Appraisal Process Definition Property Appraisal 
Riverfront Appraisals
JULY 1, 2021
For the past six months, I’ve been blogging with the purpose of assisting loan officers to better understand the appraisal process. So far, we’ve covered final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value, bracketing and FHA appraisals.
McKissock
MAY 14, 2023
Report writing is an essential step in the appraisal process. Want a quick breakdown of everything that belongs in a narrative appraisal report? for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g.,
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AmeriMac
MAY 30, 2024
However, with advancements in technology and the availability of comprehensive property data, a new appraisal method called desktop appraisal has emerged, offering an alternative to the physical inspection of the property.
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! ” “That it’s a process that requires a good amount of time.”
Walitt Solutions
MAY 17, 2024
We know, for example, that an appraiser operating a drone while at his or her office could not claim to have performed a “personal inspection” of a property. subject property The defined term only relates to the property that is the subject of the appraisal.
McKissock
JULY 20, 2021
The root of many misconceptions about the appraisal inspection is the word “inspection” itself. No matter how the appraisal inspection appears to the uninitiated, it is not the equivalent of a home inspection. Appraisers perform similar inspections, to one degree or another, in most appraisal assignments.
Clear Capital
MARCH 4, 2022
The mortgage industry is on its way to modernizing the appraisal process. In early February, Fannie Mae and Freddie Mac, the government-sponsored entities (GSEs), incorporated desktop appraisals into their Selling Guides beginning in March 2022. What is a desktop appraisal? Desktop appraisal meaning and definition.
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