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Understanding Appraisal Factors That Impact Home Sales: Insights for Real Estate Agents

Birmingham Appraisal

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. Factors Considered by Appraisers When determining the value of a property, appraisers consider several crucial factors.

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The Appraiser-Agent Relationship: A Win-Win Approach

Birmingham Appraisal

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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The appraisal gap is complicating deals across the country

Housing Wire

Linda (who asked that her real name not be used) beat out a dozen other prospective buyers in a bidding war by offering $445,000 and waiving all contingencies. Unfortunately, the appraisal put the house’s value roughly $50,000 below than what she paid. With others waiting in line behind her, the seller wouldn’t budge on price.

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Black Knight’s REvolution suite helps streamline a time-consuming process

Housing Wire

One of the most challenging aspects in a real estate transaction is the valuation process. A simple mistake could drastically slow down the process and frustrate lenders, home buyers and sellers. And, the impact of the pandemic has complicated this process even further.

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The hybrid appraisal is here. Who benefits?

Housing Wire

It’s a model in stark contrast to that of inspections for traditional appraisals. It may also be viewed as revolutionary for an industry in which the most significant change to the appraisal process in the past few decades was the advent of appraisal management companies as an intermediary between lenders and appraisers.

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Real Estate Owned Appraisals: The Ultimate Guide

AmeriMac

Real estate transactions can be complex, especially regarding REO a ppraisals. Understanding the process and implications of these appraisals is crucial for both homebuyers and sellers. This post will cover everything you need to know about REO appraisals.

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Agents fight misconceptions to win deals for military veteran clients

Housing Wire

“This is an absolute must, especially in the market right now as it gives the lender an opportunity to fill the listing agent in on the buyer’s background and how the VA loan process works,” Pascoe explained. VA loans are secured by the VA, and statutorily must be appraised by the VA and not just any appraiser. “I

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