Appraiserblogs

MARCH 12, 2021

The most weighted technique in most automated valuation programs comes down to one over-simplified formula, based on a guesstimation from an outside source that has no interest in the real estate system… Dear FHFA: Please accept the following comments in regard to Question A1.4.

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Training Valuation Appraisal Process Appraisal 147

Simonson Real Estate

SEPTEMBER 25, 2020

Topics have centered around appraisals and valuation concerns in the current market environment. I was joined on the panel with Twin Cities appraiser, Josh Folland, MAI, CCIM with Valbridge Property Advisors and Gary Van Cleve, Shareholder at Larkin Hoffman moderated our discussion. Updated 9/8/2020.

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Valuation Appraisal Marketing Real Estate 130

Appraiserblogs

JUNE 13, 2024

Reforming the appraisal review process is essential to maintaining the integrity of the real estate market and protecting consumers and homeowners. In mortgage financing, the appraisal process is often seen as the foundation of accurate property valuation and market stability.

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Mortgage Appraisal Appraisal Mortgage Valuation 135

Simonson Real Estate

JUNE 22, 2020

Despite these radical changes, the business of America carries on, somehow, some way, including commercial real estate appraisal work. How has COVID-19 affected the appraisal process and the values of the various markets and submarkets of commercial real estate? appeared first on Simonson Real Estate Blog.

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Valuation Real Estate Appraisal Retail 146

The Robert Weiler Company

APRIL 20, 2021

Have you watched shows such as Shark Tank or The Profit and wondered how Kevin O’Leary or Marcus Lemonis calculate business valuation? That’s why we surveyed our business valuation experts, captured the 12 most frequently asked questions, and provided answers that can offer the guidance you need. So, how are businesses valued?

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Valuation Business Buyers Market Value 147

DataMaster

FEBRUARY 3, 2021

Replacing the old process with the new! Is it time to overhaul the appraisal process? By now, most appraisers have read the Request for Information (RFI) published by the Federal Housing Finance Agency (FHFA) on December 28, 2020. Appraisal Modernization. Many appraisers share Horn’s concerns.

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Appraisal Process Appraisal Modernization Training 78

Appraiserblogs

JUNE 14, 2024

Cindy Chance’s recent comments about the concerning practices of some appraisal management companies (AMCs) have struck a chord with many in the real estate valuation industry. The post Exposing Predatory AMCs appeared on Appraisers Blogs.

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Valuation Appraisal Process Appraisal Real Estate 120

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? This valuation is crucial for a multitude of reasons.

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Appraisal Inspection Valuation Appraisal Process 78

Birmingham Appraisal

JANUARY 29, 2025

Brush Up On Your Appraisal Knowledge Most people have a basic understanding of the appraisal process. If you’ve ever purchased a home or refinanced your mortgage you’ve most likely had to get your home appraised. This commitment to objectivity is important to the appraisal process.

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Appraisal Appraisal Process Valuation Buyers 63

Appraiserblogs

MARCH 7, 2024

It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgage appraisal process. Despite its roots in a methodology designed to support appraisers, Value. It’s time to grab your popcorn and… The post Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal?

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Modernization Appraisal Valuation Appraisal Process 141

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

Boston Appraisal

DECEMBER 11, 2023

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers.

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Appraisal Process Real Estate Appraisal Easement 78

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

Cleveland Appraisal Blog

MARCH 4, 2021

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. You can also listen right here at Cleveland Appraisal Blog! I am a member of the National Association of Appraisers. www.anchor.fm/cash-appraiserstats.com.

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Appraiserblogs

JUNE 17, 2022

Their Equitable Housing Finance Plan for 2022-2024 outlines a range of pilot programs that remove barriers blacks face when buying or renting, and keeping homeowners and renters at home: Valuation Modernization aims to support an equitable appraisal process for Black households and communities of color Expand Appraiser.

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Valuation Modernization Appraisal Process Appraisal 25

Appraiserblogs

SEPTEMBER 22, 2021

“Digitizing the entire appraisal process”… what does this even mean? … This is what Class Valuation appears to be doing to justify their actions. According to the article written by Richard Torne in Mortgage Professional America, Class Valuation has announced the acquisition of DataMaster. No more typing?

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Appraisal Valuation Appraisal Process Mortgage 102

Appraiserblogs

FEBRUARY 24, 2021

On January 4, 2021, the… FHFA to Screw Up Appraisals The FHFA is looking for comments on how they can better screw up the appraisal process. appeared on Appraisers Blogs.

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Appraisal Process Appraisal Valuation Finance 146

Appraiserblogs

AUGUST 4, 2023

The entire concept of bifurcated appraisals represents a fundamental misunderstanding of the appraisal process. million armed robbery of a… Hybrid Assignments, the Consequences The concept of a third party providing one or more functions in an appraisal assignment is nothing new.

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Appraisal Inspection Appraisal Process Valuation 121

Appraiserblogs

SEPTEMBER 7, 2021

Dear HUD, recently, within the past year or so, you have been on a crusade to prove discrimination and racism in the appraisal process. Your actions haven’t gone unnoticed by many within the appraisal profession as well as outside it. appeared on Appraisers Blogs.

