Clear Capital

MARCH 4, 2024

These tips are specifically designed with you in mind, to help minimize the number of revision requests you receive through a well-supported and credible appraisal report! This approach captures location and provides bracketing for features. Why is it important to choose sales that capture the subject’s immediate location?

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Bracketing Appraisal Real Estate Valuation 36

Cleveland Appraisal Blog

JUNE 30, 2023

I welcome back guest blogger June Duncan who wrote this article for the Cleveland Appraisal Blog. Here are some tips to help you transition to a new city and begin a new chapter in your life, shared below by Cleveland Appraisal Blog. Additionally, visit sites like Cleveland Appraisal Blog for great information.

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Real Estate Agent Appraisal Bracketing Decorating 241

Appraisal Buzz

NOVEMBER 29, 2021

This article was first published in the Fall 2021 Edition of Appraisal Buzz Magazine. Appraisers use three different property valuation methods: (1) Sales Comparison relates the estimated value of our subject property to similar settled, active, and pending market sales. (2) To receive this subscription directly, click here.

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Valuation Supply Chain Bracketing Appraisal 370

Birmingham Appraisal

APRIL 11, 2023

11 Helpful Tips For Choosing Comps Whenever I speak to agents about the real estate market and the appraisal process the one topic that the discussion always leads to is about choosing comps. Today I’m going to share my top tips for choosing comps from an appraiser’s perspective.

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Realtors Bracketing Agents Buyers 85

Appraisal Today

APRIL 14, 2023

Appraising Fixer Uppers Excerpts: We’re all familiar with the term “fixer-upper.” The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. The rest of the post is a very good case study To read more, click here My comments: I have appraised many fixer-uppers.

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Appraisal Bracketing Contracts Valuation 52

Clear Capital

NOVEMBER 14, 2022

How do you feel when an appraisal revision request pops up in your inbox in the morning? You already painstakingly checked your appraisal report the previous night before hitting ‘send’ and now you’re on your screen the next day, making revisions to the same report under a tight deadline! . How to prevent appraisal revision requests.

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Appraisal Lending Bracketing Appraisal Process 69

Portland Appraisal Blog

AUGUST 8, 2020

“Why is an appraiser asking me about an old comp?” The appraisal report is not for lending: The overwhelming majority of appraisal reports are written for a lending institution due to a sale or refinance—certainly over 90% and most likely approaching 99.9%. I’ve had to use nine comps on occasion.)

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Appraisal Bracketing Lending Agents 78

Birmingham Appraisal

MARCH 26, 2024

This decline in the number of houses sold in some areas has made it difficult to do appraisals because of the lack of comps. Appraisal Process To answer this it’s important to understand the appraisal process. Appraisal Process To answer this it’s important to understand the appraisal process.

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Construction Appraisal Process Appraisal Bracketing 79

Genworth MI Blog

NOVEMBER 29, 2018

A spotlight has been cast on the rural space with questions probing why rural properties often face excessive underwriting conditions for appraisal issues and how rural lending can be increased to differentiate an organization. Limited appraiser availability. In 2008, Congress passed the Housing and Economic Reform Act.

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Appraisal Marketing Training Bracketing 78

Genworth MI Blog

NOVEMBER 29, 2018

A spotlight has been cast on the rural space with questions probing why rural properties often face excessive underwriting conditions for appraisal issues and how rural lending can be increased to differentiate an organization. Limited appraiser availability. In 2008, Congress passed the Housing and Economic Reform Act.

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Appraisal Marketing Training Bracketing 78

Portland Appraisal Blog

APRIL 14, 2019

Streaking through the atmosphere is a meteor scientists have dubbed “the appraisal”; it came of out nowhere and impacts your deal at hypersonic velocity, obliterating it in an instance. If so, you’ve probably run through the five stages of grief: 1) Denial—there’s no way that idiot appraiser killed my deal! There must be some mistake.

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Appraisal Reconsideration of Value Agents Market Value 78

Birmingham Appraisal

SEPTEMBER 26, 2023

On the other hand, the value that is reflected in most appraisals is a value that reflects what the majority of other market participants are willing to pay. Appraisal Challenges: Listings that were priced using outlier sales can pose challenges during the appraisal process. There is a difference.

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Real Estate Agent Real Estate Clients Agents 86

McKissock

MARCH 10, 2023

Whether you’re a self-employed real estate appraiser or you work for a large company, here are some basic tips and guidelines on how to maximize your retirement savings. And then when you take the money out in retirement, you will pay taxes based on the tax bracket you’re in. The money then grows tax-deferred.

