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A Few Surprising Factors That Can Affect Property Appraisals

Appraisal Hub

But did you know that there are many other elements that can help you get a higher appraisal? Proximity to schools – A property that is close to a busy and reputable school zone is likely to be valued higher. These are just some of the surprising factors that could have an impact on your property appraisal in Toronto.

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Appraisal Inspection vs. Home Inspection

Chicagoland Appraisal Blog

Licensed real estate appraisers may not provide property condition comments for compensation as a substitute for a home inspection or home inspection report prepared by a licensed home inspector. ” Did I leave anything out or do you want to join the conversation? Let me know in the comments below.

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How to Become a Supervisory Appraiser

McKissock

Steps to become a supervisory appraiser Step 1: Meet the requirements Make sure you meet the minimum supervisory appraiser requirements outlined in The Appraisal Foundation’s Real Property Appraiser Qualification Criteria as well as any additional state requirements that may apply.

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Everything You Need to Know About the National Uniform Licensing and Certification Exam

McKissock

The requirements are summarized in the following table: Real property appraiser qualification criteria. Hours required include specific curriculum courses and hours — please see the Real Property Appraiser Qualification Criteria for details. What’s on the exam? Certified Residential Examination: 4 hours.

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Appraisal Inspection Vs. Home Inspection: Your Role as an Appraiser

McKissock

No matter how the appraisal inspection appears to the uninitiated, it is not the equivalent of a home inspection. An appraiser is required to observe the subject property and the surrounding area for certain factors which affect the subject property. Instead, the words “observe” and “observation” are used.

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OK to average adjusted comps on appraisals?

Appraisal Today

The process took several years of securing building permits, and the house was completed in 2015. Because of local building regulations, reconstructing a property identical to this one would not only be expensive but nearly impossible. When to Get Property Appraised When Someone Dies? The four-bedroom, 4.5-bath

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Cybersecurity Concerns Appraisers Should Know

Appraisal Buzz

In 2019, Australian bank customers experienced a massive industry-wide data breach that was tied directly to a property valuation firm, potentially impacting anyone who had home appraisals conducted by the company between 2015 and 2018. Why is this such a big deal for appraisals?

Appraisal 243