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5 Things To Consider When Getting A Hybrid Appraisal

Birmingham Appraisal

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. An agent involved in the property inspection process may overlook defects that may affect the value that the appraiser would readily pick up on.

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Home Appraisal vs. Home Inspection

CP Home Appraisals

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. The bulk of the appraiser’s work is focused on market analysis to decide market value based on “assumed” condition of the house.

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2024 USPAP For Appraisers

Appraisal Today

Next month’s newsletter will have a lengthy article on the issues of the property inspector. I wonder how well the GSE AI works on rural appraisals, “one of a kind” properties, no permits, Highest and Best Use issues, and many more. The data collector qualifications need to be standardized. Each AMC sees it differently.