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What is portfolio cleansing?

Housing Wire

This shift is happening because of the increased willingness of private investors to invest in servicing and the government sponsored enterprises’ focus on reducing their footprint. Under the new approach, tools are provided to support servicers’ needs. This reduced the lender’s exposure to ‘loss of collateral’ on these properties.

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Reasons To Get An Appraisal

Padove Appraisal Service

Estate planning: If you are planning your estate, an appraisal can help determine the value of your property for tax purposes or for dividing assets among heirs. Legal proceedings: An appraisal can be useful in legal proceedings, such as divorce settlements, where the value of a property needs to be determined.

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Is time the enemy of equity for chronically distressed homeowners?

Housing Wire

That’s because the unpaid loan balance continues to grow for delinquent mortgages due to unpaid interest, property taxes and insurance. While the average value of the 80,000 properties analyzed increased 3% between the first and last scheduled foreclosure auction date, the average unpaid loan balance increased by 6 percent.

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Clearbox Partners with Voxtur to Integrate its Suite of Vendor Management Tools

Appraisal Buzz

We are committed to providing our customers the best vendor management tools and enabling greater third-party oversight,” said Ernie Durbin, Chief Valuation Officer at Voxtur. The Company serves the property lending and property tax sectors, both public and private, in the United States and Canada.

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How to Best Search for Land to Buy in Ohio [2022]

The Robert Weiler Company

Land investors choose land to buy in Ohio for many reasons. This is when you, as the investor, will have the opportunity to inspect all aspects of the land and receive full disclosure of all details and conditions before completing the transaction with the land seller. Current Property Taxes. Historic Property Tax Bills.

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Commercial Appraisal: Understanding the Basics

AmeriMac

Factors like market conditions, property conditions, income stream, comparable sales, and income potential are considered. Commercial appraisals are relied upon by property owners, buyers, sellers, investors, and lenders to make informed decisions.

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26 Reasons to Get an Appraisal

Realvals

By providing an unbiased estimate of a property’s value, an appraisal ensures that you know the real value of your property. Estate planning, property tax appeals, divorces, and gifting, are some of the many others. Estate Taxes In some cases, local laws may require appraisals for estate tax purposes.

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