Housing Wire

MAY 23, 2023

In March , Fannie Mae released an update to its Seller’s Guide that outlined more options for property valuations, including value acceptance (formerly appraisal waivers), value acceptance plus property data and hybrid appraisals. These additional valuation options will lessen the opportunity for appraisal bias.” Johnson said.

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Appraisal Buzz

APRIL 19, 2022

today launched its new nationwide desktop appraisal data collection service to fully enable the new property valuation method called desktop appraisal endorsed and approved by Fannie Mae and Freddie Mac that started on March 19, 2022. San Francisco, CA–Asteroom Inc. About Asteroom Inc.:

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Appraiserblogs

APRIL 25, 2023

Unlicensed Data Collectors by Leigh Brown, President of the NC Association of REALTORS. Fannie Mae has been working hard to get rid of appraisers for years. Their latest twist is to re-categorize many appraisers as “Unlicensed Data Collectors.” AI meets with Fannie Mae regulators to. Related Posts: No Appraisals Required.

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National Association of Realtors

NOVEMBER 30, 2023

These types of assignments don’t require appraisers to inspect the interior or exterior of a property. Your care can make such valuations more reliable.

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Appraisal Inspection Agents Valuation 86

Birmingham Appraisal

FEBRUARY 8, 2023

The only appraisal that use to be done, and that most people are familiar with, was a full appraisal by a licensed or certified person who would physically inspect the property and then write up the report and deliver it to the lender. Instead of getting a traditional appraisal, the bank will use an Automated Valuation Model or AVM.

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Realtors Appraisal Market Value Real Estate Agent 77

Housing Wire

JANUARY 25, 2022

This will range from the technology used to conduct home appraisals and valuations, as well as the technology that lenders and appraisal vendors use to manage their operational workflows. We could soon be in a position where the majority of home inspections (including measurements, photos, etc.)

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Technology Appraisal Modernization Valuation 352

Cleveland Appraisal Blog

MAY 12, 2022

And I remember the first time I started using a digital camera instead of a 35mm camera to take pictures during my inspections. They ended up converting the assignment to a traditional type of appraisal so that I could just make the inspection myself. Ironically, when making the inspection myself, no interior walls need to be provided.

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Inspection Appraisal Tools Advertising 341

Appraisal Buzz

JULY 26, 2021

The Urban Institute recently released a blog post entitled – Increasing Diversity in the Appraisal Profession Combined with Short-Term Solutions Can Help Address Valuation Bias for Homeowners of Color. being an existing realtor. The article accurately notes the lack of diversity in the appraisal profession.

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Appraisal Real Estate Inspection Training 370

Eppraisal

MAY 19, 2023

AVM (Automated Valuation Model) is a computer-generated estimate of a property's value based on data such as recent sales in the area, public records, and local market trends. A realtor can provide personalized advice: A realtor can provide personalized advice on how to improve your home's value before listing it on the market.

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D Fritz Appraisals

MAY 13, 2024

The initial phase involves conducting a thorough inspection to identify any necessary repairs or improvements that could increase the property’s value and attractiveness. Additionally, it is important to ensure that all systems, including heating, plumbing, and electrical systems, are in working order to pass home inspections.

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Real Estate Buyers Sellers Appraisal 115

D Fritz Appraisals

JANUARY 8, 2022

With commercial drone use now legal in Canada, it’s worth considering whether drone photography and videography is also helpful for real estate appraisal inspections. Also known as UAS (Unmanned Aerial Systems), drones help build an impressive amount of information for real estate marketing and valuation. . What is Drone Photography?

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Real Estate Appraisal Inspection Real Estate Agent 88

Birmingham Appraisal

AUGUST 23, 2023

Understanding the Roles: Agents and Appraisers: Real estate agents bring their expertise in marketing and negotiations, while appraisers provide impartial and accurate property valuations. Navigating Complex Properties: In cases of unique or complex properties, agents and appraisers collaborate to ensure accurate valuations.

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Agents Appraisal Valuation Appraisal Process 82

Genworth MI Blog

JULY 13, 2023

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. Thus, the parties conducting each part of the appraisal, inspection vs. research, are completed by two different people instead of one.

