Annarbor Appraisal
SEPTEMBER 6, 2020
The appraisal is for their benefit, but at the same time, the appraiser needs to complete a fair and supportable valuation. Even though the lender is the client, the borrower is by regulation, required to be given a copy of the appraisal report. When a sale is involved, the valuation may be lower than contracted price.
Appraisal Buzz
APRIL 15, 2024
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD). These codes, or language, make sense to appraisers but confuse uninitiated readers of our reports. Really, appraisers have always thought this way.
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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. Navigating Complex Properties: In cases of unique or complex properties, agents and appraisers collaborate to ensure accurate valuations.
Appraisal Today
MARCH 15, 2024
How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation.
Birmingham Appraisal
SEPTEMBER 15, 2022
What is a Mortgage Appraisal? A mortgage appraisal is an appraisal that is done for mortgage lending purposes. Lenders, including banks and mortgage companies, require an appraisal to justify the loan they are making. Who is the Appraisal for? This is called equity.
AmeriMac
JULY 25, 2022
Home negotiations can be deadlocked because of the valuation differences of a property by both prospects and homeowners. This is why home appraisals are advised to ensure property costing is as fair as possible. What Is an Appraisal? Why Is Appraisal Review Important? Income Capitalization Approach.
Appraisal Today
MAY 19, 2023
Some appraisers may want to become data collectors or do desktops. My first appraisal job was updating data records for an assessor’s office, converting to computerized valuation in the mid-1970s. Some AMCs may use appraisers for data collection at a reasonable fee instead of Uber drivers with 3 weeks of training.
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