DataMaster

APRIL 6, 2021

The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. How Does the Appraiser Determine Value?

Appraisal 158

Appraisal Appraisal Process Buyers Legal 158

Birmingham Appraisal

FEBRUARY 8, 2023

For the record, I will state that the goal of every appraisal is to estimate the market value of a home, usually for lending purposes. It seems that Fanniemae and the lending industry have hopped onto this bandwagon and they are dragging and pulling appraisers along with them.

Realtors 77

Realtors Appraisal Market Value Real Estate Agent 77

D Fritz Appraisals

MARCH 16, 2021

Be Prepared for an Appraisal for a Positive Impact on Your Home’s Valuation. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. If you’re selling or dividing assets post-divorce, the appraised value ensures that you’ll receive a fair sale price.

Appraisal 127

Appraisal HOA Easement Valuation 127

Robinson Appraisal Group

JULY 18, 2019

A hybrid appraisal is a valuation completed by a Licensed/Certified appraiser that is very similar to a desktop appraisal. The hybrid appraisal is designed so the appraiser can complete the valuation in 30–60 minutes. Typically, anything that receives value would be the responsibility of the appraiser.

Appraisal 78

Appraisal Inspection Property Inspector Valuation 78

The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. The information that arises helps enlighten those who own, manage, sell, lend money, or invest in commercial real estate property. You may need a commercial valuation for many reasons.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

DataMaster

APRIL 6, 2021

The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. We must look at the market analysis and where we are coming from.

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

DataMaster

APRIL 6, 2021

The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. How Does the Appraiser Determine Value?

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

Simonson Real Estate

OCTOBER 23, 2020

COVID-19 Market Analysis – Insights and Impact Analysis. The client should be clear that the assessment is performed at a point in time and that the market value opinion is – as of a specific date – the effective date. What are Banks Lending On? Tell us – how has COVID-19 affected your business? to 7.75%. .

Appraisal 143

Appraisal Retail Tenants Real Estate 143

Housing Wire

AUGUST 31, 2023

For example, Class Valuation , one of the nation’s largest AMCs, provides its data collectors with imagery technology that creates a digital twin of the property. In its selling guide announcement , Fannie Mae wrote, “We are on a journey of continuous improvement to make the home valuation process more efficient and accurate.

Modernization 370

Modernization Appraisal Inspection Valuation 370

Realtor

JANUARY 23, 2018

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral. It never did, said Ms.

Appraisal 78

Appraisal Real Estate Agent Valuation Real Estate 78

Realtor

JANUARY 23, 2018

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral. It never did, said Ms.

Appraisal 78

Appraisal Real Estate Agent Valuation Real Estate 78

Appraisal Today

APRIL 14, 2023

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” If you’re not busy now, this is a good time to check your templates, review appraisal errors, etc. per month, $24.75

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

Simonson Real Estate

JUNE 10, 2020

This means their work is done and they can rest easy while feeling confident that the appraisal report supports the market value conclusion. When we do hear back from a client with a different opinion regarding our valuation, it’s vital for the appraiser to maintain an open mind and listen to the other point of view.

Real Estate 148

Real Estate Appraisal Clients Valuation 148

Genworth MI Blog

JUNE 27, 2019

While in most cases real estate appraisers know what qualities to look for in their business relationships, they occasionally can experience situations where they are unfairly and perhaps unexpectedly pressured by those involved in a mortgage transaction. The Truth in Lending Act (TILA) contains rules addressing appraiser independence.

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78

Genworth MI Blog

JUNE 27, 2019

While in most cases real estate appraisers know what qualities to look for in their business relationships, they occasionally can experience situations where they are unfairly and perhaps unexpectedly pressured by those involved in a mortgage transaction. The Truth in Lending Act (TILA) contains rules addressing appraiser independence.

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78

Housing Wire

MAY 25, 2021

Despite fintech innovation in the form of lending-as-a-service (LaaS) startups and more user-friendly mortgage application portals, the appraiser shortage paired with “the old way of doing things” has aggravated process inefficiencies within the home loan ecosystem.

