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In 2018, the GSEs changed policy to allow hosts of Airbnb, VRBO, Vacasa… etc. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. The purchase of realproperty for the purpose of investment is not new. If only it was that simple.
In 2018, the GSEs changed policy to allow hosts of Airbnb, VRBO, Vacasa… etc. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. The purchase of realproperty for the purpose of investment is not new. If only it was that simple.
Value is defined in the Uniform Standards of Professional Appraisal Practice (USPAP) as: “The monetary relationship between properties and those who buy, sell, or use those properties, expressed as an opinion of the worth of a property at a given time. Unlike value, price is not an opinion. What is Sale Price?
To read many practical tips, click here My comments: Worth reading. Fannie Update: Uniform Appraisal Dataset (UAD) and Forms Redesign Excerpt from 3-29-23 email The Uniform Appraisal Dataset (UAD) and Forms Redesign has taken a big step with the release of the implementation resources.
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