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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. Many are already shouldering the burdens of high debt-to-income ratios, mortgage insurance premiums, and elevated interest rates to secure a foothold in homeownership.

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

I have never done an “official” ROV for a lender, but I did not like any lender clients objecting to my values. There is administrative time involved, as well as legal factors. And if you work in real estate, be prepared to serve clients in all stations of life. First, the burden on borrowers. They start the row.

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

The Robert Weiler Company

The obligation to the client isn’t met. The physical, legal, or economic descriptions of the property are in question. Consider the grantor’s position when considering a disbursement for a mixed-use development, conservation easement, or specialty use property. It isn’t clear who owns the appraised property.

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Appraisers: How and Why To Check Carbon Monoxide Detectors

Appraisal Today

Consequently, both the appraiser and home inspector ended up on the receiving end of a “wrongful death” legal claim. Bunzel was also able to provide some helpful tips for appraisers as far as how to communicate with their clients about CO detectors. National Counsel for Liability Insurance Administrators.

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Real Estate Appraisers Share How They Stand Out from the Competition

McKissock

To help simplify things, we’ve organized the comments below into the following categories of ways to stand out from the competition: Client relations. Client relations. “I like to think it is my customer service, and client relations.” No matter the client.” Background or perspective.