Genworth MI Blog

AUGUST 31, 2022

Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider. Q: How have inspections and appraisals been impacted since the beginning of the COVID-19 pandemic?

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Inspection Appraisal Marketing Appraisal Process 78

D Fritz Appraisals

AUGUST 12, 2019

What’s the Difference Between a Home Inspection and a Home Appraisal? If you’re in the market for a new home, the terms “home appraisal” and “home inspection” are more than likely to come up at some point as you zero in on a property you want to buy. What Is a Home Appraisal? What Is a Home Inspection?

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Inspection Appraisal Real Estate Property Appraisal 94

Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Factors Considered by Appraisers When determining the value of a property, appraisers consider several crucial factors.

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Real Estate Agent Real Estate Agents Appraisal 75

Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser. that afternoon.

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Appraisal Inspection Real Estate Agent Training 404

Birmingham Appraisal

FEBRUARY 28, 2023

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. These mistakes can significantly impact the value of a property and even lead to an appraisal being lower than the contract price.

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Sellers Real Estate Appraisal Appraisal Process 78

Realtor

FEBRUARY 22, 2019

-Oxford-/iStock The home appraisal process is just a formality when buying real estate, right? If you’ve applied for a mortgage, your home-to-be still has to undergo a comprehensive appraisal of its worth—and an unfavorable home appraisal can kill a real estate deal. Sorry, not yet.

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Appraisal Process Appraisal Mortgage Buyers 78

Realtor

FEBRUARY 22, 2019

-Oxford-/iStock The home appraisal process is just a formality when buying real estate, right? If you’ve applied for a mortgage, your home-to-be still has to undergo a comprehensive appraisal of its worth—and an unfavorable home appraisal can kill a real estate deal. Sorry, not yet.

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Appraisal Process Appraisal Mortgage Buyers 78

The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. Question 1: What is a commercial real estate appraisal?

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Real Estate Appraisal Property Appraisal Valuation 60

Birmingham Appraisal

AUGUST 23, 2023

How Can Appraisers and Agents Work Together? In the often chaotic world of real estate, the appraiser-agent relationship can contribute to a smoother process. There are many areas that appraisers and agents can inform and educate one another so that each of their jobs is done more successfully.

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Agents Appraisal Valuation Appraisal Process 82

Birmingham Appraisal

SEPTEMBER 15, 2022

You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection. As a new homeowner, you might be confused about the differences between an appraisal and a home inspection. Home inspections are normally regulated by the state. Steps in the Appraisal Process.

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Appraisal Inspection Appraisal Process Real Estate Agent 90

AmeriMac

FEBRUARY 18, 2021

Home appraisals are the perfect way to get an accurate measure of your house’s value. Now if you want to gain approval for a mortgage, you are going to need a good home appraisal. From the seller right down to the buyer, an experienced real estate appraiser is an essential part of the overall home purchasing process.

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Appraisal Process Appraisal Sellers Buyers 36

AmeriMac

FEBRUARY 18, 2021

Home appraisals are the perfect way to get an accurate measure of your house’s value. Now if you want to gain approval for a mortgage, you are going to need a good home appraisal. From the seller right down to the buyer, an experienced real estate appraiser is an essential part of the overall home purchasing process.

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Appraisal Process Appraisal Sellers Buyers 36

Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

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Agents Appraisal Real Estate Agent Bracketing 86

Appraisal Today

SEPTEMBER 22, 2023

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. That was my training.

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Appraisal Training Inspection Real Estate 87

AmeriMac

DECEMBER 15, 2021

These appraisals are typically conducted by licensed and certified experts and are based on, among other things, similar homes in the same neighborhood and other factors pertaining to the market. Each house had at least two appraisals done roughly six months apart.

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Real Estate Appraisal Market Value Contracts 36

AmeriMac

DECEMBER 15, 2021

These appraisals are typically conducted by licensed and certified experts and are based on, among other things, similar homes in the same neighborhood and other factors pertaining to the market. Each house had at least two appraisals done roughly six months apart.

Real Estate 36

Real Estate Appraisal Market Value Contracts 36

AmeriMac

FEBRUARY 18, 2021

Home appraisals are the perfect way to get an accurate measure of your house’s value. Now if you want to gain approval for a mortgage, you are going to need a good home appraisal. From the seller right down to the buyer, an experienced real estate appraiser is an essential part of the overall home purchasing process.

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Appraisal Process Appraisal Sellers Buyers 28

Appraisal Today

MARCH 15, 2024

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!! Let the Sunshine In: 5 Gorgeous Glass Houses That Make Full Use of Daylight Saving Time Just For Fun!

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Appraisal Inspection Modernization Business 70

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? An appraisal is seeking value.

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Real Estate Appraisal Inspection Contracts 28

Cleveland Appraisal Blog

JANUARY 7, 2021

However, what if the car salesman said that the buyer would have to sign a contract stating that they could not resell the second car? CONSIDERING LAND IN THE APPRAISAL PROCESS. When appraising a property, we must analyze what the highest and best use of the land is. Crazy Appraiser Stories – APPRAISAL TODAY.

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Appraisal Legal Inspection Real Estate 344

Listing Spark

OCTOBER 9, 2023

Are you considering selling your home without the assistance of a real estate agent? Many homeowners opt for the For Sale By Owner (FSBO) approach to cut costs and have more control over the sales process. For Sale By Owner refers to the process of selling a home without the involvement of a real estate agent or broker.

