Will Springer Realtor

OCTOBER 19, 2021

Not all home appraisals – and those who conduct them – are created equal. The home is under contact, seller and buyer have agreed to terms. Buyer is financing the purchase through a mortgage lender and the underwriter wishes to confirm the value of the home before issuing the loan. (No Home Appraisal Tips for Buyers ).

Contracts 41

Contracts Appraisal Sellers Real Estate Agent 41

Birmingham Appraisal

APRIL 11, 2023

In today’s market where so much information is available online, it’s important to put in the research upfront when pricing a home because we know buyers do and they will know when a listing is overpriced. Today I’m going to share my top tips for choosing comps from an appraiser’s perspective.

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Sacramento Appraisal Blog

FEBRUARY 14, 2024

UPCOMING SPEAKING GIGS: 2/19/24 Matt the Mortgage Guy YouTube […] The post The challenge of pulling comps in 2024 first appeared on Sacramento Appraisal Blog. Pulling comps in 2024 is tough. Think about it this way. If we have 40% fewer sales happening, that means there are 40% fewer comps. Let’s talk about this.

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Appraisal Marketing Mortgage New Listings 309

Boston Appraisal

NOVEMBER 6, 2020

The primary reason appraisals differ is because, in reality, real estate appraisals are designed to provide a range of value rather than one set price. A real estate appraisal measures the actions of typical buyers and sellers in the marketplace and rarely do two buyers offer the same exact amount.

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Appraisal Market Value Real Estate Sellers 148

Chicagoland Appraisal Blog

APRIL 11, 2021

They even go on to say a Zestimate is not a home appraisal and encourage buyers and sellers to get a house appraisal: “The Zestimate’s accuracy depends on location and the availability of data in an area. The Zestimate is not an appraisal and it should be used as a starting point.

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Appraisal Real Estate Real Estate Agent Sellers 135

Birmingham Appraisal

AUGUST 30, 2023

If there are few recent sales in your area, it can be challenging to establish an accurate appraisal value. These are locations that a potential buyer would also look at and that would provide a similar alternative. This is often done to save money, however, in the end, it can result in a less-than-accurate appraisal.

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Appraisal Appraisal Process Renovations Market Value 79

Genworth MI Blog

FEBRUARY 18, 2021

To relieve some of the stress, savvy loan officers educate their borrowers on what to expect from an appraisal inspection and how to prepare. Since appraisal inspections in the current environment may be in-person or virtual, there are many tips to help your borrower prepare for the appraisal.

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Inspection Appraisal Real Estate Loan Officers 148

Birmingham Appraisal

AUGUST 3, 2022

Appraisers study the behavior of buyers to understand their motivations and then they measure the effects of that motivation on what buyers are willing to pay for a house. One way for the appraiser to understand buyer motivation is to know exactly what factors they considered when purchasing a home.

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Agents Appraisal Buyers Sellers 81

Boston Appraisal

NOVEMBER 6, 2020

Reason #1: The Range of Value The primary reason appraisals differ is because, in reality, real estate appraisals are designed to provide a range of value rather than one set price. A real estate appraisal measures the actions of typical buyers and sellers in the marketplace and rarely do two buyers offer the same exact amount.

Appraisal 78

Appraisal Market Value Sellers Real Estate 78

Genworth MI Blog

FEBRUARY 18, 2021

To relieve some of the stress, savvy loan officers educate their borrowers on what to expect from an appraisal inspection and how to prepare. Since appraisal inspections in the current environment may be in-person or virtual, there are many tips to help your borrower prepare for the appraisal.

Inspection 78

Inspection Appraisal Real Estate Loan Officers 78

Appraisal Today

JULY 21, 2023

This likely has to do with the cost of building a pool, cost of maintaining a pool, and even larger parcels at higher ranges – not to mention buyers at higher price points expecting a pool more often. In contrast, pools hardly exist in some locations, so it’s less of a factor because buyers don’t expect a pool.

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Appraisal Real Estate Contracts Business 88

Birmingham Appraisal

AUGUST 23, 2022

It’s important to remember this because a comp is considered to be a similar but different alternative for a potential buyer. Buyers will take this into consideration when they make an offer on a house and they will factor in the cost to fix these items, which can make their offer lower.

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Real Estate Agent Appraisal Real Estate Renovations 79

Chicagoland Appraisal Blog

JANUARY 21, 2020

What’s more, a proper appraisal will identify and should apply the costs associated with these upgrades in the appraisal of the home. A new kitchen is great, but if the roof leaks or you can’t heat it, you’re going to have some unhappy home buyers. . and that is extra equity for the homeowner.

Real Estate 78

Real Estate Appraisal Home Value Real Estate Agent 78

Appraisal Today

DECEMBER 1, 2023

B) Buyer Behavior … C) School System … To read lots more, plus maps and many appraiser comments, Click Here ————————————————————————— Why Comp Photos in Appraisals?

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Chicagoland Appraisal Blog

JULY 13, 2017

You can employ his strategy which is to offer to make up any shortfall in the appraisal with cash from the buyer to pay the seller, go with a new lender, appeal the appraisal which hardly ever works unless there factual errors as suggested by Mr. Goldberg or might I suggest an ounce of prevention is worth a pound of cure as quoted by….

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Appraisal Marketing Realtors Real Estate 78

McKissock

OCTOBER 29, 2021

In addition to the top twelve most common tips listed above, appraisers also shared the following advice for newcomers to the profession: “Trust your instincts.” ” “Listening to buyers is knowing the market.” ” “Specialize in types of appraisals and/or geographical regions.

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