Bracketing Contracts Reference 
Appraisal Buzz
DECEMBER 9, 2024
Market Condition Adjustments Illustration Fannie Mae guidelines emphasize that adjustments made to comparable sales are based on market changes between the contract date of the comparable sales and the effective date of the appraisal. This is shorthand that every experienced appraiser knows and understands please dont @ me.
Birmingham Appraisal
APRIL 11, 2023
If agents can use the same techniques an appraiser uses the likelihood of there being a big discrepancy between the contract price and appraisal is reduced. 3) Use bracketing when choosing comps- The technique of using sales that are larger and smaller than the home you are pricing is referred to as bracketing.
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Birmingham Appraisal
SEPTEMBER 26, 2023
Outlier sales refer to property transactions that significantly deviate from the typical or median sales price within a particular market area. Overpriced listings may not accurately reflect the broader market, making it difficult for appraisers to justify the contract price. If you liked this post subscribe by email (or RSS feed ).
Raleigh Realty
MARCH 29, 2021
Refinancing refers to when a homeowner replaces the current loan package with a new one. Due diligence stretches from the time you sign a contract to closing. USDA loans are for those in the low to moderate-income bracket. While this isn't a perk specific to government employees, it can help you save money as a homeowner.
Appraisal Today
DECEMBER 13, 2024
INDUSTRY “Industry refers to an economic activity that deals with the production of goods like iron and steel industry, extraction of minerals like coal mining industry and the provision of services like tourism industry. .” The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.47
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