Realtor

FEBRUARY 22, 2019

-Oxford-/iStock The home appraisal process is just a formality when buying real estate, right? If you’ve applied for a mortgage, your home-to-be still has to undergo a comprehensive appraisal of its worth—and an unfavorable home appraisal can kill a real estate deal. Allow us to demystify the process.

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Appraisal Process Appraisal Mortgage Buyers 78

Realtor

FEBRUARY 22, 2019

-Oxford-/iStock The home appraisal process is just a formality when buying real estate, right? If you’ve applied for a mortgage, your home-to-be still has to undergo a comprehensive appraisal of its worth—and an unfavorable home appraisal can kill a real estate deal. Allow us to demystify the process.

Appraisal Process 78

Appraisal Process Appraisal Mortgage Buyers 78

Kairos Appraisal Services

DECEMBER 1, 2022

Lending regulations restrict the borrower, mortgage broker, or lender from choosing which appraiser conducts their home inspection and prevents direct communication between these parties. An appraisal… The post How Appraisal Management Companies Aid the Appraisal Process appeared first on Kairos.

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Appraisal Process Appraisal Inspection Lending 52

Housing Wire

DECEMBER 8, 2023

You know what you do, but how do you explain it in such a way that a buyer understands your value, the required agency forms and everything involved to make it to the closing table? How you conduct yourself and how you present to each buyer prospect should not vary by situation. Top 10 ways to get homebuyers to work with you 1.

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Clients Real Estate Inspection Buyers 419

Housing Wire

SEPTEMBER 13, 2022

Buyers want them because floor plans provide a clear, quick sense of the property’s space and flow,” Allen said. Because floor plans also include measurements and room dimensions, they give buyers a more precise sense of, ‘Okay, will my furniture, will my way of living, actually fit into these rooms?’

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Training Buyers Technology Sellers 382

Housing Wire

NOVEMBER 8, 2021

“This is an absolute must, especially in the market right now as it gives the lender an opportunity to fill the listing agent in on the buyer’s background and how the VA loan process works,” Pascoe explained. Even under “normal” market conditions, VA buyers struggle to successfully purchase a home using their benefit.

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Clients Agents Buyers Sellers 395

Midtown Appraisal Group

MARCH 1, 2022

What you should know about the appraisal process We know that whether you’re a buyer or a seller, the appraisal process – especially for residential or agricultural properties – can be nerve-wracking. Why do I need an appraisal? Contrary to popular belief, […].

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Appraisal Appraisal Process Sellers Buyers 153

Birmingham Appraisal

JULY 27, 2022

Do Buyers Have a Leg Up In Today’s Market? The smell of a market shift is in the air but what does this mean for the average buyer? Over the past two years, buyers have been put through the wringer. The steep rise in home prices, and the market’s competitive nature, have tested the resolve of buyers.

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Kairos Appraisal Services

SEPTEMBER 3, 2021

AMCs were created from Dodd-Frank to separate mortgage brokers from appraisers, protect the market from inflated and/or biased values, and facilitate the entire appraisal process.

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Appraisal Process Appraisal Real Estate Mortgage 52

AmeriMac

FEBRUARY 18, 2021

Home appraisals are the perfect way to get an accurate measure of your house’s value. Now if you want to gain approval for a mortgage, you are going to need a good home appraisal. From the seller right down to the buyer, an experienced real estate appraiser is an essential part of the overall home purchasing process.

Appraisal Process 36

Appraisal Process Appraisal Sellers Buyers 36

AmeriMac

FEBRUARY 18, 2021

Home appraisals are the perfect way to get an accurate measure of your house’s value. Now if you want to gain approval for a mortgage, you are going to need a good home appraisal. From the seller right down to the buyer, an experienced real estate appraiser is an essential part of the overall home purchasing process.

Appraisal Process 36

Appraisal Process Appraisal Sellers Buyers 36

AmeriMac

MARCH 25, 2021

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. Unfortunately, working with licensed appraisers can be a difficult task. Seeking an insightful appraisal?

Appraisal Process 36

Appraisal Process Appraisal Property Taxes Buyers 36

AmeriMac

MARCH 25, 2021

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. Unfortunately, working with licensed appraisers can be a difficult task. Seeking an insightful appraisal?

Appraisal Process 36

Appraisal Process Appraisal Property Taxes Buyers 36

Kairos Appraisal Services

MAY 1, 2023

While the mortgage lender will order the appraisal to ensure that they are not issuing a loan for more than what the property is worth, it’s still best for buyers and sellers to understand the home appraisal process and… The post Understanding the Different Types of Home Appraisals appeared first on Kairos.

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Appraisal Appraisal Process Sellers Buyers 98

Birmingham Appraisal

AUGUST 23, 2023

The agent’s client (buyer or seller) can make an informed buying or selling decision and the appraiser’s client (bank) can make an informed lending decision. Creating Accurate Initial Expectations: Agents and appraisers collaborating early in the process help set accurate expectations for buyers and sellers.

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Agents Appraisal Valuation Appraisal Process 82

Birmingham Appraisal

JUNE 21, 2023

Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for real estate agents to navigate the appraisal process effectively.

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Real Estate Agent Real Estate Agents Appraisal 75

Housing Wire

APRIL 6, 2021

Linda (who asked that her real name not be used) beat out a dozen other prospective buyers in a bidding war by offering $445,000 and waiving all contingencies. Unfortunately, the appraisal put the house’s value roughly $50,000 below than what she paid. With others waiting in line behind her, the seller wouldn’t budge on price.

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Appraisal Reconsideration of Value Real Estate Agent Sellers 540

AmeriMac

FEBRUARY 18, 2021

Home appraisals are the perfect way to get an accurate measure of your house’s value. Now if you want to gain approval for a mortgage, you are going to need a good home appraisal. From the seller right down to the buyer, an experienced real estate appraiser is an essential part of the overall home purchasing process.

