article thumbnail

7 best real estate schools in Illinois (IL) for 2024

Housing Wire

Participants choose from designated class dates. Covers license law, real property, agency, state & federal laws, advertising, valuation, finance, real estate calculations, contracts & more + 15-hr Applied Real Estate Principles, an interactive course Leap Learning 60-hr Online Topics Package $419 60 of required 75 hrs.

article thumbnail

Make Your First Investment Property an Attractive and Profitable Option

Cleveland Appraisal Blog

When you’re about to buy your first real property outside of your primary residence, you should know whether you’re going into it with the intention of renting or if you want to flip and make an immediate profit. When you’re figuring out how much money you can put into your property, don’t forget to calculate renovations.

Investing 332
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Agent vs. REALTOR®: Why the Difference Matters

Lamacchia Realty

AGENT VS. REALTOR: WHY THE DIFFERENCE MATTERS Often, we hear the terms “real estate agent” and “REALTOR ®” being used synonymously. To the everyday buyer and seller , they may not think there is much of a difference between the two. MLS is an extensive database of properties on the market.

article thumbnail

Remote online notarization is the proper path forward for digital closings

Housing Wire

Earlier this year, Fannie Mae and Freddie Mac modified their Seller Guides and provided guidance on several policy areas to support mortgage originations. The FHFA reported that lenders have accelerated their e-mortgage implementation plans because of social distancing requirements and borrowers’ desire to conduct business remotely.

Law 437
article thumbnail

Commercial Real Estate Appraisal Review: Essential Handbook to a Necessary and Influential 2nd Opinion

The Robert Weiler Company

Licensed and qualified real estate appraisers typically perform appraisal reviews. Commercial real estate appraisal is a profession with specific training, regulations, and professional designations. Published by the Appraisal Institute, this book defines a real property valuation review process model as an organizing tool.

article thumbnail

NAR Member Survey on Appraisal Data Collectors

Appraisal Today

Using MLS photos is a joke, as real estate agents don’t take photos of defects. A buyer gets a seller’s disclosure statement for that information. When I started in this business long ago, there was no such thing as a licensed appraiser or a certified real property appraiser. Desert Stream Runs Through This $3.3M

article thumbnail

Appraiser Gets Subpoena – What to Do 3-17-23

Appraisal Today

This statement definitely applies in the appraisal of real property. That means that the market is losing buyers looking to move up and losing sellers looking to move up, so this lock-in effect is constraining both sides of the market. In statistical analysis, a commonly used phrase is: “Correlation does not mean causation.”