Remove Appraisal Process Remove Development Remove Market Value Remove Tools
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 includes having the necessary amenities and being in a state of good repair.

article thumbnail

3 Ways Agents Can Help Appraisers to Be More Accurate

Cleveland Appraisal Blog

We also use the MLS to analyze the market trends and to make market-based adjustments for things such as changes in sales prices, as well as features of a home that have a major impact on market value, like finished square footage, bedroom, and bathroom count, lot size and so on. NO BLANK FIELDS. ACCURATE DATA.

Agents 374
Insiders

Sign Up for our Newsletter

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

article thumbnail

Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

From an appraiser’s perspective, I know that we work with agents to make sure the appraisal is done in a timely manner with the most accurate information possible. While agents and appraisers cannot discuss value we can talk about the property and why they may have priced it at what they did.

Agents 89
article thumbnail

Decoding a Commercial Appraisal: Insider Insights

AmeriMac

These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area. It provides an objective assessment of the property’s value, taking into account market conditions and other relevant factors.

article thumbnail

Skepticism Can Lead to Poor Decisions

Cleveland Appraisal Blog

Chances are that one mistake is not going to lead to an appraiser’s losing their license, but it could. When it comes to these things, it can be easy to develop a skeptical attitude. The truth is, appraisers, do need to have a healthy dose of skepticism. Therein lies the value appraisers offer to the public.

Appraisal 221
article thumbnail

5 Tips for Appraising Green Homes

McKissock

Here are five tips for appraising green homes that you can use as guidance. You must independently determine whether there is sufficient information available to develop a reliable opinion of market value for each individual property. The post 5 Tips for Appraising Green Homes appeared first on McKissock Learning.

article thumbnail

26 Reasons to Get an Appraisal

Realvals

An appraisal is an essential part of this process. An appraisal will provide you with the current market value of your real estate. In some cases, if you and your spouse cannot reach an agreement on the value of your shared property, a court may require a professional appraisal.

Appraisal 145