Housing Wire

MARCH 24, 2021

billion in the wholesale channel in 2020 (compared to about $62 billion in retail), lost roughly 5% of its broker clients to UWM, according to company executives. Then you might as well just go work for UWM retail. “My business is not designed to make my competitors like me, especially retail competitors,” he said.

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Appraisal Today

JULY 28, 2023

bath 4,000sqft 0.35acre lot, Pending sale This futuristic home is new construction that took years to design and build made of steel frame construction cantilevering in what seems to be thin air. The centerpoint of the home’s attraction is the over- the- top contemporary design unlike anything seen in the region. What’s changing?

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Appraisal Today

MAY 19, 2023

. = The Most Expensive Home in South Carolina’s History Hits the Market for $22M Located in Simpsonville, SC, the 16,000-square-foot home sits on a sprawling 54 acres designed for the horse lover. Built in 2014, the six-bedroom estate was designed to resemble an English manor. and Conditionality. I learned a lot.

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Appraisal Business Contracts Real Estate 52

Housing Wire

JANUARY 28, 2021

HousingWire’s virtual demo days are designed specifically to help mortgage industry decision makers identify the technology solutions they need to operate efficiently and securely. billion in 2018 and at one point had a retail operation. Mortgage Tech Demo Day. It’s a phenomenal rise for a lender that originated just $10.6 a share.

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Appraisal Today

DECEMBER 8, 2023

bath home was designed by local architect Rich Young. The first question to talk about is this: “Does the real estate appraiser have any ethical, moral, or legal responsibility to protect the consumer/mortgagor2, 3, 4 when appraising a property for a mortgagee/client?”… With only one owner, the.47-acre percent from 6.59

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Appraisal Today

APRIL 14, 2023

Similar to homes with biophilic design, water and surrounding nature can make us happier and help our overall well-being by encouraging us to spend time outdoors. Browse the following resources designed to help you avoid common appraisal errors and violations. Here are two: 1. 25 Common Errors in Appraisal Reports 2. percent from 5.61

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Appraisal Today

APRIL 19, 2024

“There are a lot of shingle-style homes here that are iconic, but this one’s distinctive design stands out and is completely different.” Designed for the outdoor enthusiast, the 5,200-square-foot property has five bedrooms and direct access to hiking and mountain biking trails. Private Money Lending – fast turn times, high fees.

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Appraisal Today

MARCH 31, 2023

But how do you contact potential clients and referral sources? Another student reported that in 2010 (after HVCC was void) a lender client told an appraiser they could not order appraisals directly with appraisers anymore…that they must use a third party. Then forward that answer on to the client/AMC. This is nothing new.

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Appraisal Today

MAY 10, 2024

I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. And if you work in real estate, be prepared to serve clients in all stations of life. In more recent downturns, such as during the 2008 recession, many foreclosures were due to bad lending.

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Appraisal Today

JANUARY 5, 2024

I suppose it is because most appraisals are done (now) for residential lending purposes. – Work on getting a more positive attitude toward your clients, fees, etc. Pick one client to start with. retail residential mortgage applications, and has been conducted weekly since 1990. Set the date(s). percent from 6.26

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Appraisal Today

NOVEMBER 4, 2022

It can help you get more business from AMCs (and other lender clients). I keep my advertising clients and this newsletter’s content separate. Architect James Kluttz designed the place for himself and his family in 1987. Communicating with non-lender clients: Very, very different from lenders!! The three-bedroom, 5.5

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Reconsideration of Value Appraisal Inspection Advertising 52

The Robert Weiler Company

OCTOBER 21, 2022

The information that arises helps enlighten those who own, manage, sell, lend money, or invest in commercial real estate property. Some go one step further and fulfill strenuous education and experience requirements to become designated members of the Appraisal Institute. Question 3: What is a commercial appraisal used for?

