Appraisal Today

OCTOBER 27, 2023

Strange Encounters in Property Appraisal By: McKissock Excerpts: Property appraisal is not typically thought of as a “dangerous” profession per se. However, you may encounter some strange—or even spooky—properties from time to time. I worked for an assessor’s office for 5 years in my first appraisal job.

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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. Factors Considered by Appraisers When determining the value of a property, appraisers consider several crucial factors.

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Real Estate Agent Real Estate Agents Appraisal 75

Birmingham Appraisal

JUNE 7, 2023

Appraisers Helping Accountants In the realm of real estate transactions, residential appraisers play an important role in providing accurate valuations. Appraisers also offer valuable support to accountants by providing crucial insights and data for various financial purposes.

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Real Estate Appraisal Valuation Legal 63

Cleveland Appraisal Blog

JANUARY 19, 2023

Have you heard of a property being overimproved, or super adequate? Unless you’re in the property valuation profession, you may not have. ” Clearly, when valuing a property, appraisers must consider what the typical buyer expects a home to offer in terms of amenities and characteristics. How about underimproved?

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Appraisal Buyers Transportation Real Estate 284

Birmingham Appraisal

FEBRUARY 28, 2023

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. These mistakes can significantly impact the value of a property and even lead to an appraisal being lower than the contract price.

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McKissock

DECEMBER 7, 2021

Whether you’re a new appraiser or a seasoned appraiser looking to grow your income, you probably want to know, “What appraisal competencies do I need to master in order to maximize my success?” Key appraisal competencies. Learn more in our free guide, The ROI of Professional Development for Appraisers.

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Riverfront Appraisals

JANUARY 22, 2021

Welcome to our special 2020 Year In Review blog post. This post will also be a special episode of the new Owensboro Real Estate Update Podcast. The post Riverfront Appraisals 2020 Real Estate Year in Review appeared first on Riverfront Appraisals.

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The Robert Weiler Company

SEPTEMBER 30, 2020

Unlike a commercial real estate appraisal review, most of the answers from “Facebook experts” are not fact-based; the responses on your social media post will range from beliefs to convictions to opinions. Fortunately, we do not conduct commercial real estate appraisals on social media!

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East Coast Appraisal

JULY 7, 2022

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

McKissock

AUGUST 18, 2020

In my previous blog post , I observed that specializing in complex property appraisal can be very profitable for the residential appraiser—in Florida and all across the U.S. The complex assignment is one in which the property to be appraised, the form of ownership, or market conditions are atypical.

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McKissock

NOVEMBER 30, 2021

As a property appraiser, an important part of your job is keeping up with the latest industry updates and the state of the real estate market. What are some good go-to news sources for appraisers? ” Here’s a breakdown of commonly used appraisal news sources, in order of popularity. Sign up now.

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Cleveland Appraisal Blog

JULY 6, 2022

In one Facebook group the other day, (yes, I’m back on Facebook ) one member mentioned they feel that a person who scans a property to provide an appraiser with a floor plan should be licensed. WHAT IS AN APPRAISAL INSPECTION? I think it’s important to understand what an appraisal inspection is. What do you think?

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Birmingham Appraisal

DECEMBER 19, 2023

Tips To Make An Agent’s Life Easier The job of a real estate agent is extensive. While I cannot speak to most of those duties, or how to do them, I do have something that I would like to share regarding the pricing and appraisal part of their job. This will require negotiating down the price or the deal falling through.

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Real Estate Agent Real Estate Agents Appraisal 69

The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. After all, it is a detailed activity that can look different depending on the scope and nature of your property.

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AmeriMac

APRIL 15, 2023

If you own or run a business, chances are you have some experience with commercial real estate. At some point, you may need to have a commercial real estate appraisal done as it plays a critical role in many aspects of the commercial real estate industry. What is it?

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Real Estate Appraisal Property Taxes Valuation 36

Appraiserblogs

MARCH 17, 2021

Bill A5185 and AMC Bill A5146 introduced to the state legislature in New Jersey show just how much state legislators don’t understand the appraisal profession. Valuation Legal warned us about this back in December: Appraiser and AMC Laws to Include Prohibitions Against Discrimination. From Bill A5185: 2. 45:14F-1 et seq.)

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Appraisal Law Legal Property Appraisal 116

Premier Home Appraisal Blog

MAY 17, 2023

Price like a Real Estate Appraiser! Are you a real estate professional or mortgage lender looking to learn more about the home appraisal process? Let our experienced certified Virginia appraisal experts be the premier source of home appraisal knowledge for your market. We can help!

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Appraisal Bracketing Appraisal Tips Inspection 98

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.

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Cleveland Appraisal Blog

DECEMBER 31, 2021

The Cleveland Appraisal Blog provides a few ideas below. While most people choose to sell their home through a real estate agent, others feel more comfortable managing this type of situation themselves. And a big thank you to all in the real estate profession! – APPRAISAL TODAY.

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Cleveland Appraisal Blog

JUNE 23, 2023

As a real property appraiser, I think these tips can really help if you’re looking to purchase land. A big thank you to Ashley Rodriguez for helping provide some content for my blog this month! And a big thank you dear reader for continuing to visit the Cleveland Appraisal Blog! I appreciate you!

