Appraisal Today

OCTOBER 20, 2023

At that time, the real estate market was still being wildly affected by the COVID pandemic. Not all non-lender appraisals require a long time marketing to real estate agents. I give you the details on how to do them and lots of marketing tips. You know how to appraise. ” Game on!

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Appraisal Today

MAY 17, 2024

By McKissock As part of our monthly survey series, we asked our community of real estate appraisers, “What tool(s) do you use to support your appraisal adjustments?” In the context of real estate appraisers, it is essential for accurately valuing properties and providing credible appraisal reports. percent from 6.60

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Tools Appraisal Renovations Design 68

Housing Wire

DECEMBER 19, 2022

But the high-rate environment seems to have exposed the vulnerability of lenders that are more reliant on refinancings through a call center model and don’t have strong relationships with local real estate agents. Now that the refi market slowed down they have time and are doing the customer support for agents again.”.

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Mortgage Real Estate Agent Clients Business 435

Appraisal Today

OCTOBER 7, 2022

While agents can “puff” we cannot! If it had a market value of $345k, it would have listed at $345k!”. NOTE: Please scroll down to read the other topics in this long blog post on Fannie Mae, Real estate market, Disbility, Redlining, unusual homes, mortgage origination stats, etc. =. The agreement with N.J.

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Appraisal Contracts Architecture Housing Market 52

Appraisal Today

JANUARY 20, 2023

Chance to really irritate annoying real estate salespeople. Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. What is happening in your market? ’ Home sellers gave concessions to buyers in 41.9%

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Appraisal Contracts Sellers Business 52

Appraisal Today

JULY 1, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market decline in listing prices, land issues, unusual homes, mortgage origination stats, etc. =. Excerpts: Built in 1972, the prime party house is now on the market for $275,000—and the listing photos have been shared all over the internet.

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Appraisal Contracts Insurance Real Estate 52

Appraisal Today

SEPTEMBER 15, 2023

Appraisers are less likely this year to cite expanding regulations/interpretations of regulations, lender requirements, pressure from real estate agents/brokers, and liability concerns. From Dave Towne: Over the years, many appraisers have reported being blacklisted by real estate agents and even mortgage brokers.

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Appraisal Real Estate Agent Contracts Real Estate 87

Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. My Comments on Market Changes. We have never seen a pandemic real estate market before. I agree with what he says about real estate.

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Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

JANUARY 27, 2023

One of the most quoted experts on housing markets, Jonathan Miller of real estate appraisal company Miller Samuel, won an unusually large 30-way bidding war for a Connecticut house built in 1755.” Popular topics include how to market to attorneys and get referrals from real estate agents.

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Appraisal Contracts Transportation Real Estate 52

Appraisal Today

APRIL 14, 2023

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Excerpt: The most coveted pieces of real estate are often found directly on the water. per month, $24.75

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Appraisal Bracketing Valuation Contracts 52

Appraisal Today

APRIL 12, 2024

Home equity lines of credit (HELOCs): When homeowners apply for HELOCs, lenders may request desktop appraisals to ascertain the property’s value and determine the credit limit without requiring a full appraisal. Managing Investments: For investors who own multiple properties, desktop appraisals provide rapid updates on property values. .

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Appraisal Construction Contracts Architecture 82

Appraisal Today

OCTOBER 6, 2023

There is a real estate appraiser section with some of the brightest appraisal minds in the industry, and yet…no contribution to this report about property data collectors. Outlier sales refer to property transactions that significantly deviate from the typical or median sales price within a particular market area.

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Appraisal Contracts Real Estate Mortgage 82

Appraisal Today

FEBRUARY 9, 2024

also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” I looked like a real estate agent.

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Appraisal Contracts Insurance Construction 85

Appraisal Today

APRIL 2, 2023

That’s the real reason why—because USPAP says so. Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. Answers a lot of appraiser questions.

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Contracts Appraisal HOA Architecture 52

Appraisal Today

APRIL 1, 2023

To see the listing, click here == Dos and Don’ts of Sharing Comparable Sales By: McKissock Excerpts: When real estate agents provide relevant comparable sales to appraisers, it certainly benefits both parties. Our calendar fills up with orders when the real estate market heats up. ” 5. .

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Clients Appraisal Contracts Business 52

Housing Wire

OCTOBER 17, 2023

And servicers may want to suggest homeowners contact a real estate agent if the distressed homeowner is considering selling their home.” Ethical concerns even arose for licensed real estate agents who approached distressed homeowners to list properties even though those agents were also representing prospective buyers.

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Buyers Retail Market Value Real Estate Agent 435

Housing Wire

OCTOBER 10, 2023

All are violations of the 1974 Real Estate Settlement Procedures Act (RESPA) … or maybe they aren’t — it depends on the circumstances and who you ask. That’s because real estate agents and loan officers are in survival mode and desperate to close new business. But that comes with some caveats.

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Real Estate Agent Loan Officers Real Estate Agents 475