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Non-Arms Length Sales for Appraisers

Appraisal Today

What should appraisers look for in a sales contract? Moreover, the increasing correlation between home values and neighborhood racial composition highlights how technological tools, intended to streamline processes and improve accuracy, can inadvertently exacerbate discriminatory practices.

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Fannie: Words and Phrases in Appraisals

Appraisal Today

In addition, our lenders and GSE’s are implementing tools and programs to identify when “Certain prohibited, subjective or potentially biased words or phrases are included in appraisal reports.” Vugrin was the protegé of organic architect Kendrick Bangs Kellogg during the 1980s when construction began. percent from 6.81 percent from 6.74

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Apps for Appraisers

Appraisal Today

This tool is excellent for making copies of tax records, floor plans, etc. Listen in as Bryan Reynolds reviews what USPAP says and suggests ways for appraisers to handle appraisal reports if you don’t have the data tools you need to create credible results. The average contract interest rate for 5/1 ARMs decreased to 6.20

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Appraisers Riding the Waves of Up and Down Mortgage Rates 

Appraisal Today

It turns out gratitude is a tool. They say gratitude is one of the most misunderstood free tools for a better life. The main house is just the end modules of shipping containers, and the rest is steel construction.” The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 7.19

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Appraiser Has Very Big Problems With Borrower

Appraisal Today

An example of this in real estate appraisal is the purchase and sale contract. When a property goes under contract, that is an excellent sign of what the buyer and seller conclude the property is worth. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.75

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Chat GPT For Fannie Form Appraisal Reports

Appraisal Today

Chat GPT For Fannie Form Appraisal Reports By Dustin Harris Excerpts: The world of real estate appraisal is constantly evolving (much to our dismay sometimes), and as professionals in this field, it is crucial to stay ahead of the curve by embracing innovative tools and technologies. They used materials from all over the world to furnish it.

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Cost Approach – When to Use in Appraisals

Appraisal Today

But, I always use the Cost Approach for new construction to determine the financial feasibility of custom homes. Excerpts: Google Business Profiles is an excellent marketing tool; it is free and easy to set up. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 5.43 percent from 5.45