Housing Wire
JULY 16, 2021
By both companies’ admission, a major key to Success’s success will be hiring loan officers. billion market capitalization, less than half of its previous market value. Unclear is what pressure eXp’s agents may feel to direct their clients to Success. Presented by: SimpleNexus. The company now has a $4.2
Appraisal Buzz
OCTOBER 3, 2022
I can see why loan officers, real estate agents, or buyers might push back on appraisers’ conclusions. The second thing, and most everyone who is tracking this data already knows this, is that this data and the indexes that spring from them are all lagging indicators of the health of a given market.
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Cleveland Appraisal Blog
OCTOBER 14, 2021
Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”. Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. To “think outside of the box” when valuing a property.
Birmingham Appraisal
FEBRUARY 8, 2023
For the record, I will state that the goal of every appraisal is to estimate the market value of a home, usually for lending purposes. If you were buying a home and the loan officer told you that they needed to get an appraisal this is what they were talking about.
Town & Country Residential Appraisals
JANUARY 24, 2020
If you ever experience this from a loan officer, feel free to report this behavior to the CFPB here. If you feel that an appraiser has artificially inflated a market value opinion, report this behavior to the PA Appraiser Board here. They hide material defects in their reports. They offer to talk to you about everything.
Birmingham Appraisal
SEPTEMBER 15, 2022
Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. Appraisers develop an opinion of value for the subject property for various reasons including mortgage underwriting. Appraisal vs Home Inspection.
McCarthy Appraisal Blog
SEPTEMBER 4, 2018
The references should be current or previous clients, and at least one should be from the community. This is important because loan officers usually have different requirements than individual homeowners. Follow up with the references for your selected candidate. Verify the appraiser’s experience working with homeowners.
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