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Investing Bracketing Real Estate Appraisal 86

Town & Country Residential Appraisals

DECEMBER 16, 2019

As a VA Panel appraiser, we have access to something called “Tidewater” on VA orders. We had this provided once, and in the agent’s defense, it was a very hard market to appraise in. Taking an average of the local market and giving it with a list of local sales to the appraiser is not “comps.” A recent sale.

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Bracketing Contracts Real Estate Agent Agents 36

Birmingham Appraisal

FEBRUARY 6, 2024

In appraising we analyze the competitive market area that our property is located in and when discussing housing stats it’s important to study the housing numbers at the same level. More sales in the lower price bracket may indicate a decline in prices and more in the upper range may indicate an increase.

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Inventory Real Estate Sellers Buyers 76

Lamacchia Realty

MARCH 12, 2024

Consider writing into the offer that you’ll purchase the property regardless of the appraised value. This is different from the appraised value which, as prices rise, can be lower than the list price. List prices typically reflect the comps (comparative properties) of homes sold in the neighborhood in the past six months.

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Buyers Inspection Sellers Real Estate 70

Realvals

AUGUST 4, 2022

One of the most essential parts of any appraisal is the comparable properties that the appraiser chooses for the Sales Comparison Approach. This article will go into detail about the appraisal comparable guidelines used by appraisers and the exact characteristics that appraisers look for in comps.

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Appraisal Bracketing Real Estate Buyers 78

Housing Wire

MAY 5, 2021

The FHFA will also require that lenders provide a maximum $500 credit for an appraisal if the borrower is not eligible for an appraisal waiver, which the GSEs will reimburse to the lender once the loan is sold to them. The reality is that borrowers who are in this bracket likely have an FHA loan ,” Stevens said.

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Bracketing Finance Mortgage Appraisal 504

Zillow

JULY 11, 2019

If you're in the 28% tax bracket, you'll pay a 28% tax on short-term capital gains. Depending on your marginal income tax bracket, these taxes could range from 0% to 15%. In every bracket, however, the IRS takes a smaller cut out of long-term gains than out of ordinary income or short-term gains. Want to Rent Your Vacation Home?

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Investing Bracketing Property Taxes Real Estate 43

Clear Capital

DECEMBER 21, 2022

As an appraisal quality leader and former field appraiser, I know firsthand that working in the real estate appraisal industry can be a wild ride. Due to emerging shifts in the mortgage loan market, there is a heightened sense of urgency to review the conventional loan appraisal guidelines. . Location, location, location.

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Appraisal Bracketing Clients Market Value 69

Lamacchia Realty

JANUARY 10, 2022

Consider writing into the offer that you’ll purchase the property regardless of the appraised value. This is different than the appraised value which, these days as prices rise, can be lower than list price. List prices typically reflect the comps (comparative properties) of homes sold in the neighborhood in the past six months.

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Sellers Buyers Inspection Bracketing 72

Lamacchia Realty

FEBRUARY 22, 2023

Consider writing into the offer that you’ll purchase the property regardless of the appraised value. This is different than the appraised value which, these days as prices rise, can be lower than list price. List prices typically reflect the comps (comparative properties) of homes sold in the neighborhood in the past six months.

Buyers 41

Buyers Sellers Inspection Bracketing 41

Birmingham Appraisal

NOVEMBER 14, 2023

Agents and appraisers are not that different in their desire to determine an accurate market value for a property. The contract price and appraisal value will need to line up or the buyer will not be able to get a loan to pay for the property. If you have any questions feel free to contact me, I’d be glad to speak with you.

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Market Value Agents Appraisal Bracketing 85

Raleigh Realty

MARCH 29, 2021

During due diligence, you'll need to hire someone to do a property inspection and appraisal. The process may not require you to go through an appraisal of your home or income verification. USDA loans are for those in the low to moderate-income bracket. These can be fees for things like appraisals and escrow agents.

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Government Real Estate Agent Insurance Property Taxes 148

McKissock

FEBRUARY 15, 2022

Now, 26 years later, Fannie Mae has announced that appraisers will be required to comply with ANSI Z765 as of April 1, 2022. In this post, I discuss how I got the first copy, why I adopted it way back then, and why I recommend that all appraisers consider taking a course on the ANSI Z765 measuring standard. The Appraisal Foundation.

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Appraisal Bracketing Training Development 87

Portland Appraisal Blog

JULY 20, 2019

Appraisers endeavor to take the measure of a neighborhood with a variety of charts and graphs. This is reflected in the age histogram showing most of the homes falling in the 91-97 years bracket. Appraisal Reports. If you are a homeowner and are looking to sell your home, you would greatly benefit from a prelisting appraisal.

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Bracketing Appraisal Real Estate Marketing 78