Remove Design Remove Inspection Remove Insurance Remove Modernization
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Going to Extremes

Appraisal Buzz

Does the cost of homeowners insurance affect the price of a home? In recent years, insurance companies have pulled out of some markets altogether after sustaining massive losses due to wildfires, flooding, and other climate-related disasters. In some markets, the answer is increasingly yes.

HOA 370
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Should You Buy a House with Knob and Tube Wiring?

Lamacchia Realty

However, the general rule of thumb is that it needs to be replaced in 60 days to obtain home insurance. No home insurance, no mortgage. Getting Insurance for a Home with Knob and Tube Wiring. Obtaining insurance for a home with knob and tube wiring comes with a specific set of requirements.

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How To Appraise Rural Properties

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. = Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? By Dallas T.

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Are these factors creating chaos in your mortgage lending ops?

Housing Wire

For example, a loan processor may use a modern LOS to order a flood certification, title report, AUS decision or data verifications, but once the order has been placed, what if the data doesn’t arrive? But unless the automation is specifically designed to solve these problems, it stands little chance of being effective.

Lending 278
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Race and the Property Valuation Industry

Appraisal Buzz

Only the wife was at home to greet the appraiser when they arrived to inspect her home. These color codes were designed to indicate where it was safe to insure mortgages. Anywhere African Americans lived or lived nearby, were colored red to indicate that these neighborhoods were too risky to insure mortgages.

Valuation 370
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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. This was the same process many of us underwent with the exterior-only (drive-by) inspections.

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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

Cosmetic repairs Examples MPR repairs Examples Conditions that require inspection Examples To read more, click here My comments: If you do FHA appraisals, read this blog post. I quit doing FHA appraisals in the mid-1980s because of the inspection requirements compared to conventional appraisals, that did not have the requirement.