Birmingham Appraisal

SEPTEMBER 28, 2022

Currently, these data collectors have no standardized training or license requirements. A phone app would be utilized to post assignments and anyone willing to take on the assignment would grab it and complete the inspection. I have read where gig-type workers could be utilized to do these assignments.

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Genworth MI Blog

JULY 13, 2023

Appraisal overview The appraisal is a report with an independent opinion of value of how much a property is worth. There is an on-site visual inspection of the property and a suggestion of improvements followed by the research, analysis and development that produces the appraisal report.

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Housing Wire

AUGUST 3, 2023

It is trained on text data and learns to identify patterns from that data to generate human-like text responses. Combining the strengths of AI with the expertise and insights of real estate professionals could provide the best results in accurately assessing the market value of homes.” These are large language models (LLMs).

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DataMaster

APRIL 6, 2021

An appraisal is an unbiased valuation of the fair market value of a home. Appraisers are highly educated and well-trained. An appraiser researches available public information online and does a physical inspection of the home. We must look at the market analysis and where we are coming from. What Is An Appraisal?

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AmeriMac

OCTOBER 19, 2022

If a mortgage is involved in the transaction, an appraisal will always need to be done to come up with the fair market value for the property. The appraiser will go to the property in person to take a look at it and inspect certain areas of the property. Problems like needed repairs can subtract from that value.

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Housing Wire

AUGUST 31, 2023

Last year, Freddie Mac launched another solution that allows a trained property data collector to visit the home and gather images, measurements and property characteristics. Property data collection consists of a complete interior and exterior inspection of the subject property. More recently, Fannie Mae launched a similar solution.

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McKissock

OCTOBER 29, 2021

” “Remain unbiased at all times and use reliable data to support your value conclusions.” ” “Be thorough on your inspections.” The inspection part is the easy part. ” “Find yourself a good mentor who will train you properly, follow the law, and research, research, research.

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DataMaster

APRIL 6, 2021

An appraisal is an unbiased valuation of the fair market value of a home. Appraisers are highly educated and well-trained. The Appraisal Report An appraiser researches available public information online and does a physical inspection of the home. We must look at the market analysis and where we are coming from.

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DataMaster

APRIL 6, 2021

An appraisal is an unbiased valuation of the fair market value of a home. Appraisers are highly educated and well-trained. An appraiser researches available public information online and does a physical inspection of the home. We must look at the market analysis and where we are coming from. What Is An Appraisal?

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AmeriMac

JANUARY 17, 2022

At its core, a home appraisal is a process wherein a trained, licensed professional will come to a home and make a determination of its fair market value. They’ll physically inspect the property and look at a wide range of different characteristics. What Is an Appraisal?

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Town & Country Residential Appraisals

JULY 25, 2022

In the past, I have trained multiple Appraiser Trainees who are successful independent Certified Appraisers today. This is the part that takes the longest amount of time, the most experience and the most amount of training. Most states have very defined laws as to whether or not a trainee can be at a property without their supervisor.

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Cleveland Appraisal Blog

AUGUST 6, 2021

WAIVING HOME INSPECTIONS. He said this year has been extremely slow for him because people are waiving home inspections to get a competitive edge on other buyers, bidding on the same home. Getting a home inspection is a personal decision. They are trained to catch things that most people might miss. Is this wise?

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AmeriMac

OCTOBER 15, 2021

During a traditional home appraisal , a trained, certified professional will enter a house and conduct a thorough examination of both the interior and exterior. That same trained and certified professional will still come out to a property for a visual inspection, it’s just that they never enter the inside of the home at all.

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AmeriMac

APRIL 30, 2024

The appraisal serves as a critical factor in determining the loan amount or investment potential, ensuring that the transaction aligns with fair market value. It begins with an inspection of the subject property, where the licensed commercial real estate appraiser assesses the condition, size, and features of the property.

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Cleveland Appraisal Blog

MAY 27, 2021

While it may seem like many buyers don’t care about what the market value of a home is, I think that we must be careful to not make that assumption. While some may be willing to spend more than market value on a home, in many cases, there is a threshold to the amount a buyer is willing to spend on a home.