Appraisal 349

Appraisal Valuation Real Estate Modernization 349

Realvals

JUNE 18, 2023

The appraisal helps in establishing the loan-to-value (LTV) ratio. The LTV is a percentage that represents the amount of money to lend compared to the value of the home. An appraisal can assist you in determining the value of real estate, personal items, and business interests.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. also known as short-term rentals (STRs) — to claim STR income as part of the borrower qualifications side of the lending decision. This is creating significant friction in the lending environment.

Appraisal 148

Appraisal Tenants Investors Business 148

Simonson Real Estate

JULY 10, 2020

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. Some building owners may structure a lease with a separate related entity that operates the business.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

Simonson Real Estate

DECEMBER 6, 2022

Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Appraisal Today

OCTOBER 7, 2022

54% of appraisers report that appraisal management companies (AMCs) have been among the greatest challenges in their businesses in the past year; 30% cite expanding regulations. Eleven percent cite evaluations (non-appraisal opinions of value). If it had a market value of $345k, it would have listed at $345k!”.

Appraisal 52

Appraisal Contracts Architecture Housing Market 52

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. also known as short-term rentals (STRs) — to claim STR income as part of the borrower qualifications side of the lending decision. This is creating significant friction in the lending environment.

Appraisal 78

Appraisal Tenants Investors Business 78

Appraisal Today

SEPTEMBER 15, 2023

The 21 percent who cite other challenges are most likely to cite lack of business/slow market, rising interest rates, low fees, and to reiterate pressure from AMCs. The article includes lots of marketing tips, such as how to find the lenders, they want an accurate value and full disclosures, etc.

Appraisal 80

Appraisal Real Estate Agent Contracts Real Estate 80

Appraisal Today

APRIL 12, 2024

Retrospective appraisals, drive-by (exterior inspection) appraisals, and valuations from plans and specifications, are all valuation assignments where an appraiser develops an appraisal opinion without personally inspecting the property. But if for lending, it might be rejected on review by GSE computers or humans.

Appraisal 76

Appraisal Construction Contracts Architecture 76

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. You need to know the market. Never use a lending form (such as a 1004) for estate work. Many started their own businesses.

Appraisal 79

Appraisal Contracts Training Architecture 79

Cleveland Appraisal Blog

MARCH 18, 2021

My market analysis was reflective of what was taking place in that neighborhood as of the date of the appraisal. My research and analysis showed that the buyer was about to spend a much higher price than the true market value of this home. We’ve all heard of predatory lending. Is it worthy of belief? .

Appraisal 195

Appraisal Investors Buyers Market Value 195

McKissock

NOVEMBER 16, 2021

Value reconsideration requests seem to surface at the most inconvenient times, typically when you are busy and stressed with other deadlines and commitments, so pausing before responding is highly recommended. This is especially critical if you missed a deadline when you completed the original appraisal assignment.

Reconsideration of Value 91

Reconsideration of Value Clients Appraisal Real Estate Agent 91

Appraisal Today

FEBRUARY 9, 2024

also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” His law practice is dedicated to valuation issues.

Appraisal 79

Appraisal Contracts Insurance Construction 79

Appraisal Today

OCTOBER 6, 2023

“Red Lining” still exists, some are in the same locations. == Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Fannie Mae sees the appraisal process as “inspection + value.” Very little competition and good fees.

Appraisal 76

Appraisal Contracts Real Estate Mortgage 76

Clear Capital

SEPTEMBER 29, 2021

Then they dive into Freddie Mac’s long-anticipated research paper, “ Racial and Ethnic Valuation Gaps In Home Purchase Appraisals.” ” Jeff’s Real Estate Joke of the Pod gives us a buyer’s-eye view of today’s real estate market. Interview with Ribbon Co-Founder & CEO Shaival Shah.

Sellers 69

Sellers Agents Real Estate Buyers 69