article thumbnail

FNMA Property Data Collectors Program Violates WV Law

Appraiserblogs

The Fannie Mae Property Data Collectors program seems to have run afoul of West Virginia law. There has been a lot of discussion… The post FNMA Property Data Collectors Program Violates WV Law appeared on Appraisers Blogs.

Law 140
article thumbnail

4 Effective Steps to Find Commercial Rental Properties for Sale

The Robert Weiler Company

Unlike residential real estate, commercial property listings aren’t found in a single database like the MLS. So, how do you find commercial rental properties for sale? The best way to find commercial properties is by hiring a licensed commercial real estate broker and commercial law attorney.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Decoding Property Appraisal for REO Properties

AmeriMac

That’s why a complete home inspection is essential when looking at REO properties. Inspectors need to note any visible damage, check how well major systems are working, and estimate the cost of repairs. Factors like property condition, market competition, and holding costs must be considered for an accurate appraisal.

article thumbnail

5 Things You Need to Know About Real Estate Disclosures

Zillow

It is the seller's chance to reveal anything that can negatively affect the value, usefulness or enjoyment of the property. Disclosure laws vary from state to state, even down to the city and county level. The buyer should always do a full property inspection, before moving forward with the purchase.

article thumbnail

2024 USPAP For Appraisers

Appraisal Today

I always thought the accused could face their accuser in a court of law in America. Next month’s newsletter will have a lengthy article on the issues of the property inspector. I wonder how well the GSE AI works on rural appraisals, “one of a kind” properties, no permits, Highest and Best Use issues, and many more.

article thumbnail

Meet MortgagePoint’s Tech Excellence Award Recipients: Part II

Appraisal Buzz

It helps professionals quickly find laws and regulations and investor requirements. Business purpose lenders have a few challenging options: Hire a law firm for each transaction and be subject to the time and expense of doing so. For example, a user can ask, What exceptions allow for a second FHA mortgage?