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Appraisals: Using Comps Across a Freeway?

Appraisal Today

Pulling comps from the other side of the freeway By Ryan Lundquist Excerpts: It can be a REALLY bad idea to pull comps from the other side of the freeway, but not always. Today I have some thoughts about location, comp selection, and lenders freaking out when schools are mentioned in appraisal reports. baths, 2,991 square feet, 0.34

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How To Appraise Rural Properties

Appraisal Today

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. This is an excellent diversification opportunity, with little competition from other appraisers or the GSEs use of other ways to get a value without human appraisers. Well written.

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Top Ten Reasons Why It Is Great to be an Appraiser!

Appraisal Today

Top Ten Reasons Why It Is Great to be an Appraiser! Dazzle your friends with your knowledge of external obsolescence. Chance to really irritate annoying real estate salespeople. See that some people really do hang those black velveteen pictures of Elvis on their living room walls. of home sales, down from 38.1%

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

Broker-Associates and Appraisal Licensees accounted for 13% and two percent, respectively, while the remaining two percent reported holding other types of real estate licenses. I was surprised at how negative they were. Read the full report. A buyer gets a seller’s disclosure statement for that information.

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Appraisal Reviews – The Good and The Bad

Appraisal Today

What to Do When Your Appraisal Is Under Review. Excerpt: Topics: Remember that reviewers are on your side. The number one mistake is that the appraiser did not include the lender’s specific report requirements,” Nakashima confirms. You can’t avoid the report being reviewed, but you can avoid revision requests,” he says.

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Value of a Pool for Homes?

Appraisal Today

NOTE: Does your market look similar? Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! July 18, 2023 By Ryan Lundquist Excerpts: Some areas have more pools than others Real estate is about location. That’s what we always hear.

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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

NAR Urges Appraisal Foundation To Establish Equivalency Credit for Education and Experience. NAR sent a letter to the Appraisal urging the Appraisal Foundation (TAF) to review the experience and education of workers in parallel professions and consider it for potential credit to satisfy the accreditation requirements of appraiser licensing.