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Posts Tagged ‘Appraisals’

Fannie and Freddie say we can skip appraisals!

As long as the loan to value ratio is low enough, Fannie and Freddie are Ok with skipping appraisals.

appraisals

These guys are going to be the death of us.

So in todays show we are going to take a look at this interesting decision from Fannie and Freddie regarding home appraisals. It is always good to ask some fundamental questions with things like this. Things like “What problem does this solve?” or maybe “Does this introduce more risk than it does reward?”. We will run through the process and you can decide for yourself whether or not this seems like a smart play.

Todays Links:

  • https://www.housingwire.com/articles/41061-fannie-mae-joins-freddie-in-allowing-appraisal-free-purchase-mortgages
  • http://realtormag.realtor.org/daily-news/2017/08/21/new-program-help-buyers-bypass-appraisals

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Buying vacant land – what to think about

When buying vacant land, due diligence is the key!

buying vacant landUSNews published an article recently about the most important Do’s and Don’ts when it comes to buying vacant land. We are going to run down that list and expand on what they have to say. In fact, we will even completely disagree with one of their points and suggest a path for success.

We are also going to quickly discuss the disconnect we are currently seeing between what sellers believe their home to be worth and what appraisers are saying. Then we chat about mortgage rates and we will break down what you should be thinking about as we try to anticipate changes in the mortgage rates before they happen.

Please help the show by filling out the audience demographic survey by clicking the button at the top of the page titled “Take the survey to support the show”. Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card!

Interested in getting free content, advanced notice of upcoming events and real estate content? Then simply join the Rebel Underground by texting the word ‘rebelbroker’ to 44222. When prompted, text your email address and you are in!

Click “Read More” below for links, and other info!

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Trump talks real estate changes

Plus homeowner price expectations and foreclosures

foreclosureThe Trump team spent some time talking about their goals relating to some real estate issues since yesterdays show. We will take some time to review the latest info.

Also, an interesting statistic on foreclosures came out. Definitely worth thinking about. Homeowners are getting closer to correctly estimating their properties value when compared to appraisals – at least in general. We will review the areas where sellers are overestimating and underestimating by the biggest margins.

Please help the show by filling out the audience demographic survey by clicking the button at the top of the page titled “Take the survey to support the show”. Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card!

Interested in getting free content, advanced notice of upcoming events and content? Then simply text the word ‘rebelbroker’ to 44222. When prompted, text your email address and you are in!

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6 Ways To Check Out A Neighborhood

 

PLUS: More insights on future buyers

check out a neighborhoodToday we are going to discuss ways to really figure out the neighborhoods where you are considering buying. Whether you are buying your next home or your next investment, always remember that it is all about location! It is so important to really figure out the things about a property that you are unable to change – like the neighborhood it is in!

We will also talk about other growing groups within the buyer pool.

Of course, I can’t go too long without sharing another example of the changing employment landscape regarding automation, so I will be sharing a couple of stories that think really show that no industry appears to be immune from automation!

Please help the show by filling out the audience demographic survey by clicking the button at the top of the page titled “Take the survey to support the show”. Follow the prompts and this will automatically enter you for a chance to win a $50 Amazon Gift card!

Interested in getting free content, advanced notice of upcoming events and content? Then simply text the word ‘rebelbroker’ to 44222. When prompted, text your email address and you are in!

Click “Read More” below for links, and other info!

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Trending credit – it’s official

Nontraditional credit sources too

These guys are going to be the death of us.

These guys are going to be the death of us.

We talked about the possibility that this would be coming a while back. Well, it is official. The software used to analyze the credit of buyers will now use “Trending Credit” and “Non Traditional” credit sources.

We are going to talk about what that means and what the goal of this change is. We will also chat a bit about whether or not it is a good thing.

The show is now available on iHeartRadio (http://www.iheart.com/show/263-Real-Estate-Realities-With/)! If you you are a fan of iHeart – make sure to check it out! Just do a search on “real estate realities” and the show should come right up!

Please help the show by filling out the audience demographic survey by clicking the button at the top of the page titled “Take the survey to support the show”. This will automatically enter you for a chance to win a $50 Amazon Gift card!

Interested in getting free content, advanced notice of upcoming events and content? Then simply text the word ‘rebelbroker’ to 44222. When prompted, text your email address and you are in!

Click “Read More” below for links, and other info!

Learn more ...


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