Remove what-do-homebuyers-have-to-provide-lenders-to-receive-a-loan-estimate
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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

To read more, click here My comments: Now we know what NAR members think about it. To me, the big issue is who is doing the inspections. Only appraisers do the appraisals. What they were doing about inspectors had a wide range. On a more positive side, I have done thousands of drive by appraisals since 1986.

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Fannie Files Complaint Against Appraiser

Appraisal Today

The appraisal was ordered by an AMC on behalf of a lender. Five days after the report has been delivered, I received a revision request. The AMC stated that the lender indicated the appraisal received a high risk score by Fannie Mae. Fannie Mae provided two sales and two listing based on their “model”.

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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

Cosmetic repairs Examples MPR repairs Examples Conditions that require inspection Examples To read more, click here My comments: If you do FHA appraisals, read this blog post. I quit doing FHA appraisals in the mid-1980s because of the inspection requirements compared to conventional appraisals, that did not have the requirement.

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Appliances for FHA appraisals

Appraisal Today

to provide a specific definition, which includes: Refrigerators Ranges/ovens Dishwashers Garbage disposals Microwaves Washers and dryers It’s important to note this does not include garage door openers, swimming pool pumps, intercoms, sound systems, and security systems. How do appraisers consider appliances? By Daniel A.

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SFR with ADU or Two Units?

Appraisal Today

How do you know whether you’re dealing with an accessory dwelling unit (ADU) or a second unit? Topics include: ADU meaning and types What is a two-family property? Finally, what they are and where they can be built became standardized. I have never seen something this contemporary before in Napa Valley.

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Expectations for 2023 in Seattle/King County Real Estate

Will Springer Realtor

Only recently have we seen an easing of these key indicators (except for those darn eggs!). What followed was a consumer public unwilling – or unable – to qualify for mortgages with interest rates more than double from the start of the year. What’s next? or lower – as low as 2.77%, according to Freddie Mac.

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What Are Fannie’s New Appraisal Online Formats?

Appraisal Today

For instance, answering ‘yes’ to a question about noted deficiencies will create a new section where details are needed regarding the deficiency which include further questions about whether or not repair is required and if so, the estimated costs of those repairs and section to provide a photo of the deficiency.