Appraiserblogs

MARCH 12, 2021

The most weighted technique in most automated valuation programs comes down to one over-simplified formula, based on a guesstimation from an outside source that has no interest in the real estate system… Dear FHFA: Please accept the following comments in regard to Question A1.4.

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Training Valuation Appraisal Process Appraisal 147

Appraiserblogs

AUGUST 4, 2023

The entire concept of bifurcated appraisals represents a fundamental misunderstanding of the appraisal process. million armed robbery of a… Hybrid Assignments, the Consequences The concept of a third party providing one or more functions in an appraisal assignment is nothing new.

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Appraisal Inspection Appraisal Process Law 122

AmeriMac

NOVEMBER 15, 2023

If you are a lender or a borrower, you might be familiar with the valuation options available through Freddie Mac. It is a streamlined appraisal process designed to provide lenders and borrowers with a more efficient and cost-effective way of obtaining property valuations. How does ACE + PDR Function?

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Valuation Appraisal Appraisal Process Real Estate 36

Appraiserblogs

APRIL 18, 2024

Throughout the history of mortgage banking and lending in the United States, underwriting policies have significantly influenced the appraisal process for home purchases and refinances. Appraisers must follow underwriter appraisal review guidelines meticulously to ensure their appraisal reports are accepted by the lender.

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Modernization Appraisal Process Appraisal Finance 120

Appraiserblogs

SEPTEMBER 22, 2021

“Digitizing the entire appraisal process”… what does this even mean? … This is what Class Valuation appears to be doing to justify their actions. According to the article written by Richard Torne in Mortgage Professional America, Class Valuation has announced the acquisition of DataMaster. No more typing?

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Appraisal Valuation Appraisal Process Mortgage 103

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

In the Reconciliation section, appraisers must: • reconcile the reasonableness and reliability of each applicable approach to value, • reconcile the reasonableness and validity of the indicated values, • reconcile the reasonableness of available data, and • select and report the approach or approaches that were given the most weight.

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Development Appraisal Market Value Valuation 337

Appraiserblogs

SEPTEMBER 7, 2021

Dear HUD, recently, within the past year or so, you have been on a crusade to prove discrimination and racism in the appraisal process. Your actions haven’t gone unnoticed by many within the appraisal profession as well as outside it. appeared on Appraisers Blogs.

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Valuation Appraisal Process Appraisal Real Estate 112

Birmingham Appraisal

AUGUST 23, 2023

Understanding the Roles: Agents and Appraisers: Real estate agents bring their expertise in marketing and negotiations, while appraisers provide impartial and accurate property valuations. Navigating Complex Properties: In cases of unique or complex properties, agents and appraisers collaborate to ensure accurate valuations.

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Agents Appraisal Valuation Appraisal Process 82

AmeriMac

MARCH 15, 2024

Appraisal Management Companies (AMCs) play a crucial role in the real estate industry by providing independent appraisal services to lenders and other clients. While most people are familiar with the concept of an appraiser, many may not be aware of the important role that AMCs play in the appraisal process.

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Appraisal Appraisal Process Valuation Real Estate 36

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

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. You can also listen right here at Cleveland Appraisal Blog! I am a member of the National Association of Appraisers. www.anchor.fm/cash-appraiserstats.com.

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Agents Appraisal Renovations Development 374

Appraiserblogs

FEBRUARY 24, 2021

On January 4, 2021, the… FHFA to Screw Up Appraisals The FHFA is looking for comments on how they can better screw up the appraisal process. appeared on Appraisers Blogs.

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Appraisal Process Appraisal Valuation Finance 147

Cleveland Appraisal Blog

MARCH 4, 2021

We also develop the effective ages of comparable sales to derive a range of effective ages, which can help to further support our estimate of the effective age of the property we are appraising. You can also listen right here at Cleveland Appraisal Blog! I am a member of the National Association of Appraisers. www.anchor.fm/cash-appraiserstats.com.

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Appraisal Real Estate Real Estate Agent Loan Conditions 223

Appraiserblogs

AUGUST 15, 2023

So if you’ve got… The post The Unbiased Reality of Census Tract Data Dump… Open Letter to FHFA appeared on Appraisers Blogs.

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Appraisal Process Appraisal Valuation Finance 101

The Robert Weiler Company

SEPTEMBER 18, 2022

But first, it’s important to understand what is a land appraisal, how it is appraised, the real estate appraisal process, and what to expect. What is a Land Appraisal? Land appraisal is a process of assessing the land value and then developing an opinion of value. So, how is land appraised?

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Appraisal Valuation Real Estate Market Value 78

Boston Appraisal

OCTOBER 8, 2022

The appraiser obtains all relevant property characteristics and data such as measurements, room counts, condition, and quality, and utilizes this information in the report. This process has been the foundation of the appraisal process. What Are Hybrid Appraisals?

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Appraisal Inspection Appraisal Process Valuation 78

Simonson Real Estate

SEPTEMBER 16, 2021

Here at Simonson Appraisals, we do our best to have a 3-4 week turn-around time because we understand the appraisal process will provide you with the confidence to make the correct business decision for your needs. Navigating the Appraisal Process – What You Need to Know. We’d be happy to help.

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Appraisal Appraisal Process Real Property Real Estate 78

Birmingham Appraisal

AUGUST 2, 2023

Whether you’re a homeowner looking to make improvements, an agent who needs a pre-listing appraisal, or an attorney or accountant who requires a certified appraisal, a well-qualified and experienced appraiser is essential for accurate property valuation.

