Premier Home Appraisal Blog

MAY 30, 2023

My home appraisal saved me money! Are you tired of paying for private mortgage insurance (PMI) every month? That's where our home appraisal for PMI removal comes in. By getting a PMI removal appraisal and showing that your home has increased in value, you can show that you have the required equity to SAVE MONEY!

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Appraisal Home Value Appraisal Process Insurance 98

Housing Wire

JUNE 30, 2021

ServiceLink, which is backed by Fidelity National Financial, meets the unique needs of wholesale lenders by providing title insurance, appraisals, flood certificates and closing services. More than 50 years of title industry expertise gives ServiceLink unique insight into the needs of our wholesale clients.

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Valuation Client Relationships Clients Inspection 196

D Fritz Appraisals

JANUARY 8, 2022

Seeing how useful aerial photography has been in creating real estate listings, real estate appraisers are now also beginning to see the value in adding drone technology to their toolkits. . Drones for Real Estate Photography and Appraisals – Four Key Benefits: Drones Can Capture a High Level of Detail. What is Drone Photography?

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Real Estate Appraisal Inspection Real Estate Agent 88

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 86

Realvals

JUNE 18, 2023

In today’s dynamic market, there are many situations where you may need a real estate appraisal. An appraisal provides you with the clearest understanding of the value of your real estate. Whether you are buying, selling, or refinancing, an appraisal helps you make well-informed decisions in the process.

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Appraisal Property Taxes Real Estate Market Value 145

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

Housing Wire

OCTOBER 29, 2021

Luckily, the technology and infrastructure we had in place at ServiceLink kept our client service uninterrupted. This was crucial for us, and our clients, in order to maintain operations during a difficult and uncertain time. We were also able to help our clients navigate the volume spikes associated with low-interest rates.

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Inspection Technology Clients Tools 274

Appraisal Today

OCTOBER 13, 2023

How to Level Up as an Appraiser By Conrad Meertins Jr. 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? For example, you understand that you do not need a form to produce an appraisal. Are your legs shaking?

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Appraisal Law Contracts Business 80

McKissock

FEBRUARY 25, 2022

Looking for ways to compete in the appraisal industry? This month we asked our appraisal community, “What differentiates you from other real estate appraisers?” Read the responses below to learn how 75+ individual appraisers stand out from the competition. Approach to the appraisal process.

Real Estate 78

Real Estate Appraisal Easement Inspection 78

Appraisal Today

JUNE 2, 2023

Concessions, Kickbacks, and the Appraiser’s Nightmare by Richard Hagar, SRA Excerpts: What Appraisers Must Do There are many steps appraisers must follow, more than I can list here. Learn how to provide an accurate value conclusion that protects the appraiser from the potential ramifications of their bad acts.

Appraisal 52

Appraisal Contracts Real Estate Agent Sellers 52

Realtor

AUGUST 1, 2018

But in the middle of this process, someone asked us how much our mortgage insurance would be. “Mortgage insurance?” You’re on the hook for mortgage insurance for the life of the loan. Let’s get into the first thing you’ll have to factor in with an FHA loan: mortgage insurance.

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Inspection Insurance Buyers Renovations 136

Housing Wire

JANUARY 11, 2024

” Matt Lehnen, Deephaven Mortgage CTO : “For our clients and our customers: AI also has to be used fairly. And the result is a more accurate appraisal because it’s more independent and appraisers have to base their opinions off the data being provided.” You want to interpret it and make sense of it. .”

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Technology Contracts Business Appraisal 375

D Fritz Appraisals

OCTOBER 22, 2019

What to Look for in a Home Appraisal Company. Looking for a Home Appraisal Company in Victoria, BC? In any of these situations, a property appraisal company can help, and it will be up to you to hire the right company for the job. So, when it’s up to you, how do you know what property appraisal company to hire?

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Appraisal Property Appraisal Real Estate Appraisal Process 78

Lamacchia Realty

MAY 9, 2023

Appraisal Cost: A home appraisal is a professional examination of your home done by a licensed appraiser who specializes in examining homes and determining a value. This fee is paid at the time of the inspection directly to the inspector. Recording Fee: The Registry of Deeds will charge a recording fee.

