Remove 2001 Remove Buyers Remove Contracts Remove Lending
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Some mortgage companies expanding despite challenges

Housing Wire

increase year over year for properties under contract, indicating that demand in the city remains strong,” said Elizabeth Anne Stribling-Kivlan, Compass’ senior managing director. The company estimates there are about 3 million “aged properties” in the Chicago area alone, with almost 88% of them built before 2001.

Mortgage 388
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VA Update for Appraisers

Appraisal Today

2022 Study: More Than Half of Buyers Would Purchase a Haunted Home in a Competitive Market. About 58% of home buyers say they’d consider purchasing a haunted home, according to our new survey of 1,000 Americans. Maybe now buyers would be less interested in haunted houses. percent, the highest rate since 2001.

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Fannie Mae: No Appraisals Required? 3-10-23

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on Non-lender appraisals, AMCs, unusual homes, mortgage origination stats, etc. == Arizona House With a Quirky Boxcar Bunker Quickly Finds a Buyer Excerpts: 4,091 square feet. The average contract interest rate for 15-year fixed-rate mortgages increased to 6.25

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Too many appraisers?

Appraisal Today

The Inevitable Cyclicality of Mortgage Lending. Construction started in 2001 and took three years to complete with two bedrooms, 2 bathrooms, and a swimming pool. These worsening affordability challenges have been particularly hard on prospective first-time buyers.”. Loan applications are way down, the lowest in 22 years.

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Are Appraisers Professionals?

Appraisal Today

The college requirements1 have been a part of the Criteria (in one form or another) since the AQB initiated public discussion of these requirements in 2001, formal adoption in 2004, and subsequent implementation in 2008. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.87

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How to Reduce Appraisal Revision Requests

Appraisal Today

This strategy often backfires because parties involved in the lending process cannot find the specific information they are looking for in the report. When I did my national conferences from 2001 to 2006 there were no tests. ==. Qualified buyers and listing prices. Reduce lengthy commentary. Not required by California.