Town & Country Residential Appraisals

SEPTEMBER 12, 2022

Modular and manufactured homes are both prefabricated structures, however, there is a noted difference between the two. Confusion abounds because many real estate professionals use the words Modular, Manufactured, Doublewide, Mobile Home and Trailer seemingly interchangeably. These are two distinctly difference codes.

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Housing Wire

NOVEMBER 30, 2023

Your path to real estate licensure begins with 120 hours of classes in an approved Ohio real estate license education program. From completing your required coursework to taking the licensing exam, keep reading to learn how to become a real estate agent in Ohio. Be honest and truthful Not be convicted of a disqualifying offense.

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Empire Appraisal Group

FEBRUARY 9, 2023

officials hope for change, but if destruction surpasses 50% of a home’s value – not including the land – it falls under newer and costlier building codes. Building departments take the assessed value of a home in a flood plain and divide that number by two. NAPLES, Fla. The total value of the repairs cannot exceed this figure.

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Empire Appraisal Group

JANUARY 27, 2022

Printed homes are coming to a new community in Austin, Texas. Lennar, one of the nation’s largest homebuilders, announced it was partnering with the startup ICON to build the largest community of 3D-printed homes to date. 3D-printed homes are touted as faster to build and less expensive.

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Town & Country Residential Appraisals

JULY 5, 2022

The role of the appraiser is to be an unbiased objective party within the many facets of the lending process whether it be for a purchase, home equity loan or refinance. That leaves one party in which there is no incentive because they get paid a flat fee regardless of price or a closing… the appraiser.

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Raleigh Realty

FEBRUARY 19, 2022

Appraisals 101: What to Expect From the Home Appraisal Process Wondering what to expect from your home appraisal? You've found a home you love, put down an offer you're excited about, and the closing date is fast approaching. Now it's time for the home appraisal. What is a Home Appraisal?

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Appraisal Today

MARCH 22, 2024

For instance, in the subject’s market, a mountain view could significantly impact the demand and marketability of a vacation condominium home. Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!!

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Appraisal Today

JULY 1, 2022

Excerpts: Appraisers, this article was prompted by my ‘coming in contact with several appraisal reports where different regional appraisers report the physical location of the subject property “in” a particular City associated with the postal ZIP Code for that City. This shows 5 ZIP Codes in a region.

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McKissock

JUNE 17, 2022

The COVID-19 pandemic has accelerated the shift to desktop appraisals. As of mid-March 2022, banks and mortgage lenders can now use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages. Want to stay ahead of the curve with desktop appraisals and the latest technology?

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Appraisal Today

APRIL 19, 2024

Appraisal Institute Counters Flawed Appraiser Bias Narrative Excerpts: In reality, appraisers have a great story to tell, but we have a long way to go to refocus the terribly flawed “appraiser bias” narrative onto facts and science. Industry groups should also step up to support appraisers. It is human nature.

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McKissock

OCTOBER 5, 2020

Once an agent has done the hard work of winning a listing or gaining a buyer , searching for a home, or setting up scheduling requirements in the MLS is next. Once an agent has done the hard work of winning a listing or gaining a buyer , searching for a home, or setting up scheduling requirements in the MLS is next.

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AmeriMac

MARCH 15, 2024

Appraisal Management Companies (AMCs) play a crucial role in the real estate industry by providing independent appraisal services to lenders and other clients. While most people are familiar with the concept of an appraiser, many may not be aware of the important role that AMCs play in the appraisal process.

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Raleigh Realty

JULY 31, 2022

Major Home Inspection Issues and How to Handle Repairs If your home inspection turns up any of these 7 major issues it could be time to negotiate some mandatory fixes with the seller before you proceed with purchasing the home. After a home inspection, issues are going to arise. Structural Issues 1. Structural Issues 1.

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Appraisal Today

OCTOBER 7, 2022

NAR Appraisal Survey 2022. Excerpts from NAR Report (link below): In May 2022, NAR Research conducted a survey of all 9,700 appraiser members and 50,000 randomly-selected non-appraiser members. The typical appraiser reports a 40-mile radius in which they conduct appraisals.

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The Robert Weiler Company

OCTOBER 15, 2021

Not only is our neighborhood home to some of the largest U.S. As with homes and vehicles, there are pros and cons to buying commercial real estate. Consider this: According to Crain’s Chicago Business, Columbus saw the most substantial increase in total home value in the country. Welcome to our thriving community!

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Appraisal Today

JANUARY 5, 2024

Bradley, SRA, CDEI, McKissock Learning On May 5, 2023, the Appraisal Standards Board (ASB) voted to adopt changes to the Uniform Standards of Professional Appraisal Practice (USPAP), which will become effective January 1, 2024. I suppose it is because most appraisals are done (now) for residential lending purposes.

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Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes. We need a good Appraiser PR Campaign!

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Real Estate Agent Real Estate Appraisal Agents 52

Realtor

JANUARY 27, 2020

But what happens when the deceased didn’t bequeath a home to an heir? If you’ve just been appointed executor of a home that’s going through a probate sale, here are the fees you should be aware of. The last will and testament is taken into account and executed according to the deceased’s wishes. Attorneys fees.

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Realtor

JANUARY 27, 2020

But what happens when the deceased didn’t bequeath a home to an heir? If you’ve just been appointed executor of a home that’s going through a probate sale, here are the fees you should be aware of. The last will and testament is taken into account and executed according to the deceased’s wishes. Attorneys fees.

