Kairos Appraisal Services

SEPTEMBER 3, 2021

AMCs were created from Dodd-Frank to separate mortgage brokers from appraisers, protect the market from inflated and/or biased values, and facilitate the entire appraisal process.

Appraisal Process 52

Appraisal Process Appraisal Real Estate Mortgage 52

Realtor

FEBRUARY 22, 2019

-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. Allow us to demystify the process.

Appraisal Process 78

Appraisal Process Appraisal Mortgage Buyers 78

Realtor

FEBRUARY 22, 2019

-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. Allow us to demystify the process.

Appraisal Process 78

Appraisal Process Appraisal Mortgage Buyers 78

Housing Wire

AUGUST 2, 2022

Exterior-only appraisals could help in cases where accessing the property could be difficult or “cause undue delay” in the appraisal process. In order to have the alternative appraisal options, lenders must be approved to participate in the VA’s Lender Appraisal Processing Program.

Appraisal 363

Appraisal Appraisal Process Renovations Finance 363

Housing Wire

JUNE 11, 2021

You can potentially ask the seller to pay for the improvements, or you can ask for a lower sales price to offset the cost of the repairs. If the appraised value ends up matching or is higher than the contract price, the transaction can continue as planned. If it’s denied, buyers can also choose to walk away from the deal.

Inspection 427

Inspection Appraisal Buyers Appraisal Process 427

Midtown Appraisal Group

MARCH 1, 2022

What you should know about the appraisal process We know that whether you’re a buyer or a seller, the appraisal process – especially for residential or agricultural properties – can be nerve-wracking. Why do I need an appraisal? Contrary to popular belief, […].

Appraisal 153

Appraisal Appraisal Process Sellers Buyers 153

Housing Wire

AUGUST 28, 2023

These organizations were intended to function as a mortgage industry firewall in the aftermath of the 2008 financial crisis, acting as middlemen between lenders and appraisers and overseeing the logistics of property appraisal processes. AMCs have a tendency to select appraisers who are willing to work for relatively low fees.

Appraisal 363

Appraisal Logistics Valuation Appraisal Process 363

AmeriMac

MARCH 25, 2021

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. Unfortunately, working with licensed appraisers can be a difficult task. Top 3 Tips to Shorten Your Home Appraisal Process.

Appraisal Process 36

Appraisal Process Appraisal Property Taxes Buyers 36

AmeriMac

MARCH 25, 2021

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. Unfortunately, working with licensed appraisers can be a difficult task. Top 3 Tips to Shorten Your Home Appraisal Process.

Appraisal Process 36

Appraisal Process Appraisal Property Taxes Buyers 36

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.

Appraisal Process 36

Appraisal Process Appraisal Sellers Buyers 36

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.

Appraisal Process 36

Appraisal Process Appraisal Sellers Buyers 36

AmeriMac

MARCH 25, 2021

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. Unfortunately, working with licensed appraisers can be a difficult task. Top 3 Tips to Shorten Your Home Appraisal Process.

Appraisal Process 28

Appraisal Process Appraisal Property Taxes Buyers 28

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.

Appraisal Process 28

Appraisal Process Appraisal Sellers Buyers 28

Housing Wire

NOVEMBER 8, 2021

“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. Next, he has his buyers write a letter to the seller, a practice that has come under scrutiny lately for creating potential biases.

Clients 380

Clients Agents Buyers Sellers 380

Kairos Appraisal Services

MAY 1, 2023

While the mortgage lender will order the appraisal to ensure that they are not issuing a loan for more than what the property is worth, it’s still best for buyers and sellers to understand the home appraisal process and… The post Understanding the Different Types of Home Appraisals appeared first on Kairos.

Appraisal 98

Appraisal Appraisal Process Sellers Buyers 98

Housing Wire

SEPTEMBER 13, 2022

A floor plan can give a seller a much more accurate sense of their property’s square footage, as well as a sense of how that might impact its marketability or the appraisal process. And it provides major benefits to your sellers and prospective buyers.”.

Training 351

Training Buyers Technology Sellers 351

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.

Real Estate Agent 75

Real Estate Agent Real Estate Agents Appraisal 75

Birmingham Appraisal

AUGUST 23, 2023

The agent’s client (buyer or seller) can make an informed buying or selling decision and the appraiser’s client (bank) can make an informed lending decision. Creating Accurate Initial Expectations: Agents and appraisers collaborating early in the process help set accurate expectations for buyers and sellers.

Agents 82

Agents Appraisal Valuation Appraisal Process 82

McKissock

JANUARY 31, 2023

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” Thank you to the large number of appraisers who shared their input! Was the seller highly motivated?

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

Appraisal Buzz

JULY 13, 2022

Reimagining the appraisal process has long been a goal for many, and I’m excited that our ability to create a property’s 3D Digital Twin will be used to benefit both cash-out refinance sellers as well as borrowers,” said Asteroom’s CEO & Co-Founder Eric Tsai.

Real Estate Agent 195

Real Estate Agent Technology Real Estate Appraisal Process 195

Appraisal Buzz

DECEMBER 27, 2021

Beginning in January 2020, 7% of purchase transactions had a contract price above the appraisal value. Five months later, the frequency increased to 19%, leaving homebuyers to either pay more out of pocket or request the seller to lower their asking price. Meanwhile, buyers are plucking up homes left and right.

