Interest rates play a crucial role in the housing market. Lower rates typically promote an increase in demand for properties, this in turn drives up pricing, while on the flip side of that, higher interest rates reduce the demand since … Read more
Along with the rest of the world appraisers have had to adapt to all things Covid. Being in an industry where you are entering into homes, being in one another’s personal space and typical interaction has become alarmingly apparent of … Read More..
Could this be true? Is Fannie Mae trying to recruit new appraisers to enter the field? It seems as though over the past decade Fannie Mae has been trying to minimize and reduce the role of the appraiser with proposed … Read More..
A hybrid appraisal is a valuation completed by a Licensed/Certified appraiser that is very similar to a desktop appraisal. It is a shorter appraisal form than the traditional appraisal and is performed by an appraiser who typically never visits the … read more
Here at Robinson Appraisal Group, we will give you an accurate and detailed report on the quality and value of your home. We offer competitive pricing and electronic ordering and delivery to make life a bit easier for you as … read more
Buyers and sellers are in for another nail biting year of making predictions regarding the Baltimore metropolitan market. There seems to be a slightly harder road ahead than last year due to the future of the Federal Fund Rate. Interest … Read More..
The one thing that always remains constant is change. As appraisers in this ever changing industry we have seen changes in the market, technology, bank requirements, emergence of management companies and appraisal form changes. The most recent Fannie Mae change … read more
An Estate Sale Appraisal Process After 25 years of handling estate sale appraisal in the Baltimore Metropolitan area I have seen my fair share of estate sales. But what is an estate sale? An estate sale means a person has … Read More..
Interest rates for buyers with good credit or credit worthiness for a 30 year loan is approximately 4.875% while average buyers fall around 5%. A hike in rates have been talked about since last year with minimal increases until recently. … Read More..
Are you one of the people scouring the internet for the perfect house, driving around your favorite neighborhoods hoping to see a For Sale By Owner sign, stalking the “Coming Soon” house advertised and stressing out about what will be … read more
As appraisers are dropping out and retiring from the appraisal field due to strict guidelines on qualifications and education requirements the AQB (Appraiser Qualifications Board) has been rethinking the current set of standards applied to Licensed and Certified Appraisers. The … Read More..
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..