article thumbnail

The Loan Officer’s Guide to Appraisals, Part 1:  The Final Inspection

Riverfront Appraisals

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.

article thumbnail

Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

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?” ” “When to use new construction or remodeled construction as a comparable.” Was the seller highly motivated?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Loan Officer’s Guide to Appraisals Part 9: New Construction

Riverfront Appraisals

This month’s blog post will be all about new construction appraisals. The post The Loan Officer’s Guide to Appraisals Part 9: New Construction appeared first on Riverfront Appraisals. This entire year, I’ve been blogging once a month with the purpose of assisting loan officers to better understand the appraisal process.

article thumbnail

Great news! No need for an appraisal. Or is it really??

Town & Country Residential Appraisals

FNME will now allow a borrower to provide an attestation letter to verify repairs were made if they were required or for a builder to provide an attestation letter to verify a new construction is 100% complete. How could this go wrong?

article thumbnail

Modular vs Manufactured-There IS a Distinction

Town & Country Residential Appraisals

Confusion abounds because many real estate professionals use the words Modular, Manufactured, Doublewide, Mobile Home and Trailer seemingly interchangeably. First we must understand that the term “mobile home” is obsolete and refers to transportable homes constructed prior to June 30, 1976.