Runt Rants - Lender Do Not Use Lists - Appraiser BlackListing Series - Part 5 - Conclusions and Recommendations
Saturday, February 24th, 2007The first 4 parts of the Blacklisting series (Click here)defined the issues and provided Real World examples of appraiser blacklisting.
Now, let╤В╨Р╨йs deal with the solutions!
In this final article, Ken Verrett provides steps you and your appraisal organization can use to fight back against, and prevent, appraiser blacklisting!
Legal action, Education, and Persuasion
Townhomes 50% OFF ?
Friday, February 23rd, 2007If you are serious about getting the house you want, get Pre-approved NOW!
Look at these prices
The smallest townhome (two-bedrooms, 2.5 baths, two-car garage, 1,395 square feet under air) had an original base price of $238,400 plus location premium and upgrades. These sold from a low of $137,500 to a high of $156,750 including auction premium, approximately $80,000 less than what Levitt and Sons originally sold them for.
Sellers Game Plan-Part 2
Friday, February 23rd, 2007So you’ve decided that you are going to sell your home. At this point the first thing you need to do is to stop thinking like a home owner and start thinking like a home seller.
There is a big difference, a home owner wants to continue on with their life, they want few to zero disruptions in their day to day world.
A home seller on the other hand realizes that until the deal is closed they will have to make significant changes in their day to day life. Things like de-cluttering, keeping things picked up, vacating the property for showings and more.
Supporting the “Neighborhood Trend” analysis - It’s just an opinion - Right?!
Thursday, February 22nd, 2007
Little known to a large majority of currently practicing appraisers, the use and expectations of those seemingly impertinent little boxes in the neighborhood section of a FNMA/FHLMC form are now creating liabilities of an untold magnitude.
What is inventory and supply? What are housing prices (more…)
Houses 50% OFF ?
Thursday, February 22nd, 2007If you are serious about getting the house you want, get preapproved NOW!
Willie Woolridge
Mortgage Planner
Meridian Financial, Inc
Visit Website
williewoolridge.net
Marin Real Estate
Wednesday, February 21st, 2007
(Click to enlarge)After falling back into the stratosphere in May, Marin’s real estate market shot through the ozone layer in June.
The median price for a detached home in Marin County hit a record $1,125,000 last month, up 16 percent from June 2006, according to figures released Wednesday by DataQuick Information Systems, an industry research firm. The median is the point at which half the homes cost more and half cost less.
From the High Seas
Wednesday, February 21st, 2007Vacation! I’m aboard the beautiful Rhapsody of the Seas on a seven night Western Caribbean Cruise: Galveston – Key West – Grand Cayman – Cozumel – then back to Galveston. But, alas, these days Wi-fi is everywhere – one of the constant reminders to me of how technology is changing all of our lives.
The Housing Market Cycle - Analyzing the peaks and valleys
Wednesday, February 21st, 2007
The following article is by Smith Realty Advisors,
Truthiness in Real Estate
Tuesday, February 20th, 2007South Florida home sales still sluggish
Tuesday, February 20th, 2007Sales of existing homes remained sluggish in May, according to numbers released Monday by the Florida Association of Realtors.
The number of condominiums sold in May was off 46 percent in Miami-Dade when compared to the same period a year ago. In Broward, condo sales for the month were down 29 percent. The story was largely the same for single-family homes: May sales down 44 percent in Miami-Dade and off 33 percent in Broward.
But prices were relatively stubborn. In Miami-Dade, prices for houses and condos were up, increasingly 8 percent for a condo and 6 percent for a house in May. Broward prices were down for the month, though not steeply. Broward single-family home prices were down 3 percent in May compared to May 2006. Broward condo prices dipped 5 percent for the month.