Riverfront Appraisals

MARCH 4, 2022

In this blog post, we’ll discuss the various methods for choosing comparable sales, just the way an appraiser does. The post Appraisal Blog The Realtor’s Guide to Appraisals, Part 3 How Appraisers Choose Comps appeared first on Riverfront Appraisals.

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Appraisal New Listings Appraisal Process Property Appraisal 123

DataMaster

FEBRUARY 3, 2021

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. Hybrid appraisals use the services of a third party.

Appraisal Process 78

Appraisal Process Appraisal Modernization Training 78

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

In most parts of the country, real estate appraiser’s main source of data is the multiple listing service. Let’s talk about three areas of a listing that, when completed accurately, can help appraisers to develop more supportable opinions of value. An appraiser may miss that sale through no fault of their own.

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Agents Appraisal Renovations Development 374

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 124

Riverfront Appraisals

APRIL 5, 2023

So far in this season of our blog, we’ve covered 13 frequently asked questions about the real estate appraisal process, and most of them are questions we get during or after our on-site visit. And, it has […] The post FAQ #14: Who Should Be At The Home During An Appraisal? appeared first on Riverfront Appraisals.

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Appraisal Appraisal Process Real Estate 109

McKissock

SEPTEMBER 8, 2020

Previously, we asked our real estate appraisal community, “What’s your favorite part of the appraisal process ?” This time, we asked appraisers, “What part of the appraisal process do you find the most challenging? What part of the appraisal process do you find the most challenging?

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Appraisal Process Appraisal Valuation Clients 65

Appraisal Partners Blog

OCTOBER 28, 2019

A home appraisal is usually requested by a lender to estimate the market value of your home. When the time comes for you to get an appraisal for your property, it makes sense to use our services here at Appraisal Partners. We make the process easy for you and there’s no need for stress or confusion.

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Appraisal Process Appraisal Inspection Property Appraisal 78

Riverfront Appraisals

AUGUST 31, 2021

Welcome to the September edition of our blog series, The Loan Officer’s Guide to Appraisals. This entire year, I’ve been blogging once a month with the purpose of assisting loan officers to better understand the appraisal process. This month’s blog post will be all about new construction appraisals.

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Construction Appraisal Appraisal Process Loan Officers 115

Appraiserblogs

OCTOBER 14, 2022

The results of the NAR appraisal survey show more than half of appraisers reported AMCs to be the greatest challenge in their business with 40% reporting not being compensated fairly. Highlights of the NAR Appraisal Survey The. Racial Bias in Real Estate: Is it the Appraisers’ Fault? It was March 28th,….

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Appraisal Appraisal Process Real Estate Finance 120

Appraiserblogs

OCTOBER 31, 2022

Appraisers, this is a long article but it’s important, as it reveals how you are being discredited in the work you do. Related Posts: Census Tract Info Used Against Appraisers "Census tract boundaries do not necessarily define the subject's market." Appraisers, of all the issues I’ve written about or questioned….

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Appraisal Appraisal Process Marketing Contracts 114

Appraiserblogs

MAY 23, 2023

While the statute doesn’t explicitly mention that providing a loan amount is an AIR violation… When a mortgage lender seeks to make a Veterans Administration-backed home loan, the lender requests an appraisal from the VA’s appraiser panel by using a form entitled Request for Determination of Reasonable Value.

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Appraisal Appraisal Process Mortgage 129

Riverfront Appraisals

JULY 29, 2021

This entire year, I’ve been blogging once a month with the purpose of assisting loan officers to better understand the appraisal process. So far, we’ve covered communication with the appraiser, reconsiderations of value, FHA appraisals and a few other topics you should definitely go check out.

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Reconsideration of Value Appraisal Appraisal Process Loan Officers 100

Cleveland Appraisal Blog

AUGUST 25, 2022

Today, Cleveland Appraisal Blog shares a few tips for first-time investors. Cleveland Appraisal Blog offers a wealth of free information on every aspect of the appraisal process. You can also listen right here at Cleveland Appraisal Blog! . Decide on How to Proceed. Let us know !

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Investing Renovations Landlords Real Estate 332

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 123

Appraiserblogs

OCTOBER 20, 2022

Gone are the days of hiring a professional appraiser to solve the appraisal problem. For decades lenders have taken on the responsibility of shaping the appraisal process and dictating the solutions to the appraisal problem. Appraisers need to have intent in order to be convicted of fraud.

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Appraisal Appraisal Process Clients Development 101

Riverfront Appraisals

JANUARY 18, 2023

This blog post is brought to you by the Guide To Appraisals series of e-books.

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Inspection Appraisal Appraisal Process Clients 121

Appraiserblogs

MAY 6, 2022

Several appraisers have informed us that they have received death threats simply because they have been outspoken online refuting the racial bias narrative and the allegations of racial discrimination in the appraisal profession that is being utilized to remove appraisers from the lending equation.

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Appraisal Appraisal Process Lending Real Estate 114

Chicagoland Appraisal Blog

FEBRUARY 22, 2024

When it comes to home appraisals, the question of whether or not to ask the appraiser to remove their shoes can be a common concern for homeowners. Asking the appraiser to take off their shoes is entirely reasonable and understandable. The post Should You Ask Appraisers to Remove Their Shoes?

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Appraisal Appraisal Process Training 78

Appraisal Hub

MAY 5, 2024

As a seasoned appraiser in the vibrant real estate market of Toronto, I’ve had the privilege of witnessing the ever-evolving landscape of property valuation. Over the years, I’ve come to appreciate the symbiotic relationship between appraisers and real estate agents.

