Housing Wire

APRIL 14, 2022

What happens when the Federal Reserve begins pulling back in a serious way from the mortgage-backed securities (MBS) market that it has helped to prop up through billions of dollars in bond purchases since the start of the pandemic in 2020 — to the point where it now holds a $2.7 You don’t know what investor demand is going to be.

Marketing 416

Marketing Investors Government Investing 416

Lamacchia Realty

FEBRUARY 21, 2024

SELLERS, HERE'S WHAT TO DO IF A BUYER REQUESTS REPAIRS AFTER INSPECTION Selling your home and moving into a new one can be an exciting life chapter. With the guidance of your trusted REALTOR®, you can be prepared to handle anything and bring your transaction to a smooth close. So, what do you, as a seller, do in this scenario?

Inspection 69

Inspection Sellers Buyers Agents 69

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. Closing cost credits are a great tool to help buyers pay their closing costs and have more money after closing.

Sellers 61

Sellers Buyers Property Taxes Inspection 61

DW Slater Company

JUNE 2, 2021

What is another word we can use? Mortgage interest rates remain at record lows, builders are struggling to keep up as the cost of construction is at record highs and the demand for work from home space has increased as a result of the pandemic. What are appraisers to do? George Dell has a free blog and newsletter.

Appraisal 159

Appraisal Marketing Tools Real Estate 159

Appraisal Today

DECEMBER 29, 2023

To help you better understand what it means and how to pinpoint it, we’re exploring some examples the different types of functional obsolescence, and how it can influence property values. I always wonder about what appraisers from tract home areas think about Victorians. When I started appraising them, that’s what I did.

Appraisal 76

Appraisal Design Business Modernization 76

Appraisal Today

APRIL 26, 2024

What Does Arm’s Length Mean in Real Estate? You may report any other relevant information regarding the sale type in the appraisal report, including whether more than one sale type applies. Non-arms length sales include: REO, Foreclosure, short sale, court ordered sale, estate sale and relocation sale.

Appraisal 75

Appraisal Real Estate Real Estate Agent Contracts 75

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. What if there are few rural areas near you? There are relatively few residential lender appraisals available now.

Appraisal 68

Appraisal Inspection Modernization Business 68

Birmingham Appraisal

DECEMBER 19, 2023

As always, if you have any questions about what I am discussing here or about the appraisal process in general feel free to contact me. In addition to information about recent updates and renovations, you should also include the sales you used when pricing the home (your CMA). Two things can happen with this occurs.

Real Estate Agent 69

Real Estate Agent Real Estate Agents Appraisal 69

Genworth MI Blog

JULY 13, 2023

Prospective borrowers, especially first-time homebuyers, need to be ready for what they’ll encounter during the homebuying process, including home appraisals. Fees associated with the property (such as HOA or cost to build a similar home from the ground up) Appraisals are an important step to helping borrowers reach closing.

Appraisal 78

Appraisal Inspection HOA Real Estate 78

Appraisal Today

MARCH 8, 2024

Other topics include: It’s never just about resale value 55+ communities Splitting hairs to prove an adjustment To read more, including Ryan’s many comments, fun images and graphics, his Twitter X and Instagram surveys, plus 50+ comments, Click Here My comments: This is the only analysis I have ever seen about this appraisal topic and it is great!

Appraisal 81

Appraisal Contracts Real Estate Housing Market 81

GoForrmz

DECEMBER 14, 2022

Best Practices for Your End-of-Year Data Like most companies around this time of year, yours is probably thinking about what worked, what didn’t work, and what could be improved for next year. In this blog, we’ll share four ways you can use your end-of-year data to get a head start in 2023!

Business 78

Business Inventory Modernization Marketing 78

Appraisal Today

APRIL 5, 2024

Why an Organized Workfile is Your Best Defense By Craig Capilla Excerpts: We all know that the Uniform Standards of Professional Appraisal Practice (USPAP) set the baseline for what must be included in a workfile. Outdoor amenities include lap pools, lush gardens, natural ponds, an outdoor cinema and fire features.

Appraisal 76

Appraisal Contracts Business Construction 76

Genworth MI Blog

MAY 28, 2020

If you hardly originate loans for manufactured housing, you don’t really have a reason to know what strides these types of houses have made over the past couple of decades. For some, these myths still flood our thoughts when a potential borrower approaches us about a loan for a manufactured home.

