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5 Appraisal Topics Every Agent Should Know

Empire Appraisal Group

It’s also the appraiser’s job to develop an opinion on a home’s fair market value, and just because the buyer and seller have agreed on a price doesn’t mean that’s the true value of the property, said Francois Gregoire, broker, appraiser, instructor, and president of Gregoire & Gregoire Inc., Let them know how many offers came in.

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How To Appraise Rural Properties

Appraisal Today

There may be seminars available. It involves analyzing data collected in mass quantities, developing statistics from the data, and applying the results to value properties. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.84 percent from 7.02

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Appraisers: How to Spend Less Time on Email

Appraisal Today

Before that time (when the first 30-year fixed mortgages started), it was common for entities like commercial banks and life insurance companies to issue short-term balloon mortgages, often with terms as short as three to five years, which would be continually refinanced and never paid off. Coming in the September issue of Appraisal Today .

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Fannie Mae Takes A Closer Look at Appraisals

Appraisal Today

Unfortunately, because many appraisals were rarely rejected or required corrections, appraisers developed the false notion that poorly crafted appraisals were okay to turn in. I also think that now is the time to increase your appraisal skills by taking classes and seminars. I also have always had more CE hours than I need.

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7 Best Books for Rental Property Managers [in 2022]

The Robert Weiler Company

You’ll understand multifamily property tax and insurance requirements and diligent financial bookkeeping. Mike Butler is a real estate investor, licensed real estate broker, author of real estate investment books, and a speaker at real estate investing seminars across the U.S. But he didn’t always wear all of these hats.

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A CALL FOR MORE ACCESSORY DWELLINGS AMID HOUSING CRUNCH

Will Springer Realtor

Insurers are increasingly exposed to the climate crisis and are currently under-charging premiums by about 58% to at-risk property owners, the report states. or 4% of the population – live in high-flood-risk areas, but FEMA maps used by the insurance industry are often out of date, including 11% of them last updated in the 1970s and ‘80s.