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Real Estate Insurance Legal Appraisal 78

Housing Wire

JUNE 7, 2021

Recently, at an event marking the 100th anniversary of the Tulsa Race Massacre , President Biden announced the launch of a new interagency task force to root out what it calls inequity in the appraisal industry. The dramatic change in value from two appraisals seems unusual. The first appraisal came back at $405k.

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AmeriMac

MAY 24, 2022

Appraisals are generally required when purchasing most residential and commercial properties, for lenders rely on these assessments to determine and confirm property values. Appraisal management companies take the burden of managing many appraisals off of lenders’ shoulders. What is an Appraisal Management Company?

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AmeriMac

APRIL 29, 2021

No matter if you’re purchasing a home or selling your home, obtaining a home appraisal is a key step during the transaction. While home appraisals help lenders confirm accurate sales prices, sellers can benefit from receiving the best and most precise price for their homes.

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Appraisal Appraisal Process Inspection Sellers 36

AmeriMac

APRIL 29, 2021

No matter if you’re purchasing a home or selling your home, obtaining a home appraisal is a key step during the transaction. While home appraisals help lenders confirm accurate sales prices, sellers can benefit from receiving the best and most precise price for their homes.

Appraisal 36

Appraisal Appraisal Process Inspection Sellers 36

AmeriMac

APRIL 29, 2021

No matter if you’re purchasing a home or selling your home, obtaining a home appraisal is a key step during the transaction. While home appraisals help lenders confirm accurate sales prices, sellers can benefit from receiving the best and most precise price for their homes.

Appraisal 36

Appraisal Appraisal Process Inspection Sellers 36

Housing Wire

JUNE 28, 2021

He started contracting with home mortgage lenders to appraise the value of the property tied to a loan. “It He reentered the appraisal business through a different door. He reentered the appraisal business through a different door. The church never quite paid the bills, and DeZarn needed a flexible second job.

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Appraiserblogs

FEBRUARY 5, 2024

Being beaten up about a fee increase request, new higher technology fees, or losing out to an order in a ridiculous bidding war and learning the AMC made more money than the appraiser on an order, or even having an order cancelled because someone else offered to take less compensation, are only a few of the issues the appraisal industry is facing.

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Appraisal Today

FEBRUARY 3, 2023

23, 2023 My comment: This only applies to residential lending appraisals, of course. My non-lender appraisals have changed very little with few, if any new “requirements”. That’s an outlay of significant cash BEFORE actually connecting with an appraiser who will put the PAREA-educated appraiser to work.

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AmeriMac

SEPTEMBER 1, 2021

An Appraisal Management Company is more than just an appraiser. They go through the administrative process of actually hiring and retaining an appraiser. The AMC will generally have “on call” appraisers that they use regularly for specific projects. Basic FAQs About Appraisal Management Companies.

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Appraiserblogs

SEPTEMBER 20, 2023

It’s a Great Time to Leave the Appraisal Profession. I can hear the chorus of my fellow appraisers rising up in disagreement with me. I envision many of them screaming, “But I love being an appraiser”! I loved being an appraiser too. No appraisal required on those! Yeah, I hear you.

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Listing Spark

MARCH 15, 2022

You’ve probably heard the saying “you have to spend money to make money” That is especially true when it comes to your home. Here are a few tips on how to avoid hurting your home appraisal: What is a home appraisal? These two appraisal types differ very little in how they are calculated.

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Appraisal Today

NOVEMBER 10, 2022

12 Unacceptable Appraisal Practices from Freddie Mac. Here are 5: Reliance in any appraisal analysis on inappropriate comparable sales, or the failure to use comparable sales that are more similar to or nearer to the subject property without adequate explanation. Review appraiser liability. Appraisal Business Tips .

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Appraisal Buzz

FEBRUARY 21, 2022

This includes sectors like home appraisals, which might not put a lot of focus on cybersecurity. What cybersecurity concerns should home appraisers be aware of? While the company took measures to correct the situation, the backlash of a security incident is something no appraisal firm wants to deal with.

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Housing Wire

OCTOBER 16, 2020

The Appraisal Institute , American Society of Appraisers , American Society of Farm Managers and Rural Appraisers , and the Massachusetts Board of Real Estate Appraisers announced a concerted effort to combat unconscious bias and discrimination in a release on Friday.

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Appraiserblogs

FEBRUARY 27, 2023

For an appraiser to arbitrarily go into another area to get "comps" merely… The post Look in the Mirror appeared on Appraisers Blogs. For an appraiser to arbitrarily go into another area to get "comps" merely… The post Look in the Mirror appeared on Appraisers Blogs.

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Appraiserblogs

OCTOBER 12, 2022

The government wants to move to a fully automated appraisal format, and the more that they can dirty the narrative in their favor, the quicker they get to their objective… This just in: In a recent memo, the CFPB wants you to know that if you are buying a home, that you can contest your appraisal. This isn’t new.

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Housing Wire

SEPTEMBER 28, 2023

million households lost their homes to foreclosure. The mortgage lending industry exists to make home loans, not to repossess them. Even though mortgage origination volumes are down, we’re experiencing a highly competitive purchase market. But for those who haven’t done their homework, this is not an easy step, nor is it easy money.

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Appraiserblogs

FEBRUARY 10, 2022

Are desktop appraisals with third-party inspectors protecting the public, or are these products about to destroy the very profession I love so much. The Uniform Standards of Appraisal Practice (USPAP) are the key to maintaining public trust in real estate transactions. Desktop Appraisals, Panaceas for…. Appraisers,….

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