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Purchasing & Developing Land - Part 5 - Reselling It - Raw or Developed

Eppraisal

Owning raw land has real potential along with its share of pitfalls. Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition.

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4 ways to effectively train your title agency employees

Housing Wire

Develop a mentoring or coaching program Much has been made about the title industry’s silver tsunami — the anticipated departure of seasoned long-tenured professionals due to retirement. Hands-on training and experiential learning are crucial for developing a practical understanding of the intricate transactions and procedures of title work.

Training 388
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The Official 2022-2023 USPAP Update Course Is Now Available Online

Appraisal Buzz

The Foundation is pleased to once again partner with McKissock to develop online versions of the real property 2022-2023 7-Hour National USPAP Update Course. This is the 12th year that McKissock Learning has been the exclusive provider of The Appraisal Foundation’s national online USPAP update course.

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How to reduce appraisal turn times and improve the borrower experience

Housing Wire

As the appraisal industry struggles to meet demand, Voxtur has developed a solution to streamline the process. For appraisers, we have developed an end-to-end, encrypted, AI-driven platform to streamline scheduling, manage payments, and facilitate direct, real-time communication between stakeholders.

Appraisal 393
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FHFA unveils GSE duty to serve plans

Housing Wire

Although the lesser of the two government-sponsored enterprises by size, Freddie Mac was alone in committing to purchasing manufactured homes not titled as real property, or chattel loans, a key item affordable housing advocates had sought. Freddie Mac also recently preempted its larger counterpart on targeted lending programs.

Finance 382
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What Is a Reconciled Value?

Cleveland Appraisal Blog

The Sales Comparison approach, as the name implies, compares the property being appraised to other properties that a potential buyer might consider as a substitute for buying the property being appraised. Even if I do not include my development of the Cost Approach in my report, I have it in my work file.

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The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

The Sales Comparison Approach uses competing homes to develop an opinion of the market value of the property being appraised. The Income Approach uses potential income to develop an opinion of the market value of a property, when applicable. All three are market-based approaches. All three are market-based approaches.

Appraisal 302