Housing Wire

FEBRUARY 22, 2024

Presently, the demand for existing homes outpaces the available supply, raising potential concerns for both sellers and buyers. Notably, property risk calls for thorough inspection, preservation, and maintenance to limit liability. HW: What are the risk management challenges for REO assets?

Business 381

Business Marketing Real Estate Legal 381

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

Appraisal Buzz

SEPTEMBER 27, 2021

Divorce work is the most common, but attorneys also need valuation expertise for estate valuations, business disputes, tax litigation, bankruptcy proceedings, and expert witnesses (a per hour fee). It can be presented in a way that real estate agents can use in their MLS listings and packets they are preparing for buyers.

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Real Estate Agent Real Estate Valuation Appraisal 370

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

D Fritz Appraisals

MAY 13, 2024

Whether selling a cozy condo in the heart of downtown or a sprawling estate in the countryside, having a checklist to sell a house is essential to organizing yourself, maximizing your home’s value, and appealing to potential buyers. Selling a home can be exciting and daunting, but with the proper guidance and preparation (i.e.

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Real Estate Buyers Sellers Appraisal 115

Housing Wire

APRIL 22, 2024

Always include your contact information and a call to action, such as an offer for a free home valuation. There are still plenty of buyers interested in this area. In fact, we had (number) offers, which means there are still ready, willing, and qualified buyers eager to make an offer! Great news! Your neighborhood is hot!

Real Estate 381

Real Estate Open Houses Brokerage Real Estate Agent 381

Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser.

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Appraisal Inspection Real Estate Agent Training 406

Housing Wire

SEPTEMBER 23, 2021

Remote inspections have the power to make homeowners and appraisers more comfortable. Incenter Appraisal Management’s new remote appraisal inspection tool streamlines the appraisal process while ensuring appraisers stay in control of the inspection and data collection. The post Are remote appraisals here to stay?

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Appraisal Inspection Technology Tools 361

Valuation Review

OCTOBER 18, 2021

A new Zillow research finds most home buyers still tour homes in person and don't waive inspection contingencies. The housing market is historically hot with record home price appreciation and limited inventory, but the typical buyer submitted only two offers in 2021, and only about 1 in 10 waived an inspection.

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Housing Market Buyers Inspection Marketing 78

Housing Wire

DECEMBER 24, 2020

Home services tech startup Porch.com made its debut on the Nasdaq Stock Exchange Thursday morning at a valuation of $523 million. Porch, a home services marketplace with partners in insurance, utilities, home inspection and moving, plans to use the cash to pursue acquisitions to seize the opportunity in real estate.

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Inspection Insurance Finance Valuation 349

Housing Wire

OCTOBER 26, 2020

Working with some of the nation’s largest banks and mortgage servicers, offering asset management, property disposition, title, close, valuation, and field services through an integrated, technology-driven platform. The app, Inspex , provides lenders a way to offer borrowers an easy valuation that accelerates loan application approvals.

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Clients Valuation Technology Inspection 377

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.

Appraisal 78

Appraisal Inspection Appraisal Process Valuation 78

Clear Capital

JULY 14, 2023

As the real estate and mortgage industries work to modernize the home valuation process, Fannie Mae and Freddie Mac continue to offer new alternatives to the traditional home appraisal. The introduction of inspection-based appraisal waivers offers an increasingly positive impact to both lenders and consumers.

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Appraisal Inspection Real Estate Agent Training 68

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.

Appraisal 78

Appraisal Inspection Appraisal Process Valuation 78

Housing Wire

AUGUST 3, 2023

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” Which real estate functions can AI outperform humans I asked GPT-4 about real estate valuation. However, GPT-4 concluded that while, “AI can enhance the process of real estate valuation, it may not completely replace human judgment.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Birmingham Appraisal

AUGUST 23, 2023

Understanding the Roles: Agents and Appraisers: Real estate agents bring their expertise in marketing and negotiations, while appraisers provide impartial and accurate property valuations. Creating Accurate Initial Expectations: Agents and appraisers collaborating early in the process help set accurate expectations for buyers and sellers.

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Agents Appraisal Valuation Appraisal Process 82

Cleveland Appraisal Blog

MAY 12, 2022

And I remember the first time I started using a digital camera instead of a 35mm camera to take pictures during my inspections. They ended up converting the assignment to a traditional type of appraisal so that I could just make the inspection myself. Ironically, when making the inspection myself, no interior walls need to be provided.

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Inspection Appraisal Tools Advertising 341

D Fritz Appraisals

OCTOBER 11, 2022

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. Type of foundation.

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Appraisal Inspection Property Taxes Easement 105

AmeriMac

DECEMBER 30, 2023

Lastly, we will compare REO appraisals to home inspections and answer whether they are mandatory for all property transactions. Accurate home valuations are essential for all parties involved, whether for refinancing or determining the listing price for a family member’s property.

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Real Estate Appraisal Inspection Appraisal Process 36

Housing Wire

JULY 1, 2021

Anything the seller can do to minimize the work buyers need to put into the home can help add to its value. That being said, we look at certain items on our inspections that play into the final valuation depending on the home.”. For example, hardwood floors would likely be appraised as higher value than vinyl.

