Housing Wire

MARCH 1, 2023

That’s the takeaway from a recent market report by the Amherst Group , a real estate investment firm based in Austin, Texas. That’s the takeaway from a recent market report by the Amherst Group , a real estate investment firm based in Austin, Texas. to 4.75% range, up from 0.25% a year ago.

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Marketing Investing Mortgage Investors 381

Premier Home Appraisal Blog

MAY 30, 2023

PMI is typically required when you put down less than 20% on the purchase of a home, but once you reach the equity threshold of 20%, you may be eligible for PMI removal. By getting a PMI removal appraisal and showing that your home has increased in value, you can show that you have the required equity to SAVE MONEY! monthly, for PMI.

Appraisal 98

Appraisal Home Value Appraisal Process Insurance 98

Appraiserblogs

SEPTEMBER 13, 2021

What we got, was 30+ years of complaints from the lenders and politicians who blamed appraisers for all of the lenders and political wrong doings… I retired 2 months ago, and I am SO GLAD I did. Amrock is requiring all appraisers on their panel to complete a diversity, equity… Dear AMC, Goodbye. I’ve had enough.

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Law Training Appraisal Valuation 102

Chicagoland Appraisal Blog

JANUARY 21, 2020

Chicagoland Appraisals had the privilege to be featured on Redfin amongst other top appraisal companies across America to give the best way to build home equity in America. Building home equity is one of the many financial benefits to homeownership, but sometimes it’s hard to know where to start. A saltwater pool?

Real Estate 78

Real Estate Appraisal Home Value Real Estate Agent 78

McKissock

OCTOBER 12, 2021

” Maybe a couple new terms should be discussed: “ sweat equity incentive” and “sweat equity profit.” ” Maybe a couple new terms should be discussed: “ sweat equity incentive” and “sweat equity profit.” What’s it going to take to fix it up?

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Appraisal Market Value Investors Buyers 84

Appraisal Today

DECEMBER 8, 2023

We can fairly easily observe the comparable which is the most physically similar, but what about the one that is the most transactionally similar? OK to average adjusted comps on appraisal? Fannie Mae is referenced as the source of this prohibition, although no such prohibition explicitly exists according to Fannie Mae’s Selling Guide.

Appraisal 67

Appraisal Real Estate Contracts Design 67

The Robert Weiler Company

DECEMBER 8, 2022

While the major news headlines speak of an impending recession, commercial real estate investors continue looking for market stability and profitability. And according to industry experts (and some of our own in our blog post on warehouses for rent ), warehouse spaces will continue to grow for years to come.

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Real Estate Investing Supply Chain Tenants 78

Appraisal Partners Blog

FEBRUARY 4, 2020

How to Build Equity in Your Home. Building home equity is one of the many financial benefits to homeownership, but sometimes it’s hard to know where to start. Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity.

Real Estate 60

Real Estate Appraisal Home Value Real Estate Agent 60

Birmingham Appraisal

DECEMBER 7, 2022

This has put a damper on the real estate market by taking many buyers out of the equation because they cannot afford the higher mortgage payments brought on by the increase in rates. So what can we do about it? It is usually required when you have less than 20% equity in your home. Over the past 2.5

Property Taxes 86

Property Taxes Appraisal Tools Insurance 86

Raleigh Realty

FEBRUARY 19, 2022

Appraisals 101: What to Expect From the Home Appraisal Process Wondering what to expect from your home appraisal? Here's what you need to know about home appraisals so that you come prepared. Here's what you need to know about home appraisals so that you come prepared. What is a Home Appraisal? We have you covered.

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Appraisal Process Appraisal Construction Sellers 139

AmeriMac

SEPTEMBER 15, 2023

The appraisal process is an essential part of real estate transactions. But what happens when the appraised value comes in lower than expected? This blog will discuss everything you need to know about maximizing your effectiveness in challenging a low appraisal. This is where rebuttal appraisal comes in.

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Appraisal Appraisal Process Real Estate Real Estate Agent 36

Birmingham Appraisal

SEPTEMBER 15, 2022

What New Homebuyers Need To Know About Appraisals. While most people will not require an appraisal very often it is good to know what an appraisal is and how the process works. What is a Mortgage Appraisal? Banks never want to be upside down in a loan meaning that they do not want to loan out more than what the home is worth.

