Valuation 2009 New Orleans Video
December 9th, 2009 by admin
http://www.realestateappraisertips.info/ – Valuation 2009 New Orleans Video, Real Estate Appraisal Conference
Duration : 0:2:24
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Legal Briefs on Divorce: Real Estate Appraisal for Your Divorce – Part 1
December 5th, 2009 by admin
This installment of Legal Briefs On Divorce is an interview with John S. Eory, Shareholder in Stark & Stark’s Divorce Group, and Richard Carabelli, Jr., MAI of Martin Appraisal Associates, Inc. Mr. Eory and Mr. Carabelli discuss the importance of a real estate appraisal in the divorces process.
This is part 1 of a two part video series. For full-length videos provided by Stark & Stark, please visit www.LegalBriefsTV.com.
Duration : 0:7:5
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Real Estate Appraiser Tips – IT’S PAST TIME TO RAISE YOUR FEES!
November 28th, 2009 by admin
http://realestateappraisertips.info/ – Real Estate Appraiser Tips – IT’S PAST TIME TO RAISE YOUR FEES!
Duration : 0:3:40
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The Three Principles Of Real Estate Valuation And Appraisals
November 28th, 2009 by admin
The Three Principles Of Real Estate Valuation And Appraisals
Duration : 0:6:18
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Legal Briefs on Divorce: Real Estate Appraisal for Your Divorce – Part 2
October 25th, 2009 by admin
This is part 2 of a two part video series. For full-length videos provided by Stark & Stark, please visit www.LegalBriefsTV.com.
This installment of Legal Briefs On Divorce is an interview with John S. Eory, Shareholder in Stark & Stark’s Divorce Group, and Richard Carabelli, Jr., MAI of Martin Appraisal Associates, Inc. Mr. Eory and Mr. Carabelli discuss the importance of a real estate appraisal in the divorces process.
Duration : 0:9:20
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Real Estate Home Appraiser Explains ANSI Standards 5′ Slanted Wall Height Rule
October 15th, 2009 by admin
http://realestateappraisertips.info/ – FHA Real Estate Home Appraiser Explains ANSI Standards Five Foot Slanted Wall Height Rule
Duration : 0:6:10
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Định Giá Nhà – Home Appraisal with Joe Long 1 of 2
October 12th, 2009 by admin
Nghệ thuật định giá nhà với chuyên gia Joe Long. Làm sao chuẩn đoán được gía trị của một căn nhà. Phần 2. Home appraisal techniques, 2 of 2
Duration : 0:6:11
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Real Estate Appraisal Explanation from Quicken Loans
October 1st, 2009 by admin
It seems like everyone is talking about appraisals today and a lot of people have questions about the whole process.
So what’s an appraisal anyway? An appraisal is what determines the fair market value of your property. The appraisal is performed by a licensed appraiser who provides a professional opinion of the value of your property based on a variety of factors. Its an important part of the mortgage process that needs to happen before the transaction can be finalized.
It’s easier to understand the whole appraisal process by breaking it down into three main parts. There’s the Real Estate Inspection. The Comparables. And The Final Report of Value.
The real estate inspection will take anywhere from 10 to 30 minutes based on the size of your home. The appraiser will record things like square footage, the dimensions of your property and the number of rooms in your home. He’ll verify his findings with information provided by third parties such as the real estate multiple listing service and county records.
The next step is for the appraiser to evaluate Comparables. Comparables are recent home sales in and around your neighborhood. Analyzing these recent past sales helps an appraiser determine the current market value of your home. And when I say recent, I’m talking 3 to 6 months. This is important because comparable sales from many years back may not reflect true home values today.
When selecting comparable properties, the appraiser is looking for some very specific things: Homes that have sold recently. Homes that have sold near where you live. And homes that are similar to yours in terms of size, age and style – ranch, colonial or tri-level , for example.
You should also know that home values from Real Estate websites do not give you accurate comparable values. The information they provide may be outdated and isn’t verified by third parties such as real estate multiple listing services. Basically, an accurate appraisal can only come from a licensed appraiser.
Here’s a question a lot of people are asking these days: Will a foreclosed house in my neighborhood affect the appraised value of my property? The answer is that it depends on the amount of foreclosed properties that have sold in your area. Like artwork, baseball cards or any other product, the value of a house is based on what people are willing to pay for it. And the bottom line is that foreclosed homes sell for less than other homes.
