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The Appraiser’s Perspective: Insights and Tips for Real Estate Agents

Birmingham Appraisal

I believe that appraisers and agents have a common goal: to help their clients buy or sell a home. They cannot base their value opinions on anything other than their own analysis of the market data and their professional judgment. Dos and don’ts for interacting with appraisers at a property Do introduce yourself and give your card.

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New Homebuyer’s Guide To Appraisals

Birmingham Appraisal

A mortgage appraisal is an appraisal that is done for mortgage lending purposes. 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. Appraisal vs Home Inspection. What is a Mortgage Appraisal?

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Practical Tips for Working With AMCs

Appraisal Today

Our office updates AMCs on every scheduling attempt with details, every inspection appointment set and completion, and any materials needed ASAP in the assignment. Appraisers tend to get annoyed with constant emails from the AMC about inspection date, completion, report submission, etc. Reconsideration of value and Appraisers.

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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

On one hand, the real estate agent’s main goal is to advocate for their client while the appraiser must be an impartial and non-biased third party. The lender then obtains an appraisal to make sure that the property they are lending on, which is the collateral for the loan, is worth what they are paying for it.

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

Appraisers should consider learning more about desktop appraisals and the hybrid/bifurcated appraisal process and using remote inspection tools such as RemoteVal ,” she advises. It’s likely that the task force’s recommendations will be adopted by most of the major players in the residential mortgage lending arena. Paul, Minn.).