Valuation Nation

OCTOBER 16, 2022

But to give some color to the concepts I often say that neighborhoods are groupings of properties that is made up of homes to live in, shopping and retail to buy groceries and household items and access to major commuting corridors to drive to work. Appraisers: Use Your Tools. 2] The Dictionary of Real Estate Appraisal 7 th Edition.

Real Estate 116

Real Estate Appraisal Marketing Inventory 116

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.

Appraisal 36

Appraisal Valuation Appraisal Process Real Estate 36

Dart Appraisal

APRIL 30, 2021

The following are typical must-knows for an appraiser before accepting a commercial assignment: What is the property type? Vacant land, retail, industrial, multi-family, etc. . Who is the intended user of the appraisal report, and for what purpose is it being used? What is the property location, and when is the report due? .

Contracts 69

Contracts Appraisal Tips Appraisal Clients 69

The Robert Weiler Company

OCTOBER 21, 2022

To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked. So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. So, why do you need a commercial real estate appraisal?

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Today

FEBRUARY 28, 2025

The Appraisal Process: Valuing a Hobbit Hole Like Bag End The valuation process of Bag End takes some extraordinary assumptions, if we are to appraise the home as a residential property. Core Valuation Management, Inc., Tolkien, The Hobbit, “An Unexpected Party”). Clear Capital, et al.,

Appraisal 56

Appraisal Real Estate Contracts Training 56

Appraisal Today

AUGUST 25, 2023

On Friday, NAR put out a notice asking appraisal members in the affected areas to alert their non-member colleagues. It’s also impacting the appraisal process and is generating questions from both lenders and appraisers about what this means for appraisals on loans sold to Freddie Mac.

Appraisal 85

Appraisal Real Estate Agent Agents Real Estate 85

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. Understanding the commercial real estate appraisal process is crucial for anyone involved in the buying or selling of commercial properties.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

AmeriMac

NOVEMBER 30, 2023

Appraisers can work independently or as part of appraisal firms, real estate appraisal departments, financial institutions, corporations, or government agencies. Becoming a commercial appraiser requires appropriate education, training, experience, and certification.

Appraisal 36

Appraisal Inspection Appraisal Process Real Estate 36

Appraisal Today

AUGUST 2, 2024

10 Must-See Mansions That Define the High-End Trend Accurate Appraisal Underreporting How Confidential is Your Appraisal? Agencies Issue Final Rule to Help Ensure Credibility and Integrity of Automated Valuation Models Mortgage applications decreased 3.9

Appraisal 82

Appraisal Valuation Law Contracts 82

Appraisal Today

OCTOBER 6, 2023

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.

Appraisal 86

Appraisal Contracts Real Estate Mortgage 86

Appraisal Today

JUNE 28, 2024

The driver behind this final rule was to eliminate potential bias in valuations by replacing appraisers with AVMS. The void in representation by the appraisal industry over the past decade on the AVM issue, to talk about those 200 feral cats living in the house being valued, has enabled AVMs to be legitimized by the federal government.

Valuation 64

Valuation Appraisal Real Estate Real Estate Agent 64

Appraisal Today

OCTOBER 11, 2024

The good news for valuation professionals is they have lots of experience spotting data points that don’t jibe with what they know. As market uncertainty and headwinds persist, Working RE reached out to James Heaslet, chief appraiser at the VA, to get his thoughts on several topics specific to the VA and the profession at large.

Appraisal 83

Appraisal Insurance Contracts Valuation 83

Appraisal Today

APRIL 12, 2024

Desktop Appraisals: Who, When, and Why Excerpts: The ability to identify property characteristics without a personal inspection is not a new concept. Similarly, while not identical, appraisers generally use the cited sources above to identify the physical characteristics of comparable sales in their appraisals. percent from 6.37

Appraisal 86

Appraisal Construction Contracts Architecture 86

Appraisal Today

AUGUST 23, 2024

Billionaire Getty Heir Puts Extraordinary Greek Temple (Temple of Wings) on the Market for $5 Million Redfin Reports Investor Home Purchases Post Biggest Increase in Two Years The Biggest Home in Each State Objectionable Valuations Become Hate Speech, Inflating Home Prices Mortgage applications decreased 10.1 percent from 6.04

Appraisal 75

Appraisal Contracts Investors Property Appraisal 75

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. Many downtown mixed-use buildings (retail and apartments) are in my city. percent from 6.14

Appraisal 89

Appraisal Contracts Training Architecture 89

Appraisal Today

MARCH 15, 2024

How To Appraise Rural Properties Excerpts: Appraising residential properties in rural areas can be both challenging and rewarding. Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation.

