Search Results: keywords:"property appraisal"

  • S. 4340 — To provide for accurate energy appraisals in connection with residential mortgage loans, and for other purposes.
    Status:Introduced in Senate
    Words:1,762

    S. 4340 aims to ensure accurate energy appraisals are considered when assessing residential mortgage loans in the United States. It mandates that lenders provide borrowers with energy-related information about their properties as part of the appraisal process, potentially...

    Simple Explanation

    S. 4340 is a bill that wants to add information about how energy-efficient a home is when people are figuring out how much a house is worth for a loan. This means they need to consider things like solar panels and good insulation, which might help people get a better loan deal if they have these features in their home.

  • S. 5595 — To amend the Act of June 22, 1948.
    Status:Considered and Passed Senate
    Words:195

    S. 5595 amends the Act of June 22, 1948, known as the "Thye-Blatnik Act." The bill focuses on updating the method for appraising the value of certain properties. It specifies that properties should be appraised at the highest fair value, including their historical values, as...

    Simple Explanation

    The bill wants to change an old law to make sure the value of some special lands is checked in a special way so they’re worth as much as possible, considering both what they’re worth now and what they were worth before. However, it’s a bit tricky because the person who decides their value has a lot of freedom to choose how much they think it should be.

  • H. R. 10101 — To authorize the conveyance of a certain Federal courthouse to the City of Huntsville, Alabama.
    Status:Introduced in House
    Words:406

    H. R. 10101, known as the "Huntsville Federal Courthouse Conveyance Act," proposes that the United States government transfer ownership of a federal courthouse located at 101 E. Holmes Avenue, Huntsville, Alabama, to the City of Huntsville. The bill requires that this...

    Simple Explanation

    The bill says that the U.S. government wants to give a big building in Huntsville, Alabama, to the city itself, as long as the city pays for it or swaps it with something else of the same value, and handles all the costs of moving the building to them.