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Title Talk with Rachel Luna

Housing Wire

I like that title has a legal aspect to it, but I also like that we are able to talk to people and get to know them a bit through their transaction. But I like that there is a balance between legal stuff and people. Luna: I definitely stumbled into it. I was originally interested in doing journalism or law.

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Real Estate Risk Management: Putting Clients’ Interests First

McKissock

Real estate agents are commonly sued for breaching their duty to act in the best interests of their client. To protect your clients’ interests, and reduce your own risk exposure, check out our highly-rated course, Know the Code: Your Guide to the Code of Ethics. Real estate risk management is an important concern for agents.

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Commercial Real Estate Appraisal Review: Essential Handbook to a Necessary and Influential 2nd Opinion

The Robert Weiler Company

The obligation to the client isn’t met. The physical, legal, or economic descriptions of the property are in question. An appraisal review is a second opinion or added insurance for the transaction to ensure the purchase price history, comps, adjustments, and disclaimers are accurate. A public project is being conducted.

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Appraiser Liability Risks

Appraisal Today

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. Why you need this book Have you ever had to appraise a home with “no comps”? A home modified for handicapped access?

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New Year, New You: Transforming Your Appraisal Career in 2023

McKissock

Aside from that, there are also private mortgage insurance (PMI) providers, like Radian, MGIC, or Genworth that may have open appraisal-related jobs. A variety of clients could engage you, such as taxpayers, agents representing taxpayers, legal and financial advisors, and hearing boards.

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. There is administrative time involved, as well as legal factors. And if you work in real estate, be prepared to serve clients in all stations of life. First, the burden on borrowers. They start the row.

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Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

And so, because of that, we had to make our agents independent contractors and terminate their pension plan and health insurance.”. Nary an eye was blinked – much less legal action was taken – over these brokerage’s business moves. Alipour recalled one quarter last year where she wrote 21 offers on behalf of clients.

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