Housing Wire

APRIL 30, 2022

With first hand knowledge of how complex and time consuming appraisals can be, Reggora is motivated to streamline and modernize the process, benefiting appraisers, lenders and buyers themselves. Before founding Reggora, Brian Zitin and Will Denslow, co-founders, launched a successful real estate brokerage.

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Appraisal Buzz

DECEMBER 6, 2021

A natural reaction to this situation, especially when faced with these statistics, is to try and get more appraisers to enter the industry. But this alone cannot solve the underlying issues with the current appraisal process, such as inefficient workflows and analogue data collection. AMCs Driving Tech Innovation .

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Housing Wire

OCTOBER 18, 2021

Thompson said that “frictions in the appraisal process” can slow down the mortgage process, a problem she said is particularly acute in rural communities. Appraisers often spend much of their day driving from property to property, Thompson said. How do remote valuation solutions benefit appraisers?

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East Coast Appraisal

OCTOBER 19, 2021

Whether you are buying, refinancing, or simply insuring a home or piece of property, a home appraisal is an important document in the process that you need to understand. Here are six key words and phrases that you should be familiar with before your next appraisal. East Coast Appraisal Service.

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Housing Wire

DECEMBER 13, 2021

The second category in critical defects was loan documentation (12.5% According to the report, defects in the appraisal category also more than doubled to 5.42% in the second quarter. Property appreciation is still very strong, but the appraisal process becomes more important in a purchase-driven market.

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Housing Wire

JUNE 11, 2021

Due to today’s booming housing market, the appraisal process may take anywhere from days to weeks to complete. The process can take even longer if the buyer or seller requests a second appraisal. However, once the appraiser is at the home, it’s generally about five business days,” Masseria estimates.

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Appraiserblogs

AUGUST 15, 2023

So the appraiser wrote a respectful email to Mr. Russell. It turns out, shortly after this FHFA document was released, Mr. Russell left FHFA. So if you’ve got… The post The Unbiased Reality of Census Tract Data Dump… Open Letter to FHFA appeared on Appraisers Blogs. So this nice letter sent several.

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Housing Wire

FEBRUARY 10, 2021

The future of appraisals is murky at the moment, with so much of the housing industry moving to online platforms in an attempt to social distance during the COVID-19 pandemic. “This will allow us to issue the closing documents sooner and complete loan closings faster,” Roy said. “By

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Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

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Appraisal Buzz

JULY 13, 2022

Asteroom’s solution expands upon its existing Desktop Appraisal Service for appraisal management companies and lenders. Their national network of over 5,000 trained and certified data collectors can document properties within one calendar day of an order being placed.

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Appraiserblogs

OCTOBER 31, 2022

Related Posts: Census Tract Info Used Against Appraisers "Census tract boundaries do not necessarily define the subject's market." Appraisers, of all the issues I’ve written about or questioned….

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Housing Wire

DECEMBER 8, 2023

Guide them through escrow Once you’ve won the offer, help your clients through the contingencies, inspections, the appraisal process and the final walk-through. Make your offer is the obvious front-runner based on facts, not just conjecture, and help your buyer put their best foot forward in the terms they’re offering.

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Appraisal Buzz

APRIL 19, 2022

Appraisal management companies (AMC’s) and appraisers can receive ANSI-compliant 2D floor plans with GLA calculations and a complete 3D tour of the interior and exterior, including street view shots, within 24 hours. The property can be visited the same day the order is placed so that data is provided to the appraiser the next day.

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Appraisal Hub

APRIL 21, 2023

The appraisal process is one of the most important steps in mortgage and property agreements. Only with a home appraisal in Toronto can you determine your property’s market value and verify that there are no hidden problems that could cause headaches down the line.

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East Coast Appraisal

AUGUST 22, 2023

You need to take some steps before and during the appraisal process to ensure that you get the most accurate and reliable valuation possible. Discover some tips on how to prepare for a commercial property appraisal. Therefore, treat them with respect and cooperation during the appraisal process.

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AmeriMac

APRIL 15, 2024

Understanding Home Appraisals A home appraisal is an official estimate of the fair market value of a home conducted by a licensed and impartial professional appraiser. The appraisal process involves gathering information about the home, the surrounding neighborhood, and recent nearby sales to determine the home’s value.

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Empire Appraisal Group

OCTOBER 12, 2023

Documentation : An appraisal provides a formal and documented valuation of the home, which can serve as evidence during the divorce proceedings. Peace of Mind : Knowing the true value of the home can bring peace of mind to both spouses, as it removes uncertainty and helps facilitate a smoother divorce process.

