Combatting appraisal bias has been a federal government priority since the 2021 announcement of the Interagency Task Force on Property Appraisal and Valuation Equity (“PAVE”). As part of the PAVE ...
Short-term rentals behave like operating businesses, not long-term rentals. Here’s why Form 1007 fails STR lending and how lenders can reduce DSCR risk ...
The U.S. appraisal industry faces a shrinking workforce, regulatory changes and new tech requirements, impacting housing and lending.
Question: As a lender, we use an AMC to order appraisals. If the appraisal that is done comes in at, what is, in our opinion, an extremely low value, can we order and pay for a new appraisal through a ...
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Your refinance appraisal is wrong -- how to respond?
Dear Monty: I recently applied for a refinance loan. The bank sent an appraiser from more than 30 miles away and their report ...
Project appraisal is the systematic and objective process of assessing a project to provide an informed judgment about its worth or merit. It is a crucial component of project management that uses ...
No-appraisal home equity loans can be processed faster than those that require an in-person assessment.
In today's high interest rate environment, many people struggle to find affordable financing options. If you need to borrow money, racking up charges on your credit card or taking out a personal loan ...
A home equity line of credit (HELOC) has traditionally been a cost-effective way to borrow money. With the home in question serving as collateral, borrowers tend to be offered lower interest rates ...
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