Housing Wire

MAY 3, 2022

The capital will be used to accelerate Point’s growth in the $25 trillion home-equity market, according to the company’s co-founder and CEO Eddie Lim. Point’s HEI contracts — which have 10- or 30-year maturities, the latter the standard since early 2020 — address many variables in a complicated, nuanced housing market.

Contracts 427

Contracts Investors Investing Market Value 427

Appraisal Buzz

AUGUST 16, 2021

Trying to meet deadlines, keep my clients informed, and put out a quality product in this busy market is enough to make my head spin. Lately, though, I’ve been trying to carve out some extra time to find out about what other appraisers are saying and doing in this unusual market. Markets hate uncertainty.

Market Value 448

Market Value Buyers Appraisal Sellers 448

Housing Wire

MAY 19, 2021

The hike has also added nearly $13,000 to the market value of an average new multifamily home, which translates into households paying $119 a month more to rent a new apartment, the NAHB said. The post Mortgage applications increase for second straight week appeared first on HousingWire.

Mortgage 368

Mortgage Contracts Market Value Marketing 368

Housing Wire

MARCH 24, 2023

An appraisal gap is the difference between what a buyer agreed to pay for a home in a purchase contract and what an appraiser concludes as the fair market value of the property. The truth of it is that an appraisal coming in below the contract price can be a powerful tool for a homebuyer and save them future pain and heartache.

Appraisal 418

Appraisal Contracts Valuation Tools 418

Housing Wire

DECEMBER 2, 2021

Zillow said Thursday that more than 50% of its remaining iBuying inventory “has sold, is under contract to sell or has reached agreement on disposition terms.”. The company’s market cap has fallen to $13.7 Stock repurchase plans are sometimes used by executives to demonstrate confidence in their companies’ Wall Street value.

Inventory 445

Inventory Real Estate Agent Investors Market Value 445

Appraisal Buzz

DECEMBER 9, 2024

To effectively support market condition adjustments in line with recent Fannie Mae guidelines, appraisers can use a variety of market analysis techniques. These methods provide a solid foundation for demonstrating how changing market conditions affect property values over time.

Appraisal 358

Appraisal Marketing Valuation Tools 358

Housing Wire

AUGUST 31, 2023

and Business MAPS Management LLC as defendants, Davis alleges that the defendants inflated key profitability metrics including company sales and profits to convince individuals to purchase Keller Williams Regions and Market Centers. In the filings, which name Keller Williams , Keller, former KW president Josh Team, Business MAPS Ltd.

Contracts 427

Contracts Business Brokerage Training 427

Housing Wire

MAY 21, 2024

Without sales figures, it’s difficult to access comparable sales, and home buyers may find it challenging to gauge the fair market value of a property. Buyers should focus on other factors when estimating a property’s value , such as location, condition of the home, local amenities, and current market trends.

Real Estate Agent 425

Real Estate Agent Real Estate Inspection Valuation 425

Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. However, oftentimes, it does not. .

Appraisal 418

Appraisal Market Value Contracts Agents 418

Housing Wire

NOVEMBER 2, 2021

The prior announcement was stunning in its own right, and led to revelations that the company bought homes for well above market value, and re-listing homes for less than what they were bought for. By close of the market Tuesday, the company’s stock price had tumbled 12% during the day, trading at $87.20

Market Value 418

Market Value Real Estate Agent Agents Business 418

George Dell

AUGUST 25, 2021

“Appraisal is market analysis!” Freddie Mac Chief Appraiser Scott Reuter recently noted pervasive market analysis deficiencies in appraisal opinions. Specifically, discrepancies from actual contract prices. The post Can You Measure Market Velocity? is the title of a 1975 journal article by Richard Ratcliff, MAI.

Marketing 195

Marketing Contracts Appraisal Market Value 195

Housing Wire

MARCH 1, 2023

The marketing materials include rate, payment, and annual percentage rate (APR) information, and are tailored to the borrower’s unique loan type and amount, property location, down payment, and other details.

