Remove Appraisal Process Remove Information Remove Market Value
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Fannie Mae: Appraisals are no longer the default option

Housing Wire

“We are on a journey of continuous improvement to make the home valuation process more efficient and accurate. As such, we are transitioning to a range of options to establish a property’s market value, with the option matching the risk of the collateral and the loan transaction,” Fannie Mae states in its release.

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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. Key Appraisal Items to Communicate. Helpful Items to Provide for the Appraisal.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

Home inspections provide valuable information that can make or break your decision to purchase a home, as well as help you plan for future improvements. An appraisal is a valuation of a property by a third party. For example, an appraiser will check the condition of the walls, roof, floors and the structure’s overall integrity.

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Opinion: The pros and cons of VA modernization bill

Housing Wire

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect. A fundamental change.

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FHFA’s RFI on appraisals is a critical inflection point

Housing Wire

Navigating appraisal challenges in today’s housing market. HousingWire recently spoke with PCV Murcor Founder, President and CEO Keith Murray, and COO Cindy Nasser on how the appraisal process can be streamlined in today’s tight housing market. And appraisal waivers would be informed, not blind.

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Market Trends and Market Conditions Adjustments

Appraisal Buzz

This is a concept not unfamiliar to the real estate appraisal professional. Long answer: There is no expectation or requirement that every appraisal is to include a graphic identical, or even similar, to what was presented as an example in the FNMA advisory. This has been independently verified with the source.

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3 Ways Agents Can Help Appraisers to Be More Accurate

Cleveland Appraisal Blog

We also use the MLS to analyze the market trends and to make market-based adjustments for things such as changes in sales prices, as well as features of a home that have a major impact on market value, like finished square footage, bedroom, and bathroom count, lot size and so on. ACCURATE DATA.

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