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The Loan Officer’s Guide to Appraisals Part 7:  How Can the Appraisal Process be Sped Up?

Riverfront Appraisals

For the past six months, I’ve been blogging with the purpose of assisting loan officers to better understand the appraisal process. So far, we’ve covered final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value, bracketing and FHA appraisals.

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The Loan Officer’s Guide to Appraisals Part 5:  What is bracketing and why do we do it?

Riverfront Appraisals

So far in our series, we’ve looked at final inspections, lending on unique homes, communication with the appraiser, and reconsiderations of value. The post The Loan Officer’s Guide to Appraisals Part 5: What is bracketing and why do we do it? appeared first on Riverfront Appraisals. So if this is […].

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My Top 11 Tips For Realtors When Choosing Comps

Birmingham Appraisal

11 Helpful Tips For Choosing Comps Whenever I speak to agents about the real estate market and the appraisal process the one topic that the discussion always leads to is about choosing comps. Using sales that are inferior, similar, and superior to the subject in some aspect constitutes bracketing.

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Understanding the Law of Diminishing Returns in Pricing: A Guide for Real Estate Agents

Birmingham Appraisal

Elaborating on Pricing by Comparing Homes of Similar Sizes When it comes to pricing a home, comparing it to other similar-sized homes in the market is a fundamental aspect of the pricing and appraisal process. If you have any questions regarding pricing, including the bracketing method, feel free to contact me.

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Can a New Construction Sale be Used as a Comp for an Older Home?

Birmingham Appraisal

Appraisal Process To answer this it’s important to understand the appraisal process. When we appraise a house, we’re figuring out how much it’s worth. appeared first on Birmingham Appraisal Blog. What is bracketing and why should Realtors do it?

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Can New Construction Sales be Used in an Appraisal of an Older Home?

Birmingham Appraisal

Appraisal Process To answer this it’s important to understand the appraisal process. When we appraise a house, we’re figuring out how much it’s worth. The post Can New Construction Sales be Used in an Appraisal of an Older Home? appeared first on Birmingham Appraisal Blog.

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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

Benefits of Sharing the CMA with the Appraiser During the appraisal process, the appraiser will conduct their own market research to locate the most recent and similar comparables to the property they are appraising. This can lead to a more thorough and accurate appraisal which aids in the home selling process.

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