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Chicagoland Appraisal Blog

AUGUST 1, 2023

Whenever you come across “see addendum,” simply refer to the relevant addendum then return to the main appraisal document to continue. Before you know it you’ve carefully read and understood the appraisal. The letter may also specify any limitations or assumptions made during the appraisal process.

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AmeriMac

APRIL 30, 2024

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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Housing Wire

MAY 23, 2023

It’s a problem, it’s real, it’s documentable,” said Shannon Johnson, Touchless Lending product manager at Tavant. This gives them an idea of whether they’re being discriminated against in the appraisal process, reducing the risk of appraisal bias — or at the very least, increasing the consumer’s ability to spot if it’s happening to them.

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Simonson Real Estate

SEPTEMBER 16, 2021

What is a Standard Turn-around Time for a Commercial Appraisal? Here at Simonson Appraisals, we do our best to have a 3-4 week turn-around time because we understand the appraisal process will provide you with the confidence to make the correct business decision for your needs. We’d be happy to help.

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AmeriMac

JANUARY 30, 2024

The significance of Reverse Mortgage Appraisal In the context of reverse mortgages, a crucial aspect is ensuring that the property’s value aligns with the loan terms, making the reverse mortgage appraisal process significant. This professional and attentive approach guarantees the accuracy and reliability of the appraisal.

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Birmingham Appraisal

JUNE 21, 2023

Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for real estate agents to navigate the appraisal process effectively.

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Birmingham Appraisal

AUGUST 23, 2023

Navigating Complex Properties: In cases of unique or complex properties, agents and appraisers collaborate to ensure accurate valuations. Their combined insights aid clients in understanding the true value of these properties.

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McKissock

OCTOBER 15, 2021

The official 2022-2023 Online Update Course for Uniform Standards of Professional Appraisal Practice (USPAP), now available online , comes with a first-of-its-kind reference manual designed to help you quickly find answers to your USPAP-related questions. The following outlines some of the reference manual features.

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East Coast Appraisal

JULY 7, 2022

However, the appraiser may discover the falsification, thus affecting the negotiations. . For example, some property owners provide fraudulent documents showing their property sits on arable land. Falsifying information contravenes the principle of utmost good faith when disclosing facts relevant to the appraisal. .

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AmeriMac

NOVEMBER 30, 2023

Appraisers can work independently or as part of appraisal firms, real estate appraisal departments, financial institutions, corporations, or government agencies. Becoming a commercial appraiser requires appropriate education, training, experience, and certification.

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Birmingham Appraisal

AUGUST 30, 2023

A Look at Why Your Home May Not Appraise for The Expected Value When it comes to selling or refinancing your home, one of the crucial steps is the appraisal process. Appraisals determine the market value of your property, which affects your ability to secure a loan or make a profitable sale.

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Boston Appraisal

AUGUST 30, 2023

CPAs incorporate real estate appraisals into annual reports and financial statements. The accuracy of these documents is vital, not just for tax compliance, but also for shareholders, lenders, and regulatory agencies. When it comes to real estate, the appraisal process significantly impacts how taxes are assessed and reported.

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Housing Wire

JUNE 11, 2021

Rocket Pro TPO’s underwriting team is also highly specialized, which is especially important with the nuanced process involved with purchase loans. Equipped with size and skill, the lender is able to underwrite loans in 24 hours or less and review and clear documents in one day. Fast, fee-guaranteed appraisals.

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Simonson Real Estate

JULY 10, 2020

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. What has your experience been navigating the appraisal process? Value Scenarios.

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Realvals

AUGUST 9, 2022

Most have a full page of information on the property, and many have attached documents like floor plans or other relevant information. MLS systems have a considerable amount more of information than a Zillow listing, and they are where appraisers should get the bulk of their real estate data for use in the appraisal process. .

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AmeriMac

JANUARY 15, 2024

Understanding the role of a home appraiser, the importance of a home appraisal, and the factors to consider when choosing an appraiser are key to making an informed decision. So, let’s dive in and discover how to find the best local home appraiser.

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McKissock

JULY 27, 2021

Many survey respondents emphasized the importance of making sure your work is as detailed and well-supported as possible—by means of careful comparable selection and analysis, thorough documentation, and clear explanation of why the available comps do not support the contract price. ” Thorough documentation.

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East Coast Appraisal

JUNE 10, 2022

Lenders will usually require an appraisal to determine the value of the property before approving a mortgage loan. The appraisal process typically goes smoothly, but rapidly increasing property values and extreme competition within the real estate market have complicated the appraisal process in recent years.

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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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East Coast Appraisal

JULY 8, 2021

If you own a home, you may be wondering about appraisals. The appraisal process is commonly done when you buy or sell a home, but you may need one for many reasons. If you think you may need a home appraisal in the near. How Much Does a Home Appraisal Cost? On the other hand, an appraisal can help with.

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