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This post previously appeared in the July 24, 2020 edition of Housing Notes. I've been writing these weekly summaries on housing topics for more than five years. To subscribe for free, you can sign up here. Then you can look forward to each issue every Friday at 2pm New York Time. Here's a shoutout to Jim Amorin and Leslie Sellers as you are reading this right now - - here's a refresher on Appraisal Institute history.
As part of their appraisal modernization efforts, Fannie Mae and Freddie Mac (the GSEs) have issued test forms for Hybrid and Desktop appraisal assignments. The forms will be made available to the major appraisal report software providers. The GSEs have also aligned on guidance regarding the use of these test forms, including formal definitions for “Hybrid” and “Desktop” assignments.
I’ve been teaching and writing courses for McKissock for 20 years. During that time, we’ve offered several courses on appraising “oddball” or “complex” properties. If you’ve never taken one of these courses, I strongly recommend that you do. Despite the rise of AVMs in recent years, these types of assignments continue to require competent, boots-on-the-ground residential appraisers.
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.
The relationship between a builder and a real estate agent can be a complicated one. This relationship is often portrayed as antagonistic. The two are usually pitted against each other in competing for homebuyers and sales. In fact, there are several myths and misconceptions that builders, real estate agents, and even buyers hold that affect this relationship.
The market remains strong for sellers at this time, but there are several things that you should go over with your client to prepare them and ensure that your clients are ready to market their home as effectively as possible. Most buyers will come to see the house once, and if they do not like what they see, they won’t write an offer, so the first impression is everything.
The market remains strong for sellers at this time, but there are several things that you should go over with your client to prepare them and ensure that your clients are ready to market their home as effectively as possible. Most buyers will come to see the house once, and if they do not like what they see, they won’t write an offer, so the first impression is everything.
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