Boston Appraisal

NOVEMBER 9, 2023

The effect that home improvements have on an appraisal can vary depending on the type of improvement, the quality of the work, and the local real estate market. What are some common home improvements that can increase appraisal values? What are some common home improvements that can increase appraisal values?

Home Improvement 78

Home Improvement Appraisal Renovations Real Estate 78

Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. For appraisals required to be Uniform Appraisal Dataset (UAD) compliant, you must indicate the type of sale for the transaction.

Appraisal 77

Appraisal Real Estate Real Estate Agent Contracts 77

Appraisal Today

APRIL 5, 2024

Why an Organized Workfile is Your Best Defense By Craig Capilla Excerpts: We all know that the Uniform Standards of Professional Appraisal Practice (USPAP) set the baseline for what must be included in a workfile. Still, all too many appraisers seek only to meet that minimum standard and little more. Newer appraisers are lucky.

Appraisal 77

Appraisal Contracts Business Construction 77

Birmingham Appraisal

AUGUST 30, 2023

A Look at Why Your Home May Not Appraise for The Expected Value When it comes to selling or refinancing your home, one of the crucial steps is the appraisal process. Appraisals determine the market value of your property, which affects your ability to secure a loan or make a profitable sale.

Appraisal 79

Appraisal Appraisal Process Renovations Market Value 79

McKissock

APRIL 27, 2021

In completing bifurcated and hybrid appraisals , you must reasonably believe that information relied upon—from a third-party inspector or another data source—is reliable. You, the appraiser, should have a process for evaluating data reliability by asking the following questions: Who collected the data? Various available data sources.

Appraisal 89

Appraisal Real Estate Agent Renovations Property Management 89

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

Appraisal Today

JULY 7, 2023

Appraiser Countersues Black Plaintiffs Who Alleged Discrimination by Isaac Peck, Publisher WorkingRE There are now a number of lawsuits facing appraisers where the primary allegation is racial discrimination. I assume that since I had been appraising in high crime neighborhoods, I became prejudiced. Tate-Austin v.

Appraisal 77

Appraisal Real Estate Contracts Mortgage 77

Appraisal Today

APRIL 21, 2023

The State Appraisal Board Wants to Throw Me Under the Bus, Right? Again, simply put, the investigator and board look to see if the appraisal meets the requirements of USPAP’s Standard 1, and if the report meets the requirements of USPAP’s Standard 2. This, to a great extent, is a function of the current political climate.

Appraisal 52

Appraisal Contracts Modernization Mortgage 52

Cleveland Appraisal Blog

FEBRUARY 4, 2021

Zillow, one of the most wide-known AVM’s has stated that their values are not to be considered as appraisals. I have used some of this information in my appraisal work. An appraiser provides their opinion, based upon what they see. Here is what Zillow states. I appreciate Zillow’s explaining this.

Advertising 198

Advertising Valuation Appraisal Renovations 198

McKissock

OCTOBER 12, 2021

The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. Because the house is in a registered historic neighborhood, returning it to the character of its age is warranted rather than modernizing, which would add to the project cost. ” Case in point. Who might buy it?

Appraisal 84

Appraisal Market Value Investors Buyers 84

Appraisal Buzz

APRIL 8, 2024

The Dawn of a New Appraisal Era In the ever-evolving realm of technology, few innovations have garnered as much attention and promise as blockchain. One of its most intriguing applications lies in the domain of appraisals. Understanding the Basics: What is Blockchain?

Technology 418

Technology Appraisal Valuation Supply Chain 418

Cleveland Appraisal Blog

MARCH 4, 2021

Like most aspects of an appraisal, things seem easy. Last week, a real estate agent asked me about how appraisers adjust for age. So, while the cabinets may be in good shape, many homeowners will eventually replace the countertops, sink and appliances with a more modern look and improved functionality. Age is a good example.

Appraisal 223

Appraisal Real Estate Real Estate Agent Loan Conditions 223

Appraisal Buzz

SEPTEMBER 5, 2022

This is part three of a three part series on appraisal review – Read parts one and two. When interacting with executive managers, I am often posed with the following question “How do you know when you are looking at a “good” appraisal?” The Recent History of Appraisal Revisions. Complexity in Process and Properties.

