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Non-Arms Length Sales for Appraisers

Appraisal Today

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. This post’s information can be very helpful in explaining why. What Does Arm’s Length Mean in Real Estate?

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Appraisal Institute Counters Flawed Appraiser Bias Narrative

Appraisal Today

She explains how pioneering research in psychology revealed that all humans have cognitive biases, but professionals like appraisers are trained to minimize bias through rigorous methodology. As Chance acknowledges, the Institute should have done more to advocate for appraisers and make the public aware of their professionalism.

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4 Mistakes to Avoid During Property Appraisal

East Coast Appraisal

This blog will discuss specific errors that may impact the valuation process and which should be avoided during property appraisal. . For instance, it may be challenging to negotiate a loan with your lender if your property is the security. Misinterpreting the Appraisal Process. Fabricating the Property's Information.

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New Homebuyer’s Guide To Appraisals

Birmingham Appraisal

Buying a home can be a confusing process, however, I hope that you have been able to surround yourself with knowledgable professionals who can help you navigate your first home purchase and make it an enjoyable experience. I would like to do my part by informing and educating you on the appraisal part of the transaction.

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7 Easy Steps to Reduce Appraisal Revision Requests

Clear Capital

In this blog, we will explain the impact of appraisal revisions, methods to prevent common errors, and tips for ultimately reducing the occurrence of appraisal corrections. Delays in responding to revision requests can have a serious impact on all lending parties during the review process. Frustrating, right? Ask questions.

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What are Millennial Homebuyers Looking For?

Raleigh Realty

With the increase in student loan debt, frequent career shifts, and living through the 2008 housing crisis, many may consider millennials financially insecure and opposed to home ownership. It is not uncommon for millennials to move back in with their parents after college to save money and pay off part of their student loan debt.

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Appraiser Has Very Big Problems With Borrower

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, and types of bias, Scams on black homes, unusual homes, mortgage origination stats, etc. The Sopranos – Lupertazzi’s Rough Up Appraiser To watch, click the video above. Opens in You Tube. Excerpts: five bedrooms, 4.5 Built in 1970.