Housing Wire

FEBRUARY 14, 2024

Since the Federal Deposit Insurance Corporation (FDIC) insures only up $250,000, the banks’ wealthier customers panicked and demanded all of their money immediately. 1, the company had lost 45% of its market value. trillion in commercial real estate debt comes due in the next three years.

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Mortgage Real Estate Insurance Tenants 378

Miller Samuel

MARCH 19, 2019

In the original 2014 proposal by the Fiscal Policy Institute, the first item in the proposal is off to a bad start as they describe what happened in the market: These owners bid up the price of NYC residential real estate, and since they don’t spend much time in these units, contribute little to the local economy compared to full-time residents.

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Real Estate Law Development Investors 370

Housing Wire

OCTOBER 10, 2023

All are violations of the 1974 Real Estate Settlement Procedures Act (RESPA) … or maybe they aren’t — it depends on the circumstances and who you ask. That’s because real estate agents and loan officers are in survival mode and desperate to close new business. But that comes with some caveats.

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Real Estate Agent Loan Officers Real Estate Agents 410

East Coast Appraisal

SEPTEMBER 26, 2023

The appraisal process is critical to real estate transactions. Qualification and Licensing Ensure the real estate appraiser is qualified and licensed. Property appraisers use several forms of insurance coverage to protect their business. Below are tips to help you get the right appraiser.

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Real Estate Appraisal Property Appraisal Insurance 52

Will Springer Realtor

FEBRUARY 27, 2024

The world of residential real estate can be a fast-paced business, where deals are struck, fortunes made … and danger potentially lurks just below the surface. It’s not exactly new: Hackers have been targeting American consumers as well as real estate professionals for many years in an attempt to steal money.

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Real Estate Sellers Real Estate Agent Buyers 61

Appraisal Buzz

JULY 18, 2022

Assuming a $250,000 loan was committed on December 31, 2021, your monthly payment was approximately $1,007 exclusive of escrow for real estate taxes and insurance. In Lancaster City, for example, we must be weary that any sale going under agreement in less than 2 weeks in the current market is reflective of “market value.”

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Sellers Marketing Market Value Home Value 435

Appraisal Buzz

AUGUST 16, 2021

Fannie Mae defines market value in part as “the most probable price that a property should bring…” Thus, probability is the very foundation of the most common definition of market value. In other words, why are appraiser estimating market value below the contract price so often? Markets hate uncertainty.

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Market Value Buyers Appraisal Sellers 448

Housing Wire

FEBRUARY 21, 2023

High-volume home sellers are in a bit of a pickle in today’s market thanks to rapidly rising mortgage rates last year. We’re just trying to move inventory quickly,” said Lee Kearney, a Tampa, Florida-based real estate investor who has an inventory of between 15 and 20 homes for sale at any given time. “If

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Housing Market Renovations Marketing Retail 362

The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. Question 1: What is a commercial real estate appraisal? So, why do you need a commercial real estate appraisal?

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Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Hub

NOVEMBER 30, 2023

In the bustling real estate market of Toronto, understanding the true value of your residential property is more crucial than ever. Accurate Market Value Assessment: The primary benefit of a residential appraisal is the accurate assessment of your property’s market value.

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Appraisal Property Taxes Valuation Market Value 78

AmeriMac

APRIL 15, 2023

If you own or run a business, chances are you have some experience with commercial real estate. At some point, you may need to have a commercial real estate appraisal done as it plays a critical role in many aspects of the commercial real estate industry. What is it?

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Real Estate Appraisal Property Taxes Valuation 36

Housing Wire

MAY 26, 2023

The threat posed by wire fraud has commanded quite a bit of attention from the real estate ecosystem. In a vacant lot or seller impersonation scam, public records are searched to identify real estate that is free of mortgage or other liens, as well as the identity of the property owner. billion, up from $6.9

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Sellers Real Estate Realtors Real Estate Agent 364

Realtor

NOVEMBER 7, 2023

Costs of buying a home #2: Escrow account An escrow account is basically a way for your mortgage company to make sure you have enough money to cover related taxes and mortgage insurance. Costs of buying a home #7: Extra insurance If you live in a hazard-prone area, you might need to purchase extra insurance, like for flood.

