Appraisal Hub

OCTOBER 16, 2020

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. Who conducts the appraisal and why?

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Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. It’s imperative that agents invest their time to properly prepare comps!

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Cleveland Appraisal Blog

JULY 6, 2022

Interestingly, some appraisers don’t like using the term inspection when describing our walking thru a home to observe things like its condition, layout, and other aspects of the home that impact market value. It’s simply a tool to create a detailed floor plan and measure a home. How Can Appraisers Dress in This Heat?

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D Fritz Appraisals

SEPTEMBER 19, 2019

A home or house appraisal is a third-party report written by a professional appraiser who visits the property and does market research to analyze how much the house is worth in today’s market. An appraisal report informs homeowners, home buyers, and mortgage lenders on the market value of the home.

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The Robert Weiler Company

SEPTEMBER 30, 2020

An appraisal review is a second opinion or added insurance for the transaction to ensure the purchase price history, comps, adjustments, and disclaimers are accurate. Essentially, the commercial appraisal reviewer must confirm the report is acceptable, meets standards, and the appraiser had no interest in the property appraised.

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Appraisal Partners Blog

OCTOBER 20, 2019

Appraisers go through a sequential adjustment process. First come transactional adjustments, followed by market condition adjustments, location adjustments and finally physical elements of comparison. Appraisers are typically looking to make adjustments for conditions that may have affected the overall property value first.

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Robinson Appraisal Group

NOVEMBER 16, 2018

As appraisers in this ever changing industry we have seen changes in the market, technology, bank requirements, emergence of management companies and appraisal form changes. The most recent Fannie Mae change is the removal of the 1004MC form in an appraisal. So what is the 1004MC form?

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AmeriMac

NOVEMBER 30, 2023

In this blog, we will take you through everything you need about commercial real estate appraisal, from defining the term and understanding its importance to exploring the different types of commercial properties that are appraised. The property inspection is a crucial step in the commercial appraisal process.

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AmeriMac

APRIL 30, 2024

These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area. What Exactly Is a Commercial Appraisal?

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McCarthy Appraisal Blog

OCTOBER 4, 2018

Homeowner Valuation Appraisals. Today’s market can be challenging. Whether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal from McCarthy Appraisal Services can help you make a better educated decision when determining your selling price.

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The Robert Weiler Company

APRIL 22, 2023

And having local and industry market expertise, a Columbus-based commercial broker can help you find the right space that suits your goals and budget. Consider property insurance (if buying) or rental insurance (if renting). A commercial tenant broker knows the market well and utilizes tools and connections.

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The Robert Weiler Company

SEPTEMBER 16, 2022

Conservation easements have become one of the country’s most popular land conservation tools. This type of conservation method allows its holder (typically a conservation land trust) to protect the land without needing to own or manage the property. Climate Change and Conservation Easement.

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McKissock

AUGUST 13, 2021

Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion. What is in the sales contract that an appraiser actually needs to see? Of course, the number one tool to achieve that is a phony contract showing an inflated price.

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McCarthy Appraisal Blog

SEPTEMBER 4, 2018

You may need the services of a licensed appraiser if you are selling your home yourself or if you want to know the value of your home for refinancing purposes. Prepare a short list of appraisers using the search tools at the Appraisal Institute, the American Society of Appraisers and the Appraisal Subcommittee.

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Appraisal Today

AUGUST 18, 2023

Genius Scan This app gets a lot of love from appraisers. This tool is excellent for making copies of tax records, floor plans, etc. Appraisal Business Tips Humor for Appraisers Fannie: Words and Phrases in Appraisals Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!!

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Listing Spark

FEBRUARY 9, 2023

Here’s all you need to know about home appraisals! What is a home appraisal? A home appraisal is a process in which a licensed appraiser analyzes your property and determines the fair market value of your home. It typically outlines whether the market is improving, stable or declining.

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Clear Capital

MAY 24, 2022

Each year, technology plays more of a role in valuing homes for property appraisals , loan originations, secondary market investments, and even portfolio monitoring. So when it comes to valuing properties in a volatile market, as we experienced in the years since the pandemic, choosing the right AVM is imperative.

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Housing Wire

AUGUST 31, 2023

As such, we are transitioning to a range of options to establish a property’s market value, with the option matching the risk of the collateral and the loan transaction.” As a result, LOs went from juggling refinances to doing everything they could to win in a cold market. The winning recipe for most? Customer experience.

