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?

Appraisal 91

Appraisal Inspection Appraisal Process Real Estate Agent 91

Hank Miller Team

NOVEMBER 22, 2022

Appraisers and home inspectors are important parts of a real estate transaction, but they serve completely different purposes. There are significant differences between an appraisal and a home inspection, it’s best for every home buyer to become familiar with the purpose of each. What is a Real Estate Appraisal?

Inspection 52

Inspection Appraisal Buyers Sellers 52

Appraisal Today

JULY 1, 2022

Excerpts: Appraisers, this article was prompted by my ‘coming in contact with several appraisal reports where different regional appraisers report the physical location of the subject property “in” a particular City associated with the postal ZIP Code for that City. Appraisal Business Tips . Humor for Appraisers.

Appraisal 52

Appraisal Contracts Insurance Real Estate 52

Empire Appraisal Group

JULY 1, 2021

5 Appraisal Topics Every Agent Should Know. Source: 5 Appraisal Topics Every Agent Should Know | Realtor Magazine. Appraisers are an integral part of the real estate sales process. Interacting With an Appraiser at a Property. Don’t tell the appraiser your client needs a certain value, for example.

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Agents Appraisal Real Estate Realtors 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!

Appraisal 52

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.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

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.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

D Fritz Appraisals

FEBRUARY 22, 2023

It represents the difference between what they owe on their home and its current market value. However, refinancing will also incur additional closing costs, such as appraisal fees and legal expenses, which the borrower should consider before making a decision. What Is Home Equity?

Real Estate 124

Real Estate Investing Appraisal Market Value 124

Listing Spark

FEBRUARY 9, 2023

Whether you are selling your home or refinancing, it’s likely that the success of the transaction will rely on a home appraisal. Appraisals are an essential part of pricing and can be instrumental in helping you get the best sale price for your home when used properly. Here’s all you need to know about home appraisals!

Appraisal 36

Appraisal Sellers Market Value Contracts 36

Town & Country Residential Appraisals

JANUARY 24, 2020

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. If you feel that an appraiser has artificially inflated a market value opinion, report this behavior to the PA Appraiser Board here.

Appraisal 36

Appraisal Market Value Contracts Clients 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.

Appraisal 80

Appraisal Construction Contracts Architecture 80

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 should it be insured for? What would a reasonably well-informed buyer actually pay for that house—without the special market condition of a feeding frenzy?

Real Estate 72

Real Estate Appraisal Valuation Inspection 72

Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. However, these restrictions may also limit modifications, potentially affecting the property’s market appeal. Worth reading.

Appraisal 83

Appraisal Contracts Training Architecture 83

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.

Real Estate Agent 78

Real Estate Agent HOA Real Estate Agents 78

Listing Spark

DECEMBER 9, 2020

It is more than likely that if you are selling a residential home in Texas the buyer is going to ask you (home seller) to pay for the title insurance policy. The title insurance premium is set by the Texas Department of Insurance and will be the exact same at any title company you choose.

Sellers 69

Sellers HOA Insurance Contracts 69

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. Cash-value policy : A homeowners insurance policy that pays the replacement cost of a home, minus depreciation, should damage occur.

Real Estate Agent 56

Real Estate Agent Insurance Inspection Buyers 56

Appraisal Today

FEBRUARY 9, 2024

How do appraisers consider appliances? also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.”

Appraisal 83

Appraisal Contracts Insurance Construction 83

PennyMac

JUNE 28, 2022

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. This fee will cover the attorney preparing and reviewing agreements and contracts. FHA Mortgage Insurance Premium. Homeowners Insurance. Closing Fee.

Insurance 36

Insurance Property Taxes Sellers Inspection 36

Realtor

OCTOBER 29, 2020

Appraisal contingency: With this contingency, a third party hired by your mortgage lender evaluates the fair market value of the home. You have a specified time period, as stated in the sales contract, during which you have to obtain a loan that will cover the mortgage. A copy of your contract with the seller.

Buyers 208

Buyers Inspection Contracts Real Estate Agent 208

Assurance Financial

DECEMBER 20, 2021

The home’s gains in market value. A sale and settlement contingency gives you the legal right to exit a contract if you don’t receive an offer for your current home in time. However, if the seller accepts your offer, you’ll be able to keep the home you want under contract while you wait for a buyer.

Mortgage 74

Mortgage Sellers Buyers Finance 74

McKissock

APRIL 23, 2021

McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide variety of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your real estate appraisal career.

Appraisal 89

Appraisal Inspection Real Estate Business 89

Realtor

OCTOBER 29, 2020

Appraisal contingency: With this contingency, a third party hired by your mortgage lender evaluates the fair market value of the home. You have a specified time period, as stated in the sales contract, during which you have to obtain a loan that will cover the mortgage. A copy of your contract with the seller.

Buyers 78

Buyers Inspection Contracts Real Estate Agent 78

Clear Capital

SEPTEMBER 29, 2021

Then they dive into Freddie Mac’s long-anticipated research paper, “ Racial and Ethnic Valuation Gaps In Home Purchase Appraisals.” ” Jeff’s Real Estate Joke of the Pod gives us a buyer’s-eye view of today’s real estate market. Interview with Ribbon Co-Founder & CEO Shaival Shah.

Sellers 69

Sellers Agents Real Estate Buyers 69

Will Springer Realtor

OCTOBER 11, 2022

The local single-family market is riding a similar up-and-down wave, depending on the area. Seattle experienced a 32% (1031) monthly increase in new listings but a 15% (558) decline in homes going under contract, as median prices fell 2.9% ($900,000) since August and remain 5.9% higher compared with last year. from this time last year.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36