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Birmingham Appraisal

FEBRUARY 20, 2024

The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible. If you are an agent that likes to meet the appraiser at the home for the appraisal inspection you could provide it to them in an information packet.

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McKissock

JULY 11, 2022

” Here are two quotes from that article that are still true today: “How credible do you think a current estimate of market value will be if it is based solely on three sales made to low down-payment buyers at the height of the recent feeding frenzy?” The same can’t be said for the other two.

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PennyMac

OCTOBER 10, 2023

A home appraisal is an unbiased report on the value of your home performed by a trained and state-licensed individual. For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property.

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AmeriMac

DECEMBER 1, 2021

During this process, an impartial third party who is trained and certified will come to the home, assess the current condition and use a variety of data points to come up with a fair market value. The Ins And Outs Of Desktop Appraisals.

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AmeriMac

DECEMBER 1, 2021

During this process, an impartial third party who is trained and certified will come to the home, assess the current condition and use a variety of data points to come up with a fair market value. The Ins And Outs Of Desktop Appraisals.

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Sammco Real Estate Appraisal Group

SEPTEMBER 15, 2015

This training is expensive and some appraisers skip this education to save money if they are not doing mortgage work. This is not to be confused with telling the appraiser what value you think the property is worth or the value you want them to produce. Tell them you are looking for current market value as of a certain date.

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Housing Wire

MAY 25, 2021

One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate. Navigating appraisal challenges in today’s housing market. Poor data visibility.

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Boston Appraisal

OCTOBER 27, 2023

Why Property Appraisals are Important in Divorce Cases A property appraisal is an objective and unbiased estimate of the market value of a property, on a given date. The effective date can be different from the date of inspection or the date of report, depending on the circumstances and requirements of the case.

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Realtor

MAY 15, 2023

An appraiser also does a market data analysis, which values other homes in the area, and records the findings in the Uniform Residential Appraisal Report, or URAR. The hybrid appraisal uses a form almost identical to the URAR, but the appraiser doesn’t go to the property. ” Why is the hybrid appraisal becoming popular?

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Appraisal Today

APRIL 12, 2024

Desktop Appraisals: Who, When, and Why Excerpts: The ability to identify property characteristics without a personal inspection is not a new concept. Tax Appeal Support: When there is a challenge to a tax assessment, a desktop appraisal may be used to provide a current market value.

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PennyMac

JULY 20, 2021

Many of them have had great training and even specialized experience working for seasoned Realtors®. Whether it is in regard to staging your home before selling it or worrisome inspection findings, you should be able to trust your agent to give you their expert opinion and guide you away from big mistakes before you make them.

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AmeriMac

JANUARY 3, 2022

A home appraiser is someone who has been both licensed and trained who physically visits the property in question. Then, they’ll compare what they’ve learned to everything they know about the current condition of the home in question to come up with fair market value.

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AmeriMac

JANUARY 3, 2022

A home appraiser is someone who has been both licensed and trained who physically visits the property in question. Then, they’ll compare what they’ve learned to everything they know about the current condition of the home in question to come up with fair market value.

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AmeriMac

NOVEMBER 15, 2021

By far, equity is one of the most important ways to preserve someone’s wealth because in theory, a home should always appreciate in value over time. Therefore, as the fair market value of the home goes up while the amount remaining on the mortgage goes down, equity continues to build over the years.

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AmeriMac

NOVEMBER 15, 2021

By far, equity is one of the most important ways to preserve someone’s wealth because in theory, a home should always appreciate in value over time. Therefore, as the fair market value of the home goes up while the amount remaining on the mortgage goes down, equity continues to build over the years.

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Clear Capital

SEPTEMBER 29, 2021

Clear cCapital just announced that we have acquired a Finnish proptech startup called CubiCasa and CubiCasa is incredibly exciting technology that enables anyone with a smartphone and no training to do a 10-minute walkthrough a property and get a fully detailed, accurate floorplan with gross living area. The home inspection took longer.

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