Sammco Real Estate Appraisal Group

SEPTEMBER 15, 2015

You might be a home owner, a mortgage loan officer or even an appraisal management company. This is not to be confused with telling the appraiser what value you think the property is worth or the value you want them to produce. Tell them you are looking for current market value as of a certain date.

Appraisal 60

Appraisal Appraisal Process Loan Officers Inspection 60

Assurance Financial

APRIL 29, 2021

Fair Market Value. Fair market value is how much your home is likely to sell for if you put it on the market. The fair market value might be the same as appraised value, but it might also be higher. It provides a detailed list of the costs that might be connected to the loan.

Mortgage 69

Mortgage Insurance Inspection Sellers 69

PennyMac

JULY 20, 2021

Whether it is in regard to staging your home before selling it or worrisome inspection findings, you should be able to trust your agent to give you their expert opinion and guide you away from big mistakes before you make them. Do they have sound input on ways to maximize your property’s curb appeal and market value?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Town & Country Residential Appraisals

JANUARY 24, 2020

They ask you at the inspection “So, how much do you need this to come in at?” If you ever experience this from a loan officer, feel free to report this behavior to the CFPB here. If you feel that an appraiser has artificially inflated a market value opinion, report this behavior to the PA Appraiser Board here.

Appraisal 36

Appraisal Market Value Contracts Clients 36

AmeriMac

JANUARY 30, 2024

The reverse mortgage appraisal report stands as a pivotal element in the loan application, influencing the terms and approval, making it an indispensable part of the entire process. When applying for a reverse mortgage, it is important to work closely with your loan officer. How does an appraisal affect the reverse mortgage?

Appraisal Process 36

Appraisal Process Mortgage Appraisal Appraisal Mortgage 36

PennyMac

AUGUST 31, 2024

Home Inspection The home inspection helps identify any potential property issues. Many mortgage companies mandate a home inspection before approving a loan. The inspection report, shared with both buyer and seller, can lead to further negotiations, particularly if repairs or updates are necessary.

Inspection 36

Inspection Real Estate Agent Sellers Legal 36

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. This cost will depend on how much your insurance will cost per month, but it’s usually about $35 for every $100,000 in home value.

Property Taxes 36

Property Taxes Insurance Sellers Inspection 36

Housing Wire

APRIL 25, 2022

In Spokane, Washington, a mortgage loan officer at a regional bank has seen five borrowers qualify for a mortgage for one amount, only to have that number slashed a few months later. There is a great reluctance on part of most homeowners to have an interior inspection,” said Youngman. They were approved in December,” he said.

Property Taxes 435

Property Taxes Appraisal Government Valuation 435

Clear Capital

SEPTEMBER 29, 2021

The home inspection took longer. And we may say the home is worth — we believe that the market value of the house is worth — $350,000. There’s 500,000 loan officers. Something always goes wrong. It’s real estate. It could be the paperwork as a homebuyer took longer to get in.

Sellers 69

Sellers Agents Real Estate Appraisal 69