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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

One tool the agent uses to price the property is the Comparative Market Analysis or CMA, and by sharing this with the appraiser they can better understand what went into the agent’s pricing strategy. Each will determine what features move the needle on value for buyers and this will be reflected in their opinion of value.

Agents 86
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2024 Bidding Wars – How to Strike and Win

Lamacchia Realty

With an expert in their corner, buyers will have a highly skilled professional to help them implement some of the following tactics to help set their offer apart from others in a bidding war. They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Appeal to their emotions.

Buyers 70
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2022 Bidding Wars – How to Strike and Win

Lamacchia Realty

In this ultra-competitive market, buyers need to do all they can to make the strongest offer when the right house becomes available. Then buyers will have a highly-skilled professional to help them implement some of the following tactics to help set their offer apart from others in a bidding war. Consider Waiving Inspection.

Sellers 72
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2023 Bidding Wars – How to Strike and Win

Lamacchia Realty

This stalemate has maintained low inventory and competition among buyers for what is available on the market. Buyers need to do all they can to make the strongest offer when the right house becomes available. They should be well known, respected among agents in the area, and highly specialized in mortgage lending.

Buyers 41
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7 Easy Steps to Reduce Appraisal Revision Requests

Clear Capital

Buying or refinancing a house is stressful for home buyers, and “being able to rely on a timely valuation can make a big difference,” says Heather Khan, Senior Analyst of Quality Assurance at Clear Capital. Delays in responding to revision requests can have a serious impact on all lending parties during the review process.

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How to Maximize Appraisal Underwriting Approvals in Rural Markets

Genworth MI Blog

Recently, the rural housing landscape has sparked discussion about its lending, affordable housing availability, housing shortages and outreach to underserved demographics. Training is accomplished by using examples of acceptable rural appraisals as training tools for underwriters. I refer to this approach as high-level bracketing.

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How to Maximize Appraisal Underwriting Approvals in Rural Markets

Genworth MI Blog

Recently, the rural housing landscape has sparked discussion about its lending, affordable housing availability, housing shortages and outreach to underserved demographics. Training is accomplished by using examples of acceptable rural appraisals as training tools for underwriters. I refer to this approach as high-level bracketing.