Housing Wire

APRIL 8, 2021

The slight pullback in 2020 is due largely to side effects of the pandemic-induced foreclosure moratorium on government-backed mortgages in place for most of the year. The maximum allowable credit bid at foreclosure auction is the amount of total debt owed on the defaulted mortgage.

Retail 459

Retail Market Value Marketing Investors 459

Housing Wire

MARCH 9, 2021

The brokerage calculated home-equity gains throughout 2020 for each neighborhood type for homeowners who purchased a home anytime during 2019, using January 2021 Redfin Estimates as a proxy for current market value. The terms “Black homeowner,” “white homeowner,” etc.

Home Value 497

Home Value Market Value Brokerage Inventory 497

Housing Wire

FEBRUARY 7, 2023

The year ahead for the mortgage-servicing rights market is shaping up to be a lucrative play for investors, lenders and others looking to purchase MSR assets. Independent mortgage banks (IMBs) leaning on MSR sales, however, now face a supply-demand imbalance, market observers say.

Sellers 321

Sellers Investors Valuation Finance 321

Housing Wire

JUNE 7, 2024

Here are my top do’s and don’ts for finding listing referrals through your sphere: Do: Educate your sphere about how to refer business to you. Market data about the area, an invitation to an upcoming open house, or info about a coming soon listing nearby are all great items of value. Who’s it for? All you extroverts out there!

Real Estate 468

Real Estate Open Houses Agents Sellers 468

Valcre

SEPTEMBER 7, 2022

Appraisal of a commercial property refers to the assessment of the property’s fair market value. For property owners, getting a professional appraisal is absolutely necessary before mortgaging or selling their property.

Appraisal 79

Appraisal Property Appraisal Market Value Mortgage 79

D Fritz Appraisals

FEBRUARY 22, 2023

Taking equity out of your home to buy another house can be a financially advantageous option, as it allows homeowners to tap into the built-up value of their primary residence without worrying about saving up for a second mortgage. It represents the difference between what they owe on their home and its current market value.

Investing 129

Investing Real Estate Appraisal Market Value 129

Assurance Financial

APRIL 29, 2021

Mortgage Lending Terminology . If you plan to buy a home or refinance an existing mortgage, you’ll likely encounter mortgage loan terms and definitions that may be unfamiliar — especially if you’re buying a house for the first time. Adjustable-Rate Mortgage (ARM). Assessed Value. Amortization.

Mortgage 69

Mortgage Insurance Inspection Sellers 69

Appraisal Today

JULY 1, 2023

Their volume went up and down with mortgage rates, but they always had some appraisals to fee out. NOTE: Please scroll down to read the other topics in this long blog post on new online Fannie forms, highest and best use, real estate market, unusual homes, mortgage origination stats, etc. More Crazy Appraiser Stories!

Appraisal 93

Appraisal Contracts Market Value Mortgage 93

The Robert Weiler Company

SEPTEMBER 18, 2022

Any loan for a property is based on the appraisal value. As a land buyer, owner, or seller, understanding the true market value of the real estate in question is important. Also referred to as a land valuation, property valuation, or real estate appraisal, the ultimate goal of a land apprasal is to determine the market value.

Appraisal 78

Appraisal Valuation Real Estate Market Value 78

Simonson Real Estate

DECEMBER 6, 2022

Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Appraisal Today

FEBRUARY 28, 2025

February 21, 2025 Mortgage applications decreased 1.2 I was unable to refer wannabes to professional associations as they only wanted classes for members, not for new appraiser. and Rocket Mortgage, LLC in relation to the appraisal fees charged to borrowers in home mortgage transactions. Clear Capital, et al.,

Appraisal 56

Appraisal Real Estate Contracts Training 56

Boston Appraisal

APRIL 22, 2019

Even in the rare event that the spouses agree on the value of the family home, a judge will most likely demand a licensed real estate appraiser to determine its fair market value. These appraisals are sometimes referred to as historical or retroactive appraisals. What is the process for a divorce appraisal?

