This week we have 2 clients that purchased homes get appraisal "waivers." Why would this happen? Should I waive my appraisal as the buyer? An appraisal waiver is when the lender reviews the contract, down payment, buyers credit score, and based on the figures concludes that the homes sale price is appropriate. Just because a lender waives the appraisal, this does Continue Reading
appraisals
LV Real Estate Radio Has A New Show Coming Up At 11 AM!
LV REAL ESTATE RADIO HAS A NEW SHOW COMING UP AT 11 AM! This week's new LV Real Estate Radio show is going to have you on the edge of your seat! Harvey is joined this week by TWO lenders! RateWise Mortgage's Kari Phillips and CrossCountry Mortgage's John Ingram join him today. First, Harvey brings in an interesting article about a party house in the northwest section of the valley. There have Continue Reading
Getting A Home Appraisal: What You Need to Know
GETTING A HOME APPRAISAL: WHAT YOU NEED TO KNOW Have you ever watched "Antiques Roadshow?" If you haven't, it's a show on public television where people bring items down to the Roadshow. People who value art, furniture, and other items are there. These people take a look at the items brought in, and give that item a value of what it's worth: an appraisal. Home appraisals work in a Continue Reading
RERNLV Has An ALL-NEW Show TODAY AT 11 AM! Check It!
RERNLV HAS AN ALL-NEW SHOW TODAY AT 11 AM! CHECK IT! Harvey and his contributors are bringing you an ALL-NEW RERNLV at 11 AM on AM720 KDWN! This one is going to be a doozy! First up, Harvey welcomes Equity Title of Nevada president Tracy Ruccia to the show. She uses her appearance as a chance to discuss holding title. How is a title held when you're selling a home? How should you hold title Continue Reading
RERNLV Has A New Show Coming At 11 AM! Tune In!
RERNLV HAS A NEW SHOW COMING AT 11 AM! TUNE IN! We have a brand new edition of RERNLV coming at you at 11 AM! This week, we're joined by Kari Phillips from RateWise Mortgage and Blankfeld Group's John DiCarlo. Kari uses her appearance as a chance to discuss appraisals, how they are determined and her company's C.O.A. program. Then, John DiCarlo is welcomed to the show to discuss new homes, Continue Reading
Solar Energy’s Value Deciphered by Vance Randall
Harvey and Shelley love getting appraisers on the show. One man in such an occupation is Appraise LV Inc.'s Vance Randall. Vance is welcomed back to RERNLV in this clip. He takes his appearance as an opportunity to discuss solar energy. How much value does it add to your home? Does it add any value at all? Then, he discusses current market conditions and where appraisals stand as of now. As Continue Reading
Appraisals Are Vance Randall’s Specialty
Harvey and Shelley were glad to welcome AppraiseLV's Vance Randall to RERNLV in this clip. Vance took the opportunity to discuss how you can increase your home's value, just what FHA looks for during home appraisals, and how sales comparables tie in. As always, be sure to tune in each and EVERY Saturday at 11 AM to RERNLV on AM720 KDWN. Continue Reading
Kari Phillips & Rowe Nelson talk VA Loans & Appraisals
Our radio show on April 27th featured Kari Phillips and Rowe Nelson of Southern Fidelity Mortgage in one of our segment parts. In addition to Kari's wealth of information regarding VA Loan requirements and special incentives they are offering for Veterans in the month of May, Rowe added some great information on the appraisals and how it relates to the loan process. Some of the benefits of a VA Continue Reading
ANOTHER BIG NUMBER- AN ASKING PRICE THAT IS TOO HIGH!
My background prior to my 25 year real estate career was in the field of education. I was always going to be a teacher and got my degree in French from the University of Nevada, Reno. When I got into real estate in 1986, I was told teachers were generally successful in this field and it made sense to me. Buying or selling a house is an educational process. The terminology and the processes are Continue Reading
Wait…I have equity in my home?
A few weeks ago, our in house lender and I were chatting about the market and he asked me, "Do you have 20% equity in your house"? "If you do, you might be able to do a refinance and move your loan to conventional". It never crossed my mind that we might have equity in our home until he said that. I asked Harvey to run the comps for me and when he did, the numbers showed that we just might! We Continue Reading