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How lenders can improve property tax estimation processes to bolster borrower satisfaction

Housing Wire

Record-breaking lending volumes led many lenders to tighten up their processes across every stage of the mortgage cycle. Plaza Home Mortgage was no exception, as it sought to improve its property tax estimation process. The tool offers a comprehensive response to tax amounts for properties within the United States.

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10 Types of Non-Lending Appraisal Work to Pursue this Year

McKissock

In times like the present when the housing market is slow, you can help your appraisal business thrive by offering additional services beyond mortgage lending appraisals. What are some specific types of non-lending assignments that might be worth adding to your workload this year? Read the full survey results below.

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How reverse mortgages could improve financial stability for older homeowners

Housing Wire

HW: How does Reverse Mortgage Funding help lending professionals educate themselves and their clients on the benefits of reverse mortgages in our current housing market? Not tax advice. Consult a tax professional. † CW : At Reverse Mortgage Funding , education has always been a number-one priority.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Reviewing / appealing property tax assessment.

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Commercial Appraisal: Understanding the Basics

AmeriMac

Commercial Real Estate Appraisal is a crucial process that helps determine the value of commercial properties. It plays a significant role in several aspects, from buying and selling to lending purposes. Becoming a commercial appraiser requires appropriate education, training, experience, and certification.

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What is Your Appraiser Level? Why Does It Make a Difference?

Appraisal Today

Even the larger appraisal firms (with deep pockets) who’ve spent the last few years aggressively training and recruiting appraisers, acquiring small appraisal firms, and rolling up their competitors have rapidly changed their tone. AMCs had taken over the mortgage-lending work. Budget cuts. Retraction.

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Real Estate Appraisers Share How They Stand Out from the Competition

McKissock

” “As a 38-year-old student and appraiser in training I bring a fresh perspective from other industries and many years of fresh life experience and completely unadulterated perspective of the appraisal industry.” My focus is lending institutions appraisals.” Market approach vs. cost approach (Nevada).”