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 comprehensive approach ultimately leads to more accurate, credible, and reliable valuations that reflect current market conditions.

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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. For the above reasons, it is very important for accurate valuations during the home-buying process.

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Birmingham Appraisal

SEPTEMBER 26, 2023

Outlier sales often lack suitable comparables, making it challenging to apply the traditional valuation approach accurately. Appraisal Challenges: Listings that were priced using outlier sales can pose challenges during the appraisal process. Related posts: What is bracketing and why should Realtors do it?

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Clear Capital

NOVEMBER 14, 2022

In addition, the time it takes to obtain an appraisal report can significantly impact borrowers. Buying or refinancing a house is stressful for home buyers, and “being able to rely on a timely valuation can make a big difference,” says Heather Khan, Senior Analyst of Quality Assurance at Clear Capital.

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