When it comes to determining the market value of your residential or commercial property, bringing in a licensed appraiser is a given. But did you know there are many different types of appraiser licenses? Here’s what you need to know about the various levels of certification and what’s required to become professional real property appraiser. […]
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Fannie Mae and Freddie Mac, the two major government-sponsored players in mortgage lending, made headlines this past quarter as talk of a potential phase-out and an end to the FHFA conservatorship sparked questions and concerns for 2019. Conservatives Call for a Phase Out MarketWatch reported talk of phasing out both enterprises from the housing sector […]
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Does your loan applicant qualify for an extension of credit based on a strong cash flow or collateral that is not real estate-related? If the answer is yes, the abundance of caution exemption could apply. There is often an air of uncertainty surrounding appraisal exemptions in general, and financial institutions would be wise to err […]
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Plans to phase out LIBOR by 2021 mean regulators are looking to establish a replacement rate sooner rather than later. LIBOR, the London Interbank Offered Rate, is the benchmark interest rate at which banks lend funds to other banks in the international interbank market for short-term loans. The benchmark boasts more than $350 trillion of […]
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Property tax appeals can be complicated — but they don’t have to be. That’s why we created MountainSeed’s Commercial Property and Bank Branch Tax Appeal Business. If your yearly tax assessment seems high or if you’re looking to lower your property tax bill, our team of experts is standing by with a risk-free solution. For […]
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Growing concern about an impending real estate market crash continues to loom over 2019, leaving buyers and sellers hesitant and unsure. While some experts say that the recent decline is temporary, others anticipate that the market will continue to slow down through the end of the year. While no one can foresee the future, one […]
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If your commercial property tax assessment seems to increase year after year, or if your property tax bill is eating into your budget, it is time to consider filing an appeal. Appealing property taxes is a complicated process that involves a wealth of expertise, data, and documentation. Given that most banks and real estate owners […]
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While commercial appraisals are an integral part of assessing the value of a property, the appraisal process itself can be quite overwhelming — especially for those who haven’t gone through it before. According to the Appraisal Institute, commercial appraisals may be required for any number of reasons, including: to facilitate the transfer of ownership of […]
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Financial institutions are continually facing the same question: How can lenders attract better commercial borrowers? Studies show that several factors play a role in driving referral and repeat business, but one of the most important determinants is based on past experience with a lender; if a lender has at least one loan, they’ll be significantly […]
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Three takeaways: JPMorgan Chase has launched its own cryptocurrency, JPM coin. They are the first U.S. based Bank to successfully create and test a digital coin that can be used as a cryptocurrency. 157 banks are expected to accept the bank-backed cryptocurrency. JPMorgan Chase is committed to involving regulators in JMP bitcoin design and decisions. […]
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