Appraisal Today

NOVEMBER 17, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Liability, Bias, reviewers with little experience, GSE modernization, unusual homes, mortgage origination stats, etc. acre lot A spectacular midcentury modern home, cantilevered 16 feet in the air, recently hit the market for $3 million in Oakland, CA.

Appraisal 70

Appraisal Modernization Training Business 70

Appraisal Today

JANUARY 26, 2024

Personal Inspection I recently completed an appraisal on a residential dwelling for Lender A that sells loans to Fannie Mae and Freddie Mac and the report was completed on a GSE form. Lender B indicated there wasno need for me to re-inspect the home, since my previous inspection date was only a few days earlier. percent from 6.75

Contracts 85

Contracts Appraisal Mortgage Inspection 85

Eppraisal

MARCH 28, 2023

All inspections are complete and the structure is code-approved. " There is no waiting for completion, inspection or certificate of occupancy. Fewer decisions: while remodeling may be in the cards, buyers are not immediately confronted with selecting cabinetry designs, fixture styles, trim etc. Competition is fierce.

Construction 36

Construction Inspection Property Taxes Home Value 36

Appraisal Today

MAY 26, 2023

Cosmetic repairs Examples MPR repairs Examples Conditions that require inspection Examples To read more, click here My comments: If you do FHA appraisals, read this blog post. I quit doing FHA appraisals in the mid-1980s because of the inspection requirements compared to conventional appraisals, that did not have the requirement.

Easement 52

Easement Contracts Appraisal Inspection 52

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. This was the same process many of us underwent with the exterior-only (drive-by) inspections. percent from 7.09

Appraisal 75

Appraisal Contracts Inspection Real Estate 75

Clear Capital

JANUARY 5, 2023

” These programs were designed to address an acute housing shortage by providing affordable homeownership opportunities for American families. Compared to homes in white-majority census tracts, those in Latino- dominant neighborhoods were twice as likely to have an appraisal gap between the contract price and the appraised value.

Appraisal 69

Appraisal Modernization Valuation Appraisal Process 69

Appraisal Today

JANUARY 20, 2023

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Fee Appraisers will be gone in 5 years being relegated to measuring houses, property inspection, and basic condition reporting. A $1M Contemporary Home Designed for Musicians Sets the Tempo in Ohio Excerpts: 2 bed 2.5

Appraisal 52

Appraisal Contracts Sellers Business 52

Appraisal Today

MARCH 8, 2024

By Peter Christensen Excerpts: Should “property data collectors” who inspect properties and provide information to real estate appraisers be licensed by state appraiser boards? While Armour’s original design for the house adhered strictly to Fowler’s practical philosophies, Stiner turned it into an ornate Victorian folly.

Appraisal 82

Appraisal Contracts Real Estate Housing Market 82

Appraisal Today

OCTOBER 13, 2023

And in 1992, this daring design was purchased and transformed into a single-family home, which recently hit the market for $25 million. It’s quite amazing how the midcentury modern style has endured, persisted, and reemerged. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 7.40

Appraisal 80

Appraisal Law Contracts Business 80

The Robert Weiler Company

SEPTEMBER 23, 2021

When buying commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. As you may remember, the young Jedi-to-be is seen inspecting with dismay his recently chartered flight, the Millennium Falcon, for a speedy trip to the planet Alderaan.

Retail 158

Retail Real Estate Business Training 158

Will Springer Realtor

MAY 9, 2022

Yes, pockets of King County may experience new home listings lasting for weeks rather than days, fewer offers on homes, bids at or even below the asking price and more of them with contingencies for home inspections and other conditions. That’s welcome – a civilized housing market rather than one that has been bonkers for a few years.

Architecture 36

Architecture Design Buyers Construction 36

Zillow

MAY 8, 2017

Bring in a home inspector Once you've made a verbal agreement to buy the house and are waiting for the contract to be drawn up, you'll want to hire a home inspector. Hire an architect and/or contractor Hiring an architect is important because you'll want their take on what you can do from a design perspective, says Vanderploeg.

Renovations 36

Renovations Inspection Real Estate Buyers 36

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. Many appraisers have expressed that they will never sign a report they didn’t personally inspect.

Appraisal 52

Appraisal Contracts Architecture Law 52

Appraisal Today

NOVEMBER 20, 2022

Failures to personally inspect and photograph comparables. In this category, you find the properties that represent the whimsical side of the design and prove there is no idea too out there when it comes to constructing a building. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.93

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52

Will Springer Realtor

MAY 13, 2024

Every key data point from the Northwest Multiple Listing Service (MLS) gained ground against the previous month – as often happens with the spring housing season taking stride – including the number of new and active listings, homes going under contract and final sales. Prices rose, too, to near-record highs. Price: $5.1M ($2770/sq.

HOA 36

HOA Transportation Construction Buyers 36

The Robert Weiler Company

NOVEMBER 10, 2021

If you plan to buy commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. As you may remember, the young Jedi-to-be is seen inspecting with dismay his recently chartered flight, the Millennium Falcon, for a speedy trip to the planet Alderaan.

Real Estate 78

Real Estate Retail Investing Tenants 78

Clear Capital

SEPTEMBER 29, 2021

It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. The home inspection took longer. The lender says the home’s worth $335,000, you’re at contract at $350,000. Kenon Chen. Jeff Allen. Kenon Chen.

Sellers 69

Sellers Agents Real Estate Buyers 69

Will Springer Realtor

JUNE 9, 2021

More than 90% of builders in May reported shortages of appliances, framing lumber and other wood products: To address rising costs, some 47% of builders surveyed this spring say they are including price-escalation clauses in their sales contracts to avoid a deeper hit on their bottom lines. The listing agent calls it “modern farmhouse.”

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Will Springer Realtor

AUGUST 9, 2022

The cities of Seattle and Renton offer pre-approved ADU designs to help streamline the government-approval process which can often be onerous. Don’t get me started about Seattle’s design review exercise!) . The Ralph Anderson -designed estate sits on a plateau near Squak Mountain and provides outstanding Cascade views.

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

SEPTEMBER 8, 2021

Just more than 4,000 homes went under contract last month across all home types in King, a 4.3% Update: The home is now Pending Inspection…sorry!]. The contemporary design by Curtis Gelotte includes rounded edges, modern kitchen and baths , private outdoor pool and views of the Seattle skyline to the west. year-on-year.

Construction 36

Construction Inventory Buyers Real Estate 36