Appraisal Hub

MARCH 5, 2021

If speed is an important factor for your next commercial property transaction, then you need a property appraiser that works fast. But even the most efficient appraisal firms can’t do their jobs if clients don’t provide the information they need. If the appraisal company asks you a question; respond as fast as you can.

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Housing Wire

MARCH 3, 2021

In a statement , the Appraisal Foundation’s Appraisal Standards Board Chair Wayne Miller said “pressing issues” have arisen in appraisals over the past year, ranging from concerns about fair housing matters to how to conduct a socially distanced property inspection in the midst of COVID-19.

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Cleveland Appraisal Blog

MAY 26, 2023

The opposing side in one of the cases required that a new valuation be completed by a state-certified appraiser. In the other case, my client’s attorney recommended having their marital property appraised. But the owner felt that a real estate agent could do the same type of valuation as an appraiser.

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Appraisal Hub

JANUARY 11, 2021

So if you are considering a commercial real estate appraisal in Toronto, be sure to have it done by an experienced property appraiser. You can’t go wrong with one of those established appraisal firms that have an extensive track record of providing their services to discerning commercial real estate owners.

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Empire Appraisal Group

OCTOBER 5, 2023

What is a Date of Death Appraisal? A date of death appraisal, also known as a “valuation as of the date of death” is a type of real estate or personal property appraisal that determines the fair market value of assets as of the date a person passed away.

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Appraiserblogs

MARCH 17, 2021

Valuation Legal warned us about this back in December: Appraiser and AMC Laws to Include Prohibitions Against Discrimination. Prior to the initiation of a residential property appraisal, a holder of a license or certification under P.L.1991, From Bill A5185: 2. 45:14F-1 et seq.) or registration under P.L.2017, 45:14F-27 et al.)

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Housing Wire

FEBRUARY 24, 2023

I hear these phrases quite often when it comes to product and software development, but I think they apply very well to solving complex problems like transforming the property appraisal process to work better for every stakeholder. Like any good product exercise, we need to define the pain points before we talk about solutions.

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Housing Wire

JANUARY 10, 2023

Property Appraisal. I would be remiss not to choose appraisal as the first area that desperately needs action. The most groundbreaking aspect of GSE appraisal modernization that gets overlooked is that there is now a tech-driven data standard for how a home should be documented in support of an appraisal.

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Housing Wire

APRIL 8, 2021

Get pre-approved to show you mean business: Consider obtaining a pre-approval for a mortgage from a lender by the time you reach the offer stage, as this document can play a key role in the negotiation process. In high-demand areas, escalation clauses should be considered. In an extremely competive market?

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AmeriMac

NOVEMBER 30, 2023

In this blog, we will take you through everything you need about commercial real estate appraisal, from defining the term and understanding its importance to exploring the different types of commercial properties that are appraised. A certified appraiser can provide an opinion of value for office buildings.

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Magnusson Group

MARCH 2, 2021

Without documentation, you may be in for a battle. The post Complimentary Appraisal Day- March 9th appeared first on Magnusson Group | Estate Sale | Personal Property Appraisal | NJ. Underwriters will pay upon proof of Photograph & cataloging. Complementary Zoom consultations available to discuss/see your project.

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AmeriMac

APRIL 30, 2024

These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area. The report serves as an official document that provides an objective assessment of the property’s market value.

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Cleveland Appraisal Blog

JULY 6, 2022

.” It then goes on to make an interesting comment: “An appraiser’s inspection is typically limited to those things readily observable without the use of special testing or equipment … An inspection by an appraiser is not the equivalent of an inspection by an inspection professional (e.g., I wish I had it then.

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D Fritz Appraisals

AUGUST 12, 2019

Understanding the differences between an appraisal and an inspection will help you understand when you might need one or the other – or both – before you buy your first home. Let’s explore the similarities and differences between a home inspection and a home appraisal. What Is a Home Appraisal? What Is a Home Inspection?

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Magnusson Group

JULY 22, 2021

Our sessions examine historical documents, autographs, photographs, a publishing company’s archive, prints and printmaking. Texas appraiser, Genice Lee , will be Telling Untold Stories about appraising African American Historic Collections including material culture, photography and documents from the Johnson Publishing Company archives.

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The Robert Weiler Company

OCTOBER 15, 2021

Tip #5: Hire a professional Ohio real estate appraiser to assess the Columbus, Ohio commercial property for sale before signing. In addition to hiring an attorney, assemble a team of experts, particularly professional commercial property appraisers to assess the property prior to signing.

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Birmingham Appraisal

JUNE 21, 2023

Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for real estate agents to navigate the appraisal process effectively.

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Clear Capital

FEBRUARY 23, 2024

If it is not highlighted by the lender, the appraiser should review the income and resale restrictions in the purchase contract, and notify the lender before completing the order that it is a shared equity property. The contract will also likely reference a second document, either a deed restriction or a ground lease.

