Housing Wire

DECEMBER 28, 2020

According to FHFA director Mark Calabria, modernizing the appraisal process has the potential to create a more “streamlined and accurate collateral valuation process.” According to the FHFA, hybrid appraisals would increase coverage for rural markets and high-volume areas where time becomes a greater issue.

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East Coast Appraisal

OCTOBER 19, 2021

If you are selling a property, you do not receive a copy of the appraisal. Your listing agent will, however, let you know if the property appraised at or above the agreed-upon price. Real estate agents and appraisers often say they are going to run the comps. East Coast Appraisal Service. Cost Approach.

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Real Quantum

JANUARY 11, 2023

How Accurate are Commercial Real Estate Appraisals? Commercial real estate appraisal accuracy can vary depending on a number of factors. For example, the qualifications and experience of the appraiser, the quality and quantity of comparable sales data available. References. Maximizing Accuracy.

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Padove Appraisal Service

FEBRUARY 27, 2023

Many people’s experiences with real estate appraisals are limited to mortgage applications. The appraiser is usually selected, and the report ordered through the lender. The task of selecting an appraiser for purposes such as estate planning and settlement, divorce, tax appeal, etc.,

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The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. Question 1: What is a commercial real estate appraisal?

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AmeriMac

FEBRUARY 18, 2021

Home appraisals are the perfect way to get an accurate measure of your house’s value. Now if you want to gain approval for a mortgage, you are going to need a good home appraisal. From the seller right down to the buyer, an experienced real estate appraiser is an essential part of the overall home purchasing process.

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AmeriMac

FEBRUARY 18, 2021

Home appraisals are the perfect way to get an accurate measure of your house’s value. Now if you want to gain approval for a mortgage, you are going to need a good home appraisal. From the seller right down to the buyer, an experienced real estate appraiser is an essential part of the overall home purchasing process.

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McCarthy Appraisal Blog

SEPTEMBER 4, 2018

How to Choose a Real Estate Appraiser? An appraisal is a professional appraiser’s unbiased and impartial opinion of value based on the condition of the property, prevailing real estate prices and other factors. An independent appraisal sets a benchmark value for your real estate.

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Appraisal Buzz

APRIL 15, 2024

Appraisers will be presented with the data elements needed to report the characteristics of the subject property, and analyze the market, comparables, and other necessary parts of the appraisal process. Only those data and report elements that are important for the scope of work will be presented to the appraiser.

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Housing Wire

SEPTEMBER 23, 2021

Others don’t provide appraisers with accurate enough data. Incenter Appraisal Management’s new remote appraisal inspection tool streamlines the appraisal process while ensuring appraisers stay in control of the inspection and data collection. Incenter recognizes the complexity of the appraisal process.

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AmeriMac

FEBRUARY 18, 2021

Home appraisals are the perfect way to get an accurate measure of your house’s value. Now if you want to gain approval for a mortgage, you are going to need a good home appraisal. From the seller right down to the buyer, an experienced real estate appraiser is an essential part of the overall home purchasing process.

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The Robert Weiler Company

SEPTEMBER 18, 2022

As a land buyer, owner, or seller, understanding the true market value of the real estate in question is important. But first, it’s important to understand what is a land appraisal, how it is appraised, the real estate appraisal process, and what to expect. What is a Land Appraisal?

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Housing Wire

JULY 9, 2021

The news is filled with talk of real estate. real estate market, matters are of course more complex than mere narratives, but we do all know that constant hype adds to the buoyancy of markets, which then creates more hype. residential real estate market is valued at about $40 trillion in aggregate.

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Appraisal Buzz

FEBRUARY 7, 2022

Exterior-Only is self-explanatory, where the scope of work states the appraiser completed an exterior viewing of the physical components of the property and the appraiser relied on other sources to gather property and improvement details. Appraisers rely on standards of practice and processes.

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AmeriMac

JANUARY 15, 2024

One crucial step in the real estate process is getting a home appraisal. But how do you find the best local home appraiser? We will guide you through the process of finding the most qualified appraiser in your area. So, let’s dive in and discover how to find the best local home appraiser.

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AmeriMac

DECEMBER 15, 2023

An appraisal management company (AMC) is a third-party entity that oversees the appraisal process for real estate transactions. Compliance with AMC rules is crucial because it ensures fair and accurate appraisals, protects against appraisal fraud, and maintains compliance with industry regulations.

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Simonson Real Estate

DECEMBER 6, 2022

Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.

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AmeriMac

APRIL 30, 2024

Commercial real estate appraisals are an integral part of buying or selling commercial properties. 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.

