Appraisal Buzz

MARCH 24, 2025

Measuring and analyzing changes in market conditions are critical and fundamental elements in real estate appraisal. This is simply because such a value conclusion has as its base a specific date in time, the effective date of appraisal. However, this raises the question of which time period should the appraiser measure?

Contracts 284

Contracts Appraisal Real Estate Marketing 284

Housing Wire

SEPTEMBER 28, 2021

A Fannie Mae official Monday questioned the role of appraisal management companies, or “AMCs,” in evaluating houses. “We Perhaps AMCs can streamline the appraisal process, said Radke at a panel on the future of valuations, which happened to include Martin Froehlich, chief appraiser of AMC Nationwide Appraisal Network.

Valuation 448

Valuation Appraisal Process Appraisal Government 448

Cleveland Appraisal Blog

SEPTEMBER 3, 2021

In most parts of the country, real estate appraiser’s main source of data is the multiple listing service. Let’s talk about three areas of a listing that, when completed accurately, can help appraisers to develop more supportable opinions of value. An appraiser may miss that sale through no fault of their own.

Agents 378

Agents Appraisal Renovations Development 378

Appraisal Buzz

SEPTEMBER 5, 2022

This is part three of a three part series on appraisal review – Read parts one and two. When interacting with executive managers, I am often posed with the following question “How do you know when you are looking at a “good” appraisal?” The Recent History of Appraisal Revisions. Complexity in Process and Properties.

Appraisal 281

Appraisal Modernization Appraisal Process Technology 281

Housing Wire

APRIL 27, 2021

Here it is: another article about appraisal modernization. Many are tired of hearing about how the appraisal industry needs to change and progress. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents.

Modernization 347

Modernization Appraisal HOA Valuation 347

Appraisal Buzz

AUGUST 12, 2024

This is the final article in Ernie Durbin’s three-part series on the new UAD. The first article on April 15, 2024, was “ From Forms to Reports: A Look at the UAD Overhaul. ” The second article on July 15, 2024, was “ The New UAD: Don’t Borrow Trouble. How will lenders order appraisals without standard form numbers?

Appraisal 370

Appraisal Inspection Lending Training 370

Appraisal Buzz

JULY 15, 2024

This is a continuation of the April 15, 2024 article “ From Forms to Reports: A Look at the UAD Overhaul ” I am named after my father, who passed away in 2000. I had just returned from college, and back then, there was no appraisal software available. Although well-intended, the early example of the new appraisal report backfired.

Appraisal 363

Appraisal Design Appraisal Process Valuation 363

Cleveland Appraisal Blog

MARCH 26, 2025

I took some time off from blogging to catch up on work and re-group mentally from the past few years of real estate craziness, culminating in a hectic last six months of an appraiser. Thank you for being here to read my article on bedroom requirements and the housing statistics for Cuyahoga County. I just needed a little breather.

Appraisal 195

Appraisal Buyers Renovations Appraisal Process 195

Appraisal Buzz

MARCH 8, 2022

In January 2022, Fannie Mae and Freddie Mac announced a desktop appraisal option that goes live in mid-March 2022. In various articles and opinion pieces, some claim that desktop appraisals will solve the appraiser shortage and modernize the appraisal process, while others claim that they will cause the demise of the appraisal profession.

Appraisal 195

Appraisal Modernization Appraisal Process 195

Cleveland Appraisal Blog

AUGUST 25, 2022

Today, Cleveland Appraisal Blog shares a few tips for first-time investors. Cleveland Appraisal Blog offers a wealth of free information on every aspect of the appraisal process. I always appreciate Jessica’s articles! You can also listen right here at Cleveland Appraisal Blog! . Let us know !

Investing 337

Investing Renovations Landlords Real Estate 337

Appraisal Buzz

NOVEMBER 1, 2021

This article is the final submission in a 3-part series which uses probability theory as a useful tool for answering some of the difficult questions which have faced appraisers, particularly in rapidly changing market conditions. If you haven’t read those yet, I’d recommend reading them first. Comparable Selection.

