McKissock

DECEMBER 10, 2021

Plus, what will it take to modernize the appraisal process? ” Read the full forecast to learn about Redfin’s predictions regarding mortgage rates, supply and demand, new construction, home price growth, and more. Opinion: The path to modernizing the appraisal process. Connecticut. Petersburg-Clearwater, Florida.

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Appraisal Today

MARCH 15, 2024

Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. It is not hard to learn the valuation factors. Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

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DW Slater Company

JUNE 16, 2022

Another thing to watch is new construction. Builders have been trying to build new homes to meet the demand but there have been delays due to supply chain issues and cost of construction. Lenders See Considerable Value in Appraiser Modernization – Fannie Mae. One metric to watch is the number of building permits.

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Boston Appraisal

NOVEMBER 9, 2023

Consider modernizing appliances, installing new countertops, or improving the layout. For instance, if a homeowner adds a swimming pool to their property, the appraiser will consider the cost of the pool, the quality of construction, and the impact on the property’s overall value.

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Appraisal Today

APRIL 5, 2024

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. Lanham, 20/20 Valuations, and loanDepot.com, U.S. They alleged that the appraiser had taken into account their race in his valuation of their home in violation of the federal Fair Housing Act and other laws prohibiting discrimination.

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Property Metrics

MAY 28, 2021

In other words, a property could become functionally obsolete when its design, style, amenities, or technology no longer meet the needs and/or expectations of modern tenants. Modern tenants require high speed internet connections, strong cellular reception, advanced security features, and modern audio/video capabilities.

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Appraisal Buzz

JULY 12, 2021

I have also been actively involved with the Collateral Risk Network for over a decade and am a recipient of the Valuation Visionary Award. Within the real estate and the valuation industry, commodities would be housing – the construction of, the buying and selling of, and the financing of.

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Appraisal Today

FEBRUARY 24, 2023

The real estate appraisers of old used to network more, market their services, and sell themselves more than today’s modern appraiser,” remarks Mark Skapinetz, an independent real estate appraiser in Georgia who operates a 100 percent non-lender appraisal firm. They also fail to note the size of these under-valuations. Budget cuts.

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Cleveland Appraisal Blog

MARCH 4, 2021

So, while the cabinets may be in good shape, many homeowners will eventually replace the countertops, sink and appliances with a more modern look and improved functionality. Of course, a ten-year old kitchen is going to have some wear and tear from use. They may replace the flooring and lighting. The same is true with bathrooms.

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Appraisal Buzz

SEPTEMBER 5, 2022

Real Estate valuation can be a complex exercise in problem solving. Whether you are an appraiser, tax assessor, sales agent, attorney, construction manager, architect or engineer, you are required to have a level of professional expertise, at the local level, that exceeds the average person that does not practice in the area of real estate.

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Appraisal Buzz

JUNE 20, 2022

All the talk and attention given to appraisal modernization, appraisal waivers, desktop and hybrid appraisals contributes to anxiety. It’s not unusual for alterations to be made to plans during construction, or for the improvement to be built at variance to the specifications due to decisions made on the fly.

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Appraisal Today

APRIL 26, 2024

The One-Mile Rule: Prudent Policy or Modern Day Redlining? In the 1930’s, appraisers (then known as valuators) were instructed to follow a rating system. Appraisers/Valuators were tasked with gauging the level of “protection” against these adverse influences or assessing the associated “risk” they posed. … By Dallas T.

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Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. With a desktop valuation, appraisers use extensive data gathered by third parties and public records in place of a physical inspection to complete the appraisal. But what is a desktop appraisal, how does it work, and how does it compare to a full appraisal?

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PennyMac

OCTOBER 10, 2023

We put together a checklist of common (and not-so-common) tips to help you get a high valuation from your appraiser. Whether you choose to address the correctable concerns or not, being aware of crucial appraisal criteria can help you avoid the potential unwelcome surprise of a lower-than-expected home value.

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Housing Wire

MARCH 28, 2022

Proprietary analytics and external data sources, backed by a microservice architecture that connects them all via APIs, can feed optimized recommendations and assessments for any part of the sale — valuation, tax, credit score, loan rating, insurance rating, title and closing costs.

