Appraiserblogs

FEBRUARY 17, 2022

Why is the ASB proposing to remove the definition of Personal Inspection? Related Posts: USPAP Definitions of 'His' and 'Her' The USPAP Exposure Draft Process Continues To Step Outside Their Purpose With Her / Him as the new ‘Misleading’ Debacle…. The post Removing the Definition of Personal Inspection appeared on Appraisers Blogs.

Inspection 147

Inspection Appraisal Clients 147

Appraiserblogs

NOVEMBER 4, 2021

The USPAP Exposure Draft Process Continues To Step Outside Their Purpose With Her / Him as the new ‘Misleading’ Debacle The general idea of definitions added to USPAP was supposed to be industry-specific nomenclature. There is no incentive for the technical boards (AQB, ASB) to get it right.

Legal 139

Legal Design Appraisal 139

Housing Wire

NOVEMBER 8, 2024

The Selling Guide has also updated requirements “related to the market area analysis of the appraisal report and add[ed] standardized definitions relevant to appraisal market areas to the glossary.” It also clarifies that sellers and servicers are “responsible for preventing, detecting, and reporting mortgage fraud.”

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Sellers Government Modernization Appraisal 395

Appraisal Buzz

JUNE 8, 2022

Recently one federal appeals court, the US Court of Appeals for the 4th Circuit in Virginia, issued an opinion narrowing the definition of a QWR. Two Court Opinions Could Change the Definition appeared first on Appraisal Buzz. Meanwhile, the 9th Circuit is considering a similar issue and is expected to rule on.

Appraisal 150

Appraisal 150

Housing Wire

NOVEMBER 13, 2024

There is definitely a servicing waterfall that is important to keep in mind for tax and accounting purposes, Hultquist explained. This makes it important to continue leaning away from definitive statements, as the pair previously explained. The issue is the definitive statements made by such language.

Mortgage 340

Mortgage Home Value Insurance Tools 340

McKissock

MAY 14, 2021

The Official Definitions. The 6 th edition of The Dictionary of Real Estate Appraisal provides this definition of appraisal: “The act or process of developing an opinion of value; an opinion of value. A More Direct Definition. The definitions above are “official versions.” What is an appraisal, exactly? Supportable.

Appraisal 69

Appraisal Clients Development Real Estate 69

Housing Wire

OCTOBER 9, 2024

The trouble with definitive statements The first topic the pair covered was the trap that some reverse mortgage professionals might fall into by making “definitive statements.” They each sought to “blow the whistle on long-held notions that will open your eyes to a better presentation of the reverse mortgage.”

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HOA Legal Property Taxes Mortgage 374

Housing Wire

JULY 12, 2024

It absolutely wasn’t around the headline hype, but that informed me to the extent that as I looked at the things that I was passionate about, the opportunity to incorporate artificial intelligence in the mortgage ecosystem definitely had me leaning in. We’re so used to, “Ok, here’s the definition.

Design 430

Design Training Business Real Estate 430

Movoto

SEPTEMBER 23, 2024

The post Seller Concessions: Definition, Examples, & Loan Types appeared first on Movoto Blog. Whether you’re on the buying or selling side, be sure to explore all the resources on Movoto to prep you for your big move. Far beyond the closing table, we want you to feel confident as you navigate the ups and downs of homeownership.

Sellers 36

Sellers Buyers HOA Property Taxes 36

Housing Wire

MAY 13, 2024

Notably, it is expanding the definition of a “public assistance household” to those receiving Supplemental Nutrition Assistance Program (SNAP) payments and to households “where not all members receive public assistance,” according to the SSA. The final rule implementing these changes is scheduled to go into effect Sept.

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Insurance 424

Midtown Appraisal Group

SEPTEMBER 13, 2023

Sometimes, when you’re appraising a property – especially an older one – you’ll come across something that doesn’t seem to fit in with the typical zoning for the area: Maybe it’s a large commercial sign in a street of single-family homes, a quadruplex that was built in the 1960s that now sits beside luxury homes, […]

Appraisal 78

Appraisal 78

Listing Spark

NOVEMBER 14, 2024

The post The Definitive Guide to Flat Fee Full Service Real Estate appeared first on ListingSpark. By choosing a flat fee full service real estate model like ListingSpark, you’re not just saving money—you’re investing in a smarter way to sell your home.