Appraisal 370

Appraisal Tools Appraisal Process Legal 370

Appraisal Today

DECEMBER 6, 2024

Newz: GSE New Market Conditions Policy, State Board Complaints, Waivers December 6, 2024 Whats in This Newsletter (In Order, Scroll Down) LIA ad– Navigating Value Revisions in Appraisals Market Trends and Market Conditions Adjustments. Appraisal Desk, AMC, etc.). Appraisal Desk, AMC, etc.). What does USPAP say?

Appraisal 73

Appraisal Marketing Real Estate Buyers 73

Cleveland Appraisal Blog

OCTOBER 29, 2021

If you’re reading through an appraisal report, and you make it to the Cost Approach, which is where appraisers report either the reproduction or replacement cost of the home they are appraising, you will see a little field that says, “ Remaining Economic Life “ What does this number indicate?

Appraisal 370

Appraisal Development Finance Lending 370

Appraisal Partners Blog

JANUARY 20, 2025

Introduction The residential appraisal is a cornerstone of the real estate world, yet it’s often shrouded in mystery for many homeowners. Whether you’re buying, selling, or refinancing, an appraisal plays a vital role in determining the true market value of a property. This valuation is crucial for a multitude of reasons.

Appraisal 78

Appraisal Inspection Valuation Appraisal Process 78

Appraisal Buzz

MAY 9, 2022

It is no secret that log homes do not appraise well. In the past, almost every major log home magazine has posted an article on the topic. The question is raised as to what is the real problem with log home valuation and what is the problem with appraisers working in the niche log home market?

Valuation 396

Valuation Legal Construction Appraisal 396

Appraiserblogs

JULY 24, 2024

The HousingWire article highlighting that only 40% of homes sold include an “accurate” appraisal, as defined by the Corporate Settlement Solutions (CSS) report, is deeply problematic and indicative of a concerning lack of understanding around the appraisal process.

Appraisal 120

Appraisal Appraisal Process Market Value Marketing 120

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

Have you ever read thru an appraisal report? The Sales Comparison approach, as the name implies, compares the property being appraised to other properties that a potential buyer might consider as a substitute for buying the property being appraised. When completing an appraisal, there may be four values.

Appraisal 342

Appraisal Development Valuation Market Value 342

Cleveland Appraisal Blog

JANUARY 7, 2021

CONSIDERING LAND IN THE APPRAISAL PROCESS. When appraising a property, we must analyze what the highest and best use of the land is. I’m not going to delve into the highest and best use topic in this article. I appraised some properties last year that demonstrate these two situations nicely. EXCESS LAND.

Appraisal 347

Appraisal Inspection Legal Real Estate 347

DataMaster

APRIL 6, 2021

What is an home appraisal? Why Didn’t My Home Appraise Higher? Appraisals can be confusing. A friend (I’ll call him Art) recently had his home appraised. When the appraisal came back, he was shocked to see that his home appraised for less than two homes nearby that had recently sold.

Appraisal 158

Appraisal Appraisal Process Buyers Legal 158

Advanced Appraisal

FEBRUARY 27, 2019

[link] (..)

Appraisal Process 78

Appraisal Process Appraisal 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.

Appraisal 147

Appraisal Renovations Architecture Appraisal Process 147

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. Below are are several key points from my presentation titled Navigating the Appraisal Process that’s been presented several times to the U.S. Lenders, what’s in it for you?

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Appraisal Buzz

JANUARY 31, 2022

It’s no secret that appraisers are overworked. It is no secret that there is an underlying tension growing in the appraisal industry directed at appraisers, AMCs, and lenders. This is such a broad topic that can apply pretty much anywhere in a real estate transaction and it probably seems I am phoning this article in…(Get it?…

Inspection 195

Inspection Appraisal Process Appraisal Clients 195

Boston Appraisal

OCTOBER 8, 2022

In recent years, it has become common for lenders to obtain hybrid appraisals. While appraisers provide an essential service through their reports, this work comes at high costs to the buyer or borrower. This cost can be measured in terms of dollars spent on an appraisal or the time required to produce a full appraisal report.

