Appraisal Buzz

APRIL 8, 2024

One of its most intriguing applications lies in the domain of appraisals. As industries grapple with the challenges of transparency, accuracy, and trustworthiness in valuation processes, blockchain emerges as a beacon of hope. Understanding the Basics: What is Blockchain?

Technology 418

Technology Appraisal Valuation Supply Chain 418

Advanced Appraisal

FEBRUARY 27, 2019

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Appraisal Process Appraisal 78

Appraisal Buzz

JULY 15, 2024

This is a continuation of the April 15, 2024 article “ From Forms to Reports: A Look at the UAD Overhaul ” I am named after my father, who passed away in 2000. I had just returned from college, and back then, there was no appraisal software available. Dad was an SRA who brought me into the business and mentored me back in 1982.

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Appraisal Design Appraisal Process Valuation 363

Cleveland Appraisal Blog

AUGUST 25, 2022

Cleveland Appraisal Blog offers a wealth of free information on every aspect of the appraisal process. I always appreciate Jessica’s articles! A big thank you to Jessica for writing this article for the Cleveland Appraisal Blog and a big thank you to you for being here to read it! Let us know !

Investing 332

Investing Renovations Landlords Real Estate 332

Appraisal Buzz

MARCH 8, 2022

In January 2022, Fannie Mae and Freddie Mac announced a desktop appraisal option that goes live in mid-March 2022. In various articles and opinion pieces, some claim that desktop appraisals will solve the appraiser shortage and modernize the appraisal process, while others claim that they will cause the demise of the appraisal profession.

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Appraisal Modernization Appraisal Process 195

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Real estate agents also need appraisals for properties that may be more difficult to price. I’m not going to dive into the nuances of these different types of appraisal work in this article. In this article, I’m going to share some things that have helped me to do so. GET A WEBSITE. Write about what you do know.

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Business Appraisal Real Estate Agent Lending 393

Appraisal Buzz

NOVEMBER 1, 2021

This article is the final submission in a 3-part series which uses probability theory as a useful tool for answering some of the difficult questions which have faced appraisers, particularly in rapidly changing market conditions. Conclusion.

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Appraisal Tools Appraisal Process Legal 370

Appraisal Buzz

DECEMBER 9, 2024

The goal is to make sure every adjustment is defensible, based on empirical evidence, and can withstand scrutiny from all stakeholders involved in the appraisal process. This is a fair assessment of the example, but nonetheless, the balance of this article will show you some ways to support the adjustment applied, if any.

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Appraisal Marketing Valuation Tools 358

Simonson Real Estate

DECEMBER 6, 2022

Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.

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Appraisal Process Real Estate Appraisal Renovations 78

Appraisal Buzz

SEPTEMBER 5, 2022

Communication took on many forms, including development of written documents stating client reporting requirements, utilizing technology platforms to increase transparency throughout the appraisal process, and developing feedback to the appraiser on appraisal submissions. Complexity in Process and Properties.

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Appraisal Modernization Appraisal Process Technology 281

Cleveland Appraisal Blog

OCTOBER 29, 2021

To make this determination, the appraiser must first determine the Highest and Best Use of the land. The use of the word “home” in this article, is referring to the property “improvements”) There are several data sources that appraisers use to obtain this information. Here’s one way.

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Appraisal Development Finance Lending 365

Housing Wire

AUGUST 30, 2022

Some lenders are contemplating changes to their origination channels such as the re-emergence of equity lending via HELOC and Second Loan products, according to this recent HousingWire article. Some studies suggest the number of active appraisers is steadily declining by an average of 2.6%

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Tools Lending Valuation Technology 435

Appraisal Buzz

JANUARY 31, 2022

I do not have enough hard drive to write about all the compounding issues and possible solutions that could assist everyone in streamlining the real estate industry (call me, ASC), however, there is one major word that can decrease appraisal turn time as well as decrease the tension in the industry: Communication. …I’ll see myself out).