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Inspection Insurance Sellers Buyers 196

D Fritz Appraisals

SEPTEMBER 13, 2021

Inheriting Real Estate – Should you Keep or Sell? Be sure to update the homeowner’s insurance policy. Contact the insurance company immediately, because it can potentially lapse if the house is unoccupied. Capital Gains Tax on Inherited Real Estate. Real Estate Inheritance Tax.

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Market Value Insurance Real Estate Appraisal 112

Simonson Real Estate

APRIL 27, 2020

We reference two important points – Guide Notes 10 and 12 from the Appraisal Institute – which are as follows: The analysis is being performed with as much current information and market feedback as possible. Changes after the date may affect the value. However, the appraiser can only work with what is available.

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Real Estate Appraisal Valuation Clients 78

Realvals

JUNE 18, 2023

In today’s dynamic market, there are many situations where you may need a real estate appraisal. An appraisal provides you with the clearest understanding of the value of your real estate. Estate Planning You can use appraisals for multiple purposes when it comes to estates and estate planning.

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Appraisal Property Taxes Real Estate Market Value 145

Miller Samuel

NOVEMBER 30, 2018

As we say in the petition , this change can impact several groups in particular: consumers, the taxpayers, the housing market and appraisers. One group not explicitly mentioned in the petition but impacted down the road are real estate agents and brokers. from an out of market area) and will also mortgage fraud supercharged.

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Appraisal Inspection Real Estate Agent Agents 300

Eppraisal

FEBRUARY 14, 2024

Closing costs are fees and expenses associated with finalizing a real estate transaction. These costs typically include a variety of fees, such as loan origination fees, appraisal fees, title insurance, escrow fees, and taxes. What are Closing Costs?

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Sellers Buyers Property Taxes Real Estate Agent 36

Realtor

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. As the home buyer of this piece of real estate, you’re entitled to choose the title company.

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Buyers Inspection Contracts Real Estate Agent 208

East Coast Appraisal

JULY 27, 2023

Investors employ diverse real estate appraisal and valuation methods that offer distinct benefits. Understanding these methods is essential for effective commercial and residential real estate valuation. This estimated value represents the subject property's market value as of the appraisal's effective date.

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Valuation Real Estate Market Value Property Taxes 52

Valcre

JUNE 17, 2022

Owners of commercial real estate often seek a professional appraisal when selling or refinancing their loans. Other times, appraisals are used as a means of determining accurate values for taxation purposes, among other considerations.

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Property Appraisal Appraisal Market Value Valuation 52

D Fritz Appraisals

FEBRUARY 22, 2023

Home equity is like having money in the bank, but it’s tied up in your real estate. It represents the difference between what they owe on their home and its current market value. Using equity to buy a second home can be attractive for those looking for additional real estate investments.

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Real Estate Investing Appraisal Market Value 124

Eppraisal

OCTOBER 23, 2023

The other party has no obligation to respond to you, but your real estate agent can reach out to learn their motivation for declining your proposal. Your real estate agents can go back and forth multiple times until all parties agree to everything or reach an impasse. The seller can pick a different one.

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Real Estate Agent Sellers Inspection Real Estate 69

Housing Wire

NOVEMBER 10, 2021

For example, an analysis from Mike DelPrete indicated that while Zillow wildly overpaid for homes in Phoenix and Atlanta, Opendoor forked over market value. Analysts have cited in-house mortgage lending and title insurance as a possible iBuyer move toward making money. The company bought 15,181 homes in quarter three.

