Appraisal Today

AUGUST 18, 2023

7 Must-Have Apps for Appraisers By: McKissock Excerpts: 1. Dragon is very well-liked among appraisal professionals, making it number one on our list of must-have apps for appraisers. Genius Scan This app gets a lot of love from appraisers. Dragon has been around a long time and is popular with commercial appraisers.

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Appraisal Contracts Inspection Real Estate 77

Appraisal Today

JUNE 16, 2023

Excerpts: Following that thought process, our appraisal language has simply got to change to reflect current times. In addition, our lenders and GSE’s are implementing tools and programs to identify when “Certain prohibited, subjective or potentially biased words or phrases are included in appraisal reports.”

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Appraisal Contracts Design Mortgage 77

Hank Miller Team

DECEMBER 14, 2022

Books have been written about it, master classes offered and expressions like “he could sell ice to an Eskimo” coined. Someone certain to be on the radar of all is the appraiser; sometimes an ally, sometimes an enemy. Home Sellers & Appraisers When an owner decides to list, their first move to solicit a real estate agent.

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Appraisal Real Estate Agent Contracts Agents 52

Appraisal Today

AUGUST 4, 2023

The End of Home Appraisals? In a truly Orwellian move, mortgage giant Freddie Mac recently announced its intent to censor an arbitrary collection of words such as “desirable,” “safe,” “well-kept,” “student” and “crime” when they appear, in any context, in the hundreds of thousands of appraisal reports it relies on in mortgage underwriting.

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Appraisal Business Contracts Real Estate 74

Appraisal Today

JUNE 17, 2022

Excerpt: We continue to see claims alleging that the rural property appraiser failed to adequately identify or report details surrounding a water source. In one claim, the appraiser correctly noted that the property was serviced by a “private water well.” Appraisers – check the water source! Hybrid appraisal survey ).

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Appraisal Contracts Real Estate Mortgage 52

Birmingham Appraisal

NOVEMBER 8, 2022

What Information Is Included In A Real Estate Appraisal Report? This is a question I often get when someone is ordering an appraisal. I perform appraisals for multiple reasons, including estate planning , probate , divorce , PMI cancellation , pre-listing , and pre-purchase. Appraisal Process.

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Real Estate Appraisal Appraisal Process Construction 84

McKissock

JANUARY 6, 2023

How about one for you and your appraisal business? Most of us are fee appraisers who work independently. Our opportunity is time—it’s time to take stock of where we are and perhaps consider diversification or an alternative appraisal career. Here are a few ideas for transforming your appraisal career in 2023.

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Appraisal Training Lending Land Management 74

Appraisal Today

NOVEMBER 25, 2022

More Crazy Appraisal Stories! Excerpt: Restraining Orders & Appraisals – Never a Great Mix. The majority of my appraisal work is on divorces and estates, both of which have their fair share of crazy stories. I was appraising a home for a divorce several years ago. Many thanks to Appraisal Buzz for the image above.

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Appraisal Market Value Contracts Finance 52

D Fritz Appraisals

AUGUST 12, 2019

What’s the Difference Between a Home Inspection and a Home Appraisal? If you’re in the market for a new home, the terms “home appraisal” and “home inspection” are more than likely to come up at some point as you zero in on a property you want to buy. home appraisal – an often mandatory step the buyer’s lender insists on.

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Inspection Appraisal Real Estate Property Appraisal 94

Appraisal Today

FEBRUARY 24, 2023

What Level Appraiser Are You? What is the mark of an appraiser who is at the top of his or her “game”? For example, are you competent to prepare an entire appraisal from start to finish? But what if the appraisal form was completely blank with no boilerplate text? A Level 1 appraiser checks boxes.

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Appraisal Architecture Valuation Business 52

Appraisal Today

OCTOBER 28, 2022

VA Update for Appraisers. Interview with VA’s Chief Appraiser. Excerpts: …the United States Department of Veteran Affairs (VA), is known throughout the valuation community for respecting the work of appraisers and maintaining reasonable fee schedules. Do you anticipate requiring ANSI on VA appraisals in the future?

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Appraisal Contracts Mortgage Valuation 52

Appraisal Today

JULY 1, 2022

Excerpts: Appraisers, this article was prompted by my ‘coming in contact with several appraisal reports where different regional appraisers report the physical location of the subject property “in” a particular City associated with the postal ZIP Code for that City. Appraisal Business Tips . Humor for Appraisers.

