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A Log Home Valuation

Appraisal Buzz

The American Institute of Architects has estimated that 9% of “Custom Built” homes being constructed in the United States are of log home construction. Log Homes have an average construction cost of $450,000 per unit, which means that the Log Home Industry is a multi-billion dollar a year industry.

Valuation 396
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What Lessons to Take Into the Appraisal Industry Post-COVID-19

Appraisal Buzz

Everything from neighborhood sales to unique weather conditions plays a role in the appraisal process. And with rapidly developing communities, paying closer attention than ever before could play a role in more timely and accurate appraisals. Specifically, construction labor is in short supply.

Appraisal 370
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Like it or not, desktop appraisals are here to stay

Housing Wire

By the end of 2020, FHFA signaled publicly it was considering hybrid appraisals on a permanent basis, following proposals from both Fannie Mae and Freddie Mac. Loans for second homes, investment properties, cash-out refinances, construction loans, multi-unit properties, renovation loans, condos, co-ops or manufactured homes are not eligible.

Appraisal 370
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How to Communicate Effectively with a Real Estate Appraiser in the Appraisal Process

Boston Appraisal

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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Demystifying the Residential Appraisal: What Homeowners Need to Know

Appraisal Partners Blog

But what exactly is a residential appraisal, why is it necessary, and what factors influence the final valuation? This article will break down the complexities of the appraisal process, providing you with the essential knowledge to navigate this critical aspect of real estate transactions with confidence.

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To Desktop or Not to Desktop, That is The Question

DW Slater Company

As technology has evolved we have much greater access to data and appraisers are learning to adapt and use this technology. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process. Appraisers have been trained in knowing what to look for.

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Appraisal modernization: The times they are a-changin’

Clear Capital

By attempting to better understand why many are hesitant to contemporize and by comprehending the benefits of implementing appraisal innovations, we can clear up common fallacies and convince appraisers that suggested changes are in everyone’s best interests.