Appraisal Today

MARCH 15, 2024

It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgage appraisal process. These modern labels are often heralded as a cure-all for the perceived inefficiencies and biases of traditional mortgage appraisal processes. Is it an appraisal issue?

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Appraisal Inspection Modernization Business 69

Appraisal Today

MAY 17, 2024

Geographic “Data” Competency refers to an appraiser’s ability to effectively understand, interpret, and utilize geographic data in the appraisal process. In the context of real estate appraisers, it is essential for accurately valuing properties and providing credible appraisal reports.

Tools 64

Tools Appraisal Renovations Design 64

Appraisal Today

DECEMBER 2, 2022

Excerpts from the letter: … including, but not limited to, experience in real estate market analysis and real estate brokerage, including: • Evaluating and pricing residential real estate. Completing Evaluations in compliance with the Interagency Appraisal and Evaluation Guidelines.

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Appraisal Agents Real Estate Real Estate Agent 80

Birmingham Appraisal

APRIL 11, 2023

11 Helpful Tips For Choosing Comps Whenever I speak to agents about the real estate market and the appraisal process the one topic that the discussion always leads to is about choosing comps. Today I’m going to share my top tips for choosing comps from an appraiser’s perspective.

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Realtors Bracketing Agents Buyers 86

AmeriMac

DECEMBER 15, 2021

Each house had at least two appraisals done roughly six months apart. The first appraisal was conducted immediately after Fannie Mae took over ownership of the property, and the second appraisal was done after another buyer went under contract for the home.

Real Estate 36

Real Estate Appraisal Market Value Contracts 36

AmeriMac

DECEMBER 15, 2021

Each house had at least two appraisals done roughly six months apart. The first appraisal was conducted immediately after Fannie Mae took over ownership of the property, and the second appraisal was done after another buyer went under contract for the home.

Real Estate 36

Real Estate Appraisal Market Value Contracts 36

Appraisal Today

APRIL 7, 2023

Communicating quickly with the lender is an issue with the appraisal process. Below are just a few of the ways appraisers can utilize their expertise to diversify their practice and earn the many – yet sometimes elusive – non-lender work opportunities that exist in today’s market. percent from 6.45 percent from 6.27

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Appraisal Property Taxes Reconsideration of Value Contracts 52

Appraisal Today

SEPTEMBER 23, 2022

The whole house is set up for entertaining,” Helgren (real estate agent) says. Pre-listing, pre-purchase, pre-sale appraisal. Minus: You may have some hassles with the real estate agent if they disagree with you. Done for divorce and sometimes for estates. Definitely a conflict.

Appraisal 52

Appraisal Marketing Business Contracts 52

Listing Spark

MARCH 15, 2022

One of the biggest differences is that the buyer does not get involved in the appraisals. In the case of the refinancing appraisal however, homeowners have the opportunity to participate, so the benefits can be great. What is the home appraisal process like? How to improve your appraised value. Love this list?

Appraisal 36

Appraisal Renovations Contracts Buyers 36

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? Renegotiate the contract.

Real Estate 28

Real Estate Appraisal Inspection Contracts 28

Appraisal Today

AUGUST 25, 2023

Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! On Friday, NAR put out a notice asking appraisal members in the affected areas to alert their non-member colleagues. Or hit the reply button.

Appraisal 76

Appraisal Real Estate Agent Agents Real Estate 76

Appraisal Today

OCTOBER 6, 2023

2024 USPAP Source: Appraisal Foundation The 2024 Uniform Standards of Professional Appraisal Practice is now available for purchase in physical and digital formats. This covers all Definitions, Rules, and Standards. It shows a fundamental lack of understanding of what appraisers do. know why a comp was not used.

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Appraisal Contracts Real Estate Mortgage 77

Appraisal Today

AUGUST 13, 2023

I have not had time to use it, but have been reading and watching demos about how it can be used for appraisers for awhile. It definitely can be very useful, as Dustin explains. As I talk with appraiser colleagues and real estate agents, I’m hearing this sentiment quite a bit. And I feel it myself.

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Appraisal Contracts Real Estate Agent Mortgage 75

Appraisal Today

DECEMBER 23, 2022

This situation is very common in estate appraisals, where the home needs work before putting on the market. Sometimes they don’t trust real estate agents. If appraisers are required to use any arbitrary number, the result will be less than optimal. Appraisals are ordered after the loan application.

Appraisal 52

Appraisal Contracts Mortgage Modernization 52

Appraisal Today

SEPTEMBER 29, 2023

How to Identify a Single-Family with ADU vs. Two-Family Property By McKissock Excerpts: The presence of an additional living unit can complicate the appraisal process. It may make it difficult for you, the appraiser, to know how to classify the subject property. The vineyards have a wide range of sizes. percent from 11.0

Insurance 79

Insurance Appraisal Contracts Mortgage 79

Clear Capital

SEPTEMBER 29, 2021

It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. was was sort of the gap there of appraisals coming in low, in comparison. .” So there’s this real estate agent — are you with me?

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Sellers Agents Real Estate Buyers 69