McKissock

MAY 26, 2023

How can you bolster your appraisal business during a slow real estate market? ” The most popular answer was, “Offer your appraisal services to a variety of clients (attorneys, real estate agents, homeowners, property investors, etc.).” Want to share your opinion?

Real Estate 64

Real Estate Appraisal Marketing Business 64

Housing Wire

MAY 26, 2023

The threat posed by wire fraud has commanded quite a bit of attention from the real estate ecosystem. In a vacant lot or seller impersonation scam, public records are searched to identify real estate that is free of mortgage or other liens, as well as the identity of the property owner. billion, up from $6.9

Sellers 359

Sellers Real Estate Realtors Real Estate Agent 359

McKissock

SEPTEMBER 20, 2021

Real estate risk management is an important concern for agents. Real estate agents are commonly sued for breaching their duty to act in the best interests of their client. Article 9 requires all agreements related to real estate transactions to be written, understandable, and contain all obligations of the parties.

Real Estate 58

Real Estate Clients Real Estate Agent Realtors 58

Housing Wire

APRIL 27, 2021

Legislation in Congress would try to solve for inconsistencies in appraisal underwriting, a lack of diversity in the profession, and the legacy of property valuation discrimination. Emanuel Cleaver (D-MO) and Rep. The Consumer Financial Protection Bureau would designate the chairperson of the body.

Appraisal 382

Appraisal Valuation Design Real Estate 382

Cleveland Appraisal Blog

AUGUST 25, 2022

When you’re about to buy your first real property outside of your primary residence, you should know whether you’re going into it with the intention of renting or if you want to flip and make an immediate profit. This means on a $250,000 property, you’ll have to have a minimum of $37,500 in cash for the banks to even consider a loan.

Investing 332

Investing Renovations Landlords Real Estate 332

Housing Wire

MAY 25, 2022

The most affordable manufactured homes are financed with private loans with higher interest rates, shorter terms and fewer consumer protections than mortgage loans. The GSEs, which back mortgages on traditional site-built homes, currently do not provide financing for chattel. That means the 17.5

Finance 352

Finance Supply Chain Tenants Real Estate 352

Appraiserblogs

FEBRUARY 21, 2022

As Real Estate Appraisers, we are encountering an assault on our profession from the GSE’s with the hybrid appraisal reports, the rollout of the new desktop product and with appraisal waivers. We won’t take appraiser trainees, but we’ll take real estate trainees. As appraisers, we need. That’s the million dollar question.

Appraisal 133

Appraisal Real Estate Valuation Real Property 133

Housing Wire

NOVEMBER 9, 2020

One area in the mortgage and real estate industry that has been evolving for nearly two decades is digital closings. E-mortgage volume spikes. During the first six months of 2020, the Federal Housing Finance Agency reported that the volume of e-mortgages purchased by Fannie Mae and Freddie Mac spiked significantly.

Law 432

Law Legal Technology Real Estate 432

Cleveland Appraisal Blog

MAY 9, 2024

GETTING TRENDY (Cuyahoga County Housing Trends) The housing market in Northeast Ohio has remained strong despite the relatively higher mortgage interest rates and affordability issues. If you’re a real property appraiser in Ohio, check us out! Let’s get do what’s happening with housing stats in Northeast Ohio.

Inventory 344

Inventory Appraisal Real Property Property Appraisal 344

Simonson Real Estate

JULY 10, 2020

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. FIRREA and Bank Guidelines Interagency and Evaluation Guidelines SBA Appraisal Requirements.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

How to Choose a Real Estate Appraiser? An appraisal is a professional appraiser’s unbiased and impartial opinion of value based on the condition of the property, prevailing real estate prices and other factors. An independent appraisal sets a benchmark value for your real estate. Call today!

Real Estate 36

Real Estate Appraisal Valuation Loan Officers 36

Appraisal Buzz

OCTOBER 11, 2021

If they’re in the mortgage industry, they’ll likely fall into one of two groups – those who understand the value you bring to the home finance transaction and those who think you fill out forms. There can be a wide variance between what intended users require in terms of property data, think lenders versus tax assessors.

