Empire Appraisal Group

JULY 1, 2021

5 Appraisal Topics Every Agent Should Know. Source: 5 Appraisal Topics Every Agent Should Know | Realtor Magazine. Appraisers are an integral part of the real estate sales process. Interacting With an Appraiser at a Property. Agents can also explain why some sales are not comparable.

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Agents Appraisal Real Estate Realtors 78

Birmingham Appraisal

SEPTEMBER 26, 2023

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? They are, after all, real transactions that have taken place within the market.

Real Estate Agent 86

Real Estate Agent Real Estate Clients Agents 86

Birmingham Appraisal

SEPTEMBER 15, 2022

If the bank uses a waiver it is still a good idea for the borrower to obtain an appraisal of their own to make sure that they are not paying more than the home is worth. Appraisal vs Home Inspection. As you can see, there are major differences between home appraisals and home inspections and both are very important.

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Appraisal Inspection Appraisal Process Real Estate Agent 90

McKissock

JULY 27, 2021

Many survey respondents emphasized the importance of making sure your work is as detailed and well-supported as possible—by means of careful comparable selection and analysis, thorough documentation, and clear explanation of why the available comps do not support the contract price. ” “Market analysis and illustrations.”

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Appraisal Contracts Clients Marketing 109

Appraisal Today

JANUARY 19, 2024

Appraisers must, therefore, frame their response within the matrix of avoiding any of any and all types of biases, not merely racial biases. In addition, real estate appraisals must rid itself of the language and any practices that suggest bias in the appraisal process. In and of itself, it is not market value.

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Appraisal Contracts Real Estate Architecture 74

Appraisal Today

MAY 17, 2024

I always do market conditions adjustments (or explain why not) and for views and other factors that significantly add to value. I have never used any of the appraisal software listed above. I also interview agents to see what they say. Not for a number, but about marketability. I use Excel and MLS data.

Tools 58

Tools Appraisal Renovations Design 58

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

Appraisal Today

JANUARY 20, 2023

Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. To read more, click here My comments: It has been a while since appraisers made negative concession adjustments. What is happening in your market?

Appraisal 52

Appraisal Contracts Sellers Business 52

AmeriMac

DECEMBER 15, 2021

It’s important to understand that appraisals are ultimately designed to protect buyers from significantly overpaying for the home in question. Each house had at least two appraisals done roughly six months apart. Part of the discrepancy here comes by way of how the appraisal process works to begin with.

Real Estate 36

Real Estate Appraisal Market Value Contracts 36

AmeriMac

DECEMBER 15, 2021

It’s important to understand that appraisals are ultimately designed to protect buyers from significantly overpaying for the home in question. Each house had at least two appraisals done roughly six months apart. Part of the discrepancy here comes by way of how the appraisal process works to begin with.

Real Estate 36

Real Estate Appraisal Market Value Contracts 36

The Robert Weiler Company

OCTOBER 21, 2022

The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked. Question 6: What is the overall commercial real estate appraisal process?

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Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Today

JANUARY 5, 2024

It also has a private rooftop deck with sunset views “It’s in an area of Hither Woods that is a very hilly section of Montauk near the ocean,” says listing agent Rylan Jacka, “It’s unusual to see the ocean from most places, unless you are directly on the ocean. The average contract interest rate for 5/1 ARMs decreased to 5.71

Appraisal 76

Appraisal Contracts Legal Business 76

Lifestyle Properties of Maine

AUGUST 6, 2019

One of the most nerve wracking parts of a real estate transaction can be the appraisal process for both buyers and sellers. What is an appraisal? Why is an appraisal necessary? What if the home doesn’t appraise for the contract value? How much does it cost? Look for errors.

Real Estate 28

Real Estate Appraisal Inspection Contracts 28

Listing Spark

MARCH 15, 2022

One of the biggest differences is that the buyer does not get involved in the appraisals. In the case of the refinancing appraisal however, homeowners have the opportunity to participate, so the benefits can be great. What is the home appraisal process like? How to improve your appraised value.

Appraisal 36

Appraisal Renovations Contracts Buyers 36

Birmingham Appraisal

NOVEMBER 14, 2023

I often get asked by agents about the best way to find comparable sales when pricing a listing. Agents and appraisers are not that different in their desire to determine an accurate market value for a property. The quality of local schools is a significant factor influencing property values.

Market Value 85

Market Value Agents Appraisal Bracketing 85

Appraisal Today

APRIL 12, 2024

Home equity lines of credit (HELOCs): When homeowners apply for HELOCs, lenders may request desktop appraisals to ascertain the property’s value and determine the credit limit without requiring a full appraisal. It is written for real estate agents and has general information on appraisal at the beginning.

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Appraisal Construction Contracts Architecture 78

Realvals

JULY 27, 2022

As a real estate appraiser in California, I often hear this question, and the answer is almost always the same. It’s the client who pays for the home appraisal. Home appraisal process. The home appraisal process will differ depending on what you need the appraisal for. Private Appraisal.

Appraisal 78

Appraisal Inspection Real Estate Buyers 78

Appraisal Today

OCTOBER 6, 2023

As this property data collector thing moves along, there continues to be no legitimate reason for Fannie Mae’s motivation to push this so hard other than they want the valuation process fully automated and can pay $25 for an untrained inspector to view a home. It shows a fundamental lack of understanding of what appraisers do.

Appraisal 78

Appraisal Contracts Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

But the home appraiser could also report that the home valuation is higher—or lower—and this has ramifications for the whole deal. Below, we walk you through everything you need to know about the crucial appraisal process, and how to handle whatever appraisal results come your way. What appraisers do.

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Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

But the home appraiser could also report that the home valuation is higher—or lower—and this has ramifications for the whole deal. Below, we walk you through everything you need to know about the crucial appraisal process, and how to handle whatever appraisal results come your way. What appraisers do.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Clear Capital

SEPTEMBER 29, 2021

It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. was was sort of the gap there of appraisals coming in low, in comparison. So there’s this real estate agent — are you with me?

Sellers 69

Sellers Agents Real Estate Buyers 69

Appraisal Today

SEPTEMBER 9, 2022

Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. So, don’t say something open ended like: “the intended use is to provide a fair market value of the property.”

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Reconsideration of Value Appraisal Clients Contracts 52