Housing Wire

MAY 16, 2024

The new feature harnesses the capabilities of multimodal artificial intelligence to instantly analyze and summarize complex property documents, including inspection reports, appraisals and seller disclosures. It pulls information from more than 30 data providers.

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Real Estate Agent Real Estate Brokerage Sellers 330

Sacramento Appraisal Blog

AUGUST 9, 2023

New construction has been on fire, but the resale market has been cold. UPCOMING (PUBLIC) SPEAKING GIGS: 8/18/23 Market & Mimosas (register […] The post A hot & cold housing market first appeared on Sacramento Appraisal Blog | Real Estate Appraiser. Scroll quickly by topic or digest slowly.

Housing Market 273

Housing Market Marketing Construction Real Estate 273

Sacramento Appraisal Blog

JULY 25, 2022

We’ve seen a massive change with housing inventory. But is it because sellers are rushing to list their homes? That’s not the culprit. Let’s talk about supply and some things on my mind about today’s market.

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Buyers Inventory Real Estate Sellers 392

Sacramento Appraisal Blog

NOVEMBER 1, 2021

Are buyers struggling to afford the market? I have some brand new visuals to share (Part I) and then let’s unpack a new study about affording new construction (Part II). Let’s talk about that today. What are you seeing in your area regarding affordability? I’d love to hear.

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Construction Buyers Marketing Realtors 404

Raleigh Realty

FEBRUARY 19, 2022

Appraisals 101: What to Expect From the Home Appraisal Process Wondering what to expect from your home appraisal? Now it's time for the home appraisal. But before you do there's one last factor to consider: the home appraisal. Here's what you need to know about home appraisals so that you come prepared.

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Appraisal Process Appraisal Construction Sellers 139

Empire Appraisal Group

JULY 27, 2023

Source: [link] Why Don’t More Buyers Consider a Fixer-Upper? In a time of rising housing costs, a fixer-upper offers more house for the money – but the iffy cost for renovations scares buyers already hurt by high interest rates. Bethesda, MD (301) 215-4688 The post Why Don’t More Buyers Consider a Fixer-Upper?

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Buyers Renovations Real Estate Agent Agents 78

Appraisal Today

APRIL 5, 2024

Why an Organized Workfile is Your Best Defense By Craig Capilla Excerpts: We all know that the Uniform Standards of Professional Appraisal Practice (USPAP) set the baseline for what must be included in a workfile. Still, all too many appraisers seek only to meet that minimum standard and little more. Newer appraisers are lucky.

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Appraisal Contracts Business Construction 77

Housing Wire

MARCH 22, 2021

Interestingly, Redfin data showed waiving the inspection contingency and conducting a pre-inspection – meaning the buyer conducted an inspection before making an offer – had no significant impact on whether a prospective buyer wins a bidding war. The result: a bottleneck with scores of would-be buyers in a low-inventory market.

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Inspection Inventory Buyers Sellers 545

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

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Appraisal Real Estate Real Estate Agent Contracts 77

Appraisal Buzz

MARCH 26, 2024

As interest rates subside over the course of 2024, additional home buyers will be priced into the market and new construction will be needed to meet this demand.” “A The post New Home Sales Subdued by Higher Mortgage Rates in February appeared first on Appraisal Buzz.

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Mortgage Construction Inventory Buyers 195

Boston Appraisal

DECEMBER 11, 2023

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers.

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Appraisal Process Real Estate Appraisal Easement 78

Housing Wire

FEBRUARY 3, 2023

This is done in advance of having a buyer in order to protect payments from going up in the current rate environment, Guaranteed Rate said in an announcement about the launch. Despite the decline in home price growth and projections of rates dropping, affordability challenges are expected to continue to weigh on buyers.

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Loan Officers Buyers Contracts Mortgage 339

Housing Wire

DECEMBER 8, 2023

You know what you do, but how do you explain it in such a way that a buyer understands your value, the required agency forms and everything involved to make it to the closing table? How you conduct yourself and how you present to each buyer prospect should not vary by situation. Should they consider new construction?

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Clients Real Estate Inspection Buyers 394

Appraisal Buzz

OCTOBER 26, 2021

Housing demand has held strong, as buyers continue to pay above asking prices in a market stifled by tight inventory and a deceleration in construction due to supply chain concerns. The post Annual Home Price Gains Remained High in August appeared first on Appraisal Buzz.

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Supply Chain Construction Inventory Buyers 195

Housing Wire

APRIL 20, 2021

Patrick, a first-time homebuyer, was competing with buyers who were waiving basic contingency requirements and/or putting in offers that far exceeded the seller’s asking price. Most sellers, if given the choice, would seldom choose a lengthy construction financing process to a cash offer on a dilapidated house. Already a member?

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Renovations Real Estate Agent Construction Buyers 433

Cleveland Appraisal Blog

DECEMBER 24, 2022

Read on for some pointers from Cleveland Appraisal Blog. The kitchen is a focal point for just about every homeowner and prospective buyer. Fortunately, you can keep tabs on the timing, progress, and costs associated with the work as it’s completed with construction management software. Kitchen Remodel. Travel safe!

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Renovations Appraisal Home Improvement Buyers 303

Appraisal Today

MARCH 15, 2024

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Whether you’re a seasoned appraiser or new to the field, having a better understanding of rural properties is essential for providing credible appraisals. Well written.

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Appraisal Inspection Modernization Business 70

Appraisal Buzz

MAY 2, 2022

Construction Sites Will Stay on Schedule. construction sites. About $17 billion will be used to strengthen ports that have suffered due to inflation, improving the supply chain for building and construction. Sellers will also have an easier time finding buyers because people can spend more freely.

