Latest Appraising News

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• Using FHA 203K Loan to Purchase a Fixer-Upper
  The 203K loan allows many types of repairs and improvements that can greatly enhance the value of a home and give buyers a chance to purchase a place at a savings. This loan is ideal for Short Sales & Foreclosures.
• Shadow Real Estate Inventory
  What is the shadow inventory? All the homes that are currently in default or already foreclosed but not yet for sale. This inventory is massive because of the foreclosure moratorium and presents a devastating problem.
• When Does the Bank Take My Home?
  The foreclosure process is a frightening situation to deal with. But the one question I get asked more than most others is, "When does the bank take my home." Here is the answer for, at least, Florida.
• Alternatives to Walking Away From Your House
  Walking away from your house is a major life decision and one that has significant and serious consequences. Before you decide to leave, consider some alternatives that will not be as damaging to your credit.
• Regulations and Laws on Foreclosure in Maryland
  If you're a homeowner facing foreclosure in Maryland, you need to know what to do to protect yourself and take action. Hiring foreclosure lawyers in Maryland is always a wise decision, but you can also learn what to expect on your own beforehand.
• Learn How to Stop Foreclosure in Maryland by Understanding the Process
  When you need to know how to stop foreclosure in Maryland, you need to understand the process involved. Use this guide to learn more about the process, what you can do and how you can receive help from foreclosure lawyers in Maryland.
• Why Real Estate Agent's Fear of Investors Is Fiduciary Irresponsibility
  Real Estate Broker's providing their Seller's access to a ready and willing buyer, may violate their fiduciary responsibilities? Something doesn't compute...
• Many Florida Online Foreclosure Auctions Set to Hurt Homeowners and the State
  If your house is foreclosed upon, you the state, and the county want a high bid for many reasons and the bank wants a low bid. Most online auctions are set to demand a low bid! Why?
• How to Get REO Listings From Banks?
  This article tells REO agents how they can close more business with asset managers by knowing their needs, wants and preferences better. It also discusses why it is important to understand the asset mangers perspective and offer them what they need without over-promising and under-delivering.
• Is Your House in Foreclosure? Consider Bankruptcy
  In 2011 there were close to 1 million homes in foreclosure across the United States. In the previous year there were even more. Lately, there have been a lot of rumblings around the industry about another large jump of foreclosures in 2012.
• Why Home Sellers Should Consider Selling to an Investor!
  The media has portrayed real estate investors as money grabbing, shysters using fraudulent appraisals to take advantage of Buyers and Sellers. Are all real estate investors bad news?
• The "Short" Sale
  Many of you are aware of what a "Short Sale" is - the sale of a home for less than is owed on open liens (mortgages, equity lines, etc.). The real estate market in South Florida is laden with them (most recent MLS -Multiple Listing Service- figures indicate that 39% of the current inventory of Palm Beach, Martin and St Lucie County listed homes are short sales...
• It Is Possible to Avoid Foreclosure, and Even Save Your Home
  Behind on your mortgage payments? Are you worried about foreclosure? There is a chance to save your home, or at worst save your credit. Avoid Foreclosure!
• Buying Property? Which Kind Of Transaction Should You Go For?
  Foreclosure, REO and short sale - these are just some of the most common kinds of transactions you have to go through to buy property. Whether investing or looking for new residences, you can choose any one of these methods to acquire your new home.
• Truth About Foreclosures
  Why not to rely on Foreclosure statistics and how to buy properties in current market and create value in today's terms. Forced appreciation is one of the ways to do that.
• And Now - The Banks Walk Away
  The housing crisis just gets stranger and stranger: Now, it's not just homeowners that are walking away from bad loans. Banks themselves are getting in the act.
• REO Property Vs Foreclosed Property
  Many people will tell you that the market is ripe with investment opportunities. On one hand, many will point to foreclosures as the proverbial cash cow. On the other, Real Estate-Owned (REO) property is the preference. While both are good investments, it is better to look at the facts and prepare yourself first.
• Real Estate Foreclosures and Short Sale Transactions - Time to Get Educated
  The increase in real estate foreclosure by lenders over the last several years has caused a corresponding increase in home buyer complaints about the foreclosure industry. Many businesses have taken profits from the housing crisis by taking advantage of unsuspecting home buyers looking to purchase a first home or vacation home. The sad reality is that many people have fallen victim to these practices because they simply did not understand some basic facts.
• Don't Forget Your Paper Trail While Dealing With Foreclosures
  Buying your first home will most likely be one of the most significant purchases you will make in your lifetime. Whether it's a purchase and mortgage or a foreclosure auction, you want to make sure that you keep everything documented. This article will delve into the idea behind why and how you should a paper trail when dealing with one specific type of foreclosure.
• 2012 Real Estate Predictions: How the Market Will Look Like This Year
  A recovering economy has encouraged many homeowners to invest in foreclosed homes for vacation or retirement. Prices have fallen by as much as 50 percent in some parts of the country, which helps fuel demand. Combined with low mortgage rates, homes are affordable as ever. This makes foreclosure investing more desirable than mutual funds as supplemental income.
• Cleaning Foreclosures: Three Top Questions Answered About Starting A Foreclosure Cleaning Business
  It's now common knowledge that the economy is in a continual decline and the high unemployment rate isn't coming down in the near future. The housing market is still very shaky, and the number of foreclosures is still on the rise.
• Avoiding a Deficiency Judgement After Foreclosure
  A deficiency judgement is one that allows your lender to sue you for the difference between either what they are owed or the current market value of the home and what was paid for it at the foreclosure auction. The laws regarding a deficiency judgement after foreclosure vary from state to state so it is important to know how the process works in your state before proceeding.
• 3 Tips to Keep Fighting the Foreclosing on Your Home
  Anyone who has faced foreclosure can tell you that it is a frustrating process. Dealing with banks who lose your paperwork and do not return your phone calls is stressful and aggravating. You may feel like giving up many times. Here are a few tips that can help you keep fighting the foreclosing on your home.
• Short Sales On The Rise - Do Your Sellers Understand the Process?
  For many, the American dream of owning your home seems to be coming to a quick end. In some cases people no longer want the upkeep of maintaining their home, and just want out of their situation. There are solutions for both keeping and letting go of your home.