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FHA Appraisal Tip – Low Water Pressure

Chicagoland Appraisal Blog

An issue such as water pressure may seem small, but it is a dramatically negative impact on the appraisal value of a property. The best course of action would be to adress any and all repairs to a home prior to an inspection. Do you want to know what is happening in your market? Did I leave anything out?

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7 Excellent Real Estate Appraisal Podcasts Every Appraiser Should Listen To

McKissock

Each week, Harris covers the latest appraisal industry news, interviews successful and influential people, talks with fellow appraisers about hot topics, and reveals his secrets to success. Home Value Stories. The podcast covers a variety of topics involving the real estate, appraisal, and lending industries.

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From Appraisal to Freedom: How a PMI Removal Appraisal Can Save You Thousands

Premier Home Appraisal Blog

According to the Homeowners Protection Act (HPA), you can request PMI cancellation once you reach 20% equity in your home and have paid off 20% of your original loan amount, either through mortgage payments or an increase in your home's value. Use the appraisal report to calculate your home's equity.

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Home Appraisal 101: Maximizing the Value of Your Home

Chicagoland Appraisal Blog

Real estate professionals or other appraisal experts can help you determine the market value of your home. This is helpful whether you intend to stay in your home or wish to sell it. Here, we’ll explore everything you need to know about home appraisals and how to maximize the value of your house. .

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How accurate is a Zestimate vs a Home Appraisal?

Chicagoland Appraisal Blog

When Zillow first came out, real estate appraisers would often hear “Zillow says my home value is…” This is usually followed by a cringed face and sigh. To put this debate to rest, o ur lead appraiser John did a sampling of recently appraised homes in Chicago to see how Zillow stacks up against a local real estate appraiser.

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15 Reasons Your Home May Not Appraise for the Expected Value: Tips for Homeowners

Birmingham Appraisal

A Look at Why Your Home May Not Appraise for The Expected Value When it comes to selling or refinancing your home, one of the crucial steps is the appraisal process. Appraisals determine the market value of your property, which affects your ability to secure a loan or make a profitable sale.

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Appraisals derail sales in the tight Chicago market!

Chicagoland Appraisal Blog

I came across a Facebook post from an appraiser friend of mine about an article written in the Chicago Tribune titled Homebuyers who pay cash win deals as appraisals derail sale in tight Chicago market. The title is definitely eye-catching especially to an appraiser in Chicago. Was it based on a pre-listing appraisal?