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Inspection Appraisal Process Appraisal Clients 195

Housing Wire

APRIL 27, 2021

Here it is: another article about appraisal modernization. Many are tired of hearing about how the appraisal industry needs to change and progress. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents.

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Modernization Appraisal HOA Valuation 347

McKissock

SEPTEMBER 8, 2020

Previously, we asked our real estate appraisal community, “What’s your favorite part of the appraisal process ?” This time, we asked appraisers, “What part of the appraisal process do you find the most challenging? What part of the appraisal process do you find the most challenging?

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Appraisal Process Appraisal Valuation Clients 65

Appraiserblogs

JULY 24, 2024

The HousingWire article highlighting that only 40% of homes sold include an “accurate” appraisal, as defined by the Corporate Settlement Solutions (CSS) report, is deeply problematic and indicative of a concerning lack of understanding around the appraisal process.

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Appraisal Appraisal Process Market Value Marketing 128

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

If an agent includes the square footage of a finished basement in what they report as finished above-ground square footage, this can have a negative impact on the appraisal process. In my last article, I discussed how the square footage of many homes, as reported in public records, is inaccurate. I hope you will also… .

Agents 373

Agents Appraisal Renovations Development 373

Cleveland Appraisal Blog

JANUARY 7, 2021

CONSIDERING LAND IN THE APPRAISAL PROCESS. When appraising a property, we must analyze what the highest and best use of the land is. I’m not going to delve into the highest and best use topic in this article. I’m working on a new article that will be out in a couple of weeks. Be safe out there!

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Appraisal Inspection Legal Real Estate 344

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

If a lender pushes back, my advice to appraisers is to not cave to the pressure of the lender. If the appraiser did not make a mistake, and the lender just doesn’t understand the appraisal process, that’s a golden time to help educate the lender. I hope you’ve been enjoying their articles!

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Appraisal Development Valuation Market Value 337

Appraisal Buzz

MAY 9, 2022

It is no secret that log homes do not appraise well. In the past, almost every major log home magazine has posted an article on the topic. The question is raised as to what is the real problem with log home valuation and what is the problem with appraisers working in the niche log home market?

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Valuation Legal Construction Appraisal 396

Chicagoland Appraisal Blog

NOVEMBER 8, 2021

2 months ago I wrote an article comparing Zillow’s Zestimate program to a regular appraisal process. The article describes “Zillow Group’s AI-power house flipping operation as a dismal failure”. To my dismay, I didn’t expect the large disparity which recently led to the end of Zillows flipping scheme.

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Housing Market Marketing Real Estate Agent Appraisal Process 148

Appraisal Buzz

MAY 31, 2022

This series of articles explores the role of appraisal review processes in the risk system in the format of mortgage lending for 1-4 family real estate. Throughout, I’ll address current practices and processes of appraisal review, measuring change through observations, and insight as to what is to come.

Real Estate 221

Real Estate Valuation Lending Appraisal 221

Appraisal Partners Blog

JANUARY 20, 2025

Whether you’re buying, selling, or refinancing, an appraisal plays a vital role in determining the true market value of a property. But what exactly is a residential appraisal, why is it necessary, and what factors influence the final valuation? Appraisers look for recently sold properties similar to the one being appraised.

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Appraisal Inspection Valuation Appraisal Process 78

Appraiserblogs

APRIL 18, 2024

Throughout the history of mortgage banking and lending in the United States, underwriting policies have significantly influenced the appraisal process for home purchases and refinances. Appraisers must follow underwriter appraisal review guidelines meticulously to ensure their appraisal reports are accepted by the lender.

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Modernization Appraisal Process Appraisal Finance 120

Appraisal Buzz

JUNE 6, 2022

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. Now is your last time to sign up to receive the Appraisal Buzz Magazine for free from the Appraisal Buzz Premium Membership ! They have that much variance in what they demand of the appraisal process.

