Genworth MI Blog

FEBRUARY 18, 2021

To relieve some of the stress, savvy loan officers educate their borrowers on what to expect from an appraisal inspection and how to prepare. Since appraisal inspections in the current environment may be in-person or virtual, there are many tips to help your borrower prepare for the appraisal.

Inspection 148

Inspection Appraisal Real Estate Loan Officers 148

Chicagoland Appraisal Blog

APRIL 11, 2021

They even go on to say a Zestimate is not a home appraisal and encourage buyers and sellers to get a house appraisal: “The Zestimate’s accuracy depends on location and the availability of data in an area. The Zestimate is not an appraisal and it should be used as a starting point.

Appraisal 135

Appraisal Real Estate Real Estate Agent Sellers 135

Birmingham Appraisal

AUGUST 8, 2023

In this blog post, I’ll walk you through the top 10 benefits of getting a pre-listing appraisal, shedding light on how it can help you make informed decisions and maximize the value of your property. Set the price too high, and you risk scaring away potential buyers. A pre-listing appraisal can mitigate these worries.

Appraisal 83

Appraisal Buyers Real Estate Investing 83

Birmingham Appraisal

JUNE 21, 2023

Recent Comparable Sales: Appraisers analyze recent sales data of comparable properties in the area to provide a market-derived opinion of value. Importance of Accurate Pricing Accurate pricing is vital for both sellers and buyers. Common Appraisal Challenges That Impact Home Sales 1. Here are some valuable insights and tips: 1.

Real Estate Agent 84

Real Estate Agent Real Estate Agents Appraisal 84

Birmingham Appraisal

JUNE 13, 2023

Appraisal Tips For Real Estate Agents As a real estate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the real estate market. I believe that appraisers and agents have a common goal: to help their clients buy or sell a home.

Real Estate Agent 86

Real Estate Agent Real Estate Agents Reconsideration of Value 86

Birmingham Appraisal

AUGUST 3, 2022

Appraisers study the behavior of buyers to understand their motivations and then they measure the effects of that motivation on what buyers are willing to pay for a house. One way for the appraiser to understand buyer motivation is to know exactly what factors they considered when purchasing a home.

Agents 89

Agents Appraisal Sellers Buyers 89

Birmingham Appraisal

APRIL 11, 2023

In today’s market where so much information is available online, it’s important to put in the research upfront when pricing a home because we know buyers do and they will know when a listing is overpriced. Today I’m going to share my top tips for choosing comps from an appraiser’s perspective.

Realtors 92

Realtors Bracketing Appraisal Buyers 92

Birmingham Appraisal

AUGUST 30, 2023

If there are few recent sales in your area, it can be challenging to establish an accurate appraisal value. These are locations that a potential buyer would also look at and that would provide a similar alternative. This is often done to save money, however, in the end, it can result in a less-than-accurate appraisal.

Appraisal 87

Appraisal Appraisal Process Renovations Appraisal Tips 87

Birmingham Appraisal

DECEMBER 19, 2023

Mistakes Real Estate Agents Need to Steer Clear Of 1) Not providing an information packet to the appraiser – An information packet is the easiest thing to share with the appraiser. Most agents put together this information for potential buyers so why not share it with the appraiser?

Real Estate Agent 77

Real Estate Agent Real Estate Agents Appraisal 77

Boston Appraisal

NOVEMBER 6, 2020

Reason #1: The Range of Value The primary reason appraisals differ is because, in reality, real estate appraisals are designed to provide a range of value rather than one set price. A real estate appraisal measures the actions of typical buyers and sellers in the marketplace and rarely do two buyers offer the same exact amount.

Appraisal 78

Appraisal Market Value Sellers Real Estate 78

Genworth MI Blog

FEBRUARY 18, 2021

To relieve some of the stress, savvy loan officers educate their borrowers on what to expect from an appraisal inspection and how to prepare. Since appraisal inspections in the current environment may be in-person or virtual, there are many tips to help your borrower prepare for the appraisal.

