Housing Wire

NOVEMBER 17, 2022

Home value inequalities are the result of appraisal practices that elevate White spaces as the most valuable,” the report said. Korver-Glenn and Howell said that dating back to 2013, homes in white neighborhoods have been appraised as being worth $371,000 more, on average, than homes in white neighborhoods.

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Appraisal Valuation Modernization Property Appraisal 306

Chicagoland Appraisal Blog

MARCH 9, 2024

Providing real estate appraisal services since 1999 with an array of experience in property appraisals that includes Divorce, Estate, Bankruptcy, Tax Appeals, Pre-Listings, Pre-Purchase, FSBO and more. .” Did I leave anything out or do you want to join the conversation? Let me know in the comments below.

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Inspection Appraisal Real Estate Property Appraisal 136

Cleveland Appraisal Blog

MAY 26, 2023

Because in both instances, they first had their homes valued by real estate agents, not appraisers. 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.

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Appraisal Real Estate Agent Real Estate Agents 302

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. So let’s embrace the progress in front of us, and not hold up the good for the perfect.

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Appraisal Process Appraisal Reconsideration of Value Valuation 298

Housing Wire

JUNE 14, 2022

Fannie Mae and Freddie Mac’s equitable housing finance plans further expand non-traditional property appraisals, which sometimes rely on property tax information, data collected by third parties, or algorithms to assess a property’s value. Both GSEs argue that these approaches advance equity.

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Appraisal Valuation Inspection Law 287

Housing Wire

APRIL 13, 2021

year-over-year increase in home values. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. And all of those prospective homeowners flocking to the city are fighting for the same small pool of houses.

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Housing Market Buyers Marketing Real Estate Agent 532

Housing Wire

JANUARY 10, 2023

Property Appraisal. I would be remiss not to choose appraisal as the first area that desperately needs action. Homeowners should have direct access to accurate home value and equity data so they can make wise financial decisions. Let’s explore three areas that exemplify the need for action-oriented behavior.

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Modernization Finance Appraisal Valuation 340

East Coast Appraisal

MARCH 16, 2023

Increase Usable Square Footage Extra usable space in an existing home might increase your home's financial appeal as property appraisers base home values on the proportion of livable square feet they include. Also, update your insulation and add home chargers for electric vehicles.

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Appraisal Renovations Home Value Inspection 52

Housing Wire

MAY 27, 2022

According to a study published by Oxford Academic Journals in 2020, modern appraisal techniques using sales comparisons and neighborhood comparisons actually perpetuate racial inequality, and in some cases exacerbate it, citing that the sales comparison approach preserves historical racial bias in today’s home values.

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Appraisal Valuation Technology Modernization 332

Empire Appraisal Group

NOVEMBER 22, 2023

Chief Appraiser Profile: Having graduated from Florida Atlantic University, Daniel holds both a Florida Certified Residential Appraiser License (RD5174) and a Florida Brokers License (BK3161921). He has been appraising real estate since 2003 and has successfully completed over 10,000 residential property appraisals.

Marketing 78

Marketing Real Estate Clients Realtors 78

AmeriMac

JANUARY 30, 2024

It’s noteworthy that appraisal management companies play a vital role in conducting the appraisal process accurately and ethically by providing licensed appraisers. Moreover, the reverse mortgage appraisal report, reflecting the current home value, significantly aids in the loan application process.

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Appraisal Process Mortgage Appraisal Appraisal Mortgage 36

Empire Appraisal Group

NOVEMBER 9, 2023

Chief Appraiser Profile: Having graduated from Florida Atlantic University, Daniel holds both a Florida Certified Residential Appraiser License (RD5174) and a Florida Brokers License (BK3161921). He has been appraising real estate since 2003 and has successfully completed over 10,000 residential property appraisals.

Marketing 78

Marketing Real Estate Clients Realtors 78

East Coast Appraisal

FEBRUARY 28, 2022

If you plan to refinance or sell your home, you should first determine its fair market value. 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.

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Appraisal Renovations Home Value Construction 52

D Fritz Appraisals

NOVEMBER 9, 2019

Mortgage refinancing involves having your existing mortgage re-evaluated so that you can borrow additional funds (access your home equity) from your lender to put towards a second property, or spend however else you’d like. Here are 5 things you should know about getting your home appraised to access your home equity.

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Property Appraisal Appraisal Real Estate Investing 78

Chicagoland Appraisal Blog

FEBRUARY 28, 2018

Providing real estate appraisal services since 1999 with an array of experience in property appraisals that includes Divorce, Estate, Bankruptcy, Tax Appeals, Pre-Listings, Pre-Purchase, FSBO and more. Do you want to know what is happening in your market? Let me know in the comments below.

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Appraisal Tips Appraisal Property Appraisal Inspection 78

Chicagoland Appraisal Blog

JANUARY 26, 2017

Providing real estate appraisal services since 1999 with an array of experience in property appraisals that includes Divorce, Estate, Bankruptcy, Tax Appeals, Pre-Listings, Pre-Purchase, FSBO, IRS Tax Purposes, Elder Care Planning and more. Did I leave anything out or do you want to join the conversation?