Appraisal Process 28

Appraisal Process Appraisal Sellers Buyers 28

AmeriMac

MARCH 25, 2021

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. Unfortunately, working with licensed appraisers can be a difficult task. Seeking an insightful appraisal?

Appraisal Process 28

Appraisal Process Appraisal Property Taxes Buyers 28

Cleveland Appraisal Blog

JULY 20, 2022

I recently gave a presentation and was asked if appraisal gap clauses impact the way appraisers are developing their opinion of value? In other words, do appraisal gap clauses cause appraisers to be more “conservative”? An appraisal gap clause can be written into a contract. But not always. Okay, maybe not.

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Appraisal Market Value Contracts Buyers 397

DataMaster

APRIL 6, 2021

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! Let’s explore how appraisals work! What Is An Appraisal? What is an appraisal? A lender protects themselves by ordering an appraisal.

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Appraisal Appraisal Process Buyers Legal 158

Appraisal Buzz

DECEMBER 27, 2021

Five months later, the frequency increased to 19%, leaving homebuyers to either pay more out of pocket or request the seller to lower their asking price. As the appraisal gap widened, the CoreLogic Price Index rose as well, reaching 15% in May of this year. Meanwhile, buyers are plucking up homes left and right.

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Appraisal Valuation Modernization Contracts 397

Appraisal Hub

MARCH 19, 2023

By providing precise and impartial evaluations, residential appraisals in Toronto also safeguard the interests of all parties involved. Keep reading to find out more about its significance and understand the appraisal process. How Do Banks And Other Lenders Use Appraisals? Where Can I Find An Appraiser In Toronto?

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Appraisal Property Appraisal Sellers Mortgage Appraisal 78

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

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Real Estate Agent Real Estate Agents Reconsideration of Value 78

Kairos Appraisal Services

JANUARY 9, 2023

Property comparables, called “property comps” for short, play a significant role in the home appraisal process.

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Real Estate Agent Appraisal Process Loan Officers Real Estate 52

Valcre

OCTOBER 19, 2022

Commercial property appraisals are so effective that realtors win multiple offers by using appraisal addendums when making an offer. Understanding how the commercial appraisal process works and what appraisers look for can help buyers and sellers properly prepare for a property sale.

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Appraisal Property Appraisal Appraisal Process Realtors 62

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! Because of where buyers want to live. That determines value.

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Real Estate Agent Real Estate Agents Appraisal 97

AmeriMac

APRIL 30, 2024

Understanding the commercial appraisal process and the importance of trust in experienced and licensed commercial property appraisers is essential for anyone involved in commercial real estate transactions, whether it be buying, selling, or owning a commercial building.

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Appraisal Appraisal Process Valuation Real Estate 36

Appraisal Hub

AUGUST 13, 2021

Understanding the appraisal process is important if you want to get the most from it. Here’s a short guide on the basics you need to know about residential appraisal services and working with an appraiser. Why is an appraisal important? It can also help during the negotiation process.

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Appraisal Property Appraisal Market Value Sellers 78

East Coast Appraisal

MAY 24, 2023

Though an appraisal is usually required by the lender, the borrower (home buyer) is usually responsible for paying for the appraisal. Home appraisals cost around $300 to $450 so make sure to account for that cost when you are saving to buy a home. During an appraisal, the buyer or seller doesn't need to be present.

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Inspection Appraisal Sellers Buyers 52

Birmingham Appraisal

SEPTEMBER 26, 2023

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? For sellers, this can be appealing, as it may justify a higher asking price.

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Real Estate Agent Real Estate Clients Agents 86

East Coast Appraisal

JUNE 10, 2022

Most buyers opt to finance the purchase of a home through a mortgage lender. Lenders will usually require an appraisal to determine the value of the property before approving a mortgage loan. It is possible for the appraisal price of a property to be lower than the agreed-upon purchase price between buyer and seller.

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Appraisal Appraisal Process Real Estate Sellers 52

AmeriMac

DECEMBER 30, 2023

Understanding the process and implications of these appraisals is crucial for both homebuyers and sellers. This post will cover everything you need to know about REO appraisals. Lastly, we will compare REO appraisals to home inspections and answer whether they are mandatory for all property transactions.

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Real Estate Appraisal Inspection Appraisal Process 36

Birmingham Appraisal

FEBRUARY 20, 2024

Understanding the Role of the Real Estate Appraiser When a home buyer finds a home they would like to purchase and have the need to obtain financing they will work with a lender. 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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Agents Appraisal Real Estate Agent Bracketing 86

McKissock

DECEMBER 10, 2021

Plus, what will it take to modernize the appraisal process? Read on for this week’s appraisal news and insights. Opinion: The path to modernizing the appraisal process. Realtor.com forecasts a mixed bag of opportunities for homebuyers in the coming year. Petersburg-Clearwater, Florida.

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Housing Market Appraisal Marketing Appraisal Process 79

Chicagoland Appraisal Blog

NOVEMBER 8, 2021

2 months ago I wrote an article comparing Zillow’s Zestimate program to a regular appraisal process. The Zestimate is not an appraisal and it should be used as a starting point. It’s a common question that comes up and with the real estate market skyrocketing, thought I’d answer the question once and for all.

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Housing Market Marketing Real Estate Agent Real Estate 148

Housing Wire

JUNE 9, 2021

This is a critical advancement in the industry as we’ve seen appraisal timelines continually increase. We also evaluate key metrics related to appraiser performance. HW: What role can data analytics play in alleviating these pain points? JW: The key to transactional efficiency is validated data.

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Appraisal Property Taxes Technology Valuation 397