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. Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions.

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AmeriMac

MARCH 25, 2021

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

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AmeriMac

MARCH 25, 2021

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

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Appraisal Process Appraisal Property Taxes Buyers 36

AmeriMac

MAY 15, 2024

One crucial aspect of the relocation process is the appraisal of the property being sold. Appraisals play a significant role in determining the fair market value of a property and ensuring a successful relocation. From finding a new home to selling the existing property, there are numerous factors to consider.

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East Coast Appraisal

JULY 7, 2022

A property appraisal is essential in the real estate industry. It aids in determining the property's market value, ensuring the buyer can acquire it at a fair price. This blog will discuss specific errors that may impact the valuation process and which should be avoided during property appraisal. .

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Property Appraisal Appraisal Valuation Appraisal Process 52

AmeriMac

MARCH 25, 2021

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

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Appraisal Process Appraisal Property Taxes Buyers 28

Birmingham Appraisal

SEPTEMBER 26, 2023

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? They are, after all, real transactions that have taken place within the market.

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Cleveland Appraisal Blog

JANUARY 13, 2022

If you’re an appraiser, like I am, the nature of our work can at times cause us to become skeptical. A homeowner or agent may appear to exaggerate information they share about a home. In this article, I am going to focus on the dangers that skepticism can have on an appraiser’s thinking.

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Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

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Agents Appraisal Real Estate Agent Bracketing 89

Birmingham Appraisal

AUGUST 2, 2023

In this guide I put together, I’ll share the key factors to consider when hiring a real estate appraiser in the Birmingham, Alabama area or wherever you live to help you make an informed and confident choice. Certification and Licensing Appraisal standards and regulations are vital to maintaining the integrity of the profession.

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Birmingham Appraisal

SEPTEMBER 15, 2022

Buying a home can be a confusing process, however, I hope that you have been able to surround yourself with knowledgable professionals who can help you navigate your first home purchase and make it an enjoyable experience. I would like to do my part by informing and educating you on the appraisal part of the transaction.

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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

Realvals

JUNE 18, 2023

An appraisal provides you with the clearest understanding of the value of your real estate. Whether you are buying, selling, or refinancing, an appraisal helps you make well-informed decisions in the process. Beyond these most common scenarios, appraisals have numerous other use cases.

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Appraisal Property Taxes Real Estate Market Value 145

Realvals

JULY 27, 2022

As a real estate appraiser in California, I often hear this question, and the answer is almost always the same. It’s the client who pays for the home appraisal. But who is the client you ask? Home appraisal process. The home appraisal process will differ depending on what you need the appraisal for.

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AmeriMac

JANUARY 15, 2024

Understanding the role of a home appraiser, the importance of a home appraisal, and the factors to consider when choosing an appraiser are key to making an informed decision. So, let’s dive in and discover how to find the best local home appraiser. Why is a Home Appraisal Important?

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Appraisal Appraisal Process Valuation Real Estate 36

Birmingham Appraisal

MAY 2, 2023

A Closer Look at The Retrospective Appraisal During the estate and tax planning process, one of the key concerns that clients often have is minimizing the tax burden on the heirs of an estate. How Does a Retrospective Appraisal Work? A retrospective appraisal is typically performed by a qualified real estate appraiser.

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Appraisal Market Value Inspection Real Estate 52

The Robert Weiler Company

OCTOBER 21, 2022

To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked. We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser.

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Cleveland Appraisal Blog

SEPTEMBER 2, 2022

I complete this approach on nearly every appraisal, with the exception of condominiums, because it is a necessary approach when measuring the accrued depreciation of a property, which provides helpful information in the Sales Comparison Approach. The third approach to value is the Income Approach. Lenders are not value experts.

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The Robert Weiler Company

SEPTEMBER 16, 2021

The question is, how exactly is property value determined? And how does the real estate appraisal process work? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Consider the client who is purchasing commercial property for sale.

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Real Estate Appraisal Property Appraisal Valuation 147

Empire Appraisal Group

JULY 1, 2021

Interacting With an Appraiser at a Property. Michelle Bradley, a certified general appraiser, instructor, and founder of Bradley Consultants LLC, recommended that agents bring a packet of information about their listing for the appraiser. Don’t tell the appraiser your client needs a certain value, for example.