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Appraisal Clients Inspection Appraisal Process 221

Appraisal Today

DECEMBER 6, 2024

What level of data and analysis does an appraiser need to present when providing support for market conditions adjustments? The following is where I have arrived at developing answers: To read more, Click Here My comments: Worth reading the full article, plus the appraiser comments. What is appraisal? I comply with USPAP.

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Appraisal Marketing Real Estate Buyers 72

Appraiserblogs

SEPTEMBER 22, 2021

“Digitizing the entire appraisal process”… what does this even mean? According to the article written by Richard Torne in Mortgage Professional America, Class Valuation has announced the acquisition of DataMaster. No more tape measures? No more typing? What exactly is being digitized that is not already digitized?…

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Appraisal Valuation Appraisal Process Mortgage 102

Boston Appraisal

FEBRUARY 11, 2024

Introduction Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Leveraging Market Data The appraisal process begins with a thorough analysis of market data, focusing on sales of properties that share historical or antique characteristics.

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Appraisal Renovations Architecture Appraisal Process 147

Appraiserblogs

OCTOBER 31, 2022

Appraisers, this is a long article but it’s important, as it reveals how you are being discredited in the work you do.

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Appraisal Appraisal Process Marketing Contracts 111

Appraiserblogs

SEPTEMBER 20, 2021

Could this be another reason why so many real estate appraisers refuse to do bifurcated hybrid appraisals? Recently, a Mueller Services ‘inspector’ posted a comment on the article titled “Mueller Sample Report. You Decide!“

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Appraisal Real Estate Appraisal Process Training 112

DataMaster

APRIL 6, 2021

If you’re an appraiser and you’re reading this, you already know the details. But do your customers understand how an appraisal works? Share this article with them and chat about the appraisal process. The better the appraisal process is understood, the less customers will question the results!

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Appraisal Appraisal Process Buyers Legal 158

Cleveland Appraisal Blog

JUNE 25, 2021

That’s a topic for another article. This is from a home I recently appraised. This information is incredibly valuable to the appraiser in the appraisal process for many things. That is also a topic for a future article. Here are some links to other articles I’ve enjoyed recently!

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Market Value Appraisal Marketing Buyers 244

Boston Appraisal

OCTOBER 8, 2022

The appraiser obtains all relevant property characteristics and data such as measurements, room counts, condition, and quality, and utilizes this information in the report. This process has been the foundation of the appraisal process. What Are Hybrid Appraisals? The Risk of Hybrid Appraisals.

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Appraisal Inspection Appraisal Process Valuation 135

McKissock

DECEMBER 10, 2021

Plus, what will it take to modernize the appraisal process? Read on for this week’s appraisal news and insights. The article notes that big cities, like New York and Los Angeles, may lag smaller ones, like Boise and Salt Lake City, in 2022. Opinion: The path to modernizing the appraisal process.

Housing Market 79

Housing Market Appraisal Marketing Appraisal Process 79

Cleveland Appraisal Blog

JANUARY 13, 2022

In this article, I am going to focus on the dangers that skepticism can have on an appraiser’s thinking. While these places can be beneficial for learning from other appraisers about how to handle different situations, be careful not to allow the skepticism of others to influence you. And thank you for all you do!

Appraisal 221

Appraisal Inspection Clients Real Estate 221

McKissock

JANUARY 31, 2023

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” Thank you to the large number of appraisers who shared their input! ” “It’s a lot more than just pulling comps! .”

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Real Estate Agent Real Estate Agents Appraisal 97

Realtor

NOVEMBER 1, 2023

VA appraisal Once a veteran is under contract, their lending team will order an appraisal, which is conducted by an independent VA appraiser. The VA appraisal process has two parts: determining the home’s value and whether it meets property condition requirements. Want to learn more?

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Real Estate Agent Contracts Finance Real Estate 121