Appraisal Today

DECEMBER 29, 2023

To ensure accurate reports, it’s essential you stay up to date and aware of market trends, and even code and building updates, as these changes over time do determine both curable and incurable obsolescence. Buyers are likely to see this as a flaw in the floor plan regardless of trends. Making adjustments can be tough.

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Appraisal Today

APRIL 19, 2024

This is, by far, the best writing I have seen on bias related to appraisals. For a long time, since AI dropped out of the Appraisal Foundation, I have said, “I am a 35-year member of AI. As Chance acknowledges, the Institute should have done more to advocate for appraisers and make the public aware of their professionalism.

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Raleigh Realty

DECEMBER 23, 2021

Did you know Raleigh was recently ranked as the 1 best city for quality of life in the United States by Numbeo, and the second-best city for quality of life in the world? - Raleigh is a city, and it's a small town, at the same time. Raleigh is a city where people know your face and that's all they need to know.

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Birmingham Appraisal

AUGUST 23, 2023

Please keep in mind that I am not talking about the appraiser and agent discussing and collaborating on the value of a property but rather the steps involved in the home-buying process. How Can Appraisers and Agents Work Together? In the often chaotic world of real estate, the appraiser-agent relationship can contribute to a smoother process.

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Agents Appraisal Valuation Appraisal Process 82

Quicken Loans

JUNE 17, 2021

Did you know that paying cash rather than getting a mortgage could help you win a bidding war when buying a new home? The good news is you can get the best of both worlds with delayed financing, a cash-out refinance option for recent cash buyers. Why Take On Debt When Your House Is Paid Off? What Is Delayed Financing?

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Appraisal Today

DECEMBER 8, 2023

One of the best I have read. NOTE: Please scroll down to read the other topics in this long blog post on Non-lender appraisals, dealing with lender hassles, real estate market, unusual homes, mortgage origination stats, etc. = $36M Beachfront Beauty on Maui Hawaii Excerpts: What exactly makes this oceanside manse on Maui so desirable?

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Appraisal Today

JANUARY 19, 2024

” I use the phrase sometimes ;> It’s one of the few times appraisers are in movies or TV series! ” I use the phrase sometimes ;> It’s one of the few times appraisers are in movies or TV series! The Sopranos – Lupertazzi’s Rough Up Appraiser To watch, click the video above. Opens in You Tube.

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Appraisal Today

JULY 1, 2023

NOTE: Please scroll down to read the other topics in this long blog post on new online Fannie forms, highest and best use, real estate market, unusual homes, mortgage origination stats, etc. Excerpts: Can’t decide which room in this La Mesa, CA, house has the best view? Here’s what they said. Network to build relationships.

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Quicken Loans

MAY 12, 2021

There are a lot of things to consider when you’re getting ready to buy a house. In some cases, having only one spouse on the mortgage might be the best option. If you’re looking to get a mortgage without your spouse, or if you’re just wondering why in the world someone would do this, we’ve got a few answers.

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Mortgage Law Business Legal 68

Quicken Loans

NOVEMBER 10, 2021

This article will discuss factors that can impact your credit and explain why your credit score seemingly dropped for no reason. This article will discuss factors that can impact your credit and explain why your credit score seemingly dropped for no reason. Why Your Credit Score Matters. Your Credit Utilization Has Changed.

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Lamacchia Realty

OCTOBER 25, 2023

Furthermore, potential sellers with covid-era mortgage rates of around 3% aren’t actually listing because it means they’d have to give up that historic rate and trade it in for one that is two to three times higher. The lack of inventory has prevented prices from falling so buyers are dealing with both rising prices and higher rates.

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McKissock

JANUARY 6, 2023

Why not make a different “New Year, New You” resolution? Our opportunity is time—it’s time to take stock of where we are and perhaps consider diversification or an alternative appraisal career. It is not unusual for these entities to have a variety of positions available at any given time.

