Miller Samuel

NOVEMBER 30, 2018

One group not explicitly mentioned in the petition but impacted down the road are real estate agents and brokers. Those are "PiW" loans or have a "Property Inspection Waiver." Years ago and again this morning, I heard a real estate agent say - what do we need you (appraisers) for?

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Appraisal Inspection Real Estate Agent Agents 300

Cleveland Appraisal Blog

APRIL 21, 2022

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value.

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Market Value Appraisal Agents Real Estate Agent 350

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

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Real Estate Agent Real Estate Agents Sellers 69

D Fritz Appraisals

MAY 13, 2024

The initial phase involves conducting a thorough inspection to identify any necessary repairs or improvements that could increase the property’s value and attractiveness. Additionally, it is important to ensure that all systems, including heating, plumbing, and electrical systems, are in working order to pass home inspections.

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Real Estate Buyers Sellers Appraisal 116

Housing Wire

MAY 25, 2021

In these scenarios, no inspection or appraisal of any kind is performed on the property. As an alternative, Clear Capital believes it would be more prudent to use a standalone property data collection process, then use that timely information about the property to determine if a desktop appraisal may be needed. Poor data visibility.

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Appraisal Valuation Real Estate Modernization 313

AmeriMac

DECEMBER 30, 2023

We will also discuss what happens if an REO appraisal is low and how it impacts property value. Lastly, we will compare REO appraisals to home inspections and answer whether they are mandatory for all property transactions. Accurate appraisals are vital for facilitating smooth real estate transactions.

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Real Estate Appraisal Inspection Appraisal Process 36

Birmingham Appraisal

SEPTEMBER 15, 2022

I would like to do my part by informing and educating you on the appraisal part of the transaction. Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. Appraisal vs Home Inspection.

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Appraisal Inspection Appraisal Process Real Estate Agent 93

Appraisal Hub

MAY 17, 2023

Mistake #2: Forgetting to factor in the selling costs Most first-time home sellers think they don’t have to worry about additional expenses when selling a house, only to be surprised by closing costs, agent commissions, home inspection repairs, and staging costs.

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Inspection Property Taxes Real Estate Agent Buyers 78

Eppraisal

SEPTEMBER 8, 2023

While AVMs can be a useful tool for getting a ballpark estimate of a property's value, they have limitations and may not always provide a precise estimate of the property's true market value. "Consumer Our though process being, the more information a consumer has, the better their ability to make a sound decision.

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Real Estate Agent Inspection Real Estate Agents 36

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 89

Eppraisal

JUNE 20, 2023

Now that you've assessed your financial readiness, obtained a pre-approval for a mortgage, and engaged a real estate agent, it's time to dive into the exciting process of researching and finding your dream home. In the first blog of our series, we covered the basics of preparing yourself for buying your first home.

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Real Estate Agent Open Houses Real Estate Inspection 36

D Fritz Appraisals

OCTOBER 11, 2022

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market.

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Appraisal Inspection Property Taxes Easement 105

Cleveland Appraisal Blog

JANUARY 13, 2022

A homeowner or agent may appear to exaggerate information they share about a home. By the way, if you’re a real estate agent, you no doubt have experienced these same issues with some that you work with or work for. At times, I suffer from moments of skeptical thinking. This does not happen all of the time.

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Appraisal Inspection Clients Real Estate 221

Realvals

JULY 27, 2022

The appraiser will reach out to schedule the inspection with the real estate agents, who will facilitate the inspection on the seller’s behalf. . The appraiser will then take the inspection information back to their office and use it to write the appraisal report. .

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Appraisal Inspection Real Estate Buyers 78

Birmingham Appraisal

SEPTEMBER 28, 2022

As a buyer, seller, or real estate agent involved in a sales transaction it’s important to be aware of changes in how things are done that may affect you. The data collection is done by a third-party data collector, who could be a real estate agent or someone else. What Is A Hybrid Appraisal?

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Appraisal Property Inspector Training Real Estate Agent 59

Clear Capital

APRIL 30, 2024

In this second part, we’ll discuss how to meet interagency guidelines for property valuation while expediting underwriting by using ClearAVM + Property Condition Inspection (PCI). Property Condition Inspections provide rapid updates on residential and commercial properties from experienced and trained professionals.

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Valuation Inspection Lending Real Estate Agent 28

Genworth MI Blog

JULY 13, 2023

Lenders are able to mitigate risk by staying informed, undoubtedly, but they’re also providing their borrowers with the knowledge that they’ll need to help them achieve the dream of homeownership. Let’s explore how from the lens of David Foster, Enact’s Senior Real Estate Appraiser. This is true for appraisals, too.

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Appraisal Inspection HOA Real Estate 78

Realtor

MARCH 7, 2023

The main criterion is that the home’s market value may not exceed the USDA’s applicable area loan limit. ” In some cases, experts advise it might be wise for a potential homebuyer to pay to have a home inspection done prior to the official appraisal.

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Inspection Appraisal Market Value Finance 111

Robinson Appraisal Group

JULY 18, 2019

However, a hybrid appraisal includes an exterior observation of the property, sometimes including an interior inspection by a third-party: this third party inspection could be done by a real estate agent, a property inspector or even another real estate appraiser.