Appraisal 78

Appraisal Market Value Real Estate Inspection 78

Appraisal Today

OCTOBER 6, 2023

All Advisory Opinions, Frequently Asked Questions and the recently launched Reference Manual will now be part of a standalone publication called the 2024 USPAP Guidance and Reference Manual. You can also purchase a linked digital version of the eUSPAP and Guidance and Reference Manual and get seamless access across both documents.

Appraisal 86

Appraisal Contracts Real Estate Mortgage 86

Padove Appraisal Service

OCTOBER 21, 2017

The real estate appraiser’s role is to estimate a home’s market value. Appraisers calculate “Gross Living Area,” often referred to as “GLA.” In the case of existing homes, additions and expansions completed by the homeowner are often neglected in Total Building Area reported by public tax records.

Real Estate Agent 78

Real Estate Agent Real Estate Property Taxes Valuation 78

D Fritz Appraisals

NOVEMBER 16, 2023

A home appraisal is a key part of the financing portion of any new or refinanced mortgage or loan agreement. A home appraisal is a legal document that determines fair market value for a property. It is something most financial institutions will insist on before releasing funds. What is an Appraisal, and Who Pays for it?

Appraisal 108

Appraisal Inspection Appraisal Process Legal 108

Lamacchia Realty

FEBRUARY 21, 2023

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. An error rate refers to the frequency or proportion of errors in a set of data.

Real Estate Agent 74

Real Estate Agent Real Estate Sellers Realtors 74

Lamacchia Realty

JUNE 20, 2023

Real Estate Transfer Tax Defined To break the term down further, real estate transfer taxes, (also referred to as a deed transfer tax, stamp tax, or conveyance tax) is a one-time fee paid to the city, county, or state when ownership transfers from the sellers to the new owner of the property. Who Pays the Real Estate Transfer Tax?

Real Estate 74

Real Estate Sellers Buyers Market Value 74

Birmingham Appraisal

JUNE 19, 2024

How the County Tax Assessor Determines Property Value The county tax assessor’s role is to determine the assessed value of properties within their jurisdiction for the purpose of property taxation. This process is separate from the private appraisal conducted for mortgage, sale, or other purposes.

Appraisal 83

Appraisal Appraisal Process Clients Real Estate 83

Eppraisal

OCTOBER 31, 2023

Unless you’re desperate to sell and willing to accept less than what you still owe on your mortgage, price your house based on what these sources say it should be worth. ●      Mortgage rates: High interest rates increase the cost of borrowing money, discouraging buyers from taking out a mortgage.

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

D Fritz Appraisals

SEPTEMBER 19, 2019

A home or house appraisal is a third-party report written by a professional appraiser who visits the property and does market research to analyze how much the house is worth in today’s market. An appraisal report informs homeowners, home buyers, and mortgage lenders on the market value of the home.

Home Value 78

Home Value Appraisal Real Estate Agent Tools 78

Walitt Solutions

MAY 24, 2024

My market value conclusion came in below the purchase contract price. Now, a few weeks later, the parties have signed an addendum to the contract to match my value conclusion; the client has sent me that addendum. So, the contract price changing does not require the appraiser to consider this situation a new assignment.

Contracts 74

Contracts Appraisal Clients Market Value 74

Property Metrics

AUGUST 13, 2020

Macroeconomic risk refers to how broad, national level economic activity impacts property cash flows and valuation. Borrowers holding a mortgage with a floating interest rate are negatively impacted by rising interest rates. As interest rates increase, so do the monthly mortgage payments. Space Market Risk.

Real Estate 53

Real Estate Tenants Investing Construction 53

Lamacchia Realty

AUGUST 12, 2021

Fixer-uppers tend to be popular among real estate investors as well as first-time homebuyers as they present an opportunity to buy below market value. By making updates, the buyer is able to meet or exceed current market standards and build equity in their property faster.

Renovations 69

Renovations Finance Inspection Buyers 69

Genworth MI Blog

JULY 13, 2023

On the other hand, they’re important for buyers because they may identify physical concerns that either require more qualified inspections or repair and confirm that they are paying the fair market value. Many publications seem to offer contradicting details for market strength.