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Appraisal Today

AUGUST 5, 2022

To read the full blog post, click here. The summary and Circular are in the blog post. My comments : The big push to cut down on appraisal turn times because of the appraisal shortage is Very Old News since mortgage volume has plummeted. I always recommend VA as the best lender client for appraisers.

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Listing Spark

DECEMBER 2, 2022

Depending on your situation, selling as-is may or may not be the best option for you. In this blog post, we’ll go over the pros and cons of selling as-is in Texas. Selling a house “as-is” in Texas, means the buyer agrees to buy the home in its current condition. We’ll discuss these throughout this blog post.

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Appraisal Today

AUGUST 19, 2022

When you can’t meet a requirement, include a comment that explains why not.”. When you can’t meet a requirement, include a comment that explains why not.”. To read more of this long blog post with many topics, click Read More Below!! What to Do When Your Appraisal Is Under Review. Look out for these common points of contention.

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Appraisal Today

NOVEMBER 10, 2022

To read more of this long blog post with many topics, click Read More Below!! To read more of this long blog post with many topics, click Read More Below!! Why it’s here: Live among Hollywood’s elite in this sprawling spread owned by former Disney CEO Michael Eisner. To read more, click here. Nothing new, but good reminders.

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Birmingham Appraisal

JULY 7, 2022

Prior to the interest rate change, buyers could afford to buy a higher-priced home with a lower payment, however, with interest rates increasing as well as monthly mortgage payments more buyers have discovered they can not afford the payments necessary to purchase a home in today’s super inflated market.

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Housing Wire

APRIL 8, 2022

Home prices are skyrocketing, housing inventory is at all-time lows and homebuyers have to contend with multiple bids. In time, markets always find balance and balance is a good thing. We have to take everything one day at a time and add new variables when appropriate. Can this last? No, it can’t.

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Appraisal Today

JUNE 17, 2022

Unfortunately, the well was actually located on an adjacent lot that, at one time, was part of the subject lot prior to the lots being subdivided. Unfortunately, the well was actually located on an adjacent lot that, at one time, was part of the subject lot prior to the lots being subdivided. Nearby, I noticed a large water tank.

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Appraisal Today

JULY 21, 2023

The value of a pool for Homes? July 18, 2023 By Ryan Lundquist Excerpts: Some areas have more pools than others Real estate is about location. That’s what we always hear. And, it’s true. Homes in different locations and price points tend to have different amenities, and that includes pools. Ultimately, let’s look to the comps for the answers.

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Lamacchia Realty

JULY 29, 2022

Summer is the best time of the year to conduct a house inventory and spend quality time with loved ones. On the other hand, summer is also an excellent time to get started on projects around your Florida home that will add value to your property on top of improving its overall appeal. 1 Invest in new windows.

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Home Improvement Renovations Investing Buyers 41

Appraisal Today

JULY 28, 2023

We need to step back for a moment and carefully analyze and consider why that was done, and what it means to appraisers. I have subscribed to his emails for a long time. Here is the Link to the Bulletin. In many ways, appraisers forget the purpose of the appraisal assignment – which is to value real estate. Thanks to Dave Towne!

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Appraisal Today

OCTOBER 7, 2022

Appraisers are significantly more likely than other members to say that the most competent are not being selected most of the time (22 percent vs. nine percent) or at all (16 percent vs. six percent) and much less likely to say they are being selected most of the time (12 percent vs. 23 percent). While agents can “puff” we cannot!

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Appraisal Contracts Architecture Housing Market 52

Lamacchia Realty

AUGUST 3, 2021

Why is 2021 different than other years? As you can see in the graph below, June is typically when we see the first peak in price adjustments, with the largest number generally occurring in the fall. This year, however, there was no peak in June due to the season starting so incredibly late.

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Bracketing Sellers Buyers Inventory 69

Quicken Loans

JULY 6, 2021

If you’re an agent who consistently closes 25 or more deals a year, the time might be right to enlist an assistant to handle tasks such as marketing, delivering signs, scheduling appointments and handling paperwork, which can free up your time to focus on client service and new business development.

