Appraisal Buzz

JANUARY 31, 2022

I do not have enough hard drive to write about all the compounding issues and possible solutions that could assist everyone in streamlining the real estate industry (call me, ASC), however, there is one major word that can decrease appraisal turn time as well as decrease the tension in the industry: Communication. …I’ll see myself out).

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Appraisal Process Inspection Appraisal Clients 195

Cleveland Appraisal Blog

AUGUST 25, 2022

Cleveland Appraisal Blog offers a wealth of free information on every aspect of the appraisal process. I always appreciate Jessica’s articles! A big thank you to Jessica for writing this article for the Cleveland Appraisal Blog and a big thank you to you for being here to read it! Let us know !

Investing 332

Investing Renovations Landlords Real Estate 332

Boston Appraisal

FEBRUARY 11, 2024

Introduction Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Leveraging Market Data The appraisal process begins with a thorough analysis of market data, focusing on sales of properties that share historical or antique characteristics.

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Appraisal Renovations Architecture Appraisal Process 147

Cleveland Appraisal Blog

JULY 20, 2022

When it comes to the appraisal process, while we do take into consideration the contract price of the home being sold, that’s just one of many data points that we must take into consideration. The appraiser’s goal is not, nor has it ever been, to simply be a price validator, though many have used appraisals this way.

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Appraisal Market Value Contracts Buyers 397

Appraiserblogs

SEPTEMBER 22, 2021

“Digitizing the entire appraisal process”… what does this even mean? According to the article written by Richard Torne in Mortgage Professional America, Class Valuation has announced the acquisition of DataMaster. No more tape measures? No more typing? What exactly is being digitized that is not already digitized?…

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Appraisal Valuation Appraisal Process Mortgage 103

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Real estate agents also need appraisals for properties that may be more difficult to price. I’m not going to dive into the nuances of these different types of appraisal work in this article. In this article, I’m going to share some things that have helped me to do so. GET A WEBSITE. Write about what you do know.

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Business Appraisal Real Estate Agent Clients 393

Chicagoland Appraisal Blog

NOVEMBER 8, 2021

2 months ago I wrote an article comparing Zillow’s Zestimate program to a regular appraisal process. The article describes “Zillow Group’s AI-power house flipping operation as a dismal failure”. To my dismay, I didn’t expect the large disparity which recently led to the end of Zillows flipping scheme.

Housing Market 148

Housing Market Marketing Real Estate Agent Real Estate 148

Appraiserblogs

OCTOBER 31, 2022

Appraisers, this is a long article but it’s important, as it reveals how you are being discredited in the work you do.

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Appraisal Appraisal Process Marketing Contracts 112

Appraiserblogs

SEPTEMBER 20, 2021

Could this be another reason why so many real estate appraisers refuse to do bifurcated hybrid appraisals? Recently, a Mueller Services ‘inspector’ posted a comment on the article titled “Mueller Sample Report. You Decide!“

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Appraisal Real Estate Appraisal Process Training 113

McKissock

DECEMBER 10, 2021

Plus, what will it take to modernize the appraisal process? Read on for this week’s appraisal news and insights. The article notes that big cities, like New York and Los Angeles, may lag smaller ones, like Boise and Salt Lake City, in 2022. Opinion: The path to modernizing the appraisal process.

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Housing Market Appraisal Marketing Appraisal Process 79

Appraisal Buzz

MAY 31, 2022

This series of articles explores the role of appraisal review processes in the risk system in the format of mortgage lending for 1-4 family real estate. Throughout, I’ll address current practices and processes of appraisal review, measuring change through observations, and insight as to what is to come.

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Real Estate Lending Valuation Appraisal 221

Cleveland Appraisal Blog

OCTOBER 29, 2021

To make this determination, the appraiser must first determine the Highest and Best Use of the land. The use of the word “home” in this article, is referring to the property “improvements”) There are several data sources that appraisers use to obtain this information. Here’s one way.