And the more foreclosures in your area, the more average home prices will fall.
The important thing to remember is that appraisers cant treat foreclosure sales any different than non-foreclosure sales. A sale is a sale regardless of whether a comparable property happens to be in foreclosure. But heres the good news: By keeping your property well-maintained and up-to-date, youre doing what you can to increase the appraised value of your property.
Next, an appraiser will move on to the final step: Preparing a Final Report of Value. This report will detail the appraisers analysis of the value of your property based on a combination of the inspection and the comparables. Also, if youve done home improvements and upgrades to your property, the appraiser may take these into consideration when writing his final report of value. Both you and your mortgage lender will get a copy of this report.
Sospeaking of the mortgage lender, whats our role in the whole appraisal process anyway? Heres the simple answer: Mortgage companies like Quicken Loans, by law, cannot do appraisals.
Appraisals can only be performed by a state-licensed third party. That means that by law, we have no influence on the appraised value of your property.
In fact, if an appraisal on a property comes in too low, we wont be able to write a loan on it. The bottom line is that we at Quicken Loans want what you want: A fair appraisal of your property that accurately reflects todays market conditions.
An accurate appraisal is the best way to ensure that everyones interests are protected throughout the entire home refinance or purchase process.
Duration : 0:4:36
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FHA Streamline Refinance with No Appraisal – Quicken Loans
September 25th, 2009 by admin
For more information on FHA Streamline visit https://www.quickenloans.com/mortgage-options/fha-streamline
Quicken Loans now offers FHA Streamline, the easiest way to refinance your FHA loan. With FHA Streamline, you could refinance an FHA loan with no appraisal and no income/assets verification.
Refinancing an FHA Loan with FHA Streamline
FHA Streamline offers a great opportunity to anyone currently in an FHA loan. All FHA loans qualify for the program, including 30- and 15-year fixed rate FHA loans and all ARM FHA loans. FHA Streamline allows you to take advantage of lower mortgage rates by refinancing your current FHA loan into a lower fixed rate on a new FHA loan.
Lower Your Mortgage Rate on Your FHA Loan with FHA Streamline
Quicken Loans makes it simple. If todays mortgage rates are lower than your current rate, or you have an FHA ARM that may adjust upward, you can refinance your FHA loan up to the original amount of your current loan at todays lower rates. And with FHA Streamline, you could qualify for an FHA refinance with no appraisal and no income verification. Its easy, fast and designed to get you a lower payment on your FHA loan.
Get an FHA Streamline and Get a Lower Mortgage Rate Today
Lets clarify the benefits of FHA Streamline. Consider a 30-year fixed rate mortgage of $250,000. The monthly payment on this mortgage at 7% is approximately $1,663. If you could lower that interest rate to 5%, your payment would be approximately $1,342. Thats a monthly difference of $321. Over a year that would be $3,852. Over 10 years the difference is $38,520. And over the full life of your 30-year mortgage, thats a difference of $115,560. Those numbers are catching the attention of homeowners across the country!
FHA Streamline Could Put Money Back in Your Pocket
Its easy to see why the popularity of FHA Streamline is growing fast. And its a program every homeowner with an FHA loan should look into. If you have an FHA loan, Streamline could lower your rate and payment today while still giving you the security of the FHA program. Get in touch with us at (866) 457-8425 and well find out if you qualify for a quick and easy refinance to a lower rate and payment with no appraisal required.
Its the fastest, easiest way to lower your payment on your FHA loan today.
Duration : 0:1:31
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Real Estate Appraisal (1 of 6) Quicken Loans TV, Intro and Front Room
September 21st, 2009 by admin
Quicken Loans TV takes you through a full real estate appraisal home inspection in this informative video – part 1 (steps of the appraisal and the front room appraisal) of the Quicken Loans Appraisal series. A home appraisal is something you’ll need when getting a mortgage. For more information on appraisals go to https://www.quickenloans.com/mortgage-news/how-do-you-get-the-best-appraisal-and-whos-to-blame-if-it-comes-in-low-5465
Duration : 0:5:27
Posted in home appraisals | 6 Comments »