Real Estate 435

Real Estate Supply Chain Marketing Construction 435

Housing Wire

JUNE 1, 2021

HUD plans to launch a “first-of-its-kind interagency effort” to combat inequity in appraisals , according to a White House press release. Why use several vendors for title searches, appraisals and underwriting when you can use one? HUD has also taken steps to craft a rule on the legal duty to Affirmatively Further Fair Housing.

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Renovations Development Investors Legal 502

Appraisal Buzz

OCTOBER 28, 2021

While the uptick in new construction has been viewed as a positive sign for buyers, soaring prices and low inventory have pushed those who can afford it to seek newly or custom-built homes instead of … The post Are Homebuyers Being Priced Out of New Homes? appeared first on Appraisal Buzz.

Construction 195

Construction Inventory Buyers Appraisal 195

McKissock

JULY 20, 2021

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., FHA appraisal assignments ) because they don’t want to be considered a “home inspector.” A home inspector might estimate the cost of certain repairs, but value opinions are left to the appraiser.

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Inspection Appraisal Construction Clients 105

McKissock

OCTOBER 1, 2022

During the appraisal and appraisal report review processes, barndominiums require special consideration, given that they are typically unique to a subject neighborhood. These appraisals take more time and effort, therefore you should charge more for them. Here are five guidelines to follow when appraising barndominiums.

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Appraisal Design Market Value Buyers 85

Appraisal Buzz

SEPTEMBER 20, 2021

As a southern California property appraiser, each year I attend Valuation Expo , the country’s largest trade show for real estate appraisers. Buyers and sellers? Realtors and Property Appraisers? The construction industry? The post Recap: Valuation Expo 2021 appeared first on Appraisal Buzz.

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Valuation Property Appraisal Real Estate Sellers 195

Boston Appraisal

NOVEMBER 9, 2023

The effect that home improvements have on an appraisal can vary depending on the type of improvement, the quality of the work, and the local real estate market. What are some common home improvements that can increase appraisal values? What are some common home improvements that can increase appraisal values?

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Home Improvement Appraisal Renovations Real Estate 78

Birmingham Appraisal

MARCH 21, 2023

A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values. In this blog post, we’ll explore the role of market trends when completing a real estate appraisal.

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Real Estate Appraisal Marketing Market Value 83

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 83

East Coast Appraisal

FEBRUARY 28, 2022

Then, property appraisals are an opportunity for an appraiser to check your home's quality, condition, amenities, location, and other special features that affect its value. Read on to learn some of the key areas appraisers investigate in a home appraisal. Any quality improvements increase the appraised value.

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Appraisal Renovations Home Value Construction 52

Simonson Real Estate

OCTOBER 23, 2020

As the impact of COVID continues to unfold and the real estate market grapples with rapidly changing information and market conditions – commercial appraisers have had to quickly adapt to a new way of gathering reliable and credible data to base their appraisal analysis from. More metro buyers in markets outside the Twin Cities.

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Appraisal Retail Tenants Real Estate 143

Appraisal Buzz

NOVEMBER 22, 2021

Still hampered by supply-chain concerns, home builders slowed their pace in October, with buyers continuing to absorb a 12.3% annual increase in construction costs. YoY in October appeared first on Appraisal Buzz. The post Apps for New Home Purchases Dip 15.2% YoY in October appeared first on theMReport.com.

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Supply Chain Construction Buyers Appraisal 150

Appraisal Today

SEPTEMBER 22, 2023

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Brokers followed with 24%, and appraisal-certified professionals comprised 14% of the respondents. I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today.

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Appraisal Training Inspection Real Estate 87

D Fritz Appraisals

OCTOBER 11, 2022

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market.

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Appraisal Inspection Property Taxes Easement 105

Birmingham Appraisal

SEPTEMBER 15, 2022

What New Homebuyers Need To Know About Appraisals. In this new homebuyer’s guide to appraisals, I’ll help you understand the process during your first home purchase. I would like to do my part by informing and educating you on the appraisal part of the transaction. What is a Mortgage Appraisal?

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Appraisal Inspection Appraisal Process Real Estate Agent 90

McKissock

JANUARY 31, 2023

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” Thank you to the large number of appraisers who shared their input! Because of where buyers want to live. That determines value.

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Real Estate Agent Real Estate Agents Appraisal 97

Appraisal Today

JANUARY 19, 2024

The Sopranos – Lupertazzi’s Rough Up Appraiser To watch, click the video above. Members of the Lupertazzi Crime Family rough up an appraiser who is involved with Tony’s HUD scam. I will never forget “I’m only the appraiser!” Therefore, the appraisal industry must begin to push back.

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Appraisal Contracts Real Estate Architecture 74

McKissock

MARCH 22, 2022

Green homes require special consideration during the appraisal and appraisal report review processes, given that they are typically unique to a subject neighborhood. These appraisals take more time and effort, as well as a certain kind of knowledge and skill—which you can secure with McKissock’s Certified Green Home Appraiser program.

Appraisal 90

Appraisal Design Appraisal Process Market Value 90

AmeriMac

APRIL 30, 2024

Commercial real estate appraisals are an integral part of buying or selling commercial properties. These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

East Coast Appraisal

OCTOBER 18, 2021

Accurate home appraisals benefit both property buyers and sellers. Appraisals help buyers to get mortgage approval and avoid overpaying for their houses. Below are two common approaches to property appraisals. The comparable properties should be as similar as possible to the one appraised. Construction Cost.

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Property Appraisal Appraisal Architecture Construction 52