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Opinion: Title insurance is vital to protecting the American dream

Housing Wire

As the economy and housing market begins to slow, we must avoid the temptation to move away from well-regulated products that are a key part of protecting lenders and homeowners. The last housing crisis proved that strong underwriting standards are critical, especially during market downturns.

Insurance 518
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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

In 2007, he started appraising conservation easements, which are specified areas of land earmarked for environmental conservation. Owners with conservation easements can claim an income tax deduction. Conservation easement appraisals are a definite risk for appraisers. They are not easy to do. We all know this is true.

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Are Appraisers Professionals?

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on Easement Liability, college degree requirement AQB, Fannie June Update, ADUs, unusual homes, mortgage origination stats, etc == = Renovated Modernist Mansion in Salt Lake City for $3.699M Excerpts: 4 bedrooms, 4 baths, 4,660 sq.ft., percent from 7.03 percent from 7.11

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

To read more, Click Here To read the listing with a virtual tour and 111 photos, Click Here == Some red flags for the housing market By Ryan Lundquist, May 2, 2024 Excerpts: Consumers are feeling economic pain, and we need to talk about some of the things that are brewing. There is no integrity in that. percent from 7.29

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Appraisers: How and Why To Check Carbon Monoxide Detectors

Appraisal Today

There may be unrecorded easements or other issues that the appraiser would not and could not discover during the course of the inspection. Excerpts: Housing trends are changing by the week, and it’s time to start believing the Fed when they talk about resetting the housing market. By Ryan Lundquist. percent from 6.25

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Appraisals and Water Frontage

Appraisal Today

The canal was owned by the state with an unclear easement for building beyond the rear lot line. Two Trends Slowing Housing Market Normalization. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 5.98 Existing Homeowners, the Immovable Object.

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Opinion: The risks when refinancing: Why title insurance is essential 

Housing Wire

This is good news for prospective homeowners who have been shut out of the housing market, due in part to the high interest rates over the past several years. There could be easements put in place since the original sale, either by contract or adverse prescription (right of way for utilities).

Insurance 446