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Appraisals – Check the Water Source!

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. Include graphs and charts in your appraisal to show your clients what is happening now and why they need human appraisers. . USPAP and the Contract.

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

An AMC can offer different levels to their clients, depending on how much reliability their lender customers want or need. I never had more than one assistant and no appraisers after that, and finally quit doing lender residential appraisals in 2005. The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.62

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What is Your Appraiser Level? Why Does It Make a Difference?

Appraisal Today

Those appraisers who built strong relationships with their AMC and lender clients, who returned phone calls promptly, never “went dark” with their clients, always turned their assignments in on time (or early) — they are the ones who are still getting orders even when times are slow. In the early 1990s, my market crashed.

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Desktop Appraisals: Who, When, and Why

Appraisal Today

Insurance purposes: Lenders or other clients may order desktop appraisals for insurance purposes to determine the property’s replacement cost or insurable value. 40 acre lot, Built in 2005 “The village of Highlands is some of the most expensive real estate in the Carolinas,” Jackson (listing agent) says. baths, 14,450 sq.ft.,

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Appraisers and Property Data Collectors

Appraisal Today

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference. If I survived this, you can survive also!

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Appraisers: What should you have in your car?

Appraisal Today

Architect Adam Dayem designed the unique 2,500-square-foot residence, which was completed in 2017 after several years of construction. My comment: If you appraise new construction or are interested in the trends, subscribe to their email updates on the upper right side of the web page. 2,500 sq.ft., three bedrooms, and two bathrooms.

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Tips on appraising new construction homes

Appraisal Today

6 Tips for Appraising New Construction Homes. Excerpts: New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. VA is the best lender client.