Appraisal Today

DECEMBER 1, 2023

I will say the north side tends to have a slightly larger square footage than the south side (same with west vs east), which is something to consider when we compare stats. As part of our monthly survey series, we asked our community of real estate appraisers, “What’s the BEST way to save time in your workweek?” Acre lot.

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Quicken Loans

JULY 15, 2021

Chapter 7 Vs. Chapter 13: Overview Of Key Differences. You’ll create a repayment plan which will allow you to pay your creditors a defined amount over a set period of time (typically 3 – 5 years) rather than selling your property. What Happens To Your Property When You File For Bankruptcy? Not sure which one is right for you?

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Appraisal Today

AUGUST 5, 2022

The use of a Desktop Appraisal may allow an appraiser from outside the market area, but with appropriate credentials for the jurisdiction of the property, to complete the assignment when no local VA fee panel appraiser is available.”. To read the full blog post, click here. The summary and Circular are in the blog post.

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Portland Appraisal Blog

APRIL 14, 2019

You’re a real estate agent and after a lot of back-and-forth, give-and-take, offers and counteroffers, you’ve helped your client negotiate a sweet price for their home. All the work getting the property ready for listing, the extensive marketing, the numerous showings, the sometimes tedious offer evaluations has paid off.

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Appraisal Today

JANUARY 13, 2023

He requested that I inspect the property 1/5/2023 as the inspector would be there at the same time. When I researched the name he was using, I found that person to be deceased. “. To read more of this long blog post with many topics, click Read More Below!! I addressed him as Sir in our texts out of respect.“. “He

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Appraisal Partners Blog

FEBRUARY 4, 2020

Increasing your property value through renovations or home additions, and paying off your mortgage, seem like the most straightforward ways to build equity. In addition, get the free Cost vs. Value report tracking 21 popular improvements and monitoring the value retained at resale. Spoiler Alert. Only one returns more than 100%).

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Appraisal Today

NOVEMBER 10, 2022

Here are 5: Reliance in any appraisal analysis on inappropriate comparable sales, or the failure to use comparable sales that are more similar to or nearer to the subject property without adequate explanation. To read more of this long blog post with many topics, click Read More Below!! Powerball Jackpot. By McKissock.

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Appraisal Today

MAY 19, 2023

Chat GPT For Fannie Form Appraisal Reports By Dustin Harris Excerpts: The world of real estate appraisal is constantly evolving (much to our dismay sometimes), and as professionals in this field, it is crucial to stay ahead of the curve by embracing innovative tools and technologies. I am a real estate appraiser completing an appraisal.

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Appraisal Today

OCTOBER 7, 2022

Virtually all appraiser respondents (97 percent) have conducted an in-person appraisal, and 79 percent have done so by desktop/drive-by appraisal. Two-thirds of appraisers (66 percent) are asked monthly or more often to conduct appraisals outside of the geographic area or the property type in which they feel their expertise is.

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Appraisal Today

SEPTEMBER 23, 2022

Sellers Chasing the ball down the road in real estate. At the least, properties are clearly selling for less than they did several months ago. This doesn’t mean every property is worth $45,000 less, but it’s been clear buyers have been resisting paying higher prices.”. By Ryan Lundquist. One box just isn’t enough. “At

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Appraisal Today

AUGUST 4, 2023

The attack on the protected speech of independent appraisers erodes their ability to describe how the properties they appraise relate to the preferences of market participants. Excerpts: As we hit the mid-year mark of 2023, it’s time to assess the real estate industry’s performance so far. The Consumer Price Index (CPI) rose by 0.2%

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Appraisal Business Contracts Real Estate 72

Housing Wire

NOVEMBER 5, 2023

Real estate prospecting is a necessary activity for agents aiming to build a robust pipeline of buyer and seller leads. It involves identifying and connecting with individuals who might be interested in buying or selling property sometime in the future. In this article What is real estate prospecting?

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Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. However, these restrictions may also limit modifications, potentially affecting the property’s market appeal.

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Appraisal Today

SEPTEMBER 8, 2023

Problems When Appraising Airbnb & VRBO Properties by Richard Hagar, SRA Excerpts: Residential appraisers are being asked to appraise these properties, along with their elevated income, as “typical” residential properties. After all, this isn’t the first time the unique property has been listed. Short answer—no.

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Appraisal Contracts Business Construction 81

Simonson Real Estate

JULY 10, 2020

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. What Property Should be Appraised? Does the collateral match what’s included in the appraisal?

