Appraisal Today

APRIL 14, 2023

NOTE: Please scroll down to read the other topics in this long blog post on liability, appraisal errors, non-lender appraisals, Fannie non-appraisal options, unusual homes, mortgage origination stats, etc. It is a place where we can show our clients just how valuable an appraisal can be.

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

AmeriMac

JULY 25, 2022

This article discusses what an appraisal requires, why it needs to be reviewed and the methods involved in arriving at both conclusions. What Is an Appraisal? An appraisal is the fair valuation of a property based on a professional’s opinion, mainly if the payment method includes a mortgage.

Real Estate 36

Real Estate Appraisal Valuation Clients 36

The Robert Weiler Company

OCTOBER 15, 2021

As such, you must determine how involved you will be in the day-to-day administration of your property. If you are purchasing the commercial property for your business purposes, you must be prepared to keep that space occupied. The mortgage payments, utility fees, and maintenance costs are all on your shoulders.

Investing 138

Investing Real Estate Tenants Investors 138

PennyMac

JUNE 28, 2022

Getting a mortgage isn’t free, and closing on a house isn’t free. After all, you’re already paying a down payment, potentially a mortgage payment, and potentially other fees. From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home. Closing Fee. Courier Fee.

Insurance 36

Insurance Property Taxes Sellers Inspection 36

AmeriMac

JANUARY 3, 2022

Again, the appraisal process is in service of coming to an objective value for the home to make sure that buyers don’t pay anymore than it is actually worth. It’s also critical because most mortgage lenders won’t actually offer a loan for more than the home is actually worth, making appraisals a requirement for most buyers.

Appraisal 36

Appraisal Buyers Sellers Contracts 36

AmeriMac

JANUARY 3, 2022

Again, the appraisal process is in service of coming to an objective value for the home to make sure that buyers don’t pay anymore than it is actually worth. It’s also critical because most mortgage lenders won’t actually offer a loan for more than the home is actually worth, making appraisals a requirement for most buyers.

Appraisal 36

Appraisal Buyers Sellers Contracts 36

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.

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Valuation Technology Lending Real Estate 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. Appraisers have, in the past, fretted over liability and data reliability. Both GSEs argue that these approaches advance equity.

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Appraisal Valuation Inspection Law 338