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Housing Market Market Value Insurance Lending 294

McKissock

JULY 23, 2021

Every real estate appraiser is familiar with the terms “marketing time” and “exposure time,” but it’s not always clear why and how these are developed in everyday assignments when developing an opinion of market value. Several conditions are implicit to market value as defined by the Federal Agencies.

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Appraisal Marketing Market Value Development 99

AmeriMac

MAY 15, 2024

Appraisals play a significant role in determining the fair market value of a property and ensuring a successful relocation. Unlike a traditional mortgage appraisal that determines the market value of a property, a relocation appraisal focuses on estimating the sales price through prospective analysis.

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Appraisal Market Value Mortgage Appraisal Appraisal Process 36

Housing Wire

JUNE 11, 2021

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. For example, an appraiser will check the condition of the walls, roof, floors and the structure’s overall integrity.

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Inspection Appraisal Buyers Appraisal Process 423

Realtor

AUGUST 1, 2018

But in the middle of this process, someone asked us how much our mortgage insurance would be. “Mortgage insurance?” You’re on the hook for mortgage insurance for the life of the loan. Let’s get into the first thing you’ll have to factor in with an FHA loan: mortgage insurance.

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Inspection Insurance Buyers Renovations 136

CP Home Appraisals

OCTOBER 10, 2008

This requirement is true IF the cost of repairs to their home is equal to or greater than 50% of the STRUCTURES market value prior to the storm. If a city refuses to adopt the ordinance then FEMA can disqualify all citizens of the city from the National Flood Insurance Program. ).

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Market Value Marketing Property Taxes Appraisal 78

D Fritz Appraisals

OCTOBER 11, 2022

They are also used to assess the value of the home for home improvement loans and insurance evaluations. Read on for more information about how a home appraiser determines the value of your property. Estate settlements. Valuation for insurance claims. Current real estate market conditions.

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Appraisal Inspection Property Taxes Easement 105

Cleveland Appraisal Blog

JUNE 18, 2022

Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g.

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Appraisal Law Development Valuation 309

Realtor

MAY 17, 2023

What contingencies impact sellers before closing on a house While the burden is on the buyer to finalize financing for the home purchase and to obtain homeowners insurance , some contract contingencies will impact you, too, especially if you’re living in the home. Another important step prior to closing on a house is the appraisal.

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Sellers Inspection Contracts Property Taxes 142

Eppraisal

SEPTEMBER 8, 2023

While AVMs can be a useful tool for getting a ballpark estimate of a property's value, they have limitations and may not always provide a precise estimate of the property's true market value. "Consumer They will provide advice on staging your home, marketing it to potential buyers, negotiating offers, and more.

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Real Estate Agent Inspection Real Estate Agents 36

Premier Home Appraisal Blog

MAY 30, 2023

Are you tired of paying for private mortgage insurance (PMI) every month? Private mortgage insurance, or PMI, is a type of insurance that lenders require borrowers to purchase when they put down less than 20% on their home. A real estate appraisal is an assessment of your home's value by a licensed or certified home appraiser.

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Appraisal Home Value Appraisal Process Insurance 98

Birmingham Appraisal

MAY 1, 2024

While an appraiser can provide you with the value of the house after the improvements are made a real estate agent would probably be the best person to speak with about current design and fashion trends. If they do not it may be difficult to get the property insured which may also affect whether you can get a mortgage.

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Renovations Appraisal Real Estate Agent Construction 82

The Robert Weiler Company

JULY 6, 2021

Real estate often falls into two categories: residential and commercial. Industrial real estate and industrial space for lease is a subcategory of commercial real estate. America’s intricate network of corporate capitalism is upheld by industrial real estate.

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Logistics Tenants Real Estate Modernization 147

CP Home Appraisals

OCTOBER 10, 2008

This requirement is true IF the cost of repairs to their home is equal to or greater than 50% of the STRUCTURES market value prior to the storm. If a city refuses to adopt the ordinance then FEMA can disqualify all citizens of the city from the National Flood Insurance Program. ).

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Market Value Marketing Property Taxes Real Estate 60