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Appraisal Today

AUGUST 18, 2023

Designed and built by world-renowned contractor, Matt Construction, interior designers Meyer Davis and architects Shubin + Donaldson, no expense was spared in constructing this exceptional estate over a six-year period. . == $185,000,000 Mansion in Los Angeles 869 Tione Rd, Los Angeles, CA 9007 10 bedrooms, 14.5+

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Appraisal Today

JUNE 16, 2023

It also describes the risks of deficient residential real estate valuations, whether through omissions, errors, discrimination or lack of information. Vugrin was the protegé of organic architect Kendrick Bangs Kellogg during the 1980s when construction began. The original owner of the house Jay was fascinated by fossils.

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DW Slater Company

FEBRUARY 24, 2022

Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process. Why would the GSEs want this product?

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Housing Wire

DECEMBER 31, 2021

Homebuilders will have more success overcoming current building material shortages and should be able to increase the pace of construction to meet the sizable demand for buying,” Fratantoni said. Industry experts also predict that home inventory will increase in 2022, creating more options for borrowers.

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Appraisal Today

FEBRUARY 23, 2024

Resembling a modern French Chteau, it features a freshwater lake, manicured gardens, and three levels of luxurious living spaces. A local lender gave me an appraisal assignment on the proposed construction of 7 units in the city. “I couldn’t believe that something like that was out there. I researched and learned about the market.

Appraisal 68

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DW Slater Company

FEBRUARY 24, 2022

Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process. Why would the GSEs want this product?

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Appraisal Today

MAY 19, 2023

NOTE: Please scroll down to read the other topics in this long blog post on hybrid appraisals, business tips, UAD info from Freddie, Fannie modernization, non-lender appraisals, unusual homes, mortgage origination stats, etc. = They used materials from all over the world to furnish it. Nothing wrong with that. I learned a lot.

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The Robert Weiler Company

JULY 6, 2021

With the emergence of factories, production efficiency, and mass manufacturing, industrial space for rent became the backbone that supports today’s modern cities. Amazon is the iconic frontrunner when it comes to the future of modern distribution and smart warehouses. They include showrooms, laboratories, and office space.

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Appraisal Today

MAY 26, 2023

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B billion tax fraud scheme. Right now, nothing compares to it.”

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Appraisal Today

FEBRUARY 9, 2024

His law practice is dedicated to valuation issues. single-family homes for sale in the fourth quarter were new construction. Construction also jumped during the pandemic as builders responded to surging homebuyer demand fueled by record-low mortgage rates. Are you getting too many ad-only emails? Nationwide, 31.8% Lee Miller.

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Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. In my city of 78,000 population, there are over 10,000 buildings constructed prior to 1930, including many classic Victorians.

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Appraisal Today

NOVEMBER 10, 2023

Originally constructed in 1973, an 1100 ht.sq.ft. addition in 2011 expanded its footprint and modernized its features also adding a 4-car garage. Additions may be constructed, outbuildings added, and zoning regulations updated. To read more, click here My comment: The valuation/appraisal part of the article is near the end.

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Appraisal Today

OCTOBER 13, 2023

Though the hotel never came to be, the lobby, which appears to grow out from within the rocky overlook, was constructed. To read more, click here My comments : Location within a school district can be an important valuation factor. It’s quite amazing how the midcentury modern style has endured, persisted, and reemerged.

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Appraisal Today

DECEMBER 23, 2022

Modern valuation progress requires three things: 1) a clear definition of “what is a comp?” My comments: George continues on his long-time quest to really modernize residential appraisals, not just designing another type of online report or speeding up the appraisal process with AVMs and desktops. Don Quixote? ==.

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Will Springer Realtor

AUGUST 11, 2023

Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”). The national trend for new construction, however, is generally moving in the opposite direction. In the 1990s, one-third of new homes were smaller than 1800 sq.

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The Robert Weiler Company

NOVEMBER 10, 2021

Not only that, but you want those transit links to be modern, well funded, and in high use. new construction pipeline of nearby buildings. As one might expect, environmental variables are deterministic in commercial property valuation. Otherwise, the proximity to these transit connections would be useless. employment rate).

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The Robert Weiler Company

NOVEMBER 16, 2022

But proximity to a new Intel Corporation fabrication plant whose construction might one day ease future global chip shortages might be another reason to love our region. It’s predicted to generate 3,000 jobs with high-wage salaries, 7,000 construction jobs, and more than 10,000 indirect jobs. Similar terms include “Silicon Prairie.”

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Appraisal Today

MAY 5, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Appraisal Institute President, non-lender appraisals, Changing state appraisal laws, Fannie modernization, unusual homes, mortgage origination stats, etc. The Valuation of Condominiums, Cooperatives, and PUDs – Book Review. Limited competition. On my bookshelf.

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