Construction 148

Construction Loan Officers Training Lending 148

Cleveland Appraisal Blog

MARCH 15, 2023

In this article, we’ll explore everything you need to know about starting independent senior living, including personal care, housing options, and financial considerations. Finding a community close to family, friends, and places of interest is essential. Hello dear readers! I hope you are all doing as well.

Legal 52

Legal Transportation Appraisal Design 52

Movoto

APRIL 8, 2024

What Are Real Estate Sales Agreements? An officially accepted offer between a buyer and seller puts a home under contract, which is essentially the final stretch before real estate closing when the property is transferred to the buyer. What Should be Included in Real Estate Sales Agreements? auctions, cash sales, etc.):

Contracts 36

Contracts Real Estate Property Taxes Legal 36

Quicken Loans

NOVEMBER 9, 2021

The VA loan has a number of advantages, including some of the lowest available rates and the ability to purchase or refinance with no down payment. Before we go any further, let’s stop the record for a second and go over what a seller concession is. They also can’t include furniture in the seller concessions.

Sellers 53

Sellers Property Taxes Insurance Buyers 53

Will Springer Realtor

OCTOBER 17, 2023

There are programs established by state and local governments that provide buyers – mostly first-timers – with assistance to make a down payment or meet closing costs. Down Payment Assistance Programs About three-quarters of all recipients use this category of assistance, which includes help with the down payment and closing costs.

Buyers 63

Buyers Government Finance Mortgage 63

Lamacchia Realty

JANUARY 24, 2024

Defining Your Lifestyle and Budget Identifying your priorities and preferences is all about understanding what matters most to you. Knowing what you enjoy will also help you find a neighborhood that aligns with your lifestyle. The 30% rule can be a helpful guide – ideally, your housing costs should not exceed 30% of your income.

Transportation 61

Transportation Property Taxes HOA Real Estate 61

Dart Appraisal

APRIL 2, 2021

It is the appraiser’s job to determine the approaches and scope of work necessary for credible results and include the reporting required. The Cost Approach would not typically be performed for this property type primarily due to difficulty accurately calculating a significant degree of depreciation on a 70+-year-old building.

Appraisal 69

Appraisal Clients Retail Real Estate 69

Will Springer Realtor

APRIL 30, 2024

It’s what people want: A survey asked consumers which new technologies they were most excited about and the top choice was smart-home devices (58%). Smart sellers are leveraging this advantage to attract buyers and expedite closings, with a typical home selling for up to 5% higher than homes without the technology.

Technology 47

Technology Sellers Construction Buyers 47

Appraisal Today

NOVEMBER 24, 2023

NOTE: Please scroll down to read the other topics in this long blog post on , , VA changes, State Appraisal Board problems, gratitude for appraisers, unusual homes, mortgage origination stats, etc. == San Francisco Bay’s Red Rock Island is for Sale for $25M Excerpts: Red Rock Island is the only privately owned island in San Francisco Bay.

Appraisal 74

Appraisal Mortgage Business Contracts 74

Lamacchia Realty

OCTOBER 31, 2022

What is a 2-1 Buydown? What is a buydown? goes into an escrow account at closing. The lender ultimately takes dollars from the escrow account each month during the term of a buydown to cover the difference between the lower payments and what is due. less every month and year two, they pay $262.89 See example above.

Sellers 64

Sellers Buyers Mortgage Real Estate Agent 64

Clear Capital

SEPTEMBER 13, 2023

This is the third post in our blog series about appraisal waiver programs. But what if you could skip a traditional appraisal entirely? What is an appraisal waiver? In addition, property data collectors generate an ANSI-aligned floor plan that includes gross living area (GLA) calculations. Check out part one and part two.

Appraisal 36

Appraisal Inspection Modernization Valuation 36

Movoto

JANUARY 31, 2022

It’s time to close on your home. Here’s a complete guide to what to expect at your home closing. There’s just one step left: closing. So what is closing, exactly, and what does it consist of? Here’s a simple guide to everything you need to know about closing on your first home.

Real Estate Agent 36

Real Estate Agent Sellers Insurance Buyers 36

McKissock

OCTOBER 12, 2021

The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Based on some nearby sales, the owner is asking close to $150,000. What’s it going to take to fix it up?