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Cleveland Appraisal Blog

NOVEMBER 11, 2021

One big one is their Zestimate’s inaccuracy at predicting market value, and more specifically, they were relying on their own Zestimates to make important decisions like buying & selling homes. They are excellent at marketing. Just think how much more difficult it would have been to flip in a declining market.”

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McKissock

FEBRUARY 23, 2021

Additionally, it looks at the letter of engagement as a foundation for the assignment, and it gives helpful tips on how to improve your marketing skills and attract more non-lender clients. Residential Appraisal Review and USPAP Compliance. The post What Appraisal CE Courses Are Trending this Month? ” – Cheryl F.

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AmeriMac

JANUARY 19, 2021

Another thing you can do is compare other homes like yours to ensure your property’s upgrades and modifications are up-to-date. After all, listing your improvements is a proven way to market your home better. Can You Change the Appraiser’s opinion? Closely follow the above pointers and get a copy of your appraisal.

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Appraisal Buzz

FEBRUARY 21, 2022

This includes sectors like home appraisals, which might not put a lot of focus on cybersecurity. What cybersecurity concerns should home appraisers be aware of? Even at its lowest, the housing market is a multi-billion-dollar industry, and each purchase can range anywhere from hundreds of thousands to millions of dollars.

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Zillow

JULY 11, 2016

With the right tools, tricks and savvy, the appraisal process can not only go smoothly, it can also help you make a giant financial leap toward a future in a new home. Ideally, your appraiser will be a local who knows the area well and who has been around long enough to see changes in the market.

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McKissock

DECEMBER 28, 2021

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. Desktop appraisals, with information provided by third-party hirelings, may increase.

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Listing Spark

JANUARY 15, 2024

Real estate investors face a lot of challenges, even in Texas markets that are showing a strong ROI for flips and sales. Some of the dominant challenges in the recent real estate market are financing or upfront capital requirements, deciding on a liquidation strategy, and dealing with market fluctuations.

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McKissock

JULY 28, 2020

I think going forward we probably won’t need the number of appraisers that we have today. There are those who continue to sing the praises of AVMs and other regression/modeling tools, and continue to claim that these tools will ultimately be the residential appraiser’s demise. Example: Houses in small towns.

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Realvals

JUNE 18, 2023

In today’s dynamic market, there are many situations where you may need a real estate appraisal. An appraisal provides you with the clearest understanding of the value of your real estate. Whether you are buying, selling, or refinancing, an appraisal helps you make well-informed decisions in the process.

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The Robert Weiler Company

NOVEMBER 9, 2021

GIFTS FOR RESIDENTIAL PROPERTY INVESTORS: Looking for a great gift for house-flippers or buyers taking advantage of a housing market downswing? If your colleague, family member, or friend is purchasing and flipping a property, they’re probably dropping more money on home improvements than most people spend on Black Friday.

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AmeriMac

JANUARY 30, 2024

An appraisal management company is responsible for coordinating the reverse mortgage appraisal to ensure that the property reflects the current market value of the location. During the appraisal process, the homeowner’s current location is taken into account, influencing both the loan approval and property value.

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The Robert Weiler Company

APRIL 20, 2021

These approaches to valuing a business are discussed in more detail, below; however, they are each based on specific criteria, from industry performance to market climate. Elements such as assets (both tangible and intangible), current market conditions, and the circumstances of the business (i.e., The market value approach.

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Housing Wire

AUGUST 18, 2021

But how can we differentiate between a true end-to-end platform versus a tightly integrated collection of disparate tools? Development of this technology was slow initially compared to other markets, but COVID has accelerated it into high gear. These industry factors have brought this debate to the forefront of lenders’ minds.

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Assurance Financial

NOVEMBER 28, 2023

A mortgage is a critical tool to have — it allows you to become a homeowner without putting down hundreds of thousands of dollars on the spot, and it lets you pay off your loan over time. Property search: You search for a property to purchase within the pre-approved loan amount.

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Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. Both GSEs argue that these approaches advance equity.

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Clear Capital

JANUARY 5, 2023

Appraisers are trained to provide an objective, unbiased analysis, but they also must rely upon data and methodologies that have been impacted by the systemic racism of redlining. New technology has emerged to help appraisers digitize the collection of data and respond to a changing regulatory environment. Technological advances.

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