Clear Capital

JULY 27, 2023

Clear Capital’s ClearAVM , a nationwide automated valuation model (AVM) that provides accurate estimates of market value for millions of properties, has been integrated with BeSmartee’s Mortgage POS and HELOC product to provide users with value verification during the initial application and/or underwriting process on mortgage and home equity loans.

Home Value 69

Home Value Valuation Mortgage Real Estate 69

Housing Wire

JUNE 15, 2021

Understanding the market value of collateral is a key fundamental component of safe and sound lending. Without education, most will not have the awareness nor the tools to change behaviors, ideas, beliefs or perceptions that may need to be changed. . This is accomplished through obtaining an appraisal. .

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Appraisal Valuation Law Lending 393

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 384

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. An AVM will use this sale record as part of the formula to estimate value.

Appraisal 469

Appraisal Valuation Technology Training 469

AmeriMac

JANUARY 30, 2024

What is a Reverse Mortgage Appraisal? A reverse mortgage appraisal is an evaluation of a property’s value to determine how much money can be borrowed through a reverse mortgage. The appraisal is important because it helps lenders assess the risk associated with the reverse mortgage loan.

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Appraisal Process Mortgage Appraisal Appraisal Mortgage 36

Housing Wire

AUGUST 31, 2023

Fast forward to 2022 and Freddie Mac announced the availability of ACE+ PDR for cash-out refinance and certain “no cash-out” refinance mortgages. As such, we are transitioning to a range of options to establish a property’s market value, with the option matching the risk of the collateral and the loan transaction.”

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Modernization Appraisal Inspection Valuation 327

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.

Appraisal 103

Appraisal Contracts Market Value Clients 103

Housing Wire

FEBRUARY 19, 2021

Presented by: Motto Mortgage. Cape Analytics and Weiss Analytics are primarily targeting real estate investors, real estate brokers and mortgage originators with the ValPro+ tool to help them identify undervalued purchase opportunities. improvement in PPE-10 predictions of on-market valuations. .”

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Valuation Real Estate Investors Brokerage 356

Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property.

Appraisal 76

Appraisal Real Estate Real Estate Agent Contracts 76

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. An appraisal is an essential part of this process.

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Appraisal Property Taxes Real Estate Market Value 145

Eppraisal

OCTOBER 31, 2023

   Property Valuation Your home value is the primary determiner of your asking price. Unless you’re desperate to sell and willing to accept less than what you still owe on your mortgage, price your house based on what these sources say it should be worth.

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

McKissock

AUGUST 13, 2021

Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion. When contract prices and value often differ. ” McKissock has offered courses on mortgage fraud for decades. Questions we should ask ourselves.

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Lamacchia Realty

FEBRUARY 21, 2023

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. It is not an appraisal and can’t be used in place of an appraisal.” -via

Real Estate Agent 73

Real Estate Agent Real Estate Sellers Realtors 73

D Fritz Appraisals

SEPTEMBER 19, 2019

An appraisal report informs homeowners, home buyers, and mortgage lenders on the market value of the home. What is an Online Home Value Estimator? There are several competing websites and online platforms and tools offering home value estimators or home value estimating services.

Home Value 78

Home Value Appraisal Real Estate Agent Tools 78

Birmingham Appraisal

DECEMBER 7, 2022

This has put a damper on the real estate market by taking many buyers out of the equation because they cannot afford the higher mortgage payments brought on by the increase in rates. Raging inflation has resulted in increasing prices not only in mortgage payments but also in everyday consumer goods.

Property Taxes 89

Property Taxes Appraisal Tools Insurance 89

DW Slater Company

NOVEMBER 30, 2022

Low mortgage rates gave buying power as millennials finally jumped into the home buying market , yet the low supply of available homes created rapid price appreciation in our markets. Now, that mortgage rates have more than doubled since March , the buying power has diminished and the market is slowing.

Real Estate 95

Real Estate Housing Market Appraisal Marketing 95

Will Springer Realtor

FEBRUARY 27, 2024

The “owners” want to urgently sell the property – often below the true market value – simply to move the sale along quickly and reap the financial reward. AI writing tools can quickly and easily draft fake emails and correspondence, for example, with instructions to divert a victim’s down payment to the scammer’s account.

Real Estate 61

Real Estate Sellers Real Estate Agent Buyers 61

McKissock

OCTOBER 12, 2021

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.” There is virtually no way to get a mortgage on the property in its present condition, so it takes a cash buyer.

Appraisal 84

Appraisal Market Value Investors Buyers 84

Appraisal Today

SEPTEMBER 15, 2023

May a representative of the lender provide an appraisal management company a list or a panel of appraisers to use for loans involving a specified mortgage broker, real estate agent, or loan officer? From Dave Towne: Over the years, many appraisers have reported being blacklisted by real estate agents and even mortgage brokers.

Appraisal 82

Appraisal Real Estate Agent Contracts Real Estate 82

Eppraisal

SEPTEMBER 8, 2023

An AVM (Automated Valuation Model) is a computer-generated estimate of a property's value based on data such as recent sales in the area, public records, and local market trends. They will provide advice on staging your home, marketing it to potential buyers, negotiating offers, and more. Interested in learning more?

Real Estate Agent 36

Real Estate Agent Inspection Real Estate Agents 36

DataMaster

JUNE 15, 2023

The number of short-term rentals has increased exponentially over the last several years, and in some markets, investors are generating significant revenue; even on just one property. Proof of income, not the market rent. The best tool to determine an estimate for an STR is AirDNA. If only it was that simple.

