Appraiserblogs

APRIL 19, 2023

This program allows for the collection of data related to real estate appraisals by unlicensed third-party data collectors, which is in direct violation of article 38 of the state’s Real Estate Appraiser Licensing and Certification Act. ARTICLE 38. THE REAL ESTATE APPRAISER.

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Law Inspection Real Estate Training 146

Appraisal Buzz

JULY 26, 2021

The Urban Institute recently released a blog post entitled – Increasing Diversity in the Appraisal Profession Combined with Short-Term Solutions Can Help Address Valuation Bias for Homeowners of Color. This article addresses several issues with the real estate appraisal profession that are worthy of further examination and comment.

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Appraisal Real Estate Inspection Training 370

Appraiserblogs

FEBRUARY 1, 2022

Fannie Mae’s sweeping new national condominium regulations… Appraisers, Fannie Mae has changed inspection and reporting requirements for Condominiums, effective January 1, 2022. The article titled “How can appraisers evaluate aging condos without docs?” In an article released on CNBC….

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Appraisal Valuation Inspection Lending 117

Boston Appraisal

OCTOBER 8, 2022

Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves. For hybrid appraisals, the property inspection is completed by a third party, and that information is relayed to the appraiser.

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Appraisal Inspection Appraisal Process Valuation 135

Appraisal Buzz

MAY 31, 2022

As we all know, the home valuation is an integral part of the lending process that helps Americans in their journey to homeownership. This series of articles explores the role of appraisal review processes in the risk system in the format of mortgage lending for 1-4 family real estate. Quality Control and Quality Assurance .

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Real Estate Lending Valuation Appraisal 221

Boston Appraisal

MAY 17, 2023

The person who appraises the property, the appraiser, physically inspects the property to measure it, take pictures of it, and make note of the condition and the quality of the construction. Oftentimes, appraisers face situations where a physical inspection alone may not provide all the relevant data required.

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Inspection Construction Appraisal Valuation 148

Dart Appraisal

OCTOBER 26, 2020

Prompt Action Safeguards Loan Closings By Michael Dresden , President, Dart Appraisal This article originally appeared in Scotsman Guide, October 2020 The novel coronavirus pandemic already has had a profound impact on the U.S. Article: Ensuring Independence. economy and society. LATEST NEWS. Dart Board Newsletter – May 2017.

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Inspection Appraisal Renovations Lending 28

Boston Appraisal

OCTOBER 8, 2022

Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves. For hybrid appraisals, the property inspection is completed by a third party, and that information is relayed to the appraiser.

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Appraisal Inspection Appraisal Process Valuation 78

Cleveland Appraisal Blog

MAY 12, 2022

And I remember the first time I started using a digital camera instead of a 35mm camera to take pictures during my inspections. They ended up converting the assignment to a traditional type of appraisal so that I could just make the inspection myself. Ironically, when making the inspection myself, no interior walls need to be provided.

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Inspection Appraisal Tools Advertising 341

Boston Appraisal

OCTOBER 8, 2022

Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves. For hybrid appraisals, the property inspection is completed by a third party, and that information is relayed to the appraiser.

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Appraisal Inspection Appraisal Process Valuation 78

Cleveland Appraisal Blog

JUNE 9, 2023

To get caught up, I have some returning guest bloggers who wrote some articles that I think you might enjoy. In this article, she shares some pest control tips and tricks. Inspect your property regularly for openings, and seal them with caulk or weatherstripping as needed. I hope you’re having a great summer!

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Inspection Business Appraisal Investing 195

Housing Wire

SEPTEMBER 9, 2021

For example, from a scheduling standpoint, 58% of survey respondents stated they would be very likely/likely to self-schedule their appraisal, inspection and/or closing appointment online if the option was available to them. For example, can you include a form fill, chat bots, an FAQs section, how-to videos or thought leadership articles?

