Remove Appraisal Process Remove Construction Remove Inspection Remove Property Taxes
article thumbnail

Home Appraisals – What Do They Look For?

D Fritz Appraisals

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer.

Appraisal 105
article thumbnail

How To Appraise Rural Properties

Appraisal Today

Urban, Suburban, Rural in Appraisals Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Transaction costs are added to every property transaction.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NAR Member Survey on Appraisal Data Collectors

Appraisal Today

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Brokers followed with 24%, and appraisal-certified professionals comprised 14% of the respondents. To me, the big issue is who is doing the inspections. Read the full report.

article thumbnail

Desktop appraisal option to start in March

Housing Wire

To be eligible for a desktop appraisal, according to Fannie Mae , the loan must be a purchase transaction, secured by a one-unit principal residence and have a loan-to-value ratio of no more than 90%. FHFA suggested that hybrid appraisals could also speed up the appraisal process and reduce costs.

Appraisal 414
article thumbnail

Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. After all, it is a detailed activity that can look different depending on the scope and nature of your property. Question 6: What is the overall commercial real estate appraisal process?

article thumbnail

26 Reasons to Get an Appraisal

Realvals

By providing an unbiased estimate of a property’s value, an appraisal ensures that you know the real value of your property. Beyond these most common scenarios, appraisals have numerous other use cases. Estate planning, property tax appeals, divorces, and gifting, are some of the many others.

Appraisal 145
article thumbnail

Real Estate Appraisers Share How They Stand Out from the Competition

McKissock

Approach to the appraisal process. Appraisal specializations. ” Related reading: 20 Ideas to Get Your Name Out There as an Appraiser. “I have a background in construction and have been a business owner in the construction industry.” ” “Became an appraiser at age 58.