Housing Wire
APRIL 6, 2021
It had a large, fenced-in yard, modern appliances in an updated kitchen, a “man cave” for her husband, beamed ceilings, a massive master suite and was located in a good school district. For example, one client had a home under contract for $983,000 and the list/appraised value was just $900,000, the LO said. million,” he added.
Appraisal Today
APRIL 5, 2024
Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.91 from 0.60 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.
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Appraisal Today
FEBRUARY 23, 2024
Resembling a modern French Chteau, it features a freshwater lake, manicured gardens, and three levels of luxurious living spaces. This will save time, especially when consumers request a Reconsideration of Value. from 0.65 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans. percent from 6.87
Appraisal Today
SEPTEMBER 9, 2022
Excerpts: Suggested protocols for responding to Reconsideration of Value requests. Click here to listen to Tim Andersen, MAI’s podcast, “Reconsiderations of Value: Satan’s Own Seed, Right?” The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 5.94
Housing Wire
NOVEMBER 30, 2021
The movement to embrace appraisal modernization techniques also holds the promise of removing the potential for racial bias, better supporting efforts to remove valuation gaps that persist in minority neighborhoods. of the properties in Black neighborhoods receive appraisal values lower than the contract price versus 7.4%
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