Raleigh Realty

FEBRUARY 19, 2022

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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Appraisal Process Appraisal Construction Sellers 139

Appraisal Today

MARCH 22, 2024

For instance, in the subject’s market, a mountain view could significantly impact the demand and marketability of a vacation condominium home. Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!!

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Hank Miller Team

JANUARY 25, 2022

Appraised Value This will vary depending on the purpose of the appraisal. There are a number of reasons appraisals are completed, purchase appraisals for buyers the most common. In Georgia property is required to be assessed at 40 of the fair market value unless otherwise specified by law.

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McKissock

MARCH 22, 2022

Green homes require special consideration during the appraisal and appraisal report review processes, given that they are typically unique to a subject neighborhood. Here are five tips for appraising green homes that you can use as guidance. Free guide: Want more tips for appraising green homes?

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Appraisal Today

MARCH 3, 2023

What Tools Do You Use to Support Your Appraisal Adjustments? We’ve included “paired sales/matched pair analysis” in the list as well, even though it’s a method rather than a digital or software tool, because it was mentioned by so many appraisers. Don’t miss the appraisers’ comments!

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Tools Appraisal Home Value Contracts 52

D Fritz Appraisals

OCTOBER 11, 2022

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Read on for more information about how a home appraiser determines the value of your property. Type of foundation.

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Appraiserblogs

FEBRUARY 28, 2023

NPR topped the online edition of its article with the headline, “Black and Latino Homeowners are About Twice as Likely as Whites To Get Low Appraisals.” Freddie never called the appraisals “low.” By design, his paper was strewn with nonsense. The problem?

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Home Value Appraisal Design Government 110

Appraisal Buzz

MAY 31, 2021

A husband and wife requested a bank appraisal to refinance their Jacksonville, Florida home. Only the wife was at home to greet the appraiser when they arrived to inspect her home. When the couple received the final appraisal report of their home’s value, they were shocked!

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Valuation Appraisal Real Estate Insurance 370

McKissock

MARCH 11, 2022

Congresswoman Maxine Waters has announced plans to propose federal legislation designed to reduce the racial gap in home appraisals. With the new Fannie Mae and Freddie Mac desktop appraisal option going live this month, McKissock Learning has released an updated CE course to reflect the new guidelines. housing market.

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Housing Market Appraisal Marketing Home Value 79

Housing Wire

OCTOBER 18, 2022

While many banks and credit unions rely on AVMs, some institutions have, post-mortgage crisis, taken a more cautious approach, relying instead on hybrid valuation products, like desktop and even full appraisals, in their decision-making.

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Appraisal Today

APRIL 14, 2023

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.

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Appraisal Today

MAY 19, 2023

Chat GPT For Fannie Form Appraisal Reports By Dustin Harris Excerpts: The world of real estate appraisal is constantly evolving (much to our dismay sometimes), and as professionals in this field, it is crucial to stay ahead of the curve by embracing innovative tools and technologies. The answer is, Yes!

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Appraisal Business Contracts Real Estate 52

AmeriMac

MARCH 29, 2024

One important aspect of the reverse mortgage process is the appraisal, which determines the value of the property and plays a crucial role in determining the size of the loan. Understanding reverse mortgages can be complex, but it essentially involves converting a portion of the home’s equity into usable cash.

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Mortgage Appraisal Appraisal Mortgage Appraisal Process 36

Cleveland Appraisal Blog

OCTOBER 29, 2021

If you’re reading through an appraisal report, and you make it to the Cost Approach, which is where appraisers report either the reproduction or replacement cost of the home they are appraising, you will see a little field that says, “ Remaining Economic Life “ What does this number indicate?

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Cleveland Appraisal Blog

APRIL 29, 2021

Welcome to Emily Miller , who wrote this piece for the Cleveland Appraisal Blog. Tips for Increasing Your Home’s Value Without Spending a Fortune. Buying a property is not just about creating a home, it is making a long-term investment. What Home Appraisers Look For. I have one more this week.

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Appraisal Investing Buyers Renovations 249

Empire Appraisal Group

NOVEMBER 22, 2023

Pompano Beach and Deerfield Beach Market Update Q3 2023 Since 2005, Empire Appraisal Group, Inc. They are the top residential appraisal company in Broward and Palm Beach County, providing reliable and accurate appraisals alongside exceptional customer service. We cater to jobs of all magnitudes, from tiny homes to mansions.

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Empire Appraisal Group

NOVEMBER 9, 2023

Market Update Parkland and Coral Springs Q3 2023 Since 2005, Empire Appraisal Group, Inc. They are the top residential appraisal company in Broward and Palm Beach County, providing reliable and accurate appraisals alongside exceptional customer service. We cater to jobs of all magnitudes, from tiny homes to mansions.

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Marketing Real Estate Clients Realtors 78

Appraisal Today

FEBRUARY 24, 2023

What Level Appraiser Are You? What is the mark of an appraiser who is at the top of his or her “game”? 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? A Level 1 appraiser checks boxes.

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Realtor

MARCH 7, 2023

Water and functional plumbing systems: The home must have adequate water flow to support working plumbing, water, and waste removal systems within the property. Operable heating and cooling: The home must have working heating and cooling systems. These loans have no home value limits at all, although they do have income limits.

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Inspection Appraisal Market Value Finance 111

Eppraisal

SEPTEMBER 18, 2021

After nearly nine inches fell in a single day, homes and buildings were irreparably ravaged; roads and highways were washed out; and several people were killed. Many distressed property owners had no flood insurance because they did not live in a designated flood zone. Does Flood Zone Designation Affect Home Value?

