Appraisal Today

SEPTEMBER 22, 2023

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Brokers followed with 24%, and appraisal-certified professionals comprised 14% of the respondents. To read more, click here My comments: Now we know what NAR members think about it.

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Appraisal Training Inspection Real Estate 86

Raleigh Realty

MARCH 23, 2021

How to Sell a House By Owner (FSBO) Before selling your home for sale by owner, it's important to understand the pros and cons, what's involved, and what to expect throughout the process. Do you really save money though when you sell by owner? So he made more money when he sold with a Realtor and paid a 6 commission fee.

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Real Estate Agent Real Estate Realtors Contracts 133

McKissock

SEPTEMBER 28, 2021

Time management challenges are a big issue for many property appraisers. Your income depends on how many appraisal assignments you can complete each month and each year—and you need time to produce each report. In other words, time is money. In this business you have to answer the phone in case it is a solid call.”

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Appraisal Property Appraisal Loan Officers Clients 85

Appraisal Today

DECEMBER 8, 2023

OK to average adjusted comps on appraisal? In other words, Fannie Mae does not want you averaging the indicated values from the Sales Comparison Approach, Cost Approach, and Income Approach in order to arrive at an opinion of value. In other words, which comparable deviates the least from the mean?

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Appraisal Real Estate Contracts Design 66

Appraisal Today

AUGUST 18, 2023

7 Must-Have Apps for Appraisers By: McKissock Excerpts: 1. Dragon Anywhere Dragon Anywhere is a dictation and speech-to-text app that allows you to create, edit, and share documents from your mobile device. This professional-grade dictation service could save you tons of time on typing reports and taking notes in the field.

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Appraisal Contracts Inspection Real Estate 74

Birmingham Appraisal

JUNE 1, 2022

As an appraiser, we must stay on top of what is going on in the market or we can miss the mark on value. Because real estate agents and appraisers are striving for similar results (estimating accurate value) we can all gain valuable insight from the same market data. Are you analyzing what is happening now or 6 months ago?

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Agents Marketing Contracts Inventory 52

Quicken Loans

JUNE 8, 2021

Looking to buy a new home but worried you won’t be able to afford the monthly mortgage payment that comes with it? Or maybe you want to buy in a popular neighborhood, but you think its homes are too expensive for your budget? Purchasing a foreclosed home might be the solution. How To Buy A Foreclosed Home.

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Real Estate Agent Inspection Government Real Estate 72

Appraisal Today

APRIL 14, 2023

Appraising Fixer Uppers Excerpts: We’re all familiar with the term “fixer-upper.” The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. Maybe a couple new terms should be discussed: “sweat equity incentive” and “sweat equity profit.” In my MLS “contractor special” is often used.

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Appraisal Bracketing Contracts Valuation 52

The People's Appraisal Blog

JANUARY 30, 2019

” I am owed $20,000.00″ “I am owed $2000.00” “I am owed $500.00” “I am owed $1500.00” These are just some of the quotes pulled from various groups, message boards and forums from appraisers all over the country that are owed money for the appraisal services they provided.

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Appraisal Agents Law Real Estate 36

Appraisal Today

NOVEMBER 10, 2023

More Objective Appraisals: A Practical Guide for Appraisers By Scott Reuter Single-Family Chief Appraisal Officer, Freddie Mac Excerpts: Changing the Mindset – Facts First What’s the number one thing appraisers should be doing when they develop an appraisal? Not just a list of words and phrases.

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Appraisal Contracts Design Mortgage 62

Raleigh Realty

AUGUST 20, 2022

Hidden Costs when Purchasing a Home There are hidden costs when buying a home, including closing costs, insurance, or utility costs. When many buyers consider the cost of purchasing a home, the mortgage payment is typically the expense that immediately comes to mind. You do not pay your Realtor as a buyer.

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Property Taxes Real Estate Agent Insurance Real Estate 78

PennyMac

JULY 10, 2023

There are many incremental tasks to complete as you prepare to sell your home, but a successful transaction starts with looking at the big picture. Before you take a single interior photo or begin painting your trim, it’s crucial you take a moment and assess your situation properly. Will you use a real estate agent?

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Real Estate Agent Real Estate Agents Buyers 36

The Robert Weiler Company

SEPTEMBER 7, 2022

Why should you buy land in Ohio? Below, we explore why it’s a good idea to buy land in Ohio; the benefits of buying land to build a house or business; and we even detail some alternatives to buying real property… from your couch, if you’re not ready to buy land for sale! ” Hint: Yes, it is! ” U.S.

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Investing Business Real Estate Buyers 78

The Robert Weiler Company

NOVEMBER 10, 2021

Knowing what pitfalls to avoid and what opportunities to grab hold of are critical. Not only in the current economic moment but whenever you or your company decide to make the deep dive. How To Find Commercial Real Estate Properties: Knowing Your Swim Lane. By comparison, an Olympic-sized pool contains 13,455 square feet.

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Real Estate Retail Investing Tenants 78

Clear Capital

JULY 26, 2022

Automated valuation models (AVMs) are a cost-and-time-efficient solution for valuing lower-risk properties in home equity lending, portfolio valuation, pre-valuation decisions, and more. Simply put, you want to know if you’re working with a marketing-grade or lending-grade AVM. The expectation is for this trend to continue.

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Valuation Lending Tools Real Estate 69