Appraisal Today

DECEMBER 8, 2023

The last unit they bought was in mid-2022 as far as I can tell… To read more, plus the 45+ appraiser comments, Click Here Investor Home Purchases Are Down Over 40% in Sun Belt Pandemic. Investor purchases of U.S. ”… Question 2: does the lending industry owe the appraiser a living? homes dropped 29.7% percent from 7.37

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Appraisal Real Estate Contracts Design 67

Appraisal Today

APRIL 14, 2023

The terms “entrepreneurial incentive” and “entrepreneurial profit” are typically discussed in terms of investment property, but the principles involved can also be applied to the many fixer-uppers—whether the buyer is a “purely investor type” or an “owner occupied investor type.” percent from 6.40 percent, with points decreasing to 0.55

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Appraisal Bracketing Contracts Valuation 52

Appraisal Today

MARCH 31, 2023

Fannie sells their loans to investors. The AMC insists that as long as I disclose in the addendum that the zoning is currently ‘illegal,’ then I can mark on the first page as ‘Legal.’” Mortgage Lending In Q4 Hit Lowest Point Since 2014 Refinance mortgage originations hit low point this century. You already know.Clear the Tracks!

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Appraisal Contracts Inspection Clients 52

The Robert Weiler Company

OCTOBER 21, 2022

The information that arises helps enlighten those who own, manage, sell, lend money, or invest in commercial real estate property. Investors can place their confidence in a licensed commercial real estate appraiser, especially one who is reputable and familiar with the local market.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

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

Appraisal Today

DECEMBER 16, 2022

Lenders want a compliant document that allows the loan package to be sold as quickly as possible, while investors want an appraisal that allows for securitization or resale to another downstream buyer. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 6.42

Modernization 52

Modernization Appraisal Contracts Real Estate 52

Housing Wire

APRIL 27, 2023

But the caveat, of course, is that all bets are off if there’s a more meaningful contraction in lending [in the wake of recent bank failures and other economic factors] because then you’re in serious trouble,” Petrosinelli added.

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Renovations Investing Real Estate Marketing 302

Will Springer Realtor

APRIL 6, 2021

Condo bylaws, covenants and other legal documents usually lay out in specific terms who is responsible for what.). Most other banks sell off the mortgage to others – such as Fannie, Freddie or investors – to clear their ledger and sell more loans. Getting a mortgage is complicated for several reasons.

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HOA Mortgage Buyers Insurance 36

Will Springer Realtor

JULY 13, 2023

Moody’s Investors Service noted that banks hold approximately half of the $6T in commercial real estate debt, with the largest share maturing within the next three years, according to Reuters. It is lack of labor, land/lots, lumber/materials, lending for builders and land developers and ever-costly legal/regulatory costs,” he said.

Construction 36

Construction Supply Chain Real Estate Development 36

Housing Wire

APRIL 7, 2021

The CARES Act caused some confusion among servicers when it was first passed, however, Stevens worries that a foreclosure halt could potentially hurt relationships with investors long term. So I do suspect if they come out with this ruling, we might see legal challenges to it by somebody in the industry.”

Investors 382

Investors Legal Contracts Government 382

Appraisal Today

SEPTEMBER 9, 2022

The date of value can be a legal issue and the appraiser should not be the one accepting responsibility for whether the date of value is correct for whatever the use is (such as an estate tax return). Because of the housing shortage, investors are buying single-family residences. Those investors are buying in bulk. Excerpts: 2.

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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. Court of Appeals for the Third Circuit.

Legal 391

Legal Law Investors Finance 391