Housing Wire

FEBRUARY 9, 2021

When you go to buy a home , your mortgage lender will almost always order a home appraisal. Four renovations to consider before selling your house. Scenario 1: Your home appraises at your full offer price. Many times, the home appraisal goes off without a hitch. Scenario 2: Your home appraisal comes in low.

Appraisal 458

Appraisal Real Estate Agent Sellers Real Estate 458

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. Mortgage lending work is only one type of business where appraisals are needed. Mortgage lending work is only one type of business where appraisals are needed.

Business 393

Business Appraisal Real Estate Agent Clients 393

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. Real estate agents are typically the individuals who provide information in the MLS. For instance, say I am appraising a home with one thousand square feet of above grade living area.

Agents 374

Agents Appraisal Renovations Development 374

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.

Real Estate Agent 84

Real Estate Agent Law Real Estate Bracketing 84

Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Appraisal Buzz

APRIL 30, 2024

Loan originators with knowledge and access to specialized products can offer tailored loan options for buyers needing bridge financing, lacking down payment funds, or seeking renovation solutions. Having a strong product base can help buyers access more homes and can establish an MLO as a trusted advisor in more complex home buying processes.

Marketing 195

Marketing Real Estate Agent Renovations Buyers 195

Housing Wire

APRIL 20, 2021

After months of slogging through a string of disappointments, Patrick turned to a renovation loan and started looking at fixer-uppers. Snover said that few real estate agents suggest that buyers purchase a home with a renovation loan, sometimes because they are unfamiliar with the process — which has its complexities.

Renovations 441

Renovations Real Estate Agent Construction Buyers 441

Appraisal Buzz

OCTOBER 25, 2021

HomeBinder reports that it has added new features and user interface (UI) improvements to its centralized home management platform that keeps homeowners connected with mortgage lenders, home inspectors, insurance providers, home pros, real estate agents, and other authorized professionals.

Real Estate Agent 195

Real Estate Agent Renovations Valuation Insurance 195

Housing Wire

MAY 20, 2022

A professional appraiser or real estate agent can help you figure out how much to list your home for. If your home is more of an investment home, investors often want a home already outfitted with tenants or an underpriced home, so there’s room in the pricing to cover the cost of renovations.

Real Estate Agent 401

Real Estate Agent Tenants Real Estate Agents 401

Housing Wire

JUNE 10, 2021

Home improvements and renovations are also important to buyers. Real Estate Commission. Working with a real estate agent isn’t free, but it takes the work off your plate as a seller. Working with a real estate agent isn’t free, but it takes the work off your plate as a seller.

Sellers 546

Sellers Real Estate Agent Real Estate Decorating 546

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. For appraisals required to be Uniform Appraisal Dataset (UAD) compliant, you must indicate the type of sale for the transaction.

Appraisal 75

Appraisal Real Estate Real Estate Agent Contracts 75

Housing Wire

DECEMBER 21, 2023

My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan. This product allows a homebuyer to purchase a fixer-upper and finance the purchase and renovation in one loan based on the expected appraised value of the home after improvements. Who is eligible?

Mortgage 441

Mortgage Renovations Appraisal Process Finance 441

Birmingham Appraisal

AUGUST 23, 2023

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.

Agents 82

Agents Appraisal Valuation Appraisal Process 82

Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view. I hope you find her article to be helpful!

Renovations 221

Renovations Buyers Appraisal Investing 221

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 appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market.

Appraisal 106

Appraisal Inspection Property Taxes Easement 106

Empire Appraisal Group

JULY 27, 2023

In a time of rising housing costs, a fixer-upper offers more house for the money – but the iffy cost for renovations scares buyers already hurt by high interest rates. NEW YORK – Real estate agents say today’s buyers appear to have little desire to take on the additional costs and headaches of major renovation projects.

Buyers 78

Buyers Renovations Real Estate Agent Agents 78

Housing Wire

FEBRUARY 16, 2022

The following are some helpful suggestions for vetting a private money lender: Request a list of references for other real estate investors who have recently completed transactions with the lender. Escrow officers and title agents. Property managers and real estate agents who are interested in working with investors.

Real Estate 384

Real Estate Investing Investors Renovations 384

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

Housing Wire

JANUARY 26, 2021

People often confuse the home appraisal with the home inspection. Appraisals are estimates of a home’s value — and they’re typically required before you can close on your mortgage loan. Were those recent renovations done up to local code? But before you opt-out, talk to a local real estate agent first.

Inspection 384

Inspection Real Estate Agent Real Estate Investing 384

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

Birmingham Appraisal

OCTOBER 29, 2023

Avoid These Property Pitfalls To Ensure Your Home Appraises For Top Dollar It’s that time of year when we don our spookiest costumes and tell spine-tingling tales of haunted houses and things that go bump in the night. Eek, Your House is Haunted (By Pests): In the real estate world, pests are the ultimate trick-or-treaters.

