Remove Appraisal Tips Remove Buyers Remove Development Remove Inspection
article thumbnail

Preparing Your Borrower for the Appraisal Inspection – Virtual or On-Site

Genworth MI Blog

Real estate appraisals serve an important role in the mortgage lending process and many borrowers will have personal experience interacting with an appraiser during a refinance, and possibly even a purchase. The appraisal inspection is typically where such interactions occur, and this can be a stressful experience for the borrower.

article thumbnail

Preparing Your Borrower for the Appraisal Inspection – Virtual or On-Site

Genworth MI Blog

Real estate appraisals serve an important role in the mortgage lending process and many borrowers will have personal experience interacting with an appraiser during a refinance, and possibly even a purchase. The appraisal inspection is typically where such interactions occur, and this can be a stressful experience for the borrower.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Genworth MI Blog

Market Value: In a mortgage appraisal, the appraiser is most likely estimating the market value of the property. Appraisal Inspection: A typical on-site inspection of the subject involves the appraiser walking through the dwelling, examining the site improvements, and walking a representative portion of the land.

article thumbnail

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

Genworth MI Blog

Market Value: In a mortgage appraisal, the appraiser is most likely estimating the market value of the property. Appraisal Inspection: A typical on-site inspection of the subject involves the appraiser walking through the dwelling, examining the site improvements, and walking a representative portion of the land.

article thumbnail

Experienced Appraisers Share Their Number One Tips for New Appraisers

McKissock

” “Be thorough on your inspections.” ” “Look at [your supervisor’s] previous reports to study the appraisal line by line to understand the analysis of the report to arrive at a final market value.” ” “Diversify your appraisal practice! The inspection part is the easy part.

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?