Housing Wire

APRIL 22, 2024

Always include your contact information and a call to action, such as an offer for a free home valuation. We negotiated to get the sellers the highest price possible. Even if you’re months or even years away from moving, a seller’s prep session is one of the services I offer homeowners. Great news!

Real Estate 355

Real Estate Open Houses Brokerage Real Estate Agent 355

Appraisal Buzz

DECEMBER 27, 2021

Five months later, the frequency increased to 19%, leaving homebuyers to either pay more out of pocket or request the seller to lower their asking price. This temporary flexibility allowed appraisers to meet with sellers and conduct evaluations remotely so they could complete more work and maximize safety during the pandemic.

Appraisal 397

Appraisal Valuation Modernization Contracts 397

Housing Wire

AUGUST 3, 2023

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” The history of AI and where it is going The Turing Test was developed by Alan Turing in 1950. Artificial general intelligence (AGI) is, “AI that can learn and perform most intellectual tasks that human beings can, including AI development.”

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Housing Wire

FEBRUARY 7, 2023

The bulletin, issued quietly in mid-January, states that “although seller/servicers assign values to their MSRs, the enterprises [Fannie and Freddie] should have their own processes to evaluate the reasonableness of seller/servicer MSR values.” Independent mortgage companies on a net basis bought $1.6

Sellers 294

Sellers Investors Valuation Finance 294

Housing Wire

MAY 31, 2021

One of the most challenging aspects in a real estate transaction is the valuation process. A simple mistake could drastically slow down the process and frustrate lenders, home buyers and sellers. The platform can produce any type of valuation, including appraisal, hybrid or broker price opinion (BPO).

Inspection 196

Inspection Valuation Real Estate Real Estate Agent 196

Housing Wire

SEPTEMBER 7, 2023

Sellers want their listing broker to pay the buyer broker’s compensation because it will result in the most buyers being able to afford their house.” If the traditional practice of sellers paying for both sides of the agents ends, housing agencies will have to weigh in to determine ways for buyers to finance their agents’ comp, LOs noted.

Buyers 385

Buyers Agents Loan Officers Real Estate 385

Housing Wire

MARCH 3, 2021

The case studies were developed using data collected by the Appraisal Foundation of all the USPAP-related questions received. states and territories require appraisal licensure for valuation work on federally regulated institutions, and 35 of those states and territories require appraisal licensure for all valuation work performed.

Appraisal 355

Appraisal Law Valuation Inspection 355

Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. Next, he has his buyers write a letter to the seller, a practice that has come under scrutiny lately for creating potential biases.

Clients 388

Clients Agents Buyers Sellers 388

Appraisal Buzz

JUNE 3, 2024

This is a reality that many sellers are unwilling to accept unless they are forced to. Many current sellers have begun a renovation but have run out of money prematurely as inflation has caused cost overruns and capital is less available to fund shortfalls. Exit Strategy: Develop a clear exit strategy before making an investment.

Investors 195

Investors Marketing Real Estate Renovations 195

Housing Wire

AUGUST 11, 2020

One tool I used for a time to level this playing field was seller-funded down payment assistance. In 2002, to protect lenders, I cofounded and organized an industry association called HAND, whose mission was to educate the mortgage industry on the proper utilization of seller funded DPA, and to curb risky practices.

Government 418

Government Sellers Development Mortgage 418

Housing Wire

MARCH 23, 2021

In a pilot program we developed, a technology solution was able to successfully scan a small batch of loans to detect undisclosed property liabilities such as tax liens and child support/alimony payments. As fraud in mortgage becomes more sophisticated, so must we.

Lending 423

Lending Mortgage Sellers Technology 423

Eppraisal

JANUARY 29, 2023

Contacting the Seller The first question a buyer must answer is whether the lot is listed for sale or not. For a property that is listed with a real estate broker, the prospective purchaser should retain an experienced buyer's real estate broker to facilitate negotiations with the seller's broker.

Development 36

Development Counter Offer Easement Legal 36

Housing Wire

APRIL 1, 2024

However, during the company’s valuation process, when financial professionals reviewed its books, discoveries of aviation purchases led him to confront Kortas, resulting in his termination as president of NEXA, Grella added. As a result, Grella started conversations related to a buyout in November, he told HousingWire.

