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VA now accepting desktop and exterior-only appraisals

Housing Wire

The Department of Veterans’ Affairs announced last week that it would allow desktop and exterior-only appraisals for some transactions. In a department memo, the VA explained that the move was a response to “high demand for appraisal services and limited availability of appraisers in certain local market areas.”.

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Like it or not, desktop appraisals are here to stay

Housing Wire

Desktop appraisals arrived in March of 2020, allowing the housing market to keep humming while many stayed indoors to prevent the spread of COVID-19. Allowing appraisals without a walk-through was one of several flexibilities the Federal Housing Finance Agency allowed in light of the pandemic.

Appraisal 369
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All You Need to Know About Reverse Mortgages Appraisal

AmeriMac

Are you considering a reverse mortgage but unsure of what role appraisal plays? In this post, we will cover everything you need to know about reverse mortgage appraisal. We will start by discussing the basics of reverse mortgages and who can benefit from them. Who Can Benefit from a Reverse Mortgage?

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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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Types of Appraisals that are in High Demand Due to COVID-19

Appraisal Hub

As a result, appraisal firms found an uptick in the demand for residential appraisals due to the pandemic. There is also a higher demand for desktop appraisal services as well as commercial property appraisers in Toronto. Home and Mortgage Appraisals. Desktop Appraisals. Commercial Appraisals.

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Relocation Appraisal: A Brief Overview

AmeriMac

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. This blog post will explore the importance of relocation appraisal and its purpose and approach. So, let’s dive in!

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What About Those Fixer-Uppers? Insights from a Seasoned Appraiser

McKissock

The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. I put on both my appraiser and remodeler hats, performed a detailed walk-thru, and priced out the cost to hire everything done, and the estimate is right at $90,000. ” Case in point. Who might buy it?