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Appraisal Development Finance Lending 365

Simonson Real Estate

SEPTEMBER 16, 2021

Here at Simonson Appraisals, we do our best to have a 3-4 week turn-around time because we understand the appraisal process will provide you with the confidence to make the correct business decision for your needs. Navigating the Appraisal Process – What You Need to Know. We’d be happy to help.

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Appraisal Appraisal Process Real Property Real Estate 78

Boston Appraisal

OCTOBER 8, 2022

The appraiser obtains all relevant property characteristics and data such as measurements, room counts, condition, and quality, and utilizes this information in the report. This process has been the foundation of the appraisal process. What Are Hybrid Appraisals? The Risk of Hybrid Appraisals.

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Appraisal Inspection Appraisal Process Valuation 135

Appraisal Buzz

JUNE 6, 2022

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. Now is your last time to sign up to receive the Appraisal Buzz Magazine for free from the Appraisal Buzz Premium Membership ! They have that much variance in what they demand of the appraisal process.

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Appraisal Clients Appraisal Process Inspection 221

Housing Wire

AUGUST 30, 2022

Some lenders are contemplating changes to their origination channels such as the re-emergence of equity lending via HELOC and Second Loan products, according to this recent HousingWire article. Some studies suggest the number of active appraisers is steadily declining by an average of 2.6%

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Tools Lending Technology Valuation 425

McKissock

JANUARY 31, 2023

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” Thank you to the large number of appraisers who shared their input! ” “It’s a lot more than just pulling comps! .”

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Real Estate Agent Real Estate Agents Appraisal 97

McKissock

MAY 24, 2022

But it’s worth spelling out, because a courteous and professional demeanor is essential to making a good first impression and providing a positive customer service experience throughout the entire appraisal process, from acceptance to delivery. Deliver reports on time. Communicate with the client.

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Client Relationships Clients Appraisal Appraisal Process 75

Clear Capital

MAY 15, 2023

According to Chen, there are generally fewer customer escalation issues due in part to the required robust, standardized data and the use of mobile technology, which drive a more consistent appraisal process in every neighborhood. VIEW ORIGINAL ARTICLE The post The Hybrid Appraisal: It’s Cheaper, but Does It Protect Homebuyers?

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Appraisal Appraisal Process Training Government 69

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

If a lender pushes back, my advice to appraisers is to not cave to the pressure of the lender. If the appraiser did not make a mistake, and the lender just doesn’t understand the appraisal process, that’s a golden time to help educate the lender. I hope you’ve been enjoying their articles!

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Development Appraisal Market Value Valuation 337

DataMaster

APRIL 6, 2021

If you’re an appraiser and you’re reading this, you already know the details. But do your customers understand how an appraisal works? Share this article with them and chat about the appraisal process. The better the appraisal process is understood, the less customers will question the results!

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Appraisal Appraisal Process Buyers Legal 158

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

If an agent includes the square footage of a finished basement in what they report as finished above-ground square footage, this can have a negative impact on the appraisal process. In my last article, I discussed how the square footage of many homes, as reported in public records, is inaccurate. I hope you will also… .

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Agents Appraisal Renovations Development 374

Boston Appraisal

OCTOBER 8, 2022

The appraiser obtains all relevant property characteristics and data such as measurements, room counts, condition, and quality, and utilizes this information in the report. This process has been the foundation of the appraisal process. What Are Hybrid Appraisals? The Risk of Hybrid Appraisals.

Appraisal 78

Appraisal Inspection Appraisal Process Valuation 78

Cleveland Appraisal Blog

JANUARY 7, 2021

CONSIDERING LAND IN THE APPRAISAL PROCESS. When appraising a property, we must analyze what the highest and best use of the land is. I’m not going to delve into the highest and best use topic in this article. I’m working on a new article that will be out in a couple of weeks. Be safe out there!