Appraisal 281

Appraisal Modernization Appraisal Process Technology 281

D Fritz Appraisals

MARCH 7, 2019

Doing These Eight Things Will Help Increase Your Home’s Appraised Value. Looking for ways to increase the appraised value of your home? While these three factors are out of your control, there are still many things you can do to impress appraisers and list your house for top dollar. It’s often free!

Renovations 78

Renovations Appraisal Real Estate Agent Buyers 78

Listing Spark

MARCH 15, 2022

Here are a few tips on how to avoid hurting your home appraisal: What is a home appraisal? Home appraisals are a method by which an appraiser reviews a home and compares them to homes in a specific neighborhood to determine their fair market price. These two appraisal types differ very little in how they are calculated.

Appraisal 36

Appraisal Renovations Contracts Buyers 36

McKissock

AUGUST 14, 2020

As a real estate appraiser, there are numerous data types and sources available that you could use to solve a specific appraisal problem. In this case, the assessor property records would be considered to be an unreliable source by an appraiser until the assessor’s office has remedied the discovered concerns about the property records.

Modernization 100

Modernization Appraisal Renovations Real Estate 100

Assurance Financial

APRIL 18, 2022

After your purchase, you can renovate the property to make it suit your tastes and fit your needs. Depending on the extent and cost of your home improvement goals, you might need to take out a loan for renovations. A home renovation loan is most likely not going to be the same as your mortgage. Why Remodel Your Home?

Renovations 74

Renovations Construction Home Improvement Mortgage 74

Birmingham Appraisal

JULY 12, 2023

How Agents Can Use The Law of Diminishing Return When Pricing a Listing As a real estate appraiser with over 30 years of experience, I have witnessed firsthand the critical role that accurate pricing plays in the success of real estate transactions. Ask The Appraiser So what’s the big deal if the square footage in MLS is wrong?

Real Estate Agent 84

Real Estate Agent Law Real Estate Bracketing 84

Property Metrics

MAY 28, 2021

In other words, a property could become functionally obsolete when its design, style, amenities, or technology no longer meet the needs and/or expectations of modern tenants. Modern tenants require high speed internet connections, strong cellular reception, advanced security features, and modern audio/video capabilities.

Real Estate 50

Real Estate Tenants Modernization Renovations 50

Eppraisal

FEBRUARY 20, 2024

 Consider consulting professionals like contractors or structural engineers to assess your home's foundation and frame before undertaking significant renovations or additions. Heating and Cooling Inefficient heating methods found in older homes can benefit from modernization, which leads to substantial energy savings.

Architecture 36

Architecture Inspection Renovations Modernization 36

Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. For many years I appraised in the nearby city of Berkeley, CA. Worth reading. A good summary. Many people don’t like them.

Appraisal 81

Appraisal Contracts Training Architecture 81

Listing Spark

DECEMBER 11, 2023

These figures include a ballpark on ROI for rental properties, a clear idea of your expected profit on a flip after renovation and resale, and a detailed list of the expenses you’ll incur to process the property. Many investors stop at calculating buyer closing costs, renovations, and holding costs.

Investing 36

Investing Renovations Sellers Real Estate 36

Listing Spark

AUGUST 17, 2023

The housing unit must meet FHA minimum property standards and pass FHA appraisal; if you want to put serious work into structurally run-down properties to collect a hefty return, you might not be able to use an FHA loan. The buyer cannot pay for the second appraisal, which means the $300–$400 bill falls on the seller.

Investors 36

Investors Investing Buyers Real Estate 36

Houston Properties

JULY 19, 2022

However, newer properties such as modern townhomes and Victorian mansions sit well with Sandalwood’s peaceful atmosphere. Despite its distance from inner Houston, all the amenities and modern comforts of city living are present in Sandalwood. Shell International Exploration & Production.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Cleveland Appraisal Blog

OCTOBER 22, 2021

He originally wrote an article for the Cleveland Appraisal Blog, back in July, entitled “4 Home Repairs You Need to Hand Over to a Professional” I hope you find his new article to be helpful! Here are some ideas to inspire you, brought to you courtesy of the Cleveland Appraisal Blog. System Upgrades. Simple DIY Repairs.

