Housing Wire

APRIL 13, 2021

Jay Garrett, a loan officer at Supreme Lending ’s McClellan Branch in Austin, said he is seeing 10 to 40 offers on houses no matter where they are in Austin, and cash offers are winning the day because sellers don’t want to have to worry about the house appraising too low for someone who needs financing. “If

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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

Housing Wire

JULY 12, 2022

Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. At $50 to $100 per inspection, according to ProxyPics, it’s certainly less expensive than sending an appraiser. An offer comes in at 5 p.m.

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Appraisal Inspection Real Estate Agent Training 407

Housing Wire

MARCH 3, 2021

In a statement , the Appraisal Foundation’s Appraisal Standards Board Chair Wayne Miller said “pressing issues” have arisen in appraisals over the past year, ranging from concerns about fair housing matters to how to conduct a socially distanced property inspection in the midst of COVID-19.

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Housing Wire

OCTOBER 26, 2020

Working with some of the nation’s largest banks and mortgage servicers, offering asset management, property disposition, title, close, valuation, and field services through an integrated, technology-driven platform. The app, Inspex , provides lenders a way to offer borrowers an easy valuation that accelerates loan application approvals.

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Clients Valuation Technology Inspection 382

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. Creating Accurate Initial Expectations: Agents and appraisers collaborating early in the process help set accurate expectations for buyers and sellers.

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Agents Appraisal Valuation Appraisal Process 82

AmeriMac

DECEMBER 30, 2023

Understanding the process and implications of these appraisals is crucial for both homebuyers and sellers. Lastly, we will compare REO appraisals to home inspections and answer whether they are mandatory for all property transactions. Real estate transactions can be complex, especially regarding REO a ppraisals.

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Real Estate Appraisal Inspection Appraisal Process 36

Housing Wire

AUGUST 3, 2023

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” Which real estate functions can AI outperform humans I asked GPT-4 about real estate valuation. However, GPT-4 concluded that while, “AI can enhance the process of real estate valuation, it may not completely replace human judgment.

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Real Estate Agent Real Estate Agents Tools 370

Appraisal Hub

MARCH 19, 2023

How Can Buyers And Sellers Benefit From Appraisals? For example, the report will reveal if you are paying too much for the home so that you can renegotiate with the seller. is proud to offer reliable, unbiased property appraisals that ensure the interests of buyers, sellers, and lenders are all protected. Appraisal Hub Inc.

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Appraisal Property Appraisal Sellers Mortgage Appraisal 78

Housing Wire

AUGUST 11, 2023

“The second part of the strategy is to offer a wider variety of valuation options.” From a modernization perspective, we want to promote consistent and fair valuation outcomes, simplify the loan manufacturing process, reduce borrower costs and effectively manage risk. If we can check those boxes, we succeed.

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Valuation Modernization Training Appraisal Process 353

Housing Wire

JULY 1, 2021

Anything the seller can do to minimize the work buyers need to put into the home can help add to its value. That being said, we look at certain items on our inspections that play into the final valuation depending on the home.”. For example, hardwood floors would likely be appraised as higher value than vinyl.

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Renovations Appraisal Valuation Investing 417

Boston Appraisal

DECEMBER 11, 2023

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers.

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Appraisal Process Real Estate Appraisal Easement 78

Quicken Loans

JUNE 3, 2021

You may already be aware of iBuyers and what they have to offer prospective home buyers and sellers. But for those who want to understand what all the hoopla is about and what it entails for buyers, sellers and agents alike, here’s what you should know. Offerpad will even pay for professional movers when sellers relocate locally.

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East Coast Appraisal

AUGUST 11, 2022

Many home sellers shy away from property appraisal because they believe the process only caters to the buyer's needs. However, property appraisal benefits both the buyer and the seller. For the seller, a home appraisal ensures they price their property correctly. Home Appraisal Is the Same As a Home Inspection.

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Real Estate Appraisal Renovations Market Value 52

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

Housing Wire

AUGUST 31, 2023

Property data collection consists of a complete interior and exterior inspection of the subject property. For example, Class Valuation , one of the nation’s largest AMCs, provides its data collectors with imagery technology that creates a digital twin of the property. What is property data collection? But you already know this.

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Modernization Appraisal Inspection Valuation 388

AmeriMac

APRIL 30, 2024

A commercial appraisal serves as a basis for negotiations between buyers and sellers, as it provides an objective assessment of a property’s worth. For buyers, it helps in determining a fair price to offer, while sellers can use it to showcase the value of their property.

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Appraisal Appraisal Process Valuation Real Estate 36

Housing Wire

MAY 2, 2021

One of the first steps in determining a property’s value is the use of an Automated Valuation Model (AVM). Total Home Value x (THV x ) from CoreLogic is a state-of-the-art AVM built to simplify and standardize valuation through the loan lifecycle. With that said, not every AVM is created equal.

