Appraisal Partners Blog

JANUARY 20, 2025

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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Housing Wire

MAY 23, 2023

It’s a problem, it’s real, it’s documentable,” said Shannon Johnson, Touchless Lending product manager at Tavant. In March , Fannie Mae released an update to its Seller’s Guide that outlined more options for property valuations, including value acceptance (formerly appraisal waivers), value acceptance plus property data and hybrid appraisals.

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Realvals

FEBRUARY 10, 2025

They must: Be licensed professionals Follow strict ethical guidelines Remain unbiased and objective Use standardized methods to determine the value Appraisers gather data from various sources. These include public records, MLS listings, and their own inspections/observations. Confidentiality is a key part of the appraisal process.

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Appraisal Buzz

FEBRUARY 7, 2022

The onset of the Covid-19 pandemic in 2020 introduced two new appraisal labels – the Exterior-only Appraisal and the Desktop Appraisal. Lenders and stakeholders allowed for some level of inspection relief with these two new appraisal products. Appraisers rely on standards of practice and processes.

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D Fritz Appraisals

AUGUST 12, 2019

What’s the Difference Between a Home Inspection and a Home Appraisal? If you’re in the market for a new home, the terms “home appraisal” and “home inspection” are more than likely to come up at some point as you zero in on a property you want to buy. What Is a Home Appraisal? What Is a Home Inspection?

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Birmingham Appraisal

DECEMBER 17, 2024

Tips To Ensure a Successful Appraisal When it comes to the home appraisal process, providing complete and accurate information is critical for a successful appraisal. Real estate agents and loan officers play an important role in ensuring appraisers have the necessary data to deliver reliable valuations.

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Appraisal Hub

MARCH 5, 2021

But even the most efficient appraisal firms can’t do their jobs if clients don’t provide the information they need. Lack of communication can significantly slow down the commercial real estate appraisal process. What happens during an appraisal? Appraisal firms also analyze comparable real estate. Site plans.

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Appraisal Buzz

APRIL 19, 2022

Appraisal management companies (AMC’s) and appraisers can receive ANSI-compliant 2D floor plans with GLA calculations and a complete 3D tour of the interior and exterior, including street view shots, within 24 hours. The property can be visited the same day the order is placed so that data is provided to the appraiser the next day.

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Appraisal Partners Blog

OCTOBER 28, 2019

We make the process easy for you and there’s no need for stress or confusion. If you’re wondering how it’ll work, we’ve summed it up for you in the form of a 7 Step Online Appraisal Process. The first thing you need to do to begin the process of getting a property appraisal is fill out our online order form.

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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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AmeriMac

DECEMBER 31, 2024

Second, it helps keep the process moving, so buyers and sellers aren’t frustrated with delays. Also, lenders can make quick decisions when the appraisal process is fast. The Impact of Turn-Time on Real Estate Transactions The time it takes to finish an appraisal affects the whole real estate process.

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Town & Country Residential Appraisals

MARCH 30, 2020

The AMC slowed the process down by 24 hours because they needed us to comment if the lot, in the middle of a town, with dimensions of 105’ x 140’ x 71’ x 152’, was an income producing farm. Undisclosed Information / Miscommunication There are a lot of people in the mortgage process, and a lot of information to change hands.

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AmeriMac

MAY 30, 2024

Traditionally, appraisals required physical inspections of the property, where appraisers would visit the site to assess its condition and gather relevant data. This process is conducted entirely at the appraiser’s desk, hence the name “desktop appraisal.”

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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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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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D Fritz Appraisals

NOVEMBER 16, 2023

Read on to find out why appraisals are important, who pays for them and how much you are likely to pay in British Columbia. What is an Appraisal, and Who Pays for it? A home appraisal is a legal document that determines fair market value for a property.

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Appraisal Partners Blog

MARCH 6, 2025

Probate: Probate is the legal process of administering a deceased person’s estate. The estate appraisal is a key document in the probate process, as it establishes the value of the assets to be distributed. This is often a retrospective appraisal, as the appraiser is looking back in time.

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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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D Fritz Appraisals

OCTOBER 11, 2022

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market.

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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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Appraisal Hub

APRIL 21, 2023

The appraisal process is one of the most important steps in mortgage and property agreements. Only with a home appraisal in Toronto can you determine your property’s market value and verify that there are no hidden problems that could cause headaches down the line.

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

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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 Partners Blog

FEBRUARY 9, 2025

The Appraisal Process: Step-by-Step Order the Appraisal: Typically, the lender orders the appraisal through an appraisal management company (AMC) or directly with an appraiser. Appraiser Selection: The appraiser is chosen based on their qualifications, experience, and geographic expertise.

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McKissock

AUGUST 21, 2020

For example, if there are two participating lenders involved in the assignment, they may be listed as co-clients and a Restricted Appraisal Report may be provided. This is assuming that a restricted disclosure of the appraisal process (i.e., The steps taken in the appraisal process. Use restriction statement.

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Appraisal Partners Blog

JANUARY 14, 2025

Both the employee and the employer need accurate valuations as soon as possible so that the process may continue without delay. Quick turnaround is a vital part of the relocation appraisal process. Emphasis on Saleability: In addition to valuing the property, relocation appraisals must also focus on its saleability.

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McKissock

MARCH 8, 2022

In January 2022, Fannie Mae and Freddie Mac announced a desktop appraisal option that goes live in mid-March 2022. In various articles and opinion pieces, some claim that desktop appraisals will solve the appraiser shortage and modernize the appraisal process, while others claim that they will cause the demise of the appraisal profession.

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Birmingham Appraisal

AUGUST 23, 2023

Navigating Complex Properties: In cases of unique or complex properties, agents and appraisers collaborate to ensure accurate valuations. The Power of Pre-Appraisal Preparation: Agents preparing properties for appraisals can have a significant impact on the outcome.

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Premier Home Appraisal Blog

MAY 30, 2023

This is where the appraisal process comes in. The home appraisal process - What to expect To remove PMI, you must have a real estate appraisal done on your home. A real estate appraisal is an assessment of your home's value by a licensed or certified home appraiser.

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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. Your availability for conducting the appraisal.

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Birmingham Appraisal

JUNE 21, 2023

Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for real estate agents to navigate the appraisal process effectively.

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Genworth MI Blog

AUGUST 15, 2019

In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation. Lower cost than traditional appraisal. How do they manage their documentation? Much faster to complete.

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Genworth MI Blog

AUGUST 15, 2019

In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation. Lower cost than traditional appraisal. How do they manage their documentation? Much faster to complete.

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Clear Capital

JULY 14, 2023

As the real estate and mortgage industries work to modernize the home valuation process, Fannie Mae and Freddie Mac continue to offer new alternatives to the traditional home appraisal. The introduction of inspection-based appraisal waivers offers an increasingly positive impact to both lenders and consumers.

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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. This appraisal is necessary in the divorce situation in order to make well-informed decisions regarding asset distribution.

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Birmingham Appraisal

FEBRUARY 28, 2023

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. These mistakes can significantly impact the value of a property and even lead to an appraisal being lower than the contract price.

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East Coast Appraisal

AUGUST 22, 2023

You need to take some steps before and during the appraisal process to ensure that you get the most accurate and reliable valuation possible. Discover some tips on how to prepare for a commercial property appraisal. Therefore, treat them with respect and cooperation during the appraisal process.

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