by Jeff Sorg | Oct 2, 2018 | Real Estate, Mortgage
Where a second appraisal is required, lenders must use the lower value of the two appraisals. By Jeff Sorg, OnlineEd Blog (October 2, 2018) (WASHINGTON) HUD – The Federal Housing Administration (FHA) announced that it will begin requiring lenders originating...
by Jeff Sorg | Sep 20, 2016 | Contractor, Mortgage, Real Estate
The trend of owners overestimating their home’s value when refinancing continued in August By Jeff Sorg, OnlineEd Blog (September 20, 2016) – According to a recent report by Quicken Loans, appraisals across the country were an average of 1.56 percent lower than...
by Jeff Sorg | Apr 12, 2016 | Mortgage, Real Estate
Nationally, appraised values were 2.17% lower than homeowner expectations By Jeff Sorg, OnlineEd Blog (April 12, 2016) – Quicken Loans, the nation’s second largest retail mortgage lender, today announced home values, as determined by appraisers, were an average...
by Jeff Sorg | Dec 15, 2015 | Mortgage, Real Estate
Sellers select for-sale and recently sold homes that best match theirs to arrive at the customized value estimate By Jeff Sorg, OnlineEd Blog (December 15, 2015) – Zillow® has announced its release of Price This Home, a new tool that enables home sellers to...