Appraisal Today

JULY 28, 2023

Keeping Appraisers out of Language Purgatory Appraisers: Be Careful with Your Words! by Dave Towne Excerpts: Appraisers, on July 17, 2023, a document from Freddie Mac was circulated to numerous appraisers around the US which identified certain words and other info that can be considered to be ‘BIASED’ in appraisal reports.

Appraisal 80

Appraisal Contracts Mortgage Clients 80

Realtor

DECEMBER 7, 2019

Monopoly: Hasbro Concept: Greg Chow In a white-hot market, you may feel pressure to make some concessions to win over a seller—and, no, we’re not talking about sending a basket of banana-nut muffins. That’s all hunky-dory in a buyer’s market. You want the house, and the seller doesn’t want any hiccups.

HOA 108

HOA Inspection Sellers Appraisal 108

Appraisal Today

JUNE 9, 2023

When making appraisal adjustments, examine the quality of your data and remember that any quality ratings in your county records or MLS are not always reliable. How reliable is that data? If you’re using county data, and you’re looking at quality ratings in there, how reliably do they rate properties? baths, 9,700 sq.ft.

Appraisal 52

Appraisal Advertising Real Estate Contracts 52

Appraisal Today

SEPTEMBER 23, 2022

Excerpts: Commentary from a (Ryan) appraisal: Here is a bit of commentary in one of my recent appraisal reports. At the least we ought to describe the market as showing a downward seasonal shift, though it’s possible we can call this a downward cycle if the trend persists over time. “At Navigating a Changing Market.

Appraisal 52

Appraisal Marketing Business Contracts 52

Appraisal Today

JULY 1, 2022

Excerpts: Appraisers, this article was prompted by my ‘coming in contact with several appraisal reports where different regional appraisers report the physical location of the subject property “in” a particular City associated with the postal ZIP Code for that City. Appraisal Business Tips . Humor for Appraisers.

Appraisal 52

Appraisal Contracts Insurance Real Estate 52

Cleveland Appraisal Blog

MAY 27, 2021

Who needs an appraiser when one has cash? That’s a question a good friend asked me after telling me that a home on the same street from them sold, in hours, for a much higher price than many other generally similar homes are selling for in the neighborhood. However, anyone can hire an appraiser to appraise a home.

Market Value 418

Market Value Appraisal Buyers Marketing 418

Eppraisal

SEPTEMBER 22, 2021

There is a lot of buzz among the general public as to if and when there will be a real estate market crash like the one in 2008. The real estate market is nothing like it was back then. Current State of the Real Estate Market The real estate market is still sizzling hot. The fact is, there won't be.

Real Estate 45

Real Estate Marketing Inventory Home Value 45

Appraisal Today

APRIL 14, 2023

Appraising Fixer Uppers Excerpts: We’re all familiar with the term “fixer-upper.” For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. In my MLS “contractor special” is often used.

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

Realtor

DECEMBER 7, 2019

Monopoly: Hasbro Concept: Greg Chow In a white-hot market, you may feel pressure to make some concessions to win over a seller—and, no, we’re not talking about sending a basket of banana-nut muffins. That’s all hunky-dory in a buyer’s market. You want the house, and the seller doesn’t want any hiccups.

HOA 78

HOA Inspection Sellers Appraisal 78

Appraisal Today

JUNE 10, 2022

How can we fix the excess of appraisers? Too many appraisers? 2) We will make it harder to become an appraiser; 3) Let the lower fees discourage newcomer appraisers. In past issues of the Analogue Blog, we have considered the “five forces of friction” on the advancement of appraisal. Humor for Appraisers.

Appraisal 52

Appraisal Contracts Business Mortgage 52

Appraisal Today

MARCH 31, 2023

Fannie Mae: Appraisals are no longer the default option: Value Acceptance replaces Appraisal Waiver Fannie Mae updated its Selling Guide on March 1 to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.”

Appraisal 52

Appraisal Contracts Inspection Clients 52

Cleveland Appraisal Blog

MARCH 30, 2021

According to the park manager Pete Houghton, who was mentioned in an article, “Where the Ducks Walk on the Fish” , this attraction draws over 300,000 visitors a year. While watching this, I have always wondered how healthy this situation is. TODAY’S HOME BUYERS ARE LIKE THE CARP. It is an amazing site.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

CA Realty Training

SEPTEMBER 6, 2021

Let’s say you have a house listed at $1,000,000 and you have an interested buyer. This means “we will give you $1,000,000 for this house, but ONLY IF certain conditions are met.” . We will discuss the three contingencies that you’ll see, which are appraisal, inspection, and loan. So, let’s first start at appraisal.