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Real Estate Agent Real Estate Agents Appraisal Process 78

Riverfront Appraisals

NOVEMBER 4, 2021

Welcome to the November edition of our blog series, The Loan Officer’s Guide to Appraisals. If you’ve been following our blog, you know that all year, I’ve been writing with the purpose of assisting loan officers to better understand the appraisal process.

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Appraisal Loan Officers Appraisal Process Housing Market 78

Padove Appraisal Service

FEBRUARY 27, 2023

Many people’s experiences with real estate appraisals are limited to mortgage applications. The appraiser is usually selected, and the report ordered through the lender. The task of selecting an appraiser for purposes such as estate planning and settlement, divorce, tax appeal, etc.,

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Appraisal Real Estate Real Estate Agent Legal 145

Riverfront Appraisals

SEPTEMBER 30, 2021

Welcome to the October edition of our blog series, The Loan Officer’s Guide to Appraisals. If you’ve been following along with us, you know this is part 10 in our year-long series on appraisals and the loan officer.

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Appraisal Appraisal Process Loan Officers Housing Market 97

Chicagoland Appraisal Blog

AUGUST 1, 2023

Reading a home appraisal might feel overwhelming at first, but worry not! This guide is here to simplify the process. While each appraisal may have slight variations, the following structure offers a general roadmap to help you smoothly navigate through it. The legal description and the assessor’s parcel number (APN).

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Appraisal Legal Construction Appraisal Process 148

Riverfront Appraisals

APRIL 13, 2023

We’ve been exploring several frequently asked questions in this blog series, and most come to me from Realtors, lenders, or homeowners. The conversation usually goes something like this: “Hey Ryan, I have a […] The post FAQ #15: Can I Request A Different Appraiser? appeared first on Riverfront Appraisals.

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Appraisal Realtors Appraisal Process 123

Appraiserblogs

SEPTEMBER 20, 2021

Could this be another reason why so many real estate appraisers refuse to do bifurcated hybrid appraisals? “ Could this be another reason why so many real estate appraisers refuse to do bifurcated hybrid appraisals? Who’s REALLY completing bifurcated/hybrid appraisal reports? You Decide!“ You Decide!

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Appraisal Real Estate Appraisal Process Training 115

Appraiserblogs

MARCH 15, 2021

FTC vs LREAB Update The Supreme Court has denied the Louisiana Real Estate Appraisers Board’s petition to intervene in the administrative case for price fixing by the FTC. Working RE Appraisal Survey Let your voice be heard on what is customary and reasonable fees for your services.

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Appraisal Real Estate Appraisal Process Finance 128

Appraiserblogs

SEPTEMBER 22, 2021

“Digitizing the entire appraisal process”… what does this even mean? From the article: “We’re not replacing the appraiser, we’re empowering them” We share a common belief in the true path to the future, which is not to replace the appraiser but to empower them. appeared on Appraisers Blogs.

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Appraisal Valuation Appraisal Process Mortgage 105

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

Have you ever read thru an appraisal report? The Sales Comparison approach, as the name implies, compares the property being appraised to other properties that a potential buyer might consider as a substitute for buying the property being appraised. When completing an appraisal, there may be four values.

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Development Appraisal Market Value Valuation 337

Birmingham Appraisal

MARCH 26, 2024

This decline in the number of houses sold in some areas has made it difficult to do appraisals because of the lack of comps. They wanted to know if it was okay to use new construction sales in an appraisal of an older home. Appraisal Process To answer this it’s important to understand the appraisal process.

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Construction Appraisal Appraisal Process Bracketing 71

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 86

Appraisal Today

MARCH 15, 2024

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Whether you’re a seasoned appraiser or new to the field, having a better understanding of rural properties is essential for providing credible appraisals. Well written.

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Appraisal Inspection Modernization Business 68

Appraisal Buzz

MARCH 14, 2022

BLOG VIEW: Most are familiar with the appraisal standards used to identify the condition of homes during the appraisals process. Fannie Mae, Freddie Mac, HUD and VA use codes to simplify this process. The post A Simpler Approach to Determining Home Condition appeared first on Appraisal Buzz.

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Appraisal Process Appraisal 150

Appraiserblogs

SEPTEMBER 27, 2021

Fannie Mae wants to hear from you about racial bias in appraisals. News media reports alleging racial bias in home appraisals have turned a spotlight on the appraisal process in the mortgage industry. Many of the conversations on this topic have excluded appraisers. The survey closes on October 3, 2021.

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Appraisal Appraisal Process Real Estate Mortgage 90

Birmingham Appraisal

AUGUST 23, 2023

How Can Appraisers and Agents Work Together? In the often chaotic world of real estate, the appraiser-agent relationship can contribute to a smoother process. There are many areas that appraisers and agents can inform and educate one another so that each of their jobs is done more successfully.

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Agents Appraisal Valuation Appraisal Process 82

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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Real Estate Agent Real Estate Agents Appraisal 75

Premier Home Appraisal Blog

MAY 30, 2023

My home appraisal saved me money! That's where our home appraisal for PMI removal comes in. 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 is where the appraisal process comes in.

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Appraisal Home Value Appraisal Process Insurance 98

Riverfront Appraisals

FEBRUARY 22, 2023

While this is indeed one of the most frequently asked questions we get – especially from homeowners – it’s not a new topic to our blog. As I’ve written about this topic […] The post FAQ #8: What Happens When the Appraisal Comes Back Under Contract Price? appeared first on Riverfront Appraisals.

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Contracts Appraisal Appraisal Process Real Estate 109