Insurance 71

Insurance Inspection Buyers Realty 71

McKissock

JULY 26, 2022

Here are some tips on how to make the real estate transaction process as smooth as possible for you and your buyer clients. Timeliness and types of inspections. Property insurance. What if you have two clients interested in the same property? Inspections. Availability of property insurance. Making an offer.

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Real Estate Counter Offer Buyers Inspection 81

Appraisal Today

SEPTEMBER 23, 2022

Excerpts: Commentary from a (Ryan) appraisal: Here is a bit of commentary in one of my recent appraisal reports. I remember the easy days of market condition adjustments 1% per month up or down, for example, to apply to all detached home appraisals. Number 1 for lenders (AMCs’ clients) has always been turn time.

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Appraisal Marketing Business Contracts 52

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

Realtor

FEBRUARY 11, 2021

Hammond , a Chase private-client home lending adviser. Closing costs are used to pay for items such as appraisals, inspections, and much more. Some costs—such as the down payment, closing costs, home inspection and appraisal—are just the price of admission to homeownership. Can you afford the neighborhood?

Property Taxes 218

Property Taxes Inspection Landlords Renovations 218

Appraisal Today

SEPTEMBER 30, 2022

Killed by Carbon Monoxide: Appraiser Blamed. Excerpts: For decades, appraisers have been gently reminded to pay careful attention to smoke alarms and carbon monoxide (CO) detectors—especially noting when they are absent altogether. Humor for Appraisers. Read this article on how to check CO detectors. CO Detector vs Smoke Alarm.

Appraisal 52

Appraisal Inspection Easement Contracts 52

McKissock

APRIL 20, 2021

But with a majority of the mortgage appraisal volume being engaged through appraisal management companies, as an appraiser, working with AMCs is almost a necessity today. Here are ten tips designed to help you improve your appraiser score, get more assignments close to home, and earn more money working with AMCs.

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Appraisal Inspection Clients Appraisal Process 91

Realtor

AUGUST 1, 2018

But in the middle of this process, someone asked us how much our mortgage insurance would be. “Mortgage insurance?” You’re on the hook for mortgage insurance for the life of the loan. Let’s get into the first thing you’ll have to factor in with an FHA loan: mortgage insurance.

Inspection 78

Inspection Insurance Buyers Renovations 78

Cleveland Appraisal Blog

MAY 6, 2022

Shopping for the new home, decluttering the old one, budgeting for agents and movers, handling the paperwork, packing, notifying interested parties about the move, scheduling move-out inspections, canceling memberships and services, transferring utilities, home insurance, etc., I am a member of the National Association of Appraisers.

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Appraisal Logistics Inspection Insurance 221

Appraisal Today

OCTOBER 7, 2022

NAR Appraisal Survey 2022. Excerpts from NAR Report (link below): In May 2022, NAR Research conducted a survey of all 9,700 appraiser members and 50,000 randomly-selected non-appraiser members. The typical appraiser reports a 40-mile radius in which they conduct appraisals. While agents can “puff” we cannot!

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Appraisal Contracts Architecture Housing Market 52

ACT Appraisal

OCTOBER 10, 2018

Natural disasters, like hurricanes, wildfires, and tornados, can have a huge impact on the appraisal industry. For residential appraisers, the work can increase shortly after a natural disaster, whereas, for commercial appraisers, the work may decrease as business transactions dip as people focus on their homes. Challenges.

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Appraisal Inspection Construction Valuation 36

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

The Robert Weiler Company

DECEMBER 9, 2022

We often give a name to someone who helps clients buy or sell commercial real estate without considering each unique position, their responsibilities, education, certification or licensing, and expertise. A commercial real estate agent works with clients to buy, lease, rent, or sell commercial properties.

