Contracts Insurance Loan Officers Valuation 
Appraisal Today
MAY 10, 2024
This is the statement in the HUD/FHA ML-2024-07: “This included guidance to improve the established process by which FHA program participants may request an ROV if the initial valuation is lower than expected.” The mortgage loan officer handling the loan? Was it the borrower? A Zillow Zestimate?
Genworth MI Blog
AUGUST 31, 2022
Similarly, buyers began waiving inspection contract contingencies, which give the buyer options for negotiating remedies or price with the seller if the inspection reveals major issues. Q: How do automated valuation models (AVMs) come into play in the appraisal process? Never miss a post by subscribing to the Enact MI Blog!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Birmingham Appraisal
SEPTEMBER 15, 2022
Other nontraditional uses for an appraisal include valuation for insurance companies, helping sellers arrive at a market value to list their home, estate planning, and tax appeals. What If The Appraisal Is Less Than The Contract? There is always the possibility that the appraisal value is less than the contract price.
Appraisal Today
OCTOBER 14, 2022
Lenders want fire insurance for all mortgage loans. What if there is no insurance available, very limited coverage, or only very expensive insurance? Or insurance problems for flooding, hurricanes, or other natural disasters. For example, Florida homeowners have had many problems getting flood insurance.
Housing Wire
SEPTEMBER 21, 2023
There are a lot of agents today that still prefer having their customers sign contracts manually, with physical signature. But the truth is, there are components outside of our realm today that include mortgage and title and insurance. And there are some states or even some geographies within states that still mandate that.
Appraisal Today
AUGUST 13, 2023
2023 E&O Insurance Brokers Risks of Expert Work by Claudia Gaglione, Esq A long article from Claudia with 4 very good case studies. In valuation we can either go out further in distance for comps or go back in time in the immediate neighborhood. from 0.58 (including the origination fee) for 80 percent LTV loans.
Appraisal Today
MAY 12, 2023
Fannie Mae will end up creating more instability for the trillions in the bond market – investors will have to process millions of valuations with the physical attributes of the home collected by unlicensed, uninsured, and unprepared individuals getting paid $10-$25 per inspection. I had appraised many of the homes that burned down.
Expert insights. Personalized for you.
76 
Let's personalize your content