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Mortgage Technology Inspection Appraisal 404

McKissock

MARCH 6, 2023

Most important and relevant to appraisers was the first topic, titled “Valuation modernization,” which is an update to the Selling Guide that allows more options for valuation, including alternatives to traditional appraisals. For example, it is widely expected that the U.S. Foreclosure numbers are trending upward.

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Modernization Valuation Appraisal Lending 72

McKissock

MARCH 6, 2023

Most important and relevant to appraisers was the first topic, titled “Valuation modernization,” which is an update to the Selling Guide that allows more options for valuation, including alternatives to traditional appraisals. For example, it is widely expected that the U.S. Foreclosure numbers are trending upward.

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Modernization Valuation Appraisal Lending 67

Appraisal Today

MARCH 15, 2024

Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. It is not hard to learn the valuation factors. I had niece who had several horses for many years where she lived. I hate this time change.

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Appraisal Inspection Modernization Business 68

Genworth MI Blog

JULY 13, 2023

There is an on-site visual inspection of the property and a suggestion of improvements followed by the research, analysis and development that produces the appraisal report. Thus, the parties conducting each part of the appraisal, inspection vs. research, are completed by two different people instead of one.

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Appraisal Inspection HOA Real Estate 78

Housing Wire

JULY 1, 2021

“That being said, we look at certain items on our inspections that play into the final valuation depending on the home.”. Appraisers may also adjust valuations based on open concept versus older-style multi-roomed living spaces. For example, hardwood floors would likely be appraised as higher value than vinyl.

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Renovations Appraisal Valuation Investing 421

McKissock

NOVEMBER 13, 2020

REO properties represent business opportunities for appraisers, as property valuations may be needed for pre-foreclosure, loan workouts, short sales, asset evaluation, and more. However, inspecting these types of properties can be dangerous. It is a good idea to take another person along when inspecting REO properties.

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Appraisal Inspection Valuation Tools 88

Cleveland Appraisal Blog

JANUARY 21, 2021

Perhaps the title of this article makes you think of the comic series from the 1942-1949 named the “ Crack Detective “ Well, probably not. I have shared it at the end of this article. So, we will call for an qualified professional to inspect the situation to see what, if anything, needs to be done. STRUCTURAL.

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Appraisal Inspection Real Estate Market Value 233

Housing Wire

AUGUST 3, 2023

In this article, I will explain the history of AI, the projected financial impact on real estate and the cutting-edge tools available today for savvy agents. Which real estate functions can AI outperform humans I asked GPT-4 about real estate valuation. The good news is that the early adopters will thrive.

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Real Estate Agent Real Estate Agents Tools 370

McKissock

MARCH 8, 2022

In various articles and opinion pieces, some claim that desktop appraisals will solve the appraiser shortage and modernize the appraisal process, while others claim that they will cause the demise of the appraisal profession. Does USPAP require me to complete an inspection? Won’t these types of valuations be risky for the lender?

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Appraisal Inspection Real Estate Agent Technology 88

D Fritz Appraisals

JUNE 28, 2022

In their March 2022 article, Bubble burst risk: Canadian home prices predicted to fall by 24% , Urbanized.com states that the accumulated gains from 2020-2022 are not sustainable. In their article ‘ Will housing prices ever drop! Opinions differ on what difference this will make to house prices though. agrees with this prediction.

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Real Estate Marketing Inventory Housing Market 106

McKissock

JULY 11, 2022

Harrison, in the Fall 2006 issue of his Real Estate Valuation Magazine Online, included an article titled “Let’s Resuscitate the Cost Approach.” In contrast, I can seldom come up with a credible reason for not doing the cost approach, unless there was no onsite inspection of the property.

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Real Estate Appraisal Valuation Inspection 72

McKissock

JANUARY 22, 2021

A major selling point for completing hybrid or bifurcated appraisals is that the appraiser will save a good deal of time by not inspecting the property, not taking photos of comparable sales, and not sitting in traffic. The remaining 3.5 hours is spent on completing the research, analysis, and reporting. Written by Jo Traut.

