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How should appraisers approach short-term rentals?

DataMaster

. — also known as short-term rentals (STRs) — to claim STR income as part of the borrower qualifications side of the lending decision. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. This is creating significant friction in the lending environment.

Appraisal 148
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How should appraisers approach short-term rentals?

DataMaster

. — also known as short-term rentals (STRs) — to claim STR income as part of the borrower qualifications side of the lending decision. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. This is creating significant friction in the lending environment.

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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. Appraisers assemble a series of facts, statistics, and other information regarding specific properties, analyze this data and develop opinions of value. Value Scenarios.

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GSEs still shun the low end of manufactured housing

Housing Wire

Instead, they have opted to finance manufactured homes that more closely resemble site-built homes, are titled as real property and cost much more. Freddie Mac has sought to educate borrowers on options to convert chattel financing to real property. Could the same logic be applied to chattel loans?

Finance 444