Boston Appraisal
DECEMBER 11, 2023
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.
Raleigh Realty
FEBRUARY 19, 2022
Appraisals 101: What to Expect From the Home Appraisal Process Wondering what to expect from your home appraisal? Now it's time for the home appraisal. But before you do there's one last factor to consider: the home appraisal. Here's what you need to know about home appraisals so that you come prepared.
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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.
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. An appraisal is a valuation of a property by a third party. The buyer typically covers the cost of the appraisal. If it’s denied, buyers can also choose to walk away from the deal.
Birmingham Appraisal
AUGUST 23, 2023
Understanding the Roles: Agents and Appraisers: Real estate agents bring their expertise in marketing and negotiations, while appraisers provide impartial and accurate property valuations. This can come in the form of a pre-listing appraisal to help establish a market-supported asking price for the seller.
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.
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.
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