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How to reduce appraisal turn times and improve the borrower experience

Housing Wire

This is a critical advancement in the industry as we’ve seen appraisal timelines continually increase. This allows for a more objective analysis and better compliance, and often translates to a more efficient process with faster turn times, which allows buyers and sellers to transfer real property more cost effectively and with confidence.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

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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3 Tips to Shorten Your Home Appraisal Process and Turn Times

AmeriMac

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

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3 Tips to Shorten Your Home Appraisal Process and Turn Times

AmeriMac

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

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3 Tips to Shorten Your Home Appraisal Process and Turn Times

AmeriMac

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

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4 Mistakes to Avoid During Property Appraisal

East Coast Appraisal

Falsifying information contravenes the principle of utmost good faith when disclosing facts relevant to the appraisal. . Misinterpreting the Appraisal Process. Another mistake people make is misinterpreting the appraisal process. Some people assume that the valuation process takes several hours to complete.

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Commercial Real Estate Appraisal and Valuation in the Time of Covid-19: What Is the New Normal?

Simonson Real Estate

Despite these radical changes, the business of America carries on, somehow, some way, including commercial real estate appraisal work. How has COVID-19 affected the appraisal process and the values of the various markets and submarkets of commercial real estate? Mitchell Simonson , Founder, Simonson Appraisals.

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