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Appraisal Agents Valuation Real Estate 70

McKissock

DECEMBER 10, 2021

Plus, what will it take to modernize the appraisal process? Read on for this week’s appraisal news and insights. Opinion: The path to modernizing the appraisal process. Want regular appraisal news updates and insights into all facets of the industry? Read the full opinion piece.

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Housing Market Appraisal Marketing Appraisal Process 79

East Coast Appraisal

JULY 7, 2022

A property appraisal is essential in the real estate industry. This blog will discuss specific errors that may impact the valuation process and which should be avoided during property appraisal. . Do not provide false information to sway the appraisal's outcome. Misinterpreting the Appraisal Process.

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Property Appraisal Appraisal Valuation Appraisal Process 52

Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals.

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Real Estate Agent Real Estate Agents Appraisal 75

Genworth MI Blog

AUGUST 31, 2022

If no adequate comparable properties are found within the last year, then the appraiser may need to look at a different area or expand time parameters, adjusting for the location and/or market conditions. If you can’t account for condition and location in your appraisal, then you won’t have a credible one. Subscribe now!

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Inspection Appraisal Marketing Appraisal Process 78

Appraiserblogs

SEPTEMBER 20, 2021

(Mueller Reports) contacted a VaCAP member about joining their team as a W-2 employee… Hybrid Appraisals, Invitation to Fraud Until FNMA released their version of a test format for hybrids (1004P) there was not one hybrid form appraisal process… The post Why Appraisers Say NO to Hybrids appeared on Appraisers Blogs.

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Appraisal Real Estate Appraisal Process Training 113

Birmingham Appraisal

FEBRUARY 20, 2024

The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible. For the above reasons, it is very important for accurate valuations during the home-buying process.

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Agents Appraisal Real Estate Agent Bracketing 86

Chicagoland Appraisal Blog

AUGUST 1, 2023

It provides an overview of the appraisal’s purpose, important findings and the opinion of value. The letter may also specify any limitations or assumptions made during the appraisal process. Subject Section This section identifies the physical address of the property being appraised.

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Appraisal Legal Construction Appraisal Process 148

Genworth MI Blog

AUGUST 15, 2019

When you hear automated appraisal, that refers to a computer doing the valuation without an appraiser. In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation. Subscribe now!

Appraisal Tips 78

Appraisal Tips Appraisal Property Inspector Training 78

Genworth MI Blog

AUGUST 15, 2019

When you hear automated appraisal, that refers to a computer doing the valuation without an appraiser. In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation. Subscribe now!

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Appraisal Tips Appraisal Property Inspector Training 78

Appraisal Today

MARCH 15, 2024

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. I hate this time change.

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Appraisal Inspection Modernization Business 70

AmeriMac

JANUARY 30, 2024

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.

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Appraisal Process Mortgage Appraisal Appraisal Mortgage 36

Premier Home Appraisal Blog

MAY 30, 2023

By getting a PMI removal appraisal and showing that your home has increased in value, you can show that you have the required equity to SAVE MONEY! This process can save you hundreds of dollars each month and thousands of dollars over the life of your loan. This is where the appraisal process comes in.

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Appraisal Home Value Appraisal Process Insurance 98

Simonson Real Estate

JUNE 16, 2021

A good appraiser should spend some time interviewing the property owner, confirming sales and rental information with buyers, sellers, and brokers. This very critical element of the appraisal process helps the appraiser gain a deeper understanding of the property being appraised, market attitudes and motivations.

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Appraisal Real Estate Appraisal Process Real Property 78

AmeriMac

NOVEMBER 30, 2023

Commercial Real Estate Appraisal is a crucial process that helps determine the value of commercial properties. Appraisers can work independently or as part of appraisal firms, real estate appraisal departments, financial institutions, corporations, or government agencies.

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Appraisal Real Estate Appraisal Process Inspection 36

AmeriMac

MAY 24, 2023

It’s a process that involves a careful and thorough analysis of various factors to arrive at an accurate estimate of the property’s worth. In this blog, we will dive deep into what commercial real estate appraisals entail, why they are so important, who conducts them, and how much they cost.

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Real Estate Appraisal Appraisal Process Market Value 36

AmeriMac

APRIL 30, 2023

A home appraisal determines the value of your property, and it is an essential step in the selling process. A well-conducted appraisal can get you the best price for your property, while a poorly done appraisal can leave you stuck with an undervalued home. What is a Home Appraisal?

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Appraisal Valuation Appraisal Process Renovations 36

Clear Capital

SEPTEMBER 13, 2023

This is the third post in our blog series about appraisal waiver programs. As mortgage underwriters, you understand that a timely appraisal is paramount to a smooth loan approval process. But what if you could skip a traditional appraisal entirely? What is an appraisal waiver?

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Appraisal Inspection Modernization Valuation 36

AmeriMac

MAY 10, 2023

In the world of property transactions, appraisal reviews play a vital role in ensuring accurate property valuation. But what exactly is an appraisal review, and why is it so important? We will also discuss common issues that arise during the appraisal review process and the benefits of conducting a quality appraisal review.

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Appraisal Valuation Legal Inspection 36

AmeriMac

SEPTEMBER 15, 2023

The appraisal process is an essential part of real estate transactions. The appraisal value can make or break the deal, whether buying or selling a property. But what happens when the appraised value comes in lower than expected? This is where rebuttal appraisal comes in. Contact us at AmeriMac today!

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Appraisal Appraisal Process Real Estate Real Estate Agent 36

D Fritz Appraisals

MARCH 16, 2021

Be Prepared for an Appraisal for a Positive Impact on Your Home’s Valuation. Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. You’ll be able to recover those costs in your home appraisal.

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Appraisal HOA Easement Valuation 126