Appraisal Buzz

MAY 13, 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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Appraisal Appraisal Process Technology Tools 347

Simonson Real Estate

DECEMBER 6, 2022

Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.

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Appraisal Process Real Estate Appraisal Renovations 78

Housing Wire

SEPTEMBER 23, 2021

Others don’t provide appraisers with accurate enough data. Incenter Appraisal Management’s new remote appraisal inspection tool streamlines the appraisal process while ensuring appraisers stay in control of the inspection and data collection. Incenter recognizes the complexity of the appraisal process.

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Appraisal Inspection Technology Appraisal Process 397

Boston Appraisal

DECEMBER 11, 2023

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers.

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Appraisal Process Real Estate Appraisal Easement 78

The Robert Weiler Company

MAY 14, 2021

It is a group of increasingly vibrant – “and growing” – individuals with many estate planning appraisal and real estate planning needs for multiple properties. How Are Real Estate Appraisals Related to Estate Planning? Importance of Estate Planning Appraisal of Real Estate Properties.

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Real Estate Appraisal Legal Valuation 133

Appraisal Buzz

FEBRUARY 7, 2022

Exterior-Only is self-explanatory, where the scope of work states the appraiser completed an exterior viewing of the physical components of the property and the appraiser relied on other sources to gather property and improvement details. Appraisers rely on standards of practice and processes.

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Appraisal Inspection Development Technology 435

DataMaster

FEBRUARY 3, 2021

Replacing the old process with the new! Is it time to overhaul the appraisal process? By now, most appraisers have read the Request for Information (RFI) published by the Federal Housing Finance Agency (FHFA) on December 28, 2020. Appraisal Modernization. Many appraisers share Horn’s concerns.

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Appraisal Process Appraisal Modernization Training 78

Appraisal Buzz

APRIL 15, 2024

Appraisers will be presented with the data elements needed to report the characteristics of the subject property, and analyze the market, comparables, and other necessary parts of the appraisal process. Only those data and report elements that are important for the scope of work will be presented to the appraiser.

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Boston Appraisal

FEBRUARY 11, 2024

Introduction Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Leveraging Market Data The appraisal process begins with a thorough analysis of market data, focusing on sales of properties that share historical or antique characteristics.

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Appraisal Renovations Architecture Appraisal Process 147

Padove Appraisal Service

FEBRUARY 27, 2023

Many people’s experiences with real estate appraisals are limited to mortgage applications. The appraiser is usually selected, and the report ordered through the lender. The task of selecting an appraiser for purposes such as estate planning and settlement, divorce, tax appeal, etc.,

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Appraisal Real Estate Real Estate Agent Appraisal Process 145

Birmingham Appraisal

FEBRUARY 28, 2023

Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. These mistakes can significantly impact the value of a property and even lead to an appraisal being lower than the contract price.

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Appraisal Buzz

AUGUST 12, 2024

For years, we have referred to our appraisal reports as “forms,” but they have always been appraisal “reports.” Additionally, appraisers should clearly communicate their pricing structures to clients, emphasizing the scope of work and the time required to complete that scope credibly.

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Appraisal Inspection Lending Training 370

Simonson Real Estate

SEPTEMBER 25, 2020

The team at Simonson Appraisals has found that one of the best tools we have to overcome this challenge while continuing to produce reliable and credible appraisals is speaking with owners, lenders and other market participants dealing with the different segments of commercial real estate. Updated 9/8/2020.

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Valuation Appraisal Marketing Real Estate 130

East Coast Appraisal

OCTOBER 19, 2021

If you are selling a property, you do not receive a copy of the appraisal. Your listing agent will, however, let you know if the property appraised at or above the agreed-upon price. Real estate agents and appraisers often say they are going to run the comps. East Coast Appraisal Service. Cost Approach.

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Birmingham Appraisal

JUNE 19, 2024

How Important is a Confidential Appraisal? In the world of real estate appraisal, confidentiality is paramount. A confidential appraisal is of primary importance to homeowners who often express concern about the privacy of their appraisal report and who might have access to this sensitive information.

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Appraisal Appraisal Process Clients Real Estate 83

Valcre

JULY 6, 2022

Commercial Real-estate appraisal refers to determining the value of any kind of commercial property. If you are looking to buy, sell, manage or invest in a commercial property, you need to understand the appraisal process. Not just anyone can appraise commercial properties.

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Real Estate Appraisal Appraisal Process Development 40

The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. Question 1: What is a commercial real estate appraisal?

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Real Estate Appraisal Property Appraisal Valuation 60

The Robert Weiler Company

APRIL 20, 2021

,” you must go through the meticulous process of business valuation. Much like a commercial real estate appraisal , there is an underlying economic analysis for business valuation. As with property value in commercial real estate appraisals, a business’s worth can be determined in several ways.

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Valuation Business Buyers Market Value 147

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

How to Choose a Real Estate Appraiser? An appraisal is a professional appraiser’s unbiased and impartial opinion of value based on the condition of the property, prevailing real estate prices and other factors. An independent appraisal sets a benchmark value for your real estate.

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Real Estate Appraisal Valuation Loan Officers 36

The Robert Weiler Company

SEPTEMBER 18, 2022

As a land buyer, owner, or seller, understanding the true market value of the real estate in question is important. But first, it’s important to understand what is a land appraisal, how it is appraised, the real estate appraisal process, and what to expect. What is a Land Appraisal?

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Appraisal Valuation Real Estate Market Value 78

AmeriMac

FEBRUARY 18, 2021

Home appraisals are the perfect way to get an accurate measure of your house’s value. Now if you want to gain approval for a mortgage, you are going to need a good home appraisal. From the seller right down to the buyer, an experienced real estate appraiser is an essential part of the overall home purchasing process.

