Housing Wire
FEBRUARY 8, 2022
Loans for second homes, investment properties, cash-out refinances, construction loans, multi-unit properties, renovation loans, condos, co-ops or manufactured homes are not eligible. Any loan application flagged as ineligible by Fannie Mae’s automated underwriting system will have to use a traditional appraisal.
Birmingham Appraisal
JUNE 21, 2023
Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for real estate agents to navigate the appraisal process effectively.
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Birmingham Appraisal
AUGUST 23, 2023
Navigating Complex Properties: In cases of unique or complex properties, agents and appraisers collaborate to ensure accurate valuations. Navigating Negotiations with Confidence: Accurate appraisals empower agents to negotiate confidently, armed with objective valuations that are essential for reaching successful agreements.
AmeriMac
APRIL 15, 2024
Understanding Home Appraisals A home appraisal is an official estimate of the fair market value of a home conducted by a licensed and impartial professional appraiser. The appraisal process involves gathering information about the home, the surrounding neighborhood, and recent nearby sales to determine the home’s value.
Birmingham Appraisal
DECEMBER 19, 2023
As always, if you have any questions about what I am discussing here or about the appraisal process in general feel free to contact me. Mistakes Real Estate Agents Need to Steer Clear Of 1) Not providing an information packet to the appraiser – An information packet is the easiest thing to share with the appraiser.
Birmingham Appraisal
JULY 12, 2023
Upgrades and Renovations: Improvements made to a property can increase its value, but there is a point at which further upgrades result in diminishing returns. The post Understanding the Law of Diminishing Returns in Pricing: A Guide for Real Estate Agents appeared first on Birmingham Appraisal Blog.
D Fritz Appraisals
MARCH 16, 2021
The CMA (Comparative Market Analysis) from your Realtor – review this document to see if you know of any homes that were renovated after purchase. If you have any questions or concerns about the appraisal process, we recommend looking through our FAQ section , or contacting us by phone or email for assistance.
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