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Housing
Effective Ways To Prepare Your Home for an Appraisal
By
Anita Townes
| November 17, 2020
US Real Estate
Understanding the Home Appraisal Process
By
Brian Kline
| December 22, 2019
There are three types of home valuations: the Appraised Value, the Assessed Value, and the Market Value. Rarely are these three values the same. So it’s easy to confuse them when considering selling a home, obtaining a mortgage, refinancing, or contemplating the ongoing costs of ownership (such as taxes and insurance). Because of these differences, […]
Press Release
FDIC’s New Mortgage Appraisal Rule Ignores Lessons of Great Recession
By
Press Release
| August 20, 2019
After a vote today by the Federal Deposit Insurance Commission (FDIC) Board of Directors, banks making home mortgages will no longer need to obtain an appraisal for mortgages under $400,000. With the increased threshold approved by the FDIC today, a total of 72% of home mortgage transactions will be exempt from the Dodd-Frank Act's rules […]
Mortgage
,
Real Estate
,
US Real Estate
Refinance Appraisals, What You Need to Know
By
Joe Boylan
| March 22, 2019
If you have lived in your home for a while, refinancing your mortgage might be a great idea. Refinancing can help you to lower your monthly payment while possibly getting a lower interest rate. The advertisements for refinancing seem to be everywhere and of course, they make the process of refinancing your mortgage seem easy. […]
Home Sales
,
US Real Estate
What determines the value of a home?
By
Beatrice De Jong
| October 3, 2018
While both the house and location will factor into the value of a property, in the end, it is an appraiser that actually drives or rather determines a property’s actual value. Say what? to put it simply: Appraisals determine property values Property values are important to buyers Property values are important to sellers Lenders want […]
Ask Brian Real Estate
Ask Brian Real Estate: Which is better Zillow or Fair Market Analysis?
By
Brian Kline
| October 1, 2018
Brian, we are looking to sell our home in Oklahoma City and move to Kansas in the spring of 2019 to be closer to our parents, I was researching our home value on Zillow and it appraises for 210k which seems to be quite a bit. We are looking at hiring an appraiser to get a more accurate sell value
Mortgage
,
US Real Estate
Freddie Mac expands appraisal waiver to condo buyers
By
Mike Wheatley
| July 6, 2018
Condo buyers and refinancers could be eligible for a new program that allows them to bypass a traditional in-person appraisal with a faster automated process, Freddie Mac said last week.
Commercial Real Estate
,
US Real Estate
New rule exempts low-cost commercial property from appraisals
By
Mike Wheatley
| May 1, 2018
Almost one-third of commercial property sales will become exempt from the need for an appraisal following changes to federal rules.
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