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Opinion: Title insurance is vital to protecting the American dream

Housing Wire

As someone who spent a career in the title insurance industry – both as a builder of a title business and leader of the industry’s trade group, — I am proud of the role we play in helping to protect what most Americans consider the biggest purchase of their lives. Why is a title search necessary for refinancing?

Insurance 518
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Buyer agency: a crucial historical shift in real estate

Housing Wire

Let’s delve into the potential negative consequences of diminishing or eliminating buyer representation, underscoring why this development matters more than ever in today’s real estate market. A drop in demand not only slows the market but can erode home equity, leaving homeowners with diminished assets.

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Expert Witness Testimony: The Indispensable Role of Real Estate Appraisers in Legal Disputes

Boston Appraisal

Scenarios Necessitating Appraisers as Expert Witnesses: Property Disputes : Appraisers are crucial in resolving boundary disagreements, easement issues, or broader disputes over property rights. Appraisers assess the fair market value of inherited properties, taking into account factors like location, condition, and market trends.

Legal 148
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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. They are also used to assess the value of the home for home improvement loans and insurance evaluations. Valuation for insurance claims. Estate settlements.

Appraisal 110
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Real Estate Appraisers Share How They Stand Out from the Competition

McKissock

Local market expertise. ” “20 years in the same market. In my area, today’s market is slammed and the lack of appraisers is driving out schedules two weeks or more. My life experience owning homes and being exposed to changing markets has given me a well-rounded perspective on influences to value.”

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ROV (Reconsideration of Value) Changes – FHA and GSEs

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on staying positive with slow business, economic analysis for appraisers, current real estate market, unusual homes, mortgage origination stats, etc. == $14M Castle on 40 Acres in Wyoming Excerpts: 5 bedrooms, 5.5+ baths, 9,470 sq.ft., 40 acre lot, built in 1992.

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Commercial Real Estate Appraisal Review: Essential Handbook to a Necessary and Influential 2nd Opinion

The Robert Weiler Company

Consider the grantor’s position when considering a disbursement for a mixed-use development, conservation easement, or specialty use property. An appraisal review is a second opinion or added insurance for the transaction to ensure the purchase price history, comps, adjustments, and disclaimers are accurate. Experience is earned.