The Appraisal Blog

October 21st, 2019 8:05 AM
Changes coming to the backend of the VA appraisal management process.  Will this streamline things or be the end of the VA Fee Panel as we know it?



https://www.housingwire.com/articles/50202-va-picks-veros-to-provide-appraisal-management-services-for-va-loans/

Posted in:Appraisal, Lending and tagged: #VA#Appraisal
Posted by Robert S. Abbott on October 21st, 2019 8:05 AMLeave a Comment

Subscribe to this blog
October 14th, 2019 9:04 AM
Alternative valuation products have been around for as long as I have been appraising ... 20 years.  But they are just now becoming more accepted in the lending world.  The long term impact of these products is yet to be seen ...



https://www.housingwire.com/articles/50143-expert-alternative-valuations-could-drive-up-consumer-costs/?fbclid=IwAR1B98z7Oo154l0QPM5AmYzRkDcajbF9WlV7BduFkiWvngR_8zSaUBlaGxg


Posted by Robert S. Abbott on October 14th, 2019 9:04 AMLeave a Comment

Subscribe to this blog
October 7th, 2019 7:38 AM
I've looked at at this house in MLS and from Google Maps for a while... amazed at its location and unique design.  And now it has a new owner... a rather famous one.  Check it out... 



https://www.kusi.com/alicia-keys-and-husband-swizz-beatz-revealed-as-buyer-of-la-jolla-mansion/

Posted by Robert S. Abbott on October 7th, 2019 7:38 AMLeave a Comment

Subscribe to this blog
September 30th, 2019 6:32 PM
The FDIC recently raised the threshold for appraisal for residential loans from $250,000 to $400,000.  Although this may not impact a lot of loans here in San Diego, this could have significant impacts across the nation where property values are not as high.



http://www.appraisalfoundation.org/iMIS/TAF/TAF_Condemns_Deminimis.aspx

Posted by Robert S. Abbott on September 30th, 2019 6:32 PMLeave a Comment

Subscribe to this blog
September 23rd, 2019 8:18 AM
New homes are proposed for the north county in Escondido and will appear on an upcoming ballot.  Are you pro-growth?



https://timesofsandiego.com/politics/2019/07/26/chamber-unions-back-2135-home-newland-sierra-project-near-escondido/

Posted in:Development and tagged: #Development
Posted by Robert S. Abbott on September 23rd, 2019 8:18 AMLeave a Comment

Subscribe to this blog
September 9th, 2019 7:49 AM
Being situated downtown the San Diego International Airport has always been easy to get ... by car.  But there may soon be another option if the US Navy, the Port Authority and the City of San Diego can come to an agreement ...


https://www.sandiegouniontribune.com/business/tourism/story/2019-05-21/latest-proposals-for-bringing-transit-to-san-diego-airport-include-underground-people-mover-trolley-extension

Posted by Robert S. Abbott on September 9th, 2019 7:49 AMLeave a Comment

Subscribe to this blog
August 28th, 2019 8:12 AM
Seaport Village has always been and iconic destination in San Diego ... but it certainly doesn't have the draw today as it did it the past.  Old and underutilized the area seems like a prime candidate for redevelopment.  And I'm glad some people are thinking about it in broader terms than just putting another hotel on the site ... What do you think?

https://www.sandiegouniontribune.com/business/growth-development/story/2019-07-19/seaport-san-diego-tower-is-like-nothing-else-on-californias-coast-thats-the-problem



Posted by Robert S. Abbott on August 28th, 2019 8:12 AMLeave a Comment

Subscribe to this blog
August 18th, 2019 8:08 PM
I see a lot of homes.  Some are ... well ... not so nice.  And others ... absolutely amazing!!  Sometimes I even get to see them on the same day!  Really interesting to see the spectrum of wealth in the community.  The high end homes are always a bit more interesting!

This one is located in La Jolla Farms above Blacks Beach ... and can be your for the low low price of $12,800,000!

Enjoy!



https://www.sandiegoreader.com/news/2019/jul/04/unreal-building-bluffs-blacks-beach/#

The link to the property on Realtor.com ...
https://www.realtor.com/realestateandhomes-detail/9811-Black-Gold-Rd_La-Jolla_CA_92037_M22251-44156





Posted by Robert S. Abbott on August 18th, 2019 8:08 PMLeave a Comment

Subscribe to this blog
July 29th, 2019 7:41 AM
I've been on the VA fee panel for almost 10 years now and pride myself on being able to help veterans refinance their existing mortgages or get fair prices on their new home purchase.  Changes to the VA program will now allow veterans to by more house without an increased down payment!  Thank you for your service!

https://www.military.com/money/va-loans/new-law-allows-you-get-bigger-va-home-loan-without-down-payment.html

Posted in:Lending and tagged: #VA#Lending
Posted by Robert S. Abbott on July 29th, 2019 7:41 AMLeave a Comment

Subscribe to this blog
July 20th, 2019 4:36 PM
I remember seeing Joe Satriani at the California theater way back in 1990!  It is a shame it has fallen into such disrepair ... but glad to hear it will be given new life!

https://www.kpbs.org/news/2019/jun/18/california-theatre-become-massive-condo-tower-some/


Posted by Robert S. Abbott on July 20th, 2019 4:36 PMLeave a Comment

Subscribe to this blog