Birmingham Appraisal

MAY 1, 2024

Home Renovations and Appraisal Value As an appraiser, I get asked about how much value will be added for different types of home projects or renovations. The truth of the matter is that it is difficult to give a straightforward answer. The best way to look at home renovations is by considering the overall impact they will have on your home.

Renovations 75

Renovations Appraisal Real Estate Agent Construction 75

Lamacchia Realty

SEPTEMBER 20, 2023

EVERYTHING YOU NEED TO KNOW ABOUT CLOSING COST CREDITS Buyers , sellers , and sometimes even real estate agents get confused with how closing cost credits work. In fact, they help sellers because many buyers cannot buy without them. Around 2009 all mortgage companies and regulators put a stop to it. That is no longer allowed.

Sellers 62

Sellers Buyers Property Taxes Inspection 62

Raleigh Realty

FEBRUARY 19, 2022

You've found a home you love, put down an offer you're excited about, and the closing date is fast approaching. Here's what you need to know about home appraisals so that you come prepared. Appraisals 101: What to Expect From the Home Appraisal Process Wondering what to expect from your home appraisal? We have you covered.

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

Appraisal Today

JUNE 16, 2023

Freddie Mac Announcement: “Loan Collateral Advisor: Starting June 29 New Messages Alert Users to Certain Unacceptable Appraisal Practices,” April 28, 2023) To read, click here So, if we have the technology and tools to present our conclusions in clearer, fact-based ways, let’s get ahead of the program and make the changes proactively.

Appraisal 74

Appraisal Contracts Design Mortgage 74

Appraisal Today

NOVEMBER 10, 2022

To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on barndominiums, liability, declining prices, non-lender marketing, Freddie bad appraisal practices, unusual homes, mortgage origination stats, etc. ==. Powerball Jackpot.

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52

Quicken Loans

SEPTEMBER 21, 2021

Adjustable-rate mortgages (ARMs) can make a lot of sense for many people. What Is An FHA Adjustable-Rate Mortgage? An FHA adjustable-rate mortgage is an ARM backed by the Department of Housing and Urban Development ( HUD ). You can generally get a lower rate than you could with comparable fixed-rate loans.

Insurance 48

Insurance Mortgage Investors Clients 48

The Robert Weiler Company

APRIL 22, 2023

In fact, Columbus ranked as the #1 metro area in the United States for Global 500 headquarters! Think about working with a commercial real estate firm in Columbus, Ohio. Think about working with a commercial real estate firm in Columbus, Ohio. Ohio is home to the headquarters of 27 companies on the U.S. Fortune 500 list.

Tenants 78

Tenants Real Estate Transportation Clients 78

Cleveland Appraisal Blog

OCTOBER 1, 2021

Consider the following three tips from the Cleveland Appraisal Blog for downsizing with a pet in tow. Take pictures early on in the process, and get preapproved for your mortgage to figure out how much you can borrow. This week, I am also working on a new Home Value Stories podcast episode. Stay tuned.

Appraisal 243

Appraisal Valuation Realtors Modernization 243

Quicken Loans

DECEMBER 3, 2021

Additionally, VA loans don’t require private mortgage insurance (PMI). No, not all mortgage lenders offer VA loan benefits. A VA loan is one of the most widely used benefits available to veterans and military service members. VA Loan FAQs. What are the advantages of a VA loan? What are the advantages of a VA loan?

Insurance 62

Insurance Appraisal Mortgage Appraisal Process 62

Listing Spark

AUGUST 17, 2023

The FHA has insured over nine million mortgages since 2009 , and as home prices have climbed higher than ever in the past three years, many prospective homeowners are turning to FHA loans due to the increased assistance and down payment requirements.

Investors 36

Investors Investing Buyers Real Estate 36

Appraisal Today

SEPTEMBER 30, 2022

The legal team for the parents of the deceased young adults (plaintiffs) alleged that the appraiser, Darcy Doe (name changed for privacy), had negligently appraised the Smiths’ home and had reported the presence of a CO detector when in fact, none were present. CO Detector vs Smoke Alarm.

Appraisal 52

Appraisal Inspection Easement Contracts 52

Appraisal Today

APRIL 21, 2023

The State Appraisal Board Wants to Throw Me Under the Bus, Right? by Barry Phillips and Tim Andersen Excerpts: So, what do the investigator and the state board look for as part of their investigation? Everything else in such an investigation is merely an elaboration of the answers to these two questions. Nevertheless, there is a warning due here.

Appraisal 52

Appraisal Contracts Modernization Mortgage 52

Quicken Loans

APRIL 12, 2021

Foreclosure happens when a borrower fails to pay their mortgage payments and the lender or mortgage investor must repossess the home. Foreclosure : the legal process in which a lender or mortgage investor takes back unpaid property. The lender is allowed to take back the home because a mortgage is a secured loan.

Inspection 54

Inspection Property Taxes Mortgage Investors 54

Hood Homes Blog

MAY 6, 2018

Using a mortgage calculator ? Don’t forget to include the monthly mortgage insurance ! I wrote an article on why you should strongly consider still using a real estate agent when buying from a builder, beginning with the fact that the builder has budgeted to pay your agent already. Bad Budgeting.