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Appraisal Contracts Insurance Real Estate 52

Appraisal Today

MARCH 8, 2024

Other topics include: It’s never just about resale value 55+ communities Splitting hairs to prove an adjustment To read more, including Ryan’s many comments, fun images and graphics, his Twitter X and Instagram surveys, plus 50+ comments, Click Here My comments: This is the only analysis I have ever seen about this appraisal topic and it is great!

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Appraisal Contracts Real Estate Housing Market 85

Cleveland Appraisal Blog

SEPTEMBER 30, 2022

A flipbook is a book with a series of pictures that change slightly with the turn of each page. When flipping thru one of these books, the viewer’s mind fills in the gaps between pictures so that an animated story and picture develops. According to Wikipedia , the oldest documented flip book appeared on March 18th, 1868.

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Appraisal Development Market Value Clients 342

Housing Wire

APRIL 7, 2023

compared to the week prior and the average contract interest rate for 30-year fixed-rate mortgages with loan balances of $726,200 or less, decreased from 6.48% to 6.45%. While e-commerce first emerged in 1979, it erupted with the introduction of Book Stacks Unlimited, an online bookstore created by Charles Stack in 1992.

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Retail Real Estate Clients Modernization 352

Housing Wire

FEBRUARY 15, 2024

The DPA share in FHA’s total book of business, including refinances, was 27% as of October 2023. In a lot of cases, the seller is not going to wait 45 to 60 days when they have an offer on a 30-day contract,” said Adrian Gastelum, a senior vice president and branch manager at Nova Home Loans.

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Mortgage Buyers Loan Officers Sellers 449

Housing Wire

NOVEMBER 13, 2023

Course E-Book. Course also covers Florida Real Estate Law and Contracts, Valuation, appraisal, financing, federal income tax laws, zoning and planning, environmental issues & more. Digital Flashcards and Hundreds of Practice Questions Narrated Online Course with Chapter Quizzes and End of Course Practice Exam.2

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Real Estate Real Estate Agent Agents Law 402

Appraisal Buzz

JUNE 12, 2024

elementor-widget-heading.elementor-heading-title.elementor-size-xxl{font-size:59px} A Moment of “Total Clarity” Murray began his career in banking, working as a teller and account counselor before joining an appraisal training program at the now-defunct Home Savings of America. elementor – v3.21.0 – 26-05-2024 */.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading.elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inher

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Training Business Human Resources Appraisal 221

Appraisal Today

MAY 10, 2024

Appraisersblogs with Dave Towne’s opinions plus many appraiser comments. Within this framework, the lender must include steps for the borrower to appeal an appraisal when they believe the value opinion: is unsupported; is deficient due to unacceptable appraisal practices; or reflects discriminatory practices.

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Reconsideration of Value Appraisal Real Estate Insurance 76

Appraisal Today

APRIL 2, 2023

What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? First and foremost, Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that we are to: “analyze all agreements of sale.” Answers a lot of appraiser questions.

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Contracts Appraisal HOA Architecture 52

Appraisal Today

FEBRUARY 23, 2024

I quit making dollar adjustments on form appraisals many years ago, but I always do market conditions adjustments when needed. I appraise a lot of 2-4 units and regularly go to other neighborhoods for comps. I do a lot of estate appraisals, which are not current value. Isn’t appraising boring? Excerpts: 8 bedrooms, 7.5+

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Appraisal Real Estate Contracts Reconsideration of Value 70

Housing Wire

DECEMBER 7, 2023

Exam Prep: The Basic Prelicensing package features three e-books and a course manual designed to help you retain essential real estate concepts and prepare for the state exam. Audio book, eBook, 1100+ practice questions, 24/7 on demand classes & Livestream online classes. 25 hrs livestream access. 40 hrs livestream access.

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Real Estate Real Estate Agent Law Brokerage 346

The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked.

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Real Estate Appraisal Property Appraisal Valuation 60

Housing Wire

DECEMBER 1, 2022

Interest rates and inflation continued to dampen activity in the housing market across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book. The information and data for the current Beige Book – released in November – was collected on or before November 23.

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Housing Market Marketing Construction Inventory 327

McKissock

JULY 6, 2022

I would recommend including at least property access, financial outcomes, and potential roadblocks from contract to closing. For buyers, they need a clear understanding regarding booking showings and the implied commitment of time that appointments have. They should be educated on loan costs, contract fees, inspection expenses, etc.

