understanding-arms-the-basics-of-how-arms-work Blog Related Topics 
Quicken Loans
SEPTEMBER 10, 2021
For this reason, the idea of going with an adjustable-rate mortgage (ARM) is often dismissed out of hand. We’ll discuss the pros and cons of an ARM refinance, but let’s start with the basics. We’ll discuss the pros and cons of an ARM refinance, but let’s start with the basics. What Is An ARM?
Appraisal Today
MAY 10, 2024
ROV (Reconsideration of Value) Changes – FHA and GSEs GSE Effective date is August 29, 2024 HUD Effective date is September 2, 2024 Editor’s note: This long section includes, In order: McKissock/Dave Bradley post with a good summary including links to HUD and GSE documents. Several sections of HUD Handbook 4000.1 For appraisers, Section II.D.2.
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Appraisal Today
AUGUST 26, 2022
I understand that Fannie Mae requires the sales comparison approach, but what if there aren’t enough good comps? Fannie Mae and the Cost Approach. Excerpt: We often receive questions from appraisers regarding Fannie Mae and the cost approach. Can I use the cost approach as the primary method of valuation?”. Answer: No!
Appraisal Today
OCTOBER 20, 2023
Remote work was in full swing, and consumers were desperately seeking to get out of the cities. A basic Q4, C3 home. I had a terrible time understanding why this appraisal was such a problem for Fannie Mae. The appraisal was ordered by an AMC on behalf of a lender. This approximately 900sf, 1.5 acres of wooded land.
Appraisal Today
JULY 14, 2023
I was surprised to see how few use phone apps. Prior Acts: Coverage for Past Work This is easily one of the most important aspects of your appraiser E&O policy. Recent Appraisal Buzz survey Measuring tape – over half Laser – less than half Guesstimate – a few, but way too many! Phone app. – I was hooked the first time I used it!
Appraisal Today
JANUARY 20, 2023
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 AMC fees, Real estate forecast, Google Business Profile, unusual homes, mortgage origination stats, etc. Dazzle your friends with your knowledge of external obsolescence.
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. ==. To read more, click here.
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