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

Cleveland Appraisal Blog

MARCH 4, 2021

There’s value in that. Subsequently, a new home typically has a higher market value than one that has already been lived in. We also develop the effective ages of comparable sales to derive a range of effective ages, which can help to further support our estimate of the effective age of the property we are appraising.

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Appraisal Real Estate Real Estate Agent Loan Conditions 222

Cleveland Appraisal Blog

JANUARY 13, 2022

Because the adjustments we make or choose not to make, impact our opinion of the market value of the property we are appraising. That’s the same reason many of our clients require that we make a physical inspection and measure the improvements of the property we are appraising. www.homevaluestories.libsyn.com.

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Appraisal Partners Blog

OCTOBER 28, 2019

A home appraisal is usually requested by a lender to estimate the market value of your home. When the time comes for you to get an appraisal for your property, it makes sense to use our services here at Appraisal Partners. We make the process easy for you and there’s no need for stress or confusion.

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Riverfront Appraisals

AUGUST 31, 2021

Welcome to the September edition of our blog series, The Loan Officer’s Guide to Appraisals. This entire year, I’ve been blogging once a month with the purpose of assisting loan officers to better understand the appraisal process. This month’s blog post will be all about new construction appraisals.

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Construction Appraisal Appraisal Process Loan Officers 115

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 132

Appraiserblogs

SEPTEMBER 9, 2022

Appraisers always had the power to end the appraisal management pyramid scheme. Take Control of the Appraisal Process If the appraisers want to take back their industry they need to come together. appeared on Appraisers Blogs. All we had to do is say no.…. This new law in NY has….

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Appraiserblogs

OCTOBER 4, 2022

Many of you are aware that the GSE’s are in the process of evaluating the entire appraisal process, including the…. Inappropriate Form Use Why oh why do appraisers who should know better do private assignment appraisal reports using the mortgage lending GSE forms?….

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Appraisal Process Lending Appraisal Construction 124

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

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AmeriMac

JANUARY 30, 2024

The significance of Reverse Mortgage Appraisal In the context of reverse mortgages, a crucial aspect is ensuring that the property’s value aligns with the loan terms, making the reverse mortgage appraisal process significant. This includes having the necessary amenities and being in a state of good repair.

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Appraisal Buzz

DECEMBER 9, 2024

Below is a detailed explanation of each technique to ensure the adjustments are well-supported and align with market trends. 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.

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Appraisal Hub

MAY 5, 2024

In this blog, I aim to provide valuable insights and tips from an appraiser’s perspective, empowering real estate agents to navigate the appraisal process with confidence. Understanding the Role of Appraisers: First and foremost, it’s crucial for real estate agents to understand the role of appraisers.

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Real Estate Agent Real Estate Agents Appraisal Process 78

Birmingham Appraisal

MARCH 26, 2024

Appraisal Process To answer this it’s important to understand the appraisal process. When we appraise a house, we’re figuring out how much it’s worth. Then, we put all this information together to come up with our professional opinion of the market value.

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Construction Appraisal Process Appraisal Bracketing 86

Birmingham Appraisal

MARCH 21, 2023

A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values. A real estate appraisal is a process of determining the market value of a property.

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Real Estate Appraisal Marketing Market Value 89

D Fritz Appraisals

MARCH 16, 2021

Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property.

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Birmingham Appraisal

NOVEMBER 20, 2024

It’s been several weeks now since I’ve blogged and to be honest I’ve missed it. Blogging provides me a creative outlet to help educate the public on the appraisal process. During the appraisal process, the appraiser is collecting and analyzing market data to arrive at an educated opinion of value.

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Real Estate Appraisal Inspection Contracts 87

Birmingham Appraisal

JUNE 19, 2024

Understanding Confidentiality in Real Estate Appraisal The confidentiality of an appraisal report is a cornerstone of professional appraisal practice. According to the USPAP, appraisers are required to uphold confidentiality to protect the interests of their clients and maintain the integrity of the appraisal process.

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Appraisal Appraisal Process Clients Real Estate 81

Birmingham Appraisal

JUNE 21, 2023

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. These include: 1.

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Real Estate Agent Real Estate Agents Appraisal 82

Birmingham Appraisal

MARCH 26, 2024

Appraisal Process To answer this it’s important to understand the appraisal process. When we appraise a house, we’re figuring out how much it’s worth. Then, we put all this information together to come up with our professional opinion of the market value.

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Construction Appraisal Appraisal Process Bracketing 77

Simonson Real Estate

JUNE 10, 2020

It’s the outcome we strive for following the appraisal process. As an appraiser, it means we nailed that sweet spot and produced an accurate appraisal. The sweet spot is not a predetermined number or target, but rather a number that is within a comfortable and reasonable range of value – not too high or too low.

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Real Estate Appraisal Clients Valuation 148

Birmingham Appraisal

AUGUST 30, 2023

A Look at Why Your Home May Not Appraise for The Expected Value When it comes to selling or refinancing your home, one of the crucial steps is the appraisal process. Appraisals determine the market value of your property, which affects your ability to secure a loan or make a profitable sale.