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Appraisal Legal Inspection Real Estate 344

McKissock

MARCH 3, 2023

“appraisal waivers”), value acceptance + property data, and hybrid appraisals. Read the full HousingWire article here. .” Options introduced with this update include value acceptance (a.k.a. Download Fannie Mae’s “Announcement SEL-2023-02: Selling Guide Updates” here.

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Valuation Appraisal Marketing Housing Market 82

Clear Capital

MAY 12, 2023

These alternative valuation initiatives are a gateway to a modern appraisal process, as they reduce origination times, reduce costs and provide a better experience to our borrowers,” said Aqil Ahmed , SVP of operations at ValueLink.

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Modernization Valuation Appraisal Process Appraisal 36

Boston Appraisal

OCTOBER 8, 2022

The appraiser obtains all relevant property characteristics and data such as measurements, room counts, condition, and quality, and utilizes this information in the report. This process has been the foundation of the appraisal process. What Are Hybrid Appraisals?

Appraisal 78

Appraisal Inspection Appraisal Process Valuation 78

Genworth MI Blog

AUGUST 31, 2022

If you can’t account for condition and location in your appraisal, then you won’t have a credible one. Q: How do automated valuation models (AVMs) come into play in the appraisal process? If items were omitted during the appraisal process, this allows the reviewer to work with the appraiser to make any corrections needed.

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Inspection Appraisal Marketing Appraisal Process 78

Simonson Real Estate

DECEMBER 6, 2022

Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.

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Appraisal Process Real Estate Appraisal Renovations 78

McKissock

DECEMBER 1, 2020

There are many articles, blogs, and opinion papers that either support or reject bifurcated and hybrid appraisals, which contributes to a great deal of confusion. Here at McKissock Learning, we do not support any position regarding bifurcated and hybrid appraisals.

Appraisal 58

Appraisal Inspection Appraisal Process Real Estate 58

McKissock

MARCH 3, 2023

“appraisal waivers”), value acceptance + property data, and hybrid appraisals. Read the full HousingWire article here. .” Options introduced with this update include value acceptance (a.k.a. Download Fannie Mae’s “Announcement SEL-2023-02: Selling Guide Updates” here.

Valuation 52

Valuation Appraisal Marketing Housing Market 52

McKissock

MARCH 3, 2023

“appraisal waivers”), value acceptance + property data, and hybrid appraisals. Read the full HousingWire article here. .” Options introduced with this update include value acceptance (a.k.a. Download Fannie Mae’s “Announcement SEL-2023-02: Selling Guide Updates” here.

Valuation 52

Valuation Appraisal Marketing Real Estate 52

Boston Appraisal

SEPTEMBER 18, 2023

As industry leaders in both residential and commercial real estate valuations, Boston Appraisal Services deeply understands the critical contribution that precise appraisals make in the estate planning matrix. Appraisal Techniques: The Science Behind Valuation The appraisal process is far from a one-size-fits-all operation.

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Real Estate Appraisal Legal Valuation 78

Cleveland Appraisal Blog

JUNE 25, 2021

That’s a topic for another article. This is from a home I recently appraised. This information is incredibly valuable to the appraiser in the appraisal process for many things. That is also a topic for a future article. Here are some links to other articles I’ve enjoyed recently!

Market Value 244

Market Value Appraisal Marketing Buyers 244

DataMaster

APRIL 6, 2021

If you’re an appraiser and you’re reading this, you already know the details. But do your customers understand how an appraisal works? Share this article with them and chat about the appraisal process. The better the appraisal process is understood, the less customers will question the results!

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

DataMaster

APRIL 6, 2021

If you’re an appraiser and you’re reading this, you already know the details. But do your customers understand how an appraisal works? Share this article with them and chat about the appraisal process. The better the appraisal process is understood, the less customers will question the results!

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

Birmingham Appraisal

SEPTEMBER 15, 2022

You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection. As a new homeowner, you might be confused about the differences between an appraisal and a home inspection. There are numerous steps in the appraisal process and it’s important to know each step involved.

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Appraisal Inspection Appraisal Process Real Estate Agent 90