Appraisal 135

Appraisal Inspection Appraisal Process Valuation 135

Housing Wire

AUGUST 30, 2022

Some lenders are contemplating changes to their origination channels such as the re-emergence of equity lending via HELOC and Second Loan products, according to this recent HousingWire article. Some studies suggest the number of active appraisers is steadily declining by an average of 2.6%

Tools 435

Tools Lending Valuation Technology 435

Appraisal Buzz

MAY 31, 2022

This series of articles explores the role of appraisal review processes in the risk system in the format of mortgage lending for 1-4 family real estate. Throughout, I’ll address current practices and processes of appraisal review, measuring change through observations, and insight as to what is to come.

Real Estate 221

Real Estate Valuation Lending Appraisal 221

McKissock

SEPTEMBER 8, 2020

Previously, we asked our real estate appraisal community, “What’s your favorite part of the appraisal process ?” This time, we asked appraisers, “What part of the appraisal process do you find the most challenging? What part of the appraisal process do you find the most challenging?

Appraisal Process 65

Appraisal Process Appraisal Valuation Clients 65

Appraiserblogs

OCTOBER 31, 2022

Appraisers, this is a long article but it’s important, as it reveals how you are being discredited in the work you do. Related Posts: Census Tract Info Used Against Appraisers "Census tract boundaries do not necessarily define the subject's market." Appraisers, of all the issues I’ve written about or questioned….

Appraisal 104

Appraisal Appraisal Process Marketing Contracts 104

Appraisal Buzz

JUNE 6, 2022

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. Now is your last time to sign up to receive the Appraisal Buzz Magazine for free from the Appraisal Buzz Premium Membership ! Every appraisal starts with identifying the appraisal problem.

Appraisal 221

Appraisal Clients Inspection Appraisal Process 221

Appraiserblogs

SEPTEMBER 22, 2021

“Digitizing the entire appraisal process”… what does this even mean? According to the article written by Richard Torne in Mortgage Professional America, Class Valuation has announced the acquisition of DataMaster. appeared on Appraisers Blogs. No more tape measures? No more typing?

Appraisal 97

Appraisal Valuation Appraisal Process Mortgage 97

Appraiserblogs

SEPTEMBER 20, 2021

Could this be another reason why so many real estate appraisers refuse to do bifurcated hybrid appraisals? Recently, a Mueller Services ‘inspector’ posted a comment on the article titled “Mueller Sample Report. Who’s REALLY completing bifurcated/hybrid appraisal reports? You Decide!“ You Decide!

Appraisal 105

Appraisal Real Estate Appraisal Process Training 105

Cleveland Appraisal Blog

JUNE 25, 2021

What do they indicate and how do appraiser’s measure depreciation? In an appraisal report, it may be called an over-improvement or something that is super adequate. In doing some market research, an appraiser may determine that buyers are not paying more for a five-car garage than they are for a home with a three car garage.

Market Value 244

Market Value Appraisal Marketing Buyers 244

Appraisal Today

FEBRUARY 28, 2025

percent from one week earlier ———————————————- Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news! I am always learning something new.

Appraisal 55

Appraisal Real Estate Contracts Training 55

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. Cost of construction and materials.

Real Estate 147

Real Estate Appraisal Property Appraisal Valuation 147

Chicagoland Appraisal Blog

NOVEMBER 8, 2021

2 months ago I wrote an article comparing Zillow’s Zestimate program to a regular appraisal process. The article describes “Zillow Group’s AI-power house flipping operation as a dismal failure”. Zillow Zestimate Appraisal Accuracy. The Zestimate is not an appraisal and it should be used as a starting point.

Housing Market 148

Housing Market Marketing Real Estate Agent Appraisal Process 148

Cleveland Appraisal Blog

JANUARY 13, 2022

If you’re an appraiser, like I am, the nature of our work can at times cause us to become skeptical. But, it happens enough that it can create a little skepticism in the minds of an appraiser. In this article, I am going to focus on the dangers that skepticism can have on an appraiser’s thinking. ADJUSTMENTS.

Appraisal 221

Appraisal Inspection Clients Real Estate 221

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! ” “That it’s a process that requires a good amount of time.”

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97