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This article first appeared in the June issue of National Mortgage Professional Magazine. . The home appraisal has been requested…the waiting begins. Will the appraiser give credit for all the upgrades in the home? Is the appraiser familiar with the neighborhood? Tips for Appealing an Appraisal. Sign me up!
This article first appeared in the June issue of National Mortgage Professional Magazine. . The home appraisal has been requested…the waiting begins. Will the appraiser give credit for all the upgrades in the home? Is the appraiser familiar with the neighborhood? Tips for Appealing an Appraisal. Sign me up!
I came across a Facebook post from an appraiser friend of mine about an article written in the Chicago Tribune titled Homebuyers who pay cash win deals as appraisals derail sale in tight Chicago market. The title is definitely eye-catching especially to an appraiser in Chicago. What can you do in that situation?
FHA AppraisalTips. The real estate article FHA Appraisal Requirements – What You Need to Know can be found at: CP Home Appraisals. The following are excerpts from HUD Mortgagee Letter 2005-ML-48 regarding repair and inspection requirements. Protect the security of the property (Security).
Appraising started in the U.S. Non Lender AppraisalTips from Appraisal Today Pluses and minuses of the many different types of non lender appraisals to help you choose what you want to do. To read more about these topics, plus 2+ years of previous issues, subscribe to the paid Appraisal Today.
During the normal course of business, appraisers must verify information about the comparables they use (agents can also do this to improve how they list homes- Click Here to read my past article). They must also find out everything about the comparable so that they can assess how it compares to the property that is being appraised.
If your records still need to be completed, now do it for 2022 using the appraisal addresses you appraised and drove by. If this article helped you save more than the subscription price, it pays for itself and more! To read more about this topic, plus 2+ years of previous issues, subscribe to the paid Appraisal Today.
McKissock’s Unlimited Learning Members enjoy 24/7 access to a wide variety of online appraisal classes, webinars, videos, podcasts, checklists, job aids, and other resources. Plus, we’re adding to our library each month so that you get the most current and relevant information to grow your real estate appraisal career.
Are you just starting your real estate appraisal career? Last month we asked our appraisal community, “If you could give ONE piece of advice to a new appraiser, what would it be?” ” Thank you to the large number of appraisers who shared their top tips for new appraisers!
Sixth on our list of excellent appraisal podcasts is the Appraiser Secrets Podcast hosted by Mark “MJ” Jackson. This real estate investing podcast provides real estate, personal development, business operations, and appraisertips and tricks. Did we miss any? Join the conversation on Facebook or Twitter.
The client claimed in a subsequent professional liability lawsuit that the appraiser wasn’t suitably persuasive as a testifying expert. To read more about this topic, plus 2+ years of previous issues, subscribe to the paid Appraisal Today. I wrote about it in a recent monthly paid newsletter issue with many appraisertips.
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