Housing Wire

FEBRUARY 7, 2023

“Seller/servicers and other market participants [including independent mortgage banks, or IMBs] may value MSRs based on differing model assumptions, levels of sophistication and strategic objectives,” the FHFA bulletin continues. These differences can cause volatile MSR values.

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Sellers Investors Valuation Finance 302

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

Birmingham Appraisal

JUNE 7, 2023

Appraisers Helping Accountants In the realm of real estate transactions, residential appraisers play an important role in providing accurate valuations. Their expertise goes beyond helping buyers and sellers determine accurate market value.

Real Estate 63

Real Estate Appraisal Valuation Legal 63

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

Housing Wire

JULY 13, 2021

Lenders reported significant origination volume in the first quarter of 2021, but as rates change and the market shifts to a more purchase-driven origination environment, lenders need to carefully monitor margins and profitability. Historically, mortgage servicing rights (MSR) have been valued once per month or once per quarter.

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Valuation Tools Technology Lending 420

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? 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 432

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. Also known as bifurcated appraisals, hybrid appraisals employ a more streamlined appraisal approach that involves separating the valuation aspect of an assessment from the property inspection portion.

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Appraisal Inspection Appraisal Process Valuation 135

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

Clear Capital

NOVEMBER 18, 2021

ClearAVM is an industry-leading, lending-grade AVM that provides reliable and accurate market value predictions. It uses machine learning to deliver values for 139+ million addresses across the U.S. What will happen to the previous ClearAVM report?

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Valuation Lending Training Market Value 74

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

Appraisal Hub

MARCH 19, 2023

Mortgage lenders require assurance that they are issuing a loan commensurate to the value of the property. A property appraisal in Toronto will provide them with an accurate assessment of that home’s value. One of our appraisal experts will inspect the property, taking note of any factors that may impact its final value in our report.

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Appraisal Property Appraisal Sellers Mortgage Appraisal 78

Cleveland Appraisal Blog

JANUARY 19, 2023

Unless you’re in the property valuation profession, you may not have. The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value.

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Appraisal Buyers Transportation Real Estate 290

Birmingham Appraisal

AUGUST 2, 2023

Whether you’re a homeowner looking to make improvements, an agent who needs a pre-listing appraisal, or an attorney or accountant who requires a certified appraisal, a well-qualified and experienced appraiser is essential for accurate property valuation.

Appraisal 70

Appraisal Agents Valuation Real Estate 70

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. Also known as bifurcated appraisals, hybrid appraisals employ a more streamlined appraisal approach that involves separating the valuation aspect of an assessment from the property inspection portion.

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 158

Appraisal Appraisal Process Buyers Legal 158

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. The information that arises helps enlighten those who own, manage, sell, lend money, or invest in commercial real estate property. You may need a commercial valuation for many reasons.

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Real Estate Appraisal Property Appraisal Valuation 60

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 127

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. Also known as bifurcated appraisals, hybrid appraisals employ a more streamlined appraisal approach that involves separating the valuation aspect of an assessment from the property inspection portion.

Appraisal 78

Appraisal Inspection Appraisal Process Valuation 78

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

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

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 106

Robinson Appraisal Group

JULY 18, 2019

A hybrid appraisal is a valuation completed by a Licensed/Certified appraiser that is very similar to a desktop appraisal. The hybrid appraisal is designed so the appraiser can complete the valuation in 30–60 minutes. Typically, anything that receives value would be the responsibility of the appraiser.

Appraisal 78

Appraisal Inspection Property Inspector Valuation 78

Simonson Real Estate

OCTOBER 23, 2020

COVID-19 Market Analysis – Insights and Impact Analysis. The client should be clear that the assessment is performed at a point in time and that the market value opinion is – as of a specific date – the effective date. What are Banks Lending On? Key Language in Letter of Transmittal. to 7.75%. .

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Appraisal Retail Tenants Real Estate 143

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. In its selling guide announcement , Fannie Mae wrote, “We are on a journey of continuous improvement to make the home valuation process more efficient and accurate.

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Modernization Appraisal Inspection Valuation 368

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

CP Home Appraisals

AUGUST 27, 2018

The bulk of the appraiser’s work is focused on market analysis to decide market value based on “assumed” condition of the house. ” Furthermore, having a home inspection report ready for your appraisal will help them accurately value the property without having to “guess” at the overall condition.

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Inspection Appraisal Property Inspector 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. So, what can be done to mitigate bias and inequality in the valuation process?

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Appraisal Valuation Technology Training 489

Town & Country Residential Appraisals

SEPTEMBER 26, 2022

Most people know that appraisals need to be completed for lending purposes. But did you know there are a number of other reasons you should be contracting an appraiser to perform a professional valuation on your property? We would be more than happy to help you with all of your real estate valuation needs.

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Appraisal Renovations Real Estate Valuation 50

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

Realtor

JANUARY 23, 2018

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral. It never did, said Ms.

Appraisal 78

Appraisal Real Estate Agent Valuation Real Estate 78

Realtor

JANUARY 23, 2018

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral. It never did, said Ms.

Appraisal 78

Appraisal Real Estate Agent Valuation Real Estate 78

Birmingham Appraisal

FEBRUARY 20, 2024

The lender then obtains an appraisal to make sure that the property they are lending on, which is the collateral for the loan, is worth what they are paying for it. 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

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. When we do hear back from a client with a different opinion regarding our valuation, it’s vital for the appraiser to maintain an open mind and listen to the other point of view.

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Real Estate Appraisal Clients Valuation 148

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 397

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