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Birmingham Appraisal

NOVEMBER 14, 2023

Agents and appraisers are not that different in their desire to determine an accurate market value for a property. If agents utilize the same methods appraisers use in their appraisals there should not be a vast difference between the two values and the likelihood of a deal falling through will be minimized.

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Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. However, these restrictions may also limit modifications, potentially affecting the property’s market appeal.

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The Robert Weiler Company

APRIL 20, 2021

As such, our experts at The Robert Weiler Company have put together this business valuation ‘questions and answers’ overview to offer more clarity behind the business appraisal process. They are: (1) the asset-based approach; (2) the earning value approach; and (3) the market value approach.

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Valuation Business Buyers Market Value 147

McKissock

JULY 27, 2021

So you can show your value without doubt.” If you were thorough and documented all of the factors used throughout the appraisal process to determine value, you will easily be able to defend your work with facts.” ” “Make sure you have sales to support your opinion of value in your workfile. .”

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Appraisal Today

APRIL 12, 2024

Home equity lines of credit (HELOCs): When homeowners apply for HELOCs, lenders may request desktop appraisals to ascertain the property’s value and determine the credit limit without requiring a full appraisal. It is written for real estate agents and has general information on appraisal at the beginning.

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AmeriMac

JULY 25, 2022

Appraisal reviews are usually requested by financial institutions and attorneys who want to get a second opinion on an appraisal report. Appraisal review is an assessment of the appraisal and not the appraiser. For reviewers to do an excellent job, they must at least be on the same skill level as the appraiser.

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McCarthy Appraisal Blog

SEPTEMBER 4, 2018

Evaluate the appraiser’s experience. The resume may be on the appraiser’s website. The references should be current or previous clients, and at least one should be from the community. Verify the appraiser’s experience working with homeowners. Ascertain the appraiser’s knowledge of the area.

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Real Estate Appraisal Valuation Loan Officers 36

Rowe Appraisal Group

MAY 6, 2020

I recently came across this great graphic by Title Source that goes through the home appraisal process and the appraisal basics. It briefly discusses what an appraisal is, why it is necessary, what appraisals are based on, what homebuyers need to know, appraisal myths and truths, etc.

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Appraisal Appraisal Process Real Estate Training 36

Rowe Appraisal Group

MAY 6, 2020

I recently came across this great graphic by Title Source that goes through the home appraisal process and the appraisal basics. It briefly discusses what an appraisal is, why it is necessary, what appraisals are based on, what homebuyers need to know, appraisal myths and truths, etc.

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Appraisal Appraisal Process Real Estate Training 36

Appraisal Today

JANUARY 5, 2024

Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. To read more about the 4 ways, plus information on why I take ads, etc. – Work on getting a more positive attitude toward your clients, fees, etc.

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Appraisal Today

SEPTEMBER 9, 2022

Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. Click here for the list of 4 ways plus information on why I take ads, etc. =. Excerpts: 2.

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AmeriMac

MARCH 14, 2022

Yes, it’s true that certain things like valuations and appraisals still require a lot of time and energy from a certified professional. Someone will need to come out to a home, inspect it and use all available information to make a best judgment determination about what that property is worth.

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Clear Capital

DECEMBER 21, 2022

Whether it is for the borrower, the seller, or the lender, a detailed and error-free appraisal report positively influences the purchase decision and credibility of the process. Always explain the adjustments with commentary in the appraisal report. A wise appraiser once said, “The sales grid is where all the magic happens.”

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AmeriMac

FEBRUARY 28, 2022

Therefore, the appraisal process becomes a key way to prevent that from happening. The key part of the process is that an objective third-party comes in, assesses the value of a property and gives their input. These are comparable properties that may have similar features to the one the appraiser is currently working on.

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AmeriMac

FEBRUARY 28, 2022

Therefore, the appraisal process becomes a key way to prevent that from happening. The key part of the process is that an objective third-party comes in, assesses the value of a property and gives their input. These are comparable properties that may have similar features to the one the appraiser is currently working on.

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Lifestyle Properties of Maine

AUGUST 6, 2019

One of the most nerve wracking parts of a real estate transaction can be the appraisal process for both buyers and sellers. What is an appraisal? Why is an appraisal necessary? What if the home doesn’t appraise for the contract value? How much does it cost?

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Clear Capital

SEPTEMBER 29, 2021

It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. You could have, on any given home, you can have five different appraisers show up to the home and end up with five completely different valuations.

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