Allen Ottoson Real Estate Appraiser

09/03/2024

According to the Appraisal Regulation Compliance Council, the median average AMC fee charged to borrowers was 65% of the appraisal fee.

07/09/2023

https://news.yahoo.com/alone-empty-house-female-real-144532601.html?soc_src=social-sh&soc_trk=ma

Sara Ghodsi sold auto parts before moving to San Diego and becoming a real estate agent. She didn’t have to sit in an office all day, made a good income and had the freedom to work on her own schedule, all of which she enjoyed. But Ghodsi also understood it was a very competitive field as the numb...

05/25/2023

https://www.axios.com/newsletters/axios-markets-d8118232-fdbf-47ae-8719-0303c82b3d01.html?chunk=0&utm_term=emshare

Stay on top of the latest market trends and economic insights

03/03/2023

Fannie Mae updated its Selling Guide on Wednesday to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” Those options include value acceptance (formerly appraisal waivers), value acceptance plus property data, and hybrid appraisals.

I find it funny the use of the term default. The appraisal method is not obsolete the method of selecting appraisers is the problem. Let the market decide who gets an appraisal order and what type of appraisal they need.

03/03/2023

https://homebay.com/tips/11-things-appraisers-evaluate-to-determine-home-value/

Whether you're buying, selling, or refinancing, learn what home appraisers will look for.

03/03/2023

https://www.cnn.com/2023/03/01/homes/mortgage-applications-march-1/index.html

Applications for a mortgage fell for the third week in a row and now sit at a 28-year low for the second-straight week, according to data released Wednesday.

10/19/2022

https://www.nar.realtor/magazine/real-estate-news/commentary/why-appraisers-say-we-have-targets-on-our-backs

How professionals are managing the biggest obstacles to the home valuation process.

09/18/2022

https://www.yahoo.com/money/refinance-homeowners-mortgage-205156602.html

The rate on the 30-year fixed mortgage hit 6.02% this week, according to Freddie Mac.

08/15/2022

Several factors contribute to higher gas prices here in California.

07/26/2022

A look back, what are your thoughts?

Unlike the Great Recession, stakeholders got it mostly right this time.

06/20/2022

Trusts can accomplish many goals for estate planning, avoiding probate and maintaining privacy. However, there are laws to be followed in administering the trusts, and interests to look out for.