Remove Inventory Remove Lending Remove Mortgage Appraisal
article thumbnail

Agents fight misconceptions to win deals for military veteran clients

Housing Wire

At the end of the day, Pascoe says the process is not all that different than purchasing a home with a conventional mortgage. A lot of the misconceptions about working with VA loans center on the VA appraisal process – which differs from conventional mortgage appraisals – as well as the time it will take for a transaction to close.

Clients 418
article thumbnail

2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

Mortgage rates are expected to rise, but still remain attractive and reasonable. The unprecedented buyer demand of 2021 will likely be suppressed to some extent due to affordability concerns in some markets, and more housing inventory will most likely be available from both the existing homes and new construction segments.”.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Chat GPT For Fannie Form Appraisal Reports

Appraisal Today

Only a little of it is relevant to the practicing appraiser. I hope someone provides only what is essential to appraisers: Fannie or Freddie. The reality is you don’t know what you don’t know, especially if you’ve never done non-lending appraisals. You need to educate yourself.

article thumbnail

Appraisal Time Adjustments

Appraisal Today

CDEI, MNAA Excerpts: Typically, this time starts when the comparable goes under contract, then ends on the effective date of the appraisal. Remember what it was like during the crash after 2008, when there were very few loans and appraisal volume severely declined? Mortgage lending is very, very cyclical.