Remove Appraisal Process Remove Mortgage Appraisal Remove Realtors
article thumbnail

My Top 11 Tips For Realtors When Choosing Comps

Birmingham Appraisal

11 Helpful Tips For Choosing Comps Whenever I speak to agents about the real estate market and the appraisal process the one topic that the discussion always leads to is about choosing comps. Appraisers will use the most recent sales available so it stands to reason that agents should do this as well.

article thumbnail

Like it or not, desktop appraisals are here to stay

Housing Wire

Listing agents have a clear motivation to provide information that might pad an appraisal. “If If the Realtor says there are hardwood floors throughout, and the appraiser puts that in the appraisal report and it’s not the case, that’s a problem,” Dicks said. Appraisers are also likely to balk at another pay cut.

Appraisal 370
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Appraiser-Agent Relationship: A Win-Win Approach

Birmingham Appraisal

This can come in the form of a pre-listing appraisal to help establish a market-supported asking price for the seller. The appraisal can also give potential buyers peace of mind that the home is accurately priced and will most likely not have any value issues when the mortgage appraisal is performed.

Agents 89
article thumbnail

Agents fight misconceptions to win deals for military veteran clients

Housing Wire

A lot of the misconceptions about working with VA loans center on the VA appraisal process – which differs from conventional mortgage appraisals – as well as the time it will take for a transaction to close. VA loans are secured by the VA, and statutorily must be appraised by the VA and not just any appraiser. “I

Clients 403
article thumbnail

BREAKING The New York State AMC Law Is Now In Effect

Miller Samuel

When the draft of the bill was approved by the NYS Board of Real Estate Appraisal , Carol DiSanto who is the Vice Chair, walked it across the street to The New York State Association of REALTORS (NYSAR). This is why we need consumer protection in the mortgage business. mortgage appraisal volume) for properties in New York State.

Law 367