McKissock

MARCH 2, 2021

As an experienced appraiser, you’ve likely encountered pressure to hit the purchase price or develop your appraisal based on a predetermined value. Here are five excellent resources offered by McKissock Learning—including a Pro-Series webinar on Wednesday, March 17, 2021, “ The Market Value Doesn’t Support the Contract Price, Now What?

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Appraisal Contracts Market Value Clients 103

Movoto

APRIL 30, 2024

Most areas with condo developments are usually subjected to homeowner association (HOA) management or something similar. The nice part is that these organizations often help keep the area in good repair and maintain a consistent look throughout the development. What Are The Cons Of Renting A Condo? Lease Option Agreement.

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Tenants Real Estate Contracts HOA 36

McKissock

JANUARY 6, 2023

There are appraisal jobs available in the lending sector, such as staff appraisers, review appraisers, fee panel managers, and with experience and time on the job, chief appraiser and valuation compliance officer jobs can be found. These may be full-time jobs or contracted services. Non-lending appraisal courses.

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Housing Wire

NOVEMBER 3, 2023

Merle Whitehead, who in 2016 sold his brokerage RealtyUSA to Howard Hanna Real Estate Services , “years ago, worked diligently to increase the share of buyers who were under contract to work with his agents,” says Murray. I was just too busy building the company, selling real estate and developing properties.”

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Real Estate Brokerage Buyers Property Management 318

Appraisal Today

JANUARY 5, 2024

I suppose it is because most appraisals are done (now) for residential lending purposes. Get licensed or certified (24%) Grow my business (23%) “As the lending side of the commercial appraisal business has declined, we are actively networking to increase our private party work for CPAs, lawyers, and estate planning professionals.”

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Appraisal Today

MAY 10, 2024

These policies were the result of a collaborative effort between the GSEs, the Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA). There is administrative time involved, as well as legal factors. The anticipation includes the additional burden on lenders as well as appraisers.

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Reconsideration of Value Appraisal Real Estate Insurance 69

Housing Wire

MARCH 28, 2024

In fact, if you were to describe the home-buying experience solely upon the things we see in advertisements, the home-buying process would end with the sales contract, and all parties would merrily proceed directly to the handing over of the keys. It doesn’t lend itself to a 24-hour cycle.

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HOA Property Management Real Estate Agent Technology 457

Appraisal Today

NOVEMBER 24, 2023

For starters, any development would have to pass through three levels of bureaucracy, as 4.1 Obviously, you need legal counsel, but you may also need USPAP counsel as well. So, your first step is to get proper counsel, who can then give you proper advice… A state’s appraisal board carries the sword and shield of legal counsel.

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Appraisal Mortgage Business Contracts 74

Housing Wire

NOVEMBER 22, 2023

In fact, if you were to describe the home buying experience solely upon the things we see in advertisements, the process would end with the sales contract and all parties would merrily proceed directly to the handing over of the keys. It doesn’t lend itself to a 24-hour cycle. There’s an entire industry built upon the “What’s next?”

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HOA Real Estate Agent Technology Real Estate 424

Housing Wire

MARCH 7, 2022

The NFT representing ownership of an LLC representing ownership of a house is 100% legally meaningless. Before starting Propy, Karayaneva ran a real estate investment firm in Bulgaria for 15 years and earned a master’s degree at the University of Oxford in sustainable urban development. And Pinellas County, like every other U.S.

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Real Estate Law Inspection Agents 477

Zillow

JULY 15, 2019

Contingencies : Conditions written into a home purchase contract that protect the buyer should issues arise with financing, the home inspection, etc. Inspection occurs when the home is under contract or in escrow. Tax lien : The government's legal claim against property when the homeowner neglects or fails to pay a tax debt.

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Real Estate Agent Insurance Inspection Buyers 56

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. The information that arises helps enlighten those who own, manage, sell, lend money, or invest in commercial real estate property.

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Real Estate Appraisal Property Appraisal Valuation 60

Simonson Real Estate

JULY 10, 2020

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. Helpful information includes tax parcel numbers, legal descriptions, number of buildings, building size, etc.

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Appraisal Process Appraisal Market Value Tenants 148

Simonson Real Estate

DECEMBER 6, 2022

Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.

