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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

Buying a Home As a Government Employee Are you a government employee preparing to buy a home? With the right resources, you can ensure a successful investment and one in which you may save tens of thousands of dollars thanks to being a government employee. Who Is a Government Employee?

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Why Appraisal Workfiles Are Important

Appraisal Today

This is one of the appraisal discrimination cases that has received significant attention – among appraisers, the media and government agencies. With shifts in existing and pending home sales, new home sales, construction activity, and economic indicators such as inflation and mortgage rates, appraisers are navigating a complex landscape.

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Non-Arms Length Sales for Appraisers

Appraisal Today

What should appraisers look for in a sales contract? However, if true, this represents a troubling practice – a government sponsored enterprise providing discriminatory adjustments based on census data that appraisers cannot legally consider, while sharing the data openly with underwriters. built in 2000. percent from 7.13

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2024 USPAP Changes Clarify Nondiscrimination

Appraisal Today

The report said due to this lack of documentation, the FHFA might be unable to detect trends or significant issues concerning mortgage desktop appraisals, and such blind spots could potentially jeopardize the financial safety and stability of the government-sponsored enterprises (GSEs). I think they achieved their goals. percent from 7.90

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

Cost approach : Essentially, this technique equates the property value to the cost of constructing a replica. Replacement costs (a cost estimate to construct a building comparable to the building undergoing the appraisal, while using current prices, building standards, and materials). Recent comparable sales. Current market trends.

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How to Contest a Bad Appraisal

AmeriMac

A low appraisal can cause the cancellation of sales contracts because a lender won’t approve mortgages higher than a home’s value. You can locate these in your city or county government office. Renovating your kitchen, bathroom, or bedrooms. Constructing a basement. Moreover, they are fairly easy to find.

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Institutional SFR players are stuck in the doldrums

Housing Wire

But the caveat, of course, is that all bets are off if there’s a more meaningful contraction in lending [in the wake of recent bank failures and other economic factors] because then you’re in serious trouble,” Petrosinelli added.