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Mortgage Term Glossary

Assurance Financial

Mortgage Lending Terminology . If you plan to buy a home or refinance an existing mortgage, you’ll likely encounter mortgage loan terms and definitions that may be unfamiliar — especially if you’re buying a house for the first time. Adjustable-Rate Mortgage (ARM). Amortization. Annual Percentage Rate (APR).

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Property Values Continue to Rise, Refinance Apps Fall to 22-Month Low, and Other Appraisal News

McKissock

Government refinance applications fell for the sixth week in a row. HUD answers questions about its new inter-agency appraisal bias task force. JPMorgan Chase has donated $3 million to the Appraiser Diversity Initiative. ” The refinance share of mortgage activity dropped from 62.2% week-over-week.”

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Apps for Appraisers

Appraisal Today

Designed and built by world-renowned contractor, Matt Construction, interior designers Meyer Davis and architects Shubin + Donaldson, no expense was spared in constructing this exceptional estate over a six-year period. Some appraisers are very busy, and others have little work. baths, 34,380 square feet, 2.65

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Appraiser Liability Risks

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on AVMs and AI, good appraisal book, Real estate market, Fannie, non-lender appraisals, unusual homes, mortgage origination stats, etc. He designed the estate, completed in 2000, from the ground up.

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser. Question 1: What is a commercial real estate appraisal? All commercial real estate appraisers must follow a very strict code of ethics and rules.

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How To Appraise Rural Properties

Appraisal Today

Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics. Kiedrowski The most recent statistics show Value Acceptance accounts for up to 40% of all mortgage approvals.

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Why Do Home Appraisals Cost so Much?

AmeriMac

Regardless of whether you’re purchasing a new house or revamping your mortgage, getting an appraisal is a critical part of the process. During a home appraisal, a professional determines your home’s worth before putting it on the market. Refinancing your home includes replacing the old mortgage with a brand new one.