Appraisal Buzz

APRIL 18, 2024

There are nearly six million more jobs now compared to pre-COVID highs, which suggests more aspiring home buyers exist in the market.” Frankly, it’s a great time to list with ongoing multiple offers on mid-priced properties and, overall, home prices continuing to rise.”

Inventory 195

Inventory Realtors Buyers Appraisal 195

Empire Appraisal Group

OCTOBER 19, 2023

Why you should get an appraisal before you list a home for sale. Getting your home appraised before listing it for sale is a wise decision that can benefit both sellers and buyers in the real estate market. Transparent Transaction : A pre-listing appraisal demonstrates transparency and honesty to potential buyers.

Appraisal 78

Appraisal Real Estate Sellers Buyers 78

Housing Wire

MARCH 22, 2021

Interestingly, Redfin data showed waiving the inspection contingency and conducting a pre-inspection – meaning the buyer conducted an inspection before making an offer – had no significant impact on whether a prospective buyer wins a bidding war. Anything below list price, regardless of the terms, just can’t compete.”

Inspection 545

Inspection Inventory Buyers Sellers 545

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 82

Agents Appraisal Valuation Appraisal Process 82

Housing Wire

NOVEMBER 8, 2021

First, he has his clients lender call the listing agent. This is an absolute must, especially in the market right now as it gives the lender an opportunity to fill the listing agent in on the buyer’s background and how the VA loan process works,” Pascoe explained.

Clients 397

Clients Agents Buyers Sellers 397

Housing Wire

JULY 29, 2022

That marks the first month since July 2019 (pre-pandemic) that housing inventory increased year over year. The dip in competition often allows homebuyers to make less risky offers that avoid waiving protections like home inspections and appraisal contingencies. New home listings also were down 4.4% year-over-year decline.

Inventory 466

Inventory Housing Market Inspection Marketing 466

Appraisal Buzz

OCTOBER 18, 2021

Black Knight has announced that it has expanded its offerings to include home care from Househappy, an all-in-one application that enables homeowners to digitally track home maintenance information and schedule repairs and services from a list of pre-approved, vetted contractors.

Appraisal 195

Appraisal Mortgage 195

Appraisal Buzz

OCTOBER 18, 2021

Black Knight has announced that it has expanded its offerings to include home care from Househappy, an all-in-one application that enables homeowners to digitally track home maintenance information and schedule repairs and services from a list of pre-approved, vetted contractors.

Appraisal 195

Appraisal Mortgage 195

Appraisal Buzz

APRIL 29, 2024

This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Some other features we have in our magazine include Buzztoon comics, as well as crazy stories from appraisers and readers like you! If you want to make sure you are receiving the print version of the Appraisal Buzz magazine in your mailbox, sign up HERE.

Clients 195

Clients Business Appraisal Lending 195

Appraisal Buzz

OCTOBER 31, 2022

While homes that sell are still doing so relatively quickly – slower than at the height of last year’s frenzy, but more quickly than pre-pandemic norms – a new Zillow analysis finds other homes are lingering on the market much longer, pointing to the need for sellers to build an attractive and competitively priced listing to attract a buyer.

Housing Market 150

Housing Market Marketing Sellers Buyers 150

Appraisal Buzz

SEPTEMBER 27, 2021

You can hardly post anything on an appraisal forum or social media without the first 17 comments stating, “I do non-lender work.” Expanding your appraisal practice through non-lender work can lead to many benefits including increased revenue as well as greater independence and efficiency.

Real Estate Agent 370

Real Estate Agent Real Estate Valuation Appraisal 370

Housing Wire

AUGUST 18, 2023

A great Listing pre-qualification script pulls out critical facts so you can be best prepared to not just take the listing, but to price it right in the first place! All pricing scripts are best used at the listing table! Don’t lose the listing of a motivated, have-to-sell seller over price. Shouldn’t it be you?

Sellers 370

Sellers Construction Real Estate Finance 370

Housing Wire

FEBRUARY 8, 2022

Desktop appraisals arrived in March of 2020, allowing the housing market to keep humming while many stayed indoors to prevent the spread of COVID-19. Allowing appraisals without a walk-through was one of several flexibilities the Federal Housing Finance Agency allowed in light of the pandemic. Scott Murphy, CEO of D.S.

