Appraisal Process Definition Market Value Real Estate Agent 
McKissock
JANUARY 31, 2023
As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” Thank you to the large number of appraisers who shared their input! ” “The definition of market value.”
AmeriMac
MAY 30, 2024
In this comprehensive guide, we will delve into the world of desktop appraisals, exploring their definition, key characteristics, and the differences between desktop and traditional appraisal. Desktop appraisals are especially common in cases where homeowners are seeking home equity loans or refinancing their mortgages.
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Realtor
SEPTEMBER 19, 2023
. “People think we know the value of the property as soon as we see it,” says Michael Coyle , the founder of The Coyle Group in Lafayette Hill, PA. A good understanding of the home appraisal process will go a long way toward comprehending how your home’s value is determined.
AmeriMac
DECEMBER 30, 2023
Understanding the process and implications of these appraisals is crucial for both homebuyers and sellers. This post will cover everything you need to know about REO appraisals. We will also discuss what happens if an REO appraisal is low and how it impacts property value.
Birmingham Appraisal
SEPTEMBER 26, 2023
The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? There is a difference.
Realtor
MARCH 7, 2023
This is definitely the case if you’re considering a USDA loan from the Department of Agriculture. The main criterion is that the home’s market value may not exceed the USDA’s applicable area loan limit. If it does, this information is then something a real estate agent can share with prospective homebuyers.
AmeriMac
DECEMBER 15, 2021
It’s important to understand that appraisals are ultimately designed to protect buyers from significantly overpaying for the home in question. That same study revealed that the second appraisals tended to come up at roughly 4% higher than the ones that were originally conducted soon after Fannie Mae took ownership of the homes.
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