McKissock

DECEMBER 7, 2021

Whether you’re a new appraiser or a seasoned appraiser looking to grow your income, you probably want to know, “What appraisal competencies do I need to master in order to maximize my success?” Key appraisal competencies. The more efficient you are, the more appraisal reports you can complete.

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AmeriMac

MARCH 15, 2025

Traditional Methods of Property Appraisal Property appraisals traditionally involved experts visiting buildings to compare them with similar recent sales in the area, known as the sales comparison approach. This method relies on finding comparable properties (comps) and adjusting for differences.

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East Coast Appraisal

AUGUST 22, 2023

However, getting an appraisal is not as simple as calling an appraiser and scheduling a visit. You need to take some steps before and during the appraisal process to ensure that you get the most accurate and reliable valuation possible. Discover some tips on how to prepare for a commercial property appraisal.

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AmeriMac

MAY 30, 2024

However, with advancements in technology and the availability of comprehensive property data, a new appraisal method called desktop appraisal has emerged, offering an alternative to the physical inspection of the property.

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McKissock

MARCH 24, 2022

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” Address potential bias in the use of technology-based valuation tools through rulemaking related to Automated Valuation Models (AVMs).

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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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AmeriMac

JANUARY 30, 2024

The significance of Reverse Mortgage Appraisal In the context of reverse mortgages, a crucial aspect is ensuring that the property’s value aligns with the loan terms, making the reverse mortgage appraisal process significant. This includes having the necessary amenities and being in a state of good repair.

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Boston Appraisal

JULY 6, 2023

Property disputes can come in many forms: from squabbles between neighbors about boundary lines to legal battles in a divorce proceeding over shared assets. In these situations, a property appraisal can be an indispensable tool in the lawyer’s arsenal.

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McKissock

DECEMBER 28, 2021

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.

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McKissock

APRIL 6, 2021

Whether your goal is to work fewer hours and improve your work-life balance or increase productivity and scale your business, there are many technology tools available to help you complete more appraisals in less time. Additionally, other technology tools will be shared for you to adopt for on-the-job use.

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Appraisal Partners Blog

JANUARY 6, 2025

At the heart of every successful investment strategy lies the crucial element of accurate property valuation, which is where professional appraisals become indispensable. The appraisal process provides a clear and objective perspective on the value of a property, separating the reality from perceived potential.

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Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. In early February, Fannie Mae and Freddie Mac, the government-sponsored entities (GSEs), incorporated desktop appraisals into their Selling Guides beginning in March 2022. What are some of the benefits of desktop appraisals?

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Clear Capital

MARCH 30, 2022

Clear Capital ® , a national real estate valuation technology company, has announced the launch of Desktop Appraisal and Desktop Data Collection , two products designed to further modernize and increase certainty in the appraisal process. Visit www.clearcapital.com/solutions/desktop/ to learn more. Continued Innovation.

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McCarthy Appraisal Blog

SEPTEMBER 4, 2018

You may need the services of a licensed appraiser if you are selling your home yourself or if you want to know the value of your home for refinancing purposes. Prepare a short list of appraisers using the search tools at the Appraisal Institute, the American Society of Appraisers and the Appraisal Subcommittee.

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The Robert Weiler Company

APRIL 20, 2021

As such, our experts at The Robert Weiler Company have put together this business valuation ‘questions and answers’ overview to offer more clarity behind the business appraisal process. This becomes a detailed process since many sole proprietors will use the same tools or equipment at home as they would on a job.

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AmeriMac

NOVEMBER 30, 2023

In this blog, we will take you through everything you need about commercial real estate appraisal, from defining the term and understanding its importance to exploring the different types of commercial properties that are appraised. The property inspection is a crucial step in the commercial appraisal process.

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Appraisal Today

OCTOBER 11, 2024

The Limits of AI: When the intelligence is artificial, common sense is a superpower By John Russell Excerpts: At some point, all of us will integrate AI tools into our business practices. You will have to own everything in your report, and if too much of the product is driven by AI tools, you may be asked: “Well, what exactly did you do here?”…

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AmeriMac

NOVEMBER 30, 2024

They create a clear and efficient way to handle the appraisal process. The Importance of Accurate Property Valuations Property appraisals are crucial when buying or selling a home. Accurate property appraisals are essential for making sound financial decisions in New Albany’s real estate market.

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AmeriMac

APRIL 30, 2024

These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area. After the inspection, the appraiser analyzes the data and prepares an appraisal report.

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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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Realvals

JUNE 18, 2023

By getting an appraisal, you can substantiate your claims and provide evidence to support your position. It’s not uncommon for property owners, insurance companies, or tax authorities to have contrasting opinions on the value of a property. An appraisal is an essential tool for managing your property portfolio effectively.

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Zillow

JULY 11, 2016

With the right tools, tricks and savvy, the appraisal process can not only go smoothly, it can also help you make a giant financial leap toward a future in a new home. Ideally, your appraiser will be a local who knows the area well and who has been around long enough to see changes in the market.

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Housing Wire

MAY 27, 2022

In March, the Biden administration announced a multi-step plan to advance equity in the appraisal process. With advances in data engineering and modeling, we now have the technology and tools available to begin correcting some of the bias and issues in the modern valuation process.

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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. Both GSEs argue that these approaches advance equity.

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AmeriMac

FEBRUARY 15, 2025

Understanding Appraisal Management Companies (AMCs) Appraisal Management Companies (AMCs) play a crucial role in real estate by coordinating the appraisal process among appraisers, lenders, and consumers. Quality checks in appraisals ensure that the property’s value shows its true worth in the current market.

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Clear Capital

JANUARY 5, 2023

Appraisers are trained to provide an objective, unbiased analysis, but they also must rely upon data and methodologies that have been impacted by the systemic racism of redlining. New technology has emerged to help appraisers digitize the collection of data and respond to a changing regulatory environment. Troubling research.

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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. Well like any other appraisal question it depends on the scenario. It also varies on the Gen AI being used.

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