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. Confirm that you are covered by your appraisal E&O insurance policy for hybrid and desktop appraisals.

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Appraisal Today

JUNE 23, 2023

He designed the estate, completed in 2000, from the ground up. They don’t pick up design flaws, emotion-based style preferences, ambient noise levels, smells, street parking issues, market tastes, perceived quality of school districts and responsiveness of local government. The problem? It’s too much to ask of a machine.

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Appraisal Today

MARCH 15, 2024

Despite its roots in a methodology designed to support appraisers, Value Acceptance appears to divorce itself from appraiser standards and oversight, leading to legitimate concerns regarding its reliability and accuracy. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.77

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Housing Wire

MARCH 14, 2022

As the principal broker for a RE/MAX franchise in coastal Cannon Beach, Oregon, Alaina Giguiere’s typical responsibilities include marketing homes for sellers, touring homes with buyers, generating new business leads, managing client relationships, and drafting and reviewing contracts with buyers and sellers. According to ALTA, in the U.S.,

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Quicken Loans

JANUARY 11, 2022

VA loans are federally sponsored home mortgage loans that are backed by the Department of Veterans Affairs and designed to help provide affordable mortgages and housing for veterans, active duty service members, and qualifying spouses. And of course: What interest rates, closing costs, and terms can I expect to see from a VA loan product?

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Quicken Loans

JUNE 7, 2021

With a durable power of attorney, your agent (the person to whom you gave your power of attorney) can still sign a contract on your behalf even though you’re incapacitated. Designate Any Successor Attorneys-In-Fact. For example, if you’re in a coma and can’t sign a contract, your power of attorney can’t sign for you, either.

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The Robert Weiler Company

NOVEMBER 9, 2022

And determine whether the government plans any upgrades in the future; this is a telltale sign of an up-and-coming hot spot. Being in a flood-prone area can seriously affect your insurance premiums and property value; it could also cause a great deal of aggravation and stress if you experience the wrath of Mother Nature. Express, Inc.,

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The Robert Weiler Company

APRIL 15, 2022

A more established company might choose a commercial space to lease because the contract offers more security over the long term. A commercial lease is a legally binding contract that details the relationship between a tenant and a landlord. Indemnity and Insurance. What does it mean to rent commercial space? Damage to Premises.

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Appraisal Today

FEBRUARY 9, 2024

An Inside Look at E&O By Peter Christensen Excerpts: There is no law requiring that real estate appraisers must have professional liability insurance – or E&O insurance as it is often called – except in one state. Common fears are that their insurer will increase their premium or decline to renew their policy.

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Appraisal Today

FEBRUARY 16, 2024

Preservation restrictions, often governed by the National Register or local historical commissions, can add value by ensuring the property’s integrity. She designed more than 700 buildings in California during a long and prolific career. I appraised many of them, but never noticed any effect, plus or minus, for historic designation.

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Appraisal Today

AUGUST 13, 2023

Here’s another thought for you to ponder: HUD, a governmental agency, is attacking appraisers who do their work per the guidelines established by two “quasi-governmental entities”, the two GSE’s, and two other government agencies, HUD/FHA, plus the VA. government debt rating. percent from 6.93 percent, with points increasing to 0.70

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Raleigh Realty

MAY 3, 2021

These programs are designed to help people buy their first home. The challenges of buying a home as a recent college graduate are similar to that of buying a home as a government employee. Conventional loans are insured by private lenders. Unconventional loans are insured by the federal government.

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The Robert Weiler Company

OCTOBER 21, 2022

If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. Some go one step further and fulfill strenuous education and experience requirements to become designated members of the Appraisal Institute.

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Appraisal Today

OCTOBER 21, 2022

Check with your E&O insurance company to see if they offer tail coverage and what the requirements are. Some E&O Insurance companies offer free tail coverage with certain criteria, For example: Must be appraising for at least 20 years. Must be insured by the company for the past 5 consecutive years. Must be retiring.

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Miller Samuel

MARCH 19, 2019

The shift in New York State and New York City government sentiment against real estate development began with the following recent events: November: The introduction of the Amazon HQ2 deal in Long Island City. January: The closing of the $238,000,000 Manhattan condo sale in January (2015 contract). Seriously.

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PennyMac

JANUARY 3, 2024

VA loans are government-backed loans that offer veterans and service members more flexible borrower criteria than conventional loans. No monthly mortgage insurance premiums. Purchase a home and start building equity without the extra expense of monthly mortgage insurance. How Does a VA Loan Work? Lower interest rates.

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Will Springer Realtor

APRIL 10, 2024

A federal appeals court, in a separate legal case, on April 5 granted the DoJ the right to reopen an investigation into NAR policies even after the government ended the probe in 2020.) INSURANCE FOLLOW-UP The top item in last month’s newsletter struck a chord with readers. The settlement could be rejected or amended. (A

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Appraisal Today

SEPTEMBER 17, 2022

Architect Adam Dayem designed the unique 2,500-square-foot residence, which was completed in 2017 after several years of construction. Many homes were re-zoned a few years ago and needed flood insurance. At a big meeting, the primary issue was where to get a surveyor to say that my home was high enough not to require flood insurance.

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Housing Wire

MAY 9, 2022

For the first 30 days, a foreclosed property listed for sale can only be bid on by owner-occupant buyers, approved nonprofits, and government entities, the FHA announced last week. The administration added that these buyers would also enjoy an additional 60 days for conveyance from the date that the sales contract is ratified.

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Will Springer Realtor

OCTOBER 11, 2023

For the most part, we can celebrate the standards established by state and local governments as they evolve into the second century. The first makes permanent a pandemic-related policy that exempts affordable housing from the design review process. But raising fees isn’t the only solution people are thinking about.

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Will Springer Realtor

JULY 13, 2023

Local government, developers, architects and others will need to step up and take responsibility for the sake of our city. In a recent survey by Houzz, 79% of construction and design businesses reported experiencing moderate to severe labor shortages. We’ll have new incentives, and quite frankly, this will inform our budget,” he said.

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Will Springer Realtor

AUGUST 9, 2022

Many local governments permit at least one dwelling unit with the main residence and some locales accept an attached and detached unit on the same property. The cities of Seattle and Renton offer pre-approved ADU designs to help streamline the government-approval process which can often be onerous. Kirkland gets it too.

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Will Springer Realtor

FEBRUARY 9, 2022

Plus, there are plans from the government agency that backs most mortgages to increase fees (known as Loan Level Pricing Adjustments) to certain applicants, including second-home properties, high-balance loans and cash-out refinances. market in the last decade, reported FilterBuy.com. The company, using data from the U.S. It’s a 3-bed, 2.75-bath

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Appraisal Today

JULY 15, 2022

Excerpts: The architecture is designed as a direct response to the hot and dry climate of its desertous context — the city is located just outside the massive Thar Desert which covers nearly seventy percent of the Rajasthan state. My insurer (and some others) offer it free for long-time customers. Remember 2008? percent from 0.6

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Will Springer Realtor

MAY 12, 2021

An insurance company offered a good example of just how bad it has gotten. For example, House lawmakers added a provision late in the drafting process that allows local governments to indefinitely retain owner-occupancy requirements on properties with an ADU if the municipalities hold two public meetings and demonstrate a need.

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Appraisal Today

JULY 22, 2022

ANSI was designed by home builders, not appraisers or lenders. The forms were not designed to accommodate ANSI, such as where to put the different square footages on the form. Making admission of fault or liability could also serve to jeopardize your insurance coverage. Also, what Fannie wanted was not clear. Sex swings.

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