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Geographic “Data” Competency?

Appraisal Buzz

Most, if not all of the complaints stem from “low” appraisals being followed by “high” appraisals – ironically, all of these appraisals were performed by appraisers that lived in close proximity of the subject property and were deemed to have geographic competency.

Appraisal 347
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How will appraisal technology evolve in 2022?

Housing Wire

Digging into the workflow technology a bit further, it’s going to become increasingly important for appraisal management systems to have built-in flexibility for managing new types of workflows. The appraisal process, which isn’t simple to begin with, is becoming even more dynamic.

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Decoding a Commercial Appraisal: Insider Insights

AmeriMac

These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area. Understanding the commercial real estate appraisal process is crucial for anyone involved in the buying or selling of commercial properties.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

What is Checked During a Home Appraisal? There are two main parts to a Home Appraisal: Inspection of the property. Property inspection: As part of the appraisal process, your home appraiser will conduct an on-site inspection of the property. Future potential for development of the home.

Appraisal 105
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7 Top Tips for a Great Home Appraisal: A Checklist to Prepare Your Property

PennyMac

Whether you’re selling your home to begin a new adventure or refinancing your existing home, getting an appraisal with the value you want is an important hurdle to clear. You may feel that the appraisal process is out of your control, but there are many easy and inexpensive ways to get both yourself and your home ready.

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How To Appraise Rural Properties

Appraisal Today

It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgage appraisal process. Mass Appraisal is defined in the Homeowner’s Guide to Mass Appraisal as “the systematic appraisal of groups of properties as of a given date using standardized procedures and statistical testing.”

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My Top 11 Tips For Realtors When Choosing Comps

Birmingham Appraisal

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. It’s been said that choosing the right comps is ninety percent of the battle when pricing a home and I agree.