawsuit to find yourself on the receiving end of a subpoena—staring down a lawyer who is peppering you with questions. To read more of this long blog post with many topics, click Read More Below!!

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Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. One was sold about 20 years ago by a famous architect, Julia Morgan. Worth reading. A good summary. No effect on value.

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Appraisal Today

MAY 26, 2023

Cosmetic vs. MPR Repairs: Guidance for FHA Appraisers By: McKissock Excerpts: If you are appraising a property that needs some cosmetic repairs but meets FHA minimum property requirements (MPR) in its current condition, you should make the appraisal “as-is.” Here is some guidance on cosmetic repairs vs. MPR repairs. billion tax fraud scheme.

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Appraisal Today

FEBRUARY 9, 2024

NOTE: Please scroll down to read the other topics in this long blog post on E&O and state boards, bias, 32% sales are new homes, unusual homes, mortgage origination stats, etc. = 5-Story Mountain Lodge in Georgia for $1,475,000 Excerpts: 4 bedrooms, 3 baths, 3,300 sq.ft., Acre lot, built in 2023 as a spec home. By Daniel A.

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Appraisal Today

FEBRUARY 2, 2024

2024 Updated UAD and URAR – What does It Mean for You? The Appraisal World Is Changing January 25, 2024 Excerpts: There has been a lot of talk about the Uniform Appraisal Dataset (UAD) and Uniform Residential Appraisal Report (URAR) redesign initiative, and how it will make life easier for appraisers. What exactly does this mean?

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Will Springer Realtor

APRIL 10, 2024

This could add additional costs, potentially ranging from 1% to 2% of the agreed price, to their bottom line. Recent news that the National Association of Realtors® (NAR) wishes to settle a series of lawsuits from home sellers has sent ripples through the real estate industry. The settlement could be rejected or amended. (A

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Appraisal Today

NOVEMBER 17, 2023

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference. The beloved musician died in 2012.

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Appraisal Today

DECEMBER 30, 2022

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 of this long blog post with many topics, click Read More Below!! My comments: Read the appraisers’ comments. The law is not surprising. Where VA loans are soaring.

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Appraisal Architecture Business Appraisal Process 52

Will Springer Realtor

SEPTEMBER 12, 2023

During an otherwise mundane annual physical, my doctor includes the usual reminders: Watch what you eat and drink, hit the gym and go for a walk every other day or so. Here’s a blog post on the topic from last summer.) (Here’s a blog post on the topic from last summer.) Seattle is a good walking city. of the U.S.

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Sellers Development Retail Real Estate 36

Will Springer Realtor

JANUARY 9, 2024

NEW LAWS AFFECT HOME BUYERS Washington lawmakers last year set out to make our corner of the country one of the most consumer-friendly real estate environments anywhere. As the clock struck midnight on New Year’s Eve, the nation’s attention may not have been completely fixed on a descending Waterford crystal ball in Times Square.

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Mortgage Real Estate Law Lending 36

Will Springer Realtor

OCTOBER 11, 2023

Entry is free on Nov. Rainier and other national parks on this special day. Since Veterans Day falls on a Saturday this year, you can expect far more people and far less available parking. Zoning laws in the U.S. This helps to maintain consistent property values without the highs and lows of that amusement park ride next door.

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Law Development Design Government 36

Will Springer Realtor

AUGUST 11, 2023

Click to expand any image or graphic from my newsletters and blog posts.) With so few available places to live, the competition for those homes is making housing much less affordable for many. If finding a home isn’t enough of a challenge, affording one can make the purchase experience doubly “exciting.”

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Will Springer Realtor

OCTOBER 11, 2022

At what point will mortgage interest rates peak? That’s the million-dollar question and the answer is closely tied to the government’s ability to stem inflation, which makes the cost of our question closer to $1,085,000. What is certain is that the Fed continues to have its foot firmly pressed on the pedal. from today’s U.S.

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Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

DECEMBER 12, 2023

We have enjoyed working with many of you this year and providing informative stories and features in this newsletter as well as on the Living the Dream blog and social media platforms. at this time in 2023 (quite optimistic!). What does 2024 look like for the national housing scene and across Seattle/King County? 19) at 10am PT.

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Appraisal Today

JUNE 2, 2023

Concessions, Kickbacks, and the Appraiser’s Nightmare by Richard Hagar, SRA Excerpts: What Appraisers Must Do There are many steps appraisers must follow, more than I can list here. Solutions to Keep You Safe Make sure you have a complete signed purchase contract. However, you should start off by listing and describing the concessions.

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Appraisal Contracts Real Estate Agent Sellers 52

Will Springer Realtor

NOVEMBER 10, 2023

Or they may charge high monthly dues or move-in fees to financially limit some from making an offer on a home that they otherwise could afford. In a colorful April 2023 segment , Oliver said: “When you introduce for-profit companies to find problems in your neighborhood, things can change fast. The figure was 70% only 10 years ago.

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HOA Buyers Law Supply Chain 36

Will Springer Realtor

JUNE 9, 2023

No, I’m not talking about Bed, Bath & Beyond 20% off coupons in our mailboxes. What’s happening? Farewell, BB&B! I’m referring to people flocking to the Seattle metro area from across the country and around the world. Our region had a net gain of 17,750 people in the 12 months ending July 1, 2022.

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Buyers Transportation Housing Market Law 36

Will Springer Realtor

JULY 9, 2021

Make sure residents can get to their employer and to a jobs center. adults: 42% of full-time remote workers say they are planning to move over the next 12 months and 26% of on-site workers are making similar preparations. Wouldn’t it be great if we lived in a place where most major conveniences were within 15 minutes? ——-.

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Buyers Development Transportation Inventory 36

Will Springer Realtor

FEBRUARY 9, 2024

The figure is a 20% jump from 2019 and represents 43% of all city households, the sixth-highest total in the nation. For one, we tend to live alone – a full 156,000 of us city dwellers have no roommates or live-in partners unless you count your pet (we do love our pets!). Whether this is a healthy existence is another story. In fact, the U.S.

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