Genworth MI Blog
MAY 28, 2020
Remember when manufactured housing used to equate to mobile homes? Remember when loan officers avoided underwriting loans for manufactured housing for fear of low commissions, foreclosure risks, and the added complexities of underwriting those types of “unreliable” homes? For some, these myths still flood our thoughts when a potential borrower approaches us about a loan for a manufactured home.
Yolo Solano Appraisal Blog
MAY 27, 2020
As I type this, the 100,000th person in the US has died from the novel coronavirus 2019. The country has shut down to bend the curve. Shelter in place started in Yolo County on March 19, forcing most people to stay home. Unemployment exploded nationwide, going from 3% to nearly 20% in a month while […].
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Walitt Solutions
MAY 24, 2020
A student in my USPAP Update class recently asked me, “I know I can discuss the report with the client, but I’ve talked about the report with other intended users, too. Isn’t that why they are an ‘intended user’?” Let’s take a look at this issue in a bit more depth, starting with the definitions of “client” and “intended user” from the 2020-2021 edition of the Uniform Standards of Professional Appraisal Practice (USPAP): CLIENT :
Willowbrook Valuation
MAY 28, 2020
Back in March when the country initially shut down due to the spread of COVID-19, it caused a massive nationwide stall. After ten weeks, we’ve had plenty of time to adjust to our new daily circumstances in terms of social distancing and sheltering in place. Investors have also had time to survey the everchanging economic […]. The post Recapping Investor Responses to the COVID-19 Outbreak appeared first on Willowbrook Valuation & Advisory Services.
Genworth MI Blog
MAY 28, 2020
Remember when manufactured housing used to equate to mobile homes? Remember when loan officers avoided underwriting loans for manufactured housing for fear of low commissions, foreclosure risks, and the added complexities of underwriting those types of “unreliable” homes? For some, these myths still flood our thoughts when a potential borrower approaches us about a loan for a manufactured home.
Home Junction
MAY 28, 2020
At times in the world of business, when a major event takes place, such as this COVID-19 crisis, market practices change. Some events can even be a catalyst for lasting change. Let’s face it, conditions in 2020 have certainly altered the real estate landscape. However, one of the great attributes of the real estate industry is its resilience. It will adapt to market conditions.
Home Junction
MAY 26, 2020
A property API displaying the trends in local market conditions adds impact to any simple screen-recorded real estate videos. During slowdowns, it might be smart for local brokers and agents to comb that hair, set up a nice background in a room and create some screen recorded videos on their computers. There are a few compelling reasons to have a real estate video strategy in place.
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