Sacramento Appraisal Blog

Market trends and real estate appraisals for divorce, estate settlement, loans, property tax appeal, pre-listing and more. We cover Sacramento, Placer and Yolo County. We're professional, courteous and timely.

Have you read Fannie Mae’s FAQ on the Home Valuation Code of Conduct (HVCC)?

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fannie-mae-hvcc-faqSince the Home Valuation Code of Conduct (HVCC) went into effect on May 1, 2009, there has been quite a bit of confusion over who can now talk with appraisers. I won’t re-hash the entire gist here since I have posted previously about the subject, but I did want to post a link to Fannie Mae’s HVCC FAQ in case you have not seen it. This document may be helpful to home owners, loan officers, and real estate agents who are wondering about what type of communication is appropriate under HVCC (as well as other questions then answer).

Download Fannie Mae HVCC FAQ (PDF)

NOTE:  HVCC only impacts loans that are geared toward Fannie Mae or Freddie Mac. Appraisals for litigation, estate settlement, divorce, bankruptcy, and FHA, among other purposes, are NOT impacted at all by HVCC. In effect this means an appraiser like myself can regularly and ethically communicate with many clients during the normative course of the business day because HVCC only applies to certain facets of loan work.

www.SacramentoAppraisalBlog.com Have you read Fannie Mae’s FAQ on the Home Valuation Code of Conduct (HVCC)?

City of Foslom Market Trends: Sales, Pendings & Listings (July to October 2009)

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What’s been happening in Folsom’s real estate market lately? Here is a scatter graph depicting the past 90 days of sales (green), actives (pink) and pendings (blue). What do you see? The information is based upon single family detached properties in Sacramento Metrolist as of 07/12/2009.

City of Folsom Sales Actives Pendings July to October 2009 Lundquist Appraisal Company

Just a quick post. Let me know if you have any questions or insight. Feel free to comment above, email at ryan@lundquistcompany.com or give me a call at 916-595-3735.

www.SacramentoAppraisalBlog.com City of Foslom Market Trends: Sales, Pendings & Listings (July to October 2009)

Anatolia Neighborhood in Rancho Cordova: Sales, Pendings and Listings over the past 90 Days

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What’s the latest in the “Anatolia” neighborhood in Rancho Cordova? How much are houses selling for, and what are properties currently listed for on the market? Here is a quick scatter graph based upon 07/12/09 – 10/12/09 for single family detached residential properties within the defined neighborhood boundaries for Anatolia (well, technically there are no attached units located in Anatolia, but for the casual reader, I wanted to make sure the scope of data was clarified). Please note that there are more listings and pendings on the market in Anatolia, but this graph displays only listings and pendings that came on the market after 07/12/09. The intention of the graph is to display data for what has actually ocurred in Anatolia over the past three months.

Anatolia Neighborhood Rancho Cordova Sales Actives Pendings 2009 Lundquist Appraisal Company

I know, I know, the following sounds like a shameless plug, but this is very important information to understand. As an FYI, here is a video we made regarding lowering property taxes in Anatolia. We have been able to help Anatolia home owners over the past several months put together very thorough valuation reports to contest the level of their property taxes (the report is not a full appraisal OR near the cost of a full appraisal). Keep in mind that the deadline for disputing property taxes in Anatolia is 11/30/2009. 

 

Keep us posted if you have any questions. You are welcome to comment above, call 916-595-3735 or email ryan@lundquistcompany.com.

www.SacramentoAppraisalBlog.com Anatolia Neighborhood in Rancho Cordova: Sales, Pendings and Listings over the past 90 Days

Photos from the Field: Placerville

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I always enjoy appraising properties in Placerville, but this weekend was different because I took my wife to a local Bed & Breakfast called the Glen Morey Country House. We enjoyed a much needed time of relaxation where we intentionally did nothing more than have conversation, walk through Downtown Placerville, drink coffee, and read. Well, there was that one MLB playoff game we watched on TV on Friday night too. It’s so important to find time to get away from the hustle of business and raising kids.

If you have not been to Downtown Placerville, I’d encourage you to check it out. It’s an easy detour on the way to Apple Hill or South Lake Tahoe.

The photo below is of a coffee house we discovered called “Centro.” Not only was the java great, but I am such a big fan of architecture, and this building definitely was impressive in design.

Placerville Centro Lundquist Appraisal Company

Here are two photos of the Glen Morey Country House. This house was built 150 years ago in 1859. I was delighted with the era features of the home as well as the privacy and setting of the property. And of course, I really enjoyed the porch. Anyone who knows me well understands my high esteem for the role of the porch in a community. I wrote previously about the prominence of the porch HERE.

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No, I am not being paid to advertise any of the businesses above. I’m simply sharing some “Photos from the Field“. Usually this category includes images I snapped between appraisal inspections, but the ones here were simply about leisure.

www.SacramentoAppraisalBlog.com Photos from the Field: Placerville

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