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What Appraisers Can Expect in 2011

by on January 13, 2011

Earlier this month, the Standard & Poor’s Ratings Services (S&P) stated that it will take longer than predicted for the U.S. housing market to absorb distressed and foreclosed properties. This means that prices may continue to be low over the next several years. Although foreclosures are slowing, borrowers are continuing to default on their mortgages. [...]

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FHA Policy Changes

by on January 18, 2010

Starting Jan. 1, 2010, the Federal Housing Administration will adhere to new credit standards and appraisal guidelines for FHA-insured mortgages.  The new guidelines, which essentially align with HVCC rules, will prohibit the undue influence of appraisers, or the choosing of an appraiser, by mortgage brokers or commission-based lender staff.  In addition, the FHA’s appraisal validity period [...]

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An Overview on Real Estate Career

by on December 9, 2009

Are you considering a career in the real estate field? Real estate is a vast industry with opportunities in many different arenas. However, what are the benefits of becoming a real estate broker or a real estate agent? Or an appraiser or property manager? What are the differences between the mentioned job descriptions?  Real estate [...]

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