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Property Appraisal Real Estate Appraisal Realtors 78

Clear Capital

FEBRUARY 23, 2024

When the subject property is not a shared equity property, but recent sales might be Shared equity sales below market value should not affect the future appraised values of nearby properties. The post How to support credible valuations for shared equity programs appeared first on ClearCapital.com, Inc.

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Valuation Market Value Contracts Appraisal 36

Eppraisal

FEBRUARY 20, 2024

Landscaping and Outdoor Spaces Beautiful landscapes and exterior features accompanying historic homes necessitate constant oversight. Tidy lawns, trimmed hedges and controlled weeds create pleasant surroundings and raise property appraisals.

Architecture 36

Architecture Inspection Renovations Modernization 36

Chicagoland Appraisal Blog

MARCH 14, 2017

Providing residential real estate appraisal services since 1999 with an array of experience in property appraisals that includes Divorce, Estate, Bankruptcy, Tax Appeals, Pre-Listings, Pre-Purchase, FSBO, IRS Tax Purposes, Elder Care Planning and more. Did I leave anything out or do you want to join the conversation?

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Appraisal Real Estate Property Appraisal Loan Officers 78

Birmingham Appraisal

AUGUST 30, 2023

Inaccurate Property Information: Incorrect property information in public records can lead to inaccurate appraisals. Ensure that the appraiser has access to accurate data about your property. It is up to the homeowner to make sure the information is accurate.

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Appraisal Appraisal Process Renovations Market Value 82

Chicagoland Appraisal Blog

JULY 13, 2017

Providing real estate appraisal services since 1999 with an array of experience in property appraisals that includes Divorce, Estate, Bankruptcy, Tax Appeals, Pre-Listings, Pre-Purchase, FSBO and more. Did I leave anything out or do you want to join the conversation? Let me know in the comments below.

Appraisal 78

Appraisal Marketing Realtors Real Estate 78

Realtor

AUGUST 7, 2019

Furthermore, a lender isn’t likely to even accept your appraisal for its purposes; the lender will want to choose the appraiser to ensure it’s a truly unbiased third party assessing the property.

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Sellers Appraisal Market Value Real Estate Agent 111

Empire Appraisal Group

MARCH 31, 2022

Just eight houses west of the Intracoastal waterway, the property changed ownership twice in early 2021. It sold in January for $500,000, and then again in March for $768,750, according to Palm Beach County Property Appraiser records.

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Design Architecture Realtors Development 78

Realtor

AUGUST 7, 2019

Furthermore, a lender isn’t likely to even accept your appraisal for its purposes; the lender will want to choose the appraiser to ensure it’s a truly unbiased third party assessing the property.

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Sellers Appraisal Market Value Real Estate Agent 78

D Fritz Appraisals

MARCH 7, 2019

To learn more about the appraisal process and what appraisers look for when they visit your property, contact D. Fritz Appraisals – your Victoria, BC property appraisal experts servicing Vancouver Island and the Gulf Islands.

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Renovations Appraisal Real Estate Agent Buyers 78

Appraisal Today

JUNE 23, 2023

The proposed rule supports our work as a member of the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) to promote accurate appraisals, rather than ones computed by models where bias is baked into the equation. Inaccurate or biased algorithms can lead to serious harm.

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Appraisal Real Estate Valuation Contracts 86

The Robert Weiler Company

OCTOBER 15, 2021

In Columbus, many commercial real estate owners are excited when asking the question, “What’s my commercial property worth?”. Consider this: According to Crain’s Chicago Business, Columbus saw the most substantial increase in total home value in the country. A recent change by the U.S.

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Investing Real Estate Tenants Investors 138

Appraisal Today

APRIL 14, 2023

5 Resources to Help You Avoid Appraisal Errors and Violations As busy real estate appraiser, both your time and your professional reputation are extremely valuable. While most common appraisal errors are minor and won’t result in disciplinary action, even small mistakes take time to correct and therefore slow down your process.

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Zillow

JULY 11, 2016

Do your homework "Just like anything else - for example, if you’re going to select a doctor, dentist, or lawyer - you do your homework to find out the appraiser's market knowledge of the area," says Orange County (FL) Property Appraiser Rick Singh. It's also crucial to hire an appraiser who is state certified.

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Appraisal Decorating Sellers Appraisal Process 36

Appraisal Today

JUNE 17, 2022

Excerpt: We continue to see claims alleging that the rural property appraiser failed to adequately identify or report details surrounding a water source. In one claim, the appraiser correctly noted that the property was serviced by a “private water well.” Some still include them in their appraisal reports today.

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Appraisal Contracts Real Estate Mortgage 52

PennyMac

JUNE 28, 2022

This cost will depend on how much your insurance will cost per month, but it’s usually about $35 for every $100,000 in home value. If you’re buying a house built before 1979, you run the risk of lead-based paint in the home. Lead can cause many health problems, and it can be dangerous to have in your home.

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