Tag Archive | “Appraisals”
Appraisers say “Show me the Equity”
Slightly over half of appraisers in a recent survey expressed a degree of confidence in the housing market and nearly half reported appreciating home values in their markets.
Continue reading…Appraisers Warn: Bad Neighbors Can be Very Costly
Wednesday, January 30, 2013
Bad neighbors with annoying pets, unkempt yards, unpleasant odors, loud music, dangerous trees and limbs, or poorly maintained exteriors can cost homeowners big time.
Continue reading…Hedge Funds Shrink Foreclosure Discounts
Monday, January 14, 2013
Demand for foreclosures is so great and supplies are so low in some of the nation’s hottest foreclosure markets popular with investors that the price differences between REOs and full-price homes have virtually disappeared.
Continue reading…Are Appraisals Missing by 5 to 10 Percent?
Thursday, September 20, 2012
In homogenous markets today, market uncertainty creates a range of prices for homes as great as plus or minus 5 percent and in less stable neighborhoods, appraisals can range from as much as plus or minus 10 percent unless appraisers apply risk management techniques to come up with values that improve pull through ratios and better protect homeowners and investors, a leading valuation firm said last week.
Continue reading…Appraisals Are Still Killing Home Sales
Wednesday, May 25, 2011
One out of ten Realtors (11 percent) report that low appraisals are killing home sales contracts and an addition 10 percent say they are delaying closings, according to an April NAR practitioners survey of Realtors. Some 14 percent report that appraisals coming in under the purchase price are sending purchase deals back to the negotiating table.
Continue reading…States Consider Dictating Foreclosure Appraisals
Friday, April 1, 2011
Outrage over legislation that would require appraisers to ignore distress sales in selecting comparable properties for appraised houses forced Maryland legislators to back down from the idea, though three other states are still considering the idea., including Nevada which is holding a hearing on the bill today.
Continue reading…
Wednesday, April 24, 2013
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