Appraisal 77

Appraisal Inspection Modernization Business 77

Appraisal Today

DECEMBER 2, 2022

Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. Completing Evaluations in compliance with the Interagency Appraisal and Evaluation Guidelines. which can relate to valuation. He remembered me from Valuation 2000. They provide CMAs, etc.,

Appraisal 89

Appraisal Agents Real Estate Real Estate Agent 89

AmeriMac

APRIL 15, 2023

In this blog, we will cover what a commercial real estate appraisal is, how it differs from residential appraisals and the different types of commercial real estate appraisals. We will also discuss the various factors that impact commercial real estate valuations.

Real Estate 36

Real Estate Appraisal Valuation Property Taxes 36

Appraisal Today

SEPTEMBER 29, 2023

How to Identify a Single-Family with ADU vs. Two-Family Property By McKissock Excerpts: The presence of an additional living unit can complicate the appraisal process. It may make it difficult for you, the appraiser, to know how to classify the subject property. The survey covers over 75 percent of all U.S.

Insurance 88

Insurance Appraisal Contracts Mortgage 88

Appraisal Today

SEPTEMBER 20, 2024

” (Chapter 7) This excerpt vividly illustrates the prospective advancements in AI-powered appraisal processes. In 2018 ASA merged with NAIFA (National Association of Independent Fee Appraisers) with mostly residential members. ASA was popular for commercial appraisers in the past due to hassles getting an MAI.

Appraisal 82

Appraisal Business Contracts Real Estate 82

Appraisal Today

JUNE 21, 2024

‘If he who dedicated it wants to redeem his house, then he must add one-fifth of the money of your valuation to it, and it shall be his.” Thanks to John Karmelich, MAI for this contribution to appraisal history from the Bible. retail residential mortgage applications, and has been conducted weekly since 1990.

Appraisal 78

Appraisal Architecture Contracts Design 78

Appraisal Today

DECEMBER 23, 2022

If appraisers are required to use any arbitrary number, the result will be less than optimal. Modern valuation progress requires three things: 1) a clear definition of “what is a comp?” Appraisals are ordered after the loan application. retail residential mortgage applications and has been conducted weekly since 1990.

Appraisal 52

Appraisal Contracts Mortgage Modernization 52

Appraisal Today

APRIL 7, 2023

Communicating quickly with the lender is an issue with the appraisal process. Below are just a few of the ways appraisers can utilize their expertise to diversify their practice and earn the many – yet sometimes elusive – non-lender work opportunities that exist in today’s market. percent from 5.62

Appraisal 52

Appraisal Property Taxes Reconsideration of Value Contracts 52

Appraisal Today

FEBRUARY 21, 2025

percent from one week earlier Zoning in the Appraisal Process Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news! Applying each of these tests properly is essential to the valuation process.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

AUGUST 13, 2023

PAVE Response and Marcia Fudge by Dave Towne Excerpts: Folks, the American Enterprise Institute Housing Center has been, to date, the only major voice in the wilderness I’ve seen publicly defending appraisers and the appraisal process. Why are appraisers using older sales? For a balanced view of things, why not do both?

Appraisal 83

Appraisal Contracts Real Estate Agent Real Estate 83

Appraisal Today

NOVEMBER 22, 2024

The conversation focused on the limitations of Automated Valuation Models (AVMs) and emphasized the necessity of qualified appraisers in property valuation; specifically for all purchase transactions. closed-end residential mortgage applications originated through retail and consumer direct channels. percent from 6.06

Appraisal 89

Appraisal Training Contracts Mortgage 89

Appraisal Today

JANUARY 17, 2025

The goal is to make sure every adjustment is defensible, based on empirical evidence, and can withstand scrutiny from all stakeholders involved in the appraisal process. Failure to make market-derived time adjustments when indicated by market data is an example of an unacceptable appraisal practice. baths, 50,000 sq.ft.

Appraisal 85

Appraisal Marketing Contracts Construction 85

Appraisal Today

NOVEMBER 29, 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. I also look at Project 2025 to see at what might happen for appraisers in my articles. Are you getting too many ad-only emails?

Appraisal 85

Appraisal Business Contracts Real Estate 85

Appraisal Today

MARCH 7, 2025

In the meantime, appraisers should remain vigilant, adaptive, and regionally focused to provide the most accurate and defensible valuations. To read more, Click Here My comments: Written by an appraiser for appraisers, who is also an economist. He tells you what trends means for appraisers. percent from 6.08

Appraisal 52

Appraisal Contracts Construction Valuation 52

Appraisal Today

NOVEMBER 16, 2024

Nevertheless, where does the typical appraiser provide such summary information?… … So, it is clear from these Fannie Mae instructions that the appraisal of a SFR includes an analysis and valuation of the subject site separate from the valuation of the site as improved. percent from 6.05 The survey covers U.S.

Appraisal 87

Appraisal Valuation Contracts Mortgage 87