Appraisal 397

Appraisal Clients Advertising Investors 397

Cleveland Appraisal Blog

APRIL 11, 2023

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value? Isn’t that all that appraisers do?

Appraisal 354

Appraisal Market Value Legal Property Appraisal 354

McKissock

DECEMBER 28, 2021

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. Mortgage rates are expected to rise, but still remain attractive and reasonable.

Appraisal 96

Appraisal Reconsideration of Value Real Estate Property Appraisal 96

The Robert Weiler Company

JANUARY 2, 2021

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Learn how you, the real estate investor, can avoid the bank and make an agreement directly with the seller. You may have noticed by now that a land contract sounds similar to a mortgage. What is a land contract in Ohio, really?

Contracts 143

Contracts Tenants Legal Sellers 143

McKissock

MAY 14, 2023

for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g., fee simple, leased fee, etc.) population, news articles, economic data, internet searches, etc.)

Appraisal 87

Appraisal Appraisal Process Property Appraisal Real Property 87

Cleveland Appraisal Blog

JUNE 23, 2023

Start thinking about the financing options available, such as mortgages, loans, and grants, and the associated interest rates, repayment terms, and fees. Depending on what you are buying and local tax laws you may also wish to look into property tax loans and if possible you should hire a realtor to walk you through the buying process.

Property Taxes 195

Property Taxes Legal Law Property Appraisal 195

Appraisal Today

SEPTEMBER 22, 2023

Broker-Associates and Appraisal Licensees accounted for 13% and two percent, respectively, while the remaining two percent reported holding other types of real estate licenses. They included appraisers, real estate agents, and someone with a week, a month, or online video training.

Appraisal 86

Appraisal Training Inspection Real Estate 86

The Robert Weiler Company

OCTOBER 15, 2021

retail and restaurant headquarters, but the Columbus, OH real estate and job markets have seen remarkable growth, too. As such, there is no better time than now to seek out commercial real estate in Columbus, Ohio. TABLE OF CONTENTS: The Upside (and Downside) of Buying Commercial Property for Sale in Columbus, Ohio.

Investing 138

Investing Real Estate Tenants Investors 138

McKissock

APRIL 30, 2021

As a real estate appraiser, whether you’re considering the current terms of sale or analyzing previous sales of the subject property or comparable sales, it is imperative to know whether a sale is an arms-length transaction or a different type of sale. Estate sale. Estate sale. Short sale. Court ordered sale.

Market Value 88

Market Value Real Estate Appraisal Sellers 88

The Robert Weiler Company

SEPTEMBER 7, 2022

As a whole, commercial real estate has seen great success in 2022, despite rising interest rates. Surges in Residential and Commercial Real Estate, and Land Sales. Residential Real Estate Sales. Low mortgage rates have steadied, welcoming batches of new buyers eager to own a home in the market.

Marketing 78

Marketing Real Estate Investing Retail 78

McKissock

AUGUST 13, 2021

Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. ” McKissock has offered courses on mortgage fraud for decades. Written by Steven W.

Contracts 64

Contracts Appraisal Market Value Real Estate 64

McKissock

JUNE 22, 2021

Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your real estate appraisal career. Assessment appeal work provides a great opportunity to diversify your appraisal practice as local taxing authorities receive numerous complaints about overvalued real estate properties.

Reconsideration of Value 52

Reconsideration of Value Appraisal Real Estate Retail 52

Empire Appraisal Group

JULY 1, 2021

Appraisers are an integral part of the real estate sales process. Bradley says some real estate pros give her a spreadsheet of the multiple offers on the property. “We a residential real estate appraisal firm based in St. 5 Appraisal Topics Every Agent Should Know. They’ll figure out what to use.

Agents 78

Agents Appraisal Real Estate Realtors 78

Appraisal Today

DECEMBER 2, 2022

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. Appraisers are real estate reporters.

Appraisal 80

Appraisal Agents Real Estate Real Estate Agent 80

The Robert Weiler Company

SEPTEMBER 7, 2022

Below, we explore why it’s a good idea to buy land in Ohio; the benefits of buying land to build a house or business; and we even detail some alternatives to buying real property… from your couch, if you’re not ready to buy land for sale! Tax Deduction (homeowners can deduct property taxes and mortgage interest).

