Appraisal Buzz

APRIL 15, 2024

By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD). These codes, or language, make sense to appraisers but confuse uninitiated readers of our reports. Most appraisers have diversity in their business channels.

Appraisal 397

Appraisal Design Lending Technology 397

Padove Appraisal Service

FEBRUARY 27, 2023

Many people’s experiences with real estate appraisals are limited to mortgage applications. The appraiser is usually selected, and the report ordered through the lender. The task of selecting an appraiser for purposes such as estate planning and settlement, divorce, tax appeal, etc.,

Appraisal 145

Appraisal Real Estate Real Estate Agent Appraisal Process 145

Appraisal Buzz

JULY 20, 2022

She has proven over her career to be an incredibly talented, highly skilled, and diversified leader in the real-estate valuations space. Prior to joining SettlementOne, Michelle served as National Sales and Business Development Manager at Class Valuation, one of the largest appraisal management companies in the country.

Valuation 195

Valuation Clients Appraisal Mortgage Appraisal 195

Birmingham Appraisal

AUGUST 23, 2023

How Can Appraisers and Agents Work Together? In the often chaotic world of real estate, the appraiser-agent relationship can contribute to a smoother process. There are many areas that appraisers and agents can inform and educate one another so that each of their jobs is done more successfully.

Agents 83

Agents Appraisal Valuation Appraisal Process 83

Housing Wire

NOVEMBER 8, 2021

But because inventory remains at record lows, home prices have soared to astonishing highs, and bidding wars still occur in housing market across the country, Pascoe and other real estate agents on the buy-side have had to go the extra mile to fight for their VA clients. We do a lot of seminars,” Armstrong explained. “I

Clients 385

Clients Agents Buyers Sellers 385

AmeriMac

MAY 15, 2024

In this blog, we will delve into the world of relocation appraisals and explore their importance in the relocation industry. We will also discuss the key differences between relocation appraisals and mortgage appraisals to provide a comprehensive understanding of the appraisal process.

Appraisal 36

Appraisal Market Value Mortgage Appraisal Appraisal Process 36

AmeriMac

SEPTEMBER 30, 2023

Relocation appraisal is the process of evaluating a property’s value in the real estate market. It plays a crucial role in today’s real estate market, especially for employees and employers involved in workforce mobility. How is a Relocation Appraisal Different from a Mortgage Appraisal?

Appraisal 36

Appraisal Appraisal Process Real Estate Human Resources 36

Miller Samuel

APRIL 27, 2019

The bill summary was: Relates to the registration of real estate appraisal management companies or an individual or business entity that provides appraisal management services to creditors or to secondary mortgage market participants including affiliates by the department of state. No, it isn't.

Law 367

Law Modernization Appraisal Real Estate 367

AmeriMac

JANUARY 30, 2024

What is a Reverse Mortgage Appraisal? A reverse mortgage appraisal is an evaluation of a property’s value to determine how much money can be borrowed through a reverse mortgage. The appraisal is important because it helps lenders assess the risk associated with the reverse mortgage loan.

Appraisal Process 36

Appraisal Process Mortgage Appraisal Appraisal Mortgage 36

Appraisal Hub

JULY 29, 2021

As a result, appraisal firms found an uptick in the demand for residential appraisals due to the pandemic. There is also a higher demand for desktop appraisal services as well as commercial property appraisers in Toronto. Home and Mortgage Appraisals. Desktop Appraisals. Commercial Appraisals.

Appraisal 78

Appraisal Best Value Renovations Real Estate 78

Housing Wire

AUGUST 3, 2022

Earlier this year, Arcapita , a Bahraini investment firm acquired a stake in Nationwide Property and Appraisal Services for an undisclosed price, giving them access to its 15,000 licensed appraisers. billion real estate appraisal services market has cumulatively grown by 32% since 2008.”.

Valuation 338

Valuation Appraisal Modernization Technology 338

CP Home Appraisals

DECEMBER 12, 2008

Once the HVCC, Home Valuation Code of Conduct, is enacted the majority of lender and mortgage appraisal requests will be diverted through Appraisal Management Companies (AMCs). Although this may curb the evils of “lender pressure” on us appraisers, it will also take up to 50% of our fee!!

Real Estate 78

Real Estate Appraisal Valuation Mortgage Appraisal 78

Birmingham Appraisal

SEPTEMBER 15, 2022

What is a Mortgage Appraisal? A mortgage appraisal is an appraisal that is done for mortgage lending purposes. Lenders, including banks and mortgage companies, require an appraisal to justify the loan they are making. Who is the Appraisal for? This is called equity.

Appraisal 91

Appraisal Inspection Appraisal Process Real Estate Agent 91

Appraisal Hub

NOVEMBER 30, 2023

In the bustling real estate market of Toronto, understanding the true value of your residential property is more crucial than ever. Whether you’re considering selling your home, refinancing your mortgage, or simply looking to understand your property’s market value, a professional residential appraisal is the key.

Appraisal 78

Appraisal Property Taxes Valuation Market Value 78

CP Home Appraisals

DECEMBER 12, 2008

Once the HVCC, Home Valuation Code of Conduct, is enacted the majority of lender and mortgage appraisal requests will be diverted through Appraisal Management Companies (AMCs). Although this may curb the evils of “lender pressure” on us appraisers, it will also take up to 50% of our fee!!

