5 Reasons to get a pre-listing appraisal If I had to pick one part of my appraisal business that has increased over the last several years it would have to be pre-listing appraisals. A pre-listing appraisal is one performed before putting your home on the market for sale in order to get an accurate asking […]
4 Things That Will Dictate The Price Of Your Appraisal
October 23, 2015 By 4 Comments
4 Things That Will Dictate The Price Of Your Appraisal I often get asked what the price of an appraisal is. This is not a question that is easily answered without getting additional information. While there is a pretty standard fee for properties that are typical for an area there are various things that will […]
A downloadable TRID info. sheet for FSBO sellers and real estate agents to provide to lenders
October 20, 2015 By 4 Comments
A downloadable TRID info. sheet for FSBO sellers and real estate agents For those that are not familiar with TRID I’ll give you a simple explanation. TRID stands for TILA/RESPA Integrated Disclosure Rule and it replaces HUD’s Truth-in-Lending disclosure & Good Faith Estimate. Without going into the details, it seeks to simplify the calculation and disclosure of […]
How new FHA guidelines could cause appraisal costs to increase
October 13, 2015 By 4 Comments
How new FHA guidelines could cause appraisal costs to increase On September 14, 2015 the Federal Housing Administration (FHA) came out with a new and updated Single Family Housing Policy Handbook, also known as HUD Handbook 4000.1. This new handbook replaces the old 4150.2 handbook that appraisers have been using. The new policies in the […]
3 Differences between an agent and an appraiser to consider when valuing your house for sale
October 8, 2015 By 12 Comments
3 Differences between an agent and an appraiser to consider when valuing your house for sale That title is a mouthful, huh? I chose it in the hopes that it would convey the gist of the message I had in response to a recent article in the Huffington Post about the real estate market, agents, […]
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