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The Loan Officer’s Guide to Appraisals, Part 1:  The Final Inspection

Riverfront Appraisals

Welcome to the very first post in our all-new series The Loan Officer’s Guide to Appraisals. Well – not really the end, but one of the last parts of some appraisals – namely the final inspection. We’ll briefly look at what a final inspection […].

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The Appraiser-Agent Relationship: A Win-Win Approach

Birmingham Appraisal

How Can Appraisers and Agents Work Together? In the often chaotic world of real estate, the appraiser-agent relationship can contribute to a smoother process. There are many areas that appraisers and agents can inform and educate one another so that each of their jobs is done more successfully.

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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

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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Modular vs Manufactured-There IS a Distinction

Town & Country Residential Appraisals

The final inspection for these structures are conducted by approved inspectors for the area they are located and not in factory. A couple distinctions that affect your appraisal and lending ability also are related to these differences. Modular homes do not have the ability to be placed on pier or pads.

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Say What? Home-Buying Lingo You Should Know

Zillow

Appraisal management company (AMC) : An institution operated independently of a lender that, once notified by a lender, orders a home appraisal. Buyers market : Market conditions that exist when homes for sale outnumber buyers. Cancellation of escrow : A situation in which a buyer backs out of a home purchase.