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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Birmingham Appraisal

AUGUST 23, 2023

The agent’s client (buyer or seller) can make an informed buying or selling decision and the appraiser’s client (bank) can make an informed lending decision. Creating Accurate Initial Expectations: Agents and appraisers collaborating early in the process help set accurate expectations for buyers and sellers.

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Agents Appraisal Valuation Appraisal Process 82

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.

Appraisal Process 28

Appraisal Process Appraisal Sellers Buyers 28

Housing Wire

APRIL 6, 2021

Unfortunately, the appraisal put the house’s value roughly $50,000 below than what she paid. With others waiting in line behind her, the seller wouldn’t budge on price. Linda had a sizable downpayment but still needed to find a way to close the appraisal gap. Sellers are surely getting greedy.”. million and sell for $2.03

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Appraisal Reconsideration of Value Real Estate Agent Sellers 539

Housing Wire

JULY 12, 2022

It’s a model in stark contrast to that of inspections for traditional appraisals. It may also be viewed as revolutionary for an industry in which the most significant change to the appraisal process in the past few decades was the advent of appraisal management companies as an intermediary between lenders and appraisers.

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Appraisal Inspection Real Estate Agent Training 404

Miller Samuel

FEBRUARY 12, 2019

When Jeff and Marie asked me to be formally interviewed for their blog " The Apple Peeled " I was happy to do so, especially because I could veer off the road into issues about the current mortgage and appraisal process. Meanwhile, sellers are anchored to another market completely, he said. That process can take time. “If

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Marketing Real Estate Appraisal Sellers 221

Birmingham Appraisal

FEBRUARY 20, 2024

It’s important to understand that collaboration does not mean that both parties must work together so that the deal closes at the contract price no matter what. The lender, whether it be a bank, mortgage company, credit union, or other financial institution will provide the buyer with the funds through a mortgage to pay for the house.

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Agents Appraisal Real Estate Agent Bracketing 86

East Coast Appraisal

JUNE 10, 2022

Most buyers opt to finance the purchase of a home through a mortgage lender. Lenders will usually require an appraisal to determine the value of the property before approving a mortgage loan. It is possible for the appraisal price of a property to be lower than the agreed-upon purchase price between buyer and seller.

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Appraisal Appraisal Process Real Estate Sellers 52

Genworth MI Blog

AUGUST 31, 2022

Similarly, buyers began waiving inspection contract contingencies, which give the buyer options for negotiating remedies or price with the seller if the inspection reveals major issues. If you can’t account for condition and location in your appraisal, then you won’t have a credible one.

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Inspection Appraisal Marketing Appraisal Process 78

Birmingham Appraisal

SEPTEMBER 15, 2022

What is a Mortgage Appraisal? A mortgage appraisal is an appraisal that is done for mortgage lending purposes. Lenders, including banks and mortgage companies, require an appraisal to justify the loan they are making. Who is the Appraisal for? Steps in the Appraisal Process.

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Appraisal Inspection Appraisal Process Real Estate Agent 90

Appraisal Today

JANUARY 20, 2023

NOTE: Please scroll down to read the other topics in this long blog post on AMC fees, Real estate forecast, Google Business Profile, unusual homes, mortgage origination stats, etc. Record Share Of Sellers Give Concessions To Buyers Excerpts: ‘Buyers are asking sellers for things that were unheard of during the past few years.’

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Appraisal Contracts Sellers Business 52

Appraisal Today

JANUARY 19, 2024

Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! During the two-year renovation, the seller, who bought the home in 2017, updated the kitchen with a Bosch cooktop, Gaggenau appliances, and soft-close doors.

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Appraisal Contracts Real Estate Architecture 74

PennyMac

OCTOBER 4, 2022

Sellers, buyers, and refinancers should all be familiar with appraisals and how they fit in the homebuying/selling or mortgage process. Once the appraisal process is completed, there are a couple of scenarios that buyers and sellers can expect. What Is a Home Appraisal?

Appraisal 36

Appraisal Sellers Buyers Contracts 36

Birmingham Appraisal

JULY 27, 2022

If they didn’t lose out on a contract for the home of their dreams they had to bid the price up way over the list price to even get the attention of sellers who have had an edge in the market since interest rates dropped after the COVID pandemic. After all, a higher interest rate will result in a higher mortgage payment.

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Buyers Inventory Sellers Appraisal 87

East Coast Appraisal

MAY 7, 2021

You will have many roadblocks to get over, including the home's appraisal process. When you seek a bank mortgage to help fund a home, the bank will perform an appraisal to ensure the value of the home is worth what you are paying. The process is extra protection for a bank in case of foreclosure or defaulted loans.

Appraisal 52

Appraisal Appraisal Process Sellers Contracts 52

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. A buyer gets a seller’s disclosure statement for that information.

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Appraisal Training Inspection Real Estate 87

D Fritz Appraisals

AUGUST 12, 2019

Sometimes referred to as a property appraisal or a real estate appraisal, a home or house appraisal is a third-party report written by a professional appraiser that is meant to inform you and your mortgage lender on the monetary value of the property you are looking at buying.

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Inspection Appraisal Real Estate Property Appraisal 94

Eppraisal

NOVEMBER 12, 2021

Selling your home can be profitable in today's seller's market as home values have risen significantly this year. What's taken many sellers by surprise this year, however, is that some homes haven't been appraising due to these higher sales prices. Here are a couple of tips on what to expect during an appraisal.

