Housing Wire

FEBRUARY 8, 2022

Desktop appraisals arrived in March of 2020, allowing the housing market to keep humming while many stayed indoors to prevent the spread of COVID-19. Allowing appraisals without a walk-through was one of several flexibilities the Federal Housing Finance Agency allowed in light of the pandemic.

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AmeriMac

DECEMBER 30, 2023

Definition and Purpose of REO Appraisals REO appraisals play a crucial role in establishing the market value of homes, especially during the foreclosure process. Mortgage lenders rely on these appraisals to determine the value of fundamental estate-owned properties, directly impacting loan amounts for refinancing.

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AmeriMac

FEBRUARY 18, 2021

A precise appraisal is a critical step of the process regardless of whether you want to sell, buy, or refinance. Let’s discuss what an appraisal is and why it’s so important. What is the Appraisal Process? A home appraisal refers to an unbiased and accurate report of your home’s worth.

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AmeriMac

FEBRUARY 18, 2021

A precise appraisal is a critical step of the process regardless of whether you want to sell, buy, or refinance. Let’s discuss what an appraisal is and why it’s so important. What is the Appraisal Process? A home appraisal refers to an unbiased and accurate report of your home’s worth.

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Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals.

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Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. Mortgage lending work is only one type of business where appraisals are needed. Why not create some meaningful charts reflecting housing data in your market area?

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AmeriMac

APRIL 30, 2024

These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area. What Exactly Is a Commercial Appraisal? For buyers, a commercial appraisal helps ensure that they are not overpaying for a property.

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AmeriMac

FEBRUARY 18, 2021

A precise appraisal is a critical step of the process regardless of whether you want to sell, buy, or refinance. Let’s discuss what an appraisal is and why it’s so important. What is the Appraisal Process? A home appraisal refers to an unbiased and accurate report of your home’s worth.

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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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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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East Coast Appraisal

AUGUST 22, 2023

An appraisal is an unbiased opinion of the value of a property based on its physical characteristics, location, market conditions, and income potential. An appraisal can help you determine the fair market value of your property, negotiate a better deal, or secure a favorable loan.

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East Coast Appraisal

SEPTEMBER 12, 2022

Assuming your PMI agreement is eligible and your payments are current, you can move forward with the appraisal process to prove your loan-to-value ratio. . Even as the market cools off, home values are likely to keep increasing for the foreseeable future. When You Finish Renovations. When Home Prices Increase.

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AmeriMac

NOVEMBER 30, 2023

Certified appraisers follow the guidelines of the appraisal institute to conduct these appraisals. Factors like market conditions, property conditions, income stream, comparable sales, and income potential are considered. The property inspection is a crucial step in the commercial appraisal process.

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AmeriMac

APRIL 30, 2023

A home appraisal is a professional valuation analysis of a property, which is usually conducted by a certified or licensed appraiser hired by the lender during the home purchase or refinancing process. They also take into account market factors and other relevant aspects that could affect the property’s value.

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AmeriMac

MAY 24, 2023

In this blog, we will dive deep into what commercial real estate appraisals entail, why they are so important, who conducts them, and how much they cost. We’ll also cover the different types of commercial properties that can be appraised, the overall appraisal process, and the accuracy of these appraisals.

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D Fritz Appraisals

MARCH 16, 2021

Be Prepared for an Appraisal for a Positive Impact on Your Home’s Valuation. 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. How Do I Get Ready for the Appraisal on My House?

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Simonson Real Estate

JULY 10, 2020

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. Most lenders will request the fee simple interest be appraised. Note that U.S. Value Scenarios.

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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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The Robert Weiler Company

OCTOBER 21, 2022

To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked. So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. So, why do you need a commercial real estate appraisal?

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Real Quantum

JANUARY 7, 2023

What is a Commercial Real Estate Appraisal? For everyone that might not be familiar, here is a quick explanation of the commercial real estate appraisal. Commercial Appraisal Process. Commercial real estate appraisal is the process of determining the value of a piece of commercial property.

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Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Lenders, what’s in it for you?

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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 Buzz

APRIL 8, 2024

One of its most intriguing applications lies in the domain of appraisals. As industries grapple with the challenges of transparency, accuracy, and trustworthiness in valuation processes, blockchain emerges as a beacon of hope. This ensures that every valuation stands the test of time, free from potential manipulation.

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AmeriMac

AUGUST 17, 2023

Conducted independently, the appraisal is a part of the loan application process, with its cost typically included in the closing costs. It ensures that the homeowner’s equity aligns with the loan amount and provides a fair valuation based on various factors. Why an Appraisal is Crucial for a Reverse Mortgage?

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Cleveland Appraisal Blog

MARCH 4, 2021

Subsequently, a new home typically has a higher market value than one that has already been lived in. For instance, a thirty-year old home may have an effective age that is the same as a fifty-year old home, if the fifty-year old home has been renovated to a degree that is comparable to the younger home. – APPRAISAL TODAY.

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AmeriMac

JUNE 14, 2021

The appraiser is charged with getting and analyzing information about the property. The information gathered might also include market area data and comparable property data. The appraiser will also take into account scarcity, desire, utility and adequate purchasing power. What Happens During the Commercial Appraisal Process?

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AmeriMac

JUNE 14, 2021

The appraiser is charged with getting and analyzing information about the property. The information gathered might also include market area data and comparable property data. The appraiser will also take into account scarcity, desire, utility and adequate purchasing power. What Happens During the Commercial Appraisal Process?

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AmeriMac

JUNE 14, 2021

The appraiser is charged with getting and analyzing information about the property. The information gathered might also include market area data and comparable property data. The appraiser will also take into account scarcity, desire, utility and adequate purchasing power. What Happens During the Commercial Appraisal Process?

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AmeriMac

JULY 25, 2022

Home negotiations can be deadlocked because of the valuation differences of a property by both prospects and homeowners. The seller wants to max out the estimate based on the growing inflation and number of renovations made, while the buyer wants the best deal in the market even as home affordability worsens.

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Appraisal Buzz

SEPTEMBER 5, 2022

Communication took on many forms, including development of written documents stating client reporting requirements, utilizing technology platforms to increase transparency throughout the appraisal process, and developing feedback to the appraiser on appraisal submissions. Complexity in Process and Properties.

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Housing Wire

JANUARY 19, 2022

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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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 on inspections and remediations, improvements, and the appraisal process.

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Realvals

JUNE 18, 2023

In today’s dynamic market, there are many situations where you may need a real estate appraisal. An appraisal provides you with the clearest understanding of the value of your real estate. Whether you are buying, selling, or refinancing, an appraisal helps you make well-informed decisions in the process.

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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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AmeriMac

MAY 15, 2021

Some scientific factors that may come into play when it comes to an appraisal include: the square footage of the home or building. recent property tax valuations. Meanwhile, there are also individual state requirements that appraisers must follow when determining the value of a property. individual room measurements.

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AmeriMac

MAY 15, 2021

Some scientific factors that may come into play when it comes to an appraisal include: the square footage of the home or building. recent property tax valuations. Meanwhile, there are also individual state requirements that appraisers must follow when determining the value of a property. individual room measurements.

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AmeriMac

MAY 15, 2021

Some scientific factors that may come into play when it comes to an appraisal include: the square footage of the home or building. recent property tax valuations. Meanwhile, there are also individual state requirements that appraisers must follow when determining the value of a property. individual room measurements.

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