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HECM study examines borrower trends over two decades

Housing Wire

Department of Housing and Urban Development (HUD) Office of Policy Development and Research (PD&R) in 2022 aimed to assess the state of the Home Equity Conversion Mortgage (HECM) program over a 20-year period. A study commissioned by the U.S.

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Jim Amorin steps down as CEO of Appraisal Institute

Housing Wire

Home value inequalities are the result of appraisal practices that elevate White spaces as the most valuable,” the report said. Korver-Glenn and Howell said that dating back to 2013, homes in white neighborhoods have been appraised as being worth $371,000 more, on average, than homes in white neighborhoods.

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Progress now or perfect later: Improving the appraisal process

Housing Wire

I hear these phrases quite often when it comes to product and software development, but I think they apply very well to solving complex problems like transforming the property appraisal process to work better for every stakeholder. And as a bonus, the spec provides a home for digital captures of properties to be included.

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The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

Because in both instances, they first had their homes valued by real estate agents, not appraisers. The opposing side in one of the cases required that a new valuation be completed by a state-certified appraiser. In the other case, my client’s attorney recommended having their marital property appraised.

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Appraisals derail sales in the tight Chicago market!

Chicagoland Appraisal Blog

If the realtor is not there we can’t ask questions like how was the listing price developed? Providing real estate appraisal services since 1999 with an array of experience in property appraisals that includes Divorce, Estate, Bankruptcy, Tax Appeals, Pre-Listings, Pre-Purchase, FSBO and more.

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Teardowns Return as the Cost of Land Rises

Empire Appraisal Group

It tells an important story about the history and development of our area.”. Four blocks south of Skier in a carve-out pocket of El Cid that is not part of the historic district, a 1953 home was crunched into chunks and hauled away earlier this month.

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Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

In Columbus, many commercial real estate owners are excited when asking the question, “What’s my commercial property worth?”. Consider this: According to Crain’s Chicago Business, Columbus saw the most substantial increase in total home value in the country. A recent change by the U.S.

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