McKissock

MARCH 2, 2021

Here are five excellent resources offered by McKissock Learning—including a Pro-Series webinar on Wednesday, March 17, 2021, “ The Market Value Doesn’t Support the Contract Price, Now What? ”. Webinar: The Market Value Doesn’t Support the Contract Price, Now What? CE course: Avoiding Mortgage Fraud. Sign up now.

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Appraisal Contracts Market Value Clients 103

Housing Wire

JUNE 11, 2021

An appraisal is a valuation of a property by a third party. 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. The buyer typically covers the cost of the appraisal.

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Inspection Appraisal Buyers Appraisal Process 424

Clear Capital

APRIL 30, 2024

In part one of our home equity lending series , we discussed home equity lending and how lenders can use an AVM to market to home equity customers. In this second part, we’ll discuss how to meet interagency guidelines for property valuation while expediting underwriting by using ClearAVM + Property Condition Inspection (PCI).

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Valuation Inspection Lending Real Estate Agent 28

The Robert Weiler Company

SEPTEMBER 18, 2022

Any loan for a property is based on the appraisal value. As a land buyer, owner, or seller, understanding the true market value of the real estate in question is important. Also referred to as a land valuation, property valuation, or real estate appraisal, the ultimate goal of a land apprasal is to determine the market value.

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Appraisal Valuation Real Estate Market Value 78

Appraisal Hub

MARCH 19, 2023

A home appraisal in Toronto is necessary when applying for a mortgage, refinancing, or selling your house. This appraisal will give you critical information to help you make informed choices and understand the true value of the asset. A property appraisal in Toronto will provide them with an accurate assessment of that home’s value.

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Appraisal Property Appraisal Sellers Mortgage Appraisal 78

Boston Appraisal

OCTOBER 8, 2022

As a result, delays in the lending or mortgage process are not uncommon; more recently, there have been attempts to mitigate this problem. Finally, the appraiser is tasked with completing the valuation, which they typically do by utilizing data from MLS and other public records. What Are Hybrid Appraisals?

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Appraisal Inspection Appraisal Process Valuation 135

Housing Wire

JULY 13, 2021

Over the course of the last year, the mortgage industry has seen increases in origination volumes and decreases in released servicing bids. This has caused servicing portfolios to grow to represent the largest single asset on many lenders’ balance sheets, making it critical to keep a pulse on the value of servicing rights.

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Valuation Tools Technology Lending 406

AmeriMac

MARCH 15, 2024

One of the key regulatory changes was the implementation of the Home Valuation Code of Conduct (HVCC) in 2009. These guidelines aimed to address concerns about inflated property valuations and the influence of lenders on appraisers. These changes mandated the use of independent appraisers and helped increase the demand for AMCs.

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Appraisal Appraisal Process Valuation Real Estate 36

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

D Fritz Appraisals

OCTOBER 11, 2022

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. Estate settlements.

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Appraisal Inspection Property Taxes Easement 105

Town & Country Residential Appraisals

NOVEMBER 14, 2022

Appraisals are a report that indicates an opinion of market value for a property. There is a place in real estate valuation for forecasting, but when completing appraisals for mortgage lending, divorce, estates, bankruptcy and listing work, we look at the sales and trends leading up to our effective date.

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Market Value Sellers Buyers Appraisal 49

DataMaster

APRIL 6, 2021

The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. We must look at the market analysis and where we are coming from.

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Appraisal Appraisal Process Buyers Legal 158

Boston Appraisal

OCTOBER 8, 2022

As a result, delays in the lending or mortgage process are not uncommon; more recently, there have been attempts to mitigate this problem. Finally, the appraiser is tasked with completing the valuation, which they typically do by utilizing data from MLS and other public records. What Are Hybrid Appraisals?

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Appraisal Inspection Appraisal Process Valuation 78

D Fritz Appraisals

MARCH 16, 2021

Be Prepared for an Appraisal for a Positive Impact on Your Home’s Valuation. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. If you’re selling or dividing assets post-divorce, the appraised value ensures that you’ll receive a fair sale price.

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Appraisal HOA Easement Valuation 126

The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed.

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Real Estate Appraisal Property Appraisal Valuation 60

Birmingham Appraisal

FEBRUARY 8, 2023

For the record, I will state that the goal of every appraisal is to estimate the market value of a home, usually for lending purposes. It seems that Fanniemae and the lending industry have hopped onto this bandwagon and they are dragging and pulling appraisers along with them.

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Realtors Appraisal Market Value Real Estate Agent 77

Boston Appraisal

OCTOBER 8, 2022

As a result, delays in the lending or mortgage process are not uncommon; more recently, there have been attempts to mitigate this problem. Finally, the appraiser is tasked with completing the valuation, which they typically do by utilizing data from MLS and other public records. What Are Hybrid Appraisals?

Appraisal 78

Appraisal Inspection Appraisal Process Valuation 78

DataMaster

APRIL 6, 2021

The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. We must look at the market analysis and where we are coming from.

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

DataMaster

APRIL 6, 2021

The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. We must look at the market analysis and where we are coming from.

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

Birmingham Appraisal

SEPTEMBER 15, 2022

What is a Mortgage Appraisal? A mortgage appraisal is an appraisal that is done for mortgage lending purposes. Lenders, including banks and mortgage companies, require an appraisal to justify the loan they are making. Other users might be sellers, mortgage underwriting, banks, and contractors.

