Appraiserblogs

MAY 15, 2023

The end result of which includes OUTRIGHT FRAUD being perpetrated against banks via the repurchase letters Fannie Mae now issues on a quota based system rather than because of legitimate appraisal defects. Dear representative, waiving/eliminating property appraisal for lending purposes is wanton recklessness.

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Valuation Property Appraisal Lending Appraisal 138

Empire Appraisal Group

JANUARY 20, 2022

Not all property insurance companies will cover solar panels, and the ones that do have a wide-ranging set of rules and inconsistent coverage pricing. However, potential savings could be offset by another higher cost: property insurance rates. Insurers’ solar panel considerations. By Kerry Smith. ORLANDO, Fla.

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Buyers Insurance Agents Legal 78

Appraisal Hub

DECEMBER 20, 2023

Why Accurate Appraisal Matters Informed Decision Making: Whether you’re buying, selling, or refinancing, knowing the accurate value of a property ensures that you make decisions based on solid ground. Fair Property Taxes and Insurance: Accurate appraisals ensure you’re not overpaying on taxes and insurance.

Real Estate 78

Real Estate Valuation Appraisal Legal 78

D Fritz Appraisals

OCTOBER 22, 2019

Looking for a Home Appraisal Company in Victoria, BC? In any of these situations, a property appraisal company can help, and it will be up to you to hire the right company for the job. So, when it’s up to you, how do you know what property appraisal company to hire? Up Next: Home Inspections vs. Home Appraisals.

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Appraisal Property Appraisal Real Estate Appraisal Process 78

McKissock

NOVEMBER 15, 2022

Disciplinary complaints against appraisers are becoming more and more common. From accusations of bias or discrimination to failure to disclose significant real property appraisal assistance, it can be really alarming if a licensing board reaches out and notifies you of a complaint. Make sure you hire competent counsel.

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Appraisal Property Appraisal Real Property Insurance 80

McKissock

AUGUST 4, 2020

What types of clients do property appraisers serve? To help answer these questions, we recently asked our real estate appraisal community, “What type of appraisal client makes up the majority of your client base?” “Yellow Book” appraisals ). Interested in doing Yellow Book appraisals? Other (4%).

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Clients Appraisal Government Property Appraisal 87

Magnusson Group

OCTOBER 25, 2021

Now that the world is partially reopening and pockets of renewed activity are bubbling up in the market, people are eager to expand their knowledge base of their tangibles with regard to acquiring insurance or passing along to its next appreciative owner. Learn More About The Magnusson Group.

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Decorating Property Appraisal Insurance Appraisal 36

The Robert Weiler Company

SEPTEMBER 30, 2020

An appraisal review is a second opinion or added insurance for the transaction to ensure the purchase price history, comps, adjustments, and disclaimers are accurate. Essentially, the commercial appraisal reviewer must confirm the report is acceptable, meets standards, and the appraiser had no interest in the property appraised.

Real Estate 137

Real Estate Appraisal Property Appraisal Valuation 137

The Robert Weiler Company

APRIL 22, 2023

*Related Article: 52 Tips to Negotiate an Office Space for Lease in Columbus, Ohio 4 Pertinent Precautions to Take Before Deciding on Office Space Rentals Once you have decided on a commercial office rental property, consider taking these necessary precautions: Obtain a property appraisal (if purchasing office space for sale).

Tenants 78

Tenants Real Estate Transportation Clients 78

The Robert Weiler Company

JANUARY 7, 2021

Indemnity and Insurance. What type of insurance can you maintain or obtain (e.g., comprehensive public liability insurance, fire and extended coverage insurance)? And what is the cost of insurance? Call us at 614-221-4286 today and let us help find you an available office space for lease in Columbus, Ohio.

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Landlords Tenants Real Estate Law 148

Realtor

JANUARY 27, 2020

Costs to secure the real estate/insurance premium. To do this, they will need to secure the property with new locks or alarm codes, according to Matthew F. Cost of getting the property appraised. Also, title fees will cost 1% to 2% to conduct closing and issue title insurance,” McDermott says.

Real Estate 92

Real Estate Insurance Legal Appraisal 92

The Robert Weiler Company

OCTOBER 21, 2022

We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser. Question 1: What is a commercial real estate appraisal? Question 5: Why are commercial property appraisals important?

