Cleveland Appraisal Blog

AUGUST 25, 2022

You’ve just purchased your first property to renovate. Let the Renovations Begin! When you’re figuring out how much money you can put into your property, don’t forget to calculate renovations. Cleveland Appraisal Blog offers a wealth of free information on every aspect of the appraisal process.

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Investing Renovations Landlords Real Estate 332

Appraisal Buzz

APRIL 8, 2024

Real Estate: In a sector where property valuations can vary significantly based on an appraiser’s judgment, blockchain can offer a standardized and transparent valuation method. AI can analyze vast amounts of data on the blockchain to provide insights, predictions, and even automate certain appraisal processes.

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Technology Appraisal Valuation Supply Chain 418

Housing Wire

FEBRUARY 8, 2022

Loans for second homes, investment properties, cash-out refinances, construction loans, multi-unit properties, renovation loans, condos, co-ops or manufactured homes are not eligible. Any loan application flagged as ineligible by Fannie Mae’s automated underwriting system will have to use a traditional appraisal. “If

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Appraisal Appraisal Process Valuation Renovations 370

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Lenders, what’s in it for you?

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Appraisal Process Real Estate Appraisal Renovations 78

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

Appraisal Buzz

SEPTEMBER 5, 2022

Communication took on many forms, including development of written documents stating client reporting requirements, utilizing technology platforms to increase transparency throughout the appraisal process, and developing feedback to the appraiser on appraisal submissions. Complexity in Process and Properties.

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Appraisal Modernization Appraisal Process Technology 281

Realtor

FEBRUARY 22, 2019

-Oxford-/iStock The home appraisal process is just a formality when buying real estate, right? If you’ve applied for a mortgage, your home-to-be still has to undergo a comprehensive appraisal of its worth—and an unfavorable home appraisal can kill a real estate deal. Appraisers must remain independent.

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Appraisal Process Appraisal Mortgage Buyers 78

Realtor

FEBRUARY 22, 2019

-Oxford-/iStock The home appraisal process is just a formality when buying real estate, right? If you’ve applied for a mortgage, your home-to-be still has to undergo a comprehensive appraisal of its worth—and an unfavorable home appraisal can kill a real estate deal. Appraisers must remain independent.

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Appraisal Process Appraisal Mortgage Buyers 78

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

Appraisal Buzz

JUNE 6, 2022

They have that much variance in what they demand of the appraisal process. But the other problem is that it undercuts the contract you’re entering when you agree to perform the appraisal. Shepherding someone through that process when they reach out with an appraisal problem is something we should take pride in doing well.

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Appraisal Clients Inspection Appraisal Process 221

Kairos Appraisal Services

DECEMBER 16, 2021

There’s no doubt that 2021 was a hot real estate market, but there was another hot market this year, and that was the renovation market. This is a trend we will… The post Highest ROI: Top Home Renovations appeared first on Kairos.

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Renovations Inventory Real Estate Marketing 52

Cleveland Appraisal Blog

NOVEMBER 3, 2022

You would be amazed at how little many know about the appraisal process. People going thru some of these things need someone they feel comfortable talking to, to walk them thru what they need and what they can expect in terms of the appraisal process. Don’t be intimidated by what you don’t know.

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Business Appraisal Real Estate Agent Lending 393

McKissock

JANUARY 31, 2023

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” Thank you to the large number of appraisers who shared their input! ” “It’s a lot more than just pulling comps! .”

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Real Estate Agent Real Estate Agents Appraisal 97

Riverfront Appraisals

NOVEMBER 9, 2020

Riverfront Appraisals opened a new office in Tell City, Indiana. Located at 820 Tell Street in the newly renovated Turnkey Realty building in historic downtown Tell City, the new office had a ribbon cutting with the Perry County Chamber of Commerce on September 25 and is currently open for business. […].

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Appraisal Renovations Realty Business 120

Birmingham Appraisal

DECEMBER 17, 2024

Tips To Ensure a Successful Appraisal When it comes to the home appraisal process, providing complete and accurate information is critical for a successful appraisal. Real estate agents and loan officers play an important role in ensuring appraisers have the necessary data to deliver reliable valuations.

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Appraisal Easement Real Estate Agent Valuation 64

Birmingham Appraisal

JUNE 21, 2023

Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for real estate agents to navigate the appraisal process effectively.

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Real Estate Agent Real Estate Agents Appraisal 82

Appraisal Hub

MAY 5, 2024

In this blog, I aim to provide valuable insights and tips from an appraiser’s perspective, empowering real estate agents to navigate the appraisal process with confidence. Understanding the Role of Appraisers: First and foremost, it’s crucial for real estate agents to understand the role of appraisers.

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Real Estate Agent Real Estate Agents Appraisal Process 78

AmeriMac

FEBRUARY 18, 2021

A precise appraisal is a critical step of the process regardless of whether you want to sell, buy, or refinance. Let’s discuss what an appraisal is and why it’s so important. What is the Appraisal Process? A home appraisal refers to an unbiased and accurate report of your home’s worth.

