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FHA Appraisal Tip – Low Water Pressure

Chicagoland Appraisal Blog

If you have a deficient condition such as this you may want to repair it prior to an FHA Appraisal. Appraisers must operate faucets to observe water pressure and flow. This is an example that there is low water pressure and an FHA appraisal will be made subject to repair. Did I leave anything out?

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7 Excellent Real Estate Appraisal Podcasts Every Appraiser Should Listen To

McKissock

How do you stay up-to-date on the latest appraisal news and trends? They’re also entertaining and super convenient since you can stream them during your morning commute or while you’re driving to appraisal appointments. Whether you listen in your car or at your desk, here are seven excellent appraisal podcasts to check out.

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

Premier Home Appraisal Blog

My home appraisal saved me money! PMI is typically required when you put down less than 20% on the purchase of a home, but once you reach the equity threshold of 20%, you may be eligible for PMI removal. That's where our home appraisal for PMI removal comes in. This is where the appraisal process comes in.

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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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Home Appraisal 101: Maximizing the Value of Your Home

Chicagoland Appraisal Blog

Your home may be your favorite place to be, but it’s also an investment. Like any other investment, you want to know its value with some reliable degree of accuracy. A home appraisal is an unbiased opinion of a home or property’s value. What’s in a Home’s Value? The Value of a Home Appraisal.

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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. How often do realtors attend home appraisals?