Real Estate 56

Real Estate Agents Inspection Real Estate Agent 56

Appraisal Today

FEBRUARY 3, 2023

23, 2023 My comment: This only applies to residential lending appraisals, of course. My non-lender appraisals have changed very little with few, if any new “requirements”. That’s an outlay of significant cash BEFORE actually connecting with an appraiser who will put the PAREA-educated appraiser to work.

Appraisal 40

Appraisal Contracts Business Mortgage 40

Cleveland Appraisal Blog

NOVEMBER 11, 2021

I have written several articles demonstrating the inaccuracy of AVMs like Zillow’s Zestimates. Zestimate…Ten Properties ” and finally, “ iBuyers…The Pawn Shops of Real Estate “ Obviously, this topic is of interest to me, seeing is that value is my profession. They are excellent at marketing.

Market Value 364

Market Value Valuation Appraisal Real Estate 364

Cleveland Appraisal Blog

JANUARY 13, 2022

If you’re an appraiser, like I am, the nature of our work can at times cause us to become skeptical. A homeowner or agent may appear to exaggerate information they share about a home. But, it happens enough that it can create a little skepticism in the minds of an appraiser. Are you a skeptical person? Let’s talk about it.

Appraisal 221

Appraisal Inspection Clients Real Estate 221

PennyMac

APRIL 2, 2020

It’s normal to feel intimidated and even confused by the home buying process. Whether you’re looking to buy your first home or haven’t bought a home in a long time and want a refresher, here are 10 simple steps that will get you through the home purchase process. when you find your dream home.

Real Estate Agent 36

Real Estate Agent Inspection Sellers Real Estate 36

Chicagoland Appraisal Blog

MARCH 21, 2022

In March, I had the pleasure to join Attorney Peter Olson to talk about family law, divorces and home appraisals. We share insights and learning from our careers on family law and home appraisals during divorces. John is an appraiser with ChicagoLand Appraisals. Maybe not as much as the average appraiser?

Appraisal 148

Appraisal Tenants Real Estate Property Taxes 148

Cleveland Appraisal Blog

MAY 13, 2021

How do rainbows work? How do rainbows work? The size of the rainbow’s arc is proportionate to how far from the water droplets we are. If you don’t want to take my word for it, there are some nice articles that discuss this. But how do rainbows relate to real estate transactions? They are so beautiful!

Market Value 298

Market Value Contracts Appraisal Buyers 298

Appraisal Today

JANUARY 26, 2024

New USPAP Q&As January 16, 2024, the Appraisal Standards Board released new Questions and Answers covering important topics in the profession today including: Demographics Does demographic information relating to race (such as Census data) constitute “information relating to” a protected characteristic? baths, 16,225 sq.ft.,

Contracts 85

Contracts Appraisal Mortgage Inspection 85

Appraisal Today

MARCH 1, 2024

What Are the Top Luxury Markets in North America Right Now? Excerpts: Where are the hottest high-end real estate markets? Whether you’re looking to specialize in luxury home appraisals or you’re simply reading up on the latest market trends, you may want to pay attention to areas where luxury homes are in high demand.

Appraisal 76

Appraisal Contracts Business Marketing 76

Appraisal Today

OCTOBER 6, 2023

2024 USPAP Source: Appraisal Foundation The 2024 Uniform Standards of Professional Appraisal Practice is now available for purchase in physical and digital formats. When USPAP started, it was very exciting as appraisers had to decide what needed to be changed or added. This covers all Definitions, Rules, and Standards.

Appraisal 78

Appraisal Contracts Real Estate Mortgage 78

Appraisal Today

SEPTEMBER 1, 2023

Appraising Odd Properties: What’s the Weirdest Property You’ve Appraised Recently? McKissock Survey Excerpts: As a professional appraiser, you’ll likely encounter some strange properties from time to time. It was a house on three lots. Lenders and CU/AVMs, like nice newer tract homes. Lots of weird spaces.” “A

Appraisal 79

Appraisal Contracts Mortgage Real Estate 79

Appraisal Today

SEPTEMBER 17, 2022

Appraisers: What should you have in your car? Mace or pepper spray: To defend yourself, especially if you’re appraising REO and foreclosure properties. I left the homes and contacted the lender. This was originally posted on McKissock’s Appraisal Blog, but that link was not working. Appraisal Business Tips .

Appraisal 52

Appraisal Construction Contracts Insurance 52

Appraisal Today

JULY 15, 2022

Debate on Appraising Short-Term Rentals. Excerpt: What can appraisers learn when it comes to short-term and long-term rentals? What role does an appraiser take when sorting between the two? What can appraisers learn when it comes to short-term and long-term rentals? This is not typical for a single family home.

Appraisal 59

Appraisal Inspection Contracts Business 59