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Birmingham Appraisal

SEPTEMBER 26, 2023

Real estate professionals use a mix of data analysis, market knowledge, and professional judgment to determine a property’s value or list price. However, in the quest for accuracy and reliability, one common mistake that real estate professionals need to avoid is the undue influence of outlier sales in pricing strategies.

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Town & Country Residential Appraisals

JANUARY 30, 2023

I’ve been discussing the topic of real estate appraisals and the allegations of racial bias that has the possibility of creating issues for some homeowners or potential homeowners. When the appraisal is completed it is perceived to be “low”. A subsequent appraisal is completed in which the home has now been “whitewashed”.

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Lifestyle Properties of Maine

AUGUST 6, 2019

One of the most nerve wracking parts of a real estate transaction can be the appraisal process for both buyers and sellers. What is an appraisal? Why is an appraisal necessary? What if the home doesn’t appraise for the contract value? An appraisal is seeking value. How much does it cost?

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Genworth MI Blog

AUGUST 31, 2022

Additionally, appraisers are only qualified to comment on the observed condition of a property. They are required to refer concerns impacting livability, soundness and/or structural integrity to a more qualified expert for further assessment. Q: How do automated valuation models (AVMs) come into play in the appraisal process?

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D Fritz Appraisals

OCTOBER 22, 2019

Start with our quick guide to choosing a home appraisal company. Before anything else, be sure you’re only considering real estate appraisal companies that specialize in your property type. Ask an appraisal company about their staff’s education, certifications, and amount of insurance liability. Home Appraisals.

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The Robert Weiler Company

MAY 14, 2021

It is a group of increasingly vibrant – “and growing” – individuals with many estate planning appraisal and real estate planning needs for multiple properties. How Are Real Estate Appraisals Related to Estate Planning? Importance of Estate Planning Appraisal of Real Estate Properties.

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Chicagoland Appraisal Blog

MAY 13, 2021

A home appraisal is an unbiased opinion of a home or property’s value. Real estate professionals or other appraisal experts can help you determine the market value of your home. Home values are, unfortunately, subject to the ups and downs of the real estate market. The Value of a Home Appraisal.

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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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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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McKissock

JULY 20, 2021

The root of many misconceptions about the appraisal inspection is the word “inspection” itself. Appraisers perform similar inspections, to one degree or another, in most appraisal assignments. Can an appraisal inspection substitute a home inspection? Why are these roles often confused?

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Realtor

AUGUST 24, 2017

As you go around the home, put everything down on one list so that you can easily refer to it later. “I work with the seller to prepare a highlight sheet, just a simple one-page document outlining all the upgrades that have been done to the home,” says Ryan Hardy , a real estate agent with Gold Coast Realty Chicago.

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Realtor

AUGUST 24, 2017

As you go around the home, put everything down on one list so that you can easily refer to it later. “I work with the seller to prepare a highlight sheet, just a simple one-page document outlining all the upgrades that have been done to the home,” says Ryan Hardy , a real estate agent with Gold Coast Realty Chicago.

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D Fritz Appraisals

AUGUST 12, 2019

home appraisal – an often mandatory step the buyer’s lender insists on. A home appraisal and a home inspection are two important steps in many real estate transactions, and for new buyers, there can sometimes be confusion over the two terms. What Is a Home Appraisal? If you’re buying your first new home, we at D.

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Birmingham Appraisal

APRIL 11, 2023

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. By superior I refer to the different features that contribute to higher sale prices of homes.

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Appraisal Today

MAY 17, 2024

What Tools Do You Use to Support Your Appraisal Adjustments? By McKissock As part of our monthly survey series, we asked our community of real estate appraisers, “What tool(s) do you use to support your appraisal adjustments?” Hamptons, NY Compound Comes With a 750-Gallon Shark Tank Excerpts: 24 bedrooms, 27.5

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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. Brokers followed with 24%, and appraisal-certified professionals comprised 14% of the respondents. For example, I’m appraising a Victorian built before 1910.

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AmeriMac

FEBRUARY 28, 2022

One of the most important aspects of the real estate market is also the one that most people don’t spend too much time thinking about: real estate appraisals. Any type of appraisal serves a crucial purpose: accurately determining the value of the property in question.

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AmeriMac

FEBRUARY 28, 2022

One of the most important aspects of the real estate market is also the one that most people don’t spend too much time thinking about: real estate appraisals. Any type of appraisal serves a crucial purpose: accurately determining the value of the property in question.

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AmeriMac

MAY 15, 2021

By having a better understanding of the art and science that goes into appraising a property, buyers and sellers can have a better idea of what to expect from the process and how to choose an appraisal company with their best interests in mind. The Science of Property Appraisals. individual room measurements.

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