Housing Wire
APRIL 13, 2021
Austin, Texas might be the hottest housing market in the country. If a seller has those multiple offers, they are looking first at cash offers and may even consider a lower cash offer because they don’t have to worry about the property appraising for that price,” Garrett said. “If It is just a super tight housing market.
Housing Wire
AUGUST 11, 2020
So a buyer buying that property is going to go ‘you know what, I will buy it, but because I know I’ve got to replace a couple of major systems I’m going to buy it with some type of equity involved with it so I can feel like I’m getting a good deal out of it,” Fincham said.
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Housing Wire
AUGUST 18, 2020
The Federal Housing Administration has announced an upcoming release of its FHA Catalyst: Electronic Appraisal Delivery module on the FHA Catalyst platform. This solution will allow lenders to electronically submit, track, and manage single-family property appraisals and will become available to FHA-approved lenders on Sept.
Housing Wire
JUNE 4, 2021
Austin is still the nation’s hottest housing market, as tech workers continue to flock to the Lone Star State’s capital. If they get a higher offer that has financing, then when appraisal comes back, the buyer is going to renegotiate the sales price to be closer to appraised value.”.
Housing Wire
JULY 5, 2022
Last month, the Federal Housing Finance Agency released plans, developed by Fannie Mae and Freddie Mac , to make the housing market more equitable, in part through changes to the appraisal process.
Appraisal Buzz
JULY 1, 2024
Today’s release features data on three new survey questions first asked of mortgage borrowers in 2021 When asked about appraisal satisfaction, 70% of respondents reported being very satisfied with their property appraisal, 23% reported being somewhat satisfied, and 6% were not at all satisfied.
Housing Wire
APRIL 6, 2023
The White House recently marked the one-year anniversary since the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released its action plan to curb instances of bias in the housing appraisal process. housing market in the future.
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