Housing Wire

AUGUST 2, 2022

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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Housing Wire

FEBRUARY 8, 2022

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.

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Cleveland Appraisal Blog

JUNE 18, 2022

This week I have a bonus article for my appraisal colleagues who are interested in becoming expert appraisal witnesses in eminent domain cases. Appraising property in an eminent domain case requires unique expertise and skills. Appraising property in an eminent domain case requires unique expertise and skills.

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Housing Wire

JUNE 1, 2021

HUD plans to launch a “first-of-its-kind interagency effort” to combat inequity in appraisals , according to a White House press release. How hybrid title and valuations help increase lending efficiency. Why use several vendors for title searches, appraisals and underwriting when you can use one?

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Appraisal Buzz

OCTOBER 25, 2021

Notably, HomeBinder had introduced a proprietary home valuation tool that aggregates multiple data points — including renovations, appliance upgrades and the completion status of maintenance tasks — to estimate the home’s current value and appreciation. The post HomeBinder Adds New Features appeared first on Appraisal Buzz.

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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.

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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?

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Appraisal Hub

SEPTEMBER 25, 2023

The answer lies in a comprehensive commercial real estate appraisal. Embarking on the Journey of Commercial Real Estate Appraisal Imagine stepping into a space that resonates with possibilities. The Crossroads: Why Opt for an Appraisal? Appraisal Hub Inc.

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Cleveland Appraisal Blog

FEBRUARY 11, 2022

Just like going cheap when buying running shoes can be costly, the same is true when it comes to hiring an appraiser. If you’re in need of an appraisal, I highly recommend not going with the cheapest appraiser. At first glance, two appraisals may both look impressive to someone who doesn’t know anything about appraisals.

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Boston Appraisal

DECEMBER 11, 2023

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers.

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Housing Wire

MAY 11, 2021

For example, a newly renovated home that has a gourmet kitchen and an updated bathroom may be valued more highly than a similar home that possesses only above-average amenities and is in average condition. . This is why most automated valuation models (AVM) default to assessing “average” quality and condition.

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Appraisal Hub

MAY 5, 2024

As a seasoned appraiser in the vibrant real estate market of Toronto, I’ve had the privilege of witnessing the ever-evolving landscape of property valuation. Over the years, I’ve come to appreciate the symbiotic relationship between appraisers and real estate agents.

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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.

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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.

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Appraisal Hub

JANUARY 24, 2022

If you’re getting a property appraisal in Toronto, you may be wondering about the process. How is it that a costly renovation ended up adding very little value to your home? Why did a neighbouring house get a higher appraisal? They usually work in established and respected real estate appraisal firms. How is it done?

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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.

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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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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?

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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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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.

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Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions.

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Simonson Real Estate

SEPTEMBER 16, 2021

So, you are getting ready to request an appraisal on a potential commercial property deal but have a few questions before you decide on what appraisal company to use. We’ve compiled the top six most frequently asked questions about our industry and appraisal reports so that you can navigate the appraisal world with ease.

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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. So, why offer a valuation service that provides values that should not be relied upon? I have used some of this information in my appraisal work. An appraiser provides their opinion, based upon what they see.

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Birmingham Appraisal

MAY 21, 2024

Property Size and Usable Space The square footage of a property and how that space is used can greatly affect its appraisal value. More than just the total area, functional layout and efficient use of space play substantial roles in valuation. Always consider the ‘cost to cure’ major defects when evaluating a property’s worth.

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East Coast Appraisal

AUGUST 11, 2022

If you wish to buy or sell a home, you have most probably come across the term real estate appraisal — the process of estimating the value of a property. ?. But in addition, you may have heard some misconceptions about appraisals. Find out the top real estate appraisal myths. Home Appraisal Is Only Beneficial to the Buyer.

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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.

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Housing Wire

FEBRUARY 16, 2022

In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. The problem with private money lenders is that good ones are hard to come by. Escrow officers and title agents.

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Valuation Review

MAY 28, 2021

The Appraisal Institute (AI) is encouraging homeowners to focus on cost-efficient improvement projects when seeking to improve their property’s value during the ongoing coronavirus pandemic, according to a release on the AI website. Read on to learn more.

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East Coast Appraisal

FEBRUARY 28, 2022

Then, property appraisals are an opportunity for an appraiser to check your home's quality, condition, amenities, location, and other special features that affect its value. Read on to learn some of the key areas appraisers investigate in a home appraisal. Any quality improvements increase the appraised value.

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Appraisal Hub

JANUARY 19, 2021

There are many reasons to have a home appraised in Toronto. Whatever the case, a home appraisal can either be beneficial or disadvantageous depending on how you go about it. How Does a Home Appraisal Service Work? Is there any way to increase the value of your home during an appraisal? Review previous appraisals.

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East Coast Appraisal

AUGUST 22, 2023

If you plan to sell, buy, or refinance a commercial property, you will need to get an appraisal done by a qualified appraiser. An appraisal is an unbiased opinion of the value of a property based on its physical characteristics, location, market conditions, and income potential.

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East Coast Appraisal

SEPTEMBER 12, 2022

If your home loan still has PMI attached, you might wonder when it's time to schedule an appraisal to remove it. . To remove it earlier, you'll need to have the house appraised and submit a formal request. An appraisal might find that the house is now worth $250,000. When You Finish Renovations. 80 percent. contact us.

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AmeriMac

JANUARY 15, 2024

One crucial step in the real estate process is getting a home appraisal. But how do you find the best local home appraiser? We will guide you through the process of finding the most qualified appraiser in your area. So, let’s dive in and discover how to find the best local home appraiser.

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AmeriMac

APRIL 30, 2023

Getting your house appraised may seem like a daunting task. A home appraisal determines the value of your property, and it is an essential step in the selling process. A well-conducted appraisal can get you the best price for your property, while a poorly done appraisal can leave you stuck with an undervalued home.

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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. This ensures that every valuation stands the test of time, free from potential manipulation.

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D Fritz Appraisals

MARCH 4, 2024

Fritz Appraisals Inc. Let your budget, timeline and imagination guide your backyard renovation. Fritz Appraisals Valuations Will Optimize Your Landscaping Dollar A home valuation with D. Fritz Appraisals will help you determine which landscaping designs will increase your home’s value the most. Contact D.

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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.

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