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Appraisal Inspection Appraisal Process Real Estate Agent 90

AmeriMac

APRIL 15, 2024

In this blog, we will explore the ins and outs of home appraisals, including their importance, how they affect mortgage loans and home equity, and the step-by-step process of ordering a home appraisal quickly. When it comes to buying, selling, or refinancing a home, one important step in the process is getting a home appraisal.

Appraisal 36

Appraisal Appraisal Process Real Estate Renovations 36

Appraisal Today

JUNE 23, 2023

NOTE: Please scroll down to read the other topics in this long blog post on AVMs and AI, good appraisal book, Real estate market, Fannie, non-lender appraisals, unusual homes, mortgage origination stats, etc. He designed the estate, completed in 2000, from the ground up. Well written, short, and worth reading.

Appraisal 87

Appraisal Real Estate Valuation Contracts 87

Appraisal Today

JUNE 9, 2023

Reliability of data You need to consider: What is this data telling me? To read more, click here My comments: The blog post has a link to Quality Ratings. I’m just fascinated with how I see pickleball fitting into real estate. The sport has been mentioned nearly 900 times in real estate listings through the years.

Appraisal 52

Appraisal Advertising Real Estate Contracts 52

McKissock

FEBRUARY 2, 2021

Real estate appraisers are reportedly 25% more satisfied in their careers, on average, compared to American workers across all professions. Last month we asked our real estate appraisal community, “What do you enjoy MOST about being an appraiser?” What do you enjoy MOST about being an appraiser?

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Appraisal Real Estate Architecture Business 80

Cornerstone

MARCH 12, 2021

But, of course, this year has been anything but typical, for our country and for real estate. Addressing today’s biggest questions in your real estate marketing plan also serves another purpose: You can help guide your clients through a competitive market, demonstrating your value and supporting a successful year ahead.

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Clients Sellers Loan Officers Real Estate 62

Cornerstone

FEBRUARY 15, 2022

There were analysts who expressed concern that once forbearance plans expired, the real estate market could see a foreclosure surge, similar to what followed the housing bubble 15 years prior. There’s more than enough equity for most homeowners to sell. Reading Time: 4 minutes. This time, fewer homeowners need assistance.

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Loan Officers Housing Market Inventory Mortgage 59

Appraisal Today

APRIL 14, 2023

Maybe a couple new terms should be discussed: “sweat equity incentive” and “sweat equity profit.” Most of my appraisals are for estates, and fixers are relatively common. To read more of this long blog post with many topics, click Read More Below!! In my MLS “contractor special” is often used.

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

Movoto

FEBRUARY 23, 2024

Outside of buying a home , there is another viable way an individual or couple can obtain ownership of real estate known as rent to own. What Does Rent to Own Mean? Part of your rent goes towards a down payment, building some equity as you live in the space. The Caveat: What is the Main Reason to Avoid Renting to Own?

Contracts 36

Contracts Finance Real Estate Legal 36

Cleveland Appraisal Blog

MAY 27, 2021

While it may seem like many buyers don’t care about what the market value of a home is, I think that we must be careful to not make that assumption. Some savvy buyers have done their homework and know what competing homes are selling for in the neighborhood. The buyers paid cash. MULTIPLE BIDS.

Market Value 418

Market Value Appraisal Buyers Marketing 418

Movoto

MARCH 29, 2024

Establishing a relationship with real estate agents is one way to stay ahead of the competition. For those who already own property, a home equity line of credit can be an ideal way to get started in buying a home to rent out. What is the 2% Rule for Investment Property? Collaborate with handy people.

Tenants 36

Tenants Landlords Investing Renovations 36

Cornerstone

NOVEMBER 12, 2021

Upwork stated: “The number of remote workers in the next five years is expected to be nearly double what it was before COVID-19. This chart illustrates the findings, comparing pre-pandemic and forecasted numbers: So, what does this mean for you if you’re a homeowner? But the latest headlines now show: Remote work is the new normal.

Loan Officers 44

Loan Officers Real Estate Mortgage Technology 44

Cornerstone

JANUARY 7, 2022

What lies ahead? Here’s what you can expect for 2022, according to the experts: 1. This doesn’t even take into account the $56,700 in equity the average homeowner has recently gained. Now it’s 2022, and both homebuyers and sellers have questions. Will more houses become available? Will prices continue increasing? Fly the coop.

Housing Market 52

Housing Market Marketing Sellers Inventory 52

Cornerstone

MAY 4, 2021

It’s true that some repairs may be needed, but it’s a smart move to consult with a real estate agent to find out which improvements are important — and which might not make a difference to prospective buyers. Are you better off selling or cashing out on your rising equity to pay for bigger renovations? Find out now.