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Appraisal Inspection HOA Real Estate 78

D Fritz Appraisals

MARCH 16, 2021

Be Prepared for an Appraisal for a Positive Impact on Your Home’s Valuation. It takes the home itself, the neighbourhood and the available historical data into account to determine the most accurate valuation. Things like cracked tiles, broken fixtures or an outdated countertop can add up to thousands less in your home valuation.

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Appraisal HOA Easement Valuation 126

Raleigh Realty

MARCH 23, 2021

The question should I sell my home for sale by owner or without a Realtor® is likely one asked by every home seller with the thought of trying to save money. Buyers want to work with the best local Realtors® to help them when buying a home because it is such a large financial purchase with so many different components involved.

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Real Estate Agent Real Estate Realtors Contracts 133

Realtor

MAY 18, 2018

That’s instead of having professional appraisers come out to physically inspect the homes, look at recent sales data in the area, and perform their own analyses to come up with the valuation. But “the longer it hasn’t been appraised, the more apt you are not going to get a property inspection waiver.”.

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Appraisal Inspection Buyers Valuation 78

Realtor

MAY 18, 2018

That’s instead of having professional appraisers come out to physically inspect the homes, look at recent sales data in the area, and perform their own analyses to come up with the valuation. But “the longer it hasn’t been appraised, the more apt you are not going to get a property inspection waiver.”.

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Appraisal Inspection Buyers Valuation 78

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. For the above reasons, it is very important for accurate valuations during the home-buying process. Are you a cross your fingers type of listing agent when it comes to appraisals?

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Agents Appraisal Real Estate Agent Bracketing 86

AmeriMac

OCTOBER 30, 2023

The appraisal industry has undergone a significant transformation in recent years, with the emergence of alternate valuation products like the property inspection waiver program. In this blog post, we will look in-depth at alternate valuation products, how they work, and their potential to replace traditional appraisal methods.

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Houston Properties

MAY 6, 2020

A home seller guide from the number one Realtor in Houston. Free Home Valuation. Best Houston Realtor To Sell My House. "What You get one of the most successful Realtors worldwide – Paige is ranked #5 in Keller Williams worldwide. Find Out How Much Your Home Is Worth: Get A Free Valuation Report Now!

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Renovations Realtors Sellers Home Improvement 66

Houston Properties

JULY 22, 2022

Use this Houston home valuation tool from HoustonProperties.com. Get A FREE Home Valuation Enter your email to receive a free, easy to read seller's guide on how to sell your house in the shortest time for the most money. The Best Houston Realtor to Sell Your Home. Top Houston Realtor To Sell My House. Value Your Home.

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Home Value Real Estate Agent Real Estate Realtors 36

Cleveland Appraisal Blog

JANUARY 21, 2021

So, we will call for an qualified professional to inspect the situation to see what, if anything, needs to be done. A Realtor, a Lender and an Appraiser Walk Into a Bar – Appraiser eLearning Podcast with Bryan Reynolds. Of course, sometimes, the foundation wall needs to be replaced. NON-STRUCTURAL. What a Newbie Needs to do!

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Appraisal Inspection Real Estate Market Value 233

Appraisal Today

NOVEMBER 4, 2022

Keep them up to date in every step of the report so that they can keep the Lender (and the Buyer/Seller/Realtor/Closing Attorneys when applicable) all in the loop on the progress of the report. Appraisers tend to get annoyed with constant emails from the AMC about inspection date, completion, report submission, etc. How got your name.

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Reconsideration of Value Appraisal Inspection Advertising 52

The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. Note: A commercial property valuation is considered the equivalent of an appraisal, and the words are sometimes used interchangeably. You may need a commercial valuation for many reasons.

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Real Estate Appraisal Property Appraisal Valuation 60

Raleigh Realty

FEBRUARY 19, 2022

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Just because the home hasn't been lived in, doesn't mean the valuation couldn't be off. This can be one notable exception to lower the valuation of a newly constructed home.

