Congress closer to prodding VA to update appraisal requirements
The Department of Veterans Affairs allows desktop appraisals when borrowers put 20% down, but nearly 90% of VA-backed loans are made to homebuyers who put zero down
by Matt Carter Sep 15
Commission study paid for by HomeServices comes under fire
The study argues that decoupling commissions would harm first-time, low-income, and minority buyers, but critics like the Consumer Federation of America say it's based on a faulty premise
by Andrea V. Brambila Jul 27
Americans know more about Kim Kardashian than homebuying
Nearly 90% of Americans know how many children Kim Kardashian has, but fewer than 33% know how to get pre-approved for a mortgage, according to a new survey from Zillow
by Marian McPherson Jun 17
May the 4th be with you: The best Star Wars real estate memes of 2022
In honor of that sacred day, Inman has rounded up some of the best real estate and Star Wars crossover-themed memes of the year
How an appraisal gap guarantee can help you land a house
In the current real estate market, buyers need to think outside the box to get a house they love. Here's how to head off issues with appraisals
by Bill Gassett May 2
HUD to 'punish' appraisers and lenders who discriminate
Shortly after the Biden administration announced its plan to end housing discrimination, HUD Secretary Marcia Fudge said the department is taking a more hardline approach to enforcement
by Marian McPherson Apr 22
Property tax hikes slowed last year even as home sale prices soared
The average property tax bill rose by 1.8 percent in 2021. That's the lowest increase in years, despite record home price growth, according to a new report from Attom Data Solutions
by Daniel Houston Apr 14
NAR tech accelerator accepts 8 residential real estate startups
Perchwell, Fractional, Inspectify, Courted, Place, Reggora, Revive and Courted to get education, mentorship and networking opportunities in exchange for marketing fee and small equity stake
How to avoid being ambushed by a low appraisal
Dealing with low appraisals takes skill and creativity. Do your best to make sure the appraisal comes in at the current purchase price and if not, be prepared to implement these strategies
by Bernice Ross Mar 30
Judge allows sale of troubled mega-mansion, concluding 10-year saga
Approved by a bankruptcy judge Monday, the $126M sales price for 'The One' caps a decade-long saga of construction delays and price overruns. Approval came over objections from creditors
by Taylor Anderson Mar 22
TikTok or door-knock? 3 brokers on how agents can win big this spring
Corcoran affiliates Jason Karadus, Liane Jamason and Marilyn Carson share how old-school prospecting and high-level service are winning the day in a topsy-turvy market
by Marian McPherson Mar 17
Appraisal ethics rule under review after federal scrutiny
The ethics rule in question, which some regulators argue doesn't clearly state that housing discrimination against protected classes is illegal, was contested by 8 federal agencies
by Andrea V. Brambila Mar 11
Facade Flags Justice Department Building Washington DC
Janette Miller of Miller & Perotti Real Estate Appraisals in California argues that the Fair Housing Act doesn't apply to appraisers, but a federal regulator disagreed this week
by Andrea V. Brambila Feb 16
Pros and cons of a cash deal on a home purchase or sale
While cash may be king in some markets, closing with greenbacks may not always be the best option for homebuyers or sellers
by Jenny Usaj Feb 9