McKissock

MAY 10, 2023

If you’re a licensed trainee entering the appraisal business, finding a supervisor can be a challenge. Many real estate appraisers don’t have the time to mentor a beginner. Sometimes they fear that the newcomer, once fully trained, will become a competitor. Here are expert tips on how to find an appraisal mentor.

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Boston Appraisal

OCTOBER 8, 2022

In recent years, it has become common for lenders to obtain hybrid appraisals. While appraisers provide an essential service through their reports, this work comes at high costs to the buyer or borrower. This cost can be measured in terms of dollars spent on an appraisal or the time required to produce a full appraisal report.

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Appraisal Inspection Appraisal Process Valuation 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.

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Boston Appraisal

OCTOBER 8, 2022

In recent years, it has become common for lenders to obtain hybrid appraisals. While appraisers provide an essential service through their reports, this work comes at high costs to the buyer or borrower. This cost can be measured in terms of dollars spent on an appraisal or the time required to produce a full appraisal report.

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Appraisal Inspection Appraisal Process Valuation 78

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.

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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.

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DataMaster

APRIL 6, 2021

What is an home appraisal? Why Didn’t My Home Appraise Higher? Appraisals can be confusing. A friend (I’ll call him Art) recently had his home appraised. When the appraisal came back, he was shocked to see that his home appraised for less than two homes nearby that had recently sold.

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DataMaster

APRIL 6, 2021

What is an home appraisal? Why Didn’t My Home Appraise Higher? Appraisals can be confusing. A friend (I’ll call him Art) recently had his home appraised. When the appraisal came back, he was shocked to see that his home appraised for less than two homes nearby that had recently sold.

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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.

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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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Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. However, oftentimes, it does not. .

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Birmingham Appraisal

SEPTEMBER 28, 2022

One of these changes is the use of the hybrid appraisal by lenders. What Is A Hybrid Appraisal? A hybrid appraisal is one that is done by involving more participants than just the appraiser. Rather than involve the appraiser in the data collection part of the appraisal process this part is done by someone else.

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Appraisal Hub

JULY 22, 2020

Are you interested in getting appraisal services for your property in Toronto? It’s important to make sure that its value is being determined by the most qualified appraiser. Here are some questions to ask prospective appraisal firms before you hire one: Has your company appraised many properties in my area?

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McKissock

OCTOBER 29, 2021

Are you just starting your real estate appraisal career? Last month we asked our appraisal community, “If you could give ONE piece of advice to a new appraiser, what would it be?” ” Thank you to the large number of appraisers who shared their top tips for new appraisers! Top 12 most common tips.

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East Coast Appraisal

SEPTEMBER 26, 2023

The appraisal process is critical to real estate transactions. Below are tips to help you get the right appraiser. Qualification and Licensing Ensure the real estate appraiser is qualified and licensed. Specialization Residential and commercial property appraisals differ.

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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.

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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.

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AmeriMac

APRIL 15, 2023

At some point, you may need to have a commercial real estate appraisal done as it plays a critical role in many aspects of the commercial real estate industry. In this blog, we will cover what a commercial real estate appraisal is, how it differs from residential appraisals and the different types of commercial real estate appraisals.

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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?

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AmeriMac

JANUARY 17, 2022

However, it isn’t necessarily accurate and shouldn’t be used for appraisals for a number of reasons that are definitely worth a closer look. What Is an Appraisal? At its core, a home appraisal is a process wherein a trained, licensed professional will come to a home and make a determination of its fair market value.

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Clear Capital

MARCH 1, 2023

Written by Sarah Wheeler Fannie Mae updated its Selling Guide on Wednesday to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” The spectrum balances traditional appraisals with appraisal alternatives.”

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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. A trained and vetted third party can perform the data collection.

