Boston Appraisal

FEBRUARY 11, 2024

Introduction Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Leveraging Market Data The appraisal process begins with a thorough analysis of market data, focusing on sales of properties that share historical or antique characteristics.

Appraisal 147

Appraisal Renovations Architecture Appraisal Process 147

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

In most parts of the country, real estate appraiser’s main source of data is the multiple listing service. MLS) We use it to find homes that are comparable to the ones we are valuing, to determine what buyers are paying for similar homes. An appraiser may miss that sale through no fault of their own. NO BLANK FIELDS.

Agents 374

Agents Appraisal Renovations Development 374

Clear Capital

FEBRUARY 23, 2024

Shared equity programs are growing across the country, and lenders and appraisers should understand the nuances of these programs to ensure accurate valuations. When the subject property is a shared equity property A lender should specify in the appraisal order whether the subject property is a shared equity property.

Valuation 36

Valuation Market Value Contracts Appraisal 36

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

Have you ever read thru an appraisal report? You may have noticed that there are three approaches to value. The Sales Comparison approach, as the name implies, compares the property being appraised to other properties that a potential buyer might consider as a substitute for buying the property being appraised.

Development 337

Development Appraisal Market Value Valuation 337

Appraisal Buzz

MAY 31, 2022

As we all know, the home valuation is an integral part of the lending process that helps Americans in their journey to homeownership. 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. The Appraisal Review.

Real Estate 221

Real Estate Lending Valuation Appraisal 221

Cleveland Appraisal Blog

FEBRUARY 11, 2022

Just like going cheap when buying running shoes can be costly, the same is true when it comes to hiring an appraiser. If you’re in need of an appraisal, I highly recommend not going with the cheapest appraiser. At first glance, two appraisals may both look impressive to someone who doesn’t know anything about appraisals.

Appraisal 221

Appraisal Market Value Clients Design 221

The Robert Weiler Company

SEPTEMBER 18, 2022

When there is land for sale – whether raw acreage, commercial property, or residential – a land appraisal is the key component of the process. Any loan for a property is based on the appraisal value. As a land buyer, owner, or seller, understanding the true market value of the real estate in question is important.

Appraisal 78

Appraisal Valuation Real Estate Market Value 78

Birmingham Appraisal

FEBRUARY 20, 2024

Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party.

Agents 89

Agents Appraisal Real Estate Agent Bracketing 89

McKissock

JULY 23, 2021

Every real estate appraiser is familiar with the terms “marketing time” and “exposure time,” but it’s not always clear why and how these are developed in everyday assignments when developing an opinion of market value. Several conditions are implicit to market value as defined by the Federal Agencies.

Appraisal 99

Appraisal Marketing Market Value Development 99

McKissock

MARCH 2, 2021

As an experienced appraiser, you’ve likely encountered pressure to hit the purchase price or develop your appraisal based on a predetermined value. So what do you do when you’re asked to hit a certain value? Webinar: The Market Value Doesn’t Support the Contract Price, Now What?

Appraisal 103

Appraisal Contracts Market Value Clients 103

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. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer.

Appraisal 105

Appraisal Inspection Property Taxes Easement 105

AmeriMac

DECEMBER 30, 2023

Understanding the process and implications of these appraisals is crucial for both homebuyers and sellers. This post will cover everything you need to know about REO appraisals. We will start with the definition and purpose of these appraisals, followed by how they work, the factors considered in them, and preparing for an appraisal.

Real Estate 36

Real Estate Appraisal Inspection Appraisal Process 36

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.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

Birmingham Appraisal

AUGUST 2, 2023

A Guide to Selecting the Right Appraiser Selecting a real estate appraiser is a crucial decision that can significantly impact your financial transactions and investments. Certification and Licensing Appraisal standards and regulations are vital to maintaining the integrity of the profession.

Appraisal 73

Appraisal Agents Valuation Real Estate 73

Genworth MI Blog

JULY 13, 2023

Prospective borrowers, especially first-time homebuyers, need to be ready for what they’ll encounter during the homebuying process, including home appraisals. But with obstacles in the way for many, lenders need to stay updated on market trends and understand how every part of the homebuying journey might be impacted.

Appraisal 78

Appraisal Inspection HOA Real Estate 78

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.

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

AmeriMac

MARCH 15, 2024

Appraisal Management Companies (AMCs) play a crucial role in the real estate industry by providing independent appraisal services to lenders and other clients. While most people are familiar with the concept of an appraiser, many may not be aware of the important role that AMCs play in the appraisal process.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

Birmingham Appraisal

MAY 21, 2024

Additionally, it’s wise to look into future development plans in the area as they could either boost or detract from your home’s value in the long run. Keep an eye on the neighborhood’s growth trends and planned developments.

