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How to Communicate Effectively with a Real Estate Appraiser in the Appraisal Process

Boston Appraisal

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers.

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How to Read a Home Appraisal

Chicagoland Appraisal Blog

While each appraisal may have slight variations, the following structure offers a general roadmap to help you smoothly navigate through it. Whenever you come across “see addendum,” simply refer to the relevant addendum then return to the main appraisal document to continue.

Appraisal 148
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What Is A Final Inspection?

Birmingham Appraisal

You may have heard of an appraisal inspection but what is a final inspection? Keep reading to find out the “second part” of the appraisal process for certain types of appraisals. For many types of appraisals, there is only one inspection or observation as we like to call it.

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Appraisal Inspection Vs. Home Inspection: Your Role as an Appraiser

McKissock

The root of many misconceptions about the appraisal inspection is the word “inspection” itself. The words “inspect” or “inspection” generally do not appear in reference to an appraiser’s obligations. Relatively few appraisers take courses on inspection skills or construction.

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How Remaining Economic Life Works

Cleveland Appraisal Blog

To make this determination, the appraiser must first determine the Highest and Best Use of the land. The use of the word “home” in this article, is referring to the property “improvements”) There are several data sources that appraisers use to obtain this information. Here’s one way.

Appraisal 365
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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Lenders, what’s in it for you?

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What Is a Reconciled Value?

Cleveland Appraisal Blog

I also had good data for the construction cost (replacement cost). And the property being appraised had not been built yet. If a lender pushes back, my advice to appraisers is to not cave to the pressure of the lender. The quote I am referring to is at the end of this clip. None were great. Have a great weekend!