Brokerage 353

Brokerage Business Loan Officers Legal 353

Housing Wire

JANUARY 14, 2022

Founded in 2000, Scottsdale, Arizona-based HomeSmart is the seventh largest brokerage in the country by transaction sides, or how many times a HomeSmart agent represented the buyer or seller in a deal, according to RealTrends. HomeSmart has yet to give itself a valuation or declare how much money it seeks to raise in a public offering.

Brokerage 405

Brokerage Agents Real Estate Loan Officers 405

The Robert Weiler Company

SEPTEMBER 18, 2022

As a land buyer, owner, or seller, understanding the true market value of the real estate in question is important. Land appraisal is a process of assessing the land value and then developing an opinion of value. Licensed land valuations vastly differ from building valuations. We dive into these areas, below.

Appraisal 78

Appraisal Valuation Real Estate Market Value 78

Housing Wire

MARCH 21, 2022

That shouldn’t start with the wishful determination of the multiple one might wish for in selling a business, nor the lowest possible valuation for the target of an acquisition. Know thy buyer (or seller). Similarly, if you’re making the acquisition, your seller’s motivation should also inform your strategy. Know thyself.

Business 323

Business Sellers Buyers Valuation 323

Housing Wire

APRIL 19, 2023

The interest in the smaller structures that were hot sellers during the pandemic has ceded ground to a surge in inquiries about ADUs with bathrooms, kitchenettes and the full suite of HVAC, plumbing, and electrical service. or better ROI in those markets.

Buyers 337

Buyers Real Estate Construction Finance 337

Lamacchia Realty

NOVEMBER 21, 2023

Staying informed of market fluctuations and trends, they provide insights into neighborhood developments and pricing strategies. They predict how current economic developments might influence local real estate, providing a strategic edge in decision-making.

Real Estate 57

Real Estate Real Estate Agent Valuation Local Properties 57

AmeriMac

DECEMBER 30, 2023

Understanding the process and implications of these appraisals is crucial for both homebuyers and sellers. Whether you’re a first-time homebuyer or a seasoned seller, this guide will provide you with all the information you need to make informed decisions during real estate transactions involving REO appraisals.

Real Estate 36

Real Estate Appraisal Inspection Appraisal Process 36

Housing Wire

MAY 2, 2021

One of the first steps in determining a property’s value is the use of an Automated Valuation Model (AVM). Total Home Value x (THV x ) from CoreLogic is a state-of-the-art AVM built to simplify and standardize valuation through the loan lifecycle. With that said, not every AVM is created equal.

Valuation 354

Valuation Home Value Lending Technology 354

The Robert Weiler Company

SEPTEMBER 30, 2020

In most instances, such as public development projects or litigation cases, the commercial appraisal review is a mandatory examination of an appraisal report to spot mistakes, address errors in a CRE appraiser’s judgment or update information based on changing conditions due to the passage of time. Grant Applications.

Real Estate 137

Real Estate Appraisal Property Appraisal Valuation 137

Birmingham Appraisal

FEBRUARY 20, 2024

The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible. For the above reasons, it is very important for accurate valuations during the home-buying process.

Agents 87

Agents Appraisal Real Estate Agent Bracketing 87

AmeriMac

APRIL 30, 2024

A commercial appraisal serves as a basis for negotiations between buyers and sellers, as it provides an objective assessment of a property’s worth. For buyers, it helps in determining a fair price to offer, while sellers can use it to showcase the value of their property.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

D Fritz Appraisals

JANUARY 8, 2022

Also known as UAS (Unmanned Aerial Systems), drones help build an impressive amount of information for real estate marketing and valuation. . Land development, landscaping, paths, roads, parks, schools and other amenities nearby all contribute to a real estate appraisal.

Real Estate 88

Real Estate Appraisal Inspection Real Estate Agent 88

Raleigh Realty

FEBRUARY 19, 2022

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Just because the home hasn't been lived in, doesn't mean the valuation couldn't be off. Often new constructions don't have developed yards. The second is the seller negotiates back.

