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5 Things To Consider When Getting A Hybrid Appraisal

Birmingham Appraisal

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 the training of the property inspector?

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2024 USPAP For Appraisers

Appraisal Today

Next month’s newsletter will have a lengthy article on the issues of the property inspector. I wonder how well the GSE AI works on rural appraisals, “one of a kind” properties, no permits, Highest and Best Use issues, and many more. The post also helps appraisers understand why and how agents use outliers to price their homes.

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5 Things You Need to Know About Real Estate Disclosures

Zillow

In most parts of the country, sellers (and agents) are required to document any known defects - whether current or past - to potential buyers. But some sellers don’t play by the rules and will try to get one past a buyer. What do sellers disclose to potential buyers? Is a disclosure the same as an inspection?

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Common USPAP Appraiser Violations

Appraisal Today

The data won’t be limited to what is gathered by property inspectors; however, appraisers’ data will also be in that mix. The owner actually built it himself, and he did not miss a beat when he built this,” explains the listing agent, Louise James. Ditto the floor plan. The house on S.E. percent the previous week.