We’ve all heard the old mantra that real estate is all about “location, location, location.” Let’s take a look at what location is, and how it fits into appraising. What is location? The Dictionary of Real Estate Appraisal 6th Edition defines location as: “The…
When real estate agents provide relevant comparable sales to appraisers, it certainly benefits both parties. Agents can ensure that appraisers are reviewing comparables that match their properties and, hopefully, meet the seller’s desired price. Additionally, while appraisers still must verify the information, it can…
In 2018, Fannie Mae launched its MH Advantage® program to help ease the nation’s affordable housing shortage by providing financing on modern, high-quality manufactured homes. This loan program combines features, like a low down payment, with the lower price and customizable finishes of modern…
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