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Quicken Loans

JUNE 3, 2021

iBuyers are real estate companies that buy and sell properties through technology. These companies pride themselves on offering convenient, seamless transactions that improve consumers’ experiences buying and selling homes. Real estate professionals are painfully aware of the fact that technology is disrupting the industry.

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Lamacchia Realty

JUNE 21, 2022

In early March it was becoming clear that the market was changing from a frenzied post-pandemic scene to one where rising mortgage rates would slow it down and help inventory finally rise back up. For the past few years, with inventory at historically low levels , sellers were coming pretty close to naming their price and buyers were paying.

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Will Springer Realtor

MARCH 7, 2023

That’s why it can be difficult to stomach the notification card that can arrive in the mail around this time of year informing property owners of their 2023 tax obligations. Nobody likes surprises, especially when they involve your money. And they can always appeal the amount. 31 – or face a late fee. 31 – or face a late fee.

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Property Taxes Market Value Real Estate Government 36

Appraisal Today

JANUARY 20, 2023

Top Ten Reasons Why It Is Great to be an Appraiser! To read more of this long blog post with many topics, click Read More Below!! To read more of this long blog post with many topics, click Read More Below!! Dazzle your friends with your knowledge of external obsolescence. The wonderful world of rats, bats, and spiders.

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Appraisal Contracts Sellers Business 52

Cleveland Appraisal Blog

MAY 13, 2021

Let’s talk about some possible reasons why. The time when the bathroom plumbing failed which ultimately turned into a new bathroom being installed. When one appears, you can be sure that images of one will appear on social media, as people share their beauty with others. Rainbows are artwork in the sky. How do rainbows work?

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Market Value Contracts Appraisal Buyers 298

Appraisal Today

JANUARY 26, 2024

NOTE: Please scroll down to read the other topics in this long blog post on forecasts for mortgage rates, a look back at the 80s a very similar mortgage market, appraising in a changing market, unusual homes, mortgage origination stats, etc. == A Redesigned $48.5M Lender B engaged me to perform a new appraisal assignment on the same property.

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Contracts Appraisal Mortgage Inspection 83

The Robert Weiler Company

APRIL 20, 2021

Unfortunately, reality television shows aren’t the best platform for learning how to value a small business (or a company of any size). That’s why we surveyed our business valuation experts, captured the 12 most frequently asked questions, and provided answers that can offer the guidance you need.

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Lamacchia Realty

NOVEMBER 14, 2022

IF YOU WAIT UNTIL SPRING TO BUY, YOU'LL PAY MORE! The Fall of 2022 looks different than the past few years with mortgage rates higher than they’ve been in years, prices still high, and inventory, which has been at historical lows since the summer of 2020 , beginning to increase. There is nothing wrong with that house! Now is better.

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Buyers Tenants Inventory Marketing 72

Appraisal Today

JANUARY 12, 2024

FHFA Report: Underutilization of Appraisal Time Adjustments Published: 1/8/2024 Excerpts: Fannie Mae, Freddie Mac, and Federal Housing Administration appraisal guidelines require such adjustments whenever market conditions have been changing. monthly house price indexes for ZIP codes are used to walk forward the comparable sales amounts.

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Lamacchia Realty

MARCH 26, 2024

In-migration to Florida was at an all time high as a result, but now that work-from-work is becoming the norm once again, those second homes are more a financial burden than an escape. Not to mention higher interest rates. Many people during the pandemic moved to Florida when working from anywhere was prevalent.

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Bracketing HOA Sellers Buyers 62

The Robert Weiler Company

SEPTEMBER 19, 2022

The importance of a fully modern open space preservation vehicle – a conservation easement in Ohio – cannot be better summarized than by our 26th President. Theodore Roosevelt, one of the nation’s original land protectionists, embodied the power and beauty of a conservation easement in the following quote: “Here is your country.

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Appraisal Today

OCTOBER 14, 2022

Appraisers and AMCs spend less time and have fewer hassles. 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 unusual homes, mortgage origination stats, etc. Appraisal Risk, Reviews, and Revisions. By Ken Dicks.

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