Real Estate Agent 292

Real Estate Agent Technology Open Houses Loan Officers 292

Housing Wire

JUNE 11, 2021

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. If the appraised value ends up matching or is higher than the contract price, the transaction can continue as planned.

Inspection 458

Inspection Appraisal Appraisal Process Buyers 458

McKissock

DECEMBER 14, 2021

Property appraisers don’t dictate what the value is. We merely research and analyze market data to interpret and then report what the market says the value is. ” He went on to explain how the market had said that, placing all the blame on that darned old market.

Market Value 80

Market Value Marketing Property Appraisal Appraisal 80

Cleveland Appraisal Blog

OCTOBER 14, 2021

Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”. Let’s talk about the difference between today’s market and the one during the years leading up to the bursting of the housing bubble in the Great Recession of 2008. Granted, mortgage rates were not terrible.

Inventory 243

Inventory Market Value Appraisal Contracts 243

JMV Lending

APRIL 18, 2024

We had an appraisal come in $40,000 under contract a few weeks ago and both the buyers and sellers were furious solely because they did not understand appraisal guidelines. The post Appraised Value Can’t Exceed Highest Comps; Appraised Value Market Value; WHY WE NEED AGENTS!

Market Value 78

Market Value Appraisal Agents Marketing 78

Housing Wire

JUNE 19, 2023

Adding to the issue are concerns raised by educators regarding their working conditions including pay, a lack of support, inflexibility in instruction requirements, lack of multi-year contracts and large classroom sizes according to the Florida Education Association.

Development 325

Development Market Value Contracts Construction 325

Housing Wire

JULY 6, 2022

PFSI), which ranks as one of the top five mortgage lenders nationally, are seeking to raise more than $700 million in the debt markets through the sale of notes secured by mortgage servicing rights. And fast-rising rates in 2022 have quelled the once-booming refinancing market, which is a major driver of mortgage prepayments.

Investing 342

Investing Finance Mortgage Valuation 342

Housing Wire

JULY 13, 2022

June was a rough month for jumbo-mortgage securitizations, with only two private-label offerings brought to market valued at roughly $821 million. The Rocket prime jumbo deal was backed by mortgages valued at $337.9 That has created a distortion in execution and pricing in the secondary mortgage market.

Mortgage 365

Mortgage Market Value Contracts Marketing 365

Appraisal Buzz

MAY 24, 2021

When you calculate a house’s worth, you think about how numerous factors position the property in the current market. Challenges often arise in how professionals figure out the overall value of multifamily homes. Challenges often arise in how professionals figure out the overall value of multifamily homes.

Appraisal 397

Appraisal Tenants Buyers Landlords 397

Housing Wire

JUNE 2, 2022

Morgan announced that it had settled its first tokenized transaction involving money-market fund shares as collateral — with plans to eventually pursue blockchain-based transactions for tokenized collateral involving equities and fixed-income securities, which include mortgage-backed securities (MBS). You don’t need it.”.

Technology 397

Technology Investing Investors Mortgage 397

Cleveland Appraisal Blog

SEPTEMBER 30, 2022

However, enough information should be shared to help the reader begin to develop an idea of how the property being appraised fits into the overall market. This first section of the report discusses some of the positive and negative aspects of a neighborhood that may impact market value. NEIGHBORHOOD. IMPROVEMENTS. How big is it?

Appraisal 341

Appraisal Market Value Development Clients 341

Cleveland Appraisal Blog

MAY 26, 2023

They will analyze market conditions and they will look for comparable sales that have sold in the area of the subject property in recent months. If they end up too high, the home will likely sit on the market until the price is reduced. Now, imagine that a real estate agent values a property for the purpose of a divorce.