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Appraisal Process Appraisal Construction Sellers 139

Houston Properties

MAY 24, 2021

Expert home seller guide from the number one Realtor in Memorial Villages. Free Home Valuation. Best Houston Realtor To Sell My House. Get A FREE Home Valuation Enter your email to receive a free, easy to read seller's guide on how to sell your house in the shortest time for the most money. more and for 43.7% Get PDF Now.

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Realtors Sellers Valuation Renovations 36

Appraisal Buzz

SEPTEMBER 1, 2021

LLC, a leading provider of real estate valuation solutions with their flagship valuation platform called – Profet.ai. This partnership will reduce the friction in the bifurcated appraisal process by enabling a seamless integration of property inspection data and analytics in appraisal workflows. Our goal with Profet.ai

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Appraisal Valuation Real Estate Modernization 195

Housing Wire

MAY 25, 2021

A 2017 study conducted by the National Association of Realtors found that “lack of training, downward trends in compensation, and increasing regulation,” were driving both existing and would-be appraisers away from the industry. In these scenarios, no inspection or appraisal of any kind is performed on the property.

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Appraisal Today

AUGUST 18, 2023

As you may have heard, a cyberattack has shut down Rapattoni, a property data provider, leaving realtors and appraisers in 12 states without access to MLS data. This was the same process many of us underwent with the exterior-only (drive-by) inspections. How will this affect your appraisal reports if you work in the affected areas?

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Appraisal Contracts Inspection Real Estate 75

Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions.

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Real Estate Agent Real Estate Agents Appraisal 75

Houston Properties

JUNE 11, 2020

Free Home Valuation. Best Houston Realtor To Sell My House. "The Get A FREE Home Valuation Enter your email to receive a free, easy to read seller's guide on how to sell your house in the shortest time for the most money. We Market Your Home To The Realtors® Most Likely To Bring You A Buyer. searches made every day.

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Marketing Open Houses Buyers Realtors 41

Appraisal Today

APRIL 7, 2023

I would say about 90% of the voicemails that I receive are from an irate homeowner worried about a rate lock or a stressed out realtor wondering if they are going to close on time. AMCs Assuring that the appraiser has the correct contact information for an inspection is very important.

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Appraisal Property Taxes Reconsideration of Value Contracts 52

Houston Properties

JANUARY 13, 2021

Get a free home valuation for your house and trends in your neighborhood. Top Ranked Realtors: Paige Martin & The Houston Properties Team. For advice on the 2020 Houston housing market forecast, contact Paige Martin, the #1 Keller Williams Realtor in Houston and #1 Realtor in the state of Texas. I May Need To Sell.

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Housing Market Marketing Real Estate Realtors 68

Appraisal Today

DECEMBER 2, 2022

The National Association of REALTORS® believes there are alternatives to some of the experience requirements that the AQB should consider. Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. which can relate to valuation. He remembered me from Valuation 2000.

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Appraisal Agents Real Estate Real Estate Agent 81

Quicken Loans

JUNE 3, 2021

The most successful realtors and agents are finding ways to incorporate technology into their practices to increase their efficiency and draw in more clients, but the rising popularity of iBuying platforms has led to a whole new wave of trepidation. After a homeowner accepts an offer, the iBuyer will set up and pay for a home inspection.

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Sellers Buyers Agents Real Estate Agent 55

DW Slater Company

FEBRUARY 24, 2022

Some of the current new tools and technology that I am aware of that assist with Desktops and Hybrids are: RemoteVal- This tool is a free app from Incenter that allows the appraiser and homeowner to inspect, view, measure, and take pictures of a property remotely. InsideMaps – A tool that provides mapping, sketches, and tours of homes.

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Tools Inspection Appraisal Technology 149

AmeriMac

APRIL 15, 2024

Some lenders, such as Fannie Mae, even allow for a property inspection waiver (PIW) in certain cases, making the appraisal process even quicker. Understanding these next steps, including following up with your realtor or bank, can help you make informed decisions and navigate the post-appraisal phase successfully.

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Appraisal Appraisal Process Real Estate Renovations 36