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Real Estate Agent Legal Real Estate Agents 36

D Fritz Appraisals

MARCH 16, 2021

Home inspection reports (current and previous). If you’re unsure about the difference between each, we have a helpful blog post on home inspections vs. home appraisals. Copies of any previous appraisals – this can help the appraiser see how the value has changed over the years. Remove any outdated décor.

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Appraisal HOA Easement Valuation 126

Eppraisal

NOVEMBER 23, 2021

The real estate market is still hot and there are currently more buyers than homes available for sale. So far in this year's fall real estate market, home values continue to rise. Despite the super seller's market, appraisers are protecting the mortgage companies' interests.

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Appraisal Real Estate Agent Real Estate Inspection 36

Appraisal Hub

FEBRUARY 15, 2024

Real estate appraisal, whether residential or commercial, is a critical component in the valuation of property assets. This process, often seen as more art than science due to its complexity, requires a deep understanding of the market, a keen eye for detail, and an analytical approach to gather and interpret data.

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Real Estate Appraisal Appraisal Process Inspection 78

Eppraisal

NOVEMBER 12, 2021

Your buyer's mortgage lender is the appraiser's client so your buyer's bank or mortgage company orders the appraisal. Sometimes they order the appraisal directly from a licensed residential appraiser, or they may use an appraisal management company (AMC) to facilitate the appraisal process, which includes ordering the appraisal.

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Appraisal Real Estate Agent Real Estate Buyers 36

Appraisal Today

JANUARY 5, 2024

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Chance to really irritate annoying real estate salespeople. As part of our monthly survey series, we asked our appraisal community, “What is your top professional goal for 2024?” percent from 6.71 percent, with points increasing to 0.61

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Appraisal Contracts Legal Business 76

Appraisal Today

JANUARY 20, 2023

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Chance to really irritate annoying real estate salespeople. Appraisal Business Tips Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!!

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Appraisal Contracts Sellers Business 52

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. George had a Ph.D.

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Appraisal Agents Real Estate Real Estate Agent 81

The Robert Weiler Company

MAY 14, 2021

It is a group of increasingly vibrant – “and growing” – individuals with many estate planning appraisal and real estate planning needs for multiple properties. How Are Real Estate Appraisals Related to Estate Planning? Importance of Estate Planning Appraisal of Real Estate Properties.

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Real Estate Appraisal Legal Valuation 133

Aedis Appraisals

JUNE 13, 2017

After all, if you fail to procure an accurate appraisal, there isn’t much to stand between you and potential losses during the sale or purchase of a particular property. What Is an Appraisal and When Do I Need One? How Does the Process Work? Home Appraisal and Home Inspection Differences.

Property Appraisal 36

Property Appraisal Appraisal Inspection Real Estate 36

Appraisal Today

APRIL 7, 2023

AMCs Assuring that the appraiser has the correct contact information for an inspection is very important. There have been numerous instances in which I have not been able to get ahold of a contact for an inspection only to find out weeks later that the AMC gave me the wrong contact information. Where is your state on the list?

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Appraisal Property Taxes Reconsideration of Value Contracts 52

Appraisal Today

SEPTEMBER 23, 2022

Sellers Chasing the ball down the road in real estate. Excerpts: Commentary from a (Ryan) appraisal: Here is a bit of commentary in one of my recent appraisal reports. The whole house is set up for entertaining,” Helgren (real estate agent) says. Pre-listing, pre-purchase, pre-sale appraisal.

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Appraisal Marketing Business Contracts 52

Realvals

JULY 27, 2022

As a real estate appraiser in California, I often hear this question, and the answer is almost always the same. It’s the client who pays for the home appraisal. Home appraisal process. The home appraisal process will differ depending on what you need the appraisal for.

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Appraisal Inspection Real Estate Buyers 78

Realtor

DECEMBER 4, 2019

This is where an appraiser steps in. A real estate appraisal can let you know whether the amount being asked is a fair purchase price. Here’s more on the home appraisal process, so you can learn the true value of your future home. What is the job of an appraiser? Who pays for the appraisal?

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Appraisal Real Estate Inspection Property Appraisal 138

Appraisal Today

APRIL 12, 2024

Desktop Appraisals: Who, When, and Why Excerpts: The ability to identify property characteristics without a personal inspection is not a new concept. Similarly, while not identical, appraisers generally use the cited sources above to identify the physical characteristics of comparable sales in their appraisals. .

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Appraisal Construction Contracts Architecture 78

Raleigh Realty

FEBRUARY 19, 2022

9 Things to Know BEFORE Your Home Appraisal Home appraisals. They can keep buyers up at night after going under contract on a home. With competitive bidding wars and home selling for large percentages over the asking price, it's no wonder everyone is concerned about the home appraisal.

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Appraisal Appraisal Process Real Estate Agent Renovations 148

Housing Wire

NOVEMBER 30, 2021

Regardless of the size or complexity of a system or process, it is time to look at whether the impact it has on people is equitable. And the appraisal process is no exception. of the properties in Black neighborhoods receive appraisal values lower than the contract price versus 7.4% All people.

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Appraisal Process Modernization Appraisal Valuation 411