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Appraisal Appraisal Process Renovations Market Value 85

Birmingham Appraisal

SEPTEMBER 15, 2022

If the bank uses a waiver it is still a good idea for the borrower to obtain an appraisal of their own to make sure that they are not paying more than the home is worth. Appraisal vs Home Inspection. As you can see, there are major differences between home appraisals and home inspections and both are very important. Conclusion.

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Appraisal Inspection Appraisal Process Real Estate Agent 96

Riverfront Appraisals

JANUARY 18, 2021

Welcome to the very first post in our all-new series The Loan Officer’s Guide to Appraisals. In this blog post, we’re starting with the end. Well – not really the end, but one of the last parts of some appraisals – namely the final inspection. Hey friends! We’ll briefly look at what a final inspection […].

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The Robert Weiler Company

SEPTEMBER 18, 2022

As a land buyer, owner, or seller, understanding the true market value of the real estate in question is important. But first, it’s important to understand what is a land appraisal, how it is appraised, the real estate appraisal process, and what to expect. How is Land Appraised?

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Appraisal Valuation Real Estate Market Value 78

Premier Home Appraisal Blog

MAY 30, 2023

By getting a PMI removal appraisal and showing that your home has increased in value, you can show that you have the required equity to SAVE MONEY! This process can save you hundreds of dollars each month and thousands of dollars over the life of your loan. This is where the appraisal process comes in.

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Appraisal Home Value Appraisal Process Insurance 98

Birmingham Appraisal

FEBRUARY 20, 2024

The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible. If it does not, and the property is overpriced, then the property may sit on the market for an extended period of time. As always, thanks for reading.

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Agents Appraisal Real Estate Agent Bracketing 92

The Robert Weiler Company

SEPTEMBER 16, 2021

The question is, how exactly is property value determined? And how does the real estate appraisal process work? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Impacts from the neighborhood, local economy, and marketplace.

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Real Estate Appraisal Property Appraisal Valuation 147

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. All this information is then utilized in the second stage of the appraisal process.

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Appraisal Inspection Appraisal Process Valuation 78

East Coast Appraisal

JULY 7, 2022

property appraisal is essential in the real estate industry. It aids in determining the property's market value, ensuring the buyer can acquire it at a fair price. This blog will discuss specific errors that may impact the valuation process and which should be avoided during property appraisal. .

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Property Appraisal Appraisal Valuation Appraisal Process 52

The Robert Weiler Company

APRIL 20, 2021

As such, our experts at The Robert Weiler Company have put together this business valuation ‘questions and answers’ overview to offer more clarity behind the business appraisal process. They are: (1) the asset-based approach; (2) the earning value approach; and (3) the market value approach.

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Valuation Business Buyers Market Value 147

Birmingham Appraisal

NOVEMBER 14, 2023

Agents and appraisers are not that different in their desire to determine an accurate market value for a property. If agents utilize the same methods appraisers use in their appraisals there should not be a vast difference between the two values and the likelihood of a deal falling through will be minimized.

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Birmingham Appraisal

SEPTEMBER 26, 2023

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? There is a difference. If you liked this post subscribe by email (or RSS feed ).

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Real Estate Agent Real Estate Clients Agents 92

Birmingham Appraisal

MAY 2, 2023

This can be a complex issue, but one strategy that can help is to have a retrospective appraisal performed on any single-family residence that is included in the estate. In this blog post, we will discuss the benefits of a retrospective appraisal for estate and tax purposes for the heirs of an estate.

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Appraisal Market Value Inspection Real Estate 52

Appraisal Partners Blog

FEBRUARY 22, 2024

Also Read: Why Should You Hire an Appraiser for Divorce Appraisals? The Appraisal Process In Divorce: An important factor in accurately estimating a property’s market worth is its appraisal.

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Appraisal Property Appraisal Valuation Real Estate 78

Appraisal Today

APRIL 12, 2024

Home equity lines of credit (HELOCs): When homeowners apply for HELOCs, lenders may request desktop appraisals to ascertain the property’s value and determine the credit limit without requiring a full appraisal. Thanks to Tom for writing this blog post. Read on blog www.appraisaltoday.com/blog Posted by noon Friday.

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Birmingham Appraisal

OCTOBER 4, 2022

Because of this, its negative impact on the market value of the property can be substantial. By knowing this you can have more realistic expectations of what the market value of the property should be as well as how it might compare to other properties that have not been affected by outside influences.

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Appraisal Market Value Real Estate Appraisal Process 62

Birmingham Appraisal

AUGUST 2, 2023

Trustworthy appraisers uphold the highest ethical standards, maintaining objectivity and impartiality in their work. They should avoid any conflicts of interest that could compromise the integrity of the appraisal process. Look for appraisers who utilize modern tools and technologies to complement their expertise.

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