Appraisal 370

Appraisal Appraisal Process Valuation Renovations 370

Housing Wire

NOVEMBER 1, 2023

In metros across the country, decade after decade, pre-internet and post-internet, buyer agents almost always get 2-3% of the sale price, paid by the seller, the researchers note. One of the researchers, Will Fried, had a hunch. and relied on salaried agents rather than commission-paid agents, who typically cost sellers 5-6%.

Clients 432

Clients Agents Buyers Sellers 432

CM Appraisals

MARCH 10, 2021

By Tom Horn on Mar 09, 2021

Appraisal 78

Appraisal 78

Realtor

OCTOBER 16, 2023

. “Buyers may not be able to even see a home without providing a copy of their pre-approval letter just to schedule an appointment,” says Ameer. “Many listing agents are requiring that, no matter the price range. Pre-approval is better because it means lenders have reviewed your finances. ” 9. .

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Housing Wire

FEBRUARY 18, 2022

This week’s HW+ member spotlight features John Brenan, vice president of Valuation Policy and chief appraiser at Clear Capital. Brenan has more than four decades of experience in the appraisal industry, previously serving in leadership roles at The Appraisal Foundation and the State of California Bureau of Real Estate Appraisers.

Training 384

Training Valuation Appraisal Real Estate 384

Housing Wire

DECEMBER 8, 2023

For instance, are your buyer clients also listing clients? Guide them through escrow Once you’ve won the offer, help your clients through the contingencies, inspections, the appraisal process and the final walk-through. What steps must they take to achieve loan commitment? Are they relocating? Should they buy first or sell first?

Clients 431

Clients Real Estate Inspection Buyers 431

Housing Wire

JULY 25, 2022

Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. In March 2022, the median list price of a home was up 21.4% Other signs of a slowing market include fewer showings on listings and a higher level of sensitivity to over-pricing.

Housing Market 370

Housing Market Marketing Real Estate Real Estate Agent 370

Birmingham Appraisal

OCTOBER 26, 2022

Some sellers are living in the pre-interest rate shift era that occurred in the first half of this year when they should be living in the present. 2) What are other similar homes currently listed for? After considering recent closed sales your next step should be to look at how much other similar homes are being listed for.

Marketing 92

Marketing Buyers Appraisal Real Estate 92

Housing Wire

MAY 20, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. As we head into spring I do expect to see continued appreciation, and I am hopeful we will continue to see more listings come on the market. Bluffton, South Carolina. Greenwich, Connecticut.

Housing Market 410

Housing Market Marketing Real Estate Agent Real Estate 410

Housing Wire

OCTOBER 2, 2022

On the list are rivals such as loanDepot , Mountain West Financial , AmeriSave, Point Mortgage Corporation , Stearns Wholesale (owned by Guaranteed Rate ) and Finance of America’s forward wholesale business. . The wholesale space, like other channels, has been affected by surging mortgage rates and shrinking origination volumes.

Business 370

Business Retail Mortgage Brokerage 370

Realtor

FEBRUARY 13, 2023

While the USDA doesn’t endorse one specific lender over another, it does have a list of guaranteed loan lenders that you can search by state online. Step 3: Pre-qualify for a USDA loan Once you know which type of USDA loan to get, you’ll need to get pre-qualified.

Development 156

Development Loan Officers Appraisal Finance 156

Clear Capital

APRIL 1, 2024

That’s why we’ve enhanced our pre-check rules – the risk indicators you encounter upon uploading your report that address our most common correction requests! These alerts are listed under “Warnings.” Use the “Back to step 1 – Upload File” link (shown below) to review the pre-check flagged items in the report.

Appraisal 36

Appraisal Training 36

Miller Samuel

FEBRUARY 12, 2019

When Jeff and Marie asked me to be formally interviewed for their blog " The Apple Peeled " I was happy to do so, especially because I could veer off the road into issues about the current mortgage and appraisal process. In 2009, the average discount from listing was 10.2%. In-Depth Look at the State of Appraisals.

Marketing 221

Marketing Real Estate Appraisal Sellers 221

Appraisal Today

JANUARY 19, 2024

The Sopranos – Lupertazzi’s Rough Up Appraiser To watch, click the video above. Members of the Lupertazzi Crime Family rough up an appraiser who is involved with Tony’s HUD scam. I will never forget “I’m only the appraiser!” Therefore, the appraisal industry must begin to push back.

