Housing Wire
APRIL 7, 2021
In what will be known to future generations as the Great Reshuffling, a recent Zillow survey showed that more than 1 in 10 Americans reported moving in the past 12 months, either by choice or by circumstance. And now, with the COVID-19 vaccine circulating and the economy slowly regaining strength, Zillow researchers say millions of additional households could enter the housing market in 2021.
George Dell
APRIL 7, 2021
Basic sequence of valuation is basic: identify problem, gather the “comparable” data, adjust, and report. Simple. Basic. The Market for Valuation Series, Part 1 How about AVMs? (Automated Valuation Models). The words are a bit different, but the process is the same: Enter the address, apply the data collect algorithm, apply the predictive algorithms, spit out […].
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The Appraiser Coach
APRIL 6, 2021
I just got out of an interesting conversation I had with my CPA. Eventually, our conversation veered onto the topic of work. I was curious about what it takes to. Read More.
GoForrmz
APRIL 6, 2021
Automatically populate a user’s GPS location when they generate a form and improve operational transparency GPS fields improve transparency into your team’s activities across job sites, franchise locations, offices, and more. These GPS fields can even be instantly populated when a user generates a new form, reducing data entry demands and ensuring an accurate location is entered every time.
Advertiser: Trellis
Finance teams find Trellis to be particularly effective in conducting comprehensive due diligence on both individuals and businesses. With our court data solution, financial experts can access critical litigation insights, making it an invaluable resource for informed decision-making in the financial sector.
Housing Wire
APRIL 5, 2021
The Consumer Financial Protection Bureau (CFPB) released a notice of proposed rulemaking on Monday that would amend Regulation X to provide a special pre-foreclosure review period prohibiting servicers from starting foreclosures until after December 31, 2021. Under current CFPB foreclosure rules, a borrower must be 120 days delinquent before the foreclosure process can start.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
JMV Lending
APRIL 5, 2021
One of the most frustrating and expensive aspects of our business is dealing with low appraisals. It is frustrating b/c borrowers invariably blame us for the problem – even though we have very little control over the issue. It is expensive b/c we often end up throwing money at the issue to assuage borrowers and […]. The post Appraisal Woes Not Your Lender’s Fault; Blame Andrew Cuomo :) appeared first on JVM Lending.
GoForrmz
APRIL 8, 2021
Streamline and accelerate order fulfillment, customer communication, and invoicing Digital forms act as a powerful asset for beverage distribution teams. When relying on paper forms or cumbersome PDF fillers, miscommunications resulting from data entry errors, lost forms, or form delivery delays can have costly consequences. For example, entering the wrong product name into a form could result in a product out of stock (OOS) at a customer site – a mistake that can cost your operation business or
Housing Wire
APRIL 6, 2021
The home checked off every box on Linda’s list. It had a large, fenced-in yard, modern appliances in an updated kitchen, a “man cave” for her husband, beamed ceilings, a massive master suite and was located in a good school district. The house, in the Nashville area, was listed at $405,000. Linda (who asked that her real name not be used) beat out a dozen other prospective buyers in a bidding war by offering $445,000 and waiving all contingencies.
Appraiserblogs
APRIL 5, 2021
If not for all the Political Correctness speech prohibitions, I could earn a living as a comedian off my family tree stereotypes alone!… One of the saddest things about Political Correctness is that we lost the ability to laugh at ourselves, including our racial stereotypes. One of my old diving partners was black, and he and I could tease each other.
Speaker: Dylan Secrest
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Advanced Appraisal
APRIL 7, 2021
Chicago and South Suburban Appraisal Blog
GoForrmz
APRIL 7, 2021
Eliminate opportunities for human error, misspellings, and forgotten data, with automatically populated form fields Paper forms and basic PDF fillers leave far too much room for error. When relying on paper forms and manual data capture tools, illegible handwriting, spelling errors, and miscalculations result in problematic, often costly data entry errors.
Housing Wire
APRIL 5, 2021
Last Friday, the Bureau of Labor Statistics reported that 916,000 jobs were created in March, and the previous month’s revisions came in positive. The rest of this content is for HW+ members. Join today with an HW+ Membership ! Already a member? log in. HW+ includes weekly long-form digital content, HousingWire Magazine, access to HousingStack, and free admission to all HousingWire virtual events.
Appraiserblogs
APRIL 7, 2021
An appraiser shared the following with us. Amrock is requiring all appraisers on their panel to complete a diversity, equity and inclusion training by April 19, 2021. Amrock Diversity, Equity and Inclusion Training Requirement: You’re Cordially Required to Take Part in This Training Hello, As an organization, we firmly believe in the importance of diversity, equity and inclusion (DE&I) for everyone – and we’ve taken a stance through the implementation of our DE&I Strategic Plan.
Advertiser: Trellis
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
Realtor
APRIL 7, 2021
If you’re buying a home, the listing likely includes the square footage, a key selling point. But if you make an offer that’s accepted and you’ve moved onto the home appraisal step in the process, you might be shocked to find out that the appraiser ‘s square footage is different from what’s on the listing. What gives? Square footage , you may recall, is calculated when you measure how much floor space there is in a home.
McKissock
APRIL 9, 2021
The COVID-19 pandemic has significantly influenced the real estate market over the past year. Last month (March 2021) we asked appraisers across the U.S., “What type of appraisal has seen the MOST growth in demand in your local area due to COVID-19?” About two-thirds of survey respondents reported that residential appraisals have experienced the biggest pandemic-related boom.
