Simonson Real Estate

SEPTEMBER 16, 2021

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of a real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. As appraisers’ we assemble facts, statistics, and other information on a specific property.

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Birmingham Appraisal

AUGUST 23, 2023

The agent’s client (buyer or seller) can make an informed buying or selling decision and the appraiser’s client (bank) can make an informed lending decision. Creating Accurate Initial Expectations: Agents and appraisers collaborating early in the process help set accurate expectations for buyers and sellers.

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D Fritz Appraisals

MARCH 16, 2021

The CMA (Comparative Market Analysis) from your Realtor – review this document to see if you know of any homes that were renovated after purchase. If you have any questions or concerns about the appraisal process, we recommend looking through our FAQ section , or contacting us by phone or email for assistance.

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D Fritz Appraisals

OCTOBER 11, 2022

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. Estate settlements.

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Birmingham Appraisal

NOVEMBER 20, 2024

Blogging provides me a creative outlet to help educate the public on the appraisal process. If you had told me in 2010 that I would still be writing my appraisal blog 14 years later I would have said you were crazy, but here I am. This wild west attitude with data collectors can diminish confidence in the appraisal process.

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AmeriMac

JANUARY 31, 2025

Appraisals are crucial for buyers, sellers, lenders, and government agencies in real estate transactions. Factors like location, condition, recent sales, and market trends are considered to set fair prices and ensure accurate lending practices and taxation. First, collect important papers like property deeds and tax records.

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Realvals

JUNE 18, 2023

The appraisal helps in establishing the loan-to-value (LTV) ratio. The LTV is a percentage that represents the amount of money to lend compared to the value of the home. Tax appeal boards are more likely to consider a well-documented, professionally prepared appraisal in a timely manner.

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AmeriMac

JUNE 30, 2024

After completion, a report with findings and the final appraised value is given to the lender and borrower. Timeframes vary based on appraisal complexity and the appraiser’s workload. Here is an overview of the steps involved in a home appraisal: Lender orders the appraisal from a licensed appraiser.

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Appraisal Today

SEPTEMBER 6, 2024

We don’t just pull numbers out of the air—they are market supported adjustments backed by ‘many angles“ Some brokers regard the appraiser as an adversary, who potentially can ruin their deal and end up without commission.

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Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Click here == Estate/trust appraisal liability advice from Peter Christensen Here are some general pointers: 1.

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AmeriMac

MAY 15, 2024

In this blog, we will delve into the world of relocation appraisals and explore their importance in the relocation industry. We will also discuss the key differences between relocation appraisals and mortgage appraisals to provide a comprehensive understanding of the appraisal process.

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AmeriMac

NOVEMBER 30, 2023

Commercial Real Estate Appraisal is a crucial process that helps determine the value of commercial properties. It plays a significant role in several aspects, from buying and selling to lending purposes. Becoming a commercial appraiser requires appropriate education, training, experience, and certification.

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AmeriMac

NOVEMBER 15, 2024

This process involves a careful inspection of the property by a licensed appraiser. The appraiser is a neutral third party who honestly assesses the home’s market value. The home appraisal process looks at different factors. The appraisal process gives the lender an independent look at the home’s value.

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AmeriMac

JUNE 6, 2022

The appraiser will look at things like the size of your home, the condition of your home, recent sales of similar homes in the area, and any upgrades or renovations you may have made. After the inspection, the appraiser will give you a report that details their findings. Why Do I Need a Home Appraisal?

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AmeriMac

APRIL 15, 2024

Understanding Home Appraisals A home appraisal is an official estimate of the fair market value of a home conducted by a licensed and impartial professional appraiser. The appraisal process involves gathering information about the home, the surrounding neighborhood, and recent nearby sales to determine the home’s value.

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AmeriMac

SEPTEMBER 30, 2023

This blog post will explore the importance of relocation appraisal and its purpose and approach. We’ll also discuss how it differs from mortgage appraisal, specifically designed to facilitate mortgage lending. Sometimes, the employer offers employees a guaranteed buyout to expedite the process.

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Appraisal Today

SEPTEMBER 29, 2023

How to Identify a Single-Family with ADU vs. Two-Family Property By McKissock Excerpts: The presence of an additional living unit can complicate the appraisal process. It may make it difficult for you, the appraiser, to know how to classify the subject property. There were no foreclosure sales needing appraisals!

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AmeriMac

JUNE 14, 2021

You may need a commercial appraisal if your property is being sold, mortgaged, taxed, insured or developed. What Happens During a Commercial Real Estate Appraisal? Estimating value for a construction or renovation project. What Happens During the Commercial Appraisal Process? Appealing a tax assessment. Conclusion.

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AmeriMac

JUNE 14, 2021

You may need a commercial appraisal if your property is being sold, mortgaged, taxed, insured or developed. What Happens During a Commercial Real Estate Appraisal? Estimating value for a construction or renovation project. What Happens During the Commercial Appraisal Process? Appealing a tax assessment. Conclusion.

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AmeriMac

JUNE 14, 2021

You may need a commercial appraisal if your property is being sold, mortgaged, taxed, insured or developed. What Happens During a Commercial Real Estate Appraisal? Estimating value for a construction or renovation project. What Happens During the Commercial Appraisal Process? Appealing a tax assessment. Conclusion.

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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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Appraisal Today

JUNE 28, 2024

The technology has been drifting into mortgage lending reliance for more than a decade because it has been marketed as having the ease of “pushing a button.” The driver behind this final rule was to eliminate potential bias in valuations by replacing appraisers with AVMS.

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AmeriMac

JULY 15, 2021

The appraiser will look at the house’s features, such as number of bedrooms and bathrooms; its construction, such as whether it’s brick or frame; its age and its square footage. This last part of the equation, the recent sales of similar nearby homes, is one of the most important parts of the appraisal.

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Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I have confirmed changes at THREE different AMCs: CoreLogic is laying off all W-2 ‘staff’ appraisers, and most of the staff administering those folks.

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PennyMac

JUNE 28, 2022

You may have $200,000 available to lend from, but if you’ve only used $20,000, the interest is only applied to that 10% that is being utilized. Variable rates can go up and down depending on the market and federal lending rate, which can affect your monthly HELOC payments. This makes consolidating debt a bit easier. Flexibility.

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Raleigh Realty

FEBRUARY 19, 2022

Mortgage lenders will almost always require a home appraisal when buyers apply for a loan, as lenders want to ensure the buyer isn’t overpaying for the home. Mortgage lenders do not want to lend more money for a home than the home is worth. Provide what you can to the appraiser and they will work with the information provided.

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