Appraisal Today

NOVEMBER 17, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Liability, Bias, reviewers with little experience, GSE modernization, unusual homes, mortgage origination stats, etc. acre lot A spectacular midcentury modern home, cantilevered 16 feet in the air, recently hit the market for $3 million in Oakland, CA.

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JANUARY 26, 2024

Current listings and especially homes in contract show current market conditions. The problem with listings and homes in contract is that they are not closed sales. Many listings have price changes before closing while homes in contract will sometimes fall out or will close at a price different from that published in the MLS.

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Appraisal Contracts Mortgage Inspection 86

Appraisal Today

JUNE 16, 2023

The finished mansion took nearly twenty years and its distinctive style is simultaneously primitive and modern, blending well into the high desert landscape. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.77 percent from 6.81 percent from 6.74

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Appraisal Contracts Design Retail 76

Appraisal Today

JULY 28, 2023

Tired of working for AMC/lenders with their UAD, forms, “modernization”, words to not use, etc? The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) remained unchanged at 6.87 The average contract interest rate for 15-year fixed-rate mortgages increased to 6.37

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Appraisal Contracts Mortgage Clients 81

Appraisal Today

NOVEMBER 8, 2024

Think of the new URAR like upgrading from a basic flip phone to a modern smartphone. Built in 1914, the Cape Cod mansion has been thoughtfully modernized over the years to retain its historic integrity. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 6.81

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Appraisal Contracts Modernization Clients 75

Appraisal Today

MARCH 8, 2024

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 7.02 The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $766,550) increased to 7.21 The average contract interest rate for 5/1 ARMs increased to 6.38

Appraisal 84

Appraisal Contracts Real Estate Housing Market 84

The Robert Weiler Company

MARCH 29, 2023

Also, you can sometimes obtain maintenance services at a discounted rate when the work is contracted through the property management company. Some property managers are more adept than others in using modern technology and keeping their finger on the pulse of the industry. Reduce legal concerns. What is their pricing breakdown?

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Property Management Tenants Real Estate Investors 78

Appraisal Today

NOVEMBER 24, 2023

Once again, modern brain-body science jumps ahead and teaches me things. At first glance, it might not register that most of this modern-industrial home in Northern California was built in a factory, delivered by a truck, and assembled on-site. The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.89

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Appraisal Mortgage Business Contracts 76

Appraisal Today

AUGUST 18, 2023

With the GSE appraisal modernization program, appraisers will more likely be asked to complete desktop or hybrid appraisal assignments in the future. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.16 percent from 7.09 percent from 7.04 percent from 7.02

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Appraisal Contracts Inspection Real Estate 76

Appraisal Today

OCTOBER 13, 2023

It’s quite amazing how the midcentury modern style has endured, persisted, and reemerged. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.67 The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 7.40

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Appraisal Law Contracts Business 81

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NOVEMBER 1, 2024

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 6.73 The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $766,550) increased to 6.77 The average contract interest rate for 5/1 ARMs increased to 6.20

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Appraisal Training Contracts Mortgage 84

Appraisal Today

SEPTEMBER 8, 2023

Moat and Waterfall at This $880K Midcentury Modern Inspired Home in Vermont 4 bedroom, 3.5+ The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 7.21 The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 7.03

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Appraisal Contracts Business Construction 81

Appraisal Today

SEPTEMBER 1, 2023

To read more, click here My comments: For decades, George has been trying to “modernize” how appraisals are done. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) remained unchanged at 7.31 The average contract interest rate for 5/1 ARMs decreased to 6.48

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Appraisal Contracts Mortgage Real Estate 80

Appraisal Today

FEBRUARY 16, 2024

Many downtown mixed-use buildings (retail and apartments) are in my city. acre lot A unique home with modern architectural features seldom seen in a suburban setting. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 6.87 baths, 2,973 sq.ft.,

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Appraisal Contracts Training Architecture 81

Appraisal Today

APRIL 26, 2024

What should appraisers look for in a sales contract? The One-Mile Rule: Prudent Policy or Modern Day Redlining? The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.24 The average contract interest rate for 15-year fixed-rate mortgages increased to 6.75

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Appraisal Real Estate Real Estate Agent Contracts 78

Appraisal Today

FEBRUARY 9, 2024

Set on a hill above a desert filled with midcentury modern homes, this duo of dwellings is part of the Hopi Village group of rock residences built by R. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 6.80 Lee Miller. There are four of these homes.

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Appraisal Today

JULY 12, 2024

Charles kitchen cabinets have been preserved and restored, blending seamlessly with luxurious modern updates like fine wool carpeting in the bedrooms and sophisticated new kitchen and bathroom fixtures. The kitchen also looks like a step back in time but it’s been updated with modern appliances: a fridge and an oven. percent from 7.03

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Appraisal Design Contracts Business 69

The Robert Weiler Company

NOVEMBER 10, 2021

If you plan to buy commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. Not only that, but you want those transit links to be modern, well funded, and in high use. Swimming in Success: Restaurant and Retail Rental Space.