Appraisal 148

Appraisal Tenants Investors Business 148

Appraisal Today

NOVEMBER 25, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Graphs and Trendlines, Market Value definition, appraisal forms, unusual homes, mortgage origination stats, etc. ==. Marketing with Holiday Gifts and Cards – An Easy, Excellent Marketing Tool! Not what you would expect!

Appraisal 52

Appraisal Market Value Contracts Finance 52

McKissock

OCTOBER 3, 2021

As part of our contributor series, Daniela Andreevska , content marketing director at Mashvisor , talks about investment property strategies. Mashvisor provides a real estate analytics tool that helps real estate investors quickly find traditional and Airbnb investment properties. .

Investing 87

Investing Real Estate Real Estate Agent Realtors 87

Clear Capital

FEBRUARY 13, 2023

Using an AVM in a HELOC workflow requires a few considerations outside of speed and process-related improvements, including the impact on a loan’s eventual securitization into residential mortgage-backed securities (RMBS). This leading, lending-grade AVM uses the most comprehensive real estate data in the nation.

Valuation 69

Valuation Lending Inspection Real Estate Agent 69

Birmingham Appraisal

FEBRUARY 20, 2024

While agents and appraisers cannot discuss value we can talk about the property and why they may have priced it at what they did. One tool the agent uses to price the property is the Comparative Market Analysis or CMA, and by sharing this with the appraiser they can better understand what went into the agent’s pricing strategy.

Agents 89

Agents Appraisal Real Estate Agent Bracketing 89

Eppraisal

JUNE 20, 2023

Now that you've assessed your financial readiness, obtained a pre-approval for a mortgage, and engaged a real estate agent, it's time to dive into the exciting process of researching and finding your dream home. In the first blog of our series, we covered the basics of preparing yourself for buying your first home.

Real Estate Agent 36

Real Estate Agent Open Houses Real Estate Inspection 36

Quicken Loans

MAY 18, 2021

Not only do you have to worry about the mortgage, but you’ll also have to contend with taxes, upkeep, sharing ownership with other stakeholders and more. Before we worry about anything to do with inheritance, we need to determine if the mortgage had a cosigner. In certain instances, you may even be able to refinance the mortgage.

Landlords 55

Landlords Decorating Market Value Mortgage 55

Appraisal Today

JANUARY 19, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, and types of bias, Scams on black homes, unusual homes, mortgage origination stats, etc. In and of itself, it is not market value. Remember the old days with personal relationships with mortgage brokers? baths, 5,550 sq.ft.,

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Appraisal Contracts Real Estate Architecture 73

PennyMac

OCTOBER 10, 2023

Appraisals are an essential part of the home financing process, ensuring the homebuyer, seller and mortgage lender each have an impartial, consistent and accurate assessment of the value of the property under consideration. The lender is responsible for ensuring that your home provides adequate collateral for the mortgage.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Lamacchia Realty

SEPTEMBER 5, 2023

Prior to splitting the profit, at which point capital gains taxes may apply, the mortgage must be paid off as well as any equity lines, broker fees, and other closing costs must be paid off. If you’re interested in finding out the current market value of your home, click here for our free and instant home evaluation tool.

Realtors 65

Realtors Real Estate Agents Open Houses 65

DataMaster

JUNE 15, 2023

The number of short-term rentals has increased exponentially over the last several years, and in some markets, investors are generating significant revenue; even on just one property. Proof of income, not the market rent. The best tool to determine an estimate for an STR is AirDNA. If only it was that simple.

Appraisal 78

Appraisal Tenants Investors Business 78

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.

Real Estate 69

Real Estate Appraisal Technology Development 69

AmeriMac

JANUARY 19, 2021

A low appraisal can cause the cancellation of sales contracts because a lender won’t approve mortgages higher than a home’s value. The Bureau of Consumer Financial Protection (CFPB) states that the mortgage lender must deliver a copy of the report upon request. But the good news is you can challenge a bad appraisal.

Appraisal 36

Appraisal Real Estate Agent Market Value Real Estate 36

Listing Spark

FEBRUARY 9, 2023

A home appraisal is a process in which a licensed appraiser analyzes your property and determines the fair market value of your home. People typically use an appraisal to validate the value of a home or property for real estate transactions between buyers and sellers, or if homeowners are refinancing their mortgage.

Appraisal 36

Appraisal Sellers Market Value Contracts 36

Appraisal Today

FEBRUARY 16, 2024

NOTE: Please scroll down to read the other topics in this long blog post on appraiser fights back against bias accusation, ok behavior when taking Zoom CE classes, estate appraisal liability issues, unusual homes, mortgage origination stats, etc. = My comments: MORTGAGE LENDING IS VERY SLOW NOW. acres of coastal land. ” 5.

Appraisal 80

Appraisal Contracts Training Architecture 80

Genworth MI Blog

JULY 16, 2020

This adaptation was appropriate and necessary to protect the health and well-being of homeowners and appraisers, while keeping the mortgage process moving. Have Appraiser Utilize Third-Party Photo Capture Tool with Strong Fraud Controls – This is a great option. validate the date/time of the picture. cross-check location information.

Appraisal 78

Appraisal Inspection Real Estate Agent Market Value 78

Genworth MI Blog

JULY 16, 2020

This adaptation was appropriate and necessary to protect the health and well-being of homeowners and appraisers, while keeping the mortgage process moving. Have Appraiser Utilize Third-Party Photo Capture Tool with Strong Fraud Controls – This is a great option. validate the date/time of the picture. cross-check location information.

Appraisal 84

Appraisal Inspection Real Estate Agent Market Value 84