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How to Maximize Appraisal Underwriting Approvals in Rural Markets

Genworth MI Blog

Since rural markets commonly present appraisal challenges that are significantly less prevalent in urban markets, lack of underwriter familiarity with rural markets contributes to elevated first pass and overall appraisal denials. Training is accomplished by using examples of acceptable rural appraisals as training tools for underwriters.

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How to Maximize Appraisal Underwriting Approvals in Rural Markets

Genworth MI Blog

Since rural markets commonly present appraisal challenges that are significantly less prevalent in urban markets, lack of underwriter familiarity with rural markets contributes to elevated first pass and overall appraisal denials. Training is accomplished by using examples of acceptable rural appraisals as training tools for underwriters.

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Price Adjustments in Florida Rise Rapidly

Lamacchia Realty

Elevated condo association and special assessment fees present an additional financial burden for condo owners, deterring potential buyers unless the purchase price is reduced sufficiently to offset the higher ongoing monthly costs. Source Condo inventory has been rising more than single families as sales have been decreasing since 2023.

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The art (and the importance) of pricing your home to sell

Cornerstone

The good news about housing inventory recently hitting an all-time low is that this puts sellers in the driver’s seat. Even with such limited inventory, it’s likely your home will sit on the market or eventually need a price reduction (a red flag for buyers) if you don’t price it right from the start. Ready to sell? Showings are up 63.5

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