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Valuation Appraisal Process Appraisal Real Estate 111

Appraisal Partners Blog

JANUARY 10, 2025

Introduction In the real estate industry, where significant financial decisions hinge on property valuations, the importance of ethics in the appraisal profession cannot be overstated. Appraisers serve as impartial experts, tasked with providing objective opinions of value based on thorough analysis and market data.

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Valuation Real Estate Appraisal Legal 78

Appraisal Partners Blog

JANUARY 8, 2025

Introduction While appraisals are conducted by qualified professionals, there may be times when a client disagrees with the valuation they receive. It’s important to understand that a disagreement is not uncommon, and it doesn’t necessarily mean that the appraisal is incorrect.

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Valuation Appraisal Clients Real Estate 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

Birmingham Appraisal

AUGUST 23, 2023

Understanding the Roles: Agents and Appraisers: Real estate agents bring their expertise in marketing and negotiations, while appraisers provide impartial and accurate property valuations. Navigating Complex Properties: In cases of unique or complex properties, agents and appraisers collaborate to ensure accurate valuations.

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Agents Appraisal Valuation Appraisal Process 90

Appraisal Hub

MAY 5, 2024

As a seasoned appraiser in the vibrant real estate market of Toronto, I’ve had the privilege of witnessing the ever-evolving landscape of property valuation. Over the years, I’ve come to appreciate the symbiotic relationship between appraisers and real estate agents.

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Real Estate Agent Real Estate Agents Appraisal Process 78

Appraiserblogs

SEPTEMBER 20, 2021

(Mueller Reports) contacted a VaCAP member about joining their team as a W-2 employee… Hybrid Appraisals, Invitation to Fraud Until FNMA released their version of a test format for hybrids (1004P) there was not one hybrid form appraisal process… The post Why Appraisers Say NO to Hybrids appeared on Appraisers Blogs.

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Appraisal Real Estate Appraisal Process Training 112

Appraisal Partners Blog

MARCH 6, 2025

This post will explain the importance of estate appraisals and how the process works. What is an Estate Appraisal? An estate appraisal is a professional valuation of real estate owned by a deceased person (the decedent). It’s crucial to choose an appraiser who is: Experienced in estate appraisals.

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Market Value Appraisal Valuation Marketing 78

Appraisal Partners Blog

FEBRUARY 26, 2025

The Divorce Appraisal Process The divorce appraisal process is similar to a standard real estate appraisal, but with some key differences: Appraiser Selection: Both parties (or their attorneys) may agree on a neutral appraiser, or each party may hire their own appraiser.

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Real Estate Appraisal Valuation Appraisal Process 78

D Fritz Appraisals

MARCH 16, 2021

Be Prepared for an Appraisal for a Positive Impact on Your Home’s Valuation. 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. You’ll be able to recover those costs in your home appraisal.

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Appraisal HOA Easement Valuation 132

Appraiserblogs

AUGUST 15, 2023

So if you’ve got… The post The Unbiased Reality of Census Tract Data Dump… Open Letter to FHFA appeared on Appraisers Blogs.

Appraisal Process 101

Appraisal Process Appraisal Valuation Finance 101

Appraisal Partners Blog

JANUARY 12, 2025

From digital data collection to sophisticated analytical software, technology is reshaping how appraisals are conducted, impacting both the speed and accuracy of valuations. Its important to understand how technology is impacting the industry, and to see how its creating a more efficient and accurate valuation process.

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Modernization Technology Appraisal Valuation 78

The Robert Weiler Company

SEPTEMBER 16, 2021

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. Residential vs. Commercial Property Appraisal and Their Differing Review Process. o Federal Housing Authority (FHA).

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Real Estate Appraisal Property Appraisal Valuation 147

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 professional and attentive approach guarantees the accuracy and reliability of the appraisal.

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Appraisal Process Mortgage Appraisal Appraisal Mortgage 36

Appraisal Today

FEBRUARY 28, 2025

The Appraisal Process: Valuing a Hobbit Hole Like Bag End The valuation process of Bag End takes some extraordinary assumptions, if we are to appraise the home as a residential property. I like this blog post! Read on blog www.appraisaltoday.com/blog Posted by noon Friday. Clear Capital, et al.,

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Appraisal Real Estate Contracts Training 55

The Robert Weiler Company

MAY 14, 2021

The following guide walks readers through all the definitional terms involved in the estate planning and real estate appraisal process (also referred to as an appraisal for estate planning purposes) and how best to prepare when, eventually, we will all boldly leave this Earth. When Should You Start the DOD Appraisal Process?

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Real Estate Appraisal Legal Valuation 133

McKissock

DECEMBER 10, 2021

Plus, what will it take to modernize the appraisal process? Read on for this week’s appraisal news and insights. Opinion: The path to modernizing the appraisal process. Want regular appraisal news updates and insights into all facets of the industry? Read the full opinion piece.

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Housing Market Appraisal Marketing Appraisal Process 79

Chicagoland Appraisal Blog

AUGUST 1, 2023

It provides an overview of the appraisal’s purpose, important findings and the opinion of value. The letter may also specify any limitations or assumptions made during the appraisal process. Subject Section This section identifies the physical address of the property being appraised.

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Appraisal Legal Construction Appraisal Process 148

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. Within just the past month, several clients completed appraisal reviews with no feedback for us (picture the appraiser saying YES with a silent fist bump!).

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Real Estate Appraisal Clients Valuation 148