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Real Estate Retail Investing Tenants 78

Appraisal Today

JANUARY 20, 2023

Could a seller credit damage the chance of appraising at the purchase contract? The seller can give 3% or more if the lender allows, but this shouldn’t have any bearing on the appraised value theoretically because the proof of value is found in the comps – not the terms of the contract. It sounds a bit suspect, right?

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Appraisal Contracts Sellers Business 52

Appraisal Today

APRIL 21, 2023

Despite the fresh coat of paint and a small but modernized kitchen and bath, the home retains many of its original features, including the loft bedroom, where the school’s headmistress once slept. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.43

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Appraisal Contracts Modernization Mortgage 52

Appraisal Today

APRIL 19, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, forms to reports modernization, AMCs, earthquake risk, unusual homes, mortgage origination stats, etc. == == Rare Coastal Contemporary Manchester, MA, for $9M Excerpts: 5 bedroom, 4.5 bath, 5,258 sq.ft. percent from 7.01 percent from 7.13

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APRIL 5, 2024

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.91 The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.74

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Appraisal Contracts Business Construction 78

Appraisal Today

AUGUST 4, 2023

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.93 The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $726,200) decreased to 6.89 The average contract interest rate for 5/1 ARMs increased to 6.18

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Appraisal Business Contracts Real Estate 73

Appraisal Today

MAY 27, 2022

NOTE: Please scroll down to read the other topics in this long blog post on VA appraisals, appraisal modernization, eliminate VA panel, unusual homes, mortgage origination stats, etc. Lenders See Considerable Value in Appraisal Modernization. The average contract interest rate for 5/1 ARMs increased to 4.49 By Mark Buhler.

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Construction Appraisal Modernization Contracts 52

Appraisal Today

SEPTEMBER 29, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ percent from 11.0 percent from 0.4

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Insurance Appraisal Contracts Mortgage 80

Appraisal Today

AUGUST 5, 2022

Fannie: Learn how valuation modernization is changing collateral underwriting – Video, 1 hour, 23 minutes. Excerpt from emailed notice: “Valuation Modernization: New perspectives on collateral underwriting” is a must-see for underwriters and appraisal reviewers. The average contract interest rate for 5/1 ARMs decreased to 4.55

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Appraisal Valuation Contracts Modernization 59

Appraisal Today

JULY 7, 2023

Everything has been fully modernized. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.85 The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $726,200) increased to 6.95 percent from 6.75

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Appraisal Real Estate Contracts Mortgage 77

Appraisal Today

MAY 26, 2023

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B Some appraisers feel that lenders should not provide them with the purchase and sale contract.

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Easement Contracts Appraisal Inspection 52

Appraisal Today

MAY 31, 2024

The perception is that the house is [in] more move-in condition, because it feels more modern to the eye.” The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.05 The average contract interest rate for 15-year fixed-rate mortgages increased to 6.66

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Appraisal Insurance Contracts Architecture 66

Appraisal Today

SEPTEMBER 13, 2024

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.29 The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $766,550) decreased to 6.56 The average contract interest rate for 5/1 ARMs decreased to 5.85

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Construction Appraisal Contracts Mortgage 72

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. Excerpts: the 14,500-square-foot modern home where almost every room offers an excellent view. USPAP and the Contract. Therefore, they say, keep the contract!

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Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

SEPTEMBER 27, 2024

This class is required before this new UAD material can be taught to other appraisers, under contract with the GSEs. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.13 The average contract interest rate for 15-year fixed-rate mortgages increased to 5.47

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Property Appraisal Appraisal Training Contracts 73

Appraisal Today

AUGUST 16, 2024

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.54 The average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $766,550) increased to 6.78 The average contract interest rate for 5/1 ARMs increased to 6.04

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Appraisal Contracts Mortgage Design 66

Appraisal Today

DECEMBER 23, 2022

Modern valuation progress requires three things: 1) a clear definition of “what is a comp?” My comments: George continues on his long-time quest to really modernize residential appraisals, not just designing another type of online report or speeding up the appraisal process with AVMs and desktops. To read what more, click here.

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Appraisal Contracts Mortgage Modernization 52

Appraisal Today

JULY 29, 2022

It sits in the Sarasota beachfront neighborhood of Lido Shores, an area that’s a haven for modern architecture. This is actually about fewer buyers getting into contract. Some got teller jobs in bank retail locations. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 5.54

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Real Estate Agent Real Estate Appraisal Agents 52

Appraisal Today

MAY 17, 2024

Jauregui (agent) explains that the three-level residence was designed to blend modern design with sustainability. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 7.08 The average contract interest rate for 15-year fixed-rate mortgages increased to 6.61

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Tools Appraisal Renovations Design 65

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FEBRUARY 23, 2024

Resembling a modern French Chteau, it features a freshwater lake, manicured gardens, and three levels of luxurious living spaces. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.06 The average contract interest rate for 5/1 ARMs increased to 6.37

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Appraisal Real Estate Contracts Reconsideration of Value 69