Appraisal 78

Appraisal Inspection HOA Real Estate 78

Boston Appraisal

AUGUST 17, 2023

In such cases, appraisals may not reflect the true market value of the property or the fair compensation for the damages. If possible, obtain references or testimonials from previous clients or peers of the appraiser. The appraiser made adjustments to the comps that were not supported by market data or industry standards.

Clients 78

Clients Appraisal Market Value Property Taxes 78

Lamacchia Realty

SEPTEMBER 5, 2023

Prior to splitting the profit, at which point capital gains taxes may apply, the mortgage must be paid off as well as any equity lines, broker fees, and other closing costs must be paid off. Ask that agent to refer you to a trusted REALTOR®, likely within their brokerage, to handle this transaction to mitigate any of those concerns.

Realtors 74

Realtors Real Estate Agents Open Houses 74

East Coast Appraisal

NOVEMBER 24, 2021

A bankruptcy appraisal is a process a certified appraiser carries out to establish your home's fair market value. After comparing multiple recent house sales in your area, the appraiser gets an opinion of your home's value. The appraisal report also contains factual data to support the value.

Appraisal 52

Appraisal Valuation Home Value Real Estate 52

The Robert Weiler Company

OCTOBER 21, 2022

If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Today

JUNE 21, 2024

Appraisers Riding the Waves of Up and Down Mortgage Rates Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! If the original owner makes this decision, they would have to pay a 20% penalty over the original value to redeem the land/house.

Appraisal 78

Appraisal Architecture Contracts Design 78

Birmingham Appraisal

MAY 1, 2024

Contrary to what you see on the home improvement shows it is not always possible for an appraiser to shoot from the hip and reply back “An updated kitchen will add $50,000 to the value of your house” There are so many factors that must be taken into consideration.

Renovations 88

Renovations Appraisal Real Estate Agent Construction 88

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

Ask them for their resume and a list of two or three references. The references should be current or previous clients, and at least one should be from the community. Follow up with the references for your selected candidate. Evaluate the appraiser’s experience. The resume may be on the appraiser’s website.

Real Estate 36

Real Estate Appraisal Valuation Loan Officers 36

PennyMac

OCTOBER 10, 2023

Appraisals are an essential part of the home financing process, ensuring the homebuyer, seller and mortgage lender each have an impartial, consistent and accurate assessment of the value of the property under consideration. The lender is responsible for ensuring that your home provides adequate collateral for the mortgage.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Appraisal Today

AUGUST 23, 2024

Billionaire Getty Heir Puts Extraordinary Greek Temple (Temple of Wings) on the Market for $5 Million Redfin Reports Investor Home Purchases Post Biggest Increase in Two Years The Biggest Home in Each State Objectionable Valuations Become Hate Speech, Inflating Home Prices Mortgage applications decreased 10.1 Acre lot. “One

Appraisal 75

Appraisal Contracts Investors Property Appraisal 75

AmeriMac

MARCH 18, 2021

Regardless of whether you’re purchasing a new house or revamping your mortgage, getting an appraisal is a critical part of the process. During a home appraisal, a professional determines your home’s worth before putting it on the market. Local market. The cost of an appraisal may go up if: Mortgage Type.

Appraisal 36

Appraisal Property Taxes Buyers Sellers 36

AmeriMac

MARCH 18, 2021

Regardless of whether you’re purchasing a new house or revamping your mortgage, getting an appraisal is a critical part of the process. During a home appraisal, a professional determines your home’s worth before putting it on the market. Local market. The cost of an appraisal may go up if: Mortgage Type.

Appraisal 36

Appraisal Property Taxes Buyers Sellers 36

Clear Capital

FEBRUARY 23, 2024

Inclusionary Housing : Typically administered by housing authorities or municipalities, inclusionary housing policies require for-profit developers to create a percentage of units sold below market value. The contract will also likely reference a second document, either a deed restriction or a ground lease.

Valuation 36

Valuation Market Value Contracts Appraisal 36

Eppraisal

APRIL 12, 2024

Home equity refers to the difference between the market value of your property and the outstanding balance on your mortgage. As you pay down your mortgage or as the value of your home appreciates, your equity grows.

Investing 36

Investing Real Estate Tenants Market Value 36