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Is A Cubicasa Scan an Inspection?

Cleveland Appraisal Blog

In one Facebook group the other day, (yes, I’m back on Facebook ) one member mentioned they feel that a person who scans a property to provide an appraiser with a floor plan should be licensed. WHAT IS AN APPRAISAL INSPECTION? Inspection or observation, you pick.

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How to Become a Property Appraiser

McKissock

There are many opportunities for new real estate appraisers entering the profession today. The Bureau of Labor Statistics projects that job growth for appraisers between 2019–2029 will be 3%, which is on pace for all occupations. What’s it like to be an appraiser?

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Appraisal Inspection Vs. Home Inspection: Your Role as an Appraiser

McKissock

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., FHA appraisal assignments ) because they don’t want to be considered a “home inspector.” You were hired to complete an appraisal.

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Property Appraisals: What You Need to Know

Appraisal Hub

A property appraisal is also known as real estate appraisal and it can help you learn your property’s real market value in Toronto. Here are more things you must know about the getting your property appraised: Understanding appraisals. Appraisals

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10 Appraisal Competencies Every Property Appraiser Should Master

McKissock

Whether you’re a new appraiser or a seasoned appraiser looking to grow your income, you probably want to know, “What appraisal competencies do I need to master in order to maximize my success?” Key appraisal competencies. Market your appraisal business.

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4 Mistakes to Avoid During Property Appraisal

East Coast Appraisal

property appraisal is essential in the real estate industry. It aids in determining the property's market value, ensuring the buyer can acquire it at a fair price. Fabricating the Property's Information. Do not provide false information to sway the appraisal's outcome.

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Do You Need a Property Appraisal During Divorce?

East Coast Appraisal

Things can get even messier and more complicated if you and your spouse own property together. Read on to understand how you may divide properties during a divorce and if you will need a property appraisal. Understand How You May Divide Properties During a Divorce.

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Have You Had Your Property Appraised?

Aedis Appraisals

If you are a property owner, you may be used to having a lending institution order an appraisal of your home. However, you may also want to consider having your property appraised independently. Lender-based Inspections. Property Appraisal

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Property Appraisals: What You Need to Know

Aedis Appraisals

Regardless of whether you happen to be the buyer, owner, or seller of a property, it’s important to understand the significance of appraisals and how they affect the inherent value of the property in question. What Is an Appraisal and When Do I Need One?

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Is Property Appraisal an Art or a Science?

AmeriMac

A property appraisal is a process of estimating the value of real estate. Appraisals are almost always used in purchase and sale transactions, where they are used to determine if a home’s price is appropriate for its location, condition and features.

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20 Things Every Appraiser Should Keep in Their Car

McKissock

What are the essential tools and equipment to bring along when completing an on-site appraisal inspection ? Recently we asked our social media communities on Facebook and Twitter , “What’s ONE thing every property appraiser should always keep in their car?”

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Contingency Removal: A Guide For Sellers

Mashvisor

Thus property sellers… Investor Blogs Selling Investment Property Appraisal Home Inspection loans Property MarketplaceContingencies are commonplace in real estate transactions, but they could derail a sale.

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The Loan Officer’s Guide to Appraisals Part 6:  How are FHA Appraisals Different From Others?

Riverfront Appraisals

Right now on our Appraisal Blog, we’re all about helping Loan Officers. This post is part six of a 12-part series we’re calling The Loan Officer’s Guide to Appraisals. The post The Loan Officer’s Guide to Appraisals Part 6: How are FHA Appraisals Different From Others?

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The Loan Officer’s Guide to Appraisals Part 7:  How Can the Appraisal Process be Sped Up?

Riverfront Appraisals

For the past six months, I’ve been blogging with the purpose of assisting loan officers to better understand the appraisal process. So far, we’ve covered final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value, bracketing and FHA appraisals.

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. Opportunities for appraisers in 2022.

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The Loan Officer’s Guide to Appraisals Part 5:  What is bracketing and why do we do it?

Riverfront Appraisals

Right now on our Appraisal Blog, we’re all about helping Loan Officers. This post is part five of a 12-part series we’re calling The Loan Officer’s Guide to Appraisals. The post The Loan Officer’s Guide to Appraisals Part 5: What is bracketing and why do we do it?

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Loan Officer’s Guide to Appraisals Part 3: Communication With The Appraiser

Riverfront Appraisals

This post is part three of a 12-part series we recently launched called The Loan Officer’s Guide to Appraisals. In case you missed part one on the Final Inspection process, go back and read it here.

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FHA Appraisal Tip – Low Water Pressure

Chicagoland Appraisal Blog

If you have a deficient condition such as this you may want to repair it prior to an FHA Appraisal. Appraisers must operate faucets to observe water pressure and flow. This is an example that there is low water pressure and an FHA appraisal will be made subject to repair.

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The Biggest Time Management Challenges for Appraisers

McKissock

Time management challenges are a big issue for many property appraisers. Your income depends on how many appraisal assignments you can complete each month and each year—and you need time to produce each report. Visiting subject properties in-person (4%).

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4 Key Disclosures and Disclaimers for Hybrid Appraisal Reports

McKissock

There are numerous items to consider when deciding whether to accept or complete a hybrid or bifurcated appraisal assignment. Here, we explain four key disclosures and disclaimers to consider including in a hybrid appraisal report. Property inspection disclaimer.