Investing 78

Investing Business Real Estate Buyers 78

Appraisal Today

SEPTEMBER 1, 2023

NOTE: Please scroll down to read the other topics in this long blog post on MLS hacked, Wells Fargo discrimination, unusual homes, mortgage origination = $274K Bedford, Pennsylvania Mansion Comes With Its Own Jail Excerpts: 5 bedroom, 1.5+ bath, 7,880 square feet (House is 3,500 sq.ft., built in 1905) 0.66 District Court, N.D.

Appraisal 78

Appraisal Contracts Mortgage Real Estate 78

Lamacchia Realty

APRIL 4, 2024

When it comes to real property (including a home or land), there are different kinds of ownership that help the courts determine who the executors of an estate sale will be: Sole Ownership – This is when a property is owned by one individual. They will be your best resource for the legalities of an estate sale.

Tenants 51

Tenants Realtors Legal Real Estate 51

Appraisal Today

NOVEMBER 20, 2022

NOTE: Please scroll down to read the other topics in this long blog post on State board complaints, non-lender appraisals, mortgage forecast, real estate market changes, unusual homes, mortgage origination stats, etc. ==. Shaped like baskets, carpets, and fish, you won’t believe these buildings are real.

Appraisal 52

Appraisal Real Estate Agent Real Estate Contracts 52

McKissock

SEPTEMBER 15, 2020

Failure to disclose significant real property appraisal assistance is another common violation. Believe it or not, sometimes trainees/applicants will send in the appraisal reports, and the trainee is not mentioned in the reports as having providing significant real property appraisal assistance.

Appraisal 52

Appraisal Property Appraisal Real Property Law 52

Appraisal Today

APRIL 2, 2023

Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. Richardson, a real estate agent, attorney, and co-founder of Richardson, Ober, DeNichilo.

Contracts 52

Contracts Appraisal HOA Architecture 52

Appraisal Today

APRIL 1, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, real estate market, regression and AVMs, unusual homes, mortgage origination stats, etc. = This statement definitely applies in the appraisal of real property. Higher mortgage rates triggered a drop in demand.

Appraisal 52

Appraisal Business Marketing Agents 52

Annarbor Appraisal

APRIL 9, 2020

Not that long ago, the United States in general experienced a significant decline in property sales prices due to the Great Recession and the mortgage market fallout. On 3/23/20, Governor Gretchen Whitmer announced a “stay at home” order affecting all non-essential businesses, which included real estate showings.

Buyers 78

Buyers Property Taxes Sellers Realtors 78

Empire Appraisal Group

JULY 28, 2022

It is in our interest, as competent real estate professionals, to be aware of the ever-changing valuation landscape so that we can help our clients better understand the appraisal and financing process. Broad adoption of the ANSI standard by the secondary mortgage market would reduce confusion. Craig Morley. George, Utah.

Agents 78

Agents Appraisal Valuation Realtors 78

Property Metrics

DECEMBER 10, 2021

To minimize or defer the tax bill when selling investment real estate, investors commonly use what’s known as a 1031 or Like Kind Exchange. 1031 ), which defines the conditions for tax deferral on the sale of real estate. No “Boot” : Boot refers to any non-like kind property received in a 1031 exchange.

Investors 36

Investors Market Value Investing Real Estate 36

Will Springer Realtor

AUGUST 2, 2022

That’s why it’s critical for a competent real estate professional and title officer to review the title as soon as possible and help identify any potential concerns. EASEMENTS: An irrevocable right to use some part of another person’s real property for a particular purpose.

Easement 36

Easement Sellers Legal Buyers 36

Appraisal Today

OCTOBER 27, 2023

This satisfies the affordable housing element,” Al Salguero, real property division manager at the Orange County Assessor’s Office, told the publication. I became well-known among appraisers, real estate agents, and others. October 25, 2023) — Mortgage applications decreased 1.0 There are few appraisers here.

Property Appraisal 72

Property Appraisal Appraisal Business Contracts 72