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CFPB Finalizes Personal Financial Data Rights Rule

Appraisal Buzz

It’s part of the CFPB’s efforts to finally activate Section 1033 of the Consumer Financial Protection Act, a dormant legal authority enacted by Congress in 2010. The post CFPB Finalizes Personal Financial Data Rights Rule appeared first on Appraisal Buzz.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

What’s the difference between a home inspection and an appraisal? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. An appraisal is a valuation of a property by a third party.

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Why Is the Square Footage in Public Records Different from the Appraisal?

Birmingham Appraisal

When an appraiser measures a home, their calculation often differs from whats in tax records. These discrepancies can lead to confusion, mispricing, and even appraisal challenges. Mass appraisal techniques: Since assessors handle thousands of properties, they often use general guidelines rather than physically measuring each home.

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What Kind of Appraisal Support Do You Want?

Cleveland Appraisal Blog

This is not an advertisement for them. Just like going cheap when buying running shoes can be costly, the same is true when it comes to hiring an appraiser. If you’re in need of an appraisal, I highly recommend not going with the cheapest appraiser. Is there really support for what the appraiser is reporting?

Appraisal 221
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MLSs, local associations help members navigate changes tied to NAR settlement

Housing Wire

Similar to the membership challenges Realtor associations may face as a result of NAR’s settlement agreement, some in the industry have posited that if agents can no longer list offers of cooperative compensation on the MLS, they may choose to bypass the platform altogether and advertise their listings elsewhere.

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Opinion: More can be done to shorten the average time to close

Housing Wire

In fact, if you were to describe the home-buying experience solely upon the things we see in advertisements, the home-buying process would end with the sales contract, and all parties would merrily proceed directly to the handing over of the keys. But there’s also room for improvement. It doesn’t lend itself to a 24-hour cycle.

HOA 488
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BHHS CEO Gino Blefari: ‘Doesn’t agree with it one bit’ about commission conspiracy

Housing Wire

However, Blefari said that those are just ranges, and he cited appraisal fees being waived or points on the mortgage as reasons why commission fees could change. .” Ketchmark then moved on to the disclosure documents that show 6% to 10% and other figures on commissions.

Sellers 448