Housing Wire

APRIL 13, 2021

Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. Either way, it puts the squeeze on property valuation. Real estate agents and lenders are working together to try to get buyers into houses.

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Housing Wire

APRIL 21, 2021

At the onset of the pandemic in March 2020, the FHFA began easing standards on property appraisals that allowed drive-by and desktop valuations in certain circumstances.

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McKissock

NOVEMBER 30, 2021

As a property appraiser, an important part of your job is keeping up with the latest industry updates and the state of the real estate market. What are some good go-to news sources for appraisers? ” Here’s a breakdown of commonly used appraisal news sources, in order of popularity. CAREA and AI.

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Appraisal Buzz

APRIL 19, 2022

Appraisal management companies (AMC’s) and appraisers can receive ANSI-compliant 2D floor plans with GLA calculations and a complete 3D tour of the interior and exterior, including street view shots, within 24 hours.

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Housing Wire

DECEMBER 28, 2020

“The comments we receive will inform how we will modernize appraisals to improve both loan quality and the origination process.”. At the onset of the pandemic in March, the FHFA began easing standards on property appraisals that allowed drive-by and desktop valuations in certain circumstances.

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The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. After all, it is a detailed activity that can look different depending on the scope and nature of your property.

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AmeriMac

MAY 30, 2024

Introduction The process of appraising a property is crucial in the real estate market. It involves determining the value of a home or property, which is an essential aspect of buying, selling, and financing. This process is conducted entirely at the appraiser’s desk, hence the name “desktop appraisal.”

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Cleveland Appraisal Blog

DECEMBER 31, 2021

While most people choose to sell their home through a real estate agent, others feel more comfortable managing this type of situation themselves. Start by having your property appraised to get a rough idea of what you can sell it for, then compare other listings in your area. – APPRAISAL TODAY.

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McCarthy Appraisal Blog

SEPTEMBER 4, 2018

How to Choose a Real Estate Appraiser? An appraisal is a professional appraiser’s unbiased and impartial opinion of value based on the condition of the property, prevailing real estate prices and other factors. An independent appraisal sets a benchmark value for your real estate.

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Housing Wire

APRIL 8, 2021

Consider an appraisal gap: Adding an appraisal gap to your offer tells the seller that even if the property appraises for less than the purchase price in the contract, you are committing a preset dollar amount to making up the shortfall. There is a chance they could offer an appraisal gap and never have to use it.

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D Fritz Appraisals

MARCH 4, 2024

Don’t overlook the power that landscaping can have in a competitive real estate market. From here, move on to repairs, like replacing rotting deck boards and loose railings, fixing anything that could raise red flags with real estate agents & prospective buyers. Fritz Appraisals Inc. Contact D.

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D Fritz Appraisals

OCTOBER 22, 2019

Looking for a Home Appraisal Company in Victoria, BC? In any of these situations, a property appraisal company can help, and it will be up to you to hire the right company for the job. So, when it’s up to you, how do you know what property appraisal company to hire? Are new schools and hospitals being built nearby?

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McKissock

JANUARY 4, 2022

However, these are the general guidelines you’ll need to follow to meet the Appraisal Qualifications Board (AQB) criteria. Real estate appraiser qualification criteria. Hours required include specific curriculum courses and hours — please see the Real Property Appraiser Qualification Criteria for details.

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D Fritz Appraisals

SEPTEMBER 19, 2019

With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that. Online home value estimates, however, are not a substitute for a house appraisal carried out by a licensed real estate appraiser.

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East Coast Appraisal

OCTOBER 19, 2021

If you are buying a home, your mortgage company orders the appraisal and you receive a copy of the URAR with your closing paperwork, if not sooner. If you are selling a property, you do not receive a copy of the appraisal. Real estate agents and appraisers often say they are going to run the comps.

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Realtor

AUGUST 7, 2019

Furthermore, a lender isn’t likely to even accept your appraisal for its purposes; the lender will want to choose the appraiser to ensure it’s a truly unbiased third party assessing the property. Meanwhile, the appraisal has more to do with “bones” and any significant historical changes made to the property, according to Upton.

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McKissock

MARCH 18, 2022

Recently a lender’s commercial department needed a portfolio of residential properties appraised, so they sent me 14 appraisal orders that I would never have seen if I’d been a Residential Appraiser.”. Resources and helpful info to upgrade your appraisal license.

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Realtor

AUGUST 7, 2019

Furthermore, a lender isn’t likely to even accept your appraisal for its purposes; the lender will want to choose the appraiser to ensure it’s a truly unbiased third party assessing the property. Meanwhile, the appraisal has more to do with “bones” and any significant historical changes made to the property, according to Upton.

