Appraiserblogs

APRIL 23, 2024

“FNMA’s collateral underwriter tool has a line item adjustment it makes on every comparable called Census Block Grid.” The underwriter revealed that the tool uses a ‘Census Block Grid’ adjustment (CBG) to evaluate comparable property values. Related Posts: The One-Mile Rule: Prudent Policy or Modern Day Redlining?

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Tools Modernization Home Value Appraisal 129

Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. For appraisals required to be Uniform Appraisal Dataset (UAD) compliant, you must indicate the type of sale for the transaction.

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Appraisal Real Estate Real Estate Agent Contracts 75

Appraiserblogs

OCTOBER 16, 2023

At the heart of Fannie Mae’s valuation system is a tool that shunts a subset of the millions of loans purchased by the mortgage giant each year into a “high risk” pool. A lot of appraisers feel that way.… If analysts don’t write enough defects on those files, they get hammered. We the People.

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Valuation Appraisal Tools Lending 144

Appraiserblogs

NOVEMBER 18, 2021

It’s a great basic tool but falls well short of solving the real estate industry’s square footage problems. The first problem is that mandating ANSI for all appraisers may be a good first step, but fixing the whole problem requires two additional. Every week I talk to appraisers in different…. appeared on Appraisers Blogs.

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Appraisal Training Real Estate Valuation 139

Cleveland Appraisal Blog

MAY 12, 2022

Then I began to see their videos as well as videos of fellow appraisers who have posted things about this service. I am a huge fan of using technology when appraising properties. Enter the next new and cool tool. Before we talk about this new tool, let me share an experience I recently had. Remember them? SOMETHING NEW.

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Inspection Appraisal Tools Advertising 347

Appraiserblogs

OCTOBER 21, 2021

The desktop appraisals are not necessarily more reliable, which could become an adverse issue for appraisers in the future… Appraisers, we learned about this late on Monday, Oct. the desktop appraisals) put in place for appraisers after COVID-19 hit, have ended. 18, 2021: Sandra L.

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Appraisal Inspection Valuation Finance 108

Cleveland Appraisal Blog

FEBRUARY 4, 2021

AVM’S ARE GREAT MARKETING TOOLS. Zillow, one of the most wide-known AVM’s has stated that their values are not to be considered as appraisals. So, why offer a valuation service that provides values that should not be relied upon? AVM’s are marketing tools. Here is what Zillow states.

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Advertising Valuation Appraisal Renovations 198

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

Cleveland Appraisal Blog

OCTOBER 8, 2022

Use the above tips and tools to help guide your path to startup success in The Buckeye State. This article is brought to you by the Cleveland Appraisal Blog. Here’s a little something from my friend and appraiser Phil Crawford. You can also listen right here at Cleveland Appraisal Blog! . Impressive!

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Business Appraisal Transportation Design 195

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

AmeriMac

JUNE 28, 2023

In recent times, alternative valuation products have emerged as a popular solution that investors can use to gain insights into the worth of their assets. Alternative valuation products offer a unique way to determine property value. While AVMs estimate the value of a property, they don’t consider nuances like property condition.

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Valuation Investors Appraisal Technology 36

McKissock

SEPTEMBER 21, 2021

In our litigious society, real estate appraisers are increasingly vulnerable to many kinds of liability. Here are five excellent resources offered by McKissock Learning with tips and tools to help you protect your appraisal practice — including a Pro-Series webinar coming up on Wednesday, October 13, 2021. Sign up now.

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Appraisal Legal Government Valuation 80

McKissock

MARCH 2, 2021

As an experienced appraiser, you’ve likely encountered pressure to hit the purchase price or develop your appraisal based on a predetermined value. In this Pro-Series webinar , bank appraisal manager Alex Gilbert discusses best practices for when the purchase price is not supported by the available comps and market data.

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Appraisal Contracts Market Value Clients 103

Genworth MI Blog

AUGUST 31, 2022

Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider. Q: How have inspections and appraisals been impacted since the beginning of the COVID-19 pandemic?

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Inspection Appraisal Marketing Appraisal Process 78

Birmingham Appraisal

AUGUST 2, 2023

A Guide to Selecting the Right Appraiser Selecting a real estate appraiser is a crucial decision that can significantly impact your financial transactions and investments. Certification and Licensing Appraisal standards and regulations are vital to maintaining the integrity of the profession.

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Appraisal Agents Valuation Real Estate 70

McCarthy Appraisal Blog

OCTOBER 4, 2018

Homeowner Valuation Appraisals. Whether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal from McCarthy Appraisal Services can help you make a better educated decision when determining your selling price. Today’s market can be challenging.

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Valuation Appraisal Real Estate Agent Property Appraisal 36

D Fritz Appraisals

SEPTEMBER 19, 2019

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

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Home Value Appraisal Real Estate Agent Tools 78

Real Quantum

APRIL 22, 2022

LIVE WEBINAR | The Best Commercial Appraiser Technology. According to the McKissock 2019 Appraisal Income Guide , appraisers who excel at adopting new technologies earn over $44,000 more per year than appraisers who fail to leverage those tools. Communication tools (voice, video, email, messaging).

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Technology Appraisal Tools Design 69

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? Check out part one and part two.

