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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

Instead, they can have rights to it via an easement agreement until 2153—an arrangement that protects the house from developers. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 7.18 The average contract interest rate for 5/1 ARMs remained unchanged at 6.60

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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. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 6.52 The average contract interest rate for 5/1 ARMs increased to 5.30

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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. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) increased to 5.98 The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 5.62