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5 Things To Consider When Getting A Hybrid Appraisal

Birmingham Appraisal

As a buyer, seller, or real estate agent involved in a sales transaction it’s important to be aware of changes in how things are done that may affect you. One of these changes is the use of the hybrid appraisal by lenders. What Is A Hybrid Appraisal? Things To Consider With Hybrid Appraisals.

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2024 USPAP For Appraisers

Appraisal Today

As this property data collector thing moves along, there continues to be no legitimate reason for Fannie Mae’s motivation to push this so hard other than they want the valuation process fully automated and can pay $25 for an untrained inspector to view a home. It shows a fundamental lack of understanding of what appraisers do.

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Decoding Property Appraisal for REO Properties

AmeriMac

These properties are typically owned by banks or government agencies, aiming to sell them quickly to recover losses. 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.