Mortgage Appraisal Certification
Commercial Real Estate as a career….advice please!?
Located in Florida now.
After hours of reading, it seems the more certifications/licenses you have the better (as opposed to working your way up)
Step 1 is attaining the following:
- Florida Real Estate License
- Florida Real Estate Appraisal License
- Florida Real Estate Brokers License (Don’t really see the point of this one)
- CCIM Designation
- (someone even mentioned a mortgage brokers license)
And obviously in between read as much as I can on the field.
After attaining these licenses, do I simply apply to work for a company?
Should I try to get a job as soon as I get my basic license and get the others on the side over time, or is it best to get ALL of them ASAP and hit the ground running?
Any advice here? I really want to make this happen, but it’s a bit cloudy at this point and I would really appreciate some help.
If you are going to be a real estate agent then work your way into a real estate broker if you want to own your own real estate office, then that is the career you should go into.
If you decide to go into the lending career, become and expert in lending, you need a sales license followed by a loan broker’s license if you decide to open your own mortgage company.
If you want to get into commercial real estate then by all means you should get that designation, but if not what use would it be to you?
There are a few real estate companies that have a duel agency where you can sell a house as well as be the loan officer and obtain the mortgage loan.
I personally do not recommend this type of agency as too many things can happen and none are good when you handle the entire transaction.
But this is an option no matter my opinion.
You need to establish yourself as an expert in a certain career field, not go around and collecting licenses. They do not pay your bills.
What they do is require you to attend many classes for continuing education because you need to have so many classroom hours to keep each license, therefore in order to get them renewed you would have to have proof that you have the correct continued education
There are many designations that you might get just keeping your real estate sales license. You will learn them as you go down the career field in which you decide to follow.
I see more people attending classes than they are doing the jobs they want. The reason is they are sitting in classrooms or in front of a computer getting those requirements out of the way.
If you get all those license the only thing you will be running to are classes to maintain them in continued education.
If you have an appraisal license, you could not do the appraisal for a house you were selling or have a buyer for as that would be a conflict of interest.
Once a person has obtained a real estate license he can work under the direction of a real estate broker, learning the trade of the game as well as networking, getting to be known.
Now after being in real estate or the mortgage field for awhile then you might consider going into the other side.
I hope this has been of some use to you, good luck.
“FIGHT ON”
Mortgage Credit Certificate
Lincoln Appraisal & Settlement Services Receives AMC Certification in Arkansas and Nevada
Proving their dedication to providing high quality appraisal management services, one of the nation’s leading Appraisal Management Companies, Lincoln Appraisal & Settlement Services, is certified to provide appraisal management services in both Arkansas and Nevada.
The above mentioned are the basic requirements in order to qualify for a home loan. Secondly, I was interested to know how big a home loan I could get considering Mortgage Appraisal Certification. As soon as I knew how much, I could start searching for a house.
Mortgage Appraisal Certification
tried to buy a home in December at closing the deal fell thru. How do I get back the money for inspections?
As I went to pick up my closing check my agent called to tell me the deal fell thru from the seller who owed $63,000 in back taxes and 2nd mortgages. I loved this house and fully intended to buy the house. I paid $855.00 for: the home inspection, a heater certification, and appraisal.
My agent asked the sellers agent for my money back they declined it. I did get my earnst money back but feel I am entiled to the inspection, certification and appraisal expenses.
One week later, after I found another home, the seller for property (1) called an offered it to me again. I told them we were done.
you can try to file a lis pendens (lawsuit) with the court. such recording informs public that there is potential claim against the property, which makes the seller hard to sell the house. the seller’s agent and seller should then try to settle with you by reimbursing the cost incurred for the fell through transaction.