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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. The next point considers the training of the property inspector.

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What is a Hybrid Appraisal?

Robinson Appraisal Group

It is a shorter appraisal form than the traditional appraisal and is performed by an appraiser who typically never visits the property. Some hybrid appraisals have an exterior only inspection, while others include an interior inspection. A major concern regarding the hybrid appraisal would be the level of risk and liability.

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Is Fannie Mae Recruiting New Appraisers??

Robinson Appraisal Group

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. bifurcated valuation or hybrid appraisal includes an exterior.

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5 Things You Need to Know About Real Estate Disclosures

Zillow

Nine out of 10 times, the intention is to show the property at its best. In most parts of the country, sellers (and agents) are required to document any known defects - whether current or past - to potential buyers. Is a disclosure the same as an inspection? California has some of the most stringent disclosure requirements.

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2024 USPAP For Appraisers

Appraisal Today

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. Fannie Mae sees the appraisal process as “inspection + value.”