Real Estate 36

Real Estate Sellers Modernization Legal 36

Housing Wire

FEBRUARY 7, 2024

The Fannie Mae February Selling Guide has a series of updates , including the expansion of value acceptance and property data appraisal waivers to condominiums, cash-out refinance allowances for manufactured homes, and updates to credit references and certain definitions.

Retail 456

Retail Project Management Insurance Landlords 456

George Dell

MARCH 15, 2023

The great recession, and things like that, which come around every 12-15 years, all concur with the ‘accepted’ definition of market value, as written in the USPAP book Advisory Opinion 30. Market value, of course!

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Market Value Marketing Valuation 370

Housing Wire

MAY 20, 2024

The changes also include the addition of accessory dwelling units (ADUs) to the definitions of eligible properties. “A In a section governing the processes of a financial assessment, certain definitions have been updated, including those for “effective income” (i.e.,

Reconsideration of Value 440

Reconsideration of Value Mortgage Inspection Insurance 440

Housing Wire

JUNE 21, 2023

The 2008 amendments, however, did not update the outdated definitions of regulatory capital from the original authorizing statute.” As it currently stands, FHFA’s authorizing statute “does not expressly permit FHFA to adjust the statutory capital definitions by regulation,” the report states. Unlike the U.S.

Finance 354

Finance Mortgage 354

Housing Wire

SEPTEMBER 30, 2024

“We are seeing multiple offers definitely in those medium price ranges. It has definitely downshifted, but in most cases, I am still seeing listing agents putting out deadlines for best and final offers.” There is definitely frustration among buyers,” she said. “It It gets discouraging.

Housing Market 348

Housing Market Marketing Inventory Agents 348

Inman

JUNE 9, 2023

With home prices and mortgage rates showing few signs of easing, only 19 percent of Americans thought May was a good time to buy.

Buyers 139

Buyers Marketing Mortgage 139

Real Estate News

MARCH 29, 2024

In the first of a three-part series, RESO CEO Sam DeBord explains what an MLS is — and what it isn't — and how definitions of the MLS can vary.

Real Estate 265

Real Estate 265

The Appraiser Coach

JUNE 20, 2023

I think I’ve talked to you about my definition of wealth before. My definition of wealth is the ability. It’s not having a sports car or a big fancy house. Read More

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Inspection Advertising Business Real Estate Agent 195

Housing Wire

JUNE 21, 2024

Citing a Centers for Disease Control and Prevention (CDC) definition of aging in place as “the ability to live in one’s own home and community safely, independently and comfortably, regardless of age, income or ability level,” columnists Edd and Cynthia Staton write that all potential factors should be considered before someone commits. “In

Renovations 409

Renovations Mortgage Finance 409

Housing Wire

JULY 10, 2024

And you definitely have to let the contractor do that heavy leg work for the building side of it, and work together with them each step of the way.” The FHA included the addition of ADUs to the definitions of eligible properties in the Single Family 4000.1

Tenants 470

Tenants Mortgage Construction Landlords 470

Sacramento Appraisal Blog

AUGUST 11, 2021

The housing market has turned the corner and we are seeing definitive slowing. Here are ten ways I’m seeing slowing in the market. If you’re not local, what are you seeing in your area? NOT DULL: The market is slowing, but it’s not dull. It is still really competitive. DOOM AND GLOOM: The doom and […].

Housing Market 479

Housing Market Marketing Appraisal Real Estate 479

Sacramento Appraisal Blog

JUNE 22, 2023

The housing market for new homes is rebounding, but that’s definitely not how I’d describe the rest of the market. Today I have some thoughts about new construction, avocado toast, and positioning yourself for the market that is happening. Skim or digest slowly.

Construction 326

Construction Housing Market Real Estate Appraisal 326

Housing Wire

OCTOBER 25, 2024

The Washington Legislature, Creelan added, has declined to add equity sharing agreements to its definition of a reverse mortgage, which he says is “dispositive” of the claim on the Washington CPA. Judge ‘struggles’ with Unison argument The panel was animated in asking questions of Unison’s positions.