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Appraisal Real Estate Agent Real Estate Buyers 36

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. NOTE: Please scroll down to read the other topics in this long blog post on VA changes, Driving vs. office time, unusual homes, mortgage origination stats, etc.

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Appraisal Today

DECEMBER 2, 2022

Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. Counseling buyers, sellers, owners, and tenants about listing and offering prices, and market rent. Completing Evaluations in compliance with the Interagency Appraisal and Evaluation Guidelines.

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Appraisal Agents Real Estate Real Estate Agent 81

Empire Appraisal Group

JULY 1, 2021

“Good appraisers want as much information as they can get,” said Claire Aufrance, an appraiser and broker from Greensboro, N.C., who sits on the North Carolina Appraisal Board and the Appraisal Institute Board of Directors. How Multiple Offers Factor Into the Appraisal Process.

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Agents Appraisal Real Estate Realtors 78

Eppraisal

NOVEMBER 23, 2021

Despite the super seller's market, appraisers are protecting the mortgage companies' interests. It hasn't been uncommon where homes haven't appraised for the prices on the real estate contracts this year. Appraisers are keeping a reign on how high prices will rise.

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Appraisal Real Estate Agent Real Estate Inspection 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? How Much Does An Appraisal Cost?

Real Estate 28

Real Estate Appraisal Inspection Contracts 28

Listing Spark

MARCH 15, 2022

Home appraisals are a method by which an appraiser reviews a home and compares them to homes in a specific neighborhood to determine their fair market price. Refinancing appraisals are another type of appraisal commonly used when an individual uses their current mortgage to buy and repay his/her existing mortgage.

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Appraisal Renovations Contracts Buyers 36

Realtor

NOVEMBER 1, 2023

Getty Images VA loans are a specialized mortgage option. But the process of buying a home with one isn’t considerably different from any other loan. Here’s a brief look at the VA loan process to help both veteran homebuyers and their real estate agents better navigate how to cross the finish line.

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Real Estate Agent Contracts Finance Real Estate 127

Aedis Appraisals

JUNE 13, 2017

Regardless of whether you happen to be the buyer, owner, or seller of a property, it’s important to understand the significance of appraisals and how they affect the inherent value of the property in question. What Is an Appraisal and When Do I Need One? How Does the Process Work?

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Property Appraisal Appraisal Inspection Real Estate 36

Housing Wire

DECEMBER 7, 2023

Students chose the school for its offering of live instruction classes for salespersons, brokers, appraisers, mortgage, and home inspection courses at various locations and convenient times, including weekend classes. After the class, you will receive the certificate for each state to renew both states’ licenses.

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Real Estate Real Estate Agent Law Brokerage 360

AmeriMac

JULY 25, 2022

The seller wants to max out the estimate based on the growing inflation and number of renovations made, while the buyer wants the best deal in the market even as home affordability worsens. This is why home appraisals are advised to ensure property costing is as fair as possible. What Is an Appraisal?

Real Estate 36

Real Estate Appraisal Valuation Clients 36

The Robert Weiler Company

OCTOBER 21, 2022

The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked. Question 6: What is the overall commercial real estate appraisal process?

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Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Today

AUGUST 25, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, MLS hacked, appraisers and real estate agents, Humor, unusual homes, mortgage origination == Massive Missouri Lake Winnebago House for $12.6M Why Does MLS Availability Affect Appraisals? to develop and report appraisals.

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Appraisal Real Estate Agent Agents Real Estate 77

Appraisal Today

APRIL 12, 2024

Home equity lines of credit (HELOCs): When homeowners apply for HELOCs, lenders may request desktop appraisals to ascertain the property’s value and determine the credit limit without requiring a full appraisal. However, the seller ended up taking the home off the block before the Dec. baths, 14,450 sq.ft., 14 auction date.

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Appraisal Construction Contracts Architecture 78

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. Real Estate Transactions.

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Appraisal Inspection Real Estate Buyers 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

Realtor

DECEMBER 15, 2016

AndreyPopov/iStock Buying real estate often requires some serious haggling between home buyer and seller, to arrive at a price that they’re both willing to accept. If you’re a buyer who needs a mortgage , most lenders will require that you obtain a home appraisal. What appraisers do. Appeal the appraisal.

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Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

AndreyPopov/iStock Buying real estate often requires some serious haggling between home buyer and seller, to arrive at a price that they’re both willing to accept. If you’re a buyer who needs a mortgage , most lenders will require that you obtain a home appraisal. What appraisers do. Appeal the appraisal.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

AmeriMac

JANUARY 3, 2022

Why Are Home Appraisals Important? First, it’s important to come to a better understanding of the function that home appraisals serve in the real estate process. Obviously, a seller wants to get the highest possible amount of money for the home they’re about to part with. What Is an Appraisal Contingency?

Appraisal 36

Appraisal Buyers Sellers Contracts 36

AmeriMac

JANUARY 3, 2022

Why Are Home Appraisals Important? First, it’s important to come to a better understanding of the function that home appraisals serve in the real estate process. Obviously, a seller wants to get the highest possible amount of money for the home they’re about to part with. What Is an Appraisal Contingency?

Appraisal 36

Appraisal Buyers Sellers Contracts 36