Robinson Appraisal Group

JULY 18, 2019

A hybrid appraisal is a valuation completed by a Licensed/Certified appraiser that is very similar to a desktop appraisal. The hybrid appraisal is designed so the appraiser can complete the valuation in 30–60 minutes. Typically, anything that receives value would be the responsibility of the appraiser.

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Boston Appraisal

OCTOBER 8, 2022

As a result, delays in the lending or mortgage process are not uncommon; more recently, there have been attempts to mitigate this problem. Also known as bifurcated appraisals, hybrid appraisals employ a more streamlined appraisal approach that involves separating the valuation aspect of an assessment from the property inspection portion.

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The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. The information that arises helps enlighten those who own, manage, sell, lend money, or invest in commercial real estate property. You may need a commercial valuation for many reasons.

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Housing Wire

AUGUST 31, 2023

The solutions, ACE+ PDR (automated collateral evaluation plus property data report) by Freddie Mac and Value Acceptance + Property Data by Fannie Mae, were designed to increase efficiencies for all stakeholders and lower costs in comparison to traditional appraisals, while maintaining the high risk mitigation standards employed by the GSEs.

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Genworth MI Blog

JUNE 27, 2019

This can include improper influence to inflate the appraised value, overlook repair items, misstate facts, ignore or conceal external influences, and misrepresent market conditions. The Truth in Lending Act (TILA) contains rules addressing appraiser independence. Market value has some key elements that we must understand.

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Genworth MI Blog

JUNE 27, 2019

This can include improper influence to inflate the appraised value, overlook repair items, misstate facts, ignore or conceal external influences, and misrepresent market conditions. The Truth in Lending Act (TILA) contains rules addressing appraiser independence. Market value has some key elements that we must understand.

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Appraisal Today

APRIL 14, 2023

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Browse the following resources designed to help you avoid common appraisal errors and violations. Here are two: 1. Worth reading.

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Realvals

JUNE 18, 2023

The appraisal helps in establishing the loan-to-value (LTV) ratio. The LTV is a percentage that represents the amount of money to lend compared to the value of the home. An appraisal can assist you in determining the value of real estate, personal items, and business interests.

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Appraisal Today

SEPTEMBER 15, 2023

The architectural design avoids lines and straight angles to establish the idea of continuous fluidity. Richard Hagar, SRA, has a good book on Dave Towne’s comments (and many other client issues): For more info click here == Private money lending – no UAD, computer “reviews”, low fees, etc.

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Appraisal Today

APRIL 12, 2024

Retrospective appraisals, drive-by (exterior inspection) appraisals, and valuations from plans and specifications, are all valuation assignments where an appraiser develops an appraisal opinion without personally inspecting the property. But if for lending, it might be rejected on review by GSE computers or humans.

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Appraisal Today

OCTOBER 7, 2022

Eleven percent cite evaluations (non-appraisal opinions of value). The eight percent who cite other valuation methods most often explained that they use a hybrid approach or mostly an exterior appraisal. If it had a market value of $345k, it would have listed at $345k!”. While agents can “puff” we cannot! Lot Size: 0.06

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McKissock

NOVEMBER 16, 2021

When you receive an ROV, the first thing you should do is to make sure that the request was forwarded by your client or parties designated by the client, such as an AMC or an agent of the client. USPAP prohibits an appraiser from discussing the results of an appraisal with anyone other than the client or parties designated by the client.

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Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. She designed more than 700 buildings in California during a long and prolific career. No effect on value. I was surprised.

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Empire Appraisal Group

AUGUST 12, 2021

The agencies involved in residential lending—Fannie Mae, Freddie Mac, the Department of Veterans Affairs, and the Federal Housing Administration—have slightly varying definitions of gross living area, but all agree on these facts: Gross living area is the finished, above-grade residential area. to the primary dwelling. Molitor-Gennrich.

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Appraisal Today

FEBRUARY 9, 2024

also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” His law practice is dedicated to valuation issues.

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Appraisal Today

OCTOBER 6, 2023

As this property data collector thing moves along, there continues to be no legitimate reason for Fannie Mae’s motivation to push this so hard other than they want the valuation process fully automated and can pay $25 for an untrained inspector to view a home. Fannie Mae sees the appraisal process as “inspection + value.”

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Clear Capital

SEPTEMBER 29, 2021

Then they dive into Freddie Mac’s long-anticipated research paper, “ Racial and Ethnic Valuation Gaps In Home Purchase Appraisals.” ” Jeff’s Real Estate Joke of the Pod gives us a buyer’s-eye view of today’s real estate market. Interview with Ribbon Co-Founder & CEO Shaival Shah.

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