Housing Wire

APRIL 21, 2021

The regulator is also advancing permanent changes to be made in the appraisal space. ” While some flexibilities are meeting their end, the FHFA said it will extend alternative appraisals on purchase and rate-term refinance loans out another month until May 31, 2021.

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Real Estate Agent Valuation Appraisal Modernization 397

Housing Wire

DECEMBER 28, 2020

The Federal Housing Finance Agency (FHFA) announced Monday it is requesting input on the appraisal policies, practices and processes of Fannie Mae and Freddie Mac, especially as it relates to the GSEs’ appraisal modernization efforts. The Request for Input (RFI) – open to comment until Feb.

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Appraisal Modernization Valuation Appraisal Process 458

Padove Appraisal Service

NOVEMBER 27, 2022

It’s important to recognize that national news coverage of the housing market does not necessarily reflect local activity. The Philadelphia area has many submarkets. Market areas are often defined by school district. Nationwide housing trends do not accurately portray market conditions facing a home in Upper Darby.

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Housing Market Marketing Appraisal Real Estate 145

Housing Wire

OCTOBER 15, 2020

StreetEasy , a real estate platform for buying, selling, and renting homes across New York City and New Jersey, has launched StreetEasy Valuation, an AI-powered home valuation tool. Estimates are viewable by owners only, and availability is subject to sufficient data for a given home, StreetEasy said.

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Valuation Tools Market Value Real Estate 370

McKissock

APRIL 20, 2021

But with a majority of the mortgage appraisal volume being engaged through appraisal management companies, as an appraiser, working with AMCs is almost a necessity today. Here are ten tips designed to help you improve your appraiser score, get more assignments close to home, and earn more money working with AMCs.

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Appraisal Inspection Clients Appraisal Process 91

Appraisal Today

JULY 14, 2023

Recent Appraisal Buzz survey Measuring tape – over half Laser – less than half Guesstimate – a few, but way too many! Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Phone app. – The 8,000+ sq. 3 bedrooms.

Tools 76

Tools Appraisal Insurance Contracts 76

Town & Country Residential Appraisals

AUGUST 14, 2023

You would have to be living under a rock or in an area that is completely off grid to not be somewhat aware that real estate prices have been fluctuating and increasing significantly in many areas over the past couple of years. Your home is likely one of your most significant assets.

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Property Taxes Home Value Insurance Renovations 43

Appraisal Today

NOVEMBER 24, 2023

The Surfing Appraiser Riding the Waves of Up and Down Mortgage Rates By Mark Buhler Excerpts: Riding the waves of the appraisal profession can result in a range of outcomes and emotions over time. Appraisers, and surfers, have varying levels of experience, and experiences. Appraisers were busy cranking out appraisal reports.

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Appraisal Mortgage Business Contracts 74

Clear Capital

MARCH 2, 2023

Clear Capital Announces Universal Data Collection in Support of Fannie Mae Appraisal Modernization Policy Changes UDC data set provides lenders with immediate national scalability, interchangeability and less complexity for loan management Reno, Nev.

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Modernization Appraisal Valuation Real Estate 69

Chicagoland Appraisal Blog

FEBRUARY 28, 2018

If you have a deficient condition such as this you may want to repair it prior to an FHA Appraisal. Appraisers must operate faucets to observe water pressure and flow. This is an example that there is low water pressure and an FHA appraisal will be made subject to repair. Did I leave anything out?

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Appraisal Tips Appraisal Property Appraisal Inspection 78

Town & Country Residential Appraisals

DECEMBER 4, 2023

If you own or are looking to purchase an older home, there might be lurking in your home something that could affect its value – knob and tube wiring. Due to the age of many homes in Westmoreland County, I still see plenty of homes with some functioning knob and tube wiring. What Is Knob and Tube Wiring?

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Home Value Insurance Buyers Modernization 56

Appraisal Today

MARCH 22, 2024

For instance, in the subject’s market, a mountain view could significantly impact the demand and marketability of a vacation condominium home. Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!!

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Appraisal Contracts Business Insurance 65

D Fritz Appraisals

JANUARY 8, 2022

Drones used for real estate photography can provide detailed data for everyone involved in the purchase or sale of a home or business. Seeing how useful aerial photography has been in creating real estate listings, real estate appraisers are now also beginning to see the value in adding drone technology to their toolkits. .