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Realtor

JANUARY 27, 2020

Costs to secure the real estate/insurance premium. To do this, they will need to secure the property with new locks or alarm codes, according to Matthew F. Cost of getting the property appraised. Also, title fees will cost 1% to 2% to conduct closing and issue title insurance,” McDermott says.

Real Estate 78

Real Estate Insurance Legal Appraisal 78

D Fritz Appraisals

JANUARY 8, 2022

While the drone pilot maneuvers around the roof, appraisers and agents can be on the ground checking out the foundation. Drones for Real Estate Photography and Property Appraisals: Things to Keep in Mind. You will need to have at least $100,000 in liability insurance coverage.

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Real Estate Appraisal Inspection Real Estate Agent 88

AmeriMac

APRIL 15, 2023

Uses of Commercial Property Appraisals A commercial property appraisal is a process of determining the real estate market value of a commercial property. These appraisals are typically needed to establish market values for property buying and selling, property tax assessments, and loan amounts.

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Real Estate Appraisal Property Taxes Valuation 36

Assurance Financial

APRIL 29, 2021

During an appraisal, a professional will evaluate your home’s condition, how much similar homes have sold for recently and the overall market to determine the value of your home. The appraisal can be more than the price of the house or it can be less. Homeowners Insurance. Insurance also protects you against theft.

Mortgage 69

Mortgage Insurance Sellers Inspection 69

PennyMac

JUNE 28, 2022

An escrow account is a special account that holds money for property taxes, premiums, homeowners insurance and mortgage insurance. Some lenders require you set aside a few months of property tax and mortgage payments in an escrow account as part of your closing costs. FHA Mortgage Insurance Premium. Escrow Deposit.

Insurance 36

Insurance Property Taxes Sellers Inspection 36

East Coast Appraisal

OCTOBER 19, 2021

Whether you are buying, refinancing, or simply insuring a home or piece of property, a home appraisal is an important document in the process that you need to understand. Here are six key words and phrases that you should be familiar with before your next appraisal.

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Appraisal Process Appraisal Real Estate Agent Real Estate 52

Appraisal Buzz

JUNE 20, 2022

Real property appraisers have had quite a bit dumped on them in the past couple of years. The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern.

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Appraisal Modernization Property Appraisal Real Property 417

D Fritz Appraisals

SEPTEMBER 19, 2019

In contrast, a licenced property appraisal professional looks at all of those things and more to deliver a thorough, trustworthy and confidential appraisal. Some realtors, financial institutions, and professional property appraisers do use sophisticated versions of them as a starting point before doing an on-site appraisal.

Home Value 78

Home Value Appraisal Real Estate Agent Tools 78

Housing Wire

SEPTEMBER 17, 2022

“FHA strongly recommends that industry partners pause EAD onboarding and direct integration activities until final determinations are made regarding the electronic appraisal delivery system for loans originated for FHA insurance endorsement,” FHA said in its industry notification. No new date has been announced.

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Appraisal Property Appraisal Development Insurance 391

Appraisal Today

MARCH 15, 2024

Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics.

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Appraisal Inspection Modernization Business 70

The Robert Weiler Company

NOVEMBER 9, 2022

These are all important issues that will surely contribute to the property’s overall quality and desirability. Being in a flood-prone area can seriously affect your insurance premiums and property value; it could also cause a great deal of aggravation and stress if you experience the wrath of Mother Nature.

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Transportation Real Estate Supply Chain Investing 78

Boston Appraisal

MARCH 18, 2024

Tax Disputes : Property owners challenging their tax assessments, whether for year property taxes or estate and probate taxes, rely on appraisers. Eminent Domain Cases : When government entities acquire private land for public use, appraisers determine just compensation for property owners.

Legal 148

Legal Real Estate Appraisal Valuation 148

Listing Spark

FEBRUARY 9, 2023

People typically use an appraisal to validate the value of a home or property for real estate transactions between buyers and sellers, or if homeowners are refinancing their mortgage. A homeowner may also order an appraisal if they are attempting to have mortgage insurance removed from their loan.

