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Cost Approach in Fifteen Minutes or Less

Appraisal Buzz

In 2010, I was still puzzled by the reticence of many appraisers to embrace the Cost Approach as it increases our level of credibility. I can use median or average, but I have to remember to cull the data for common sense bracketing and consider overall site sales related to the subject property use and size. 4) Streamline (update).

Valuation 370
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ARMs race: adjustable-rate mortgages make a comeback

Housing Wire

The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, created in direct response to the financial crisis, requires lenders to check a buyer’s ability to repay (ATR), which protects them from predatory lending practices. It’s not a bad thing for borrowers, lenders, and loan investors.

Mortgage 370
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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. We’re already having conversations with our clients in the industry. So, what did they do? Many increased their savings. How Is My Neighborhood Doing? I May Need To Sell.