AmeriMac

MARCH 25, 2021

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

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Birmingham Appraisal

AUGUST 30, 2023

A Look at Why Your Home May Not Appraise for The Expected Value When it comes to selling or refinancing your home, one of the crucial steps is the appraisal process. Appraisals determine the market value of your property, which affects your ability to secure a loan or make a profitable sale.

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AmeriMac

MARCH 25, 2021

In fact, in-depth research reveals that appraisal turn times in certain regions like the Pacific Northwest is double that of neighboring regions. Plus, the sudden increase in supply and demand for appraisers resulted in a spike in appraiser fees. Luckily, there are several ways you can shorten the home appraisal process.

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Birmingham Appraisal

NOVEMBER 14, 2023

Agents and appraisers are not that different in their desire to determine an accurate market value for a property. If agents utilize the same methods appraisers use in their appraisals there should not be a vast difference between the two values and the likelihood of a deal falling through will be minimized.

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Birmingham Appraisal

AUGUST 2, 2023

Trustworthy appraisers uphold the highest ethical standards, maintaining objectivity and impartiality in their work. They should avoid any conflicts of interest that could compromise the integrity of the appraisal process. Look for appraisers who utilize modern tools and technologies to complement their expertise.

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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. They give an objective view of a home’s value.

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AmeriMac

JANUARY 15, 2025

Understanding Different Appraisal Products A real estate appraisal is a detailed study determining a property’s market value for potential buyers. Understanding valuation methods, market trends, and property analysis is crucial to establish this value.

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PennyMac

OCTOBER 10, 2023

Whether you’re selling your home to begin a new adventure or refinancing your existing home, getting an appraisal with the value you want is an important hurdle to clear. You may feel that the appraisal process is out of your control, but there are many easy and inexpensive ways to get both yourself and your home ready.

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AmeriMac

JUNE 15, 2024

Key Highlights Real estate investment properties require accurate appraisals to determine their market value and potential return on investment. The appraisal process involves various valuation methods such as the sales comparison approach, income approach, and cost approach.

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Aedis Appraisals

JUNE 13, 2017

So, if you happen to be interested in getting a real estate appraisal in Toronto , for instance, feel free to use this article as an introductory guide to understanding the ins and outs of the modern appraisal process. What Is an Appraisal and When Do I Need One?

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Clear Capital

MARCH 1, 2023

“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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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. However, these restrictions may also limit modifications, potentially affecting the property’s market appeal.

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AmeriMac

JANUARY 3, 2022

Then, they’ll compare what they’ve learned to everything they know about the current condition of the home in question to come up with fair market value. Note that this is an entirely separate process from something like a home inspection.

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AmeriMac

JANUARY 3, 2022

Then, they’ll compare what they’ve learned to everything they know about the current condition of the home in question to come up with fair market value. Note that this is an entirely separate process from something like a home inspection.

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Appraisal Today

JANUARY 20, 2023

Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. What is happening in your market? You may need to call agents to see the amount of concessions offered and make an adjustment based on its effect on market value.

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AmeriMac

SEPTEMBER 17, 2024

Alternate valuation products are new tools for determining the market value of residential properties. Unlike regular appraisal methods, which mainly consider recent sales data and the property’s features, these products use more data points and different analytical techniques.

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AmeriMac

MARCH 14, 2022

A lot of people don’t realize just how tech-driven the modern day real estate market truly is. Yes, it’s true that certain things like valuations and appraisals still require a lot of time and energy from a certified professional.

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Appraisal Today

MAY 17, 2024

Geographic “Data” Competency refers to an appraiser’s ability to effectively understand, interpret, and utilize geographic data in the appraisal process. In the context of real estate appraisers, it is essential for accurately valuing properties and providing credible appraisal reports.

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Listing Spark

MARCH 15, 2022

One of the biggest differences is that the buyer does not get involved in the appraisals. In the case of the refinancing appraisal however, homeowners have the opportunity to participate, so the benefits can be great. What is the home appraisal process like? Common questions about home appraisals.

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Clear Capital

SEPTEMBER 29, 2021

It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. You could have, on any given home, you can have five different appraisers show up to the home and end up with five completely different valuations.

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Appraisal Today

SEPTEMBER 9, 2022

For example, you don’t want your appraisal for the executor being used by a beneficiary down the road to sell the property to someone. So, don’t say something open ended like: “the intended use is to provide a fair market value of the property.” The appraisal should not be used for any other purpose.”

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Appraisal Today

JANUARY 5, 2024

Modern Montauk NY ‘Tree House’ Offers Sweeping Oceanfront Views for $7.5M It’s known as the “Modern Montauk Tree House,” the listing notes. Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. Excerpts: 4 Bedrooms, 4.5

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Appraisal Buzz

DECEMBER 2, 2024

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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Appraisal Buzz

JANUARY 13, 2025

While the basic approach involves the valuation of properties using comparable sales, the proper use of statistical tools, such as a correlation matrix, can significantly enhance the quality and objectivity of the appraisal process. Correlation coefficients in the matrix range from -1 to 1.

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Appraisal Today

NOVEMBER 29, 2024

Soaring ceilings, expansive open spaces, & impeccable finishes, every detail reflects modern elegance. The recent expansion of appraisal waiver eligibility likely does not sit well with those poised to take on leadership roles in the next Trump administration, as it underscores creep from the GSEs missions. I have heard them. .

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Appraisal Today

NOVEMBER 16, 2024

The recent expansion of appraisal waiver eligibility likely does not sit well with those poised to take on leadership roles in the next Trump administration, as it underscores creep from the GSEs missions. On more than one occasion some who have read my appraisal reports felt that my opinion of value was too high.

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