Remove Appraisal Tips Remove Buyers Remove Contracts Remove Development
article thumbnail

Disagreeing with the Appraiser: Tips for Staying Compliant While Making Your Case

Genworth MI Blog

Withholding or threatening to withhold timely payment for an appraisal report or appraisal services rendered when the appraisal report or services are provided in accordance with the contract between the parties. An appraiser’s inspection is comparable to the level of observation conducted by a typical buyer.

article thumbnail

Disagreeing with the Appraiser: Tips for Staying Compliant While Making Your Case

Genworth MI Blog

Withholding or threatening to withhold timely payment for an appraisal report or appraisal services rendered when the appraisal report or services are provided in accordance with the contract between the parties. An appraiser’s inspection is comparable to the level of observation conducted by a typical buyer.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tips for Homeowners Concerned About Appraisals Below Contract Price

Will Springer Realtor

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 ).

article thumbnail

6 Ways Agents Can Use Their MLS Listings To Help Appraisers

Birmingham Appraisal

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.

Agents 82
article thumbnail

My Top 11 Tips For Realtors When Choosing Comps

Birmingham Appraisal

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.

article thumbnail

Appraisals: Using Comps Across a Freeway?

Appraisal Today

B) Buyer Behavior … C) School System … To read lots more, plus maps and many appraiser comments, Click Here ————————————————————————— Why Comp Photos in Appraisals? percent from 7.41

article thumbnail

Appraisals derail sales in the tight Chicago market!

Chicagoland Appraisal Blog

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….