Appraisal Buzz

APRIL 19, 2022

Appraisal management companies (AMC’s) and appraisers can receive ANSI-compliant 2D floor plans with GLA calculations and a complete 3D tour of the interior and exterior, including street view shots, within 24 hours.

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Appraisal Hub

MARCH 5, 2021

If speed is an important factor for your next commercial property transaction, then you need a property appraiser that works fast. But even the most efficient appraisal firms can’t do their jobs if clients don’t provide the information they need. If the appraisal company asks you a question; respond as fast as you can.

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The Robert Weiler Company

APRIL 12, 2023

If the property owner disagrees with the appraisal by the county, they have two options for fighting the valuation: Option #1: Informal Value Review The first wave of valuations is typically delivered to the property owners in August. > Related Tip: Are you considering selling the property you’re reappraising?

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Housing Wire

MARCH 3, 2021

In a statement , the Appraisal Foundation’s Appraisal Standards Board Chair Wayne Miller said “pressing issues” have arisen in appraisals over the past year, ranging from concerns about fair housing matters to how to conduct a socially distanced property inspection in the midst of COVID-19.

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Appraisal Hub

JANUARY 11, 2021

So if you are considering a commercial real estate appraisal in Toronto, be sure to have it done by an experienced property appraiser. You can’t go wrong with one of those established appraisal firms that have an extensive track record of providing their services to discerning commercial real estate owners.

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Cleveland Appraisal Blog

MAY 26, 2023

The opposing side in one of the cases required that a new valuation be completed by a state-certified appraiser. In the other case, my client’s attorney recommended having their marital property appraised. But the owner felt that a real estate agent could do the same type of valuation as an appraiser.

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Empire Appraisal Group

OCTOBER 5, 2023

What is a Date of Death Appraisal? A date of death appraisal, also known as a “valuation as of the date of death” is a type of real estate or personal property appraisal that determines the fair market value of assets as of the date a person passed away.

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Appraiserblogs

MARCH 17, 2021

Valuation Legal warned us about this back in December: Appraiser and AMC Laws to Include Prohibitions Against Discrimination. Prior to the initiation of a residential property appraisal, a holder of a license or certification under P.L.1991, From Bill A5185: 2. 45:14F-1 et seq.) or registration under P.L.2017, 45:14F-27 et al.)

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Housing Wire

FEBRUARY 24, 2023

I hear these phrases quite often when it comes to product and software development, but I think they apply very well to solving complex problems like transforming the property appraisal process to work better for every stakeholder. Like any good product exercise, we need to define the pain points before we talk about solutions.

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The Robert Weiler Company

SEPTEMBER 16, 2021

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. Residential vs. Commercial Property Appraisal and Their Differing Review Process.

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Housing Wire

JULY 29, 2021

The Property Appraisal and Valuation Equity task force will deliver a report to Biden within six months to describe the “extent, causes, and consequences of undervaluing of properties,” a HUD official told HousingWire. In that role, Rice also leads the administration’s effort to advance racial justice and equity.

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Housing Wire

JANUARY 10, 2023

Property Appraisal. I would be remiss not to choose appraisal as the first area that desperately needs action. The most groundbreaking aspect of GSE appraisal modernization that gets overlooked is that there is now a tech-driven data standard for how a home should be documented in support of an appraisal.

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Housing Wire

AUGUST 22, 2022

Until it was too late, the loan officer never informed the couple that under loanDepot’s policies, they had 60 days to formally appeal the appraisal, the suit alleges. In June 2021, the Biden administration created the Interagency Task Force on Property Appraisal and Valuation Equity.

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Boston Appraisal

MARCH 18, 2024

Tax Disputes : Property owners challenging their tax assessments, whether for year property taxes or estate and probate taxes, rely on appraisers. Eminent Domain Cases : When government entities acquire private land for public use, appraisers determine just compensation for property owners.

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Housing Wire

APRIL 8, 2021

Get pre-approved to show you mean business: Consider obtaining a pre-approval for a mortgage from a lender by the time you reach the offer stage, as this document can play a key role in the negotiation process. In high-demand areas, escalation clauses should be considered. In an extremely competive market?

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McKissock

NOVEMBER 24, 2022

Things to Consider when Appraising Rural Residential Properties Appraisals of rural residential properties do not conform to the typical mortgage lending underwriting expectations of urban and suburban residential properties.

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Housing Wire

OCTOBER 10, 2023

Property appraisal information Detailed outline or description of each property. These details are more relevant and appropriate in an appraisal. This gives your clients an option to review or scan the document and prepare questions if needed. CMA reports are simple and effective tools.

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AmeriMac

NOVEMBER 30, 2023

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. A certified appraiser can provide an opinion of value for office buildings.

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Magnusson Group

MARCH 2, 2021

Without documentation, you may be in for a battle. The post Complimentary Appraisal Day- March 9th appeared first on Magnusson Group | Estate Sale | Personal Property Appraisal | NJ. Underwriters will pay upon proof of Photograph & cataloging. Complementary Zoom consultations available to discuss/see your project.