Appraisal 397

Appraisal Valuation Modernization Contracts 397

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

Real Estate Agent 77

Real Estate Agent Real Estate Agents Reconsideration of Value 77

Housing Wire

APRIL 6, 2021

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. Linda had a sizable downpayment but still needed to find a way to close the appraisal gap. Sellers are surely getting greedy.”.

Appraisal 539

Appraisal Reconsideration of Value Real Estate Agent Sellers 539

Kairos Appraisal Services

JANUARY 9, 2023

Property comparables, called “property comps” for short, play a significant role in the home appraisal process.

Real Estate Agent 52

Real Estate Agent Appraisal Process Loan Officers Real Estate 52

Housing Wire

DECEMBER 8, 2023

This also helps you level-set on their expectations for the homebuying process. Help them write a winning offer Understand what the seller is desiring beyond the asking price. Have the best, most-detailed lender’s letter or proof of funds so your offer won’t be tabled because it’s too vague or boilerplate.

Clients 388

Clients Real Estate Inspection Buyers 388

AmeriMac

DECEMBER 30, 2023

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. Lastly, we will compare REO appraisals to home inspections and answer whether they are mandatory for all property transactions.

Real Estate 36

Real Estate Appraisal Inspection Appraisal Process 36

Valcre

OCTOBER 19, 2022

Commercial property appraisals are so effective that realtors win multiple offers by using appraisal addendums when making an offer. Understanding how the commercial appraisal process works and what appraisers look for can help buyers and sellers properly prepare for a property sale.

Appraisal 62

Appraisal Property Appraisal Appraisal Process Realtors 62

Appraisal Hub

MARCH 19, 2023

By providing precise and impartial evaluations, residential appraisals in Toronto also safeguard the interests of all parties involved. Keep reading to find out more about its significance and understand the appraisal process. How Do Banks And Other Lenders Use Appraisals? Where Can I Find An Appraiser In Toronto?

Appraisal 78

Appraisal Property Appraisal Sellers Mortgage Appraisal 78

Kairos Appraisal Services

NOVEMBER 14, 2023

An appraisal management company (AMC) plays many key roles in the home appraisal process. Its appraisal management services involve many moving parts. But most importantly, it ensures accuracy, fairness, compliance, and a better experience.

Appraisal 52

Appraisal Appraisal Process Sellers Buyers 52

McKissock

DECEMBER 10, 2021

Plus, what will it take to modernize the appraisal process? Read on for this week’s appraisal news and insights. Opinion: The path to modernizing the appraisal process. Realtor.com forecasts a mixed bag of opportunities for homebuyers in the coming year. The 10 top housing markets of 2022.

Housing Market 79

Housing Market Appraisal Marketing Appraisal Process 79

East Coast Appraisal

JUNE 10, 2022

Lenders will usually require an appraisal to determine the value of the property before approving a mortgage loan. The appraisal process typically goes smoothly, but rapidly increasing property values and extreme competition within the real estate market have complicated the appraisal process in recent years.

Appraisal 52

Appraisal Appraisal Process Real Estate Sellers 52

Riverfront Appraisals

JULY 29, 2021

This entire year, I’ve been blogging once a month with the purpose of assisting loan officers to better understand the appraisal process. So far, we’ve covered communication with the appraiser, reconsiderations of value, FHA appraisals and a few other topics you should definitely go check out.

Reconsideration of Value 100

Reconsideration of Value Appraisal Appraisal Process Loan Officers 100

Kairos Appraisal Services

SEPTEMBER 27, 2023

At Kairos Appraisal, we take pride in providing an efficient and streamlined appraisal process that benefits our borrowers, our lending partners, and most importantly our appraisers. At Kairos… The post Kairos’ Innovative Tools for Residential Appraisers appeared first on Kairos.

Tools 52

Tools Appraisal Appraisal Process Lending 52

Chicagoland Appraisal Blog

NOVEMBER 8, 2021

2 months ago I wrote an article comparing Zillow’s Zestimate program to a regular appraisal process. The Zestimate is not an appraisal and it should be used as a starting point. It’s a common question that comes up and with the real estate market skyrocketing, thought I’d answer the question once and for all.

Housing Market 148

Housing Market Marketing Real Estate Agent Real Estate 148

DataMaster

APRIL 6, 2021

If you’re an appraiser and you’re reading this, you already know the details. But do your customers understand how an appraisal works? Share this article with them and chat about the appraisal process. The better the appraisal process is understood, the less customers will question the results!

Appraisal 158

Appraisal Appraisal Process Buyers Legal 158

Housing Wire

JUNE 9, 2021

This is a critical advancement in the industry as we’ve seen appraisal timelines continually increase. We also evaluate key metrics related to appraiser performance. HW: What role can data analytics play in alleviating these pain points? JW: The key to transactional efficiency is validated data.

Appraisal 391

Appraisal Property Taxes Technology Valuation 391

Appraisal Hub

AUGUST 13, 2021

Understanding the appraisal process is important if you want to get the most from it. Here’s a short guide on the basics you need to know about residential appraisal services and working with an appraiser. Why is an appraisal important? Does this sound like you?

Appraisal 78

Appraisal Property Appraisal Market Value Sellers 78