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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. What has your experience been navigating the appraisal process? Contact him today!

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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.

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What Is Appraisal Creep When It Comes To Real Estate?

AmeriMac

Experts looked at more than 8,500 houses that Fannie Mae had foreclosed upon between 2012 and 2015. Each house had at least two appraisals done roughly six months apart. Essentially, those appraisers knew what target they were trying to hit so they did – regardless of what it required them to do to get there.

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What Is Appraisal Creep When It Comes To Real Estate?

AmeriMac

Experts looked at more than 8,500 houses that Fannie Mae had foreclosed upon between 2012 and 2015. Each house had at least two appraisals done roughly six months apart. Essentially, those appraisers knew what target they were trying to hit so they did – regardless of what it required them to do to get there.