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Appraisal Inspection Appraisal Process Real Estate Agent 90

Housing Wire

AUGUST 31, 2023

For example, Class Valuation , one of the nation’s largest AMCs, provides its data collectors with imagery technology that creates a digital twin of the property. Fast forward to 2022 and Freddie Mac announced the availability of ACE+ PDR for cash-out refinance and certain “no cash-out” refinance mortgages.

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Modernization Appraisal Inspection Valuation 354

Padove Appraisal Service

OCTOBER 21, 2017

The real estate appraiser’s role is to estimate a home’s market value. ANSI standards differ from those used by sales agents, builder and tax assessors however, are intended only for valuation purposes. They use total square footage as a unit of comparison to other houses that have recently sold.

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Real Estate Agent Real Estate Property Taxes Agents 78

Appraisal Today

APRIL 14, 2023

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” If our business revolves around mortgage lending, we are used to dealing with clients who have a certain level of sophistication.

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Appraisal Bracketing Contracts Valuation 52

Housing Wire

FEBRUARY 14, 2024

The demise of those banks, which had relied in part on friendly terms on jumbo mortgage loans to entice wealthier clients, had lasting effects on the mortgage landscape – as part I and part II of our jumbo series show. 1, the company had lost 45% of its market value. By the end of Feb. ” Days later on Feb.

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Mortgage Real Estate Insurance Tenants 395

Birmingham Appraisal

FEBRUARY 20, 2024

The lender, whether it be a bank, mortgage company, credit union, or other financial institution will provide the buyer with the funds through a mortgage to pay for the house. The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible.

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Agents Appraisal Real Estate Agent Bracketing 86

Realtor

JANUARY 23, 2018

Blackstone and its lender, Deutsche Bank AG, settled on a sort of drive-by valuation done by real-estate agents that are more cursory and cost far less than traditional appraisals. Congress outlawed the use of such assessments, called broker price opinions, or BPOs, to value properties for traditional mortgages. Realtor.

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Appraisal Real Estate Agent Valuation Real Estate 78

Realtor

JANUARY 23, 2018

Blackstone and its lender, Deutsche Bank AG, settled on a sort of drive-by valuation done by real-estate agents that are more cursory and cost far less than traditional appraisals. Congress outlawed the use of such assessments, called broker price opinions, or BPOs, to value properties for traditional mortgages. Realtor.

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Appraisal Real Estate Agent Valuation Real Estate 78

Housing Wire

MAY 20, 2021

Accurately establishing a home’s value is not just an important factor in real estate transactions and mortgage lending, it is integral to household wealth creation, as homeownership continues to be one of the primary pathways for Americans to build wealth. The answer lies in evolving valuation technology.

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Appraisal Valuation Technology Training 479

Genworth MI Blog

JUNE 27, 2019

This article first appeared in the June issue of National Mortgage Professional Magazine. . Will the appraised value be sufficient for the loan?”. Mortgage lenders often struggle with confidence in knowing where their boundaries are when communicating with their appraiser. Will repairs be needed?

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Appraisal Tips Appraisal Law Market Value 78

Genworth MI Blog

JUNE 27, 2019

This article first appeared in the June issue of National Mortgage Professional Magazine. . Will the appraised value be sufficient for the loan?”. Mortgage lenders often struggle with confidence in knowing where their boundaries are when communicating with their appraiser. Will repairs be needed?

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Appraisal Tips Appraisal Law Market Value 78

Housing Wire

JANUARY 3, 2023

My hope is that many of the features and policies that have made the VA loan the safest mortgage in the U.S. When it comes to establishing market value, I think the VA appraisal at present determines this as well as any other. The VA loan is the most cost-effective, efficient, flexible and secure mortgage in the world.

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Modernization Real Estate Agent Reconsideration of Value Appraisal Process 77

Simonson Real Estate

JUNE 10, 2020

This means their work is done and they can rest easy while feeling confident that the appraisal report supports the market value conclusion. For the buyer/borrower, major market events can mean greater uncertainty, potential timing delays, or having to increase the down payment if the value is different than originally expected.

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Real Estate Appraisal Clients Valuation 148

AmeriMac

APRIL 15, 2024

A home appraisal is a professional estimate of a home’s value and plays a crucial role in determining the market value of the property. Understanding Home Appraisals A home appraisal is an official estimate of the fair market value of a home conducted by a licensed and impartial professional appraiser.

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Appraisal Appraisal Process Real Estate Renovations 36

Clear Capital

MARCH 17, 2022

And for those in the mortgage industry, time is constrained and comes at a cost. This includes photos showing physical deterioration, amenities, or external influences that could affect the market value or marketability of the subject property. Why Lenders Need High-Quality Appraisal Photos. or its subsidiaries.

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Real Estate Appraisal Technology Development 69

Realvals

JUNE 18, 2023

One, as way to know the value before making an offer, and two, for the mortgage process after making an offer. In the first scenario, an appraisal gives you an objective perspective on the property’s value to ensure that you don’t overpay for your new home.

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Appraisal Property Taxes Real Estate Market Value 145

Housing Wire

MAY 25, 2021

Modernization will either take root and flourish throughout every branch of the mortgage industry, or our industry could miss a critical window to introduce meaningful reforms. Under this framework, mortgage investors like the GSEs would secure valuable data to inform their critical risk models that keep our housing ecosystem safeguarded.

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Appraisal Valuation Real Estate Modernization 339

Housing Wire

JUNE 15, 2021

Understanding the market value of collateral is a key fundamental component of safe and sound lending. the House Financial Services Committee passed the Real Estate Valuation and Fairness Act. This is accomplished through obtaining an appraisal. . Notably, here in Washington, D.C.,

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Appraisal Valuation Law Lending 393