3-reasons-why-appraisal-comes-low 
Boston Appraisal
NOVEMBER 6, 2020
If you decide to take advantage of these all-time low rates, your lender will most likely order an appraisal. What happens if the new appraisal is less than original one? Before you assume the appraiser made a mistake, let’s look at three reasons why a new appraisal could come in low.
Boston Appraisal
NOVEMBER 6, 2020
If you decide to take advantage of these all-time low rates, your lender will most likely order an appraisal. What happens if the new appraisal is less than original one? Before you assume the appraiser made a mistake, let’s look at three reasons why a new appraisal could come in low.
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Appraisal Buzz
OCTOBER 3, 2022
What should appraisers know before they sign the appraisal report and deliver their professional opinion of value? Many appraisers working in today’s marketplaces are about to find out how important this is. According to their public website, in June 2022, the supply of existing homes for sale would last 3 months.
Cleveland Appraisal Blog
OCTOBER 12, 2022
However, when it comes to a data source, I do find that Zillow offers great information for the public. When appraising a property, I usually look to see if there is any information on Zillow about the property I am appraising. They inquire as to why I didn’t use them. I welcome these kinds of questions.
Housing Wire
OCTOBER 1, 2022
The median days on market is just 16 days — a slight increase from the record low seen in the last two months of 14 days. There had been nearly one-third of buyers who waived an inspection or appraisal contingency, but the last month it fell to just over 20% for both. In comparison, in 2011, homes took 96 days to sell. .
Birmingham Appraisal
SEPTEMBER 26, 2023
On the other hand, the value that is reflected in most appraisals is a value that reflects what the majority of other market participants are willing to pay. After all, that is why we use comps, to see what other similarly motivated buyers are paying for comparable properties not what one or two people will pay.
Appraisal Buzz
MAY 2, 2022
These are a few ways it will affect real estate in the coming months. It’s why people are chasing more affordable houses in rural areas, but that type of move isn’t possible in places where people can’t commute due to crumbling infrastructure. appeared first on Appraisal Buzz. Construction Sites Will Stay on Schedule.
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