appraisals: Pay It Forward ~ Our Spreadsheets scored a lower tax appraisal for a resident in Canyon Creek - 06/22/11 05:22 PM
Every year we make sure we have a spreadsheet compiled of all sold properties in our Canyon Creek community for the previous year and the first half of the current year. We do this to help our neighbors fight their estimated property tax appraisal which is sent out in April of each year. We can petition to protest as long as it's lodged by May 31st of the current year. We had the nicest call from a resident who utilized our spreadsheet to fight his property tax value and he was able to lower his property value at his hearing last week! … (8 comments)
appraisals: Paying it Forward~Pictures can be worth a thousand words - 04/08/11 09:16 PM
One of my listings is under contract and right before closing will be sold to the relocation company and then sold to the buyer. Everything has gone along well, buyer did inspections and the house appraised. Seller agreed to minor repairs and is moving out quickly as the buyer is very pregnant and needs to move from across country before this darling little one comes along!The house went under contract fairly quickly so the relocation company just got their inspection report on inspections they conducted on the home. Of course the buyer was to review, initial and sign they had seen the inspection reports which they … (17 comments)
FHA has delayed implementation of the new appraisal rules until February 15, 2010!
In case you missed the implementation of FHA cases as of January 1, 2010 see below a brief summary of rules delayed: * The appraisal validity period is reduced to four months for all property types. Previously, appraisals were valid for six months on existing properties and up to 12 months on new construction. *Appraisal portability. When a customer switches from one lender to the other, the first lender must transfer the appraisal to the second lender at the customer's request to prevent delays in … (6 comments)
Marie Funston with Coldwell Banker Mortgage always keeps us updated on changes in the lending industry (which this past year has been numerous). For further information you can reach her at 512-750-7270 or marie@austinmortgageadvisor.com. Her latest advisory is about the new FHA Requirements being implemented as of January 1,2010: Effective for FHA case numbers issue as of January 1, 2010, there are new requirements for FHA case numbers affecting all lenders originating FHA-insured mortgages: The new FHA requirements are in line with the Home Valuation Code of Conduct (HVCC), which became effective May 1, 2009, on conventional loans. Here … (2 comments)
Wednesday morning Alamo Title sponsored a Builder Lender Forum lead by Mark Sprague with Residential Strategies. I was one of 4 Realtors to participate representing the realtor community. What an eye opener! Under discussion were several hot topics. One issue the Home Valuation Code of Conduct (HVCC) was highly debated. Of course everyone agreed there is room for improvement in the way pressure is applied to appraisers to make value on a property. However, the consensus felt the new code is not proving to hold protection for the homebuyers, mortgage investors and the housing market. In fact it is … (8 comments)
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Dorie Dillard Realtor® Canyon Creek NW Austin TX homes for sale
Welcome to my ActiveRain real estate blog and profile. I'm a Realtor with Coldwell Banker United and specialize in NW Austin. Once a school teacher I still like the learning process. Only now I enjoy learning what dreams my clients have and what I can do to help them.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
Every year we make sure we have a spreadsheet compiled of all sold properties in our Canyon Creek community for the previous year and the first half of the current year. We do this to help our neighbors fight their estimated property tax appraisal which is sent out in April of each year. We can petition to protest as long as it's lodged by May 31st of the current year. We had the nicest call from a resident who utilized our spreadsheet to fight his property tax value and he was able to lower his property value at his hearing last week! … (8 comments)
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