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NAR says it’s doing what it can on housing discrimination

Housing Wire

Petersburg, Florida, and head of NAR’s Real Property Valuation Committee, pointed specifically to the apprentice training requirement – no comparable requirement exists for real estate agents – as the reason no one is joining a depleted profession in the crosshairs for allegedly racially biased appraisals.

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How scammers are using AI to commit new fraud in real estate

Housing Wire

It’s causing us in the industry — title settlement, real estate, mortgage lending, the attorneys — to rethink, can you even trust a voicemail? And they solicit a listing to a brokerage: the real estate agent takes the listing and asks for an ID, which checks out. million house.

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7 best real estate classes in Ohio (OH) for 2024

Housing Wire

Brimming with coursework that is up to date with current trends, expect to receive insight on issues facing Ohio real estate agents today. From agency relationships to local government regulations and more, every topic is inspired by the property types and types of transactions you’ll encounter as an Ohio real estate agent.

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What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

The contract is essentially a seller-financed lending agreement for the purchase of a property, which requires the buyer to pay monthly installments until a balloon payment is due. Otherwise, you risk defaulting on your loan and losing your car to the bank or lending institution that financed the vehicle.

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How Are Appraisal Complaints Enforced?

McKissock

Each state has its own set of administrative procedures used to handle disciplinary complaints against licensees of various professions, such as appraisers, real estate agents and broker s, doctors, nurses, accountants, etc. Administrative procedures. It has been updated slightly. Written by Dan Bradley.

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Fannie Mae Takes A Closer Look at Appraisals

Appraisal Today

FNMA indicates that their 2022 lending volume is down 47% from 2021 and is expected to drop by another 50% in 2023. From accusations of bias or discrimination to failure to disclose significant real property appraisal assistance, it can be really alarming if a licensing board reaches out and notifies you of a complaint.

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Appraising Unusual Properties

Appraisal Today

If the appraisal is for lending purposes, be sure to find out if it is “lendable” before spending much time on it. Examples of data sources include, but are not limited to, a multiple listing service, deed records, tax records, real estate agents, builders, appraisers, appraiser’s files, and other third-party sources and vendors.