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The Appraiser-Agent Relationship: A Win-Win Approach

Birmingham Appraisal

How Can Appraisers and Agents Work Together? In the often chaotic world of real estate, the appraiser-agent relationship can contribute to a smoother process. There are many areas that appraisers and agents can inform and educate one another so that each of their jobs is done more successfully.

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Great news! No need for an appraisal. Or is it really??

Town & Country Residential Appraisals

Click on this link to view the actual document as released by Fannie Mae on March 1, 2023 [link] They have changed the term “Appraisal Waiver” to “Value Acceptance”. It is then the lender who confirms based on this information if the property is eligible and an appraisal is not required. Here is another “wait-a-minute-moment”!

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Appraising New Construction: Guidance for Follow-Up Inspections

McKissock

While most appraisals only require a single field visit—and in some cases none—when it comes to appraising new construction, you may need to visit the property several times. You will also need to conduct a final inspection. Inspection during construction. Final inspection. Be completely honest.

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Say What? Home-Buying Lingo You Should Know

Zillow

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.