Cleveland Appraisal Blog

JANUARY 7, 2021

CONSIDERING LAND IN THE APPRAISAL PROCESS. When appraising a property, we must analyze what the highest and best use of the land is. In that analysis we must determine if the use of the land is legally permissible, physically possible, financially feasible and most profitable. That is how value works.

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Birmingham Appraisal

JANUARY 29, 2025

Brush Up On Your Appraisal Knowledge Most people have a basic understanding of the appraisal process. If you’ve ever purchased a home or refinanced your mortgage you’ve most likely had to get your home appraised. This commitment to objectivity is important to the appraisal process.

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DataMaster

APRIL 6, 2021

However, he was refinancing and wasn’t worried about getting the max appraisal, so Art didn’t question the results. Many people don’t understand home appraisals and how appraisers are legally bound to operate. Appraising is an often misunderstood part of the refinance and mortgage process.

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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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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. Trusts are usually set up to avoid probate.

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Boston Appraisal

OCTOBER 8, 2022

One such attempt is the increased use of hybrid appraisals. Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves.

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Boston Appraisal

OCTOBER 8, 2022

One such attempt is the increased use of hybrid appraisals. Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves.

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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

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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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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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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DataMaster

APRIL 6, 2021

However, he was refinancing and wasn’t worried about getting the max appraisal, so Art didn’t question the results. Many people don’t understand home appraisals and how appraisers are legally bound to operate. Appraising is an often misunderstood part of the refinance and mortgage process.

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Appraisal Appraisal Process Buyers Legal 78

DataMaster

APRIL 6, 2021

However, he was refinancing and wasn’t worried about getting the max appraisal, so Art didn’t question the results. Many people don’t understand home appraisals and how appraisers are legally bound to operate. Appraising is an often misunderstood part of the refinance and mortgage process.

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Appraisal Appraisal Process Buyers Legal 78

Boston Appraisal

MAY 27, 2019

Not only are they grieving, but they must also take care of the legal obligations and paperwork necessary to settle the deceased’s estate. As such, the executor of the estate or the legal representatives should be prepared to order an estate appraisal promptly.

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McKissock

FEBRUARY 25, 2022

Approach to the appraisal process. Appraisal specializations. ” “I have a life long time in agriculture and worked at a title company, giving me a good understanding of legal descriptions and easements.” ” Related reading: 8 Characteristics of a Successful Real Estate Appraiser.

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Realvals

JUNE 18, 2023

” ( source ) The only way to obtain legal ownership of the property is to go through the probate process. An appraiser does not provide this information in the report. And others may say that an appraisal can point out any current issues with your home that may need to be addressed. This is also incorrect.

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Town & Country Residential Appraisals

JULY 25, 2022

It is possible that this is most attributed to the fact that this is the part of the process that is most in view of the general public. At the end of every on site appointment, I tell the person I meet at the property that this is the easiest and least time consuming part of the appraisal process.

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AmeriMac

MAY 10, 2023

We will also discuss common issues that arise during the appraisal review process and the benefits of conducting a quality appraisal review. Types of Appraisal Review Reports When it comes to appraisal review reports, there are several types that can be conducted.

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AmeriMac

OCTOBER 28, 2024

The unique circumstances surrounding REO properties require specialized handling during the appraisal process, considering factors like extensive repairs, market trends, and quick-sale pricing strategies. ” This means the appraiser needs to pay close attention to the property’s condition and possible repair costs.

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Listing Spark

OCTOBER 9, 2023

Understand buyer motivations, be open to reasonable offers, and consider seeking legal advice for more complex negotiations. Legal and Paperwork: Familiarize yourself with local and state laws regarding disclosures, contracts, and other legal requirements. Negotiation Skills: Brush up on your negotiation skills.

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Aedis Appraisals

AUGUST 17, 2017

A delay in the appraisal process can cost the lender important business and can cost the client if the process is not completed in a timely manner, while the interest rates are low, for example. You’re also able to track your order online, so you’ll always know the status of your appraisal request and order.

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Birmingham Appraisal

MAY 2, 2023

What is a Retrospective Appraisal? A retrospective appraisal is an appraisal that is performed on a property with an effective date that has occurred before the actual date of the inspection. The date of inspection is the date the property was viewed.

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AmeriMac

JANUARY 15, 2025

Different appraisal products cater to various needs, ranging from simple to complex. Selecting the right appraisal product tailored to your goals is essential for financing, taxes, legal matters, or investment decisions. Cost-Effectiveness: New solutions are often more affordable than traditional appraisals.

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AmeriMac

JANUARY 3, 2022

Note that this is an entirely separate process from something like a home inspection. The easy way to think of it is that an appraisal is entirely focused on determining the true value of a home. A home inspection, on the other hand, is all about the functional quality of the home.

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AmeriMac

JANUARY 3, 2022

Note that this is an entirely separate process from something like a home inspection. The easy way to think of it is that an appraisal is entirely focused on determining the true value of a home. A home inspection, on the other hand, is all about the functional quality of the home.

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Appraisal Buyers Sellers Contracts 36

AmeriMac

JANUARY 15, 2024

Understanding the role of a home appraiser, the importance of a home appraisal, and the factors to consider when choosing an appraiser are key to making an informed decision. So, let’s dive in and discover how to find the best local home appraiser.

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Appraisal Appraisal Process Valuation Real Estate 36

The Robert Weiler Company

OCTOBER 21, 2022

The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked. Question 6: What is the overall commercial real estate appraisal process?

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Walitt Solutions

JULY 28, 2019

In July 2019, I spoke to the Collateral Risk Network, a group of chief appraisers, risk managers, management companies, lenders, appraisers, regulators, and legal experts, at the Collateral Matters event in Reston, Virginia. Are these “other” inspection-and-valuation processes appropriate for lending?

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The People's Appraisal Blog

MAY 14, 2019

Well get ready Consumers because the person that is about to visit your home IS NOT an appraiser or just pretends to play one without the proper training. See, Fannie Mae and the Appraisal Management Companies (AMCs) are ready to send appraiser imposters to conduct appraisal inspections on our homes.

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Raleigh Realty

FEBRUARY 19, 2022

While home appraisals are commonly requested when a buyer prepares to purchase a property, homeowners may also be required to obtain an appraisal when refinancing their mortgage. After doing the physical appraisal and running the comparables report, they will provide you with the appraisal report.

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Appraisal Today

JANUARY 5, 2024

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Streamline my appraisal process (10%) Plus 3 more To read more, Click Here My comments: Interesting stats! You’ll learn key ways to work on eliminating bias and reduce your legal risk. Legal topics are very popular with appraisers.

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Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. Non-traditional appraisals to the rescue. Appraisers have, in the past, fretted over liability and data reliability.

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