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Appraisal Today

NOVEMBER 10, 2022

Located on approximately 5 acres overlooking the Pacific Ocean, this spectacular 25,025-square-foot megamansion was designed by architect Robert A.M. It is not necessary for one or more of the comparable sales to be of the same design and appeal as the property you are appraising. Dig deep for comparables. 3, 2022 By Jamie Owen.

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AmeriMac

FEBRUARY 28, 2022

No buyer wants to significantly overpay for a piece of property and no financial institution wants to lend them the money in order to do so. They’ll look for several homes that have recently sold that have similar designs, features and square footage. What Are Commercial Appraisal Services? What Are Commercial Appraisal Services?

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AmeriMac

FEBRUARY 28, 2022

No buyer wants to significantly overpay for a piece of property and no financial institution wants to lend them the money in order to do so. They’ll look for several homes that have recently sold that have similar designs, features and square footage. What Are Commercial Appraisal Services? What Are Commercial Appraisal Services?

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Appraisal Real Estate Sellers Buyers 36

Appraisal Today

FEBRUARY 17, 2023

To read more click here My comment : Take a break and scroll down the list to see some great photos! == Staff Layoffs at AMCs By Dave Towne Excerpts: Appraisers, it’s not ‘just us’ who have taken the slowdown in lending “in the shorts.” retail residential mortgage applications, and has been conducted weekly since 1990.

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Appraisal Today

FEBRUARY 3, 2023

23, 2023 My comment: This only applies to residential lending appraisals, of course. To read more, plus over 60 appraiser comments, click here My comments: This only applies to residential lending appraisals, of course. I had good clients but did not like the dramatic volume changes. . By Dave Towne, Jan. percent from 5.44

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Appraisal Today

FEBRUARY 16, 2024

She designed more than 700 buildings in California during a long and prolific career. Many downtown mixed-use buildings (retail and apartments) are in my city. I appraised many of them, but never noticed any effect, plus or minus, for historic designation. Never use a lending form (such as a 1004) for estate work.

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Appraisal Today

FEBRUARY 23, 2024

Take Note of GSE Requirements To read more, Click Here My comment: If you do residential lending appraisals, read this article! Allow the appraisers to speak directly to the lender/client, instead of going through the third-party agent. But the waterfront building’s more-recent design is rooted in a nautical past.

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Appraisal Real Estate Contracts Reconsideration of Value 67

Appraisal Today

AUGUST 5, 2022

I always recommend VA as the best lender client for appraisers. Excerpts: Lending was not very prudent prior to the crash of 2008 as suggested by the trend in the median credit score (FICO), a measure for credit worthiness; for newly originated first-time purchase mortgages the median FICO score was 686 in Q1 2006 versus 740 in Q4 2020.

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Appraisal Today

FEBRUARY 24, 2023

AMCs had taken over the mortgage-lending work. Those appraisers who built strong relationships with their AMC and lender clients, who returned phone calls promptly, never “went dark” with their clients, always turned their assignments in on time (or early) — they are the ones who are still getting orders even when times are slow.

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Appraisal Architecture Valuation Business 52

Appraisal Today

APRIL 12, 2024

Insurance purposes: Lenders or other clients may order desktop appraisals for insurance purposes to determine the property’s replacement cost or insurable value. But if for lending, it might be rejected on review by GSE computers or humans. Why Doesn’t Anyone Want Tulsa’s Frank Lloyd Wright-Designed Home? Nationwide, Realtor.com®

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Appraisal Today

SEPTEMBER 15, 2023

The architectural design avoids lines and straight angles to establish the idea of continuous fluidity. Richard Hagar, SRA, has a good book on Dave Towne’s comments (and many other client issues): For more info click here == Private money lending – no UAD, computer “reviews”, low fees, etc.

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Appraisal Real Estate Agent Contracts Real Estate 81

Appraisal Today

OCTOBER 7, 2022

The multistory home bucks convention, boasting an eccentric, inverted design. Excerpts: Lakeland engaged in a pattern or practice of lending discrimination by “redlining” in the Newark metropolitan area. An appraiser can easily lose a lender client because they were low on an appraisal. Excerpts: Year Built: 2001.

