Appraisal Today

MARCH 15, 2024

This is an excellent diversification opportunity, with little competition from other appraisers or the GSEs use of other ways to get a value without human appraisers. You can expand your area to include rural appraisals to get more business. This kept appraisers busy. Another reason for upgrading!

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Appraisal Today

SEPTEMBER 22, 2023

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Survey respondents Sales agents accounted for the largest proportion, with 45% of participants holding this license. To me, the big issue is who is doing the inspections.

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The Appraiser Coach

OCTOBER 17, 2023

How long have you been appraising? But you know that the appraisal process and the appraisal form are two separate things. The process that you go through to do an appraisal and the type of reporting you do on that process could be miles apart, although they are related.

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Eppraisal

NOVEMBER 12, 2021

Your buyer's mortgage lender is the appraiser's client so your buyer's bank or mortgage company orders the appraisal. Sometimes they order the appraisal directly from a licensed residential appraiser, or they may use an appraisal management company (AMC) to facilitate the appraisal process, which includes ordering the appraisal.

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D Fritz Appraisals

MARCH 16, 2021

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. Copies of any previous appraisals – this can help the appraiser see how the value has changed over the years. Remove any outdated décor.

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PennyMac

OCTOBER 10, 2023

Whether you’re selling your home to begin a new adventure or refinancing your existing home, getting an appraisal with the value you want is an important hurdle to clear. You may feel that the appraisal process is out of your control, but there are many easy and inexpensive ways to get both yourself and your home ready.

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Appraisal Today

DECEMBER 2, 2022

Excerpts from the letter: … including, but not limited to, experience in real estate market analysis and real estate brokerage, including: • Evaluating and pricing residential real estate. Completing Evaluations in compliance with the Interagency Appraisal and Evaluation Guidelines. before year-end.

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Appraisal Today

APRIL 7, 2023

AMCs Assuring that the appraiser has the correct contact information for an inspection is very important. There have been numerous instances in which I have not been able to get ahold of a contact for an inspection only to find out weeks later that the AMC gave me the wrong contact information. Was listed for $748,000 in 8/22.

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Appraisal Today

SEPTEMBER 23, 2022

. “During the heyday of 3 percent interest rates, it was acceptable for appraisers to take three to four weeks to complete an appraisal and forget to update the client. “I’m constantly changing what I say in my appraisals, and I’m very careful of boilerplate and canned statements. Humor for Appraisers.

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Housing Wire

AUGUST 21, 2023

Year Founded Description 98 OptiFunder 4,767% 2018 Finance company helping independent mortgage lenders choose among funding options and streamline the process. 126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time.

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Housing Wire

AUGUST 11, 2023

Appraisal modernization is a hot topic right now, but updating the appraisal process is easier said than done. The process today is limited by a number of structural constraints, according to Scott Reuter, Single-Family chief appraiser at Freddie Mac.

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Appraisal Today

JANUARY 20, 2023

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Chance to really irritate annoying real estate salespeople. Appraisal Business Tips Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! I STOPPED working for AMCs.

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Realvals

JULY 27, 2022

As a real estate appraiser in California, I often hear this question, and the answer is almost always the same. It’s the client who pays for the home appraisal. Home appraisal process. The home appraisal process will differ depending on what you need the appraisal for.

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The Robert Weiler Company

OCTOBER 21, 2022

The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked. Ask your local commercial real estate agent for a referral.

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Housing Wire

MAY 25, 2021

Navigating appraisal challenges in today’s housing market. HousingWire recently spoke with PCV Murcor Founder, President and CEO Keith Murray, and COO Cindy Nasser on how the appraisal process can be streamlined in today’s tight housing market. In 2020, the use of “blind” appraisal waivers reached staggering, record highs.

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Quicken Loans

JUNE 9, 2021

A VA appraisal is an appraisal performed by someone certified through the U.S. This value is established by inspecting the house and comparing the asking price to recent sales prices for similar properties in the area. If the appraiser must travel further to get there or has to inspect multiple units, it could cost you more.

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Appraisal Today

APRIL 12, 2024

Desktop Appraisals: Who, When, and Why Excerpts: The ability to identify property characteristics without a personal inspection is not a new concept. Similarly, while not identical, appraisers generally use the cited sources above to identify the physical characteristics of comparable sales in their appraisals.

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Appraisal Today

OCTOBER 6, 2023

Personally, I think there is very, very little intentional discrimination by appraisers, compared with the intentional discrimination by lenders (and others). NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, economics analysis, Fannie getting rid of appraisers?

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Clear Capital

SEPTEMBER 29, 2021

It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. So there’s this real estate agent — are you with me? It’s real estate. The home inspection took longer.

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