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Clients Real Estate Contracts Sellers 87

McKissock

JULY 11, 2022

In residential appraising, the cost approach and the income approach have in many cases become less utilized in favor of sole reliance on the sales comparison approach. ” Free download: Time to upgrade your appraisal license? Marshall & Swift is one of the most commonly used cost services for appraisers.

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Real Estate Appraisal Valuation Inspection 72

Miller Samuel

JUNE 28, 2020

While I have been a real estate appraiser and market analyst for 35 years, I dipped my toe into real estate as a sales agent in Chicagoland for six months in the mid-1980s. I still have my old monthly MLS books and remember logging on to the MLS from one ancient (even then) terminal in the office - talk about delayed market information!

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Housing Market Marketing Real Estate Sellers 221

Appraisal Today

NOVEMBER 4, 2022

Appraisers Share Their Best Tips for Working with AMCs. Appraisers tend to get annoyed with constant emails from the AMC about inspection date, completion, report submission, etc. My comments: Read this blog post with practical tips from practicing appraisers. Practical real estate appraisal writing tips for AMC questions.

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Reconsideration of Value Appraisal Inspection Advertising 52

Appraisal Today

SEPTEMBER 15, 2023

NAR Appraiser Survey July, 2023 In July 2023, NAR Research conducted a survey of all 9,800 appraiser members and 50,000 randomly-selected residential-focused non-appraiser members. To read the report, click here My comments: Read the appraiser sections in the long report. This is up sharply from 27 percent last year.

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Appraisal Real Estate Agent Contracts Real Estate 85

Appraisal Today

MARCH 1, 2024

Whether you’re looking to specialize in luxury home appraisals or you’re simply reading up on the latest market trends, you may want to pay attention to areas where luxury homes are in high demand. I have been thinking for a while about including appraising luxury homes, since my subscribers like to read about them.

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Appraisal Contracts Business Marketing 78

Housing Wire

NOVEMBER 30, 2023

You’ll also want a sponsoring real estate brokerage that offers administrative support, including inputting MLS information, helping with contract follow-up, and handling other office tasks. If you already have a PSI account, you can log in to begin the booking process and schedule your test.

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Real Estate Real Estate Agent Brokerage Agents 380

Appraisal Today

OCTOBER 6, 2023

2024 USPAP Source: Appraisal Foundation The 2024 Uniform Standards of Professional Appraisal Practice is now available for purchase in physical and digital formats. This year, for the first time, you can purchase just the book of USPAP standards for $35. Of course, now there is appraiser discrimination, the current hot topic.

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Appraisal Contracts Real Estate Mortgage 80

The Robert Weiler Company

SEPTEMBER 20, 2020

Summer is the best time to renegotiate contracts, plan for significant repairs, and take care of pesky pests. Review Finances and Renegotiate Contracts. The summertime is an excellent time for a commercial property manager to review bills and renegotiate contracts. Book Snow Removal Services… Now.

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Property Management Tenants Inspection Contracts 145

Housing Wire

NOVEMBER 30, 2023

Online, self-paced package includes 3 Study e-Books & access to Buffini & Co’s career advice via coaching videos Pros + Cons Pros: Self-paced options for busy students Next-gen student dashboard for tracking progress Exam Prep packages with unlimited practice tests Cons: Online and livestream classes cannot be mixed and matched.

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Real Estate Realtors Real Estate Agent Law 400

Listing Spark

OCTOBER 9, 2023

Research comparable homes in your area, analyze market trends, and consider hiring an appraiser to determine an accurate listing price. Legal and Paperwork: Familiarize yourself with local and state laws regarding disclosures, contracts, and other legal requirements. Consulting with an attorney can help ensure compliance.

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Real Estate Agent Legal Real Estate Agents 36

Appraisal Today

FEBRUARY 9, 2024

How do appraisers consider appliances? also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” FHA Handbook 4000.1

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Appraisal Contracts Insurance Construction 83

Appraisal Today

MAY 12, 2023

Certified Appraisers vs. Unlicensed Data Collectors By Jonathan Miller (13-minute video) Here’s a great take on the difference between Certified Appraisers vs. Unlicensed Data Collectors by Leigh Brown, President of the NC Association of REALTORS. Fannie Mae has been working hard to get rid of appraisers for years.

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Appraisal Architecture Business Contracts 52