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Fractional home-equity lender Point raises $115 million 

Housing Wire

The venture capital investment is in addition to $1 billion in separate capital commitments from investors that Point has lined up to help fund what it calls home-equity investment (HEI) contracts. “We Homeowners, in turn, get to cash out a slice of their home equity with no payments due until the contract matures.

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Pennymac launches two MSR-backed private offerings

Housing Wire

The MSR market has been on a bit of a tear since the start of the year, with values rising rapidly and creating opportunities for many lenders to bolster their balance sheets. The five-year notes bear an interest rate of 4.19% above the 30-day average Secured Overnight Financing Rate, or SOFR, according to the SEC document.

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Purchasing & Developing Land - Part 5 - Reselling It - Raw or Developed

Eppraisal

Having a detailed survey prepared demonstrates a desire to deal honestly with buyers. Setting an asking price is complicated since too high a request can put prospective buyers off while lowballing the price may short the seller of receiving a fair exchange of value. A good lawyer will see them coming.

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Non-Arms Length Sales for Appraisers

Appraisal Today

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

Eminent domain or the power of the government to take private property for a public use without the landowner’s consent is embedded in the Fifth Amendment to the U.S. Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding.

Appraisal 309
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Say What? Home-Buying Lingo You Should Know

Zillow

Buyers market : Market conditions that exist when homes for sale outnumber buyers. Homes sit on the market a long time, and prices drop. Cancellation of escrow : A situation in which a buyer backs out of a home purchase. Capacity : The amount of money a home buyer can afford to borrow.

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How to spot a bad appraiser.

Town & Country Residential Appraisals

If you feel that an appraiser has artificially inflated a market value opinion, report this behavior to the PA Appraiser Board here. They always come in at exactly the contract price. If agents have done their job, then the contract price should be close to the market value.