Housing Wire

APRIL 6, 2021

The gap between appraisal and what buyers are willing to pay in one of the wildest real estate markets in modern history has created friction between agents, lenders and appraisers working under stressful conditions. I’ve seen a house listed at $1.7 million and sell for $2.03 million,” he added.

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Appraisal Reconsideration of Value Real Estate Agent Sellers 539

Riverfront Appraisals

JUNE 13, 2021

This post is part six of a 12-part series we’re calling The Loan Officer’s Guide to Appraisals. So far in our series, we’ve looked at final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value and bracketing. […]. appeared first on Riverfront Appraisals.

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Reconsideration of Value Final Inspection Bracketing Appraisal 80

Riverfront Appraisals

APRIL 30, 2021

This post is part five of a 12-part series we’re calling The Loan Officer’s Guide to Appraisals. So far in our series, we’ve looked at final inspections, lending on unique homes, communication with the appraiser, and reconsiderations of value. appeared first on Riverfront Appraisals. So if this is […].

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Bracketing Reconsideration of Value Final Inspection Appraisal 78

McKissock

DECEMBER 28, 2021

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. Desktop appraisals, with information provided by third-party hirelings, may increase.

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Birmingham Appraisal

FEBRUARY 20, 2024

While agents and appraisers cannot discuss value we can talk about the property and why they may have priced it at what they did. One tool the agent uses to price the property is the Comparative Market Analysis or CMA, and by sharing this with the appraiser they can better understand what went into the agent’s pricing strategy.

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Agents Appraisal Real Estate Agent Bracketing 89

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 77

Appraisal Buzz

FEBRUARY 7, 2022

The markets perceived no additional risk in transactions where the appraiser signing off on the valuation of the collateral being utilized for a credit decision did not physically inspect the property. Additionally, there was a healthy dose of government stimulus involved to ensure there would be no disruption in the capital markets.

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Appraisal Inspection Development Technology 435

Birmingham Appraisal

SEPTEMBER 15, 2022

If the bank uses a waiver it is still a good idea for the borrower to obtain an appraisal of their own to make sure that they are not paying more than the home is worth. Appraisal vs Home Inspection. As you can see, there are major differences between home appraisals and home inspections and both are very important. Conclusion.

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Appraisal Inspection Appraisal Process Real Estate Agent 93

Appraisal Today

APRIL 7, 2023

Communicating quickly with the lender is an issue with the appraisal process. NOTE: Please scroll down to read the other topics in this long blog post on ROVs, non-lender appraisals, appraisal business, unusual homes, mortgage origination stats, etc. == Amazing Guitar-Shaped House in Georgia Currently off market.

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Appraisal Property Taxes Reconsideration of Value Contracts 52