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Busting VA mortgage loan myths

Housing Wire

My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan. This product allows a homebuyer to purchase a fixer-upper and finance the purchase and renovation in one loan based on the expected appraised value of the home after improvements. Who is eligible?

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Historical Properties and Their Unique Appraisal Approaches

Boston Appraisal

Introduction Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Leveraging Market Data The appraisal process begins with a thorough analysis of market data, focusing on sales of properties that share historical or antique characteristics.

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Desktop appraisal option to start in March

Housing Wire

To be eligible for a desktop appraisal, according to Fannie Mae , the loan must be a purchase transaction, secured by a one-unit principal residence and have a loan-to-value ratio of no more than 90%. Lenders leapt at the opportunity to conduct appraisals remotely, especially in the northeastern part of the country.

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Revolutionizing Appraisals: The Role of Blockchain Technology

Appraisal Buzz

Real Estate: In a sector where property valuations can vary significantly based on an appraiser’s judgment, blockchain can offer a standardized and transparent valuation method. AI can analyze vast amounts of data on the blockchain to provide insights, predictions, and even automate certain appraisal processes.

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26 Reasons to Get an Appraisal

Realvals

Tax appeal boards are more likely to consider a well-documented, professionally prepared appraisal in a timely manner. Renovating a Home If you are planning to renovate your home, getting an appraisal beforehand is a smart move. As a property owner, you should be aware of the appraisal process during this acquisition.

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Home Appraisal 101: Maximizing the Value of Your Home

Chicagoland Appraisal Blog

And that means you can actually impact your home’s value by making renovations that are likely to increase its marketability and value in the real estate market. . The Value of a Home Appraisal. What Is the Home Appraisal Process? Some real estate firms or banks may refer to the home appraisal as a real estate appraisal.

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Commercial Appraisal: Understanding the Basics

AmeriMac

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. Contact us at AmeriMac today!