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Why title insurance is essential to the U.S. system of property rights

Housing Wire

system of property rights is unique For over 250 years, our system favoring the free transfer of real estate between private parties without prior government approval has built wealth and fostered economic growth. The advantage of this system of local property records is that it keeps the claims to ownership close to the property itself.

Insurance 414
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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. For example, an appraiser will check the condition of the walls, roof, floors and the structure’s overall integrity.

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FHFA’s RFI on appraisals is a critical inflection point

Housing Wire

One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate. Real estate agents in particular understand local properties extremely well.

Appraisal 369
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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

Graphics and statistics NAR.com Detailed market insights, research, and statistics from the real estate industry, legal news, marketing tips, and tools. RISMedia.com Real estate reports, current industry news, real estate tech, and agent tips and advice. RealTrends.com Housing market data by city and state, agent news, and advice.

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The Four Tests of Highest and Best Use

McKissock

” Highest and Best Use is the reasonable, probable, and legal use of vacant land or an improved property. Legally permissible. Some questions to answer: Do you have a current survey of the property? Are existing structures considered legal non-conforming use? Physically possible.

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12 Types of Expert Witness Assignments for Appraisers

McKissock

Typically, this would be for local property tax appeals. Generally related to a casualty on the property, the insurance company and insured may dispute the amount to be paid on the settlement and require an appraiser to determine the impact on value due to the casualty loss. Learn more. Tax appeal. Guardianship/Trustee matters.

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The Benefits of Working with a Local Florida Real Estate Expert

Lamacchia Realty

THE BENEFITS OF WORKING WITH A LOCAL FLORIDA REAL ESTATE EXPERT Navigating the complex world of buying or selling property can be challenging, particularly for those unfamiliar with the intricacies of the Florida real estate marke t.