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Common Real Estate Appraisal Myths

East Coast Appraisal

The process also provides sellers with an independent valuation of their property that the seller can use as leverage during negotiations. Home Appraisal Is the Same As a Home Inspection. Indeed, a home appraisal and inspection have some similarities. However, some key differences exist between home appraisals and inspections.

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2024 USPAP For Appraisers

Appraisal Today

As this property data collector thing moves along, there continues to be no legitimate reason for Fannie Mae’s motivation to push this so hard other than they want the valuation process fully automated and can pay $25 for an untrained inspector to view a home. Fannie Mae sees the appraisal process as “inspection + value.”