Fannie mae

Enhanced Property Inspection Waiver

Fannie Mae has a new automated underwriting system called the “enhanced property inspection waiver” program. Fannie Mae’s no appraisal offer applies to refinance loans on single family homes or condos up to $1 million and Fannie Mae must have a … Read More..

Fannie mae

Fannie Mae Easing their Standards

LOAN NOT APPROVED! This is the last thing a potential buyer wants to hear from a bank when trying to purchase a home, but now with Fannie Mae easing the financial standards of the debt to income (DTI) ratio. The … Read More..

Listing Shortage

Listing Shortage!!!

Already this year we have seen a shortage in the supply of homes on the market. With the beginning of the spring season upon us buyers are waiting with bated breath ready to pounce on the purchase of their new … Read More..

The New Home Dilemma

Buying new construction has decision making every step of the way…what floor plan to choose, what options, what trends will last and should I wait and upgrade that myself rather than paying the builder such a premium? From an appraisal … Read More..

in-law suite

The In-Law Suite

We all want to live the “suite” life….but this one involves a change in your life to include your aging parents moving in with you. As the Baby Boomer generation is getting older we see more multi generational families living under … Read More..

mortgage appraisal

Relocation Appraisal vs. Mortgage Appraisal

A relocation report is very different from the traditional mortgage appraisal. Appraising a property for a relocation company is a specialized field for appraisers. Appraisers that are willing to broaden their traditional methodology of appraising real estate could benefit by … read more

manufactured home

Manufactured & Modular Homes

Appraising a Manufactured Home…or is it a Mobile??…maybe it’s a Modular?? Manufactured homes, mobile homes and modular homes are homes that terms that people (sometimes appraisers) incorrectly use interchangeably. Hopefully the following information will help differentiate the varying types of … read more

real estate appraisers

Are Appraisers Becoming an Endangered Species?

Where have all the appraisers gone? The Appraisal Institute has performed a demographic survey of the population of real estate appraisers. The trend showed a continued 3% decline per year for the past 5 years. Younger workers are not choosing the … read more

flood insurance

What is Flood Insurance?

Waterfront homes, flood zones, flood plains, lowlands….when do you need flood insurance and when are you required to get flood insurance? Flood insurance is specific insurance coverage against property loss from flooding. To determine risk factors for specific properties, insurers … read more

Housing Trends in Baltimore

Housing Trends in Baltimore

We have all watched the programs on HGTV to see the transformation of an old space revamped, renovated or remodeled into a new modern space that reflects the current housing trends that yield the highest payoff or return. Awe struck … Read More..

Fannie Mae


What does Fannie Mae have in store for 2016? Fannie Mae is a billion dollar entity that does not directly offer mortgage loans but instead buy the mortgages from banks, credit unions, and other financial institutions so that they, in … read more