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Remote inspections have the power to make homeowners and appraisers more comfortable. Others don’t provide appraisers with accurate enough data. While the immediate need for remote appraisals began in 2020, it soon became clear that these processes were here to stay. User-friendly for everyone.
I had gone over to do an inspection for him, and we got to talking about how he had had another guy come through earlier to do an appraisal of his home. To make a long story short, this man felt like the first appraisal had come in lower than it should have. Real-estate agents, homeowners, appraisers – we’re all human.
How long have you been appraising? But you know that the appraisalprocess and the appraisal form are two separate things. The process that you go through to do an appraisal and the type of reporting you do on that process could be miles apart, although they are related. What do you think?
Students chose the school for its offering of live instruction classes for salespersons, brokers, appraisers, mortgage, and home inspection courses at various locations and convenient times, including weekend classes. Attend 2 monthly online live Fast Track classes, full weekend days only. Attend online live Zoom class.
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 appraisalprocess?” Thank you to the large number of appraisers who shared their input! ” “That it’s a process that requires a good amount of time.”
But it’s worth spelling out, because a courteous and professional demeanor is essential to making a good first impression and providing a positive customer service experience throughout the entire appraisalprocess, from acceptance to delivery. Free download: Earn more green with green home appraisals.
Traut notes that the Federal Housing Finance Agency (FHFA) announced in late October 2021 at the Mortgage Banker Association’s annual conference that banks and mortgage lenders will be able to use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages.
Approach to the appraisalprocess. Appraisal specializations. ” Free download: Ready to launch your appraisal career? Find out if an appraisal career is right for you in our free guide. ” Related reading: 8 Characteristics of a Successful Real Estate Appraiser. Background or perspective.
Before you buy a home or refinance a mortgage, your property will most likely need to go through the appraisalprocess. During an appraisal, a professional will evaluate your home’s condition, how much similar homes have sold for recently and the overall market to determine the value of your home. Home Inspection.
A couple of days ago I was sitting down to start writing a blog post on how to streamline the initial appraisalprocess, specifically gathering information on the subject property prior to doing the inspection. And since it’s fairly often that a property is on a lock-box, you may not even meet the Realtor.
A couple of days ago I was sitting down to start writing a blog post on how to streamline the initial appraisalprocess, specifically gathering information on the subject property prior to doing the inspection. And since it’s fairly often that a property is on a lock-box, you may not even meet the Realtor.
To build strong client relationships, this Appraisal Buzz article explains that it’s important to manage expectations by explaining the appraisalprocess upfront and clarifying what appraisers do and don’t do. ” Find more tips and insights in our post written by seasoned appraiser Steven W.
Guide your buyer through escrow Once you’ve won the offer, help your clients through the contingencies, inspections, appraisalprocess, and final walk-through. Home inspections have become a secondary point of negotiation. This can be a key value you provide to your buyer clients. Be the leader in the transaction.
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