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Appraisal Inspection Property Inspector Valuation 78

Genworth MI Blog

JULY 16, 2020

Recently, Desktop and Drive-by appraisals (no interior inspection by the appraiser) temporarily replaced some interior inspection appraisals as a necessary response to health risks and quarantine orders related to the COVID-19 pandemic. What are some of the fraud risks with borrower-supplied photos?

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Appraisal Inspection Real Estate Agent Market Value 78

Birmingham Appraisal

FEBRUARY 8, 2023

For the record, I will state that the goal of every appraisal is to estimate the market value of a home, usually for lending purposes. Whenever an appraisal waiver is used a traditional appraisal is not utilized to determine the market value of the assets the bank will be lending on.

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Realtors Appraisal Market Value Real Estate Agent 80

McKissock

JULY 6, 2022

Real estate transactions are similar to putting together a jigsaw puzzle. One of the main responsibilities of a real estate agent is to effectively organize all the competing interests of a transaction (or pieces of the jigsaw puzzle). Agents should prepare a full seller-net sheet for their sellers.

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Clients Real Estate Contracts Sellers 87

D Fritz Appraisals

MARCH 16, 2021

Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property.

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Appraisal HOA Easement Valuation 126

Cleveland Appraisal Blog

AUGUST 11, 2022

Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view. Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer. For some homeowners, this might be a completely legitimate option.

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Renovations Buyers Appraisal Investing 221

Genworth MI Blog

JULY 16, 2020

Recently, Desktop and Drive-by appraisals (no interior inspection by the appraiser) temporarily replaced some interior inspection appraisals as a necessary response to health risks and quarantine orders related to the COVID-19 pandemic. What are some of the fraud risks with borrower-supplied photos?

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Appraisal Inspection Real Estate Agent Market Value 84

PennyMac

OCTOBER 10, 2023

For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property. They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report.

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Appraisal Real Estate Agent Renovations Home Value 69

Raleigh Realty

AUGUST 27, 2021

How Do I Know If My Real Estate Agent Is The Right Fit For Me? Much like buying a home, choosing a real estate agent is not something that should be taken lightly. So what are some of the ways you can go about finding a real estate agent?

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Real Estate Agent HOA Real Estate Agents 78

Quicken Loans

JUNE 8, 2021

Here’s a closer look into how to buy a foreclosed home and the information you need to make the process as simple as possible. But if you work with a real estate agent who understands your local foreclosure market, the stress shouldn’t be much higher than during a traditional home buy. How To Buy A Foreclosed Home.

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Real Estate Agent Inspection Government Real Estate 72

Birmingham Appraisal

AUGUST 8, 2023

Well, here’s a secret tip that can give you a competitive edge in the real estate market: Consider getting a pre-listing appraisal before putting your home up for sale. Set it too low, and you may lose out on the true value of your property. Set the price too high, and you risk scaring away potential buyers.

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Appraisal Buyers Real Estate Investing 78

Housing Wire

JANUARY 3, 2023

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect. A fundamental change.

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Modernization Real Estate Agent Reconsideration of Value Appraisal Process 74

AmeriMac

APRIL 15, 2024

A home appraisal is a professional estimate of a home’s value and plays a crucial role in determining the market value of the property. Understanding Home Appraisals A home appraisal is an official estimate of the fair market value of a home conducted by a licensed and impartial professional appraiser.

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Appraisal Appraisal Process Real Estate Renovations 36

Appraisal Today

OCTOBER 20, 2023

The inspection was uneventful. I was given a lockbox combination and inspected the vacant home. I have redacted the areas that could reveal sensitive information. The lender may also contact the In-Plant Primary Inspection Agency or the manufacturer for the HUD Data Plate information. This approximately 900sf, 1.5

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Appraisal Design Contracts Inspection 71

AmeriMac

JANUARY 15, 2024

Understanding the role of a home appraiser, the importance of a home appraisal, and the factors to consider when choosing an appraiser are key to making an informed decision. A home appraiser is a qualified professional who evaluates the value of a property. They use analytical programs to determine the value of your home.

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Appraisal Appraisal Process Valuation Real Estate 36

Appraisal Today

APRIL 12, 2024

Desktop Appraisals: Who, When, and Why Excerpts: The ability to identify property characteristics without a personal inspection is not a new concept. Tax Appeal Support: When there is a challenge to a tax assessment, a desktop appraisal may be used to provide a current market value. Thanks to Tom for writing this blog post.

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Appraisal Construction Contracts Architecture 77

The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser.

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Real Estate Appraisal Property Appraisal Valuation 60

Zillow

JULY 15, 2019

This lexicon of real estate terms and acronyms will help you speak the language like a pro. Appraisal : An informed, impartial and well-documented opinion of the value of a home, prepared by a licensed and certified appraiser and based on data about comparable homes in the area, as well as the appraiser's own walkthrough.

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Real Estate Agent Insurance Inspection Buyers 56

McKissock

OCTOBER 13, 2020

Q: “What are methods to determine the value of my home?”. A Comparative Market Analysis (CMA) : An informal evaluation that determines the market value of a property by comparing it to similar properties in the same area. Q: “What factors can influence the value of my home?”. Home inspection fees.

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Clients Advertising Real Estate Market Value 84