McKissock

DECEMBER 28, 2021

Mortgage rates are expected to rise, but still remain attractive and reasonable. The PAVE Task Force is expected to issue a report with recommendations on how to reduce racial bias in home valuations sometime in early 2022,” he says. Mortgage rates also have a significant effect on housing affordability, which affects sale prices.

Appraisal 96

Appraisal Reconsideration of Value Real Estate Property Appraisal 96

McKissock

MAY 14, 2023

for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g., fee simple, leased fee, etc.) population, news articles, economic data, internet searches, etc.)

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Appraisal Appraisal Process Property Appraisal Real Property 87

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. The purchase of real property for the purpose of investment is not new.

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Appraisal Tenants Investors Business 148

Empire Appraisal Group

JULY 28, 2022

It is in our interest, as competent real estate professionals, to be aware of the ever-changing valuation landscape so that we can help our clients better understand the appraisal and financing process. Broad adoption of the ANSI standard by the secondary mortgage market would reduce confusion. Craig Morley. George, Utah.

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Appraisal Agents Valuation Realtors 78

Simonson Real Estate

DECEMBER 6, 2022

Under fee simple ownership, a property owner may occupy the property and also has the right to sell, lease, mortgage or give an interest away. Examples: Owner occupied properties don’t have a lease in place and so the property is appraised based on market rents. Clarify What Value or Values are Needed.

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Appraisal Process Real Estate Appraisal Renovations 78

Appraisal Today

SEPTEMBER 20, 2024

Sale Price Converted $500K Minnesota Bank With Historic Vaults and Bulletproof Glass How AI Tech is Reshaping Appraisal Success From Panic to Profit: One Appraiser’s Story of Survival and Growth Cindy Chance Terminated (Appraisal Institute CEO) Mortgage applications increased 14.2 professional real estate appraisers.”

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Appraisal Business Contracts Real Estate 82

Appraisal Today

AUGUST 9, 2024

Market Value and Appraised Value: Exploring Various Appraisal Values By Jo Traut Excerpts: You’ve probably been asked about the difference between “market value and appraised value” by clients seeking a mortgage. However, from the perspective of the valuation profession, this isn’t an accurate question. More appraisals coming!

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Appraisal Reconsideration of Value Insurance Market Value 74

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

The two basic licenses are Certified Residential Real Property Appraiser and Certified General Real Property Appraiser. Loan officers are typically looking for an assessment of the condition of the house and a rough market value to put on the mortgage documents. Ask an appraiser about their education and licensing.

Real Estate 36

Real Estate Appraisal Valuation Loan Officers 36

Empire Appraisal Group

JULY 1, 2021

The appraiser has a scope of work for every lender client, which differs depending on the mortgage product, said Bradley. If a buyer is using an FHA-insured mortgage, the appraiser has to fulfill both the lender’s and HUD’s requirements, Bradley said. For example, you may have heard of “drive-by appraisals.”

Agents 78

Agents Appraisal Real Estate Realtors 78

McKissock

AUGUST 13, 2021

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. ” McKissock has offered courses on mortgage fraud for decades. Written by Steven W.

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Appraisal Today

DECEMBER 2, 2022

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. . which can relate to valuation.

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Appraisal Agents Real Estate Real Estate Agent 89

Appraisal Today

JULY 12, 2024

NOTE: Please scroll down to read the other topics in this long blog post on Easement Liability, college degree requirement AQB, Fannie June Update, ADUs, unusual homes, mortgage origination stats, etc == = Renovated Modernist Mansion in Salt Lake City for $3.699M Excerpts: 4 bedrooms, 4 baths, 4,660 sq.ft., Mortgage applications decreased 0.2

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Appraisal Design Contracts Business 75

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. The purchase of real property for the purpose of investment is not new.

Appraisal 78

Appraisal Tenants Investors Business 78

McKissock

JUNE 22, 2021

In this job aid, we’ve compiled several recommendations shared by a hearing officer, a property assessor, and appraisers who regularly perform real property assessment appeal assignments. Job aid: Big Box Retail Valuations. This job aid provides in-depth guidance on appraising a big box retail property.