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Appraisal Process Real Estate Appraisal Renovations 78

Raleigh Realty

FEBRUARY 19, 2022

They can keep buyers up at night after going under contract on a home. The seller accepts your offer and you are officially under contract and the home will be marked contingent. Mortgage lenders do not want to lend more money for a home than the home is worth. 9 Things to Know BEFORE Your Home Appraisal Home appraisals.

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Appraisal Appraisal Process Real Estate Agent Renovations 148

Housing Wire

NOVEMBER 30, 2023

Program follows a blueprint developed by the OH Association of Realtors®. Real Estate Law: Covers Real Estate Law and Legal areas Impacting real estate professionals Examine the law of agency as applied to real estate brokers and sales personnel, law of fixtures, estates, mortgages and liens, OH license laws of Ohio, zoning & more.

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Real Estate Real Estate Agent Law Inspection 414

Appraisal Today

DECEMBER 16, 2022

Joe Minnich, a condo risk consultant, spoke on how loans secured by an individual unit in a condominium project have greater risk than found in typical SFR lending. The developer wanted to fit multiple units on a small, oddly shaped parcel of land in a neighborhood of traditional homes in British Columbia. To read more, click here.

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Modernization Appraisal Contracts Real Estate 52

Appraisal Today

APRIL 1, 2023

Instead this reviewer proceeded to tell me that it was one of the most detailed and well-developed reports he had seen in all his years reviewing relocation work. Never use a lending form (such as a 1004) for estate work. For non-lending work like estate work, you can use a good, protective engagement agreement. percent from 6.71

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Clients Appraisal Contracts Business 52

Housing Wire

APRIL 27, 2023

These developments—and more—can be seen as cracks in the armor of a housing-industry sector that rose out of the ashes of the Great Recession and grew to become a thriving alternative for individuals locked out the home-purchase market by rapidly rising prices.

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Renovations Investing Real Estate Marketing 379

Clear Capital

JUNE 21, 2022

When Freddie Mac published the study, “ Discovery of Racial and Ethnic Valuation Gaps In Home Purchase Appraisals ” in late 2021, its conclusion, “that Black and Latino applicants receive lower appraisal values than the contract price more often than White applicants,” sent shockwaves through the mortgage industry. Valuation Equity.

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Valuation Technology Lending Real Estate 69

Will Springer Realtor

JULY 13, 2023

Data from the Federal Reserve indicates Goldman Sachs has the highest exposure to commercial loan losses at 16% of its lending total due within the next two years, followed by Morgan Stanley (14%) and Citizens (12%). Local government, developers, architects and others will need to step up and take responsibility for the sake of our city.

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Construction Supply Chain Real Estate Development 36

Will Springer Realtor

APRIL 6, 2021

Condo bylaws, covenants and other legal documents usually lay out in specific terms who is responsible for what.). New construction loans are available through both traditional lenders and financial institutions working directly with the building developer. Getting a mortgage is complicated for several reasons.

HOA 36

HOA Mortgage Buyers Insurance 36

Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. According to Freddie Mac’s equitable housing finance plan, it could be the expansion of automated valuation models.

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Appraisal Valuation Inspection Law 370

Housing Wire

JULY 8, 2022

With the change of Federal administrations in 2021, it didn’t take long for the Consumer Financial Protection Bureau (CFPB) to signal that it would prefer to see more LEP services made available, particularly in the mortgage servicing and lending sectors. The translation must include every term and condition of the contract or agreement.

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Law Advertising Contracts Government 393

Appraisal Today

SEPTEMBER 9, 2022

Excerpts: What does the appraiser do with the three different values that may be developed? Respectfully, if they had read my report and not just looked at the values, they would know exactly why they are different and how I developed them. The average contract interest rate for 15-year fixed-rate mortgages increased to 5.23

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Reconsideration of Value Appraisal Clients Contracts 52

Housing Wire

MARCH 15, 2022

A recent judge’s ruling in pending litigation involving student-loan securitization trusts could have far-reaching legal and financial implications for the private-label securities market. But if their case raises important and dispositive legal issues, they may seek permission to appeal early.

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Legal Law Investors Finance 433

Will Springer Realtor

JANUARY 7, 2022

In recent years, developers have focused on building higher-priced high-rises and custom-built single-family homes instead of what most buyers need. Home equity lines of credit, or HELOCs, will “come back into vogue,” predicts Dale Baker, president of home lending at KeyBank. “If State lawmakers led by Gov.

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Construction Real Estate Inventory Buyers 36