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Fannie Mae: Policymakers should look elsewhere to improve affordability

Housing Wire

An affordable housing advocate, who requested anonymity, called the report “stunning,” because it indicates Fannie Mae is only lending to low-income borrowers with the most pristine of credit histories. “A Palim said that a fair lending analysis was outside of the scope of the research paper.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

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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Consider These Factors When Choosing a Real Estate Appraiser

East Coast Appraisal

An accurate appraisal can help: A buyer to avoid overpaying for a property A seller to ensure they get a good price for their property A lender to avoid lending more than the property's fair market value Property buyers, sellers, and lenders enjoy these benefits if they work with the right appraiser.

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Considerations for Moving Closer to A Senior When They Need You Most

Cleveland Appraisal Blog

It can be a tough adjustment, but if you want to provide the support they need, you may have to move closer so you can lend a helping hand. If it is clear that you will need to move closer to your loved one, then you need to start looking at local properties to find a home that will suit your needs. Source – Unsplash.

Appraisal 195
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3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

Now, here is a word of caution: federal lending requirements and appraisal standards do not allow lenders (or property owners) to “pressure” the appraiser into “hitting” a target number. A third, and less common, reason an appraisal comes in low is due to a change in the economic climate within the market area of the subject property.

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12 Types of Expert Witness Assignments for Appraisers

McKissock

How are divorce appraisals different from standard mortgage lending appraisals? Typically, this would be for local property tax appeals. Find out in our CE course, Divorce and Estate Appraisals: Elements of Non-Lender Work. Bankruptcy. Learn more. Tax appeal.

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3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

Now, here is a word of caution: federal lending requirements and appraisal standards do not allow lenders (or property owners) to “pressure” the appraiser into “hitting” a target number. We have all seen how the national economy affects property values. A change in the local economy can also raise or lower local property values.