Appraisal Buzz

JUNE 12, 2024

The company launched VRM University (VRMU) in 2009, offering “specialized training for financial services and real estate professionals.” When we speak to prospective clients, we share our numbers,” said Travis-Johnson. I think that’s why we’re still here and we have long histories with our clients. We’re very open with that.

Training 221

Training Business Human Resources Appraisal 221

Appraisal Today

SEPTEMBER 20, 2024

… If a property is under contract for purchase at $450,000 and an appraiser provides a market value appraisal of $425,000 for the property, the $450,000 sale price is a fact, while the $425,000 appraised value is the appraiser’s opinion. This was in 2009 in the throes of the Great Recession. But in 2009, Simonson bought a house.

Appraisal 73

Appraisal Business Contracts Real Estate 73

Town & Country Residential Appraisals

JUNE 6, 2022

When making a decision to contract just about anyone to perform a service, one of the most important qualifiers for most is the experience one brings to the table. You really don’t want someone building your deck who has never built one before or replacing your transmission if they have never worked on cars.

Real Estate 50

Real Estate Valuation Real Estate Agent Appraisal 50

Appraisal Today

DECEMBER 2, 2022

My personal comments: George called me before the first Appraisal Summit on December 9-11, 2009. Which is MOST important for building strong appraisal-client relationships? Top earners in the real estate appraisal profession are those who consistently bring in new clients. You will be missed. I did not know who he was.

Appraisal 80

Appraisal Agents Real Estate Real Estate Agent 80

Appraisal Today

AUGUST 25, 2023

The sellers custom built the home between 2007 and 2009, using high-end materials and finishes, including a wall of windows and 26-foot-high ceilings in the great room. ” That means appraisers in affected areas should let clients know that certain assignments may be on hold for now. percent from 7.16 percent from 7.11

Appraisal 76

Appraisal Real Estate Agent Agents Real Estate 76

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. Include graphs and charts in your appraisal to show your clients what is happening now and why they need human appraisers. . USPAP and the Contract.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

JUNE 10, 2022

Recall the five forces of friction: practices, standards, education, regulation, and client expectation. Communicating with non-lender clients: Very, very different than lenders. The hangar was built in 2009, and the home was completed in 2014. The average contract interest rate for 15-year fixed-rate mortgages increased to 4.62

Appraisal 52

Appraisal Contracts Business Mortgage 52

Appraisal Today

MAY 26, 2023

A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. Some appraisers feel that lenders should not provide them with the purchase and sale contract. Then that contract does not serve to color, cloud, or otherwise bias a value opinion. We all know this is true. percent from 6.57

Easement 52

Easement Contracts Appraisal Inspection 52

Appraisal Today

JUNE 24, 2022

Communicating with non-lender clients is very, very different than lenders! percent – the highest since November 2008 and the largest single-week increase since 2009. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 5.98 percent from 5.65

Appraisal 52

Appraisal Contracts Mortgage Easement 52

Quicken Loans

APRIL 12, 2021

Foreclosure purchases thrived in 2009-2010 when a recession-battered housing market hit its peak foreclosure rate. If you are a Quicken Loans ® client and need assistance, please call our customer service number at (800) 508-0944, so we can go over your options to help you get back on track. HUD-certified financial counseling.

Inspection 54

Inspection Property Taxes Mortgage Investors 54

Listing Spark

DECEMBER 15, 2022

To ensure compliance, it’s important to get an under contract, verify income and down payment, and have the borrower go to an RMLO to get a full underwrite. So obviously you know, back in 2009 and 2010 when we started doing owner finance and the markets, you know, you couldn’t flip a house or anything.

Finance 36

Finance Investing Real Estate Lending 36

Will Springer Realtor

MAY 9, 2023

month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 Four other residences have traded hands this year and two more are under contract for sale. Kitchen and bath professionals are reporting 3.9-month There are currently 10 residences on the market in the 267-unit, 4 th Avenue high-rise.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Appraisal Today

JANUARY 3, 2025

Built in 2009 The otherworldly dwelling, which is designed to withstand a Category 5 hurricane, landed on Floridas Space Coast in 2009 and boasts 3,224 square feet of rocket-inspired space. Set goals for 2025 and plan how you will accomplish them What are your best current and former AMC/lender clients? percent from 6.89

Construction 82

Construction Appraisal Contracts Mortgage 82

Appraisal Today

MAY 20, 2022

No lender work and many other clients want to know if you are licensed. They had to get licensed because their clients wanted it, particularly attorneys. Fewer pending contracts (big news): We’ve seen a dip in pending contracts over the past few weeks, which speaks to shifting demand. percent from 5.53 percent from 5.08

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Will Springer Realtor

JUNE 9, 2021

More than 90% of builders in May reported shortages of appliances, framing lumber and other wood products: To address rising costs, some 47% of builders surveyed this spring say they are including price-escalation clauses in their sales contracts to avoid a deeper hit on their bottom lines. High demand kept supply depleted. This 3-bed, 3.25-bath

Housing Market 36

Housing Market Marketing Inventory New Listings 36

Housing Wire

FEBRUARY 22, 2022

But homebuilders big and small continue to run into the same problems – building permits are on file, contracts with buyers are inked, but subcontractors often don’t show, and access to materials have led to longer build times and cost overruns. Currently, over 1.7 million homes are under construction, the highest level in decades.

Supply Chain 538

Supply Chain Construction Inventory Housing Market 538