Contracts Inspection Real Estate Reconsideration of Value 
Birmingham Appraisal
JUNE 13, 2023
Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. If there are no comparable sales that support the contract price, this may result in a lower appraised value.
Birmingham Appraisal
FEBRUARY 20, 2024
Appraiser and Agent Collaboration is a Good Thing The importance of collaboration between real estate agents and appraisers can be a touchy subject. 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.
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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.
Appraisal Today
APRIL 7, 2023
AMCs Assuring that the appraiser has the correct contact information for an inspection is very important. There have been numerous instances in which I have not been able to get ahold of a contact for an inspection only to find out weeks later that the AMC gave me the wrong contact information. Where is your state on the list?
Appraisal Today
NOVEMBER 4, 2022
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.
Appraisal Today
MAY 24, 2024
NOTE: Please scroll down to read the other topics in this long blog post on GSEs outsourcing AI for appraisal photos and Privacy issues, ROVs, mortgage rate forecast, current real estate market, unusual homes, mortgage origination stats, etc. = $25M California Estate With a Private Mountain in Somis, CA Excerpts: 8 bedrooms, 11.5+
Housing Wire
NOVEMBER 30, 2021
of the properties in Black neighborhoods receive appraisal values lower than the contract price versus 7.4% Our industry must support and adopt solutions like the Practical Applications of Real Estate Appraisal (PAREA) and allow students to engage in simulated/virtual training programs in every state.
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