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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. This tool is excellent for making copies of tax records, floor plans, etc.

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Appraisal Contracts Inspection Real Estate 73

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! Grant Applications.

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Real Estate Appraisal Property Appraisal Valuation 137

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

Appraisal Today

JUNE 16, 2023

Excerpts: Following that thought process, our appraisal language has simply got to change to reflect current times. In addition, our lenders and GSE’s are implementing tools and programs to identify when “Certain prohibited, subjective or potentially biased words or phrases are included in appraisal reports.”

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Appraisal Contracts Design Mortgage 73

DataMaster

FEBRUARY 3, 2021

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. ” This RFI is your chance to impact the direction that the inevitable appraisal overhaul will go. Appraisal Modernization.

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Appraisal Process Appraisal Modernization Training 78

AmeriMac

JUNE 14, 2023

If you’re in the market to buy or sell a property, you’re likely familiar with appraisals. They are a crucial step in determining the value of a property, and desktop appraisals have recently gained popularity as an alternative to traditional appraisals. What Is A Desktop Appraisal?

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Appraisal Inspection Valuation Finance 36

Simonson Real Estate

OCTOBER 23, 2020

As the impact of COVID continues to unfold and the real estate market grapples with rapidly changing information and market conditions – commercial appraisers have had to quickly adapt to a new way of gathering reliable and credible data to base their appraisal analysis from. Key Language in Letter of Transmittal. Bottom Line.

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Appraisal Retail Tenants Real Estate 143

McKissock

APRIL 16, 2021

With home-sale prices hitting a record high, the appraisal gap has created friction among agents, lenders, and appraisers. Appraisal waivers have exploded during the COVID-19 pandemic. The President of The Appraisal Foundation discusses the foundation’s outlook for 2021. Read on for more appraisal news and insights.

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Housing Market Appraisal Marketing Real Estate Agent 59

Simonson Real Estate

APRIL 27, 2020

By addressing the key areas that now take on heightened importance in current appraisal reports, Appraisers can stay relevant and viable in this ever-changing market. It is important for the appraisal to recognize COVID-19 and introduce the situation in the Letter of Transmittal. Key Language in Letter of Transmittal.

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Real Estate Appraisal Valuation Clients 78

AmeriMac

NOVEMBER 30, 2023

Commercial Real Estate Appraisal is a crucial process that helps determine the value of commercial properties. In this blog, we will take you through everything you need about commercial real estate appraisal, from defining the term and understanding its importance to exploring the different types of commercial properties that are appraised.

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Appraisal Real Estate Appraisal Process Inspection 36

AmeriMac

APRIL 30, 2023

Getting your house appraised may seem like a daunting task. 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.

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Appraisal Valuation Appraisal Process Renovations 36

Portland Appraisal Blog

AUGUST 8, 2020

“Why is an appraiser asking me about an old comp?” ” Since this question keeps popping up, I thought it might be helpful to address it with a blog post. So, it’s understandable why an agent might be skeptical about an appraiser querying them about a sale they closed over a year ago or, sometimes, a few years ago.

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Appraisal Bracketing Lending Agents 78

Real Quantum

APRIL 13, 2021

What Does a Commercial Real Estate Appraiser Do? W hen people think of appraisers they usually think of residential appraising. Most people’s only experience with an appraiser is when they buy a home. The role of commercial real estate appraiser may not be as well-known, but they have many similarities.

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Real Estate Appraisal Valuation Construction 69

Portland Appraisal Blog

DECEMBER 7, 2018

As I mention in the bio for this blog, one of the most influential individuals in my professional development as an appraiser is George Dell. He is a nationally recognized valuation expert who teaches a method he calls “ Evidence Based Valuation ©.” One such tool is the programming language R.

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Appraisal Tools Valuation Development 78

Clear Capital

NOVEMBER 14, 2022

How do you feel when an appraisal revision request pops up in your inbox in the morning? You already painstakingly checked your appraisal report the previous night before hitting ‘send’ and now you’re on your screen the next day, making revisions to the same report under a tight deadline! . How to prevent appraisal revision requests.

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Appraisal Lending Bracketing Appraisal Process 69

McKissock

SEPTEMBER 1, 2020

In the past two blog posts in this series, I discussed the pros and cons of complex appraisal assignments and why today’s residential appraiser may want to consider specializing in “odd” or “atypical” assignments. The examples given in the last post were about “the property to be appraised” being atypical. Get the guide!

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Appraisal Land Lease Valuation Real Estate 61

Appraisal Today

MAY 19, 2023

Chat GPT For Fannie Form Appraisal Reports By Dustin Harris Excerpts: The world of real estate appraisal is constantly evolving (much to our dismay sometimes), and as professionals in this field, it is crucial to stay ahead of the curve by embracing innovative tools and technologies. The answer is, Yes! Nothing wrong with that.

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Appraisal Business Contracts Real Estate 52

Real Quantum

SEPTEMBER 27, 2021

Time to End the Tyranny Of Spreadsheets in Commercial Appraisal. This is a tool that everyone has access to and has become very handy for all kinds of things other than accounting. This is a tool that everyone has access to and has become very handy for all kinds of things other than accounting. I prefer a related metaphor.

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Appraisal Tools Valuation Real Estate 36