appraisal

Real Estate Investing

3 Things I Look For In a Lender

by Ken Corsini | November 30, 2011
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There are many lenders around the country who have the ability to underwrite loans for investors. However, I have found that most lenders who attempt investment loans get tripped up along the way and are unable to close these loans.  Having coordinated hundreds of loans over the last several years, I have learned how to [...]

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Real Estate

The Residential Appraisal Problem

by Marty Boardman | November 17, 2011
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The grocery store down the street from my house sells a gallon of milk for $2.50.  A small cup of coffee at Dunkin Donuts runs $1.60.  The going rate for a Hunter 5-minute ceiling fan at Home Depot is $99.  A 55” Vizio HDTV with internet apps sells for $1,399 at Costco (I know because [...]

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Real Estate

Boosting Appraisal Values on Green Homes

by Jim Simcoe | September 16, 2011
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It’s football season (Go Pats!) and time to re-visit the topic of boosting appraisal values on green homes.  In the past I’ve advocated using the Energy Star guidelines to boost appraisal values.  After working with different appraisers over the US over the past 9 months, I found an easier way.  Instead of throwing into double [...]

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Real Estate

Green Appraisal Trends for Real Estate Investors

by Jim Simcoe | June 17, 2011

Almost half the year is over and some exciting green appraisal trends are emerging.  Here’s what’s going on: Appraisers are realizing they need to address the value of green for the future of their business.  We’ve reached a tipping point of sellers/investors who have green features in their listings and the need to be able [...]

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Financing Real Estate

HVCC Regulations & What’s the Deal with Appraisals?

by Ken Corsini | June 8, 2011

Google the phrase “HVCC Nightmare” and you’ll return over a hundred web pages discussing the horrible legislation  passed in April 2009 governing  how appraisals are to be conducted in the mortgage business.  For those who aren’t familiar with this legislation and how it impacts the lending process, here’s a quick overview: Appraisers can no longer [...]

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Real Estate Investing

Are You Willing to Lose in Order to Win?

by Marty Boardman | May 26, 2011
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“I have missed more than 9,000 shots in my career. I have lost almost 300 games. On 26 occasions I have been entrusted to take the game winning shot, and I missed. I have failed over and over and over again in my life. And that is why I succeed.” -       Michael Jordan Thomas Edison [...]

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Flipping Houses

Controlling (And Conquering) Your Appraisals

by J Scott | January 19, 2011
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I’ve addressed this topic several times in the forums, and much of this post is taken from an old forum post I wrote, but this subject is important enough to rehabbers and other investors that I wanted to make sure it was captured here on the blog… One of the biggest areas where rehabbers and [...]

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Real Estate

The Ten Best in RE.net This Week: July 18, 2010 Edition

by Dean Ouellette | July 18, 2010
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1 ) One of the biggest pieces of news in real estate this week was the Class action suit filed against Bank of America for abuse. BoA should have known you don’t mess with Texas. 2 ) I think some people forget that a Real Estate Contract is legal, binding, can’t just walk away! Buyers [...]

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Real Estate Investing

How to Maximize Your Rental Property Appraisal

by Julie Broad | April 9, 2010
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When the document arrived in our inbox my husband Dave and I were giddy with excitement. “What’s your guess?” Dave asked me curiously. “I think $297,900. What do you think?” I replied excitedly. “Well… I hope $305,000, or more, but it will probably be $299,000. Let’s see …. “ The room fell silent as we [...]

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Real Estate News

The Ten Best in RE.net This Week: Feb. 6, 2010 Edition

by Dean Ouellette | February 6, 2010
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1) On the ethics of “strategic default”… – I understand where Scott is coming from on this post, but some parts of the country are in such a bad position you have to start questioning it. Imagine being in a home you owe $600,000 and today it is only worth $350,000. At some point a common [...]

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Real Estate

Appraise This: An Examination of Real Estate Appraisals

by Meghan Busch | December 12, 2008

Note: The ring above is not the ring in question. When something bad happens, we want someone to blame. Yesterday I dropped my husband’s wedding ring into my favorite crystal glass for safekeeping while he was doing handy work, and the glass broke under the weight of the ring. Frustrated and heart broken, I wanted [...]

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Learn Real Estate

Five Additional Steps of Due Diligence When Buying a Rental Property

by Troy Schuricht | April 18, 2008

Due diligence is a term used for a number of concepts involving either the performance of an investigation of a business or person, or the performance of an act with a certain standard of care. It can be a legal obligation, but the term will more commonly apply to voluntary investigations. A common example of [...]

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