Housing Wire

APRIL 30, 2022

With first hand knowledge of how complex and time consuming appraisals can be, Reggora is motivated to streamline and modernize the process, benefiting appraisers, lenders and buyers themselves. Before founding Reggora, Brian Zitin and Will Denslow, co-founders, launched a successful real estate brokerage.

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Modernization Appraisal Appraisal Process Valuation 308

Housing Wire

FEBRUARY 10, 2021

“We are excited to work with innovative lenders like Sierra Pacific Mortgage to find ways to take time, touch and cost out of their collateral underwriting workflows,” said Sage Nichols, CoreLogic executive of client and business development.

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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 79

Housing Wire

JUNE 11, 2021

Due to today’s booming housing market, the appraisal process may take anywhere from days to weeks to complete. The process can take even longer if the buyer or seller requests a second appraisal. However, once the appraiser is at the home, it’s generally about five business days,” Masseria estimates.

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Inspection Appraisal Appraisal Process Buyers 423

Dart Appraisal

APRIL 16, 2021

Commercial Client Specialist The Client Specialist works closely with clients and appraisers in managing the ordering, processing, and completion of real estate appraisals, while ensuring appraisal independence and a compliant appraisal process. Handle all client needs/requests.

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Clients Appraisal Process Real Estate Appraisal 28

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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Birmingham Appraisal

AUGUST 23, 2023

When real estate agents and appraisers work together seamlessly, clients benefit from well-informed decisions, transactions become smoother, and professional relationships are strengthened. A mutually respectful partnership ensures that each of their clients receives informed advice, leading to confident decisions.

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Agents Appraisal Valuation Appraisal Process 83

Chicagoland Appraisal Blog

AUGUST 1, 2023

Whenever you come across “see addendum,” simply refer to the relevant addendum then return to the main appraisal document to continue. Before you know it you’ve carefully read and understood the appraisal. It provides an overview of the appraisal’s purpose, important findings and the opinion of value.

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Housing Wire

APRIL 6, 2021

For example, one client had a home under contract for $983,000 and the list/appraised value was just $900,000, the LO said. The LO added that some people get gifts to cover the appraisal gap while others are borrowing from retirement or brokerage accounts they didn’t want to touch because of the tax hit. million and sell for $2.03

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Appraisal Reconsideration of Value Real Estate Agent Sellers 539

Cleveland Appraisal Blog

NOVEMBER 3, 2022

I recommend having some information about your experience and skills, but also some resources that will be helpful to potential clients. As an appraiser, you probably know how to create charts and visuals for appraisal reports. I think potential clients appreciate this. My client loved their floor plan!

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Business Appraisal Real Estate Agent Clients 393

Housing Wire

JUNE 11, 2021

Purchase originations require enhanced communication with clients and typically take longer to reach the finish line. Rocket Pro TPO’s underwriting team is also highly specialized, which is especially important with the nuanced process involved with purchase loans. Fast, fee-guaranteed appraisals.

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Appraisal Clients Insurance Lending 282

AmeriMac

MAY 15, 2024

In this blog, we will delve into the world of relocation appraisals and explore their importance in the relocation industry. We will also discuss the key differences between relocation appraisals and mortgage appraisals to provide a comprehensive understanding of the appraisal process.

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Appraisal Market Value Mortgage Appraisal Appraisal Process 36

East Coast Appraisal

JULY 7, 2022

However, the appraiser may discover the falsification, thus affecting the negotiations. . For example, some property owners provide fraudulent documents showing their property sits on arable land. Falsifying information contravenes the principle of utmost good faith when disclosing facts relevant to the appraisal. . contact. .

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Property Appraisal Appraisal Valuation Appraisal Process 52

McKissock

AUGUST 21, 2020

In any real estate appraisal assignment, you must use one of the two written report options outlined in USPAP: Appraisal Report or Restricted Appraisal Report. A diligent appraiser can utilize the Restricted Appraisal Report option when it makes good sense for the assignment and client.

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Appraisal Appraisal Process Clients Development 92

McKissock

JULY 27, 2021

Many survey respondents emphasized the importance of making sure your work is as detailed and well-supported as possible—by means of careful comparable selection and analysis, thorough documentation, and clear explanation of why the available comps do not support the contract price. ” Thorough documentation.

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Appraisal Contracts Clients Marketing 109

AmeriMac

NOVEMBER 30, 2023

Becoming a commercial appraiser requires appropriate education, training, experience, and certification. Initial Contact and Engagement The commercial appraisal process begins with the property owner, lender, or client reaching out to the appraiser, providing property details, appraisal purpose, scope of work, and access.

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Appraisal Real Estate Appraisal Process Inspection 36

AmeriMac

OCTOBER 15, 2023

We will also discuss various categories of appraisal reviews, the aftermath of an appraisal review, and how it benefits clients. Additionally, we will provide insights into choosing a reputable appraisal review service and why staying updated is crucial in the appraisal industry. They also aid in risk management.

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Appraisal Clients Real Estate Appraisal Process 36

Eppraisal

NOVEMBER 12, 2021

Who Orders the Appraisal? Your buyer's mortgage lender is the appraiser's client so your buyer's bank or mortgage company orders the appraisal. That's why neither you nor your buyer is the appraiser's client. You and your real estate agent can help by putting together an "appraisal package."