Home Improvement 221

Home Improvement Appraisal Renovations Modernization 221

DW Slater Company

FEBRUARY 24, 2022

FannieMae and Freddie Mac both announced early this year the implementation of the use of Desktop Appraisals beginning in March. Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services.

Tools 149

Tools Inspection Appraisal Technology 149

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. The appraisal process is an essential part of the reverse mortgage application process. Let’s dive deeper into the details.

Mortgage Appraisal 36

Mortgage Appraisal Appraisal Mortgage Appraisal Process 36

Appraisal Today

JULY 29, 2022

More Terrible Real Estate Agent Photos for Appraisers. Appraising Weird Stuff is Challenging! Appraisal Business Tips . Humor for Appraisers. Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! New in the August 2022 Issue of Appraisal Today.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

MARCH 28, 2022

iBuyers use data to create unique but scalable pricing structures for things like appraisals, in which they can appraise homes without having to send out an individual appraiser, like a traditional buyer. One of the key components of iBuying is the use of data. To de-risk transactions, tailored add-ons are important.

Real Estate 379

Real Estate Marketing Insurance Buyers 379

Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. In early February, Fannie Mae and Freddie Mac, the government-sponsored entities (GSEs), incorporated desktop appraisals into their Selling Guides beginning in March 2022. What is a desktop appraisal? Desktop appraisal meaning and definition.

Valuation 69

Valuation Appraisal Inspection Appraisal Process 69

Housing Wire

APRIL 25, 2022

Most conversations surrounding the affordability crisis have focused on headline-grabbing home price increases , bidding wars , racial disparities in home appraisals and a lack of supply. Racial disparities in appraisals are far less clear than property taxes. But the federal government has fixed its might on the former.

Property Taxes 404

Property Taxes Government Appraisal Valuation 404

DW Slater Company

FEBRUARY 24, 2022

FannieMae and Freddie Mac both announced early this year the implementation of the use of Desktop Appraisals beginning in March. Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services.

Tools 78

Tools Inspection Appraisal Technology 78

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. Last year was a tough market, and the only properties that were moving were the ones that were renovated,” she says.

Real Estate Agent 78

Real Estate Agent Architecture Modernization Buyers 78

Birmingham Appraisal

NOVEMBER 14, 2023

Agents and appraisers are not that different in their desire to determine an accurate market value for a property. The contract price and appraisal value will need to line up or the buyer will not be able to get a loan to pay for the property. If you have any questions feel free to contact me, I’d be glad to speak with you.

Market Value 85

Market Value Agents Appraisal Bracketing 85

Appraisal Today

MAY 26, 2023

MPR Repairs: Guidance for FHA Appraisers By: McKissock Excerpts: If you are appraising a property that needs some cosmetic repairs but meets FHA minimum property requirements (MPR) in its current condition, you should make the appraisal “as-is.” Conservation easement appraisals are a definite risk for appraisers.

Easement 52

Easement Contracts Appraisal Inspection 52

McKissock

NOVEMBER 24, 2022

Here at McKissock, our Unlimited Learning Members enjoy 24/7 access to a wide variety of online resources for real estate appraisers. These include top-rated appraisal job aids, checklists, classes, webinars, and more. This infographic showcases the 10 most common ceiling types found in historic and modern homes.

Appraisal 52

Appraisal Renovations Architecture Real Estate 52

The Robert Weiler Company

JULY 6, 2021

With the emergence of factories, production efficiency, and mass manufacturing, industrial space for rent became the backbone that supports today’s modern cities. Amazon is the iconic frontrunner when it comes to the future of modern distribution and smart warehouses. They include showrooms, laboratories, and office space.

Logistics 147

Logistics Tenants Real Estate Modernization 147