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Fannie Mae: Appraisals are no longer the default option

Housing Wire

Fannie Mae updated its Selling Guide on Wednesday to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” Those options include value acceptance (formerly appraisal waivers), value acceptance plus property data and hybrid appraisals. “We

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The Ultimate Guide to Desktop Appraisal Process

AmeriMac

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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Different Property Valuation Methods

East Coast Appraisal

Investors employ diverse real estate appraisal and valuation methods that offer distinct benefits. Understanding these methods is essential for effective commercial and residential real estate valuation. Learn about the most common property valuation methods. Have questions about the appraisal process?

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The Appraiser’s Perspective: Insights and Tips for Real Estate Agents

Appraisal Hub

As a seasoned appraiser in the vibrant real estate market of Toronto, I’ve had the privilege of witnessing the ever-evolving landscape of property valuation. Over the years, I’ve come to appreciate the symbiotic relationship between appraisers and real estate agents.

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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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Hybrid Appraisals and the Associated Risks

Boston Appraisal

The appraiser obtains all relevant property characteristics and data such as measurements, room counts, condition, and quality, and utilizes this information in the report. This process has been the foundation of the appraisal process. What Are Hybrid Appraisals?

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

Home inspections provide valuable information that can make or break your decision to purchase a home, as well as help you plan for future improvements. An appraisal is a valuation of a property by a third party. The buyer typically covers the cost of the appraisal. And then water leads to mold.”. NMLS #412915.