Birmingham Appraisal

FEBRUARY 20, 2024

One tool the agent uses to price the property is the Comparative Market Analysis or CMA, and by sharing this with the appraiser they can better understand what went into the agent’s pricing strategy. While agents and appraisers cannot discuss value we can talk about the property and why they may have priced it at what they did.

Agents 87

Agents Appraisal Real Estate Agent Bracketing 87

Portland Appraisal Blog

AUGUST 8, 2020

The appraisal report is not for lending: The overwhelming majority of appraisal reports are written for a lending institution due to a sale or refinance—certainly over 90% and most likely approaching 99.9%. Sometimes the report is not for lending and the effective date of value is not contemporary but is a point in the past.

Appraisal 78

Appraisal Bracketing Lending Agents 78

Lamacchia Realty

MARCH 12, 2024

Due to rising rates and home prices that have continued to influence consumer spending, 2023 saw the lowest inventory in recorded history, and in 2024, sellers are still hesitant to enter the market. They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Real estate is a long game.

Buyers 67

Buyers Inspection Sellers Real Estate 67

Clear Capital

NOVEMBER 14, 2022

Delays in responding to revision requests can have a serious impact on all lending parties during the review process. In a volatile market where interest rates are constantly changing, an appraised value can sometimes trigger a renegotiation. When this happens, buyers have to build it into the process to avoid deal expirations.

Appraisal 69

Appraisal Lending Bracketing Appraisal Process 69

Appraisal Today

APRIL 14, 2023

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Appraisers sought to bracket the subject using three comparable sales. I am never asked sign one of these agreements in my non-lender work.

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

Lamacchia Realty

JANUARY 10, 2022

The housing market around the Greater Boston area is enduring a market climate never seen before as a result of the COVID-19 pandemic. In this ultra-competitive market, buyers need to do all they can to make the strongest offer when the right house becomes available.

Sellers 71

Sellers Buyers Inspection Bracketing 71

Lamacchia Realty

FEBRUARY 22, 2023

2022 started with low inventory and high competition as predicted , but by April rates began their ascent and the market began its shift. Since then, as rates and inflation have continued to influence consumer sentiment and spending, inventory has remained low as sellers hesitate to dive into the market. Real estate is a long game.

Buyers 41

Buyers Sellers Inspection Bracketing 41

Housing Wire

MAY 19, 2021

MSRs are booked as a balance sheet asset when loans are sold into the secondary market and show as book earnings at that time. I will focus here on the tax elements of the two proposals that would directly affect real estate markets. First, the minimum book tax has the same potential to disrupt the MSR market as the proposal in 2017.

Housing Market 491

Housing Market Marketing Real Estate Government 491

Portland Appraisal Blog

APRIL 14, 2019

All the work getting the property ready for listing, the extensive marketing, the numerous showings, the sometimes tedious offer evaluations has paid off. The purpose of this blog post is to lend some insight into what an agent should do and not do during the third stage. 4) Depression—that idiot appraiser killed my deal.

Appraisal 78

Appraisal Reconsideration of Value Agents Market Value 78

Clear Capital

DECEMBER 21, 2022

Due to emerging shifts in the mortgage loan market, there is a heightened sense of urgency to review the conventional loan appraisal guidelines. . By bracketing the salient features of the house in the appraisal report, appraisers sometimes overlook the proximity and location factors. Location, location, location. 1 is location, No.

Appraisal 69

Appraisal Bracketing Clients Market Value 69

Housing Wire

NOVEMBER 17, 2021

That is a far more aggressive standard than most private market capital cushions respectively. Just look at HUD’s own data on FHA lending: 1. Compare this to the much larger private market of the GSEs, VA and more where their role is 6% and 10% respectively. 84.61% of FHA loans are to first-time homebuyers.

Insurance 397

Insurance Mortgage Bracketing Government 397