Realtor

MAY 18, 2018

They may no longer be required to get formal property appraisals—a change that could save them hundreds of dollars and speed up the closing process. A little-known change in requirements last year from mortgage giants Fannie Mae and Freddie Mac has made these waivers for traditional, in-person appraisals available.

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Appraisal Inspection Buyers Valuation 78

The Robert Weiler Company

JANUARY 7, 2021

In the event that any law, ordinance, or regulation is passed or enacted by the government, is the tenant or landlord responsible for all costs associated with required alterations of your operation or use of the premises? Typically, details are provided regarding the condition in which the property should be left. Governing Law.

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Landlords Tenants Real Estate Insurance 148

Realvals

JUNE 18, 2023

By getting an appraisal, you can substantiate your claims and provide evidence to support your position. It’s not uncommon for property owners, insurance companies, or tax authorities to have contrasting opinions on the value of a property. Typically, the government will notify you of their intent to acquire your property.

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Appraisal Property Taxes Real Estate Market Value 145

Robinson Appraisal Group

NOVEMBER 16, 2018

The Market Conditions Addendum was required with all one- to four-unit property appraisals performed on or after April 1, 2009. The form is broken down into categories of time to include comparable settled sales in the past 90 days, the prior 4 – 6 months and the previous 7 – 12 months from the date of inspection.

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Tools Appraisal Lending Inspection 78

Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. In early February, Fannie Mae and Freddie Mac, the government-sponsored entities (GSEs), incorporated desktop appraisals into their Selling Guides beginning in March 2022. What is a desktop appraisal? Desktop appraisal meaning and definition.

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Valuation Appraisal Inspection Appraisal Process 66

Appraisal Today

MARCH 15, 2024

Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics. Transaction costs are added to every property transaction. Answer: No. Well written and not too long.

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Appraisal Inspection Modernization Business 69

Assurance Financial

APRIL 29, 2021

During an appraisal, a professional will evaluate your home’s condition, how much similar homes have sold for recently and the overall market to determine the value of your home. The appraisal can be more than the price of the house or it can be less. The federal government issues the certificate. Home Inspection.

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Mortgage Insurance Inspection Sellers 69

DataMaster

MARCH 17, 2021

With two weeks to go until the deadline for comment submissions, we urge all appraisers to make their voice heard. This Opinion addresses Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development Reporting. This increased public attention culminated in 2020-2021.

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Appraisal Inspection Property Appraisal Law 78

DataMaster

MARCH 17, 2021

With two weeks to go until the deadline for comment submissions, we urge all appraisers to make their voice heard. This Opinion addresses Fair Housing Laws: Avoiding Bias in Real Property Appraisal and Appraisal Review Development Reporting. Advisory Opinion 16. This increased public attention culminated in 2020-2021.

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Appraisal Inspection Property Appraisal Law 78

The Robert Weiler Company

OCTOBER 21, 2022

We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser. Question 1: What is a commercial real estate appraisal? Question 5: Why are commercial property appraisals important?

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Real Estate Appraisal Property Appraisal Valuation 60

AmeriMac

NOVEMBER 30, 2023

In this blog, we will take you through everything you need about commercial real estate appraisal, from defining the term and understanding its importance to exploring the different types of commercial properties that are appraised. The property inspection is a crucial step in the commercial appraisal process.

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Appraisal Inspection Real Estate Appraisal Process 36

AmeriMac

JUNE 30, 2024

The process typically begins with the lender ordering the appraisal after the borrower’s offer has been accepted or when refinancing a mortgage. A licensed appraiser, who is an independent third party, conducts the appraisal. The appraiser thoroughly inspects the property, noting size, condition, and unique features.

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Appraisal Renovations Mortgage Inspection 36

The Robert Weiler Company

NOVEMBER 9, 2022

We recommend starting with the infrastructure because this is what often drives commercial property prices. And determine whether the government plans any upgrades in the future; this is a telltale sign of an up-and-coming hot spot. We would love to assist you in finding the perfect property.

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Transportation Real Estate Supply Chain Investing 78

Appraisal Today

AUGUST 18, 2023

Be sure to put in a comment requesting it. == The Future of Property Appraisal: Unveiling the UAD Redesign and New URAR By: McKissock August 15, 2023 At the recent Valuation Expo conference in Las Vegas, Heather Sullivan (Aloft), Ken Defeo (Fannie Mae), and Sean Murphy (Freddie Mac) provided a peek at some of the upcoming changes.

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Appraisal Contracts Inspection Real Estate 75

PennyMac

JUNE 28, 2022

From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home. The agency will use the data from the inspection to plan for flooding emergencies. Lead-Based Paint Inspection. It usually costs about $300 for this inspection. Pest Inspection.

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Property Taxes Insurance Sellers Inspection 36

Appraisal Today

OCTOBER 11, 2024

By George Dell, MAI, SRA This UAD topic is intertwined with the new integrated URAR by our GSEs (Government Sponsored Enterprises) – as both the UAD and URAR will arrive on the scene together. My creative brain kept following logical outcomes, and kept coming to “unintended consequences!” (Which is ‘average’ for this nice neighborhood.)

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Appraisal Insurance Contracts Valuation 74

Housing Wire

NOVEMBER 30, 2021

It is encouraging that the FHFA has decided to permanently allow desktop appraisals, and that is a good start. The agency would be well served to also adopt hybrid appraisals and inspection-only waiver policies as additional options to today’s GSE appraisal waivers.

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Appraisal Process Modernization Appraisal Valuation 432

Appraisal Today

APRIL 28, 2023

First: How do appraisers value any amenity of a property? Appraisal 101 would suggest the matched pairs analysis. So our first task is to find a property with solar panels that’s similar to the subject. You can always do desktops and inspections for low fees and fast turn times, of course.

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Appraisal Real Estate Business Contracts 52

Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. Non-traditional appraisals to the rescue. Both GSEs argue that these approaches advance equity.

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Appraisal Valuation Inspection Law 292

Clear Capital

JANUARY 5, 2023

government made bold steps to support homeownership through the GI Bill. Before that, the government addressed these issues through housing programs started under the New Deal. “The appraiser profession needs greater diversity, allowing those involved in the process to reflect the diverse communities they serve.”

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Appraisal Modernization Valuation Appraisal Process 61