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Real Estate Agent Realtors Real Estate Agents 78

Appraisal Today

NOVEMBER 20, 2022

Sins of the Past Are Back to Haunt Appraisers. Fannie Mae Takes A Closer Look at Appraisals. Excerpts: In the recent past, when appraisers were swamped. Even with the Collateral Underwriter program review, appraisers were overwhelmed. Failures to personally inspect and photograph comparables. .

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Appraisal Real Estate Agent Real Estate Contracts 52

Town & Country Residential Appraisals

JANUARY 24, 2020

They ask you at the inspection “So, how much do you need this to come in at?” That’s a step towards mortgage insurance fraud and a lost license. An appraiser’s data, reasoning and final opinion should be credible, reliable, independent, impartial and objective. After nearly 20 years of appraising, we’ve seen some weird things.

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Appraisal Market Value Contracts Clients 36

Walitt Solutions

JULY 28, 2019

In July 2019, I spoke to the Collateral Risk Network, a group of chief appraisers, risk managers, management companies, lenders, appraisers, regulators, and legal experts, at the Collateral Matters event in Reston, Virginia. My talk focused on Property Inspections, which – to an outsider – might seem to be a straight-forward topic.

Appraisal 28

Appraisal Inspection Valuation Lending 28

McKissock

SEPTEMBER 6, 2021

You need to initially set the rules for when your buyer can call (not too early or late) and identify the best means of communication for each client (phone, text, email, etc.). Additionally, provide full contact information for any surveys, pest inspections, or home inspections. About the author.

Real Estate 77

Real Estate Real Estate Agent Sellers Inspection 77

Aedis Appraisals

AUGUST 17, 2017

When you’re discussing appraisals or considering an appraisal of a residential property, time is also a major factor. A delay can be a problem for both lender and client. Appraisals can be completed according to this cost approach or according to the direct-comparison approach, which looks at similar sales in the area.

Real Estate 36

Real Estate Appraisal Appraisal Process Legal 36

Appraisal Today

MAY 26, 2023

MPR Repairs: Guidance for FHA Appraisers By: McKissock Excerpts: If you are appraising a property that needs some cosmetic repairs but meets FHA minimum property requirements (MPR) in its current condition, you should make the appraisal “as-is.” Conservation easement appraisals are a definite risk for appraisers.

Easement 52

Easement Contracts Appraisal Inspection 52

Realtor

FEBRUARY 11, 2021

Hammond , a Chase private-client home lending adviser. Closing costs are used to pay for items such as appraisals, inspections, and much more. Some costs—such as the down payment, closing costs, home inspection and appraisal—are just the price of admission to homeownership. Can you afford the neighborhood?

Property Taxes 78

Property Taxes Inspection Landlords Renovations 78

The Robert Weiler Company

MARCH 29, 2023

With regularly scheduled inspections, potential issues are discovered early on before it turns into an emergency. Ask for referrals from industry professionals, such as commercial real estate brokers, appraisers, developers, and investors. Which kind of insurance do you have for your property management services?

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Property Management Tenants Real Estate Investors 78

Assurance Financial

MAY 4, 2022

Common fees that contribute to the closing costs include, but are not necessarily limited to, appraisal and inspection fees, application fees, origination fees, mortgage and title insurance fees, early repayment fees and discount points — some of which are more avoidable than others. Inspection/appraisal fees.

Mortgage 36

Mortgage Insurance Legal Inspection 36

The Robert Weiler Company

OCTOBER 15, 2021

Commercial real estate appraisers will tell you that cap rates do not signify value. Tip #5: Hire a professional Ohio real estate appraiser to assess the Columbus, Ohio commercial property for sale before signing. A Columbus, Ohio property appraiser will help you learn the exact size and condition of the property. zoning).

Investing 138

Investing Real Estate Tenants Investors 138

Quicken Loans

APRIL 12, 2021

Or, if there is an escrow shortage due to a rise in property taxes or insurance premiums, the escrow payment will increase. And since property taxes and homeowners insurance are typically paid through the monthly mortgage payment, the monthly payment will rise as well. HUD-certified financial counseling. Stage 2: Public Notice.

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Inspection Property Taxes Mortgage Investors 54