Housing Wire

NOVEMBER 22, 2023

We also use AI to help run our operations and drive operational efficiency by using predictive analytics and how we assign appraisals to appraisers. And we use AI in our DataMaster solution to do market analysis and support appraisers in how they’re developing appraisal reports.

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Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser.

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Appraisal Inspection Real Estate Agent Training 410

East Coast Appraisal

MAY 24, 2023

While trying to buy a home, you may have found out that some lenders require their borrowers to have an appraisal and/or an inspection completed. Some lenders may only require an appraisal and leave the decision about an inspection up to you. During an appraisal, the buyer or seller doesn't need to be present.

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Housing Wire

MAY 31, 2021

Black Knight’s REvolution suite provides appraisers and other valuation professionals with a seamless appraisal process from property inspection to report delivery. Using SCOUT, homeowners, inspectors, real estate agents and appraisers can collect property data on a mobile device.

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Inspection Valuation Real Estate Real Estate Agent 196

Rowe Appraisal Group

MAY 5, 2020

A couple of days ago I was sitting down to start writing a blog post on how to streamline the initial appraisal process, specifically gathering information on the subject property prior to doing the inspection. Choose your own adventure or tailor one of these questionnaires to fit the Real Estate Agents in your own market!

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Real Estate Agent Real Estate Agents Inspection 36

Rowe Appraisal Group

MAY 5, 2020

A couple of days ago I was sitting down to start writing a blog post on how to streamline the initial appraisal process, specifically gathering information on the subject property prior to doing the inspection. Choose your own adventure or tailor one of these questionnaires to fit the Real Estate Agents in your own market!

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Real Estate Agent Real Estate Agents Inspection 36

AmeriMac

DECEMBER 30, 2023

We will start with the definition and purpose of these appraisals, followed by how they work, the factors considered in them, and preparing for an appraisal. We will also discuss what happens if an REO appraisal is low and how it impacts property value.

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Real Estate Appraisal Inspection Appraisal Process 36

Clear Capital

JULY 14, 2023

As the real estate and mortgage industries work to modernize the home valuation process, Fannie Mae and Freddie Mac continue to offer new alternatives to the traditional home appraisal. The introduction of inspection-based appraisal waivers offers an increasingly positive impact to both lenders and consumers.

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Appraisal Inspection Real Estate Agent Training 68

Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

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Agents Appraisal Real Estate Agent Bracketing 86

Birmingham Appraisal

AUGUST 23, 2023

In the often chaotic world of real estate, the appraiser-agent relationship can contribute to a smoother process. When real estate agents and appraisers work together seamlessly, clients benefit from well-informed decisions, transactions become smoother, and professional relationships are strengthened.

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Birmingham Appraisal

SEPTEMBER 15, 2022

Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection. Steps in the Appraisal Process.

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Appraisal Inspection Appraisal Process Real Estate Agent 90

D Fritz Appraisals

OCTOBER 11, 2022

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. What is a Home Appraisal and Why is it Important?

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Appraisal Inspection Property Taxes Easement 106

Birmingham Appraisal

SEPTEMBER 28, 2022

As a buyer, seller, or real estate agent involved in a sales transaction it’s important to be aware of changes in how things are done that may affect you. One of these changes is the use of the hybrid appraisal by lenders. What Is A Hybrid Appraisal? Things To Consider With Hybrid Appraisals.

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Appraisal Property Inspector Training Real Estate Agent 59

Housing Wire

JANUARY 3, 2023

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect.

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Modernization Real Estate Agent Reconsideration of Value Appraisal Process 78

McKissock

DECEMBER 1, 2020

Applying the term bifurcation to appraising would mean that the appraisal process is divided into two parts. In the most general terms, a supervisory appraiser and appraiser trainee working on an appraisal may follow a bifurcated appraisal process. Why call it an enhanced desktop appraisal?

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Appraisal Inspection Appraisal Process Real Estate 58

Listing Spark

OCTOBER 9, 2023

Are you considering selling your home without the assistance of a real estate agent? Many homeowners opt for the For Sale By Owner (FSBO) approach to cut costs and have more control over the sales process. For Sale By Owner refers to the process of selling a home without the involvement of a real estate agent or broker.

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Real Estate Agent Legal Real Estate Agents 36

Appraisal Today

SEPTEMBER 22, 2023

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Survey respondents Sales agents accounted for the largest proportion, with 45% of participants holding this license. To me, the big issue is who is doing the inspections.

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Housing Wire

DECEMBER 7, 2023

Visit Website Overview The Lee Institute School of Real Estate combines professional instruction and video format training to make the concepts of the real estate business more digestible and engaging. Course Access: 180 days from the date of registration to complete your 40-hour course.

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Real Estate Real Estate Agent Law Brokerage 370

The Appraiser Coach

OCTOBER 17, 2023

How long have you been appraising? But you know that the appraisal process and the appraisal form are two separate things. The process that you go through to do an appraisal and the type of reporting you do on that process could be miles apart, although they are related.