Appraisal 72

Appraisal Contracts Real Estate Architecture 72

Cleveland Appraisal Blog

AUGUST 13, 2023

Thank you so much for continuing to read articles from the Cleveland Appraisal Blog! You can also listen right here at Cleveland Appraisal Blog! www.homevaluestories.libsyn.com I am a member of the National Association of Appraisers. – APPRAISAL TODAY How Close is Close Enough? I hope you enjoyed this article!

Appraisal 254

Appraisal Inspection Transportation Renovations 254

Town & Country Residential Appraisals

JULY 31, 2023

At Town & Country Residential Appraisals, we are overflowing with appreciation as we extend our sincerest thanks to those who have supported us throughout our journey. Your confidence in our expertise drives us to continuously raise the bar in providing exceptional residential appraisal solutions. We can’t say thank you enough.

Renovations 62

Renovations Real Estate Appraisal Construction 62

McKissock

MARCH 28, 2023

In times like the present when the housing market is slow, you can help your appraisal business thrive by offering additional services beyond mortgage lending appraisals. As part of our monthly survey series, we asked real estate appraisers, “What type of non-lending appraisal work are you MOST interested in pursuing?

Lending 99

Lending Appraisal Property Taxes Training 99

Lamacchia Realty

MARCH 12, 2024

Pre-Approval Letter or Pre-Commitment Have your lender keep your pre-approval letter or pre-commitment current (within 20 days of rates making any sort of significant move), and if possible, specific to the property you’re bidding on. The tricky part is figuring out how much over the listing price you should offer.

Buyers 71

Buyers Inspection Sellers Real Estate 71

Birmingham Appraisal

NOVEMBER 8, 2022

What Information Is Included In A Real Estate Appraisal Report? This is a question I often get when someone is ordering an appraisal. I perform appraisals for multiple reasons, including estate planning , probate , divorce , PMI cancellation , pre-listing , and pre-purchase. Appraisal Process.

Real Estate 83

Real Estate Appraisal Appraisal Process Construction 83

Birmingham Appraisal

MARCH 26, 2024

This decline in the number of houses sold in some areas has made it difficult to do appraisals because of the lack of comps. Appraisal Process To answer this it’s important to understand the appraisal process. Appraisal Process To answer this it’s important to understand the appraisal process.

Construction 79

Construction Appraisal Process Appraisal Bracketing 79

Housing Wire

APRIL 19, 2021

The CFPB also withdrew its name from a statement outlining flexibilities on industry appraisal standards, rolled back leniency on credit reporting, and rescinded flexibilities on reporting Home Mortgage Disclosure Act data. The next day the CFPB released a compliance bulletin warning servicers that “unprepared is unacceptable.”

Mortgage 421

Mortgage Government Law Insurance 421

Birmingham Appraisal

MARCH 26, 2024

This decline in the number of houses sold in some areas has made it difficult to do appraisals because of the lack of comps. They wanted to know if it was okay to use new construction sales in an appraisal of an older home. Appraisal Process To answer this it’s important to understand the appraisal process.

Construction 71

Construction Appraisal Appraisal Process Bracketing 71

Aspen Appraisal Group

SEPTEMBER 25, 2020

An essential aspect of selling or buying a home is the appraisal. An appraisal on a home is an unbiased evaluation of what the property is worth. The appraisal includes an in-person inspection of the home and its condition along with comparable home sales in the market and within the neighborhood.

Appraisal 78

Appraisal Property Taxes Market Value Lending 78

McKissock

AUGUST 10, 2021

Appraising a luxury home can be stressful, so preparation is important before commencing with a luxury home inspection. Carefully research the subject property prior to the appraisal inspection , keeping the following in mind: Online mapping (aerial, satellite, GIS) can help with a preliminary search. Research the subject property.

Inspection 104

Inspection Renovations Valuation Appraisal 104

Chicagoland Appraisal Blog

FEBRUARY 28, 2018

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. Do you want to know what is happening in your market?

Appraisal Tips 78

Appraisal Tips Appraisal Property Appraisal Inspection 78