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Real Estate Appraisal Inspection Real Estate Agent 88

Cleveland Appraisal Blog

SEPTEMBER 23, 2022

In this article, she offers some great tips on traveling between homes with our pets. Owning a home in another state can be a challenge with travel, organization, and house maintenance tasks. When you travel frequently between your first and second home, you also have to consider your pet’s needs. Have Pet Supplies in Each Home.

Insurance 61

Insurance Appraisal Property Taxes Real Estate 61

Appraisal Today

AUGUST 18, 2023

7 Must-Have Apps for Appraisers By: McKissock Excerpts: 1. Dragon is very well-liked among appraisal professionals, making it number one on our list of must-have apps for appraisers. Genius Scan This app gets a lot of love from appraisers. Dragon has been around a long time and is popular with commercial appraisers.

Appraisal 74

Appraisal Contracts Inspection Real Estate 74

Clear Capital

FEBRUARY 23, 2024

Shared equity programs are growing across the country, and lenders and appraisers should understand the nuances of these programs to ensure accurate valuations. For example, a home in a shared equity program is sold at a below-market price, affordable to those making less than 80% of the Area Median Income.

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Valuation Market Value Contracts Appraisal 36

Appraisal Today

JULY 1, 2022

Excerpts: Appraisers, this article was prompted by my ‘coming in contact with several appraisal reports where different regional appraisers report the physical location of the subject property “in” a particular City associated with the postal ZIP Code for that City. Appraisal Business Tips . Humor for Appraisers.

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Appraisal Contracts Insurance Real Estate 52

Empire Appraisal Group

JUNE 24, 2021

As another hurricane season bears down on the state, more than 50,000 Florida home insurance customers will soon receive notices that their policies have been canceled or won’t be renewed. More and more companies are deciding it’s too expensive to insure homes that don’t conform to current building codes, he said. TALLAHASSEE, Fla. –

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Clear Capital

DECEMBER 15, 2021

New technology furthers Clear Capital’s efforts to modernize the appraisal process. The technology was developed by Clear Capital’s data science team to further streamline the appraisal process and equip lenders with technology that powers low-risk, high-quality decisions.

Appraisal 69

Appraisal Technology Appraisal Process Valuation 69

Clear Capital

MARCH 30, 2022

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. Clear Capital ® , a national real estate valuation technology company, has announced the launch of Desktop Appraisal and Desktop Data Collection , two products designed to further modernize and increase certainty in the appraisal process.

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Appraisal Valuation Real Estate Modernization 69

Chicagoland Appraisal Blog

JULY 13, 2017

I came across a Facebook post from an appraiser friend of mine about an article written in the Chicago Tribune titled Homebuyers who pay cash win deals as appraisals derail sale in tight Chicago market. The title is definitely eye-catching especially to an appraiser in Chicago. How often do realtors attend home appraisals?

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Appraisal Marketing Realtors Real Estate 78

Chicagoland Appraisal Blog

MARCH 14, 2017

Althoff in the Illinois Senate introduced legislation that would remove a provision requiring written disclosure to a mortgage loan applicant of the total compensation paid to the real estate appraiser when the home appraisal has been ordered through an appraisal management company. Let me know in the comments below.

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Appraisal Real Estate Property Appraisal Loan Officers 78

Dart Appraisal

DECEMBER 15, 2020

15, 2020 (GLOBE NEWSWIRE) — Dart Appraisal, a nationwide appraisal management company (AMC), announced that it has acquired USAMC, a nationwide appraisal management company based near Atlanta, GA. Dart’s size and reach will allow USAMC appraisers to expand and grow their business. AQUISITION OF USAMC. TROY, Mich.,

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Clients Valuation Appraisal Retail 69

Zillow

JULY 15, 2019

Appraisal management company (AMC) : An institution operated independently of a lender that, once notified by a lender, orders a home appraisal. Approved for short sale : A term that indicates that a homeowner’s bank has approved a reduced listing price on a home, and the home is ready for resale.

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Real Estate Agent Insurance Inspection Buyers 56

Clear Capital

JUNE 30, 2021

Partnering with Recursion lets us develop more accurate models that will help us achieve goals in these areas and in a more timely manner. We’re looking forward to all that’s to come through this partnership with Recursion’s founder Li and the team.”. “By

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Valuation Mortgage Tools Real Estate 69

Appraisal Today

FEBRUARY 24, 2023

What Level Appraiser Are You? What is the mark of an appraiser who is at the top of his or her “game”? For example, are you competent to prepare an entire appraisal from start to finish? But what if the appraisal form was completely blank with no boilerplate text? A Level 1 appraiser checks boxes.