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Valuation Home Value Lending Technology 355

Appraisal Hub

JANUARY 11, 2021

After all, every commercial property is different in terms of value, supply, demand, size, location, and other qualities that may affect valuation. It’s not the same as a property inspection. The inspection process is also a part of the appraisal. It may also be done to assess damages or help in corporate mergers.

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Real Estate Appraisal Property Appraisal Inspection 78

AmeriMac

MAY 10, 2023

In the world of property transactions, appraisal reviews play a vital role in ensuring accurate property valuation. In this blog post, we’ll dive deep into the purpose of appraisal reviews, how they ensure accuracy in property valuation, and the different types of appraisal review reports that exist.

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Appraisal Valuation Legal Inspection 36

Birmingham Appraisal

SEPTEMBER 15, 2022

You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection. As a new homeowner, you might be confused about the differences between an appraisal and a home inspection. Other users might be sellers, mortgage underwriting, banks, and contractors.

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Appraisal Inspection Appraisal Process Real Estate Agent 90

DataMaster

APRIL 6, 2021

In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. An appraisal is an unbiased valuation of the fair market value of a home. An appraiser researches available public information online and does a physical inspection of the home. What Is An Appraisal?

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Appraisal Appraisal Process Buyers Legal 158

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. Importance of Accurate Pricing Accurate pricing is vital for both sellers and buyers. Here are some valuable insights and tips: 1.

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Real Estate Agent Real Estate Agents Appraisal 75

McKissock

MARCH 8, 2022

Does USPAP require me to complete an inspection? Won’t these types of valuations be risky for the lender? An appraiser may be able to conduct a virtual inspection remotely; however, this would still be considered a desktop appraisal. Does USPAP require me to complete an inspection? Are there any state restrictions?

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Appraisal Inspection Real Estate Agent Technology 88

AmeriMac

NOVEMBER 30, 2023

Commercial appraisals are relied upon by property owners, buyers, sellers, investors, and lenders to make informed decisions. Property Inspection During the property inspection, the appraiser evaluates the condition, size, amenities, and marketability of the property.

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Appraisal Real Estate Appraisal Process Inspection 36

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

AmeriMac

JANUARY 15, 2024

The home appraisal process involves a thorough inspection of the property, analysis of market conditions, and the creation of a comprehensive appraisal report. The appraisal report provides an accurate valuation of the property, which is crucial for both buyers and sellers in real estate transactions.

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Appraisal Appraisal Process Valuation Real Estate 36

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.

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Agents Appraisal Real Estate Agent Bracketing 86

Clear Capital

AUGUST 22, 2023

Read our full blog post about ACE+ PDR to learn more about this collation valuation option. Without any guideposts to direct attention to specific areas of the PDR, the reader must sift through the data to identify whether the property requires repair, inspection, or the PDR must be upgraded to a hybrid appraisal.

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Appraisal Inspection Modernization Training 36

Realtor

OCTOBER 21, 2016

Every VA purchase loan requires an appraisal, which includes the valuation of the property along with a high-level check of the home’s condition. It’s a broad-based approach not to be confused with a home inspection , which is a more detailed look at the property. What if the home I love doesn’t meet these standards?

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Eppraisal

JANUARY 29, 2023

Contacting the Seller The first question a buyer must answer is whether the lot is listed for sale or not. For a property that is listed with a real estate broker, the prospective purchaser should retain an experienced buyer's real estate broker to facilitate negotiations with the seller's broker.

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Development Counter Offer Easement Legal 36

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. It's important to reverse engineer the sales process as a seller as you will want to understand who your target buyer is and that is likely someone working with a Realtor.

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Real Estate Agent Real Estate Realtors Contracts 133

McKissock

MARCH 28, 2023

I blend this with occasional review work and traditional valuation for banks/lenders, and it’s been a blessing to keep afloat during these very difficult times!” ” “Being able to provide an ANSI compliant sketch and opinion of value is very important to any seller or agent/broker. We do that.

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Lending Appraisal Property Taxes Training 99

Will Springer Realtor

MAY 11, 2021

We have seen how technology helps consumers in many areas of residential real estate – from home-price-valuation sites to phone-app mortgage applications. Instead, deep-pocketed investors, known as iBuyers , make “instant” offers that forgo the sellers’ need to have the home listed on the MLS and prepare it for buyers on the open market.

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Sellers Agents Technology Real Estate 36

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

DataMaster

APRIL 6, 2021

In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. An appraisal is an unbiased valuation of the fair market value of a home. The Appraisal Report An appraiser researches available public information online and does a physical inspection of the home.

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

DataMaster

APRIL 6, 2021

In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. An appraisal is an unbiased valuation of the fair market value of a home. An appraiser researches available public information online and does a physical inspection of the home. What Is An Appraisal?

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Appraisal Appraisal Process Buyers Legal 78