Real Estate 60

Real Estate Appraisal Valuation Mortgage Appraisal 60

AmeriMac

MARCH 29, 2024

One important aspect of the reverse mortgage process is the appraisal, which determines the value of the property and plays a crucial role in determining the size of the loan. Meeting these eligibility criteria is the first step in applying for a reverse mortgage.

Mortgage Appraisal 36

Mortgage Appraisal Appraisal Mortgage Appraisal Process 36

Housing Wire

FEBRUARY 8, 2022

The new policy is welcomed by lenders, who often view appraisals as a “pain point” and have sought to reduce turn-times. But there is at least some skepticism of desktop appraisals from appraisers themselves. Desktop appraisals, he said, still hold the appraiser responsible for getting the correct information.

Appraisal 366

Appraisal Appraisal Process Valuation Renovations 366

McKissock

OCTOBER 12, 2021

There is virtually no way to get a mortgage on the property in its present condition, so it takes a cash buyer. In nine months of market exposure, in this very hot real estate market, there have been no offers. Steve resides in Florida where he is a state-certified general real estate appraiser and a licensed real estate broker.

Appraisal 84

Appraisal Market Value Investors Buyers 84

AmeriMac

MAY 30, 2021

The results of a real estate appraisal carry major implications for borrowers, lenders, and sellers alike. Ultimately, the goal of an appraisal is to determine a fair and reasonable value for any given property. Common Issues With Appraisal Quality Control. AmeriMac Appraisal Management Can Help.

Appraisal 36

Appraisal Real Estate Valuation Legal 36

AmeriMac

MAY 30, 2021

The results of a real estate appraisal carry major implications for borrowers, lenders, and sellers alike. Ultimately, the goal of an appraisal is to determine a fair and reasonable value for any given property. Common Issues With Appraisal Quality Control. AmeriMac Appraisal Management Can Help.

Appraisal 36

Appraisal Real Estate Valuation Legal 36

AmeriMac

MAY 30, 2021

The results of a real estate appraisal carry major implications for borrowers, lenders, and sellers alike. Ultimately, the goal of an appraisal is to determine a fair and reasonable value for any given property. Common Issues With Appraisal Quality Control. AmeriMac Appraisal Management Can Help.

Appraisal 36

Appraisal Real Estate Valuation Legal 36

Appraisal Today

MAY 19, 2023

Chat GPT For Fannie Form Appraisal Reports By Dustin Harris Excerpts: The world of real estate appraisal is constantly evolving (much to our dismay sometimes), and as professionals in this field, it is crucial to stay ahead of the curve by embracing innovative tools and technologies. You need to educate yourself.

Appraisal 52

Appraisal Business Contracts Real Estate 52

Birmingham Appraisal

APRIL 11, 2023

11 Helpful Tips For Choosing Comps Whenever I speak to agents about the real estate market and the appraisal process the one topic that the discussion always leads to is about choosing comps. Appraisers will use the most recent sales available so it stands to reason that agents should do this as well.

Realtors 86

Realtors Bracketing Agents Buyers 86

Appraisal Today

MARCH 15, 2024

NOTE: Please scroll down to read the other topics in this long blog post on USPAP and Personal Inspection, GSE Appraisal Modernization, Transaction costs and values including real estate commissions, unusual homes, mortgage origination stats, etc. =

Appraisal 69

Appraisal Inspection Modernization Business 69

Genworth MI Blog

JUNE 27, 2019

Let’s walk through tips and pointers to help guide you through the do’s and don’ts of communicating with an appraiser, along with tips on how to support your argument when appealing an appraisal. Communicating with the Appraiser: Do’s and Don’ts. Be factual: Use data/information the appraiser would likely have or can verify.

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78

Genworth MI Blog

JUNE 27, 2019

Let’s walk through tips and pointers to help guide you through the do’s and don’ts of communicating with an appraiser, along with tips on how to support your argument when appealing an appraisal. Communicating with the Appraiser: Do’s and Don’ts. Be factual: Use data/information the appraiser would likely have or can verify.

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78

Housing Wire

SEPTEMBER 9, 2020

The old axioms of real estate do not change,” Cordano said. For our seller-clients, we were counseling them on how the buyers waive appraisals or waive mortgage contingencies,” Cordano said. To that tune, Cordano agreed with Harrison that it’s important to stick out in a bidding war.

Agents 481

Agents Marketing Clients Buyers 481

McKissock

JULY 28, 2022

There has been a lot of talk about the Uniform Appraisal Dataset (UAD) and Uniform Residential Appraisal Report (URAR) redesign initiative, and how it will make life easier for appraisers. The mortgage appraisal forms we use today were designed in 2005 using technology and mortgage processes in place at the time.

Appraisal 83

Appraisal Technology Real Estate Valuation 83

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.

Appraisal 96

Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Housing Wire

SEPTEMBER 15, 2021

HW Annual will focus on All Things Housing, bringing together professionals from real estate, closing, valuations and mortgage to tackle some of the most important topics in the industry, with experts and practitioners to give you the information you can’t get anywhere else.

Modernization 303

Modernization Development Valuation Technology 303

Housing Wire

AUGUST 22, 2022

A Maryland couple is suing appraisal firm 20/20 Valuations , its appraiser and mortgage lender loanDepot after their home was appraised at a far lower value than it was a few months later when they removed indications that a Black family lived there.

Appraisal 368

Appraisal Loan Officers Valuation Finance 368