WEST BOCA HOMES FOR SALE: NEW APPRAISAL GUIDELINES FROM FEDERAL RESERVE

Sunday, December 12, 2010

NEW APPRAISAL GUIDELINES FROM FEDERAL RESERVE

A joint version of property appraisal guidelines was released 12-6-2010 by the Federal Reserve, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corp., the Office of Thrift Supervision and the National Credit Union Administration. It is expected that this will be the final version.

Appraisal independence is cited, with lenders exchanging information with appraisers, but not being able to “directly or indirectly coerce, influence, or otherwise encourage an appraiser or a person who performs an evaluation to misstate or misrepresent the value of the property.” Lenders cannot tell appraiser of any expected or qualifying estimate of value, nor mention a minimum value requirement for approval or condition of the valuation being ordered. Lenders can’t tie compensation to appraiser to loan approval, nor blacklist an appraiser if valuations do not meet expected thresholds.

BPOs (broker price opinions) do NOT comply with minimum appraisal standards.

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A NEW THOUGHT?

It's early morning, you just had coffee. Step onto the patio and swim for a half hour. Then sit in the sun a while.

Head over to the beach and ocean, and sit and watch the waves and boats go by. Then to Max's Grille in Mizner Park to meet friends for lunch. Afterwards,walk along and stop to shop in your favorite boutique. Check out the exibits at the Boca Museum.

Come home to a wonderful dinner that you will cook poolside, with friends over to swim and enjoy.

A GREAT LIFESTYLE! To check out properties call Marilyn at 561-302-3388 or email marilynfjacobs@gmail.com.

UNDER CONTRACT IN 17 DAYS in LINTON WOODS, 2/2, furnished, updated, walk to beach, dine, shop

http://animoto.com/play/BMvGdZddAwf5nl1NLPwg0A I recently listed this fully updated turnkey condo in a very up and coming Delray Beach location. It was under contract after 17 days, with multiple offers. The previous sale, the year before, had been 25% lower. My client wrote this recommendation. "This letter serves to recommend Marilyn Jacobs for her dedication, sales knowledge and her communication, along with her people skills, which are excellent. She has some very innovative ideas for selling and listing real estate. She is very skilled at sales, great at managing her time and incredibly organized. She is persistent without being annoying, and above all she gets results. She has proven herself to be an honest, hard-working woman who loves the business of being a Realtor . I trust her. She is genuine and convincing as a sales person . Her management style is such that she is very well-liked by all she comes in contact with, yet she is amazingly effective. It was always a pleasure to work with her. She is a friendly, high-energy individual with a great sense of humor. When it comes to real estate sales, Marilyn is a rare breed. She's bright and persuasive, but she's also a class act both personally and professionally. She gets behind what she believes in. If you're looking for someone to sell or find you a home or a condo she's the one for you. She will get you the results you are looking for."

MARILYN HANDLES LISTINGS, SALES AND RENTALS

Email marilynfjacobs@gmail.com or text 561-302-3388, let her know price range, # bedrooms, location (city, ocean/countryclub/active adult/ inland house condo or townhouse) and move in date. Tell your friends to call Marilyn - MARILYN KNOWS THE WATERFRONT AND COUNTRY CLUBS.... NOW IS THE TIME FOR YOU, YOUR FAMILY AND FRIENDS TO BUY A PIECE OF THE AMERICAN DREAM, 2ND HOME, VACATION HOME OR PERMANENT RESIDENCE. Call Marilyn and she will find THE HOME OF YOUR DREAMS. Realtor MARILYN JACOBS is licensed with Heath & Joseph Real Estate.

West Boca has wonderful family communities such as Mission Bay, Boca Isles, Boca Woods, Boca Greens, Boca Chase... and Marilyn can find you the "home of your dreams" from seasoned to new communities, from move-in-ready to fixer up properties.

Be aware that inventories are low and with the most visitors ever this year to Palm Beach County, properties are flying off the market. If you see a property that "fits"your criteria, look at it closely and make your offer or it may be under contract by another buyer the following week.

If you are looking for a mortgage, Marilyn's clients are using a seasoned, top-drawer mortgage broker with 39 years of experience. We can supply an appraiser, inspector and other vendors. Rely on Marilyn's team!

SOLD: Stunning builders model in Polo Trace, gated golfing community with NO EQUITY, NO DUES

SOLD: LAKE VIEW from your 2nd Floor Elevator Condo in Cypress Isle, Polo Club

4 bedrooms, 2 1/2 baths in spacious condo of 2600+ sq ft. 24'x15' living room off light and bright patio, master bedroom has view of lake from bed. Formal dining room has trey ceiling and chair rail. Eat-in-kitchen. Utility room includes sink and many cabinets. Stairs have plush carpeting and wood handrail. 2 bedrooms for guests share a bathroom. Pretty powder room has nice floral wallpaper and Sheryl Wagner-like sink. Mandatory Dues & Fees. MARILYN KNOWS POLO and will find you THE HOME OF YOUR DREAMS in Palm Beach County! 561-302-3388

MARILYNS SIX LISTINGS.... LOOK HOW FASSSST THEY SOLD!

POLO CLUB HOUSE: under contract same day listed. DELRAY BEACH TOWNHOUSE: under contarct in 14 days. POLO CLUB TOWNHOUSE AND CONDO: sold in 21 days. POL CLUB HOUSE: on market one year with another realtor, Marilyn had it under contract in 90 days. TWO PROPERTIES, A BOCA TOWNHOUSE AND DELRAY BEACH HOUSE: sold over the internet. BUYER FROM OUT-Of-TOWN was shown 7 houses first day out looking, and immediately bought one. Click on SOLD SIGN to see testimonials. See URL below and copy so you can return to this blog.