tag:searchlightcrusade.net,2024:/mt//feed/appraisal 2024-04-19T19:26:59Z Movable Type 4.21-en 20 1 20 tag:www.searchlightcrusade.net,2007://3.3692 2023-03-27T14:00:00Z 2023-03-27T15:22:11Z Dan Melson http://www.searchlightcrusade.net/ I got an ill-mannered complaint email about how an evil loan officer from another company ordered the appraisal without waiting for the inspection to be done, and it turned out there was a minor problem that the seller likely could... tag:www.searchlightcrusade.net,2010://3.5024 2021-11-23T15:00:00Z 2021-11-23T16:17:28Z Dan Melson http://www.searchlightcrusade.net/ I have been asked by more than one person how to measure desirability of real estate objectively. Fortunately, the Phoenicians did all the hard work for me three thousand years ago when they invented money. Precisely what that measurement unit... tag:www.searchlightcrusade.net,2009://3.4597 2021-08-23T14:00:00Z 2021-08-23T11:11:52Z Dan Melson http://www.searchlightcrusade.net/ My husband and I are currently in escrow with the sale of our home in California. Our buyers have been " difficult" to say the least. The buyers appraisal of our property came in $6,000 below the selling price... tag:gockel.hmdnsgroup.com,2007:/~searchli//3.2829 2021-07-20T14:00:00Z 2021-07-20T15:45:18Z Dan Melson http://www.searchlightcrusade.net/ what happens when house doesn't appraise? I presume this question meant "for the necessary value according to the lender's guidelines". Lenders base their evaluation of a property upon the standard accountant's "Lower of Cost or Market." This is intentionally... tag:www.searchlightcrusade.net,2008://3.3835 2020-09-01T14:00:00Z 2020-09-01T15:38:49Z Dan Melson http://www.searchlightcrusade.net/ I am seeking to sell my properties to my tenants. I want to create a mortgage and then sell the mortgages. Properties are undervalued in this area as they have been historically fixer-uppers. Ours are in very good condition... tag:www.searchlightcrusade.net,2009://3.4684 2009-05-19T14:00:00Z 2010-11-16T15:02:07Z Dan Melson http://www.searchlightcrusade.net/ I have been asked by more than one person how to measure desirability of real estate objectively. Fortunately, the Phoenicians did all the hard work for me three thousand years ago when they invented money. Precisely what that measurement unit... tag:gockel.hmdnsgroup.com,2007:/~searchli//3.2785 2008-12-21T17:00:00Z 2008-12-21T17:02:34Z Dan Melson http://www.searchlightcrusade.net/ Of all the issues having to do with a mortgage, the appraisal generates more overblown problems than any other part of the process. It's also one of the most critical areas to handle correctly. There are reasons for this: It... tag:gockel.hmdnsgroup.com,2007:/~searchli//3.2726 2008-10-24T14:00:00Z 2008-10-24T13:37:50Z Dan Melson http://www.searchlightcrusade.net/ This article is a reprint. I enjoyed finding your blog today. It was enlightening, particularly in the area of real estate appraisals. Mortgage fraud is something I've been reading about lately. Since the FBI says 80% of it involves collusion... tag:gockel.hmdnsgroup.com,2006:/~searchli//3.2579 2008-05-31T14:00:00Z 2008-05-31T15:36:56Z Dan Melson http://www.searchlightcrusade.net/ Appraisers Petition Against "Make The Deal" I've spoken about these issues before in this post. I've certainly heard of plenty of abuse on both sides of this equation, and there is plenty of motivation for lenders and brokers to abuse... tag:gockel.hmdnsgroup.com,2007:/~searchli//3.2866 2007-07-15T17:01:17Z 2022-06-20T16:23:45Z Dan Melson http://www.searchlightcrusade.net/ My husband and I are currently in escrow with the sale of our home in California. Our buyers have been " difficult" to say the least. The buyers appraisal of our property came in $6,000 