Buyers 36

Buyers Realtors Agents Construction 36

Appraisal Today

FEBRUARY 9, 2024

Appraisers Riding the Waves of Up and Down Mortgage Rates Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! How does the FHA define appliances? By Daniel A. Bradley, SRA, CDEI In September of 2015, FHA revised Handbook 4000.1

Appraisal 79

Appraisal Contracts Insurance Construction 79

The Robert Weiler Company

OCTOBER 21, 2022

If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. Think of this person as a property detective; the commercial appraiser assembles various facts, statistics, and other information regarding the property.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Today

NOVEMBER 20, 2022

Many appraisers were bragging about their ability to fill out two or three appraisal forms a day and receive no call-backs from lenders. Unsupported adjustments (adjustments based on “my 30 years in the business” instead of facts). Unsupported adjustments (adjustments based on “my 30 years in the business” instead of facts).

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52

Will Springer Realtor

SEPTEMBER 13, 2022

One of the keys to unlocking a home purchase in this challenging housing market is to forgo the traditional desire to put 20% down on a property and avoid paying private mortgage insurance. In fact, the average down payment on a home is about 12% and 7% for first-time buyers.

Insurance 36

Insurance Mortgage Buyers Valuation 36

Appraisal Today

OCTOBER 13, 2023

If you don’t adjust for the subject being on a busy road, you add a sentence about the neutral impact of the busy road and a comparable to support that conclusion—before being prompted to do so by the underwriter. I am writing two long articles for the November issue about Hybrid Desktops and Property Data Collectors.

Appraisal 79

Appraisal Law Contracts Business 79

Will Springer Realtor

DECEMBER 19, 2023

We asked this question in last year’s blog post and, perhaps not surprisingly, the answer is about the same today: It depends. Economists and investors have been upbeat about how the employment picture has remained mostly resilient in the wake of economic headwinds. Buyers and sellers tiptoed through caution.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Housing Wire

MARCH 11, 2024

President Joe Biden’s proposals for the housing and mortgage markets, announced during the 2024 State of the Union address on Thursday night, are “dead on arrival or troubling,” according to Isaac Boltansky, an analyst for financial services firm BTIG. percentage points and helping about 3.5 percentage points and helping about 3.5

Insurance 420

Insurance Mortgage Government Inventory 420

Will Springer Realtor

SEPTEMBER 12, 2023

He said something interesting at the end of his rinse & repeat suggestions about moving my feet: “This is a walking city, you know.” Like most doctors when talking about medicine and healthcare, he’s right. Here’s a blog post on the topic from last summer.) Seattle is a good walking city. The report found that 6.8%

Sellers 36

Sellers Development Retail Real Estate 36

Will Springer Realtor

OCTOBER 25, 2022

Available to active duty members, veterans of the armed forces and their surviving spouses, the benefit offers up to 100% financing – meaning no down payment – on the purchase of a home without monthly mortgage insurance and, as of 2022, no loan limit, making this a good option to conventional lending products.

Mortgage 36

Mortgage Buyers Insurance Government 36

Appraisal Today

SEPTEMBER 17, 2022

This was originally posted on McKissock’s Appraisal Blog, but that link was not working. To read more of this long blog post with many topics, click Read More Below!! Excerpt: Here are a few items: Screwdriver: A screwdriver has many uses. Voltage detector: To determine whether wires are live. I have been bitten by dogs. 2,500 sq.ft.,

Appraisal 52

Appraisal Construction Contracts Insurance 52

Listing Spark

NOVEMBER 11, 2022

In this blog post, we’ll go over the basics of what you need to do in order to sell your home without an agent, including the necessary paperwork for selling a house without a realtor in Texas. You should start thinking about how your home will be marketed if you’re not using a Realtor. 1) Market the home for sale.

Realtors 36

Realtors Contracts HOA Sellers 36

The Robert Weiler Company

NOVEMBER 10, 2021

In fact, according to the US Energy Information Administration, there are an estimated 5.9 NOI is a figure – not a calculation – that is, the amount of income the asset yields after operating expenses (including vacancy and loss) and before the mortgage is paid. By comparison, an Olympic-sized pool contains 13,455 square feet.

Real Estate 78

Real Estate Retail Investing Tenants 78

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. This segment of America, born from about 1980 to 1998 and the largest living adult generation in U.S. In fact, 36% of all Seattleites are Millennials. points at 34.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

AUGUST 9, 2022

What’s not to like about an affordable housing option with private access, bedroom, kitchen, bath and living area? What’s not to like about an affordable housing option with private access, bedroom, kitchen, bath and living area? Don’t get me started about Seattle’s design review exercise!) . You deserve it!

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

MARCH 11, 2024

The soaring prices of insurance and energy have dealt a two-pronged blow to homeowners’ wallets, with no relief in sight. Nationwide, home insurance premiums have surged by an average of 21% year-on-year, as of May 2023, equating to an annual increase of $244 per household.

Insurance 36

Insurance Sellers Real Estate Buyers 36