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GSEs further expand AVMs, desktop and hybrid appraisals

Housing Wire

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. Non-traditional appraisals to the rescue. Both GSEs argue that these approaches advance equity.

Appraisal 308
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Why Buyers Shouldn't Waive Inspection Contingencies

Eppraisal

Some are waiving appraisals and others are even offering to waive inspection contingencies. Inspection Contingencies Defined When buyers and sellers agree on all the terms of a real estate contract, it is signed and delivered to all parties. Some buyers like to have the roofs inspected by roofing companies.

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Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

Appraisals 101: What to Expect From the Home Appraisal Process Wondering what to expect from your home appraisal? You've found a home you love, put down an offer you're excited about, and the closing date is fast approaching. Now it's time for the home appraisal. What is a Home Appraisal?

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Working with buyers in the nation’s hottest housing market

Housing Wire

year-over-year increase in home values. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Garrett said aside from cash buyers, he also has clients who have money to offset any appraisal gap.

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What’s Your View?

Cleveland Appraisal Blog

Buyers have their view of how much they are willing to pay for a home. Real estate agents have a view of what the home should be listed for, based upon their research and experience. And, of course, we appraisers have our views of what a home is worth. . However, most home buyers are looking for a place to live. .

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Pre-Appraisal Checklist for Homeowners

D Fritz Appraisals

Be Prepared for an Appraisal for a Positive Impact on Your Home’s Valuation. Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. How Do I Get Ready for the Appraisal on My House?

Appraisal 126
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Appraising Fixer Uppers

Appraisal Today

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. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” In my MLS “contractor special” is often used.