Hi Everyone,
Here are some links that will be mentioned in class today.
Here’s a link to the BPO-R website.
Here’s the definition of a BPO….from our WA State Licensing Law.
Here’s the article that explains the mortgage market share, showing 96.5% of all loans made today are somehow supported by the federal government.
Here’s that Seattle Times story about appraisals over-valuing real estate.
Here’s the link to the Graph Gallery. The menu is across the top. Click on “Delinquencies.”
there was a suggestion to use the Marshall and Swift book to get some help with how to adjust comparable sales.
There was a comment about shrinking inventory…Here’s an article that shows the seasonality of declining inventory this time of year and how it looks like our home values are also going down along with inventory. Interesting graphs.
Here’s the Trend Graphix website.
Here’s a link to the Northwest Trustee Services website to get a gauge on how many home are scheduled for auction each week in WA state counties.
And here are the photos of the listing that contained an S&M Dungeon that everyone was curious about (BTW, property is located in Grayland, WA.) Other detrimental listing photos can be found here.
Here’s the BPO Standards and Guidelines website that will help you understand how to make adjustments to your comps.