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How to Communicate Effectively with a Real Estate Appraiser in the Appraisal Process

Boston Appraisal

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers.

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The Home Appraisal Process: How It Can Impact Your Mortgage Payment

Realtor

-Oxford-/iStock The home appraisal process is just a formality when buying real estate, right? If you’ve applied for a mortgage, your home-to-be still has to undergo a comprehensive appraisal of its worth—and an unfavorable home appraisal can kill a real estate deal. As an appraiser, I’ll give you the answer.

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The Home Appraisal Process: How It Can Impact Your Mortgage Payment

Realtor

-Oxford-/iStock The home appraisal process is just a formality when buying real estate, right? If you’ve applied for a mortgage, your home-to-be still has to undergo a comprehensive appraisal of its worth—and an unfavorable home appraisal can kill a real estate deal. As an appraiser, I’ll give you the answer.

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Like it or not, desktop appraisals are here to stay

Housing Wire

By the end of 2020, FHFA signaled publicly it was considering hybrid appraisals on a permanent basis, following proposals from both Fannie Mae and Freddie Mac. 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.

Appraisal 365
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7 Common Mistakes Sellers Should Avoid During a Real Estate Appraisal

Birmingham Appraisal

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. These mistakes can significantly impact the value of a property and even lead to an appraisal being lower than the contract price.

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Real Estate Owned Appraisals: The Ultimate Guide

AmeriMac

Additionally, these appraisals assist real estate agents in setting the asking price and ensuring that the home’s condition aligns with the appraisal value, which is essential for the appraisal contingency. Accurate appraisals are vital for facilitating smooth real estate transactions.

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Decoding a Commercial Appraisal: Insider Insights

AmeriMac

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. Understanding the commercial real estate appraisal process is crucial for anyone involved in the buying or selling of commercial properties.