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Appraisal Today

AUGUST 25, 2023

It’s designed to mimic a tree growing with the branches and the roots down on the bottom, with the branches reaching up,” Steeves-Haith explains. ” That means appraisers in affected areas should let clients know that certain assignments may be on hold for now. Never be dependent on the ups and downs of lending again!

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Appraisal Real Estate Agent Agents Real Estate 75

Appraisal Today

MAY 12, 2023

Whimsical Casa Luna Bounces Onto the Market in Big Sur for $6,600,000 (dropped from $7M in December 2022) (Mickey) Manning architecture and designed homes to complement their natural surroundings. Mortgage lending is very, very cyclical. This is to follow up on a meeting Appraisal Institute representatives held in Washington, D.C.

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Simonson Real Estate

APRIL 26, 2021

Retail, office, medical or industrial uses can be either single-tenant or multi-tenant building Commitment to long-term lease (typically 10+ years with renewal options) Lease structure with most or all expenses and building repair responsibility of tenant Typically build-to-suit based on tenant needs and designs. billion from $27.75

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Marketing Tenants Real Estate Valuation 78

Appraisal Today

DECEMBER 22, 2023

Have you ever driven closer and closer to your subject and noticed that the homes are much smaller or have standard designs? More appraisers are getting tired of this and are adding it to their list of why they are retiring or quitting (plus client hassles and low fees, of course). This definitely has happened to me. Hopefully better.

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Appraisal Business Contracts Real Estate 75

Appraisal Today

APRIL 28, 2023

Call the client and have them re-assign the order? Setting client expectations is a critical first step in any real estate appraisal assignment. Make sure you’re fully aligned with your client every step of the way in order to set the tone and help prevent potential dissatisfaction… 2. What to do? Those are certainly options.

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Appraisal Real Estate Business Contracts 52

Appraisal Today

NOVEMBER 17, 2023

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference. You don’t see this type of design every day.

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Appraisal Today

JULY 29, 2022

Excerpts: Built in 1959 and designed by Tollyn Twitchell for Ralph Twitchell Architects, the 3,419-square-foot, ranch-style home is listed for $3 million. Check out Ryan’s other recent blog posts for ideas on how to analyze your market and help your clients understand what is happening. His market is showing changes.

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Real Estate Agent Real Estate Appraisal Agents 52

Appraisal Today

MAY 26, 2023

In addition to reducing upfront costs, Rocket Mortgage says ONE+ completely eliminates the expensive monthly mortgage insurance fee for the client —which is traditionally required if the buyer places less than 20% down on their purchase. retail residential mortgage applications, and has been conducted weekly since 1990. percent from 5.71

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Appraisal Today

SEPTEMBER 17, 2022

Architect Adam Dayem designed the unique 2,500-square-foot residence, which was completed in 2017 after several years of construction. Which are your best current and former AMC/lender clients? Turn time (what AMCs’ clients, the lenders, want): decrease your turn time. Their lender clients don’t like the turn time delays.

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Appraisal Construction Contracts Insurance 52

Appraisal Today

NOVEMBER 20, 2022

FNMA indicates that their 2022 lending volume is down 47% from 2021 and is expected to drop by another 50% in 2023. In this category, you find the properties that represent the whimsical side of the design and prove there is no idea too out there when it comes to constructing a building. What’s happening now. percent from 5.87

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Appraisal Today

SEPTEMBER 9, 2022

Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. Get the relevant date of value from the client or client’s attorney. Excerpts: 2.

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Appraisal Today

MAY 27, 2022

The market changing again with increasing interest rates, in the inevitable ups and downs of mortgage lending. Mortgage lending from the 1870s to today. VA is the best lender client. Local architect William Lang designed the home with a signature three-story. I have always been a glass half full person. Rocky Mountain $3.5M

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