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Appraisal Process Appraisal Sellers Buyers 36

AmeriMac

FEBRUARY 18, 2021

Home appraisals are the perfect way to get an accurate measure of your house’s value. Now if you want to gain approval for a mortgage, you are going to need a good home appraisal. From the seller right down to the buyer, an experienced real estate appraiser is an essential part of the overall home purchasing process.

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Appraisal Process Appraisal Sellers Buyers 36

Real Quantum

JANUARY 11, 2023

How Accurate are Commercial Real Estate Appraisals? Commercial real estate appraisal accuracy can vary depending on a number of factors. For example, the qualifications and experience of the appraiser, the quality and quantity of comparable sales data available. References. Maximizing Accuracy.

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Real Estate Appraisal Appraisal Process Valuation 36

Birmingham Appraisal

SEPTEMBER 26, 2023

Real estate professionals use a mix of data analysis, market knowledge, and professional judgment to determine a property’s value or list price. However, in the quest for accuracy and reliability, one common mistake that real estate professionals need to avoid is the undue influence of outlier sales in pricing strategies.

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D Fritz Appraisals

OCTOBER 22, 2019

Start with our quick guide to choosing a home appraisal company. Before anything else, be sure you’re only considering real estate appraisal companies that specialize in your property type. Ask an appraisal company about their staff’s education, certifications, and amount of insurance liability. Home Appraisals.

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Appraisal Property Appraisal Real Estate Appraisal Process 78

Realtor

AUGUST 24, 2017

As you go around the home, put everything down on one list so that you can easily refer to it later. “I work with the seller to prepare a highlight sheet, just a simple one-page document outlining all the upgrades that have been done to the home,” says Ryan Hardy , a real estate agent with Gold Coast Realty Chicago.

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Realtor

AUGUST 24, 2017

As you go around the home, put everything down on one list so that you can easily refer to it later. “I work with the seller to prepare a highlight sheet, just a simple one-page document outlining all the upgrades that have been done to the home,” says Ryan Hardy , a real estate agent with Gold Coast Realty Chicago.

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Appraisal Real Estate Agent Real Estate Agents 78

DW Slater Company

FEBRUARY 24, 2022

As technology has evolved we have much greater access to data and appraisers are learning to adapt and use this technology. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process.

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Inspection Tools Appraisal Technology 154

D Fritz Appraisals

AUGUST 12, 2019

home appraisal – an often mandatory step the buyer’s lender insists on. A home appraisal and a home inspection are two important steps in many real estate transactions, and for new buyers, there can sometimes be confusion over the two terms. What Is a Home Appraisal? If you’re buying your first new home, we at D.

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Inspection Appraisal Property Appraisal Real Estate 98

McKissock

JULY 20, 2021

The root of many misconceptions about the appraisal inspection is the word “inspection” itself. Appraisers perform similar inspections, to one degree or another, in most appraisal assignments. Can an appraisal inspection substitute a home inspection? Why are these roles often confused?

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Inspection Appraisal Construction Clients 105

Appraisal Today

FEBRUARY 28, 2025

———————————————— On Staying Current By Timothy Andersen, MAI Excerpts: In this monograph, we discuss the absolute necessity of developing more than one skill set as part of becoming a competent and professional real estate appraiser.

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Appraisal Real Estate Contracts Training 55

Padove Appraisal Service

JANUARY 11, 2019

They can’t replicate the knowledge and market insight of a home appraiser. Real estate markets have too many imperfections to reliably reduce to a mathematical calculation. They are unable to account for nuances recognized by local markets and known by local appraisers. Time and again, AVM’s have failed that mission.

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Appraisal Inspection Valuation Buyers 78

Chicagoland Appraisal Blog

MAY 13, 2021

A home appraisal is an unbiased opinion of a home or property’s value. Real estate professionals or other appraisal experts can help you determine the market value of your home. Home values are, unfortunately, subject to the ups and downs of the real estate market. The Value of a Home Appraisal.

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Appraisal Renovations Home Value Real Estate 88

AmeriMac

FEBRUARY 18, 2021

Home appraisals are the perfect way to get an accurate measure of your house’s value. Now if you want to gain approval for a mortgage, you are going to need a good home appraisal. From the seller right down to the buyer, an experienced real estate appraiser is an essential part of the overall home purchasing process.

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Appraisal Process Appraisal Sellers Buyers 28

Genworth MI Blog

AUGUST 31, 2022

Additionally, appraisers are only qualified to comment on the observed condition of a property. They are required to refer concerns impacting livability, soundness and/or structural integrity to a more qualified expert for further assessment. Q: How do automated valuation models (AVMs) come into play in the appraisal process?

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Inspection Appraisal Marketing Appraisal Process 78

Town & Country Residential Appraisals

JANUARY 30, 2023

I’ve been discussing the topic of real estate appraisals and the allegations of racial bias that has the possibility of creating issues for some homeowners or potential homeowners. When the appraisal is completed it is perceived to be “low”. A subsequent appraisal is completed in which the home has now been “whitewashed”.

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Appraisal Appraisal Process Real Estate Marketing 60

Appraisal Today

OCTOBER 6, 2023

All Advisory Opinions, Frequently Asked Questions and the recently launched Reference Manual will now be part of a standalone publication called the 2024 USPAP Guidance and Reference Manual. You can also purchase a linked digital version of the eUSPAP and Guidance and Reference Manual and get seamless access across both documents.

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Appraisal Contracts Real Estate Mortgage 81