Miller Samuel

NOVEMBER 30, 2018

One group not explicitly mentioned in the petition but impacted down the road are real estate agents and brokers. Those are "PiW" loans or have a "Property Inspection Waiver." If the buyer realizes they overpaid for the property, the agents are now the professionals with the bullseye on their back. Ever heard of straw buyers?

Appraisal 300

Appraisal Inspection Real Estate Agent Agents 300

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I have also worked with hundreds of real estate agents, some of whom have a good understanding of the appraisal process and some who don’t.

Real Estate Agent 77

Real Estate Agent Real Estate Agents Reconsideration of Value 77

Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

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Agents Appraisal Real Estate Agent Bracketing 86

Realtor

MAY 17, 2023

While it’s certainly true that you can let go of the anxiety of needing to show your home at any moment, you still need to cooperate with your buyer, the buyer’s agent, and the commitments made in the contract. In those cases, you or your listing agent or the buyer’s agent will need to make the home available for inspection.

Sellers 142

Sellers Inspection Contracts Property Taxes 142

Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions.

Real Estate Agent 75

Real Estate Agent Real Estate Agents Appraisal 75

Eppraisal

MAY 19, 2023

While AVMs can be a useful tool for getting a ballpark estimate of a property's value, they have limitations and may not always provide an accurate estimate of the property's true market value. This knowledge can help them provide a more accurate estimate of your home's value based on current market conditions.

Real Estate Agent 36

Real Estate Agent Real Estate Agents Inspection 36

Cleveland Appraisal Blog

DECEMBER 2, 2021

If this is the norm for the neighborhood, the size of the driveway may not have any impact on value. I find that often, driveway size does not have any major impact on market value, as long as the driveway is typical for the neighborhood. DOES THE MATERIAL THE DRIVEWAY IS MADE OF MAKE A DIFFERENCE IN VALUE?

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Appraisal Buyers Market Value Real Estate Agent 243

AmeriMac

DECEMBER 30, 2023

We will also discuss what happens if an REO appraisal is low and how it impacts property value. Lastly, we will compare REO appraisals to home inspections and answer whether they are mandatory for all property transactions. Being prepared for the appraisal value and seeking advice from a real estate agent can be beneficial.

Real Estate 36

Real Estate Appraisal Inspection Appraisal Process 36

Appraisal Hub

MAY 17, 2023

Mistake #2: Forgetting to factor in the selling costs Most first-time home sellers think they don’t have to worry about additional expenses when selling a house, only to be surprised by closing costs, agent commissions, home inspection repairs, and staging costs.

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Inspection Property Taxes Real Estate Agent Buyers 78

Eppraisal

OCTOBER 23, 2023

The other party has no obligation to respond to you, but your real estate agent can reach out to learn their motivation for declining your proposal. Your real estate agents can go back and forth multiple times until all parties agree to everything or reach an impasse. Ask your real estate agent about which title company to use.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Cleveland Appraisal Blog

OCTOBER 27, 2022

How can you prepare for the inspection? Appraisers think about previous sales and the state of the market in your neighborhood. The appraiser will provide your home’s estimated market value in writing afterward. Thank you, Betty, for sharing some great tips to help prepare a home for an appraisal inspection.

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Appraisal Inspection Buyers Advertising 384

Birmingham Appraisal

SEPTEMBER 15, 2022

Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection.

Appraisal 90

Appraisal Inspection Appraisal Process Real Estate Agent 90

McKissock

JULY 6, 2022

One of the main responsibilities of a real estate agent is to effectively organize all the competing interests of a transaction (or pieces of the jigsaw puzzle). Most agents quickly realize that “coordinating the chaos” is a major part of their role in a given transaction. As agents, we know better.

Clients 87

Clients Real Estate Contracts Sellers 87

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Finding the right agent should involve careful planning and research, but many of us just don’t know where to start. How long have you been working as a real estate agent?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Eppraisal

SEPTEMBER 8, 2023

While AVMs can be a useful tool for getting a ballpark estimate of a property's value, they have limitations and may not always provide a precise estimate of the property's true market value. "Consumer They will provide advice on staging your home, marketing it to potential buyers, negotiating offers, and more.

Real Estate Agent 36

Real Estate Agent Inspection Real Estate Agents 36

D Fritz Appraisals

OCTOBER 11, 2022

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market.

Appraisal 106

Appraisal Inspection Property Taxes Easement 106

Cleveland Appraisal Blog

AUGUST 11, 2022

Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view. Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer. For some homeowners, this might be a completely legitimate option.

Renovations 221

Renovations Buyers Appraisal Investing 221

Realtor

AUGUST 7, 2019

If a buyer needs a loan to purchase your home, the lender will require an appraisal toward the end of the loan application process just to make sure the home is actually worth its purported value. Appraisal value isn’t always the same as market value. So how is market value determined, if not with an appraisal?

Sellers 111

Sellers Appraisal Market Value Real Estate Agent 111

Eppraisal

DECEMBER 20, 2022

Often times, agents will specialize in working with those looking to either buy or sell. An agent who specializes in buyers, or an Accredited Buyers Representative (ABR) may be most appropriate for your transaction. Buyers Consultation Once you've identified an agent, set up a consultation.

Real Estate 36

Real Estate Buyers Inspection Real Estate Agent 36

Quicken Loans

JUNE 3, 2021

The most successful realtors and agents are finding ways to incorporate technology into their practices to increase their efficiency and draw in more clients, but the rising popularity of iBuying platforms has led to a whole new wave of trepidation. After a homeowner accepts an offer, the iBuyer will set up and pay for a home inspection.