Home Value 70

Home Value Architecture Renovations Real Estate 70

Appraiserblogs

JULY 6, 2022

How Does an Eminent Domain Attorney Critique and Review An Appraisal Upon Which His Client’s Just Compensation Is Based? Attorneys representing property owners and appraisers responsible for documenting the value of the property being taken often work together in an eminent domain case. Why Are Appraisers Banned?

Valuation 123

Valuation Legal Appraisal Development 123

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.

Realtors 80

Realtors Appraisal Market Value Real Estate Agent 80

McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? First and foremost, Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that we are to: “analyze all agreements of sale.” Learn more in our free guide, The ROI of Professional Development for Appraisers.

Contracts 64

Contracts Appraisal Market Value Real Estate 64

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

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 93

Appraisal Inspection Appraisal Process Real Estate Agent 93

Simonson Real Estate

OCTOBER 23, 2020

As the impact of COVID continues to unfold and the real estate market grapples with rapidly changing information and market conditions – commercial appraisers have had to quickly adapt to a new way of gathering reliable and credible data to base their appraisal analysis from. Key Language in Letter of Transmittal.

Appraisal 143

Appraisal Retail Tenants Real Estate 143

Appraiserblogs

MAY 26, 2022

A new press release from Class Valuation, one of the largest US based AMCs, scampered across my office threshold on 5/17/22. the modern appraisal industry perpetuates racial inequality through its continued use of the “sales comparison approach”. The post A Push to Artificially Raise Property Values appeared on Appraisers Blogs.

Modernization 124

Modernization Valuation Appraisal Government 124

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 post is long.

Appraisal 71

Appraisal Design Contracts Inspection 71

Simonson Real Estate

APRIL 27, 2020

By addressing the key areas that now take on heightened importance in current appraisal reports, Appraisers can stay relevant and viable in this ever-changing market. It is important for the appraisal to recognize COVID-19 and introduce the situation in the Letter of Transmittal. Key Language in Letter of Transmittal.

Real Estate 78

Real Estate Appraisal Valuation Clients 78

D Fritz Appraisals

DECEMBER 16, 2022

Read on for more about how your property tax assessment is calculated, what to do if you think your assessment is too high and how a professional appraisal company can help you with your appeal. While the actual dollar valuation of the property is not the basis for your tax bill (i.e. How an Independent Appraiser Can Help Your Appeal.

Property Taxes 110

Property Taxes Valuation Appraisal Real Estate 110

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.

Agents 78

Agents Appraisal Real Estate Realtors 78

CP Home Appraisals

AUGUST 27, 2018

Isn’t a home inspection similar to a home appraisal? Not at all – an appraisal differs from a house inspection. Although the home appraiser will complete a rudimentary inspection of the subject property, it will be nowhere near as thorough as what a property inspector does. Why is it vital to have a home appraisal?

Inspection 78

Inspection Appraisal Property Inspector Real Estate 78

PennyMac

OCTOBER 10, 2023

Whether you’re selling your home to begin a new adventure or refinancing your existing home, getting an appraisal with the value you want is an important hurdle to clear. You may feel that the appraisal process is out of your control, but there are many easy and inexpensive ways to get both yourself and your home ready.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Clear Capital

MARCH 17, 2022

In Real Estate Appraisals A Photo is Worth A Thousand Words. But for underwriters, the collateral appraisal review process is still painstakingly slow. Subject property photos, including interior and exterior images, are considered a minimum to meet qualified appraisal requirements. FHA Appraisal Photo Requirements.

Real Estate 69

Real Estate Appraisal Technology Development 69

Cleveland Appraisal Blog

JANUARY 21, 2021

When performing an appraisal observation, appraisers must look for settlement issues and report on them. Especially if they are believed to be indications of major structural problems because this has an impact on value. Cracks develop when stress upon a dwelling exceeds its strength. Settlement cracks! NON-STRUCTURAL.

Appraisal 233

Appraisal Inspection Real Estate Market Value 233

Cleveland Appraisal Blog

SEPTEMBER 30, 2022

When flipping thru one of these books, the viewer’s mind fills in the gaps between pictures so that an animated story and picture develops. APPRAISAL REPORTS. Have you ever read a real estate appraisal report? Each section should contribute a little to the overall story of the value of the home being appraised.

Appraisal 342

Appraisal Development Market Value Clients 342

McKissock

MARCH 30, 2021

” The result was the indicated “Sales Price” for real estate sales folks—or, when used by appraisers, the indicated “Market Value.” Get up-to-speed on the latest edition of USPAP with The Appraisal Foundation’s 7-hr National USPAP Update Course. The future of the residential appraiser.

Valuation 95

Valuation Real Estate Appraisal Market Value 95

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?

Appraisal Tips 78

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?

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78