Housing Wire
APRIL 8, 2021
Mortgage credit showed signs of loosening up in March, and with it, more availability for lower credit scores and high LTV products to enter the housing market, the Mortgage Bankers Association said in a report on Thursday. The group’s Mortgage Credit Availability Index rose.6% to 125.4 last month, a positive indicator after pandemic-driven factors plunged the index from record highs previously seen in late 2019.
BiggerPockets
APRIL 8, 2021
Before taking on renovations, whether for your primary residence or an investment property, it's crucial to find the right contractor. Ensure that they are qualified, have the support they need, and have a good reputation by vetting them with these questions.
The Robert Weiler Company
APRIL 8, 2021
Over half a century ago, the United States inaugurated a special day, April 22, as Earth Day. As we prepare to commemorate the global phenomenon, The Robert Weiler Company is excited to announce that the green movement is alive and well in the commercial real estate industry. What began as a localized, American movement, is now celebrated by more than 192 countries.
Empire Appraisal Group
APRIL 8, 2021
Cash-out Refis Hit Highest Level Since Financial Crisis. Source: Cash-out Refis Hit Highest Level Since Financial Crisis | Florida Realtors. Many owners were underwater (owed more than a home’s value) during the Great Recession, in part due to cash-out refis, but it’s not an issue now – at least not yet. NEW YORK – Cash-out refinances are on the upswing, to the likes of numbers that haven’t been seen since the financial crisis.
Housing Wire
APRIL 7, 2021
Home sellers are chomping at the bit. As the economy reopens, vaccinations continue to roll out and stimulus checks reach bank accounts across America, home sellers are increasingly optimistic. And despite fierce bidding wars, competition from institutional investors and sore wrists from writing dozens of heartfelt letters to home sellers, even buyers are growing in courage these days.
BiggerPockets
APRIL 6, 2021
There are plenty of things you can do yourself for your business, but taxes and accounting shouldn't necessarily be among them. Protect yourself, your business, and your assets by enlisting the assistance of a qualified CPA.
Realtor
APRIL 7, 2021
If you’re buying a home, the listing likely includes the square footage, a key selling point. But if you make an offer that’s accepted and you’ve moved onto the home appraisal step in the process, you might be shocked to find out that the appraiser ‘s square footage is different from what’s on the listing. What gives? Square footage , you may recall, is calculated when you measure how much floor space there is in a home.
DataMaster
APRIL 6, 2021
What is an home appraisal? Why Didn’t My Home Appraise Higher? Appraisals can be confusing. A friend (I’ll call him Art) recently had his home appraised. When the appraisal came back, he was shocked to see that his home appraised for less than two homes nearby that had recently sold. Art’s home has an upgraded kitchen and newer carpet.
Housing Wire
APRIL 5, 2021
Prices are up sharply as housing inventory continues to plateau , leaving 40% fewer homes on the market compared to last year, according to a report prepared by Black Knight. Instead of making up for the shortfall, new listings have slumped further in 2021. Year-over-year, new listing volumes were down 16% in January and 21% in February — amounting to a 125,000 deficit in inventory compared to the same time in 2020.
BiggerPockets
APRIL 9, 2021
It’s not uncommon that we make excuses for ourselves, especially when it comes to our businesses. A contractor may have let us down, or a tenant took advantage of a […].
Raleigh Realty
APRIL 6, 2021
How to Workout without Leaving Home With the current state of the world, homes are now being built with extra rooms and space so that people can work from home as well as a workout at home. From "peloton rooms" to garage gyms the covid-19 pandemic has created a dramatic need for people to be able to exercise within the convenience of their home.
DataMaster
APRIL 6, 2021
What is an home appraisal? Why Didn’t My Home Appraise Higher? Appraisals can be confusing. A friend (I’ll call him Art) recently had his home appraised. When the appraisal came back, he was shocked to see that his home appraised for less than two homes nearby that had recently sold. Art’s home has an upgraded kitchen and newer carpet.
Housing Wire
APRIL 7, 2021
The Consumer Financial Protection Bureau recently released to Congress the 2020 Consumer Response report. While overall complaints were up 54% year-over-year, complaints against mortgage companies were up just 7.5%, and complaints against mortgage servicers were actually down, by 3.5%. These results are notable considering the sheer speed and impact the pandemic had on the mortgage finance industry.
BiggerPockets
APRIL 9, 2021
Before you start searching the couch cushions for spare change, take a look at some of the financial tax benefits for first-time homebuyers.
Boston Appraisal
APRIL 5, 2021
What’s going to happen with Boston real estate? In the coming weeks, months, and years, is it going to go up, down, or sideways? Is it time to buy or sell? One thing’s for sure: No one knows. No one has a crystal ball, and there are countless factors that can affect property values. However, in this article we’ll summarize the most salient points that most economists are talking about, and discuss what we think might happen with the Boston real estate market.
Quicken Loans
APRIL 5, 2021
There’s no doubt that buying a home is a major life decision, but is it right for you? Of course, there’s no single correct answer, as there are pros and cons to both renting and buying. A major factor in anyone’s decision-making process, though, is one’s personal finances. In most cases, renting seems to be the more affordable option. However, that’s not always the case.
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