Appraisal Today

JULY 28, 2023

Tired of working for AMC/lenders with their UAD, forms, “modernization”, words to not use, etc? The updates will impact how appraisers assemble their report – but not how they analyze the information and develop a value opinion. The average contract interest rate for 15-year fixed-rate mortgages increased to 6.37

Appraisal 80

Appraisal Contracts Mortgage Clients 80

Appraisal Today

DECEMBER 16, 2022

Industry Insider Insight on Risk and Modernization. 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. Fannie New Appraisal Form Modernization. He suggested we redefine quality to include a time element.

Modernization 52

Modernization Appraisal Contracts Real Estate 52

Appraisal Today

APRIL 21, 2023

Brand your appraisal practice Make it easier for customers to send you referrals by developing a brand that they will remember. Despite the fresh coat of paint and a small but modernized kitchen and bath, the home retains many of its original features, including the loft bedroom, where the school’s headmistress once slept.

Appraisal 52

Appraisal Contracts Modernization Mortgage 52

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.

HOA 461

HOA Property Management Real Estate Agent Technology 461

Appraisal Today

NOVEMBER 24, 2023

For starters, any development would have to pass through three levels of bureaucracy, as 4.1 Once again, modern brain-body science jumps ahead and teaches me things. At first glance, it might not register that most of this modern-industrial home in Northern California was built in a factory, delivered by a truck, and assembled on-site.

Appraisal 75

Appraisal Mortgage Business Contracts 75

Appraisal Today

AUGUST 4, 2023

Once the site was chosen, Bercy and Chen developed a plan to break the 3,000-square-foot house into three main volumes. However, the Federal Reserve’s ability to tackle rising housing costs is constrained by the scarcity of affordable supply and escalating development costs. percent from 6.87 percent, with points increasing to 0.68

Appraisal 72

Appraisal Business Contracts Real Estate 72

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?”

HOA 427

HOA Real Estate Agent Technology Real Estate 427

Appraisal Today

FEBRUARY 23, 2024

Resembling a modern French Chteau, it features a freshwater lake, manicured gardens, and three levels of luxurious living spaces. Take Note of GSE Requirements To read more, Click Here My comment: If you do residential lending appraisals, read this article! The average contract interest rate for 5/1 ARMs increased to 6.37

Appraisal 68

Appraisal Real Estate Contracts Reconsideration of Value 68

Appraisal Today

MAY 19, 2023

ChatGPT is an advanced AI language model developed by OpenAI that can be used to streamline the appraisal writing process. To read more, click here = Non-Lending Appraisal Assignments: Interview with Joshua Walitt by Kendra Budd, Editor, Working RE Excerpt: Q: Is there anything appraisers should know about non-lender work before starting?

Appraisal 52

Appraisal Business Contracts Real Estate 52

Appraisal Today

NOVEMBER 17, 2023

Myth #2: Data collectors are going to replace appraisers There’s a lot of buzz right now about PDC possibly replacing traditional property appraisal, but the intent of this service is to fill a gap in the lending process. Will Jazz Icon Dave Brubeck’s Former Midcentury Treehouse in NorCal Sway a Buyer for $3M? And it could be again.

Appraisal 70

Appraisal Modernization Training Business 70

Appraisal Today

NOVEMBER 10, 2023

More Objective Appraisals: A Practical Guide for Appraisers By Scott Reuter Single-Family Chief Appraisal Officer, Freddie Mac Excerpts: Changing the Mindset – Facts First What’s the number one thing appraisers should be doing when they develop an appraisal? The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.98

Appraisal 63

Appraisal Contracts Design Mortgage 63

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.

Valuation 69

Valuation Technology Lending Real Estate 69

Will Springer Realtor

FEBRUARY 8, 2023

Facebook (Meta) is evolving its office arrangements, leaving space in Seattle and Bellevue and contemplating additional contraction while opening a new lab (Frank Gehry-designed Building X) in Redmond later this year. Public development can be a great option for increasing the supply of homes.

Retail 36

Retail Design Development Landlords 36

Appraisal Today

NOVEMBER 20, 2022

Unfortunately, because many appraisals were rarely rejected or required corrections, appraisers developed the false notion that poorly crafted appraisals were okay to turn in. FNMA indicates that their 2022 lending volume is down 47% from 2021 and is expected to drop by another 50% in 2023. What’s happening now. percent from 7.14

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52

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.

Construction 36

Construction Supply Chain Real Estate Development 36

Appraisal Today

SEPTEMBER 17, 2022

Catskills Modern: ‘Sleeve House’ Highlighted by Charred Wood Exterior. Excerpts: An extremely modern home with an equally dark exterior is now available in Ancram, NY. Government loans, which tend to be favored by first-time buyers, bucked this trend and increased over the week, driven mainly by VA and USDA lending activity.”.

Appraisal 52

Appraisal Construction Contracts Insurance 52

Will Springer Realtor

MAY 9, 2022

While these are promising developments, there will always be the affordability question. That was within the 28% ceiling considered affordable by common lending standards. That includes 621 fewer Pending contracts in April 2022 than the previous April, as the net number of new listings remains on average lower than in years past.

Architecture 36

Architecture Design Buyers Construction 36

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. ” This has been a very hot and important topic within the lending space for the last year or so, we’ve talked about it on this podcast before Kenon.

Sellers 69

Sellers Agents Real Estate Buyers 69

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. Fannie Mae also included efforts to “modernize” appraisals in its equity plans.

Appraisal 365

Appraisal Valuation Inspection Law 365

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

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52

Will Springer Realtor

SEPTEMBER 8, 2021

It is developing several single-family and multifamily communities in King and Snohomish counties. “Family friendliness” remains a prime focus for developers of master-planned communities, but a new survey indicates health & wellness amenities are becoming increasingly important. in the last 12 months. LIFESTYLE CHANGE.

Construction 36

Construction Inventory Buyers Real Estate 36

Will Springer Realtor

OCTOBER 11, 2022

While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment. People love experiences to fill their memory bank and social media feed – and real estate developers are listening. TREATING YOURSELF EVERY DAY. Dining out. Theme parks.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

NOVEMBER 10, 2023

We can look back to post-World War II when HOAs helped to create the initial segregation of the suburbs with planned developments – such as Levittown in New York – and gated communities. The latest number is considered unaffordable by common lending standards, which call for a 28% debt-to-income ratio. New home builders have an answer.

HOA 36

HOA Buyers Law Supply Chain 36