Appraisal Today

DECEMBER 1, 2023

Technology allows some aspects of developing appraisal reports to go much faster. With a Western-themed interior, the former train car now offers three bedrooms in a 900 square feet of living space. I love traveling overnight on trains and have been up and down the West Coast, seeing places no one can see from the land.

Appraisal 88

Appraisal Business Contracts Technology 88

Housing Wire

JANUARY 27, 2023

Most retail lenders are desperately seeking high producing loan originators to make up for the losses that occurred in 2022. California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. Back in the 2007-2009 meltdown, we had loan officers with us at that time.

Lending 366

Lending Real Estate Agent Loan Officers Retail 366

The Robert Weiler Company

NOVEMBER 9, 2022

Do your research and find out if there are easy access to trains, buses, and airports, as well as major roads and freeways. Hundreds of international companies call Columbus their home, including Battelle Memorial Institute, the world’s largest private research and development foundation. Tip 5: Quiz Yourself on Quality of Life.

Transportation 78

Transportation Real Estate Supply Chain Investing 78

Appraisal Today

APRIL 19, 2024

For too long, appraisers have faced sweeping claims that their valuations are biased against certain groups, despite appraisers’ ethical standards, rigorous training, and lack of financial stake in transactions. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.13

Appraisal 68

Appraisal Contracts Valuation Design 68

Appraisal Today

APRIL 2, 2023

What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them.

Contracts 52

Contracts Appraisal HOA Architecture 52

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. Some AMCs may use appraisers for data collection at a reasonable fee instead of Uber drivers with 3 weeks of training. The average contract interest rate for 15-year fixed-rate mortgages increased to 5.96

Appraisal 52

Appraisal Business Contracts Real Estate 52

Appraisal Today

JUNE 23, 2023

Fannie has been upfront about its interest in developing appraisal “alternatives.” These algorithmic valuations replace trained human appraisers with knowledge of local real estate markets. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.73

Appraisal 86

Appraisal Real Estate Valuation Contracts 86

Appraisal Today

DECEMBER 2, 2022

I don’t know if Realtors can be re-trained to see value rather than price. I know some successful agents who were trained as appraisers and appraised for awhile. After graduation he worked for USAA in Real Estate Development. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.57

Appraisal 80

Appraisal Agents Real Estate Real Estate Agent 80

Appraisal Today

FEBRUARY 17, 2023

My many years of scientific training, including the scientific method, make me a better appraiser. It means always looking for the truth, being open to other ways of looking at problems, defining the problem, developing hypotheses, being objective, etc. The average contract interest rate for 15-year fixed-rate mortgages increased to 5.85

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

JUNE 2, 2022

It may still be a ways down the track, but the engine powering the blockchain train is already rattling the tracks. And then further on down the line, open it up to other retail investors, but that depends on the regulations in place.”. We think that will be an exciting development for that part of the market.”

Technology 377

Technology Investing Investors Mortgage 377

Appraisal Today

APRIL 12, 2024

Retrospective appraisals, drive-by (exterior inspection) appraisals, and valuations from plans and specifications, are all valuation assignments where an appraiser develops an appraisal opinion without personally inspecting the property. In 2021, local developer Stuart Price snapped up the five-bedroom, four-bath home for $2.5

Appraisal 77

Appraisal Construction Contracts Architecture 77

Housing Wire

APRIL 21, 2022

A former Texas A&M cross country and track athlete and Episcopalian minister, Ballard in 2011 co-founded TreeHouse , a retailer to sell environmentally friendly home construction materials. TreeHouse worked with Tesla on an ecofriendly home battery and opened a 25,000-square-foot retail store in Dallas.

Construction 389

Construction Supply Chain Investors Business 389

McKissock

JUNE 8, 2021

He was buying an 1800s Victorian house in which his parents had operated a retail business for many years. ” I’d call her “ignorant” (lacking in education, training, or knowledge…a person who is ignorant is one who is uninformed or is unaware of a subject or fact). In this case, he was also the client.

Appraisal 73

Appraisal Contracts Clients Law 73

Appraisal Today

NOVEMBER 17, 2023

While there is some overlap, being qualified to perform an appraisal requires much more training, education, and expertise, and the job goes far beyond gathering physical data. Myth #3: PDCs are not properly trained or qualified While there isn’t a license, PDCs are still required to be trained and competent to do their job.

Appraisal 69

Appraisal Modernization Training Business 69

Appraisal Today

DECEMBER 15, 2023

I trained one of them. Despite the incredibly low numbers of PDCs being accepted by the GSEs, over a dozen technology companies and appraisal management companies (AMCs) have been chomping at the bit to develop and roll out a plethora of home measuring applications and an army of property data collectors. Few new appraisers.

Appraisal 77

Appraisal Contracts Business Mortgage 77

Appraisal Today

FEBRUARY 2, 2024

The overall timeline has not changed; however, we wanted to provide the industry with more milestone details to help in development, testing and training to prepare for the new UAD and Uniform Residential Appraisal Report (URAR). The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.61

Appraisal 66

Appraisal Contracts Training Real Estate 66

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? There will be detailed training requirements and background checks.

Appraisal 63

Appraisal Contracts Design Mortgage 63

Appraisal Today

SEPTEMBER 2, 2022

In other words, USPAP doesn’t prohibit a mortgage broker from calling and asking you to develop an appraisal based on a predetermined value, but USPAP does prohibit you from accepting that assignment. Does it depend on who trained you? The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 5.57

Appraisal 52

Appraisal Contracts Clients Real Estate 52

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. Planes, Trains, Automobiles, and More: Transportation links are essential for any industrial space or commercial properties for lease. Do you have a paper trail?

Real Estate 78

Real Estate Retail Investing Tenants 78

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