AmeriMac

DECEMBER 30, 2023

Real estate transactions can be complex, especially regarding REO a ppraisals. We will also discuss what happens if an REO appraisal is low and how it impacts property value. Lastly, we will compare REO appraisals to home inspections and answer whether they are mandatory for all property transactions.

Real Estate 36

Real Estate Appraisal Inspection Appraisal Process 36

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. They are only one part of the puzzle that appraisers have to put together to form a credible value opinion.

Real Estate Agent 79

Real Estate Agent Real Estate Agents Reconsideration of Value 79

Cleveland Appraisal Blog

APRIL 21, 2022

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value.

Market Value 354

Market Value Appraisal Agents Real Estate Agent 354

Hank Miller Team

NOVEMBER 22, 2022

Appraisers and home inspectors are important parts of a real estate transaction, but they serve completely different purposes. There are significant differences between an appraisal and a home inspection, it’s best for every home buyer to become familiar with the purpose of each. What is a Real Estate Appraisal?

Inspection 52

Inspection Appraisal Buyers Sellers 52

McKissock

JANUARY 31, 2023

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” ” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.”

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

Eppraisal

DECEMBER 20, 2022

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. Part 1 of our next two posts will dissect the real estate transaction from the buyer's perspective. Buyers Consultation Once you've identified an agent, set up a consultation.

Real Estate 36

Real Estate Buyers Inspection Real Estate Agent 36

Miller Samuel

NOVEMBER 30, 2018

One group not explicitly mentioned in the petition but impacted down the road are real estate agents and brokers. Those are "PiW" loans or have a "Property Inspection Waiver." If the buyer realizes they overpaid for the property, the agents are now the professionals with the bullseye on their back.

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Appraisal Inspection Real Estate Agent Agents 300

CP Home Appraisals

AUGUST 27, 2018

Isn’t a home inspection similar to a home appraisal? Not at all – an appraisal differs from a house inspection. Although the home appraiser will complete a rudimentary inspection of the subject property, it will be nowhere near as thorough as what a property inspector does. Do I need a home inspection as well?

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Inspection Appraisal Property Inspector Real Estate 78

The Robert Weiler Company

MAY 18, 2022

When selling commercial real estate, the favorite phrase, “A little bit goes a long way,” holds much truth. A study performed by the Florida Nursery Growers and Landscape Association found that something as simple as landscaping has the potential to increase the resale value of a property by 14 percent. Consider going solar.

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Real Estate Tenants Retail Investing 148

Appraisal Hub

JANUARY 11, 2021

So if you are considering a commercial real estate appraisal in Toronto, be sure to have it done by an experienced property appraiser. You can’t go wrong with one of those established appraisal firms that have an extensive track record of providing their services to discerning commercial real estate owners.

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Real Estate Appraisal Property Appraisal Inspection 78

Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions.

Real Estate Agent 76

Real Estate Agent Real Estate Agents Appraisal 76

Realtor

MAY 17, 2023

While it’s certainly true that you can let go of the anxiety of needing to show your home at any moment, you still need to cooperate with your buyer, the buyer’s agent, and the commitments made in the contract. Negotiating a settlement date Buyers and sellers typically negotiate a settlement date that is mutually agreeable.

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Sellers Inspection Contracts Property Taxes 142

Cleveland Appraisal Blog

AUGUST 11, 2022

Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view. In that case, potential buyers will lay down an ‘as-is’ offer, which means they will acquire the home in its current condition. Moreover, buyers sometimes prefer to renovate the home according to their taste.

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Renovations Buyers Appraisal Investing 221

Riverfront Appraisals

JANUARY 18, 2021

Well – not really the end, but one of the last parts of some appraisals – namely the final inspection. We’ll briefly look at what a final inspection […]. The post The Loan Officer’s Guide to Appraisals, Part 1: The Final Inspection appeared first on Riverfront Appraisals.

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Final Inspection Inspection Appraisal Loan Officers 92

The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. Question 1: What is a commercial real estate appraisal? So, why do you need a commercial real estate appraisal?

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Eppraisal

MAY 19, 2023

While AVMs can be a useful tool for getting a ballpark estimate of a property's value, they have limitations and may not always provide an accurate estimate of the property's true market value. This knowledge can help them provide a more accurate estimate of your home's value based on current market conditions.

Real Estate Agent 36

Real Estate Agent Real Estate Agents Inspection 36

Cleveland Appraisal Blog

DECEMBER 2, 2021

If this is the norm for the neighborhood, the size of the driveway may not have any impact on value. It really depends on the neighborhood and what the typical buyer in that neighborhood is looking for. DOES THE MATERIAL THE DRIVEWAY IS MADE OF MAKE A DIFFERENCE IN VALUE? What about gravel or tar & chip driveways?

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Appraisal Buyers Market Value Real Estate Agent 243

Appraisal Hub

MAY 17, 2023

One day you’re optimistic because you met a seemingly committed buyer at the open house or showing, and the next day you’re frustrated because they changed their mind or didn’t follow through. Mistake #1: Over- or under-pricing If you price your home incorrectly, your home may become less attractive to potential buyers.

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Inspection Property Taxes Real Estate Agent Buyers 78

Cleveland Appraisal Blog

OCTOBER 27, 2022

How can you prepare for the inspection? The appraiser will provide your home’s estimated market value in writing afterward. Assume the role of a potential buyer. Here, you get to play the role of a prospective buyer touring the home. Are you anticipating having your home appraised?

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Appraisal Inspection Buyers Advertising 389

McKissock

JULY 6, 2022

Real estate transactions are similar to putting together a jigsaw puzzle. One of the main responsibilities of a real estate agent is to effectively organize all the competing interests of a transaction (or pieces of the jigsaw puzzle). Setting and Managing Client Expectations for Your Real Estate Transactions.

