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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. While agents and appraisers cannot discuss value we can talk about the property and why they may have priced it at what they did.

Agents 89
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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. I refer to this phenomenon as Urban Projection – a process where underwriters unintentionally impose urban property expectations on rural markets. of the U.S.

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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. I refer to this phenomenon as Urban Projection – a process where underwriters unintentionally impose urban property expectations on rural markets. of the U.S.

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Why is an Appraiser Asking Me About an Old Comp?

Portland Appraisal Blog

The appraisal report is not for lending: The overwhelming majority of appraisal reports are written for a lending institution due to a sale or refinance—certainly over 90% and most likely approaching 99.9%. Sometimes the report is not for lending and the effective date of value is not contemporary but is a point in the past.

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2024 Bidding Wars – How to Strike and Win

Lamacchia Realty

Due to rising rates and home prices that have continued to influence consumer spending, 2023 saw the lowest inventory in recorded history, and in 2024, sellers are still hesitant to enter the market. They should be well known, respected among agents in the area, and highly specialized in mortgage lending. Real estate is a long game.

Buyers 70
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7 Easy Steps to Reduce Appraisal Revision Requests

Clear Capital

Delays in responding to revision requests can have a serious impact on all lending parties during the review process. In a volatile market where interest rates are constantly changing, an appraised value can sometimes trigger a renegotiation. There are a lot of handy tools that can help appraisers save time and stay organized.

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2022 Bidding Wars – How to Strike and Win

Lamacchia Realty

The housing market around the Greater Boston area is enduring a market climate never seen before as a result of the COVID-19 pandemic. In this ultra-competitive market, buyers need to do all they can to make the strongest offer when the right house becomes available. Consider Waiving Inspection.

Sellers 72