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In Real Estate Appraisals A Photo is Worth A Thousand Words

Clear Capital

From informing medical diagnostics to measuring investor sentiment, using technology to scan images has brought revolutionary advancements across fields. For example, real estate appraisal photos must be clear, correctly labeled, and show any home improvements or blemishes. Detect Appraisal Photo Errors with ClearPhoto.

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15 Reasons Your Home May Not Appraise for the Expected Value: Tips for Homeowners

Birmingham Appraisal

A Look at Why Your Home May Not Appraise for The Expected Value When it comes to selling or refinancing your home, one of the crucial steps is the appraisal process. Appraisals determine the market value of your property, which affects your ability to secure a loan or make a profitable sale.

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Zillow Estimates vs. Appraisals: Why Zillow Shouldn’t Be Used for Appraisals

AmeriMac

One of the great things about modern technology is that we’ve never had more information at our fingertips. You can type in any address you want and in a few quick seconds pull up information about the home, see pictures from recent listings and even find its current value… right? Case in point: real estate.

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Tools To Support Appraisal Adjustments

Appraisal Today

Popular tools include Synapse by Spark, Solomon Adjustment Calculator, and Redstone by Bradford Technologies. Click here = Appraisals for estates and trusts The most popular non-lender appraisals Topics include: Estate/trust liability advice Use the IRS definition of Fair Market Value What forms to use? Worth reading.

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How to Build Equity in Your Home

Assurance Financial

Home equity is simply the difference between your home’s value and the amount you owe on the mortgage. If you own your home free and clear, your equity is the same as the property’s value. Suppose your home’s market value is $300,000. Safety is another thing to consider.

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The Hybrid Appraisal: It’s Cheaper, but Does It Protect Homebuyers?

Realtor

In a traditional appraisal, an appraiser goes to a home and does a thorough walk-through, recording details like square footage, acreage, number of bedrooms and bathrooms, home improvements, and additions. The hybrid appraisal has been around for about 13 years and was mainly used for foreclosures and short sales.

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Fannie Files Complaint Against Appraiser

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post Modular Homes Data Plates, ADU income, Pickleball courts and other interesting home improvements, , unusual homes, mortgage origination and more! The Unique Mountain House in Nevada City, CA listed for $3.3