Remove Contracts Remove Home Value Remove Reconsideration of Value
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HUD rescinds appraisal review policies

Housing Wire

Policies related to appraisal appeals, or reconsiderations of value (ROV), were rescinded Wednesday by the Federal Housing Administration (FHA). Additionally, homes in Black communities are undervalued by an estimated 21% to 23%, translating to $162 billion in lost equity for Black homeowners.

Appraisal 213
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Appraisal Comparable Guidelines: A Cheat Sheet for Agents

Birmingham Appraisal

Similar school districts, especially in areas where schools significantly impact home values. Within a similar competitive market area (if no sales are available in the subject’s neighborhood or subdivision): ie, an area with similar quality, style, and price range of homes.

Agents 58
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Freddie Mac Appraisal Advice

Appraisal Today

Other recent appraisals of the same property had steadily increased in value, yet this appraisal resulted in a dramatic drop, despite the Denver market experiencing substantial growth in home values at that time. from 0.57 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans. percent from 6.87

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Practical Tips for Working With AMCs

Appraisal Today

Reconsideration of value and Appraisers. Is there any way to mitigate the risk and improve the property value? Building homes at a higher elevation will help. Regression results suggested that every foot of elevation can increase home value by 1.6% value to property. We all like free Liability advice!

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How to Find Comps With Few Sales

Appraisal Today

This will save time, especially when consumers request a Reconsideration of Value. Potential homebuyers are quite sensitive to these rate changes, as affordability is strained with both higher rates and higher home values in this supply-constrained market.” percent of total applications from 34.0 percent from 6.87

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Appraisal Sq. Ft. Appraisal vs. Assessor/Public Records

Appraisal Today

By Tom Horn Excerpts: Why Accuracy Matters Square footage is one of the most critical factors in determining a homes value, yet it is often misunderstood. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($806,500 or less) decreased to 6.67 There is, perhaps, a silver lining.