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Appraisal Process Appraisal Market Value Tenants 148

Appraisal Today

MAY 26, 2023

Cosmetic vs. MPR Repairs: Guidance for FHA Appraisers By: McKissock Excerpts: If you are appraising a property that needs some cosmetic repairs but meets FHA minimum property requirements (MPR) in its current condition, you should make the appraisal “as-is.” Here is some guidance on cosmetic repairs vs. MPR repairs.

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Quicken Loans

APRIL 5, 2021

A major factor in anyone’s decision-making process, though, is one’s personal finances. Renting Vs. Buying A House: Pros And Cons. Aside from your personal situation, there are some objective benefits and drawbacks to renting and buying that will exist in most scenarios. Estimate The Cost Of Renting Vs. Buying.

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Landlords Renovations Property Taxes Finance 72

Appraisal Today

SEPTEMBER 29, 2023

How to Identify a Single-Family with ADU vs. Two-Family Property By McKissock Excerpts: The presence of an additional living unit can complicate the appraisal process. It may make it difficult for you, the appraiser, to know how to classify the subject property. million properties, 23.9 Helena Brokerage. “I

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Insurance Appraisal Contracts Mortgage 79

Berkshire Hathaway

JUNE 21, 2022

Other agents and brokers are also invited to open houses so they can look around and see if they can find a buyer for the property. It is nearly impossible for a real estate agent to keep an eye on every single person that walks through an open house or supervise them as they explore the property.

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Appraisal Today

DECEMBER 16, 2022

To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on Fannie December newsletter, estate appraisals real estate market, unusual homes, mortgage origination stats, etc. My comments: Wow, And I’m not a “car person”!!

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Appraisal Today

OCTOBER 6, 2023

Personally, I think there is very, very little intentional discrimination by appraisers, compared with the intentional discrimination by lenders (and others). NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, economics analysis, Fannie getting rid of appraisers?, It’s insane, actually.

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Appraisal Today

DECEMBER 30, 2022

Mike Bost, the VA will be required to: Issue certification requirements for appraisers; Execute minimum property requirements; Review the process for selecting and reviewing comparable sales; Implement quality control processes; Establish the Assisted Appraisal Processing Program; and. And 33 properties—at least as of Dec.

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Appraisal Today

SEPTEMBER 2, 2022

Can you learn to be an ethical appraiser (or person)? To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on Real estate market changes, ADUs, AMC interview, unusual homes, mortgage origination stats, etc. ==. $4

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Will Springer Realtor

MARCH 10, 2023

Today, real estate is ‘nobody’s market,’” notes realtor.com’s chief economist Danielle Hale. Take a video tour and contact me for an in-person visit. Update: The property just went Pending Inspection, meaning the buyers can still withdraw their offer based on the inspection report. It’s a 4-bed, 4.75-bath bath , 3880 sq.

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Will Springer Realtor

DECEMBER 13, 2022

That real estate party of unquenchable buyer demand against a backdrop of low inventory is over. That is the scene following a wild and highly unexpected residential real estate year. Welcome to our fifth annual look at predictions and projections in real estate for Seattle/King County and beyond. What’s next?

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Will Springer Realtor

AUGUST 11, 2023

While that may seem like a silly question to ask – especially from a residential real estate pro whose business relies on the purchase and sale of homes – it’s something I have been studying, with some eye-opening findings. Click to expand any image or graphic from my newsletters and blog posts.) >> Bellevue is rated No.

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Appraisal Today

DECEMBER 9, 2022

To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on retirement, classes, adjustments, real estate market, unusual homes, mortgage origination stats, etc. For more interesting info, read “Wait, Trader Joe was a real guy?”

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Will Springer Realtor

OCTOBER 11, 2022

The Fed is determined to cool inflation, and they’re willing to throw housing under the bus to do so,” Devyn Backman, senior researcher at John Burns Real Estate Consulting, told realtor.com. People love experiences to fill their memory bank and social media feed – and real estate developers are listening. So, we have a long way to go.

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Housing Market Marketing Buyers Real Estate 36

Will Springer Realtor

JULY 9, 2021

Okay, perhaps the stress is higher but neighborhoods within those cities are generally tight-knit areas with a personality all their own. “We based real estate research and publishing firm. It produces an annual Cost vs. Value report to determine the national ROI for dozens of projects large and small. HOUSING FOR ALL.

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