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After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. At the end of the day, Pascoe says the process is not all that different than purchasing a home with a conventional mortgage.
“Mortgage rates are expected to rise, but still remain attractive and reasonable. The unprecedented buyer demand of 2021 will likely be suppressed to some extent due to affordability concerns in some markets, and more housing inventory will most likely be available from both the existing homes and new construction segments.”.
Chat GPT For Fannie Form Appraisal Reports By Dustin Harris Excerpts: The world of real estate appraisal is constantly evolving (much to our dismay sometimes), and as professionals in this field, it is crucial to stay ahead of the curve by embracing innovative tools and technologies. The answer is, Yes! You need to educate yourself.
Once you’ve accepted the assignment, what are some things to focus on when developing the appraisal? While you’re developing the appraisal, how do you find the best comparable sales information to include to ensure it’s highly defensible? The refinance share of mortgage activity decreased to 45.7
CDEI, MNAA Excerpts: Typically, this time starts when the comparable goes under contract, then ends on the effective date of the appraisal. Department of Housing and Urban Development (HUD). Purchase applications saw the strongest weekly pace in almost two months and were 7 percent higher than a year ago.
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