article thumbnail

Types of Appraisals that are in High Demand Due to COVID-19

Appraisal Hub

This type of appraisal is done without an appraiser personally inspecting the property. It’s appealing to some customers because it’s cheap and fast, but it may not yield the best results. It’s appealing to some customers because it’s cheap and fast, but it may not yield the best results. Desktop Appraisals.

article thumbnail

Common Real Estate Appraisal Myths

East Coast Appraisal

Home Appraisal Is the Same As a Home Inspection. Indeed, a home appraisal and inspection have some similarities. Additionally, both techniques help the lender understand the value of the property. However, some key differences exist between home appraisals and inspections. Contact us at East Coast Appraisal Service.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

9 Things Clients Expect from Their Real Estate Agent

McKissock

You should be there to help take away any mystery in your client’s search for a new home and provide reassurance that they’re getting the best value. Manage the Inspection. Help Get a Client Pre-Approved for Lending. Be prepared to step in and help them close the deal!

article thumbnail

Preparing Your Home For an Appraisal

Eppraisal

To ensure your home receives it's best value, it's important to prepare for your home's appraisal. also helpful are the floor plan, inspection reports, neighborhood details, a detailed list with dates of any upgrades and updates you've made to the home, and a list of the home's energy-efficient green features.

article thumbnail

2024 USPAP For Appraisers

Appraisal Today

Fannie Mae sees the appraisal process as “inspection + value.” Yet, the idea of sitting at the desk and relying on some stranger to gather the nuances of the property to generate a value is wildly flawed. I was taught that “one sale does not make a value.” know why a comp was not used.