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Appraisal Today

DECEMBER 8, 2023

OK to average adjusted comps on appraisal? Basic Appraisal, but not all appraisers know about this, especially if they “appraise to fit the form” aka form fillers. Worth reading, plus the appraiser comments. Well, for starters, the property known as Hale Palau’ea is nearly hidden. What Can We Do?

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Appraisal Real Estate Contracts Design 66

Appraiserblogs

MARCH 29, 2023

Waiving appraisal requirements on residential homes could erode consumer protection, stall attempts to create diversity in the profession… The recent announcement from Fannie Mae that they will waive the requirement for residential home appraisals has caused quite a stir in the industry.

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Appraisal Today

JUNE 23, 2023

This Is Where Appraisal Liability Risks Lie (Plus Tips on How to Avoid Them) By: McKissock Excerpts: While it’s difficult for a litigant to win a judgment against an appraiser, that doesn’t spare appraisers the inconvenience of being sued, which can be costly, time-consuming, and harmful to one’s reputation even if the suit fails.

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Appraisal Real Estate Valuation Contracts 85

McKissock

OCTOBER 8, 2021

The Bureau of Labor Statistics projects that job growth for appraisers between 2019–2029 will be 3%, which is on pace for all occupations. Since the real estate market impacts the work of real property appraisers, demand for appraisers can fluctuate from year to year. Retiring appraisers.

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Appraisal Real Estate Technology Property Appraisal 74

AmeriMac

NOVEMBER 30, 2023

Commercial Real Estate Appraisal is a crucial process that helps determine the value of commercial properties. We will also delve into the critical methods used for commercial property appraisal and discuss how accurate these appraisals are. Who conducts Commercial Real Estate Appraisals?

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The Robert Weiler Company

APRIL 12, 2023

Lastly, some commercial property owners will see a negligible difference, regardless of the appraisal. The 2020 property reassessment included more than 5.5 The County Auditors are responsible for ensuring that every parcel of land (and any buildings within) are fairly and consistently appraised and assessed for tax purposes.

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Property Appraisal Property Taxes Real Estate Valuation 148

Appraisal Today

SEPTEMBER 22, 2023

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Brokers followed with 24%, and appraisal-certified professionals comprised 14% of the respondents. I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today.

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Riverfront Appraisals

JULY 1, 2021

For the past six months, I’ve been blogging with the purpose of assisting loan officers to better understand the appraisal process. So far, we’ve covered final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value, bracketing and FHA appraisals.

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Appraisal Process Reconsideration of Value Bracketing Final Inspection 88

Appraisal Today

AUGUST 18, 2023

7 Must-Have Apps for Appraisers By: McKissock Excerpts: 1. Dragon is very well-liked among appraisal professionals, making it number one on our list of must-have apps for appraisers. Genius Scan This app gets a lot of love from appraisers. Dragon has been around a long time and is popular with commercial appraisers.

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Appraisal Today

DECEMBER 2, 2022

NAR Urges Appraisal Foundation To Establish Equivalency Credit for Education and Experience. Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process.

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McKissock

JULY 20, 2021

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., FHA appraisal assignments ) because they don’t want to be considered a “home inspector.” A home inspector might estimate the cost of certain repairs, but value opinions are left to the appraiser.

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Chicagoland Appraisal Blog

FEBRUARY 28, 2018

If you have a deficient condition such as this you may want to repair it prior to an FHA Appraisal. Appraisers must operate faucets to observe water pressure and flow. This is an example that there is low water pressure and an FHA appraisal will be made subject to repair. Did I leave anything out?

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Appraisal Tips Appraisal Property Appraisal Inspection 78

Riverfront Appraisals

JUNE 13, 2021

Right now on our Appraisal Blog, we’re all about helping Loan Officers. This post is part six of a 12-part series we’re calling The Loan Officer’s Guide to Appraisals. The post The Loan Officer’s Guide to Appraisals Part 6: How are FHA Appraisals Different From Others? appeared first on Riverfront Appraisals.

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Riverfront Appraisals

DECEMBER 1, 2021

We made it to the end of a year-long series called the Loan Officer’s Guide to Appraisals! If you’ve read each post, or listened to each accompanying podcast over at The Appraisal Cast, thank you! If you’ve just come upon this blog for the first time, thank you as well for […].

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Appraisal Appraisal Process Property Appraisal Housing Market 88

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

How to Choose a Real Estate Appraiser? An appraisal is a professional appraiser’s unbiased and impartial opinion of value based on the condition of the property, prevailing real estate prices and other factors. An independent appraisal sets a benchmark value for your real estate.

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Real Estate Appraisal Valuation Loan Officers 36

Chicagoland Appraisal Blog

JULY 13, 2017

I came across a Facebook post from an appraiser friend of mine about an article written in the Chicago Tribune titled Homebuyers who pay cash win deals as appraisals derail sale in tight Chicago market. The title is definitely eye-catching especially to an appraiser in Chicago. How often do realtors attend home appraisals?

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Birmingham Appraisal

AUGUST 30, 2023

A Look at Why Your Home May Not Appraise for The Expected Value When it comes to selling or refinancing your home, one of the crucial steps is the appraisal process. Appraisals determine the market value of your property, which affects your ability to secure a loan or make a profitable sale.

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