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As title insurance volume shrinks, workers take on more tasks

Housing Wire

However, 67% of respondents are over the age of 45, with the largest age brackets being 45-54 and 55-64 at 28% each. The second largest age bracket was 35-44 at 19%. However, as the market has slowed, PropLogix believe the percentage of title agents feeling that generating new business is their greatest challenge has increased.

Insurance 380
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Want to price your property like a professional home appraiser?

Premier Home Appraisal Blog

Let our experienced certified Virginia appraisal experts be the premier source of home appraisal knowledge for your market. Matt and his team have been invited to host an information-packed interactive training session that brings the nuts and bolts of residential property appraisal right to your fingertips. We can help!

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How to Maximize Appraisal Underwriting Approvals in Rural Markets

Genworth MI Blog

Among other things, the act established a Duty to Serve obligation for Freddie Mac and Fannie Mae , which includes a focus on rural markets, manufactured housing and affordable housing preservation. Rural markets are commonly characterized by: Low population density. Training is a primary vehicle to deliver this success.

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How to Maximize Appraisal Underwriting Approvals in Rural Markets

Genworth MI Blog

Among other things, the act established a Duty to Serve obligation for Freddie Mac and Fannie Mae , which includes a focus on rural markets, manufactured housing and affordable housing preservation. Rural markets are commonly characterized by: Low population density. Training is a primary vehicle to deliver this success.

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Appraisal Quality Tip: Location matters — The key to choosing comparable properties

Clear Capital

Lenders have access to alternate sales and often inquire about neighborhood sales as they need to understand the marketability of the subject, in its current location. can vary in market reaction. This approach captures location and provides bracketing for features.

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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

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. Like an appraisal, it is important that the CMA reflects the latest and most accurate market data.

Agents 89
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ANSI Z765: Finally Required After 26 Years

McKissock

Another is to bracket the square footage and use at least one larger and one smaller comparable to help compensate. It’s a great checks-and-balance tool in a runaway sellers’ market like we are currently experiencing. Already, appraisal-oriented schools and professional organizations are offering ANSI Z765 training.