Tue.Dec 29, 2020

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Katy Perry and Orlando Bloom drop $14.2 million on Montecito mansion

Housing Wire

Source: REUTERS / MARIO ANZUONI – stock.adobe.com. When it comes to Hollywood stars who want to high-tail it away from the prying eyes of Los Angeles, many head to the picturesque Santa Barbara County enclave of Montecito. So it’s no wonder that Katy Perry and Orlando Bloom, who just welcomed daughter Daisy Dove back in August , dropped $14.2 million on a nearly nine-acre compound in the peaceful seaside community just last month, according to Variety.

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Simplify the Complex: Don’t Miss These 3 Appraisal Math Webinars

McKissock

McKissock Learning is excited to announce that we’ll be hosting a three-part series of “Appraisal Math” webinars, presented by Dr. Sam Martin. Beginning with the first session on Wednesday, January 13, 2021 , these one-hour, non-credit Pro-Series webinars will focus on solving math problems similar to those found on the National Appraiser Licensing and Certification Exams.

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Khloe Kardashian doubles her money with $15.5 million sale of sprawling Calabasas mansion

Housing Wire

Source: REUTERS / Danny Moloshok – stock.adobe.com. As you may know, the Kardashian family changes real estate faster than their hair color. And for fan favorite Khloe Kardashian, a recent move from her luxurious SoCal pad is paying off handsomely. Back in May, it was announced that the “Keeping Up with the Kardashians” star and Good American entrepreneur was preparing to list her sprawling estate in the sun-drenched California town of Calabasas, where many of her famous siblings, like Kou

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“But that bathroom cost me $27,000!”

Midtown Appraisal Group

When valuations don’t reflect the money the homeowner spent I hadn’t been an AACI for very long when it happened: I was doing an inspection of a pretty standard, older 3-bedroom bungalow outside of Hamilton, and the homeowner insisted I see the master bathroom first. “You have to see this!” he said, leading me toward […].

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Tech Rundown: Black Knight, Blend and Evolve Mortgage

Housing Wire

With 2020 finally coming to a close, several companies wrapped up this unprecedented year for housing with some brand-new mortgage tech for 2021. Data and analytics giant Black Knight made moves in the secondary mortgage market again, launching its Mandatory Analytics dashboard that will allow investors to analyze and benchmark their actions on the secondary market.

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How Refinancing Affects Real Estate Taxes

PennyMac

When you refinance your home, the process is similar to the one you followed when obtaining your original mortgage. Your finances will be verified and calculated, and your home will be appraised to determine its value to your potential lender. However, PennyMac also has many streamline products that don’t require income or asset verification. There are also products that do not require an appraisal.

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Here’s what mortgage forbearance looked like in 2020

Housing Wire

As the coronavirus began sweeping through the U.S. in March, many states issued shut-down orders for businesses, putting as many as 40 million people out of work by May. On March 27, Congress passed the CARES Act to offer economic relief to those affected by the shut-downs, expanding unemployment benefits and offering mortgage forbearance to homeowners with mortgages backed or insured by the federal government, including Freddie Mac , Fannie Mae , VA and FHA.

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