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How are appraisers handling concessions?

Sacramento Appraisal Blog

Could a seller credit damage the chance of appraising at the purchase contract? first appeared on Sacramento Appraisal Blog | Real Estate Appraiser. How are appraisers handling concessions to the buyer? These questions weren’t asked a year ago, but welcome to the 2023 housing market.

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Do Appraisal Gap Clauses Impact Appraisals?

Cleveland Appraisal Blog

An appraisal gap clause can be written into a contract. It states that the buyer will still purchase the home at the contract price, even if the appraised value is lower than the contract price by a certain amount. In this hot market, it’s not surprising that this type of clause is being written into some contracts.

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How AI Can Help Solve the Mortgage Industry’s Cyclical ‘Problem’

Appraisal Buzz

BLOG VIEW: The Federal Open Market Committee (FOMC) on Sept. The Fed’s initial cut is likely to bring more buyers and sellers to market, potentially opening the inventory floodgates and momentum for price competition. Traditionally, they would would ramp up hiring – more loan officers, processors, and contract underwriting.

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8 top real estate lead generation companies for 2024

Housing Wire

SmartZip primarily benefits experienced listing agents, yet any agent willing to nurture seller leads can thrive with this platform. Armed with this data, agents can streamline their outreach efforts and focus on sellers who are ready for their services.

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Freddie Mac Research Explores Causes for the Appraisal Valuation Gap for Homeowners in Minority Neighborhoods

Appraisal Buzz

Freddie Mac (OTCQB: FMCC) today released an analysis showing that appraisal values are more likely to fall below the contracted sale price of a home in census tracts with a higher share of Black and Latino households, resulting in an appraisal gap. Learn more at FreddieMac.com , Twitter @FreddieMac and Freddie Mac’s blog FreddieMac.com/blog.

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The Housing Market Has Become Like the Pymatuning Spillway

Cleveland Appraisal Blog

Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price. When an appraiser’s opinion of value is below the contract price, that’s when the carping begins. There is just not much out there to buy.

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8 best places to buy real estate leads in 2023

Housing Wire

Using analytics, it identifies potential sellers and prompts them to explore their home’s value on HousingNow.com, where leads must provide information to view listings. However, Market Leader may not be ideal for larger teams or those looking for more customization.