Sellers 55

Sellers Buyers Agents Real Estate Agent 55

Genworth MI Blog

JULY 13, 2023

Appraisal overview The appraisal is a report with an independent opinion of value of how much a property is worth. There is an on-site visual inspection of the property and a suggestion of improvements followed by the research, analysis and development that produces the appraisal report.

Appraisal 78

Appraisal Inspection HOA Real Estate 78

Realtor

MARCH 7, 2023

The main criterion is that the home’s market value may not exceed the USDA’s applicable area loan limit. ” In some cases, experts advise it might be wise for a potential homebuyer to pay to have a home inspection done prior to the official appraisal.

Inspection 111

Inspection Appraisal Market Value Finance 111

Eppraisal

JUNE 20, 2023

Now that you've assessed your financial readiness, obtained a pre-approval for a mortgage, and engaged a real estate agent, it's time to dive into the exciting process of researching and finding your dream home. In the first blog of our series, we covered the basics of preparing yourself for buying your first home.

Real Estate Agent 36

Real Estate Agent Open Houses Real Estate Inspection 36

Robinson Appraisal Group

JULY 18, 2019

However, a hybrid appraisal includes an exterior observation of the property, sometimes including an interior inspection by a third-party: this third party inspection could be done by a real estate agent, a property inspector or even another real estate appraiser.

Appraisal 78

Appraisal Inspection Property Inspector Valuation 78

Realtor

AUGUST 1, 2018

To be approved for the loan, the house must pass an inspection conducted by the U.S. A licensed, HUD-approved appraiser will determine the market value of the home and do a “health and safety” inspection to check for crucial problems such as a crumbling foundation or issues with the mechanical systems.

Inspection 136

Inspection Insurance Buyers Renovations 136

Realtor

AUGUST 7, 2019

If a buyer needs a loan to purchase your home, the lender will require an appraisal toward the end of the loan application process just to make sure the home is actually worth its purported value. Appraisal value isn’t always the same as market value. So how is market value determined, if not with an appraisal?

Sellers 78

Sellers Appraisal Market Value Real Estate Agent 78

Birmingham Appraisal

SEPTEMBER 28, 2022

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 A Hybrid Appraisal?

Appraisal 59

Appraisal Property Inspector Training Real Estate Agent 59

Birmingham Appraisal

FEBRUARY 8, 2023

For the record, I will state that the goal of every appraisal is to estimate the market value of a home, usually for lending purposes. Whenever an appraisal waiver is used a traditional appraisal is not utilized to determine the market value of the assets the bank will be lending on.

Realtors 77

Realtors Appraisal Market Value Real Estate Agent 77

D Fritz Appraisals

MARCH 16, 2021

The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. Home inspection reports (current and previous). If you’re unsure about the difference between each, we have a helpful blog post on home inspections vs. home appraisals.

Appraisal 127

Appraisal HOA Easement Valuation 127

Quicken Loans

JUNE 8, 2021

But if you work with a real estate agent who understands your local foreclosure market, the stress shouldn’t be much higher than during a traditional home buy. The bank will likely hire a local real estate agent to put it on the market. You might have to place an offer or bid before viewing or inspecting the home.

Real Estate Agent 72

Real Estate Agent Inspection Government Real Estate 72

Genworth MI Blog

JULY 16, 2020

Recently, Desktop and Drive-by appraisals (no interior inspection by the appraiser) temporarily replaced some interior inspection appraisals as a necessary response to health risks and quarantine orders related to the COVID-19 pandemic. validate the date/time of the picture. prevent/detect manipulation of the geocode information.

Appraisal 78

Appraisal Inspection Real Estate Agent Market Value 78

Cleveland Appraisal Blog

JANUARY 21, 2021

So, we will call for an qualified professional to inspect the situation to see what, if anything, needs to be done. It is impossible to know the impact on market value until we know if repairs are needed. Because major structural repairs have a negative impact on market value, we must take this situation seriously. .

Appraisal 233

Appraisal Inspection Real Estate Market Value 233

Genworth MI Blog

JULY 16, 2020

Recently, Desktop and Drive-by appraisals (no interior inspection by the appraiser) temporarily replaced some interior inspection appraisals as a necessary response to health risks and quarantine orders related to the COVID-19 pandemic. validate the date/time of the picture. prevent/detect manipulation of the geocode information.

Appraisal 84

Appraisal Inspection Real Estate Agent Market Value 84

Realtor

AUGUST 1, 2018

To be approved for the loan, the house must pass an inspection conducted by the U.S. A licensed, HUD-approved appraiser will determine the market value of the home and do a “health and safety” inspection to check for crucial problems such as a crumbling foundation or issues with the mechanical systems.

Inspection 78

Inspection Insurance Buyers Renovations 78

Boston Appraisal

APRIL 22, 2019

Even in the rare event that the spouses agree on the value of the family home, a judge will most likely demand a licensed real estate appraiser to determine its fair market value. The appraiser is a third-party that can offer an unbiased opinion of value. What is the process for a divorce appraisal?

Appraisal 78

Appraisal Market Value Real Estate Inspection 78

Housing Wire

JANUARY 3, 2023

It may be that many of the loan originators and real estate agents calling for major changes to the VA appraisal process are be those with the least amount of first-hand experience with the VA product. When it comes to establishing market value, I think the VA appraisal at present determines this as well as any other.

Modernization 76

Modernization Real Estate Agent Reconsideration of Value Appraisal Process 76

McKissock

OCTOBER 13, 2020

Q: “What are methods to determine the value of my home?”. A Comparative Market Analysis (CMA) : An informal evaluation that determines the market value of a property by comparing it to similar properties in the same area. Q: “What factors can influence the value of my home?”. Marketing efforts are neutralized.

Clients 84

Clients Advertising Real Estate Market Value 84