RECENT BLOG POSTS
From the below link a look at the current loan modifications thru 12/2009. What is interesting is One Bank Wests modification program, which purchased IndyMac has a low percentage rate, which plays into the TBWS video. ( http://www.thinkbigworksmall.com/mypage/archive/1/29027 ) http://www.prop...
02/09/2010
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The following was written by Patrick Egger and reposted here with permission from the author. This article speaks for itself. I am interested in any comments. "Closing the gap between sales price and appraised value" Lately, there have been more than a few "would be sales" that didn't close ...
01/27/2010
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U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WASHINGTON, DC 20410-8000 ASSISTANT SECRETARY FOR HOUSINGFEDERAL HOUSING COMMISSIONER www.hud.gov espanol.hud.gov December 17, 2008 MORTGAGEE LETTER 2008-39 TO: ALL APPROVED MORTGAGEES ALL FHA ROSTER APPRAISERS SUBJECT: Revised Eligibility Require...
12/19/2008
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AS OF 10/1/2008 ONLY CERTIFIED APPRAISERS ARE ALLOWED TO APPLY TO PERFORM FHA APPRAISALS..... This page is located on the U.S. Department of Housing and Urban Development's Homes and Communities Web site at http://www.hud.gov/offices/hsg/sfh/appr/faqs_appraiser.cfm. FAQs for Appraisers Eff...
10/01/2008
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As of the September 25, 2008 the HVCC has been put into a holding pattern,. Below is the statement from the Director of the FHFI. It is suggested by many high ranking officials in various related fields that both appraisers and brokers/lenders still prepare for the implementation of this la...
09/26/2008
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Important Information about Home Valuation Code of ConductMarch 3, 2008 Advisory E-mail Message to Seller/Servicers On March 3, Freddie Mac announced that we would join with the New York State Attorney General and our regulator, the Office of Federal Housing Enterprise Oversight (OFHEO), to imp...
09/07/2008
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Field and Desktop Appraisal Review Services Have you just received a copy of your appraisal and you'd like to have a professional "double-check" it for accuracy or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? Appraisal Field Reviews: Well check ...
09/01/2008
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Appraiser Ethics Appraisal is a profession, and appraisers are professionals. In our field as with any profession we are bound by ethical considerations. An appraiser is required to function as an independent, disinterested third party who cannot act as a champion for any party of an appraisal....
09/01/2008
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Tax Grievance (Appeal) Appraisals Property Tax Grievance Guidelines vary widely by State and sometimes even by municipalities within a state. A successful real estate tax appeal in most areas of the country is based upon first establishing the market value of your property. In order to reduce ...
09/01/2008
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Also known as Private Mortgage Insurance Removal PMI REMOVAL; A popular money saver for homeowners in the last few years is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amo...
09/01/2008