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How to reduce appraisal turn times and improve the borrower experience

Housing Wire

This allows for a more objective analysis and better compliance, and often translates to a more efficient process with faster turn times, which allows buyers and sellers to transfer real property more cost effectively and with confidence. HW: What are some of the current challenges regarding property tax assessment?

Appraisal 397
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What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Learn how you, the real estate investor, can avoid the bank and make an agreement directly with the seller. A land contract, also known as a land installment contract, is an executory financing agreement between a seller and a buyer.

Contracts 143
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Is Your “Crazy” Neighbor Lowering Your Home’s Value?

Cleveland Appraisal Blog

Second, when searching for sales that are similar to the property being appraised, I’ve never read agent comments in the Multiple Listing Service (MLS) that state, “This home’s list price is being reduced by ten percent because the neighbors are difficult and crazy.”. Sellers want to capitalize on how much they can sell their homes for.

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

Using MLS photos is a joke, as real estate agents don’t take photos of defects. A buyer gets a seller’s disclosure statement for that information. When I started in this business long ago, there was no such thing as a licensed appraiser or a certified real property appraiser. I bought my duplex in 1/86 for $140,000.

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Commercial Real Estate Appraisal and Valuation in the Time of Covid-19: What Is the New Normal?

Simonson Real Estate

One indication of buyer expectations becoming increasingly cautious in the multi-family market is that one commercial real estate broker has reported eight multifamily deals that have been sidelined recently. Property owners that have a good standing with their banks and good cash flow will not see the need to meet buyers’ lower expectations.

Valuation 146
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Appraisals and Valuation Concerns in the Current Market

Simonson Real Estate

One indication of buyer expectations becoming increasingly cautious in the multi-family market is that one commercial real estate broker has reported eight multifamily deals that have been sidelined recently. Property owners that have a good standing with their banks and good cash flow will not see the need to meet buyers’ lower expectations.

Valuation 130
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Uncertain future, forgetting the past

Annarbor Appraisal

On 3/23/20, Governor Gretchen Whitmer announced a “stay at home” order affecting all non-essential businesses, which included real estate showings. Buyers, sellers, and the Realtors who work with them are adaptable, and some transactions have continued via virtual showings. What about property taxes and their effect on affordability?

Buyers 78