Appraisal 301

Appraisal Real Estate Agent Real Estate Valuation 301

Walitt Solutions

MAY 24, 2024

My market value conclusion came in below the purchase contract price. Now, a few weeks later, the parties have signed an addendum to the contract to match my value conclusion; the client has sent me that addendum. The client wants me to change my report to show the new amended contract price!

Contracts 74

Contracts Appraisal Clients Market Value 74

Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. However, oftentimes, it does not. .

Appraisal 262

Appraisal Market Value Contracts Agents 262

McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. When should we analyze the contract?

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Cleveland Appraisal Blog

JUNE 17, 2022

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. USPAP and the Contract – Tim Andersen, The Appraiser’s Advocate Podcast.

Appraisal 279

Appraisal Development Market Value Tenants 279

Miller Samuel

MARCH 19, 2019

In the original 2014 proposal by the Fiscal Policy Institute, the first item in the proposal is off to a bad start as they describe what happened in the market: These owners bid up the price of NYC residential real estate, and since they don’t spend much time in these units, contribute little to the local economy compared to full-time residents.

Real Estate 370

Real Estate Law Development Investors 370

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

(MLS) We use it to find homes that are comparable to the ones we are valuing, to determine what buyers are paying for similar homes. Appraisers also use interior photos to get an idea of the finishes and other features of a home that can impact value. What should appraisers look for in a sales contract? – APPRAISAL TODAY.

Agents 373

Agents Appraisal Renovations Development 373

Realtor

OCTOBER 29, 2020

Appraisal contingency: With this contingency, a third party hired by your mortgage lender evaluates the fair market value of the home. You have a specified time period, as stated in the sales contract, during which you have to obtain a loan that will cover the mortgage. A copy of your contract with the seller.

Buyers 208

Buyers Inspection Contracts Real Estate Agent 208

Cleveland Appraisal Blog

MARCH 25, 2023

Here are some links to other articles I think you might also enjoy… Housing Concerns About Bank Runs – Housin g Notes by Jonathan Mille r The Power of Praise – Rachel Massey, SRA, AI-RRS, IFA Working RE What is the Role of Market Trends in a Real Estate Appraisal?

Supply Chain 280

Supply Chain Renovations Appraisal Market Value 280

McKissock

MARCH 2, 2021

Here are five excellent resources offered by McKissock Learning—including a Pro-Series webinar on Wednesday, March 17, 2021, “ The Market Value Doesn’t Support the Contract Price, Now What? ”. Webinar: The Market Value Doesn’t Support the Contract Price, Now What? Sign up now.

Appraisal 103

Appraisal Contracts Market Value Clients 103

Simonson Real Estate

JULY 10, 2020

Examples: Owner-occupied properties don’t have a lease in place and so the property is appraised based on market rents. The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Value Scenarios. What is Market Value As Is and When is it Used?

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

Realtor

MAY 17, 2023

While it’s certainly true that you can let go of the anxiety of needing to show your home at any moment, you still need to cooperate with your buyer, the buyer’s agent, and the commitments made in the contract. Once the contract has been signed, a seller can’t renegotiate the price higher.

Sellers 142

Sellers Inspection Contracts Property Taxes 142

Town & Country Residential Appraisals

MAY 8, 2023

According to Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP), we are required to analyze any contracts for sale. That's why it's important for the appraiser to receive a copy of the sales contract. By viewing the contract, the appraiser may be able to identify irregularities and comment on them.

Contracts 54

Contracts Appraisal Real Estate Property Appraisal 54

Cleveland Appraisal Blog

JUNE 18, 2022

Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g. Click below to sign up or learn more.

Appraisal 309

Appraisal Law Development Valuation 309

Eyes on Housing

JUNE 12, 2023

1 Financial Accounts of the United States shows for a third consecutive quarter the value of households’ real estate assets contracted. The combination of economic uncertainty and declining home prices has played a role over the past year in decreasing the value of households’ real estate assets.

Real Estate 184

Real Estate Contracts Market Value Marketing 184