D Fritz Appraisals

MARCH 16, 2021

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?

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Appraisal HOA Easement Valuation 127

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

Appraisal Today

OCTOBER 20, 2023

Fannie Mae Filed a Complaint Against Me October 18, 2023 Excerpts: In June of 2021, I completed an appraisal for a conventional purchase. The appraisal was ordered by an AMC on behalf of a lender. At that time, the real estate market was still being wildly affected by the COVID pandemic. The inspection was uneventful.

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Birmingham Appraisal

FEBRUARY 8, 2023

All Appraisals Are Not The Same All appraisals are the same, right? Not really, and today I’m going to explain the differences between several different types of appraisals that could mean the difference between a home appraising for contract price or not.

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Realtors Appraisal Market Value Real Estate Agent 77

Cleveland Appraisal Blog

AUGUST 11, 2022

Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view. Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer. Thanks so much for reading the articles at the Cleveland Appraisal Blog!

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Renovations Buyers Appraisal Investing 221

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

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Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions.

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Real Estate Agent Real Estate Agents Appraisal 75

Appraisal Today

JANUARY 20, 2023

Top Ten Reasons Why It Is Great to be an Appraiser! Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Arouse the suspicion of an entire neighborhood when inspecting comparable sales. To read more, click here My comments: It has been a while since appraisers made negative concession adjustments.

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Appraisal Today

APRIL 14, 2023

Appraising Fixer Uppers Excerpts: We’re all familiar with the term “fixer-upper.” For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. In my MLS “contractor special” is often used.

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Appraisal Bracketing Contracts Valuation 52

Eppraisal

OCTOBER 23, 2023

Your bid may need to be higher, your contract contingencies may be undesirable or other buyers may have more attractive financing requirements. You can say no to the counteroffer, accept it or propose new changes to the contract. Arriving at a verbal agreement differs from being in a contract.

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Real Estate Agent Sellers Inspection Real Estate 69

Appraisal Today

JUNE 17, 2022

Excerpt: We continue to see claims alleging that the rural property appraiser failed to adequately identify or report details surrounding a water source. In one claim, the appraiser correctly noted that the property was serviced by a “private water well.” Appraisers – check the water source! Hybrid appraisal survey ).

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Appraisal Contracts Real Estate Mortgage 52

Genworth MI Blog

JUNE 27, 2019

The home appraisal has been requested…the waiting begins. Will the appraiser give credit for all the upgrades in the home? Is the appraiser familiar with the neighborhood? Will the appraiser use good comparables? Will the appraised value be sufficient for the loan?”. Will repairs be needed?

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Appraisal Tips Appraisal Law Market Value 78

Genworth MI Blog

JUNE 27, 2019

The home appraisal has been requested…the waiting begins. Will the appraiser give credit for all the upgrades in the home? Is the appraiser familiar with the neighborhood? Will the appraiser use good comparables? Will the appraised value be sufficient for the loan?”. Will repairs be needed?

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Appraisal Tips Appraisal Law Market Value 78

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

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

AmeriMac

OCTOBER 5, 2022

If you are in the process of buying a home, getting a home appraisal of the property can help you to get the correct market value for the home so that you don’t pay too much for it. It can be helpful for both the buyer and the seller of the property when the true value of the home is assessed. Home Appraisals.

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Appraisal Mortgage Market Value Sellers 36

Rowe Appraisal Group

MAY 6, 2020

This blog post goes out to all the Realtors who have had a deal fall through because the appraised value was below the contract price. Some of you may even had multiple offers with most of them were even above the appraised value. A good appraiser will take those facts into consideration in his/her analysis.

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Realtors Appraisal Contracts Real Estate Agent 36

Rowe Appraisal Group

MAY 6, 2020

This blog post goes out to all the Realtors who have had a deal fall through because the appraised value was below the contract price. Some of you may even had multiple offers with most of them were even above the appraised value. A good appraiser will take those facts into consideration in his/her analysis.

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Realtors Appraisal Contracts Real Estate Agent 36

McKissock

JULY 6, 2022

I would recommend including at least property access, financial outcomes, and potential roadblocks from contract to closing. For sellers, they need a clear understanding of what showings, open houses, and inspections could entail. They should be educated on loan costs, contract fees, inspection expenses, etc.

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Clients Real Estate Contracts Sellers 87

AmeriMac

DECEMBER 15, 2021

When it comes to buying or selling a home, one of the most important parts of the process is also the one that most people don’t spend too much time thinking about: the appraisal. An appraisal happens when an independent third-party tries to accurately assess exactly how much money a home is actually worth.

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Real Estate Appraisal Market Value Contracts 36

AmeriMac

DECEMBER 15, 2021

When it comes to buying or selling a home, one of the most important parts of the process is also the one that most people don’t spend too much time thinking about: the appraisal. An appraisal happens when an independent third-party tries to accurately assess exactly how much money a home is actually worth.

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Real Estate Appraisal Market Value Contracts 36

Eppraisal

DECEMBER 20, 2022

Be prepared to negotiate with the sellers to make the final contract a win-win. Signed and Delivered After you and the sellers come to an agreement on all terms, you will all sign the contract. It will be delivered to all parties and become a fully executed real estate contract. Closing Finally, it's closing time.