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Reconsideration of Value Appraisal Real Estate Retail 52

McKissock

MAY 26, 2023

” Offer more valuation products (11%) Another recommended strategy is to offer more valuation products in addition to traditional appraisals, such as desktops, hybrid appraisals, evaluations, etc. ” “Pay off mortgage and all bills, grow a money market account, relax.” ” “Expand [your] market.”

Real Estate 64

Real Estate Appraisal Marketing Business 64

The Robert Weiler Company

OCTOBER 15, 2021

As such, you must determine how involved you will be in the day-to-day administration of your property. If you are purchasing the commercial property for your business purposes, you must be prepared to keep that space occupied. The mortgage payments, utility fees, and maintenance costs are all on your shoulders. 1031 Exchanges.

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Investing Real Estate Tenants Investors 138

AmeriMac

SEPTEMBER 24, 2024

They will look at the original appraisal report, analyze the property independently, and consider any extra information you give to help your case. Defining Rebuttal Appraisals in Real Estate A rebuttal appraisal is a valuable tool for homeowners disputing a low property valuation, especially when it impacts financial decisions.

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Appraisal Valuation Property Taxes Real Estate 36

Appraisal Today

JUNE 24, 2022

Among the rights that come with real property ownership is the right to exclude others. When oceans, lakes, bayous, estuaries, rivers, streams, and ponds are involved, this right is a large part of what property purchasers are paying for. When mortgage rates last soared this much. Click here for more info!

Appraisal 52

Appraisal Contracts Mortgage Easement 52

Appraisal Today

APRIL 2, 2023

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. Mortgage applications increased 2.9 percent from one week earlier Mortgage applications increased 2.9

Contracts 52

Contracts Appraisal HOA Architecture 52

Valuation Nation

AUGUST 30, 2021

Folks are often upset, with compliments coming few and far between most especially in mortgage use transactions. With that in mind, I wanted to start sharing some stories, some from me and hopefully, many from you, my readers that showcase some of the positives that we see and participate in as real property valuers.

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Real Property Inventory Real Estate Appraisal 40

Appraiserblogs

JUNE 22, 2021

In the past year, the appraisal industry has been under attack from various academics who claim “racial bias” on the part of real property appraisers providing appraisal services to lenders who provide home mortgages.

Real Estate 173

Real Estate Appraisal Valuation Training 173

Appraisal Today

FEBRUARY 21, 2025

Massive FHA cuts would create dysfunction for mortgage industry, homeowners: ex-official Builder Confidence Falls to the Lowest Levels Since May 2024 Mortgage applications decreased 6.6 Moreover, appraisers must conduct each of the four tests on the real property as if vacant, and as improved.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

AmeriMac

JULY 15, 2024

Alternative appraisal valuation products offer innovative ways to assess real estate assets using advanced technology and data analysis. These products provide a more efficient property valuation method by incorporating machine learning algorithms and AI. Old-school methods can be time-consuming and biased.

Real Estate 36

Real Estate Appraisal Valuation Tools 36

Appraisal Today

NOVEMBER 29, 2024

On a New Trump Administration Accurate Group’s Appraiser Selection Practices Expose Troubling Industry Tactics Outrage Over Connect by ValueLink’s New Monthly “Junk Fee” Mortgage applications increased 6.3 Russell, JD, has fifteen years of experience working on issues affecting the valuation profession.

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Appraisal Business Contracts Real Estate 85

Housing Wire

FEBRUARY 15, 2025

On one hand, they welcome the end of the Property Appraisal and Valuation Equity (PAVE) Interagency Task Force, the federal effort to investigate racial bias in appraisals for which the CFPB was a stakeholder. The PAVE Task Force sought to correct what it perceived to be racial discrimination in the home valuation process.

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Appraisal Valuation Appraisal Process Government 332

Appraisal Buzz

NOVEMBER 25, 2024

You could also argue that the GSEs effective capture of the mortgage-related appraisal process falls into that category, though it’s difficult to see an unwinding of the new Uniform Appraisal Dataset and Forms Redesign.

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Appraisal Valuation Real Estate Government 369