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Quicken Loans

JUNE 10, 2021

Prepare Your Documents. Keep in mind that you won’t need all of this documentation to get your loan preapproved. Let’s break down the documents you should prepare for your mortgage application. Documentation of your current mortgage. Get The Property Appraised. Receipt of gifted funds. 2 years of W-2s.

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East Coast Appraisal

FEBRUARY 28, 2022

Then, property appraisals are an opportunity for an appraiser to check your home's quality, condition, amenities, location, and other special features that affect its value. Read on to learn some of the key areas appraisers investigate in a home appraisal.

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Appraisal Partners Blog

OCTOBER 28, 2019

The first thing you need to do to begin the process of getting a property appraisal is fill out our online order form. This just allows us to gather the basic information we need about you and your property before finding the appraiser that can carry out the appraisal for you. The Appraisal is Carried Out.

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Appraisal Partners Blog

DECEMBER 27, 2019

Hiring someone to give you an independent appraisal will cost you upfront but is likely to save you longterm. A property appraiser will arrive at your home and inspect the house. . Ensure that all of your documents and photos have been photocopied before you submit anything. .

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East Coast Appraisal

OCTOBER 19, 2021

Whether you are buying, refinancing, or simply insuring a home or piece of property, a home appraisal is an important document in the process that you need to understand. Here are six key words and phrases that you should be familiar with before your next appraisal.

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Birmingham Appraisal

FEBRUARY 28, 2023

Providing information about updates or renovations can help the appraiser estimate effective age more accurately which will have a positive effect on the final opinion of value. As an appraiser, I rely on accurate and complete information to make an objective assessment of the property.

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McKissock

AUGUST 21, 2020

It’s also a good idea to review the appraisal reporting requirements. USPAP STANDARD 2 clearly states the minimum content requirements for reporting a real property appraisal. Upgrade your appraisal career with luxury home appraisals. Reporting requirements. Get the free guide. Development shortcuts?

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McCarthy Appraisal Blog

SEPTEMBER 4, 2018

Ask an appraiser about their education and licensing. Federal law mandates state certification for most appraisers. The two basic licenses are Certified Residential Real Property Appraiser and Certified General Real Property Appraiser. Evaluate the appraiser’s experience.

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The Robert Weiler Company

JANUARY 7, 2021

If there’s a mortgage in place, the landlord or their lessor may request that the tenant provides documentation concerning the lease. This is where the tenant or landlord can document whether the other is in default regarding any obligations in the lease. Cooperation Respecting Mortgages. Estoppel Certificate.

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McKissock

AUGUST 11, 2020

This is especially true because as an appraiser you are pulled in many different directions at once, you’re busy, and sometimes you get clients who don’t want to pay you a lot of money. Don’t revise the value in a previously completed appraisal report without a really good reason. That is a very dangerous way of thinking.

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McKissock

JULY 20, 2021

No matter how the appraisal inspection appears to the uninitiated, it is not the equivalent of a home inspection. An appraiser is required to observe the subject property and the surrounding area for certain factors which affect the subject property. This, in turn, may help you manage your liability.

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Birmingham Appraisal

AUGUST 30, 2023

Inaccurate Property Information: Incorrect property information in public records can lead to inaccurate appraisals. Ensure that the appraiser has access to accurate data about your property. Highlight Unique Features: If your home has unique and valuable features, make sure to point them out to the appraiser.

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Appraisal Buzz

JUNE 20, 2022

Real property appraisers have had quite a bit dumped on them in the past couple of years. The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern.

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AmeriMac

OCTOBER 15, 2023

Form Reviews and Their Significance Form reviews involve a comprehensive examination of the appraisal report and supporting documentation, assessing adherence to industry standards and guidelines. This ensures the appraiser’s work meets financing requirements, such as those set by Freddie Mac and Fannie Mae.

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AmeriMac

JANUARY 19, 2021

Next, you’ll have to provide documentation to support your claims. You may notice in the appraisal that the appraiser didn’t include a certain remodel or additional utility. Most of the time, the appraiser is unable to find permits necessary before they discuss the improvements in their appraisal.

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Real Quantum

JUNE 8, 2022

Applicants need to show evidence of a Bachelor’s degree or higher from an accredited institution unless they are Certified General Real Property Appraisers, in which case this stage is not needed. An appraiser must have at least 4500 hours of documented, specialized appraisal experience which is required to meet strict criteria.

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Appraisal Today

AUGUST 18, 2023

7 Must-Have Apps for Appraisers By: McKissock Excerpts: 1. Dragon Anywhere Dragon Anywhere is a dictation and speech-to-text app that allows you to create, edit, and share documents from your mobile device. Dragon is very well-liked among appraisal professionals, making it number one on our list of must-have apps for appraisers.

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AmeriMac

JULY 25, 2022

What Is Appraisal Review? An appraisal review is an evaluation of an appraisal that is carried out to determine the report’s accuracy and the appraiser’s thoroughness in valuing the property. Appraisal review is an assessment of the appraisal and not the appraiser.

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The Robert Weiler Company

SEPTEMBER 16, 2021

And how does the real estate appraisal process work? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Residential vs. Commercial Property Appraisal and Their Differing Review Process.

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