Housing Wire
AUGUST 28, 2023
In a shrinking mortgage market, fee pressures are the main challenge for appraisers, according to a new survey from the National Association of Realtors. In 2023, nearly half of appraisers surveyed said fee pressure was their biggest challenge, up 20 percentage points since last year.
Appraisal Buzz
SEPTEMBER 20, 2021
As a southern California property appraiser, each year I attend Valuation Expo , the country’s largest trade show for real estate appraisers. Buyers and sellers? Realtors and Property Appraisers? This was originally published on hoskingappraisalgroup.com here. And what does this mean for the economy?
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Housing Wire
APRIL 8, 2021
First, the pre-approval letter tells the seller that you are serious about buying a home and that you have a commitment from a reputable lender on how much it will lend to you. Another seller’s home may need repairs, and you put in your offer the need for a seller credit to pay for them. In an extremely competive market?
Realtor
AUGUST 7, 2019
“The collateral for the loan is the home, so lenders require an independent appraiser to inspect it and advise on its value,” explains Michael Drake , president of PMG Home Loans. And they may not accept an appraisal that the seller did at the time of listing.”. Appraisal value isn’t always the same as market value.
Valcre
OCTOBER 19, 2022
A commercial property appraisal is a crucial component in purchasing a commercial property. It helps to determine the property's value, informing the business owner if the investment is worth it. What Do Appraisers Check for During a Commercial Appraisal?
Realtor
AUGUST 7, 2019
“The collateral for the loan is the home, so lenders require an independent appraiser to inspect it and advise on its value,” explains Michael Drake , president of PMG Home Loans. And they may not accept an appraisal that the seller did at the time of listing.”. Appraisal value isn’t always the same as market value.
East Coast Appraisal
SEPTEMBER 26, 2023
The appraisal process is critical to real estate transactions. Below are tips to help you get the right appraiser. Specialization Residential and commercial property appraisals differ. For example, commercial property appraisal considers income generation, which isn't a factor for residential property appraisal.
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