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Appraisal Architecture Valuation Business 52

Assurance Financial

APRIL 29, 2021

If you plan to buy a home or refinance an existing mortgage, you’ll likely encounter mortgage loan terms and definitions that may be unfamiliar — especially if you’re buying a house for the first time. Use the home loan glossary below to get familiar with terms and definitions that might be new to you. Assessed Value.

Mortgage 69

Mortgage Insurance Sellers Inspection 69

Appraisal Today

OCTOBER 21, 2022

Appraisers and Local Market Analysis. When you are in a metropolitan statistical area like Charlottesville and Waynesboro/Staunton you get some reporting from the local news. As an appraiser, it is super important to understand how to gather and analyze relative data. Appraisal Neighborhood Analysis. Humor for Appraisers.

Appraisal 52

Appraisal Marketing Contracts Insurance 52

The Robert Weiler Company

JANUARY 7, 2021

Will you, as well as your employees, customers, and other visitors, have access to a parking lot or parking area? comprehensive public liability insurance, fire and extended coverage insurance)? Since 1938, three generations of Weilers have helped to transform Columbus, Ohio into a thriving community that business owners can call home.

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Landlords Tenants Real Estate Law 148

PennyMac

JUNE 28, 2022

When you’re ready to close on your new home, you’ll find there’s one more round of payments to make: closing costs. There are costs through this last phase of the process of buying your home. We’ll walk you through all the details of closing costs and how to navigate through the last part of closing on your new home.

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Insurance Property Taxes Sellers Inspection 36

Boston Appraisal

JANUARY 12, 2024

However, appraising these properties can be challenging, as they require a different approach than traditional residential or commercial properties. Appraisers analyze the legal, physical, and economic factors that affect the highest and best use of the property, and then compare the value of the property under different scenarios.

Real Estate 60

Real Estate Appraisal Legal Insurance 60

Appraisal Today

OCTOBER 14, 2022

Appraisal Risk, Reviews, and Revisions. Excerpts: This is part three of a three part series on appraisal review – Read parts one and two. I am often posed with the following question “How do you know when you are looking at a “good” appraisal?” Appraisers and AMCs spend less time and have fewer hassles. By Ken Dicks.

Appraisal 52

Appraisal Insurance Real Estate Business 52

The Robert Weiler Company

MARCH 15, 2021

Built on land that was once home to the Sunshine Terrace 11-story tower, part of the Riverside Bradley public housing complex was torn down in 2012 to make way for the innovative undertaking. But for commercial real estate developers, brokerage firms, and appraisers, there’s another story hiding in plain sight. Funeral homes.

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Appraisal Property Appraisal Real Estate Buyers 158

Raleigh Realty

AUGUST 20, 2022

Hidden Costs when Purchasing a Home There are hidden costs when buying a home, including closing costs, insurance, or utility costs. When many buyers consider the cost of purchasing a home, the mortgage payment is typically the expense that immediately comes to mind. This is one thing many buyers don't realize.

Property Taxes 78

Property Taxes Real Estate Agent Insurance Real Estate 78

Clear Capital

MAY 24, 2022

Each year, technology plays more of a role in valuing homes for property appraisals , loan originations, secondary market investments, and even portfolio monitoring. Mortgage lenders, real estate agents, and appraisers use AVM technology for property valuations of both residential and commercial real estate. .

Housing Market 69

Housing Market Valuation Marketing Real Estate 69

Appraisal Today

SEPTEMBER 29, 2023

How to Identify a Single-Family with ADU vs. Two-Family Property By McKissock Excerpts: The presence of an additional living unit can complicate the appraisal process. It may make it difficult for you, the appraiser, to know how to classify the subject property. Topics include: ADU meaning and types What is a two-family property?

Insurance 78

Insurance Appraisal Contracts Mortgage 78

Housing Wire

MARCH 3, 2022

A vertical which has seen a strong digital push is mortgages, with consumers, lenders and other agents increasingly using online tools and services to apply for and process home sales. I think it’s the first time that the area has really seen that, which is pretty cool. Nora Apsel, Morty co-founder and CEO.

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Mortgage Technology Real Estate Investing 370