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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

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.”

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Fannie Announces New Options for Property Valuations, Market Rebound Halts, and More Appraisal News

McKissock

In Fannie’s announcement of the updates, it says it’s “transitioning to a range of options to establish a property’s market value” that “balances traditional appraisals with appraisal alternatives.” ” Options introduced with this update include value acceptance (a.k.a.

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5 Tips for Appraising Green Homes

McKissock

Here are five tips for appraising green homes that you can use as guidance. You must independently determine whether there is sufficient information available to develop a reliable opinion of market value for each individual property. Free guide: Want more tips for appraising green homes? Dig deep for comparables.

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Fannie Announces New Options for Property Valuations, Market Rebound Halts, and More Appraisal News

McKissock

In Fannie’s announcement of the updates, it says it’s “transitioning to a range of options to establish a property’s market value” that “balances traditional appraisals with appraisal alternatives.” ” Options introduced with this update include value acceptance (a.k.a.

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Fannie Announces New Options for Property Valuations, Market Rebound Halts, and More Appraisal News

McKissock

In Fannie’s announcement of the updates, it says it’s “transitioning to a range of options to establish a property’s market value” that “balances traditional appraisals with appraisal alternatives.” ” Options introduced with this update include value acceptance (a.k.a.

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Mortgage Term Glossary

Assurance Financial

Before you buy a home or refinance a mortgage, your property will most likely need to go through the appraisal process. During an appraisal, a professional will evaluate your home’s condition, how much similar homes have sold for recently and the overall market to determine the value of your home.