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Appraisal Appraisal Process Technology Clients 195

Appraisal Today

MARCH 15, 2024

Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics. We’ve found five glorious examples of glass houses on the market right now.

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Realtor

MARCH 7, 2023

The main criterion is that the home’s market value may not exceed the USDA’s applicable area loan limit. The USDA home loan appraisal process To prove that a home meets the USDA’s criteria, all homes financed by USDA loans must undergo an appraisal.

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Inspection Appraisal Market Value Finance 111

Appraisal Today

SEPTEMBER 23, 2022

At the least we ought to describe the market as showing a downward seasonal shift, though it’s possible we can call this a downward cycle if the trend persists over time. Will we see smaller homes more often as first-time buyers flood the market? Markets are changing in many areas, but are complicated by price range, size, etc.

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Eppraisal

NOVEMBER 23, 2021

The real estate market is still hot and there are currently more buyers than homes available for sale. So far in this year's fall real estate market, home values continue to rise. Despite the super seller's market, appraisers are protecting the mortgage companies' interests.

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Appraisal Real Estate Agent Real Estate Inspection 36

McKissock

MARCH 8, 2022

In January 2022, Fannie Mae and Freddie Mac announced a desktop appraisal option that goes live in mid-March 2022. In various articles and opinion pieces, some claim that desktop appraisals will solve the appraiser shortage and modernize the appraisal process, while others claim that they will cause the demise of the appraisal profession.

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Appraisal Inspection Real Estate Agent Technology 88

D Fritz Appraisals

MARCH 16, 2021

Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property.

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Appraisal HOA Easement Valuation 127

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. Why is a Home Appraisal Important?

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Appraisal Appraisal Process Valuation Real Estate 36

Eppraisal

NOVEMBER 12, 2021

Selling your home can be profitable in today's seller's market as home values have risen significantly this year. What's taken many sellers by surprise this year, however, is that some homes haven't been appraising due to these higher sales prices. Here are a couple of tips on what to expect during an appraisal.

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Appraisal Real Estate Agent Real Estate Buyers 36

PennyMac

OCTOBER 10, 2023

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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Appraisal Real Estate Agent Renovations Home Value 69

AmeriMac

APRIL 15, 2024

When it comes to buying, selling, or refinancing a home, one important step in the process is getting a home appraisal. A home appraisal is a professional estimate of a home’s value and plays a crucial role in determining the market value of the property.

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Appraisal Appraisal Process Real Estate Renovations 36

D Fritz Appraisals

OCTOBER 22, 2019

A company with decades of experience speaks to their reputation and knowledge of the market. Fritz Appraisals is one of Victoria’s longest standing appraisal firms, with more than 40 years of experience in all aspects of the real estate industry in Victoria, BC. Up Next: Home Inspections vs. Home Appraisals.

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Appraisal Property Appraisal Real Estate Appraisal Process 78

Housing Wire

AUGUST 21, 2023

Year Founded Description 98 OptiFunder 4,767% 2018 Finance company helping independent mortgage lenders choose among funding options and streamline the process. 126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time.

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Real Estate Real Estate Agent Technology Investors 366

D Fritz Appraisals

MARCH 7, 2019

Looking for ways to increase the appraised value of your home? The biggest things determining the value of your home are its location, its size, and the current market conditions. While these three factors are out of your control, there are still many things you can do to impress appraisers and list your house for top dollar.

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Renovations Appraisal Real Estate Agent Buyers 78

Housing Wire

AUGUST 11, 2023

Appraisal modernization is a hot topic right now, but updating the appraisal process is easier said than done. The process today is limited by a number of structural constraints, according to Scott Reuter, Single-Family chief appraiser at Freddie Mac.

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Appraisal Today

APRIL 7, 2023

AMCs Assuring that the appraiser has the correct contact information for an inspection is very important. There have been numerous instances in which I have not been able to get ahold of a contact for an inspection only to find out weeks later that the AMC gave me the wrong contact information. Was listed for $748,000 in 8/22.

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Appraisal Property Taxes Reconsideration of Value Contracts 52

AmeriMac

DECEMBER 15, 2021

These appraisals are typically conducted by licensed and certified experts and are based on, among other things, similar homes in the same neighborhood and other factors pertaining to the market. Part of the discrepancy here comes by way of how the appraisal process works to begin with.

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Real Estate Appraisal Market Value Contracts 36

AmeriMac

DECEMBER 15, 2021

These appraisals are typically conducted by licensed and certified experts and are based on, among other things, similar homes in the same neighborhood and other factors pertaining to the market. Part of the discrepancy here comes by way of how the appraisal process works to begin with.

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Real Estate Appraisal Market Value Contracts 36

Appraisal Today

DECEMBER 2, 2022

Excerpts from the letter: … including, but not limited to, experience in real estate market analysis and real estate brokerage, including: • Evaluating and pricing residential real estate. Counseling buyers, sellers, owners, and tenants about listing and offering prices, and market rent.

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