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Real Estate Buyers Inspection Real Estate Agent 36

Town & Country Residential Appraisals

JANUARY 24, 2020

They ask you at the inspection “So, how much do you need this to come in at?” An appraiser’s data, reasoning and final opinion should be credible, reliable, independent, impartial and objective. If you feel that an appraiser has artificially inflated a market value opinion, report this behavior to the PA Appraiser Board here.

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Appraisal Market Value Contracts Clients 36

Aedis Appraisals

JUNE 13, 2017

Regardless of whether you happen to be the buyer, owner, or seller of a property, it’s important to understand the significance of appraisals and how they affect the inherent value of the property in question. What Is an Appraisal and When Do I Need One? Home Appraisal and Home Inspection Differences.

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Property Appraisal Appraisal Inspection Real Estate 36

Appraisal Today

APRIL 12, 2024

Desktop Appraisals: Who, When, and Why Excerpts: The ability to identify property characteristics without a personal inspection is not a new concept. Similarly, while not identical, appraisers generally use the cited sources above to identify the physical characteristics of comparable sales in their appraisals.

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Appraisal Construction Contracts Architecture 76

Cleveland Appraisal Blog

MAY 27, 2021

Who needs an appraiser when one has cash? I must admit, in the past year, there have been times when I have felt like many buyers don’t really care about value anymore. While it may seem like many buyers don’t care about what the market value of a home is, I think that we must be careful to not make that assumption.

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Market Value Appraisal Buyers Marketing 418

Lifestyle Properties of Maine

AUGUST 6, 2019

One of the most nerve wracking parts of a real estate transaction can be the appraisal process for both buyers and sellers. What is an appraisal? Why is an appraisal necessary? What if the home doesn’t appraise for the contract value? Some people confuse a real estate appraisal with a home inspection.

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Real Estate Appraisal Inspection Contracts 28

McKissock

JULY 11, 2022

In residential appraising, the cost approach and the income approach have in many cases become less utilized in favor of sole reliance on the sales comparison approach. What would a reasonably well-informed buyer actually pay for that house—without the special market condition of a feeding frenzy?”

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Real Estate Appraisal Valuation Inspection 72

Raleigh Realty

AUGUST 27, 2021

Once you have found your perfect real estate agent, then comes signing an agency contract This is a necessary step to take so that you can ensure your agent is dedicated to you and will do everything in their power to find your perfect home. Appraisal - An appraisal is one of the first steps that occurs after placing an offer on a home.

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Real Estate Agent HOA Agents Real Estate 78

Zillow

JULY 15, 2019

Appraisal management company (AMC) : An institution operated independently of a lender that, once notified by a lender, orders a home appraisal. Fees may include the appraisal, the home inspection, a title search, a pest inspection and more. Inspection occurs when the home is under contract or in escrow.

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Real Estate Agent Insurance Inspection Buyers 56

Realvals

JULY 27, 2022

As a real estate appraiser in California, I often hear this question, and the answer is almost always the same. It’s the client who pays for the home appraisal. Home appraisal process. The home appraisal process will differ depending on what you need the appraisal for. Private Appraisal.

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Appraisal Inspection Real Estate Buyers 78

Will Springer Realtor

FEBRUARY 1, 2022

Savvy sellers can generate a surge of buyer activity when listing the property slightly below market value with a review date. In addition to competing on price, buyers will often exclude contingencies for inspections , financing or low appraisal.

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Real Estate Sellers Buyers Legal 36

Cleveland Appraisal Blog

MAY 13, 2021

And, of course, we appraisers have our views of what a home is worth. . In the current market, those views may be light-years apart. In most areas that I appraise in, which is reflective of most parts of the country right now, as soon as a home is listed, within days, and sometimes hours, many bids are made.

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Market Value Contracts Appraisal Buyers 298

Realtor

DECEMBER 4, 2019

ftwitty/iStock When you’re considering buying a house, there are two sides to the story: the seller’s asking price and the actual value of the property. This is where an appraiser steps in. A real estate appraisal can let you know whether the amount being asked is a fair purchase price. What is the job of an appraiser?

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Appraisal Real Estate Inspection Property Appraisal 138

Appraisal Today

OCTOBER 6, 2023

2024 USPAP Source: Appraisal Foundation The 2024 Uniform Standards of Professional Appraisal Practice is now available for purchase in physical and digital formats. When USPAP started, it was very exciting as appraisers had to decide what needed to be changed or added. This covers all Definitions, Rules, and Standards.

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Appraisal Contracts Real Estate Mortgage 76

PennyMac

JUNE 28, 2022

From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home. For example, if you have an FHA loan, there is a standard limit that sellers can only contribute 6% based on the appraised value and the price of the property. Lead-Based Paint Inspection.

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Insurance Property Taxes Sellers Inspection 36

Cleveland Appraisal Blog

MARCH 18, 2021

There may be some appraisers who suffer from this diseased way of thinking. However, I do believe that most appraisers are not racists, and do not discriminate in their work. . Especially if the home being appraised is in a neighborhood that is underserved. I was given an order to appraise a property for a purchase.

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Appraisal Investors Buyers Market Value 195