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Renovations Appraisal Valuation Investing 417

Realtor

OCTOBER 21, 2016

Every VA purchase loan requires an appraisal, which includes the valuation of the property along with a high-level check of the home’s condition. It’s a broad-based approach not to be confused with a home inspection , which is a more detailed look at the property. Septic system in good condition. Free of mold.

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Buyers Inspection Loan Officers Real Estate 78

Appraisal Hub

MARCH 19, 2023

How Can Buyers And Sellers Benefit From Appraisals? An impartial appraisal can help you set a fair price and attract more potential buyers. is proud to offer reliable, unbiased property appraisals that ensure the interests of buyers, sellers, and lenders are all protected. Where Can I Find An Appraiser In Toronto?

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Appraisal Property Appraisal Sellers Mortgage Appraisal 78

Boston Appraisal

DECEMBER 11, 2023

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers.

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Appraisal Process Real Estate Appraisal Easement 78

DataMaster

APRIL 6, 2021

In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. An appraisal is an unbiased valuation of the fair market value of a home. An important key for buyers to keep in mind, appraisals are for the benefit of the lender, not just for the the buyer! Conclusion.

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Appraisal Appraisal Process Buyers Legal 158

Clear Capital

SEPTEMBER 13, 2023

Well, with the introduction of inspection-based appraisal waivers to the market, you can! This blog post discusses what an inspection-based appraisal waiver is, how these programs benefit underwriters, and how you can easily get started with these programs to streamline and expedite your underwriting. What is an appraisal waiver?

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Appraisal Inspection Modernization Valuation 36

D Fritz Appraisals

JANUARY 8, 2022

With commercial drone use now legal in Canada, it’s worth considering whether drone photography and videography is also helpful for real estate appraisal inspections. Also known as UAS (Unmanned Aerial Systems), drones help build an impressive amount of information for real estate marketing and valuation. . What is Drone Photography?

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Real Estate Appraisal Inspection Real Estate Agent 88

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. Steps in the Appraisal Process.

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Appraisal Inspection Appraisal Process Real Estate Agent 90

Appraisal Today

MARCH 15, 2024

Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. It is not hard to learn the valuation factors. Is this add-on a fair addition to the fundamental, intrinsic value a buyer gets? Or is it something else?

Appraisal 70

Appraisal Inspection Modernization Business 70

Realtor

OCTOBER 21, 2016

Every VA purchase loan requires an appraisal, which includes the valuation of the property along with a high-level check of the home’s condition. It’s a broad-based approach not to be confused with a home inspection , which is a more detailed look at the property. Septic system in good condition. Free of mold.

Buyers 60

Buyers Inspection Loan Officers Real Estate 60

Quicken Loans

JUNE 3, 2021

You may already be aware of iBuyers and what they have to offer prospective home buyers and sellers. But for those who want to understand what all the hoopla is about and what it entails for buyers, sellers and agents alike, here’s what you should know. What Is An iBuyer? iBuyers aren’t active in all U.S.

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Sellers Buyers Agents Real Estate Agent 55

East Coast Appraisal

AUGUST 11, 2022

Home Appraisal Is Only Beneficial to the Buyer. Many home sellers shy away from property appraisal because they believe the process only caters to the buyer's needs. However, property appraisal benefits both the buyer and the seller. For the buyer, a home appraisal protects them from overpaying for a property.

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Real Estate Appraisal Renovations Market Value 52

Housing Wire

MAY 2, 2021

One of the first steps in determining a property’s value is the use of an Automated Valuation Model (AVM). Total Home Value x (THV x ) from CoreLogic is a state-of-the-art AVM built to simplify and standardize valuation through the loan lifecycle. With that said, not every AVM is created equal.

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Valuation Home Value Lending Technology 354

Genworth MI Blog

JULY 13, 2023

There is an on-site visual inspection of the property and a suggestion of improvements followed by the research, analysis and development that produces the appraisal report. Thus, the parties conducting each part of the appraisal, inspection vs. research, are completed by two different people instead of one.

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Appraisal Inspection HOA Real Estate 78

AmeriMac

MAY 10, 2023

In the world of property transactions, appraisal reviews play a vital role in ensuring accurate property valuation. In this blog post, we’ll dive deep into the purpose of appraisal reviews, how they ensure accuracy in property valuation, and the different types of appraisal review reports that exist.

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Appraisal Valuation Legal Inspection 36

AmeriMac

APRIL 30, 2024

A commercial appraisal serves as a basis for negotiations between buyers and sellers, as it provides an objective assessment of a property’s worth. For buyers, it helps in determining a fair price to offer, while sellers can use it to showcase the value of their property.

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Appraisal Appraisal Process Valuation Real Estate 36

Appraisal Hub

JANUARY 11, 2021

After all, every commercial property is different in terms of value, supply, demand, size, location, and other qualities that may affect valuation. It’s not the same as a property inspection. The inspection process is also a part of the appraisal. It may also be done to assess damages or help in corporate mergers.

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Real Estate Appraisal Property Appraisal Inspection 78

Eppraisal

MAY 19, 2023

AVM (Automated Valuation Model) is a computer-generated estimate of a property's value based on data such as recent sales in the area, public records, and local market trends. They can provide advice on staging your home, marketing it to potential buyers, negotiating offers, and more.

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