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Clients Real Estate Contracts Sellers 87

PennyMac

JULY 20, 2021

Whether you are buying or selling a home, your real estate agent will be your partner through one of the most significant transactions of your life. Here are 12 questions that will help you avoid the bad actors in your search for a great real estate agent. How long have you been working as a real estate agent?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Will Springer Realtor

FEBRUARY 1, 2022

In a hot sellers’ market, establishing a date to examine bids – especially on a popular home in a desired neighborhood – is a common strategy and one that can generate a frenzy among buyers. The seller sets the time when all offers are due, typically 4-7 days after a listing hits the market. Why does this happen?

Real Estate 36

Real Estate Sellers Buyers Legal 36

Boston Appraisal

OCTOBER 8, 2022

While appraisers provide an essential service through their reports, this work comes at high costs to the buyer or borrower. Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves.

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Appraisal Inspection Appraisal Process Valuation 135

Appraisal Hub

OCTOBER 12, 2021

A property appraisal is also known as real estate appraisal and it can help you learn your property’s real market value in Toronto. The results will be an unbiased professional opinion on the value of the real estate. For buying and selling property. For refinancing and home loans.

Property Appraisal 78

Property Appraisal Appraisal Market Value Real Estate 78

Birmingham Appraisal

AUGUST 8, 2023

Well, here’s a secret tip that can give you a competitive edge in the real estate market: Consider getting a pre-listing appraisal before putting your home up for sale. Set the price too high, and you risk scaring away potential buyers. Set it too low, and you may lose out on the true value of your property.

Appraisal 76

Appraisal Buyers Real Estate Investing 76

Glascock Company

DECEMBER 11, 2020

Auctions are one of the most expedient ways to sell real estate (both commercial and residential) while still allowing the seller to maintain total control over the transaction. There is less wiggle room because auctions motivate buyers to act quickly — plain and simple. Buyers Purchase Property For Sale As-Is.

Sellers 78

Sellers Inspection Real Estate Buyers 78

McKissock

OCTOBER 13, 2020

Between the complexities of the real estate market and the changeable landscape of financing and property value, your clients likely have an abundance of questions regarding the sale of their home. We’ve also re-capped some common answers from our network of real estate experts.

Clients 84

Clients Advertising Real Estate Market Value 84

Cleveland Appraisal Blog

AUGUST 6, 2021

Below is a chart from the National Association of REALTORS article on home buyer regret. Some buyers may be relocating from a different state, and feel pressured to purchase a home sight unseen. It’s not that these pictures are meant to deceive buyers. WAIVING HOME INSPECTIONS. Did they regret their decision?

Buyers 243

Buyers Property Taxes Inspection Market Value 243

AmeriMac

DECEMBER 15, 2021

These appraisals are typically conducted by licensed and certified experts and are based on, among other things, similar homes in the same neighborhood and other factors pertaining to the market. It’s important to understand that appraisals are ultimately designed to protect buyers from significantly overpaying for the home in question.

Real Estate 36

Real Estate Appraisal Market Value Contracts 36

AmeriMac

DECEMBER 15, 2021

These appraisals are typically conducted by licensed and certified experts and are based on, among other things, similar homes in the same neighborhood and other factors pertaining to the market. It’s important to understand that appraisals are ultimately designed to protect buyers from significantly overpaying for the home in question.

Real Estate 36

Real Estate Appraisal Market Value Contracts 36

Realtor

AUGUST 1, 2018

An FHA loan—which allows the buyer to put down as little as 3.5%—sounded This is a payment that’s usually required when the buyer isn’t putting 20% down. To be approved for the loan, the house must pass an inspection conducted by the U.S. sounded like a dream come true. Department of Housing and Urban Development.

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Inspection Insurance Buyers Renovations 136

D Fritz Appraisals

OCTOBER 11, 2022

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Current real estate market conditions.

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Appraisal Inspection Property Taxes Easement 105

Eppraisal

OCTOBER 23, 2023

Your bid may need to be higher, your contract contingencies may be undesirable or other buyers may have more attractive financing requirements. The other party has no obligation to respond to you, but your real estate agent can reach out to learn their motivation for declining your proposal. The seller can pick a different one.

Real Estate Agent 69

Real Estate Agent Sellers Inspection Real Estate 69

Quicken Loans

JUNE 3, 2021

Real estate professionals are painfully aware of the fact that technology is disrupting the industry. You may already be aware of iBuyers and what they have to offer prospective home buyers and sellers. iBuyers are real estate companies that buy and sell properties through technology. What Is An iBuyer?

Sellers 55

Sellers Buyers Agents Real Estate Agent 55

Birmingham Appraisal

SEPTEMBER 15, 2022

Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection.

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Appraisal Inspection Appraisal Process Real Estate Agent 91

Aedis Appraisals

FEBRUARY 1, 2018

An Inspection and Report. A home appraisal in Toronto Ontario is defined as an inspection to estimate the value of a home. Mortgage lenders require an appraisal to confirm the value of the collateral for financing. Home appraisals are done case-by-case to verify the home’s market value and assess its risk.

Real Estate 36

Real Estate Appraisal Inspection Property Taxes 36

Genworth MI Blog

JULY 13, 2023

Let’s explore how from the lens of David Foster, Enact’s Senior Real Estate Appraiser. Appraisal overview The appraisal is a report with an independent opinion of value of how much a property is worth. They could be a licensed appraiser and an authorized real estate agent, two appraisers, etc.

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Appraisal Inspection HOA Real Estate 78