Appraisal 84

Appraisal Market Value Investors Buyers 84

McKissock

APRIL 12, 2022

Past jobs guaranteed regular paychecks with tax deductions, so you knew what you could spend. Past jobs guaranteed regular paychecks with tax deductions, so you knew what you could spend. Cut your debts to zero (or close to it) if you can. Promote yourself beyond what your office provides for the company.

Real Estate 90

Real Estate Business Real Estate Agent Advertising 90

The Robert Weiler Company

JANUARY 2, 2021

What is a land contract in Ohio, really? So, what is a land contract agreement, and how does it work? What Is a Land Contract? In real estate, buyers and sellers must be knowledgeable to make informed decisions. Are you familiar with a land contract in Ohio, as well as the state-specific requirements? Multifamily housing.

Contracts 143

Contracts Tenants Legal Sellers 143

Birmingham Appraisal

AUGUST 3, 2022

It’s an appraiser’s job to mimic what a detective might do when they are researching information to help them understand the facts of a case so we tend to ask a lot of questions. One way for the appraiser to understand buyer motivation is to know exactly what factors they considered when purchasing a home.

Agents 81

Agents Appraisal Buyers Sellers 81

Birmingham Appraisal

OCTOBER 4, 2022

By now you may be wondering what types of external obsolescence there is. Some examples included: homes located in close proximity to airports, heavily traveled highways, properties near foul-smelling businesses such as paper plants, food processing plants, or even properties subject to recent zoning changes.

Appraisal 58

Appraisal Market Value Real Estate Appraisal Process 58

Genworth MI Blog

MAY 28, 2020

If you hardly originate loans for manufactured housing, you don’t really have a reason to know what strides these types of houses have made over the past couple of decades. For some, these myths still flood our thoughts when a potential borrower approaches us about a loan for a manufactured home.

Construction 78

Construction Loan Officers Training Lending 78

The Robert Weiler Company

OCTOBER 9, 2021

Are you interested in learning about land brokers – including their responsibilities, the types of transactions they specialize in, and whether this might be the right career path for you? What is a Land Broker? First and foremost, let’s discuss exactly what a land broker does. Well, you came to the right place!

Brokerage 78

Brokerage Development Real Estate Realtors 78

Will Springer Realtor

JANUARY 30, 2024

With some possessions still sitting in boxes and furniture being delivered, owners want to avoid urgent projects that may cost them tens of thousands. Inspectors will also make suggestions on how to extend the life of items by maintaining them or changing aspects to ensure owners won’t have to face an unwanted cost any sooner than possible.

Inspection 51

Inspection Buyers Real Estate Realtors 51

The Robert Weiler Company

APRIL 14, 2023

What sets a business apart from others often stems from the location where they searched for commercial real estate listings. Demographics of a Location The first question you should consider is, “What type of clientele does my business seek to attract?” Think about what type of business you have and who your target customers are.

Real Estate 78

Real Estate Business Real Estate Agent Inspection 78

Listing Spark

DECEMBER 9, 2020

One of the most common questions we get from our home sellers at ListingSpark is “How do I determine what my closing costs are”? For this article, we are going to focus on the home seller closing costs we would typically see in Texas with a residential sale (commercial sales typically have a different set of fees).

Sellers 69

Sellers HOA Insurance Contracts 69

Appraisal Today

SEPTEMBER 22, 2023

To read more, click here My comments: Now we know what NAR members think about it. What they were doing about inspectors had a wide range. They included appraisers, real estate agents, and someone with a week, a month, or online video training. I drove by the house and looked at what was nearby, etc. Not very positive.

Appraisal 85

Appraisal Training Inspection Real Estate 85

Movoto

JANUARY 29, 2024

From preparing finances to closing, the process of how to buy a house is filled with challenges and decisions. What is the first thing to do to buy a house? Make sure to set aside enough money for the down payment – at least 10 to 20% of the sales price and 2-5% of your loan amount for closing costs.

Finance 28

Finance Inspection Real Estate Real Estate Agent 28

Raleigh Realty

JANUARY 31, 2022

Surprisingly, a lot of people from Texas are making the move to the Durham area and for these folks, the city may be a tad bit more expensive though the cost of living is pretty similar. The city itself is located just west of Raleigh and north of Chapel Hill and has a population of around 275,000. Is Durham a good place to live?

Real Estate 148

Real Estate Government Best Value Technology 148