article thumbnail

Tools To Support Appraisal Adjustments

Appraisal Today

What Tools Do You Use to Support Your Appraisal Adjustments? By McKissock As part of our monthly survey series, we asked our community of real estate appraisers, “What tool(s) do you use to support your appraisal adjustments?” Read on blog www.appraisaltoday.com/blog Posted by noon Friday.

Tools 64
article thumbnail

Overhauling the Appraisal Process

DataMaster

Replacing the old process with the new! Is it time to overhaul the appraisal process? By now, most appraisers have read the Request for Information (RFI) published by the Federal Housing Finance Agency (FHFA) on December 28, 2020. Appraisal Modernization. Many appraisers share Horn’s concerns.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Understanding The Reverse Mortgage Appraisal Process

AmeriMac

The significance of Reverse Mortgage Appraisal In the context of reverse mortgages, a crucial aspect is ensuring that the property’s value aligns with the loan terms, making the reverse mortgage appraisal process significant. This professional and attentive approach guarantees the accuracy and reliability of the appraisal.

article thumbnail

Attracting More Appraisal Business

Cleveland Appraisal Blog

START A BLOG. Starting a blog is not difficult. Blogs don’t have to be long. Talk about your experiences as an appraiser or what’s happening in your market. As appraisers, we know! You can also talk about what we do as appraisers, and how we perform our work. And it can help make us better appraisers.

Business 393
article thumbnail

3 Ways Agents Can Help Appraisers to Be More Accurate

Cleveland Appraisal Blog

If an agent includes the square footage of a finished basement in what they report as finished above-ground square footage, this can have a negative impact on the appraisal process. Typically, we use statistical tools to measure these differences. You can also listen right here at Cleveland Appraisal Blog!

Agents 374
article thumbnail

How Today’s Market Impacts the Appraisals and Inspections Landscape

Genworth MI Blog

If you can’t account for condition and location in your appraisal, then you won’t have a credible one. Q: How do automated valuation models (AVMs) come into play in the appraisal process? Foster : AVMs are a tool that can be used to see if potential comparable sales were overlooked. Subscribe now!

article thumbnail

Skepticism Can Lead to Poor Decisions

Cleveland Appraisal Blog

Keep skepticism in its place and do not allow it to influence you into taking shortcuts, thinking that it doesn’t matter, or looking down on the appraisal process because it is not perfect. Use skepticism as a tool for motivating us to do good investigative work and not as an excuse for cutting corners. Appraising in 2022!

Appraisal 221