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

Will Springer Realtor

OCTOBER 19, 2021

The home is under contact, seller and buyer have agreed to terms. Enter the appraiser, someone who has probably never visited the property – or possibly even the neighborhood – and who will use his/her expertise to develop a valuation on the home. may be two words a seller and buyer shout if the appraisal is too low.).

Contracts 41

Contracts Appraisal Sellers Real Estate Agent 41

Birmingham Appraisal

MAY 21, 2024

Additionally, it’s wise to look into future development plans in the area as they could either boost or detract from your home’s value in the long run. Keep an eye on the neighborhood’s growth trends and planned developments. These features can significantly enhance the desirability and therefore the value of a property.

Home Value 68

Home Value Architecture Renovations Real Estate 68

Realtor

NOVEMBER 21, 2018

The proposal was developed by the Federal Deposit Insurance Corp., They include Federal Housing Administration, Department of Housing and Urban Development, and Department of Veterans Affairs mortgages as well as those guaranteed by Fannie Mae and Freddie Mac. It could take months, if not years, to be approved. government.

Appraisal 78

Appraisal Sellers Government Real Estate 78

Realtor

NOVEMBER 21, 2018

The proposal was developed by the Federal Deposit Insurance Corp., They include Federal Housing Administration, Department of Housing and Urban Development, and Department of Veterans Affairs mortgages as well as those guaranteed by Fannie Mae and Freddie Mac. It could take months, if not years, to be approved. government.

Appraisal 78

Appraisal Sellers Government Real Estate 78

Appraisal Buzz

OCTOBER 4, 2021

An appraisal falling below the contracted sale price may allow a buyer to renegotiate with a seller, but it could also mean families might miss out on the full wealth-building benefits of homeownership or may be unable to get the financing needed to achieve the American Dream in the first place. “Our

Valuation 370

Valuation Appraisal Contracts Finance 370

Clear Capital

NOVEMBER 15, 2021

As a separate matter, sellers also have the option to get their own pre-listing appraisal for the purposes of setting an asking price. Anytime a house sells to a buyer who is financing their purchase, the lender will require a third-party appraisal to verify the value of the property and determine what they’re willing to lend.

Appraisal 36

Appraisal Real Estate Sellers Home Value 36

Simonson Real Estate

JUNE 10, 2020

This is good for the buyer, the seller, the lender, and the appraiser. These factors affect the seller and lender as well. When we do hear back from a client with a different opinion regarding our valuation, it’s vital for the appraiser to maintain an open mind and listen to the other point of view. Contact him today!

Real Estate 148

Real Estate Appraisal Clients Valuation 148

Padove Appraisal Service

OCTOBER 21, 2017

These sources include the tax assessor, the seller, or the listing agent. A common source of Total Building Area , particularly for residences in tract home developments, is building plans provided to the tax assessor by the developer. Agents seldom measure houses themselves. The tax assessor discloses Total Building Area.

Real Estate Agent 78

Real Estate Agent Real Estate Property Taxes Agents 78

Simonson Real Estate

FEBRUARY 26, 2021

Simonson Appraisals had a unique opportunity to do a deep dive in 2020 to develop an understanding of the impact of multiple factors affecting the Minneapolis apartment market. Rents have increased over several years to the point where developers are building new product. Vacancy rates have been at an all-time low for several years.

Landlords 117

Landlords Tenants Buyers Development 117

Appraisal Today

JUNE 23, 2023

Fannie has been upfront about its interest in developing appraisal “alternatives.” Both Fannie and Freddie insist that appraisers remain an integral part of the valuation landscape and demand for appraisal services will continue into the future. They also play a vital role in supporting accountants in various financial matters.

Appraisal 89

Appraisal Real Estate Valuation Contracts 89

The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Portland Appraisal Blog

AUGUST 8, 2020

years ago when there have been many[,] many sales in this development just in the last year?” Examples: Estate Tax : When a family member with property passes away an appraisal report with a valuation date as of the date of death is often needed. One agent said, “I thought you guys could only use comps going back 6 months.”

Appraisal 78

Appraisal Bracketing Lending Agents 78