Inspection 78

Inspection Appraisal Real Estate Loan Officers 78

Will Springer Realtor

OCTOBER 19, 2021

Not all home appraisals – and those who conduct them – are created equal. The home is under contact, seller and buyer have agreed to terms. Buyer is financing the purchase through a mortgage lender and the underwriter wishes to confirm the value of the home before issuing the loan. (No Home Appraisal Tips for Buyers ).

Contracts 41

Contracts Appraisal Sellers Real Estate Agent 41

Birmingham Appraisal

SEPTEMBER 3, 2024

These Appraiser Tips for Home Pricing in Birmingham, AL Could Save You Thousands Correctly pricing a home is one of the most critical factors in successfully selling real estate, particularly in a dynamic market like we currently have in many parts of the country.

Appraisal 52

Appraisal Sellers Real Estate Market Value 52

Birmingham Appraisal

AUGUST 23, 2022

It’s important to remember this because a comp is considered to be a similar but different alternative for a potential buyer. Buyers will take this into consideration when they make an offer on a house and they will factor in the cost to fix these items, which can make their offer lower.

Real Estate Agent 88

Real Estate Agent Appraisal Real Estate Renovations 88

Chicagoland Appraisal Blog

JULY 13, 2017

You can employ his strategy which is to offer to make up any shortfall in the appraisal with cash from the buyer to pay the seller, go with a new lender, appeal the appraisal which hardly ever works unless there factual errors as suggested by Mr. Goldberg or might I suggest an ounce of prevention is worth a pound of cure as quoted by….

Appraisal 78

Appraisal Marketing Realtors Real Estate 78

Chicagoland Appraisal Blog

JANUARY 21, 2020

What’s more, a proper appraisal will identify and should apply the costs associated with these upgrades in the appraisal of the home. A new kitchen is great, but if the roof leaks or you can’t heat it, you’re going to have some unhappy home buyers. . and that is extra equity for the homeowner.

Appraisal 78

Appraisal Real Estate Home Value Real Estate Agent 78

Appraisal Today

JULY 21, 2023

This likely has to do with the cost of building a pool, cost of maintaining a pool, and even larger parcels at higher ranges – not to mention buyers at higher price points expecting a pool more often. In contrast, pools hardly exist in some locations, so it’s less of a factor because buyers don’t expect a pool.

Appraisal 90

Appraisal Real Estate Contracts Business 90

AmeriMac

NOVEMBER 15, 2024

In real estate transactions, a home appraisal is an essential step for buyers and sellers. This process involves a careful inspection of the property by a licensed appraiser. The appraiser is a neutral third party who honestly assesses the home’s market value. The home appraisal process looks at different factors.

Appraisal 36

Appraisal Appraisal Process Real Estate Market Value 36

McKissock

OCTOBER 29, 2021

In addition to the top twelve most common tips listed above, appraisers also shared the following advice for newcomers to the profession: “Trust your instincts.” ” “Listening to buyers is knowing the market.” ” “Specialize in types of appraisals and/or geographical regions.

Appraisal 88

Appraisal Inspection Training Development 88

Birmingham Appraisal

JUNE 11, 2024

A marketing appraisal is conducted before a home is listed for sale, either by the owner or a realtor. How it helps: Accurate Pricing: By obtaining an appraisal before listing, you can set a realistic and competitive price for your home. This can attract serious buyers and prevent prolonged market time.

Appraisal 87

Appraisal Property Taxes Valuation Real Estate 87

AmeriMac

JUNE 30, 2024

Conducted by a licensed appraiser , the appraisal plays a critical role in the mortgage process by determining the loan amount your lender will offer. In this blog, we’ll cover home appraisal key components, the process, factors influencing values, and tips for buyers and sellers.

Appraisal 36

Appraisal Renovations Mortgage Inspection 36

Appraisal Today

DECEMBER 1, 2023

B) Buyer Behavior … C) School System … To read lots more, plus maps and many appraiser comments, Click Here ————————————————————————— Why Comp Photos in Appraisals?

Appraisal 89

Appraisal Business Contracts Technology 89