Sentences with phrase «estate appraisals require»

Not exact matches

The money is required to pay real estate lawyers and appraisal among other professionals needed to process the loan.

The money charged is used to pay real estate lawyers, broker staff and appraisal among other professionals required in processing the mortgage.

The money is meant for paying real estate lawyers, appraisal, broker's and lender's staff among other experts required in arranging a mortgage.

The money is required upfront to pay real estate lawyers, appraisal, and other professionals needed to set up the mortgage.

«Certified appraisals are required for loans greater than $ 250,000 secured by commercial real estate.

In parts of the country that still have depressed real estate values, a streamline loan may be your only option for refinancing because lenders don't have to require an appraisal.

Non-cash items, such as real estate, vehicles, art work and jewelry, often require professional appraisals.

(Sec. 299A) Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to require standards for the performance of real estate appraisals in connection with federally related transactions to include a standard that requires, in determining the value of a property, consideration of any renewable energy sources for, or energy efficiency or energy - conserving improvements or features of, the property.

Normally, making this calculation requires a paid real estate appraisal or a real estate agent can prepare a market analysis for free.

If you own real estate and your divorce is contested, the court will probably require an appraisal to set the property's value.

When a couple has retirement benefits, real estate holdings or business assets, the court or the parties» attorneys may require appraisals and careful assessment of holdings.

The agencies are working on a plan to raise the Federally Related Transaction threshold for requiring appraisals on commercial real estate loans to $ 400,000 from the current $ 250,000.

Whilst I worked as a real estate appraiser, I had my boss's electronic signature downloaded onto my site in order to expedite the release of appraisal documents which required dual signatures when said boss was otherwise busy.

Requires lenders, brokers, appraisal management companies (AMCs) and others involved in real estate transactions to report any appraiser who is believed to be violating appraisal standards under the Uniform Standards of Professional Appraisal Practice (USPAP).

The US Government Accountability Office (GAO) released their report on real estate appraisals «Appraisal Subcommittee Needs to Improve Monitoring Procedures» as required per Dodd - Frank.

Appraisers: Property appraisals performed by qualified appraisers are often required for financing, estate planning, divorce settlements, asset division and other purposes.

For example, some relocation companies require appraisals, as do executors of estates, trustees in bankruptcy and court officers, prior to disposing of property.

Now grade twelve is rightfully required) This includes: mutual funds license; life insurance license, steamfitter license; real estate appraisal AIC courses (I quit the business three months shy of attaining my CRA — too much corruption within that bunch for me); university degree: major politics, minor psychology; and of course, the almighty real estate salesperson license.

Appraisals are most often used to value collateral in a real estate transaction and are required for most federally - regulated transactions above $ 250,000.

More than 80 percent of bank appraisers think reducing the number of loans requiring an appraisal could increase risk to borrowers, according to a survey of its professionals released this week by the nation's largest professional association of real estate appraisers.

ESTATE LIQUIDATION The loss of a loved one is a difficult time in life and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the residential property involved.

Since the debtor's real estate holdings are, oftentimes, their largest asset a real estate appraisal is required.»

(Recommend BUSI 100, 101, 121; note that BUSI 121 is not required for AIC's CRA designation)[WTI, WTII, STI] BUSI 331 (3) Real Estate Investment Analysis and Advanced Income Appraisal Valuation techniques for income real estate, including income method of appraisal, tax consequences of real property ownership, and portfolio analysis methodEstate Investment Analysis and Advanced Income Appraisal Valuation techniques for income real estate, including income method of appraisal, tax consequences of real property ownership, and portfolio analysis methodestate, including income method of appraisal, tax consequences of real property ownership, and portfolio analysis methodology.

I understand and agree that as Designated REALTOR ® of the above - named real estate office or appraisal office, I am fully responsible for all dues and fees for services that I request and receive prior to completing the Association's required membership application process.

application, be associated either as an employee or as an independent contractor with a Designated REALTOR ® Member of the Association or a Designated REALTOR ® Member of another Association (if a secondary member) and must maintain a current, valid real estate broker's or salesperson's license or be licensed or certified by an appropriate state regulatory agency to engage in the appraisal of real property, shall complete a course of instruction covering the Bylaws and Rules and Regulations of the Association, the Bylaws of the State Association, and the Constitution and Bylaws and Code of Ethics of the NATIONAL ASSOCIATION OF REALTORS ®, and shall pass such reasonable and nondiscriminatory written examinations thereon as may be required by the Membership Committee and shall agree in writing that if elected to membership he / she will abide by such Constitution, Bylaws, Rules and Regulations, and Code of Ethics.

A financial institution may also go beyond the requirements of the agencies» regulations to require an appraisal in certain instances (e.g., when the institution's portfolio risk increases, on higher - risk real estate - related financial transactions, etc.).

«For commercial real estate transactions with a value at or below the proposed threshold, the amended rule would require institutions to obtain an evaluation of the real property collateral that is consistent with safe and sound banking practices if the institution does not obtain an appraisal by a state certified or licensed appraiser.»

B. Individuals who are actively engaged in the real estate profession other than as sole proprietors, partners, corporate officers, or branch office managers, in order to qualify for REALTOR ® Membership, shall at the time of application, be associated either as an employee or as an independent contractor with a Designated REALTOR ® Member of the Association or a Designated REALTOR ® Member of another Association (if a Secondary Member) and maintain a current, valid Florida real estate broker's or salesperson's license or be licensed, registered, or certified by an appropriate state regulatory agency to engage in the appraisal of real property, shall complete, within sixty (60) days of making application, a course of instruction covering the Bylaws and Rules and Regulations of the Association, the Bylaws of the State Association, and the Constitution and Bylaws and Code of Ethics of the NATIONAL ASSOCIATION OF REALTORS ®, shall pass such reasonable and nondiscriminatory written examination thereon as may be required by the Board of Directors, and shall agree in writing or by electronic agreement that if elected to membership they will abide by the Code of Ethics of the NATIONAL ASSOCIATION OF REALTORS ®, and by the Constitution, Bylaws, and Rules and Regulations of the local Board, State Association, and the National Association.

The Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency agencies are jointly issuing a notice of proposed rulemaking to raise the threshold requiring commercial real estate appraisals from $ 250,000 to $ 400,000.

Because many states, federal agencies and financial institutions require the assignment of a portion of appraisal work to qualifying minorities, women and persons with disabilities (and / or minority - and women - owned businesses), the Appraisal Institute's Diversity Committee has compiled this Directory of Minority and Women Real Estate Appraisers.

Numerous real estate agents responding to the HousingPulse survey indicated that prices would be increasing more rapidly, except that appraisal standards require comparables from distressed properties.

Fee - based appraisal services that are provided in relation to a trade in real estate are activities that require licensing if they include advising on the appropriate price for real estate, or making representations about the real estate.

(1) Title XI provides protection for federal financial and public policy interests in real estate related transactions by requiring real estate appraisals used in connection with federally related transactions to be performed in writing, in accordance with uniform standards, by appraisers whose competency has been demonstrated and whose professional conduct will be subject to effective supervision.