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How scammers are using AI to commit new fraud in real estate

Housing Wire

Thomas Cronkright : Fraud continues to be one of the biggest challenge in real estate, along with the macroeconomic challenges — interest rates and low inventory — and the current litigation around commissions. So you have a client that appears to have left a voicemail: ‘Hey, I’m traveling. million house.

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Was This Home Overimproved or Underimproved?

Cleveland Appraisal Blog

AN EXAMPLE Earlier in the year, I appraised a property that was originally built for buyers that do not require electricity. This property is located in an area where it is common for some buyers to require a home not to be electrified. Since the current owners purchased the home several years ago, they added electricity.

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

They included appraisers, real estate agents, and someone with a week, a month, or online video training. An AMC can offer different levels to their clients, depending on how much reliability their lender customers want or need. They should definitely not be paid the same. I drove by the house and looked at what was nearby, etc.

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

The unprecedented buyer demand of 2021 will likely be suppressed to some extent due to affordability concerns in some markets, and more housing inventory will most likely be available from both the existing homes and new construction segments.”. “Mortgage rates are expected to rise, but still remain attractive and reasonable.

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Ohio Land for Sale: Is the Market Still Ripe for Growth in 2022?

The Robert Weiler Company

Surges in Residential and Commercial Real Estate, and Land Sales. Residential Real Estate Sales. The sector’s inventory levels, sales volume, and average sales prices indicate that momentum will continue this year. We’ve seen incredible sales numbers, houses selling faster than ever, and a low inventory of new homes.

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Appraising Unusual Properties

Appraisal Today

Possibilities include: Notify the client of potential for delays in delivery dates. As a side note, after much ado — the real property Standard 1 has only one word change in five years.) To read more, click here == MLS Hack: What to Do When Your Data Source Goes Down By Steven W. Check out some of the free online sources.

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Appraisals and Water Frontage

Appraisal Today

Among the rights that come with real property ownership is the right to exclude others. When oceans, lakes, bayous, estuaries, rivers, streams, and ponds are involved, this right is a large part of what property purchasers are paying for. Communicating with non-lender clients is very, very different than lenders!