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Buyer agency: a crucial historical shift in real estate

Housing Wire

Now, real estate professionals champion the cause of buyers, managing over 100 tasks in each transaction to ensure their clients’ best interests are served. The unintended consequences of eliminating buyer agency 1. These are areas where professional expertise is not just beneficial but essential.

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Commercial Real Estate Appraisal Review: Essential Handbook to a Necessary and Influential 2nd Opinion

The Robert Weiler Company

In most instances, such as public development projects or litigation cases, the commercial appraisal review is a mandatory examination of an appraisal report to spot mistakes, address errors in a CRE appraiser’s judgment or update information based on changing conditions due to the passage of time. The obligation to the client isn’t met.

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Pros and Cons of Complex Property Appraisal: Insights from a Florida Appraiser

McKissock

Unusual site (size, shape, terrain, setbacks, easements, deed restrictions, etc.). Finally, complex assignments often give an appraiser a chance to expand their knowledge and skills, which can lead to more business and even new clients. Market to non-lender clients. One-of-a-kind properties (no comps). Design (dome, log, etc.).

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What it’s like originating reverse mortgages in Montana

Housing Wire

Population centers like Bozeman and Billings may have more tract homes, but that is a relatively recent development, DeWolf explained. You also get a lot of spec homes on dirt roads with private road easements and no recorded road agreement, which can create issues.” “Montana is the complete reverse.

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A Guide to Houston’s Best Ranches & Farms On The Market

Houston Properties

The Texas Farms and Ranch Lands Conservation Program (TFRLCP) also provides grants to private landowners who protect their land from developments. Real estate developments in cities and metro areas need to go through a rigid approval process. They give really helpful tips and ensure their clients understand each step of the process.

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. The good times and the hard times.

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Appraisers: How and Why To Check Carbon Monoxide Detectors

Appraisal Today

Bunzel was also able to provide some helpful tips for appraisers as far as how to communicate with their clients about CO detectors. For example, Bunzel says that appraisers and home inspectors should make it clear to their clients that they do not warranty if the device is working, just that it is there. Learn from peers.