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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

It’s important to understand that collaboration does not mean that both parties must work together so that the deal closes at the contract price no matter what. The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible.

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The Pitfalls of Outlier Sales in Pricing a Listing

Birmingham Appraisal

Some people will say that it is market value because you have a willing buyer and a willing seller. On the other hand, the value that is reflected in most appraisals is a value that reflects what the majority of other market participants are willing to pay. For sellers, this can be appealing, as it may justify a higher asking price.

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6 Ways to Prevent Conventional Loan Appraisal Revisions

Clear Capital

Revision requests to correct errors in the appraisal report cause many downstream effects, such as delaying loan decisions and closings. Whether it is for the borrower, the seller, or the lender, a detailed and error-free appraisal report positively influences the purchase decision and credibility of the process.