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How To Appraise Rural Properties

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

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Why Appraisal Workfiles Are Important

Appraisal Today

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. 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. built in 1825 Excerpts: 8 bedrooms, 5.5+

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USPAP Myths for Appraisers

Appraisal Today

Modern Montauk NY ‘Tree House’ Offers Sweeping Oceanfront Views for $7.5M It’s known as the “Modern Montauk Tree House,” the listing notes. . :< Iconic Malibu CA Masterpiece – Airbnb $1,950 per night Excerpts: 3 bedrooms, 2.5 The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.51

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Appraisers Riding the Waves of Up and Down Mortgage Rates 

Appraisal Today

Once again, modern brain-body science jumps ahead and teaches me things. At first glance, it might not register that most of this modern-industrial home in Northern California was built in a factory, delivered by a truck, and assembled on-site. The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.89

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Appraisers: Be Careful with Your Words

Appraisal Today

bath 4,000sqft 0.35acre lot, Pending sale This futuristic home is new construction that took years to design and build made of steel frame construction cantilevering in what seems to be thin air. Tired of working for AMC/lenders with their UAD, forms, “modernization”, words to not use, etc? There is none of this!

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Non-Arms Length Sales for Appraisers

Appraisal Today

What should appraisers look for in a sales contract? The One-Mile Rule: Prudent Policy or Modern Day Redlining? The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.24 The average contract interest rate for 15-year fixed-rate mortgages increased to 6.75

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Fannie: Words and Phrases in Appraisals

Appraisal Today

Vugrin was the protegé of organic architect Kendrick Bangs Kellogg during the 1980s when construction began. The finished mansion took nearly twenty years and its distinctive style is simultaneously primitive and modern, blending well into the high desert landscape. The average contract interest rate for 5/1 ARMs decreased to 5.90