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Appraisal Real Estate Agent Real Estate Buyers 36

Premier Home Appraisal Blog

MAY 30, 2023

This is where the appraisal process comes in. The home appraisal process - What to expect To remove PMI, you must have a real estate appraisal done on your home. A real estate appraisal is an assessment of your home's value by a licensed or certified home appraiser.

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Appraisal Home Value Appraisal Process Insurance 98

McKissock

DECEMBER 7, 2021

Yet marketing and networking are super important for bringing in new clients and growing your business. For helpful tips, read this article titled “Promoting Your Appraisal Business on Social Media.” ” Obtain clients / solicit business. Manage client expectations. Meet client turnaround times.

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Property Appraisal Appraisal Clients Business 64

Simonson Real Estate

JULY 10, 2020

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. What has your experience been navigating the appraisal process? Value Scenarios.

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Appraisal Process Appraisal Market Value Tenants 148

AmeriMac

JANUARY 15, 2024

Understanding the role of a home appraiser, the importance of a home appraisal, and the factors to consider when choosing an appraiser are key to making an informed decision. So, let’s dive in and discover how to find the best local home appraiser.

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Appraisal Appraisal Process Valuation Real Estate 36

Simonson Real Estate

DECEMBER 6, 2022

We’re grateful to work across several states and with so many great clients! In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. The goal of this article is to help lenders, banks reviewers and appraisers. Income Information.

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Appraisal Process Real Estate Appraisal Renovations 78

Appraisal Buzz

FEBRUARY 7, 2022

The lender/appraiser ecosystem over time has adapted processes and technologies to achieve appraisal development and reporting that meets regulatory, agency, and investor requirements, as well as meeting the needs of individualized lender risk appetites. Appraisers rely on standards of practice and processes.

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McKissock

JULY 20, 2021

So right from the start, in at least 30 states that license home inspectors, the property inspection you make for the purposes of developing an appraisal should not be confused with a home inspection completed by a home inspector, because you are not licensed as home inspector and you were not hired by the client to complete a home inspection.

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Inspection Appraisal Construction Clients 105

Rowe Appraisal Group

MAY 5, 2020

A couple of days ago I was sitting down to start writing a blog post on how to streamline the initial appraisal process, specifically gathering information on the subject property prior to doing the inspection. Finally, at the end of the day you’ll have a document that can easily be saved to your work file.

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Real Estate Agent Real Estate Agents Inspection 36

Rowe Appraisal Group

MAY 5, 2020

A couple of days ago I was sitting down to start writing a blog post on how to streamline the initial appraisal process, specifically gathering information on the subject property prior to doing the inspection. Finally, at the end of the day you’ll have a document that can easily be saved to your work file.

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Real Estate Agent Real Estate Agents Inspection 36

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

Evaluate the appraiser’s experience. The resume may be on the appraiser’s website. The references should be current or previous clients, and at least one should be from the community. Verify the appraiser’s experience working with homeowners. Ascertain the appraiser’s knowledge of the area.

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Real Estate Appraisal Valuation Loan Officers 36

AmeriMac

JULY 25, 2022

You need the confidence of knowing that your appraisal includes everything possible, which makes appraisal reviews an extremely important step in the process that many people may not even know about. Reinforces Clients’ Confidence. Appraisal reviews are used to measure the credibility of the appraisal conducted.

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Real Estate Appraisal Valuation Clients 36

Appraisal Buzz

SEPTEMBER 5, 2022

It took several years to re-establish effective and meaningful communication between appraisers and their lending partners. Complexity in Process and Properties. When it comes to lending activity, appraisal revisions have always been a part of the appraisal process.

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Appraisal Modernization Appraisal Process Technology 281

Appraisal Today

JANUARY 5, 2024

Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. – Work on getting a more positive attitude toward your clients, fees, etc. Pick one client to start with. – Attend a meeting of a local appraisal group.

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Appraisal Contracts Legal Business 78

Housing Wire

AUGUST 31, 2020

Furthermore, when needs change, clients do not have to spend time or money on custom configurations. EVO is the only technology platform specifically designed for both commercial and residential appraisal business that allows lenders to be up and running in days, not months.

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Housing Wire

MARCH 9, 2021

The Department of Housing and Urban Development (HUD) has announced that JPMorgan Chase has come to an agreement with a Black homeowner who claimed the bank’s mortgage division – relying on a valuation done by an appraiser – valued her home at an amount lower than its actual worth because of her race.

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Lifestyle Properties of Maine

AUGUST 6, 2019

One of the most nerve wracking parts of a real estate transaction can be the appraisal process for both buyers and sellers. What is an appraisal? Why is an appraisal necessary? What if the home doesn’t appraise for the contract value? How Do Appraisers Price Homes? How much does it cost?

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Real Estate Appraisal Inspection Contracts 28

Appraisal Today

APRIL 7, 2023

Communicating quickly with the lender is an issue with the appraisal process. I have received several reconsideration requests in the past with only one having an attached grid because most requestors neglect attaching the supporting documents.

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Appraisal Property Taxes Reconsideration of Value Contracts 52

Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Get the relevant date of value from the client or client’s attorney. I strongly recommend it.

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The Robert Weiler Company

SEPTEMBER 16, 2021

And how does the real estate appraisal process work? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Residential vs. Commercial Property Appraisal and Their Differing Review Process.

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Real Estate Appraisal Property Appraisal Valuation 147