CM Appraisals

APRIL 8, 2016

​Curious about how appraisers reconcile value? April 5, 2016 By Tom Horn After completing a pre listing appraisal assignment recently the homeowner asked me a question. He was interested in how I came up with the value I did given the range that the sales provided. Being able to explain the appraisal process to help inform and educate the public is one skill that they don’t tell you about when taking your basic appraisal courses.

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Appraisal Appraisal Process 78

Zillow

APRIL 12, 2016

At some point in the mortgage application process, you'll get asked questions about your race, ethnicity, gender, and age. Being asked to provide this information can often raise a question of your own: Why? Let's answer that question now. Clearing up anti-discrimination laws A law called the Equal Credit Opportunity Act (ECOA) enacted in 1974 makes it illegal for lenders to discriminate based on race, national origin, gender, age, marital status, or because one receives public assistance.

Law 41

Law Mortgage Government Lending 41

Mores Appraisal Group

APRIL 14, 2016

What is a Subrogation Appraisal? Subrogation is a term denoting a legal right that is reserved by most insurance carriers. Subrogation is the right for an insurer to pursue a third party that caused an insurance loss to the insured. This is done as a means of recovering the amount of the claim paid to the insured for the loss. Many times an insurance company will request a subrogation appraisal when there is a complete loss.

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Appraisal Insurance Legal 28

Zillow

APRIL 4, 2016

First-time home buyers aren't typically versed in the intricacies of agency disclosure, nor do they understand the concepts of a buyer's agent and seller's agent. They only know that the person they meet at an open house or email about a listing is an "agent." When they start getting more serious and want to inquire about a property, its price, condition or history, they typically direct their questions to the seller's agent - which presents an immediate conflict of interest.

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Agents Real Estate Agent Sellers Real Estate 28