Appraisal Today

JANUARY 5, 2024

Bradley, SRA, CDEI, McKissock Learning On May 5, 2023, the Appraisal Standards Board (ASB) voted to adopt changes to the Uniform Standards of Professional Appraisal Practice (USPAP), which will become effective January 1, 2024. I suppose it is because most appraisals are done (now) for residential lending purposes.

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Appraisal Buzz

MAY 31, 2022

This series of articles explores the role of appraisal review processes in the risk system in the format of mortgage lending for 1-4 family real estate. Throughout, I’ll address current practices and processes of appraisal review, measuring change through observations, and insight as to what is to come. The Appraisal Review.

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AmeriMac

APRIL 30, 2024

Commercial real estate appraisals are an integral part of buying or selling commercial properties. These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area.

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AmeriMac

SEPTEMBER 30, 2023

If yes, then it’s time for you to consider relocation appraisal. Relocation appraisal is the process of evaluating a property’s value in the real estate market. It plays a crucial role in today’s real estate market, especially for employees and employers involved in workforce mobility.

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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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Genworth MI Blog

JULY 16, 2020

Recently, Desktop and Drive-by appraisals (no interior inspection by the appraiser) temporarily replaced some interior inspection appraisals as a necessary response to health risks and quarantine orders related to the COVID-19 pandemic. What are some of the fraud risks with borrower-supplied photos?

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Genworth MI Blog

JULY 16, 2020

Recently, Desktop and Drive-by appraisals (no interior inspection by the appraiser) temporarily replaced some interior inspection appraisals as a necessary response to health risks and quarantine orders related to the COVID-19 pandemic. What are some of the fraud risks with borrower-supplied photos?

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Housing Wire

AUGUST 31, 2023

However, a year after the GSEs announced new appraisal modernization solutions, as they’re more widely adopted, questions arise. A look into GSE appraisal modernization efforts The GSEs have each offered appraisal waivers on eligible loans for several years. The original appraisal waiver solutions were launched in August 2017.

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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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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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Boston Appraisal

MAY 27, 2019

And because real estate properties are usually the most significant financial asset of the deceased, establishing their fair market value is a priority. In any case, the most reliable way to find out the fair market value of a home is to order an estate appraisal, also known as a time-of-death appraisal or probate appraisal.

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Realtor

MARCH 7, 2023

Though the design, system, and fuel source don’t matter, the unit must provide appropriate temperature control. The main criterion is that the home’s market value may not exceed the USDA’s applicable area loan limit. Operable heating and cooling: The home must have working heating and cooling systems.

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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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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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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

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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AmeriMac

JULY 11, 2022

To make it an easier process, you can get a relocation appraisal. This is an appraisal that will give your company, as well as you, an estimated price for the house that is being sold. Relocation Appraisals. Relocation appraisals are used to get an estimate of what a home will sell for.

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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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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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Sammco Real Estate Appraisal Group

SEPTEMBER 15, 2015

So how do you find best Orange County Home Appraiser? You might be a home owner, a mortgage loan officer or even an appraisal management company. If you Google Orange County Home Appraiser and look at some of the listings, you’ll not find a lot of appraisers in Orange County, CA that do non-lender work.

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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 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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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. Not anticipating issues.

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Assurance Financial

APRIL 29, 2021

Before you buy a home or refinance a mortgage, your property will most likely need to go through the appraisal process. During an appraisal, a professional will evaluate your home’s condition, how much similar homes have sold for recently and the overall market to determine the value of your home. Assessed Value.

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D Fritz Appraisals

NOVEMBER 16, 2023

What Can Impact the Cost of a Home Appraisal Whether you are buying, selling or looking to refinance your home, you will most likely need a home appraisal. While an appraisal fee is something you will need to add to your budget or closing costs, the good news is the cost of a home appraisal shouldn’t be a deal breaker.

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Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. Property appraisal information Detailed outline or description of each property. These details are more relevant and appropriate in an appraisal. More on that later.

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Lamacchia Realty

AUGUST 12, 2021

Fixer-uppers tend to be popular among real estate investors as well as first-time homebuyers as they present an opportunity to buy below market value. By making updates, the buyer is able to meet or exceed current market standards and build equity in their property faster.

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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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The Robert Weiler Company

MAY 18, 2022

commercial appraisal, commercial real estate agents, advertisements, and upkeep for curb appeal). Though, keep in mind that commercial real estate doesn’t always sell at market value. To determine your exact commercial real estate ROI — meaning actual profit — you have to sell the property first.

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Birmingham Appraisal

MAY 2, 2023

A Closer Look at The Retrospective Appraisal During the estate and tax planning process, one of the key concerns that clients often have is minimizing the tax burden on the heirs of an estate. In this blog post, we will discuss the benefits of a retrospective appraisal for estate and tax purposes for the heirs of an estate.

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Assurance Financial

MAY 18, 2022

USDA loans , also known as Rural Development loans, are designed to make homeownership affordable and provide affordable housing to rural communities across the U.S. They are designed for borrowers with a low or very low income who want to purchase a home in a rural area. An appraisal is part of the loan application process.

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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.

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