Remove Appraisal Tips Remove Design Remove Lending Remove Market Value
article thumbnail

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

Genworth MI Blog

This can include improper influence to inflate the appraised value, overlook repair items, misstate facts, ignore or conceal external influences, and misrepresent market conditions. Because of this reality, many laws and regulations have been enacted over the past 10 years to discourage improper communication with the appraiser.

article thumbnail

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

Genworth MI Blog

This can include improper influence to inflate the appraised value, overlook repair items, misstate facts, ignore or conceal external influences, and misrepresent market conditions. Because of this reality, many laws and regulations have been enacted over the past 10 years to discourage improper communication with the appraiser.

Insiders

Sign Up for our Newsletter

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

article thumbnail

3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

But what could be the cause of the lower than anticipated value? 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. An appraisal measures that value range within the report.

Appraisal 148
article thumbnail

Choosing the Right Appraiser: A Guide for Agents, Attorneys, Accountants, and Homeowners

Birmingham Appraisal

Education and Qualifications Beyond the basic licensing requirements, top-tier appraisers often pursue additional education and professional designations to enhance their skills and knowledge. Look for appraisers who hold designations such as the SRA ( Senior Residential Appraiser from The Appraisal Institute ).

article thumbnail

3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

But what could be the cause of the lower than anticipated value? 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. An appraisal measures that value range within the report.