Renovations 41

Renovations Home Improvement Loan Officers Real Estate Agent 41

Quicken Loans

JUNE 17, 2021

What Is Delayed Financing? What if you invested that money? What if you had major renovations for your new home in mind? You may even be able to negotiate a lower price on the home if you’re paying cash. After all, cash in hand is a sure thing, and a mortgage approval isn’t always guaranteed. Low Interest Rates. Build Credit.

Finance 68

Finance Buyers Real Estate Investing 68

Appraisal Today

NOVEMBER 4, 2022

My comments: Read this blog post with practical tips from practicing appraisers. But, McKissock’s blog posts are short, well written, and popular with readers, so I include them regularly. Practical real estate appraisal writing tips for AMC questions. Appraisers Share Their Best Tips for Working with AMCs. By McKissock.

Reconsideration of Value 52

Reconsideration of Value Appraisal Inspection Advertising 52

Appraisal Today

JANUARY 20, 2023

Chance to really irritate annoying real estate salespeople. 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.

Appraisal 52

Appraisal Contracts Sellers Business 52

Cornerstone

JULY 1, 2021

Continued home price appreciation is also strengthening the market and giving summertime sellers the chance to cash in on all-time-high levels of home equity. What really sticks out about this summer is a lack of seller competition. Reading Time: 3 minutes. Download the infographic here. Short supply supports listing sooner.

Sellers 61

Sellers Buyers Real Estate Agent Inventory 61

Quicken Loans

NOVEMBER 18, 2021

What Is A 3% Down Conventional Loan (Conventional 97 Loan)? The new mortgage payment includes principal, interest, monthly real estate taxes, monthly homeowner’s insurance, mortgage insurance, and HOA dues if applicable. These loans are for most borrowers – you don’t have to be in a specific income category or region.

Insurance 64

Insurance Buyers HOA Mortgage 64

Quicken Loans

JULY 15, 2021

If you’ve determined that this is your best course of action, we’re here to let you know what to expect. What Happens To Your Property When You File For Bankruptcy? Find more about what your state allows here to compare it to the federal exemptions outlined below. Not sure which one is right for you? Chapter 7 Bankruptcy.

Tools 66

Tools Finance Agents Mortgage 66

The Robert Weiler Company

JULY 18, 2021

With the warmth of the summer season on everybody’s mind, it’s natural for investors, especially those in commercial real estate, to divert their attention to new opportunities. This realization is as true for commercial real estate investors as it is for residential property holders. encourages further degradation.

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Real Estate Investing Investors Renovations 148

Hood Homes Blog

MAY 2, 2018

Be frugal and be very deliberate about what you spend money on early. Call it “Zillow Derangement Syndrome” If you aren’t plugged into the real estate scene, go find your closest Realtor friend and just say “I love Zillow” Then I recommend running away very quickly. The client comes first.

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Realtors Advertising Agents Real Estate 36

Appraisal Today

APRIL 12, 2024

Home equity lines of credit (HELOCs): When homeowners apply for HELOCs, lenders may request desktop appraisals to ascertain the property’s value and determine the credit limit without requiring a full appraisal. I have done drivebys for estate appraisals when the home had been sold and I had no access. baths, 14,450 sq.ft.,

Appraisal 78

Appraisal Construction Contracts Architecture 78

Quicken Loans

APRIL 12, 2021

Before you purchase a foreclosed home, it’s important to understand what foreclosure is, why people enter into foreclosure and what to consider when buying a foreclosed home. What Is Foreclosure? It can be hard to pass up a good deal, especially when it’s on a large purchase like a home.

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Inspection Property Taxes Mortgage Investors 54

Movoto

MAY 15, 2024

One of the perks of purchasing a home is a special lending scenario known as a home equity loan , which becomes available to homeowners once enough money has been invested in the principle of a mortgage. The key to effectively using an equity loan on a house is first understanding home equity loans.

Renovations 36

Renovations Finance Lending Real Estate 36

Quicken Loans

NOVEMBER 22, 2021

based on factors like your down payment or equity amount, your service status and whether this is a first or subsequent use of a VA loan. What Are The Benefits Of VA Loans For Disabled Veterans? Disclaimer: Beginning January 1, 2020, the VA funding fee will be changing to a range of 1.4% – 3.6% More on that below.

Property Taxes 60

Property Taxes Sellers Finance Insurance 60