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Insurance Design Home Value Law 36

Empire Appraisal Group

MARCH 31, 2022

Sunshine Park, a century-old community of 130 properties south of downtown, is pursuing historic designation after seeing unsettling demos and rebuilds, including the razing of a 1920s-era mission-style house. The Historic Preservation Board is a sentry for homes in the city’s 17 protected districts.

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Design Architecture Realtors Development 78

Appraisal Today

FEBRUARY 23, 2024

I quit making dollar adjustments on form appraisals many years ago, but I always do market conditions adjustments when needed. I appraise a lot of 2-4 units and regularly go to other neighborhoods for comps. I do a lot of estate appraisals, which are not current value. Isn’t appraising boring? baths, 12,770 sq.ft.,

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Appraisal Real Estate Contracts Reconsideration of Value 68

Eppraisal

MARCH 11, 2021

Architects, builders, realtors, appraisers and more are specializing in properties that have ADU components. From design to construction, this company emphasizes transparency with regard to cost and simplicity with regard to process. Many of their units are basic studio homes though Acton routinely goes larger.

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Renovations Design Construction Home Value 36

Chicagoland Appraisal Blog

JANUARY 21, 2020

Chicagoland Appraisals had the privilege to be featured on Redfin amongst other top appraisal companies across America to give the best way to build home equity in America. Building home equity is one of the many financial benefits to homeownership, but sometimes it’s hard to know where to start. A saltwater pool?

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Eppraisal

JANUARY 31, 2023

Another plus for lending institutions is when the United States Department of Agriculture (USDA) or other government agency guarantees the loan -- USDA home loans are designated for specified rural areas. There are fewer attorneys, appraisers and other vendors with all-cash conveying.

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Development Finance Sellers Home Value 36

PennyMac

JANUARY 2, 2024

Equity is the difference between your home's current market value and the amount you owe on your mortgage. A home upgrade that doesn’t fully pay for itself dollar-for-dollar in terms of increased home value may still boost your home’s overall market value, thereby increasing your equity. Probably not.

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Home Improvement Renovations Investing Inspection 36

Appraisal Partners Blog

FEBRUARY 4, 2020

We gathered tips from experts in the field to share what they find to be the most effective ways to build equity in your home. Spurgeon Appraisals: Thinking about putting in a gazebo? Custom features may not always contribute to value, because they may not be widely accepted by your market. A saltwater pool?

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Real Estate Appraisal Home Value Real Estate Agent 60

Chicagoland Appraisal Blog

APRIL 3, 2020

To help you overcome these challenges, HomeLight spoke with one of the most successful real estate agents in the Chicago metro area, one of the city’s leading home appraisers, and a professional Chicago landscaper. According to Chicago-based designer and builder Sebring , quartz is still the top choice, followed by granite and marble.

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Real Estate Agent Architecture Modernization Buyers 78

Appraisal Today

NOVEMBER 4, 2022

Appraisers Share Their Best Tips for Working with AMCs. Appraisers tend to get annoyed with constant emails from the AMC about inspection date, completion, report submission, etc. My comments: Read this blog post with practical tips from practicing appraisers. Practical real estate appraisal writing tips for AMC questions.

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Reconsideration of Value Appraisal Inspection Advertising 52

Appraisal Today

DECEMBER 23, 2022

Excerpts: The property to be appraised is atypical. Some of the key physical features that can make an appraisal assignment complex include: The form of ownership is atypical. In this case, circumstances involving ownership are uncommon or make the appraisal more complex. Appraisal Business Tips . Humor for Appraisers.

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Appraisal Contracts Mortgage Modernization 52

Eppraisal

AUGUST 22, 2023

These AVMs cater to individual buyers and sellers, providing quick property value estimates and insights. These tools are designed for user-friendliness, accessibility, and convenience. The term "home value estimation" emphasizes the role of AVMs in guiding pricing strategies.

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Real Estate Real Estate Agent Valuation Sellers 36

Raleigh Realty

FEBRUARY 21, 2022

Although a standard for measuring square footage isn’t in place, it is important to be as precise as possible when calculating a home’s square feet, as that number can impact home values. Hiring an appraiser is typically only helpful if you are selling your home on your own.

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Housing Wire

NOVEMBER 13, 2023

Prolicense Florida pricing Education Type * Prelicensing Post-License CE License Renewal CE Professional Development Starting at $131 $156 $24 $49 Package Features Standard: Coursework, Intuitive Online Exam Prep Platform Designed to Mimi Content on the Florida Licensing Exam Post-License Online Coursework. Course E-Book.

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Real Estate Real Estate Agent Agents Law 380

PennyMac

JANUARY 3, 2024

Benefits: No down payment, unlike conventional or FHA loans* No private mortgage insurance (PMI) or upfront mortgage insurance premium (UFMIP) to keep your monthly payments low Lower interest rates Borrowers can choose to finance the VA funding fee into the loan *As long as the sales price does not exceed the appraised home value.

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PennyMac

OCTOBER 25, 2023

Who is the Home Possible program best for? As long as the sales price does not exceed the appraised home value. An upfront, non-refundable, $99 homebuyer counseling fee is required to be paid by the borrower to HPF at the time of the required counseling. **As

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Raleigh Realty

MARCH 29, 2021

Build Equity Every time you make a mortgage payment, you build equity in your home. Think of equity as the amount of money your home is worth after what you owe is deducted. When your home value goes up and you start paying off the loan's principal balance, that builds equity. Also, ask about issues like lead paint.

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Government Real Estate Agent Insurance Property Taxes 148

Assurance Financial

NOVEMBER 9, 2021

This is because FHA loans are designed to accommodate first-time homebuyers and people with low-to-moderate income levels. Property appreciation potential: If you are moving to an area where home values are appreciating, you may receive a lower PMI premium. Does PMI Go Away if Home Value Increases?

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