Appraisal 76

Appraisal Real Estate Decorating Buyers 76

Cleveland Appraisal Blog

APRIL 21, 2022

Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Market value, therefore, considers the entire pool of potential buyers of homes that are similar to, and that compete with the property being appraised. CRAZY NEIGHBORS. Probably not.

Market Value 350

Market Value Appraisal Agents Real Estate Agent 350

D Fritz Appraisals

MARCH 16, 2021

Be Prepared for an Appraisal for a Positive Impact on Your Home’s Valuation. Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. How Do I Get Ready for the Appraisal on My House?

Appraisal 127

Appraisal HOA Easement Valuation 127

Appraisal Today

JANUARY 19, 2024

The Sopranos – Lupertazzi’s Rough Up Appraiser To watch, click the video above. Members of the Lupertazzi Crime Family rough up an appraiser who is involved with Tony’s HUD scam. I will never forget “I’m only the appraiser!” Therefore, the appraisal industry must begin to push back.

Appraisal 72

Appraisal Contracts Real Estate Architecture 72

Town & Country Residential Appraisals

SEPTEMBER 26, 2022

Most people know that appraisals need to be completed for lending purposes. But did you know there are a number of other reasons you should be contracting an appraiser to perform a professional valuation on your property? When you are a cash buyer you definitely want to get an appraisal.

Appraisal 50

Appraisal Renovations Real Estate Valuation 50

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

Housing Wire

FEBRUARY 28, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. I had one home recently that needed major cosmetic renovations and it ended up get-ting multiple offers, so it is still super competitive here,” she said. Annapolis, Maryland.

Housing Market 384

Housing Market Marketing Buyers Agents 384

D Fritz Appraisals

MAY 13, 2024

Either way, the goal remains the same: to make the home appear as attractive and welcoming as possible, thereby making it stand out in the competitive real estate market of British Columbia. Your appraiser can accurately assess your property’s worth, considering your area’s latest market trends and comparable sales.

Real Estate 78

Real Estate Buyers Sellers Appraisal 78

AmeriMac

APRIL 15, 2024

When it comes to buying, selling, or refinancing a home, one important step in the process is getting a home appraisal. A home appraisal is a professional estimate of a home’s value and plays a crucial role in determining the market value of the property. So let’s dive in and explore the world of home appraisals.

Appraisal 36

Appraisal Appraisal Process Real Estate Renovations 36

Housing Wire

APRIL 14, 2023

Minorities in real estate We need more people of color in the real estate industry who can shape where we live, work, socialize, shop and worship. Currently, 75% of real estate agents and 97% of property appraisers in the U.S. White professionals also dominate the commercial real estate sector.

Real Estate 358

Real Estate Law Development Business 358

D Fritz Appraisals

SEPTEMBER 19, 2019

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

Home Value 78

Home Value Appraisal Real Estate Agent Tools 78

Cleveland Appraisal Blog

DECEMBER 31, 2021

Even if you have no plans to do serious home renovations, there should be a few essential projects on your to-do list. The Cleveland Appraisal Blog provides a few ideas below. While most people choose to sell their home through a real estate agent, others feel more comfortable managing this type of situation themselves.

Real Estate 195

Real Estate Appraisal Real Estate Agent Buyers 195

Eppraisal

OCTOBER 23, 2023

The other party has no obligation to respond to you, but your real estate agent can reach out to learn their motivation for declining your proposal. Your real estate agents can go back and forth multiple times until all parties agree to everything or reach an impasse. The seller can pick a different one.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Appraisal Today

DECEMBER 2, 2022

NAR Urges Appraisal Foundation To Establish Equivalency Credit for Education and Experience. Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process.

Appraisal 80

Appraisal Agents Real Estate Real Estate Agent 80

Empire Appraisal Group

JUNE 29, 2022

Sellers whose homes are lingering on the market may need to have a heart-to-heart talk with their real estate agent about the next steps to renew interest. A real estate agent could suggest home staging, decluttering, or even minor renovation to help boost interest. Are repairs needed?

Real Estate Agent 78

Real Estate Agent Marketing Sellers Real Estate 78

D Fritz Appraisals

MARCH 4, 2024

Fritz Appraisals Inc. From here, move on to repairs, like replacing rotting deck boards and loose railings, fixing anything that could raise red flags with real estate agents & prospective buyers. Let your budget, timeline and imagination guide your backyard renovation. Fritz Appraisals Inc. Contact D.

Home Value 100

Home Value Design Valuation Appraisal 100

Birmingham Appraisal

JUNE 9, 2022

What is a Probate Appraisal? You may have heard the term before but may still be asking yourself “what is probate and what is a probate appraisal?” If this does not happen then the wishes of the person leaving the will and the legal requirements for the estate may not be met. When Should An Appraiser Be Hired?

Appraisal 52

Appraisal Legal Real Estate Design 52