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AmeriMac

OCTOBER 19, 2022

When you are seeking out a mortgage, you will need a home appraisal so that the lender knows how much should be lent for the home. A big part of the transaction of buying a home is the amount determined by the home appraisal. The buyer usually pays for the appraisal, and it isn’t an expensive part of the process.

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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.

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AmeriMac

OCTOBER 15, 2021

During a traditional home appraisal , a trained, certified professional will enter a house and conduct a thorough examination of both the interior and exterior. Due in part to the still-ongoing COVID-19 pandemic, drive-by appraisals have become increasingly popular. An Overview Of Drive-By Appraisals.

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CA Realty Training

JULY 12, 2021

In exchange for this, the homeowner gets compensated with the property’s fair market value. Once they have identified a specific property, an agent will evaluate it to determine its fair market value. The appraiser must be independent, accredited, and knowledgeable about the property. . But what does it mean?

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Housing Wire

MAY 18, 2022

Also, an independent appraisal during the loan process locks in the property’s market value at the time the reverse mortgage loan is funded. CM : Firstly, reverse mortgages, whether government-insured or proprietary, are non-recourse loans.

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AmeriMac

DECEMBER 1, 2021

One of the most important parts of the home buying process has to do with the appraisal – something that is true for a wide range of different reasons, all of which are worth exploring. But what happens if someone cannot physically enter a home to conduct an appraisal? Desktop Appraisals: An Overview.

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Appraisal Market Value Real Estate Development 36

AmeriMac

DECEMBER 1, 2021

One of the most important parts of the home buying process has to do with the appraisal – something that is true for a wide range of different reasons, all of which are worth exploring. But what happens if someone cannot physically enter a home to conduct an appraisal? Desktop Appraisals: An Overview.

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Appraisal Market Value Real Estate Development 36

AmeriMac

SEPTEMBER 15, 2021

One of the most critical aspects of buying or selling a home ultimately comes down to the appraisal that is performed just before a transaction is finalized. Sometimes people order their own independent appraisals. Yet at the same time, not all appraisals are conducted equally. The Art Of Desktop And Drive-By Appraisals.

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Appraisal Property Taxes Market Value Training 36

AmeriMac

SEPTEMBER 15, 2021

One of the most critical aspects of buying or selling a home ultimately comes down to the appraisal that is performed just before a transaction is finalized. Sometimes people order their own independent appraisals. Yet at the same time, not all appraisals are conducted equally. The Art Of Desktop And Drive-By Appraisals.

Appraisal 36

Appraisal Property Taxes Market Value Training 36

AmeriMac

APRIL 11, 2022

One of the people who is intended to help make sure things go smoothly is the home appraiser. Why Are Home Appraisals Important? Before you can begin the process of becoming a home appraiser, it’s important to understand why this is such an important part of the real estate process in the first place.

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Rowe Appraisal Group

MAY 6, 2020

I recently came across this great graphic by Title Source that goes through the home appraisal process and the appraisal basics. It briefly discusses what an appraisal is, why it is necessary, what appraisals are based on, what homebuyers need to know, appraisal myths and truths, etc.

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Appraisal Appraisal Process Real Estate Training 36

Rowe Appraisal Group

MAY 6, 2020

I recently came across this great graphic by Title Source that goes through the home appraisal process and the appraisal basics. It briefly discusses what an appraisal is, why it is necessary, what appraisals are based on, what homebuyers need to know, appraisal myths and truths, etc.

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Appraisal Appraisal Process Real Estate Training 36

Housing Wire

MAY 20, 2021

Accurately establishing a home’s value is not just an important factor in real estate transactions and mortgage lending, it is integral to household wealth creation, as homeownership continues to be one of the primary pathways for Americans to build wealth. This type of bias impacts the value of all homes in that area.

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Realtor

JANUARY 23, 2018

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral. Francois Gregoire, a St. Petersburg, Fla.,

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Realtor

JANUARY 23, 2018

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral. Francois Gregoire, a St. Petersburg, Fla.,

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