below the selling price... tag:gockel.hmdnsgroup.com,2006:/~searchli//3.2489 2006-10-29T17:00:34Z 2022-03-07T14:47:18Z Dan Melson http://www.searchlightcrusade.net/ I am seeking to sell my properties to my tenants. I want to create a mortgage and then sell the mortgages. Properties are undervalued in this area as they have been historically fixer-uppers. Ours are in very good condition... tag:gockel.hmdnsgroup.com,2006:/~searchli//3.2414 2006-09-12T17:00:44Z 2022-03-07T14:23:28Z Dan Melson http://www.searchlightcrusade.net/ I got an ill-mannered complaint email about how an evil loan officer from another company ordered the appraisal without waiting for the inspection to be done, and it turned out there was a minor problem that the seller likely could... tag:gockel.hmdnsgroup.com,2006:/~searchli//3.2360 2006-08-08T17:00:32Z 2022-02-14T19:07:20Z Dan Melson http://www.searchlightcrusade.net/ This is one of those commercial gambits I keep seeing that has nothing intrinsically wrong with it, and yet it is most often a tactic employed by the more costly loan providers. In short, sharks and scam artists. The basic... tag:gockel.hmdnsgroup.com,2006:/~searchli//3.2321 2006-07-12T17:01:02Z 2022-02-07T13:53:19Z Dan Melson http://www.searchlightcrusade.net/ what happens when house doesn't appraise? I presume this question meant "for the necessary value according to the lender's guidelines". Lenders base their evaluation of a property upon the standard accountant's "Lower of Cost or Market." This is intentionally... tag:gockel.hmdnsgroup.com,2006:/~searchli//3.2296 2006-06-25T10:21:48Z 2007-09-17T01:05:33Z Dan Melson http://www.searchlightcrusade.net/ Navy Missile Intercept Test Successful Good. Looks like we need it more than ever. Japan evidently agrees. ********** The real agenda slips out: No Iran nuclear suspension even after talks: official. In short, they are not willing to suspend enrichment.... tag:gockel.hmdnsgroup.com,2006:/~searchli//3.2243 2006-05-18T17:01:24Z 2007-09-16T18:32:38Z Dan Melson http://www.searchlightcrusade.net/ I enjoyed finding your blog today. It was enlightening, particularly in the area of real estate appraisals. Mortgage fraud is something I've been reading about lately. Since the FBI says 80% of it involves collusion and usually with the... tag:gockel.hmdnsgroup.com,2006:/~searchli//3.2191 2006-04-02T17:00:44Z 2007-09-15T21:16:50Z Dan Melson http://www.searchlightcrusade.net/ Appraisers Petition Against "Make The Deal" I've spoken about these issues before in this post. I've certainly heard of plenty of abuse on both sides of this equation, and there is plenty of motivation for lenders to abuse the situation... tag:gockel.hmdnsgroup.com,2006:/~searchli//3.2156 2006-03-07T18:01:20Z 2022-01-04T14:47:24Z Dan Melson http://www.searchlightcrusade.net/ This is definitely not a "Who you gonna call?" I've done a couple articles in the recent past on the two ratios, debt to income and loan to value. Nonetheless, there exist a plethora of reasons why someone can be... tag:gockel.hmdnsgroup.com,2006:/~searchli//3.2087 2006-01-20T18:01:12Z 2021-12-27T14:09:06Z Dan Melson http://www.searchlightcrusade.net/ Many folks have no idea how qualified they are as borrowers. There are two ratios that, together with credit score, tell how qualified you are for a loan. The more important of these two ratios is Debt-to-Income ratio, usually abbreviated... tag:gockel.hmdnsgroup.com,2005:/~searchli//3.1967 2005-10-17T17:01:25Z 2007-09-10T23:18:50Z Dan Melson http://www.searchlightcrusade.net/ Appraisers Petition Against "Make The Deal" I've spoken about these issues before in this post. I've certainly heard of plenty of abuse on both sides of this equation, and there is plenty of motivation for lenders to abuse the situation...