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McKissock

DECEMBER 28, 2021

Another content and curriculum manager at McKissock, Dan Bradley, warns that three major unknowns face the appraisal profession for 2022: the PAVE (Property Appraisal and Valuation Equity) task force ; inflation and interest rates; and property values/market conditions. Major unknowns in the coming year.

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Cleveland Appraisal Blog

JULY 6, 2022

.” It then goes on to make an interesting comment: “An appraiser’s inspection is typically limited to those things readily observable without the use of special testing or equipment … An inspection by an appraiser is not the equivalent of an inspection by an inspection professional (e.g., I wish I had it then.

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D Fritz Appraisals

AUGUST 12, 2019

Understanding the differences between an appraisal and an inspection will help you understand when you might need one or the other – or both – before you buy your first home. Let’s explore the similarities and differences between a home inspection and a home appraisal. What Is a Home Appraisal? What Is a Home Inspection?

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Magnusson Group

JULY 22, 2021

Our sessions examine historical documents, autographs, photographs, a publishing company’s archive, prints and printmaking. Texas appraiser, Genice Lee , will be Telling Untold Stories about appraising African American Historic Collections including material culture, photography and documents from the Johnson Publishing Company archives.

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AmeriMac

APRIL 30, 2024

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. The report serves as an official document that provides an objective assessment of the property’s market value.

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Birmingham Appraisal

JUNE 21, 2023

Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for real estate agents to navigate the appraisal process effectively.

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The Robert Weiler Company

OCTOBER 15, 2021

Tip #5: Hire a professional Ohio real estate appraiser to assess the Columbus, Ohio commercial property for sale before signing. In addition to hiring an attorney, assemble a team of experts, particularly professional commercial property appraisers to assess the property prior to signing.

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Quicken Loans

JUNE 10, 2021

Prepare Your Documents. Keep in mind that you won’t need all of this documentation to get your loan preapproved. Let’s break down the documents you should prepare for your mortgage application. Documentation of your current mortgage. Get The Property Appraised. Receipt of gifted funds. 2 years of W-2s.

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Clear Capital

FEBRUARY 23, 2024

If it is not highlighted by the lender, the appraiser should review the income and resale restrictions in the purchase contract, and notify the lender before completing the order that it is a shared equity property. The contract will also likely reference a second document, either a deed restriction or a ground lease.

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Realvals

JUNE 18, 2023

By getting an appraisal, you can substantiate your claims and provide evidence to support your position. It’s not uncommon for property owners, insurance companies, or tax authorities to have contrasting opinions on the value of a property. While not completely necessary, it can help you in a one valuable way.

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East Coast Appraisal

FEBRUARY 28, 2022

Then, property appraisals are an opportunity for an appraiser to check your home's quality, condition, amenities, location, and other special features that affect its value. Read on to learn some of the key areas appraisers investigate in a home appraisal.

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Appraisal Partners Blog

OCTOBER 28, 2019

The first thing you need to do to begin the process of getting a property appraisal is fill out our online order form. This just allows us to gather the basic information we need about you and your property before finding the appraiser that can carry out the appraisal for you. The Appraisal is Carried Out.

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Clear Capital

JUNE 21, 2022

In addition to the Fannie Mae and Freddie Mac focus on appraisal bias, federal banking regulators and the Consumer Financial Protection Bureau (CFPB), all of whom are on the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE), continued their work to examine requirements around AVM development and use.

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Appraisal Partners Blog

DECEMBER 27, 2019

Hiring someone to give you an independent appraisal will cost you upfront but is likely to save you longterm. A property appraiser will arrive at your home and inspect the house. . Ensure that all of your documents and photos have been photocopied before you submit anything. .

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East Coast Appraisal

OCTOBER 19, 2021

Whether you are buying, refinancing, or simply insuring a home or piece of property, a home appraisal is an important document in the process that you need to understand. Here are six key words and phrases that you should be familiar with before your next appraisal.

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Birmingham Appraisal

FEBRUARY 28, 2023

Providing information about updates or renovations can help the appraiser estimate effective age more accurately which will have a positive effect on the final opinion of value. As an appraiser, I rely on accurate and complete information to make an objective assessment of the property.

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Walitt Solutions

MARCH 29, 2020

Go to the Model Documents webpage. ” The model certification documents require the usage of 1004, 1073, 1025, 1004C. ” The model certification documents require the usage of 1004, 1073, 1025, 1004C. USDA (RD) Appraisals. From the notice: “Exterior-Only Appraisal.

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Boston Appraisal

JUNE 24, 2019

Sometimes, appraisals do not reflect the perceived value of these improvements, to the dismay of building owners. This is due in part to the fact that, to establish the market value of a property, appraisers must present in their report comparables with similar features to support the opinion of value.

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