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Appraisal Inspection Development Valuation 63

Birmingham Appraisal

SEPTEMBER 15, 2022

You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection. As a new homeowner, you might be confused about the differences between an appraisal and a home inspection. Home inspections are normally regulated by the state.

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Appraisal Inspection Appraisal Process Real Estate Agent 90

McKissock

DECEMBER 1, 2020

There are many articles, blogs, and opinion papers that either support or reject bifurcated and hybrid appraisals, which contributes to a great deal of confusion. The term “desktop appraisal” is commonly understood to indicate an appraisal that is performed without the appraiser making any personal inspection of the subject property.

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Appraisal Inspection Appraisal Process Real Estate 58

DataMaster

APRIL 6, 2021

In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. Share this article with them and chat about the appraisal process. An appraisal is an unbiased valuation of the fair market value of a home. Home values were skyrocketing and rising weekly. What Is An Appraisal?

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Appraisal Appraisal Process Buyers Legal 158

McKissock

JUNE 24, 2022

Virtual inspection technology is already making a splash in the industry, and more apps and software will be available to help you be more efficient and accurate. You can train them and then send them out to conduct property inspections and take on the type of work that someone with your experience and credentials shouldn’t be doing.

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Appraisal Valuation Inspection Technology 60

McKissock

JANUARY 6, 2023

There are appraisal jobs available in the lending sector, such as staff appraisers, review appraisers, fee panel managers, and with experience and time on the job, chief appraiser and valuation compliance officer jobs can be found. They all handle land and building acquisitions and dispositions, as well as condemnation valuations.

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Appraisal Training Lending Land Management 74

Realtor

OCTOBER 21, 2016

Every VA purchase loan requires an appraisal, which includes the valuation of the property along with a high-level check of the home’s condition. It’s a broad-based approach not to be confused with a home inspection , which is a more detailed look at the property. Septic system in good condition. Free of mold.

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Buyers Inspection Loan Officers Real Estate 78

Appraisal Today

NOVEMBER 4, 2022

Our office updates AMCs on every scheduling attempt with details, every inspection appointment set and completion, and any materials needed ASAP in the assignment. Appraisers tend to get annoyed with constant emails from the AMC about inspection date, completion, report submission, etc. Property inspection date. Effective date.

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Reconsideration of Value Appraisal Inspection Advertising 52

The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

DataMaster

APRIL 6, 2021

In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. Share this article with them and chat about the appraisal process. An appraisal is an unbiased valuation of the fair market value of a home. Home values were skyrocketing and rising weekly. What Is An Appraisal?

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

DataMaster

APRIL 6, 2021

In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. Share this article with them and chat about the appraisal process. An appraisal is an unbiased valuation of the fair market value of a home. Home values were skyrocketing and rising weekly. What Is An Appraisal?

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Appraisal Appraisal Process Buyers Legal 78

McKissock

MAY 17, 2022

Moreover, luxury real estate appraisers need to be able to demonstrate knowledge of high-end finishes and materials, keep up with trends in the luxury market as well as a slew of other variables that go into a luxury home valuation, making luxury home appraisers highly coveted. Luxury home appraisers get to do exciting, challenging work.

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Appraisal Real Estate Luxury Properties Inspection 74

Realtor

OCTOBER 21, 2016

Every VA purchase loan requires an appraisal, which includes the valuation of the property along with a high-level check of the home’s condition. It’s a broad-based approach not to be confused with a home inspection , which is a more detailed look at the property. Septic system in good condition. Free of mold.

Buyers 60

Buyers Inspection Loan Officers Real Estate 60

Appraisal Today

JANUARY 13, 2023

He requested that I inspect the property 1/5/2023 as the inspector would be there at the same time. This article has lots of tips on what to speak about, how to get speaking engagements, and Toastmasters – the best way to learn how to speak, especially if you are nervous about it! Control your fees. Key Takeaways.

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Appraisal Real Estate Valuation Law 52