McKissock

JULY 20, 2021

No matter how you may have answered this question in your mind, let’s explore some of the issues around appraisal inspection vs. home inspection. Brush up on the basics with our highly-rated course, Residential Property Inspection for Appraisers —perfect for new and experienced appraisers. Are you a home inspector?

Inspection 105

Inspection Appraisal Construction Clients 105

Appraisal Today

JANUARY 20, 2023

Dazzle your friends with your knowledge of external obsolescence. NOTE: Please scroll down to read the other topics in this long blog post on AMC fees, Real estate forecast, Google Business Profile, unusual homes, mortgage origination stats, etc. Top Ten Reasons Why It Is Great to be an Appraiser! of home sales, down from 38.1%

Appraisal 52

Appraisal Contracts Sellers Business 52

Appraisal Today

OCTOBER 7, 2022

They bid out each appraisal to maximize their profit, usually harming turn times and passing on costs to the appraiser and to the borrower.”. How much appraisers travel was interesting. Close to one-third conduct an appraisal outside their area of expertise on a weekly basis. To read the report, click here. Appraisal Business Tips .

Appraisal 52

Appraisal Contracts Architecture Housing Market 52

Zillow

JUNE 15, 2018

Home equity is the percentage of your home's value that you own, and it's key to building wealth through homeownership. Let's take a closer look at how to build home equity without blowing your budget - and how to access it when you need it. How much equity do you have? How to build your equity.

Home Value 62

Home Value Buyers Mortgage Home Improvement 62

Appraisal Today

DECEMBER 22, 2023

How to Account for a Superadequacy By: McKissock Excerpts: What is superadequacy? Have you ever driven closer and closer to your subject and noticed that the homes are much smaller or have standard designs? You keep getting closer, hoping it is not your subject. Per The Dictionary of Real Estate Appraisal, 6th Ed.,

Appraisal 79

Appraisal Business Contracts Real Estate 79

Appraisal Today

JANUARY 26, 2024

Lender A decided not to grant the loan and the borrower then engaged Lender B to obtain financing. Today, I want to show some headlines from over forty years ago, and I’d love to hear your take. Today, I want to show some headlines from over forty years ago, and I’d love to hear your take. baths, 16,225 sq.ft.,

Contracts 88

Contracts Appraisal Mortgage Inspection 88

The Robert Weiler Company

MARCH 15, 2021

With spring around the corner and signs of improvement for the pandemic, a feeling of rebirth is in the air across Ohio. But for up-and-coming neighborhoods with a special purpose property or unique properties for sale, the soon-to-be bloom time might as well be called boom time. High Street from the convention center to 5th Avenue).

Appraisal 158

Appraisal Property Appraisal Real Estate Buyers 158

Appraisal Today

NOVEMBER 10, 2023

Use pre-screening practices – while you can implement your own pre-screening process, some appraisal companies can implement them too. To read more, click here My comments: Read this article! Stick to the facts. Here are a few more best practices that can help appraisers achieve more objective appraisals. He knows what you want.

Appraisal 65

Appraisal Contracts Design Mortgage 65

Appraisal Today

APRIL 1, 2023

I had completed a complex appraisal assignment and was expecting multiple revision requests, but instead, got a note saying how thorough my appraisal report was and thanking me for the work. Again, I was expecting multiple questions about the report since it was complex and atypical for the area. Boy I wish I had that one in writing!

Clients 52

Clients Appraisal Contracts Business 52

Appraisal Today

APRIL 2, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Fannie Update: UAD and New “Forms”, concessions, non-lender appraisals, unusual homes, mortgage origination stats, etc. That’s the real reason why—because USPAP says so. To read many practical tips, click here My comments: Worth reading.

Contracts 52

Contracts Appraisal HOA Architecture 52

Appraisal Today

SEPTEMBER 1, 2023

Thank you to the many respondents who shared stories about the most unique and complex properties they’ve come across lately! If your business is slow, now is a good time to do the “tough ones.” McKissock Survey Excerpts: As a professional appraiser, you’ll likely encounter some strange properties from time to time. built in 1905) 0.66

Appraisal 81

Appraisal Contracts Mortgage Real Estate 81

Will Springer Realtor

JANUARY 9, 2024

Instead, many eyes may have been captivated by something else dropping – interest rates. The Federal Reserve recently updated its forecast, hinting at a potential decrease of about 75 basis points (0.75%) in its short-term lending rate by the year’s end – promising news for borrowers in 2024.

Mortgage 36

Mortgage Real Estate Law Lending 36

Will Springer Realtor

APRIL 10, 2024

While the NAR denies any wrongdoing, the proposed settlement promises significant changes in how business is conducted in the real estate market. While the NAR denies any wrongdoing, the proposed settlement promises significant changes in how business is conducted in the real estate market.

Real Estate 36

Real Estate Buyers Sellers Insurance 36

McKissock

JULY 21, 2021

Getting preapproved for a home mortgage is another matter: That means that a lender has told the borrower, “We will lend you $X with the following terms.” Just the first minute or so of dialogue with a prospective client will usually give you a clear idea of how motivated they are and whether they’re worth your time.

Real Estate 52

Real Estate Clients Finance Buyers 52

Appraisal Today

MAY 27, 2022

It requires more work, so you want to be sure that you are charging for your effort. Stick to these best practices to ensure you cover all your bases. Talk to multiple local builders You can gain valuable information from builders—as long as you talk to them now to evaluate current costs and value.

Construction 52

Construction Appraisal Modernization Contracts 52