Mortgage 445

Mortgage Law Legal Advertising 445

BiggerPockets

MAY 3, 2024

After the National Association of Realtors agreed to pay $418 million and eliminate the 6% commission to settle the lawsuit against it, attention in some quarters is now being turned to the mortgage interest deduction. […]

Mortgage 81

Mortgage Realtors 81

Housing Wire

OCTOBER 22, 2024

FHA believes a temporary waiver of its definition of ‘major repair’ related to the 15 days (or 30 days after November 4, 2024) needed for repair completion is crucial“ for ensuring that homeowners in these presidentially declared major disaster areas (PDMDAs) can rebuild.

Inspection 467

Inspection Finance Insurance Sellers 467

Housing Wire

MARCH 20, 2024

I think things have definitely picked up,” he said. I’ve talked to some leaders in this space recently and they’re telling me they’ve definitely seen an increase in volume. But I think there’s definitely a lot of good momentum out there.” That seems to be the general feeling.

Development 454

Development Mortgage Tools Loan Officers 454

Housing Wire

JULY 19, 2024

From my vantage point, Waterfall has definitely seen firsthand how Ginnie Mae and the FHA have been proactive here, especially in stabilizing the market after the failure of Reverse Mortgage Funding (RMF).” Ginnie Mae has] been very transparent about how securities are meant to support both issuers and investors,” he said.

Development 433

Development Mortgage Design Government 433

Sacramento Appraisal Blog

JANUARY 18, 2022

I’m definitely feeling that way as I finally got rid of a nagging cold that wouldn’t go away. Do you ever feel like it’s going to be a good week? I tested negative multiple times, so this really was a cold. But besides that, season four of Ozark is coming out on Friday, so I’m […].

Real Estate 385

Real Estate Marketing Buyers Housing Market 385

Housing Wire

JULY 1, 2024

He will ensure we deliver an exceptional customer experience to @Properties’ real estate agents’ clients, and he will definitely help solidify Proper Rate as the premier boutique mortgage company in the industry.” ” Knapp spent 10 years at Guaranteed Rate between 2008 and 2019 in multiple leadership roles.

Brokerage 432

Brokerage Retail Real Estate Agent Real Estate 432

Inman

AUGUST 5, 2024

By its definition, real estate is a high-churn business, according to Mike DelPrete, which offers the potential for massive shifts in brokerage revenue year-to-year.

Agents 166

Agents Brokerage Real Estate Business 166

George Dell

FEBRUARY 21, 2024

The dictionary definitions and explanations focus on the social and even political aspects of […] The post What is Appraisal Modernization? The word “modernization” has a meaning different from what I thought. It seems to depend on who is using the word. To me, it just meant “get with it!”

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Modernization Appraisal 195

Housing Wire

NOVEMBER 14, 2024

“This is evidenced by eXp’s statement that ‘the proposed class settlement with the Hooper Plaintiffs will cover claims that are substantially similar to the class asserted in the present matter,’ and therefore ‘Hooper Plaintiffs subsume the class definition.’”

Realtors 343

Realtors Legal Realty Real Estate 343

Appraisal Buzz

SEPTEMBER 26, 2022

We have rules, we have standards, and we all know the exact definition of value. The “official unofficial” government-related loan definition of market value is clear. Also part of the definition: Reasonable market exposure time. To find market value, I first had to carefully study that pesky definition. I was wrong.

Market Value 321

Market Value Sellers Buyers Finance 321

Housing Wire

OCTOBER 10, 2024

Earlier this year, the SSA updated and expanded the SSI benefit program to expand the definition of a “public assistance household” to those receiving Supplemental Nutrition Assistance Program (SNAP) payments and to households “where not all members receive public assistance.” In 2023, it was unusually high at 8.7%, while the 5.9%

Insurance 399

Insurance Marketing Finance 399

Inman

JULY 1, 2024

This month, Inman looks at luxury real estate to develop a working definition and determine how to differentiate services for discerning luxury clients.

Real Estate 171

Real Estate Clients Development 171