Certified Real Estate Appraisals | Appraisals News for 07/21/2010



Some Evanston home assessments drop 25% - Pioneer Press Online

Some Evanston home assessments drop 25%
Pioneer Press Online
. gotten a 5.5 percent increase in their assessments, while recent appraisals for refinancing purposes have shown their property values have decreased. .

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Real Estate Appraising | Appraisals
The CFPA would have general oversight on home real estate appraisals and would be required to adopt rules and standards to guarantee "appraiser independence" from pressure by lenders, realty agents and others. Once the revised appraisal ...

County home values drop
Home values across Medina County will drop by an average of 7 percent next year and will be reflected on property tax bills mailed out in February. The Medina County Auditors Office just sent its triennial update to Columbus for approval, and Auditor Mike Kovack said property values dropped for the first time recorded in the . Read More..

Median home price at $507,500 in June: First-time buyer jumps in after a three-year search
SANTA CRUZ Patricia Beckwith bought a three-bedroom house on a third of an acre in Aptos for $444,000 after waiting more than three years for prices to fall...

Tax changes wont affect Manassas residents
It wont make a difference to city residents, but changing the tax year from one that coincides with the calendar year to one that lines up with the fiscal year will help the Manassas City Council...

REAL ESTATE AGENCIES
NEVSKY PROSTOR (show on map) Since 1996 year "NEVSKY PROSTOR" has been in the range of the top ten real estate companies. In 1998 "NEVSKY PROSTOR" became an official member of the Real Estate Association of Saint-Petersburg and started co-operation with The St.Petersburg Times...

Fannie Mae to prohibit lenders from changing home appraisals | www .
Sales may be knocked off track as appraisals come in lower than contract prices. How fresh are your "comps" -- the comparable sales of properties used as benchmarks in home real estate appraisals? ...

Flushing Financial Corporation Reports 2010 Second Quarter GAAP and Core Net Income Increase of 49% and 25 .
SECOND QUARTER 2010 HIGHLIGHTS..

Randolph County tax
Randolph County residents can expect to receive their annual tax assessment soon and Assessor Phyllis Yokum is reminding property owners of their responsibilities...

Banks may be the real culprits behind low-ball appraisals - Boston Globe (blog)

Reuters (press release)

Banks may be the real culprits behind low-ball appraisals
Boston Globe (blog)
We've been blaming blockhead appraisers for all those scuttled home sales when it was the banks who were really mucking it up. Seriously, new rules to be .
Fannie to prohibit lenders from changing home appraisalsHousing Wire
Fannie ,Freddie, Dodd And Frank: Real Estate Practices AdjustedDaily Markets
New requirements for credit report checks worry mortgage lendersDebtmerica Relief (blog)
Housing Watch
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New BPO rules won't kill demand - Inman.com

Inman.com

New BPO rules won't kill demand
Inman.com
HR 4173 will also spell the end of the Home Valuation Code of Conduct (HVCC), appraisal rules adopted by Fannie Mae and Freddie Mac in May 2009. .

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Appraisal Institute Praises Senate for Passage of Financial Regulatory Reform Bill - RisMedia.com (press release)

Bankrate.com

Appraisal Institute Praises Senate for Passage of Financial Regulatory Reform Bill
RisMedia.com (press release)
EURThis bill will mean good news for consumers because they should see more reliable home appraisals,EUR said Appraisal Institute President Leslie Sellers. .
Dodd-Frank Bill reshapes businessesLexology (registration)

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Taxes may be going up for some
Property taxes will be going up this year for about half of the countys property owners, according to Revenue Commissioner Linda Barrett-Vaughan...

BANK BILL: How Bank Overhaul Will Change Mortgage Shopping - Wall Street Journal

BANK BILL: How Bank Overhaul Will Change Mortgage Shopping
Wall Street Journal
Also, a Consumer Financial Protection Bureau would be charged with overseeing consumer lending, and one of its tasks will be to create new home-appraisal .

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UT presidents' house listed at $4.1M - Knoxville News Sentinel

UT presidents' house listed at $4.1M
Knoxville News Sentinel
The second appraisal put the house's value at $3 million. Real estate agent Jim Ford, with Coldwell Banker Wallace & Wallace, has shown the house to about a .

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Nationwide Appraisal | Appraisals
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Fannie Mae tightens screws on appraisal guidelines - Chicago Tribune

Fannie Mae tightens screws on appraisal guidelines
Chicago Tribune
Fannie Mae just issued new requirements to help clarify single-family home appraisals, since it identified some issues in "post-purchase reviews of mortgage .

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The Trend Towards Truer Appraisals of Home Values
Used as benchmarks in home real estate appraisals, buyers and sellers never used to be concerned about EURcompsEUR when real estate values were on the upswing. In this soft market, mortgage lenders recently have begun making these ...

Taxes may be going up for some - Gadsden Times

Taxes may be going up for some
Gadsden Times
Barrett-Vaughan is encouraging property owners who have questions about their property tax appraisals to call her office, at 256-549-8145, during regular .

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Finance and Banking
The biggest question in the commercial real estate industry during this recession is, what will happen to all the loans that need to be refinanced if lenders are not lending money?..

Appraisal System | Appraisals
boston herald, united states - 5 minutes ago. by kenneth r. harney / the nation's housing how fresh are your EURÅcompsEUR -the comparable sales of properties used as benchmarks in home real estate appraisals . ...

REAL ESTATE AGENCIES
Apartment Rental Service (STN) (show on map) Working in the hospitality industry since 1999 and being engaged in the acquisition, holding and management of hotels and real estate properties, the STN company has built up an impressive record of success by bringing together three essential elements: a commitment to guest comfort and satisfaction, a staff of dedicated professionals, and an ...

Two involved in Indy mortgage fraud sentenced - Indianapolis Star

Two involved in Indy mortgage fraud sentenced
Indianapolis Star
According to a release from the US Attorney's office, Bauter conducted about 150 appraisals of single-family homes in Indianapolis, including about 25 in .

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US Mortgage Brokers Get Criminal Check, Tests Under New Rules - Bloomberg

US Mortgage Brokers Get Criminal Check, Tests Under New Rules
Bloomberg
Borrowers were victimized last year by brokers engaged in fraudulent loan-modification plans, home appraisals and applications for the first-time homebuyer .

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Appraisal Institute Praises Senate for Passage of Financial Regulatory Reform Bill
RISMEDIA, July 19, 2010The Appraisal Institute, one of the nations largest professional organizations of real estate appraisers applauded the U.S. Senate for passing a sweeping financial regulatory reform bill that includes the first modernization of real estate appraisal regulations..



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