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. A home inspector’s function is to study the structural, electrical, mechanical & plumbing in a home and document any problems or safety issues. Do I need a home inspection as well?
Birmingham Appraisal
SEPTEMBER 28, 2022
As a buyer, seller, or real estate agent involved in a sales transaction it’s important to be aware of changes in how things are done that may affect you. A phone app would be utilized to post assignments and anyone willing to take on the assignment would grab it and complete the inspection. What Is A Hybrid Appraisal?
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Zillow
SEPTEMBER 24, 2016
In most parts of the country, sellers (and agents) are required to document any known defects - whether current or past - to potential buyers. But some sellers don’t play by the rules and will try to get one past a buyer. What do sellers disclose to potential buyers? Is a disclosure the same as an inspection?
Appraisal Today
OCTOBER 6, 2023
As this property data collector thing moves along, there continues to be no legitimate reason for Fannie Mae’s motivation to push this so hard other than they want the valuation process fully automated and can pay $25 for an untrained inspector to view a home. Fannie Mae sees the appraisal process as “inspection + value.”
Appraisal Today
MAY 24, 2024
The data won’t be limited to what is gathered by property inspectors; however, appraisers’ data will also be in that mix. Purchase activity continues to lag despite this recent decline in rates, down 11 percent from a year ago, as potential buyers still face limited for-sale inventory and high list prices.”
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