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Clear Capital

MARCH 30, 2022

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. Clear Capital ® , a national real estate valuation technology company, has announced the launch of Desktop Appraisal and Desktop Data Collection , two products designed to further modernize and increase certainty in the appraisal process.

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Appraisal Today

SEPTEMBER 22, 2023

Brokers followed with 24%, and appraisal-certified professionals comprised 14% of the respondents. Broker-Associates and Appraisal Licensees accounted for 13% and two percent, respectively, while the remaining two percent reported holding other types of real estate licenses. I see very different levels of inspectors.

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The Robert Weiler Company

JANUARY 7, 2021

Commercial real estate brokers are usually paid solely on commission, and the higher the lease amount, the higher the commission; on the other hand, if no lease is executed, there’s no commission. Keep in mind that you’ll be dealing with a seasoned commercial real estate broker or landlord who will be well-versed and prepared.

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Chicagoland Appraisal Blog

JULY 13, 2017

I don’t quite understand how a perceived shortage of appraisers is contributing to the main problem which is “the appraisers aren’t keeping up with rising prices”. Mr. Gregory and all real estate agents that have had similar experiences have a legitimate problem that they must deal with. Check it out below.

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AmeriMac

JANUARY 19, 2021

Keep in mind there’s always the possibility that your appraiser made an honest mistake when writing your report. Here what you should do is sit down with your real estate agent and review the homes your appraiser deemed similar. Can You Hire Another Appraiser? How do You Review it? A new furnace.

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Appraisal Today

DECEMBER 2, 2022

Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. Excerpts from the letter: … including, but not limited to, experience in real estate market analysis and real estate brokerage, including: • Evaluating and pricing residential real estate.

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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. CMA reports are simple and effective tools.

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McCarthy Appraisal Blog

OCTOBER 4, 2018

Homeowner Valuation Appraisals. 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. Today’s market can be challenging.

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Birmingham Appraisal

FEBRUARY 8, 2023

3 Types of Appraisals I believe real estate agents are advocates for their buyers so today I would like to share three types of appraisals that you should be aware of and how they compare to a traditional appraisal by a licensed or certified appraiser.

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D Fritz Appraisals

MARCH 7, 2019

This information will help you impress the appraiser as well as prospective buyers. Consult pros along the way – Ask your real estate agent, your contractor, or even the owner of the paint store for advice along the way. It’s often free!

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Lamacchia Realty

DECEMBER 21, 2021

If you purchased a house in 2021 or already owned a piece of property but decided to make it your permanent residence, and you didn’t apply for homestead exemptions, you can do it in 2022. Also, you don’t need to wait until 2022 to file for an exemption with the property appraiser’s office.

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Quicken Loans

JUNE 10, 2021

Maybe you’ve tried contacting a real estate agent, who probably told you to call back after you’ve been “preapproved.” As you may have already experienced, without a preapproval , real estate agents aren’t going to give you too much of their valuable time (especially in a seller’s market). Make An Offer.

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McKissock

AUGUST 11, 2020

As a professional appraiser, you don’t want to have a disciplinary complaint filed against you, and you certainly don’t want to be the subject of a complaint that results in disciplinary action. Here are several do’s and don’ts to help you avoid situations that may get you into trouble as a real estate appraiser.

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Appraisal Buzz

JUNE 20, 2022

Real property appraisers have had quite a bit dumped on them in the past couple of years. The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern.

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McKissock

JULY 24, 2020

Each state has its own set of administrative procedures used to handle disciplinary complaints against licensees of various professions, such as appraisers, real estate agents and broker s, doctors, nurses, accountants, etc. Administrative procedures.

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Appraisal Today

AUGUST 18, 2023

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!! The media coverage focuses on real estate agents having difficulty showing homes, etc.

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Appraisal Today

MARCH 15, 2024

Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics. Let the Sunshine In: 5 Gorgeous Glass Houses That Make Full Use of Daylight Saving Time Just For Fun!

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Appraisal Today

JUNE 17, 2022

Excerpt: We continue to see claims alleging that the rural property appraiser failed to adequately identify or report details surrounding a water source. In one claim, the appraiser correctly noted that the property was serviced by a “private water well.” We have never seen a pandemic real estate market before.

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Appraisal Today

JANUARY 20, 2023

Chance to really irritate annoying real estate salespeople. Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. An excellent way to get more appraisal business! ’ Home sellers gave concessions to buyers in 41.9%

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