Appraisal 36

Appraisal Sellers Market Value Contracts 36

Assurance Financial

NOVEMBER 28, 2023

Property search: You search for a property to purchase within the pre-approved loan amount. Property appraisal: The lender hires an appraiser to determine the value of the property to ensure it is worth the amount being borrowed. Ownership: Once the loan is fully repaid, you own the property outright.

Mortgage 69

Mortgage Property Taxes Insurance HOA 69

Appraiserblogs

OCTOBER 13, 2022

As with home appraisals, commercial property appraisals offer unbiased, third-party insight into their value. In contrast to residential properties such as single-family houses or condominiums, commercial appraisals estimate the value of stores, offices, hotels, apartment buildings, and the like. They are coming….

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Appraisal Property Taxes Insurance Real Estate 107

Housing Wire

OCTOBER 23, 2020

The Federal Housing Administration announced on Wednesday the launch of its first automated underwriting system that will allow lenders to submit loan application data electronically for single family forward mortgages from their loan origination systems to FHA for mortgage insurance eligibility.

Modernization 433

Modernization Contracts Insurance Technology 433

The Robert Weiler Company

OCTOBER 15, 2021

Tip #5: Hire a professional Ohio real estate appraiser to assess the Columbus, Ohio commercial property for sale before signing. In addition to hiring an attorney, assemble a team of experts, particularly professional commercial property appraisers to assess the property prior to signing.

Investing 138

Investing Real Estate Tenants Investors 138

Appraisal Buzz

DECEMBER 3, 2021

The Interagency Task Force on Property Appraisal and Valuation Equity (commonly known by the acronym PAVE) was created in June 2021 by President Biden, and consists of representatives of numerous federal government agencies, including the Department of Housing and Urban Development (HUD), Department of Veterans Affairs (VA), Federal Deposit Insurance (..)

Property Appraisal 195

Property Appraisal Valuation Insurance Government 195

Appraisal Today

AUGUST 18, 2023

Be sure to put in a comment requesting it. == The Future of Property Appraisal: Unveiling the UAD Redesign and New URAR By: McKissock August 15, 2023 At the recent Valuation Expo conference in Las Vegas, Heather Sullivan (Aloft), Ken Defeo (Fannie Mae), and Sean Murphy (Freddie Mac) provided a peek at some of the upcoming changes.

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Appraisal Contracts Inspection Real Estate 75

Appraisal Today

JUNE 23, 2023

The proposed rule’s safeguards are not a panacea, but represent a recognition of the risks posed by algorithmic appraisals. Inaccurate or biased algorithms can lead to serious harm.

Appraisal 87

Appraisal Real Estate Valuation Contracts 87

Appraisal Today

SEPTEMBER 22, 2023

Most of the inspection training we receive as appraisers happens in the field. When I started in this business long ago, there was no such thing as a licensed appraiser or a certified real property appraiser. Certification and licensing simply didn’t exist.

Appraisal 87

Appraisal Training Inspection Real Estate 87

Quicken Loans

JUNE 10, 2021

You can also add the cost of taxes and insurance if you know what they’re likely to be.). Get The Property Appraised. Your lender will set up a home appraisal as you’re going through the underwriting process. You want to make sure you have enough money every month for savings, emergencies, investments and other expenses.

Mortgage 68

Mortgage Real Estate Agent Sellers Appraisal 68

Realvals

JUNE 18, 2023

By getting an appraisal, you can substantiate your claims and provide evidence to support your position. It’s not uncommon for property owners, insurance companies, or tax authorities to have contrasting opinions on the value of a property. By doing so, they protect themselves in case you default on your loan.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

McKissock

DECEMBER 3, 2021

The Interagency Task Force on Property Appraisal and Valuation Equity (commonly known by the acronym PAVE) was created in June 2021 by President Biden, and consists of representatives of numerous federal government agencies, including the Department of Housing and Urban Development (HUD), Department of Veterans Affairs (VA), Federal Deposit Insurance (..)

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Appraisal Process Law Property Appraisal Government 80

Housing Wire

JULY 29, 2021

The Property Appraisal and Valuation Equity task force will deliver a report to Biden within six months to describe the “extent, causes, and consequences of undervaluing of properties,” a HUD official told HousingWire. In that role, Rice also leads the administration’s effort to advance racial justice and equity.

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Appraisal Valuation Training Law 545