Appraisal Today

FEBRUARY 9, 2024

An Inside Look at E&O By Peter Christensen Excerpts: There is no law requiring that real estate appraisers must have professional liability insurance – or E&O insurance as it is often called – except in one state. His law practice is dedicated to valuation issues. The average contract interest rate for 5/1 ARMs decreased to 6.14

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Appraisal Contracts Insurance Construction 79

Birmingham Appraisal

NOVEMBER 14, 2023

The contract price and appraisal value will need to line up or the buyer will not be able to get a loan to pay for the property. This is commonly known as the law of diminishing returns. Buyers are frequently drawn to specific neighborhoods for reasons such as safety, walkability, or access to public transportation.

Market Value 85

Market Value Agents Appraisal Bracketing 85

Hank Miller Team

OCTOBER 22, 2021

But…some questions about illness or disease may get into conflict with Fair Housing laws and if that happens, they may cite that conflict and decline to respond. A buyer that waives due diligence, fails to understand the law and/or works with a buyer agent that doesn’t properly guide them is buying trouble.

Sellers 52

Sellers Transportation Law Buyers 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

Will Springer Realtor

MAY 9, 2023

month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 The pending law is on the governor’s desk awaiting his signature. Four other residences have traded hands this year and two more are under contract for sale. Kitchen and bath professionals are reporting 3.9-month

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Will Springer Realtor

MAY 12, 2021

They range from restrictive zoning (NIMBY) laws, the high cost of building in an urban area and a depleted labor force. The law (once signed by the governor) will lift limits on the number of unrelated people living in an ADU. These laws take effect in July. The Seattle Times also covered this topic recently.).

Real Estate 36

Real Estate Inventory Buyers Construction 36

Will Springer Realtor

APRIL 11, 2022

As they loosen regulations on the addition of accessory dwelling units (aka mother-in-laws), so too are municipalities dropping requirements for off-street parking within walking distance of a transit hub. Interior work continues on lower floors and the sales team expects to begin closing on contracts within the month.

Construction 36

Construction Development Inventory Buyers 36

Will Springer Realtor

AUGUST 9, 2022

Most zoning laws grant units up to 1000 sq. Also known as a mother-in-law or cottage, the dwellings can offer viable housing to younger buyers seeking to save for their first home or enable seniors to age within a familiar neighborhood. The number of new homes for sale fell 19% (4009) across the county from June to July and 9.5%

Inventory 36

Inventory Buyers New Listings Construction 36

Will Springer Realtor

JUNE 9, 2023

Laws added to the state books this year will certainly go a long way to boost density, particularly near transit hubs, as well as the removal of obstacles toward building accessory dwelling units on nearly any single-family-zoned home. could potentially generate thousands of homes in areas already served by public transportation.

Buyers 36

Buyers Transportation Housing Market Law 36

Will Springer Realtor

JULY 9, 2021

In calling for rezoning laws to accommodate this concept, Gladney identified five keys that communities should keep in mind when designing their 15-minute neighborhood: Think in terms of mixed-use development, such as a blend of housing, commercial usage and small-scale manufacturing. Promote racial and income equity.

Buyers 36

Buyers Development Transportation Inventory 36