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Appraisal Process Appraisal Sellers Buyers 36

AmeriMac

FEBRUARY 18, 2021

A precise appraisal is a critical step of the process regardless of whether you want to sell, buy, or refinance. Let’s discuss what an appraisal is and why it’s so important. What is the Appraisal Process? A home appraisal refers to an unbiased and accurate report of your home’s worth.

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Appraisal Process Appraisal Sellers Buyers 36

Simonson Real Estate

SEPTEMBER 16, 2021

New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc. What is a Standard Turn-around Time for a Commercial Appraisal? Providing an in-depth and accurate appraisal report can take many hours to complete. Navigating the Appraisal Process – What You Need to Know.

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Appraisal Appraisal Process Real Property Real Estate 78

Cleveland Appraisal Blog

MARCH 4, 2021

For instance, a thirty-year old home may have an effective age that is the same as a fifty-year old home, if the fifty-year old home has been renovated to a degree that is comparable to the younger home. Sometimes, two homes with wide age differences can have the same effective age.

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Appraisal Real Estate Real Estate Agent Loan Conditions 222

D Fritz Appraisals

MARCH 7, 2019

While these three factors are out of your control, there are still many things you can do to impress appraisers and list your house for top dollar. Before you go spending thousands of dollars in renovations, however, make sure you follow this advice from the outset. Every home is different.

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Renovations Appraisal Real Estate Agent Buyers 78

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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Sellers Real Estate Appraisal Appraisal Process 85

Chicagoland Appraisal Blog

MAY 13, 2021

And that means you can actually impact your home’s value by making renovations that are likely to increase its marketability and value in the real estate market. . The Value of a Home Appraisal. What Is the Home Appraisal Process? What Hurts a Home Appraisal? Various factors can hurt your home’s appraisal.

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Appraisal Renovations Home Value Real Estate 88

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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Appraisal Appraisal Process Renovations Appraisal Tips 85

Birmingham Appraisal

AUGUST 23, 2023

Navigating Complex Properties: In cases of unique or complex properties, agents and appraisers collaborate to ensure accurate valuations. Navigating Negotiations with Confidence: Accurate appraisals empower agents to negotiate confidently, armed with objective valuations that are essential for reaching successful agreements.

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Agents Appraisal Valuation Appraisal Process 89

The Robert Weiler Company

SEPTEMBER 16, 2021

And how does the real estate appraisal process work? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Residential vs. Commercial Property Appraisal and Their Differing Review Process.

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Real Estate Appraisal Property Appraisal Valuation 147

Cleveland Appraisal Blog

JUNE 25, 2021

Even if they are completely renovated, they are still not considered to be new. This information is incredibly valuable to the appraiser in the appraisal process for many things. Physical depreciation is the most common cause of loss of value. As a home ages, it begins to deteriorate.

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Market Value Appraisal Marketing Buyers 244

AmeriMac

FEBRUARY 18, 2021

A precise appraisal is a critical step of the process regardless of whether you want to sell, buy, or refinance. Let’s discuss what an appraisal is and why it’s so important. What is the Appraisal Process? A home appraisal refers to an unbiased and accurate report of your home’s worth.

Appraisal Process 28

Appraisal Process Appraisal Sellers Buyers 28

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 Modernization 154

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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Appraisal HOA Easement Valuation 130

East Coast Appraisal

JULY 8, 2021

If you own a home, you may be wondering about appraisals. The appraisal process is commonly done when you buy or sell a home, but you may need one for many reasons. If you think you may need a home appraisal in the near. How Much Does a Home Appraisal Cost? On the other hand, an appraisal can help with.

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Appraisal Appraisal Process Inspection Renovations 52

East Coast Appraisal

SEPTEMBER 12, 2022

Assuming your PMI agreement is eligible and your payments are current, you can move forward with the appraisal process to prove your loan-to-value ratio. . An appraisal might find that the house is now worth $250,000. When You Finish Renovations. When Home Prices Increase. When You Want to Refinance.

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Appraisal Renovations Insurance Home Value 52

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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Valuation Appraisal Inspection Appraisal Process 68

Realtor

DECEMBER 15, 2016

Below, we walk you through everything you need to know about the crucial appraisal process, and how to handle whatever appraisal results come your way. What appraisers do. Comparable sales play the most important role when determining valuation, says Rick Phillips , an appraiser and real estate agent in Vienna, VA.

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Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

AUGUST 24, 2017

And remember, these should be smaller home maintenance tasks, not big renovations. While giving a room a fresh coat of paint or adding some curb appeal is probably fine, it’s not the best idea to finish your basement right before an appraisal. Ask your agent to put a list of comps together to give to your appraiser.

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Appraisal Real Estate Agent Real Estate Agents 78

Realtor

DECEMBER 15, 2016

Below, we walk you through everything you need to know about the crucial appraisal process, and how to handle whatever appraisal results come your way. What appraisers do. Comparable sales play the most important role when determining valuation, says Rick Phillips , an appraiser and real estate agent in Vienna, VA.

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Appraisal Real Estate Agent Real Estate Mortgage 78