Housing Wire
MAY 12, 2021
It’s been rejection after rejection for Isabel Williams’ client, a military veteran in Port St. Since the client began the search for her dream home earlier this year, her Veterans Affairs mortgage loan offers have been rejected over a dozen times. Lucie, Florida.
Birmingham Appraisal
JUNE 7, 2023
Appraisers can provide detailed property appraisals based on market conditions, comparable sales, and property-specific factors, aiding accountants in preparing reliable financial statements. Accountants often rely on appraisers to assess the potential profitability and risks associated with residential property investments.
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AmeriMac
MAY 15, 2024
In this blog, we will delve into the world of relocation appraisals and explore their importance in the relocation industry. We will also discuss the key differences between relocation appraisals and mortgage appraisals to provide a comprehensive understanding of the appraisal process.
Housing Wire
FEBRUARY 8, 2022
In January, Fannie Mae said it would start accepting desktop appraisals, where an appraiser need not perform a walk-through, for some agency-backed loans after March 19. Any loan application flagged as ineligible by Fannie Mae’s automated underwriting system will have to use a traditional appraisal.
AmeriMac
JULY 25, 2022
This article discusses what an appraisal requires, why it needs to be reviewed and the methods involved in arriving at both conclusions. What Is an Appraisal? An appraisal is the fair valuation of a property based on a professional’s opinion, mainly if the payment method includes a mortgage. What Is Appraisal Review?
Housing Wire
MARCH 21, 2022
Paul Charron, a Massachusetts-based appraiser who has done 50 orders through UWM’s program since signing up in October, said that he receives his fee within two to three days after uploading the report. That stands in sharp contrast to his other clients, where 99% of the time Charron said he gets paid within a month.
McKissock
DECEMBER 28, 2021
Traut notes that the Federal Housing Finance Agency (FHFA) announced in late October 2021 at the Mortgage Banker Association’s annual conference that banks and mortgage lenders will be able to use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages.
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