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20 Things Every Appraiser Should Keep in Their Car

Appraisal Buzz

What are the essential tools and equipment to bring along when completing an on-site appraisal inspection ? Recently we asked our social media communities on Facebook and Twitter , “What’s ONE thing every property appraiser should always keep in their car?”

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Incenter Appraisal Management and McKissock Learning Form Desktop Valuation Training Partnership

Appraisal Buzz

LOUIS — January 24, 2022 — With Fannie Mae and Freddie Mac accepting desktop appraisals beginning in March, Incenter Appraisal Management and McKissock Learning are partnering to help appraisers update their remote inspection skills in response. CHARLOTTE, N.C. and ST.

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The Future of Desktop Appraisals

Appraisal Buzz

Are you ready to meet the new GSE requirement of a detailed floor plan for your desktop appraisals? Join us for our upcoming webinar on January 25th at 2 pm, “ The Future of Desktop Appraisals ” with Joshua Walitt and Mark Walser!

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Fannie Mae extends relaxed appraisal, lending standards

Housing Wire

Mortgage giant Fannie Mae extended its relaxed lending and appraisal standards put in place due to COVID-19 into the new year. The flexibilities surrounding verbal verification of employment and appraisals were originally set to expire on Dec.

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TAF Is About To Get PAVEd

Appraiserblogs

The current administration is addressing the lack of diversity in housing valuation head-on with the formation of an interagency task force on Property Appraisal and Valuation Equity (PAVE). Incidentally, The Appraisal Foundation is not part of PAVE Task Force.

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Everything You Should Know About a Home Appraisal

Appraisal Hub

A home appraisal in Toronto is necessary when applying for a mortgage, refinancing, or selling your house. This appraisal will give you critical information to help you make informed choices and understand the true value of the asset. How Do Banks And Other Lenders Use Appraisals?

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FHFA extends relaxed appraisal, lending standards

Housing Wire

The Federal Housing Finance Agency (FHFA) announced on Thursday that it has again extended relaxed lending and appraisal standards for both Fannie Mae and Freddie Mac. Those alternative appraisals may become long-term solutions.

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8 Things to Know About Commercial Real Estate Appraisal

Appraisal Hub

As a business property owner, it is your responsibility to consider certain factors that can affect its value before you buy or sell. After all, every commercial property is different in terms of value, supply, demand, size, location, and other qualities that may affect valuation.

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5 Tips to Help Ensure a Credible Appraisal

Appraisal Hub

If you’re getting a property appraisal in Toronto, you may be wondering about the process. Why did a neighbouring house get a higher appraisal? The key to a successful and accurate property appraisal is to work with experienced appraisers in Toronto.

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FHFA extends relaxed appraisal, lending standards

Housing Wire

The Federal Housing Finance Agency (FHFA) announced on Thursday it has extended relaxed lending and appraisal standards put in place due to COVID-19 another month for both Fannie Mae and Freddie Mac. The post FHFA extends relaxed appraisal, lending standards appeared first on HousingWire.

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How to negotiate your home purchase offer

Housing Wire

Monique Bryher, broker-associate/Realtor at Pinnacle Estate Properties, explained that each home has its own unique situation, and by working together with your home-buying team, you can find ways to use different circumstances to your advantage to make your offer appealing to the seller.

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How Does A Home Appraiser Come Up with A Home’s Value?

Appraisal Hub

It is best to turn to one of the reputable and established appraisal firms in Toronto to hire a professional property appraiser. It is important for property appraisers to be certified in what they do. This way, they can determine the appraisal value of the home.

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11 Things Appraisers Evaluate to Determine a Home’s Value

Appraisal Hub

Appraisers in Toronto are responsible for assessing a home’s condition to provide an expert opinion on its estimated market value. Appraisal firms typically look into different factors to determine the best approach to value that applies to the home. Appraisals

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How to Speed Up the Commercial Real Estate Appraisal Process

Appraisal Hub

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. Appraisals

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Asteroom Announces Launch of New Desktop Appraisal Solution for Appraisal Management Companies

Appraisal Buzz

3D tour technology reveals a new efficient and accurate way to gather data by launching a national network to collect data to complete desktop appraisals. The property can be visited the same day the order is placed so that data is provided to the appraiser the next day.

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How A Home Appraisal Works

Appraisal Hub

Lenders will typically require you to do a home appraisal when applying for a loan, whether you are refinancing your mortgage or in the market to buy a house. You will have to work with a property appraiser who is ideally from one of the top appraisal firms in Toronto.

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What’s a Home Appraisal in Real Estate — and Can I Skip It?

Appraisal Hub

Then you’ll want to meet with credible appraisers in Toronto for a home appraisal. Appraisal firms can provide an unbiased and accurate property appraisal to help buyers, lenders, and sellers make informed decisions. Is a home appraisal required?

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How to Become a Supervisory Appraiser

McKissock

As an experienced appraiser, there are many reasons you may decide to take on a trainee. property inspections), or prepare for retirement. Whatever the reason, supervisors play an essential role in the training and development of future appraisers.

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Common Real Estate Appraisal Myths

East Coast Appraisal

If you wish to buy or sell a home, you have most probably come across the term real estate appraisal — the process of estimating the value of a property. ?. But in addition, you may have heard some misconceptions about appraisals. Find out the top real estate appraisal myths.

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Appraisal Foundation: Appraisers must take course on bias

Housing Wire

Reacting to headlines pointing to racial bias in some home appraisals, the Appraisal Foundation this week said that it would require all appraisers to take a seven-hour course focused on fair housing laws and bias. Soon after, the Appraisal Foundation took control of USPAP.

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