Raleigh Realty

FEBRUARY 19, 2022

Appraisals 101: What to Expect From the Home Appraisal Process Wondering what to expect from your home appraisal? Now it's time for the home appraisal. But before you do there's one last factor to consider: the home appraisal. Here's what you need to know about home appraisals so that you come prepared.

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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. As an appraiser, I just rounded way up! Appraisers must consider this and value it accordingly. Hello, dear reader! without realizing it.

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Riverfront Appraisals

MARCH 4, 2022

In this blog post, we’ll discuss the various methods for choosing comparable sales, just the way an appraiser does. The post Appraisal Blog The Realtor’s Guide to Appraisals, Part 3 How Appraisers Choose Comps appeared first on Riverfront Appraisals.

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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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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.

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Appraisal Partners Blog

MARCH 12, 2025

If you’re considering buying a home with an FHA (Federal Housing Administration) loan, you’ll need to understand the specific requirements for FHA appraisals. Why are FHA Appraisals Different? This is the key difference from a conventional appraisal. Report Review: The lender reviews the appraisal report.

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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 appraised some properties last year that demonstrate these two situations nicely. A good example of this can be seen in a property I appraised last year. That is how value works.

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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?

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Birmingham Appraisal

JANUARY 29, 2025

Brush Up On Your Appraisal Knowledge Most people have a basic understanding of the appraisal process. If you’ve ever purchased a home or refinanced your mortgage you’ve most likely had to get your home appraised. By analyzing all three, appraisers get a well-rounded view of the markets activity.

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Appraisal Appraisal Process Valuation Buyers 63

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?

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Riverfront Appraisals

JULY 1, 2021

For the past six months, I’ve been blogging with the purpose of assisting loan officers to better understand the appraisal process. So far, we’ve covered final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value, bracketing and FHA appraisals.

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Appraisal Process Reconsideration of Value Final Inspection Bracketing 88

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.

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Appraisal Inspection Valuation Appraisal Process 78

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.

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Appraisal Appraisal Process Market Value Marketing 124

Appraiserblogs

JUNE 13, 2024

Reforming the appraisal review process is essential to maintaining the integrity of the real estate market and protecting consumers and homeowners. In mortgage financing, the appraisal process is often seen as the foundation of accurate property valuation and market stability.

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Mortgage Appraisal Appraisal Mortgage Valuation 131

Appraiserblogs

MARCH 7, 2024

Mass Appraisal tend to exhibit a regressive nature… In the intricate landscape of real estate mortgage financing, the notion of appraisal waivers recently dubbed “Value Acceptance”, by the Government Sponsored Enterprises (GSEs), has stirred considerable debate. Despite its roots in a methodology designed to support appraisers, Value.

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DataMaster

FEBRUARY 3, 2021

Replacing the old process with the new! Is it time to overhaul the appraisal process? By now, most appraisers have read the Request for Information (RFI) published by the Federal Housing Finance Agency (FHFA) on December 28, 2020. Appraisal Modernization. Hybrid appraisals use the services of a third party.

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Appraisal Process Appraisal Modernization Training 78

Riverfront Appraisals

AUGUST 31, 2021

Welcome to the September edition of our blog series, The Loan Officer’s Guide to Appraisals. This entire year, I’ve been blogging once a month with the purpose of assisting loan officers to better understand the appraisal process. This month’s blog post will be all about new construction appraisals.

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Construction Appraisal Appraisal Process Loan Officers 115

Riverfront Appraisals

JULY 6, 2022

Misunderstandings about the appraisal process are plentiful, and some of those really do affect the way you do business. The post Appraisal Blog The Realtor’s Guide to Appraisals Part 7: Common Myths About Appraisals appeared first on Riverfront Appraisals.

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Cleveland Appraisal Blog

MARCH 4, 2021

Like most aspects of an appraisal, things seem easy. Last week, a real estate agent asked me about how appraisers adjust for age. That difference is often reflected in an appraisal report with a condition adjustment or effective age adjustment rather than an age adjustment. That is, until one takes a closer look.

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Appraisal Real Estate Real Estate Agent Loan Conditions 224

Riverfront Appraisals

JANUARY 18, 2023

This blog post is brought to you by the Guide To Appraisals series of e-books.

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Inspection Appraisal Appraisal Process Clients 120

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.

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Market Value Appraisal Marketing Buyers 244

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 Partners Blog

OCTOBER 28, 2019

A home appraisal is usually requested by a lender to estimate the market value of your home. When the time comes for you to get an appraisal for your property, it makes sense to use our services here at Appraisal Partners. We make the process easy for you and there’s no need for stress or confusion.

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Appraisal Process Appraisal Inspection Property Appraisal 78

Riverfront Appraisals

JULY 29, 2021

This entire year, I’ve been blogging once a month with the purpose of assisting loan officers to better understand the appraisal process. So far, we’ve covered communication with the appraiser, reconsiderations of value, FHA appraisals and a few other topics you should definitely go check out.

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Reconsideration of Value Appraisal Appraisal Process Loan Officers 100

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. What property should be appraised?

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Appraisal Process Real Estate Appraisal Renovations 78

Appraiserblogs

OCTOBER 14, 2022

The results of the NAR appraisal survey show more than half of appraisers reported AMCs to be the greatest challenge in their business with 40% reporting not being compensated fairly. Highlights of the NAR Appraisal Survey The. Racial Bias in Real Estate: Is it the Appraisers’ Fault? It was March 28th,….

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Appraisal Appraisal Process Real Estate Finance 113

Appraiserblogs

MARCH 15, 2021

FTC vs LREAB Update The Supreme Court has denied the Louisiana Real Estate Appraisers Board’s petition to intervene in the administrative case for price fixing by the FTC. Working RE Appraisal Survey Let your voice be heard on what is customary and reasonable fees for your services.

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Appraisal Real Estate Appraisal Process Finance 122

Padove Appraisal Service

FEBRUARY 27, 2023

Many people’s experiences with real estate appraisals are limited to mortgage applications. The appraiser is usually selected, and the report ordered through the lender. The task of selecting an appraiser for purposes such as estate planning and settlement, divorce, tax appeal, etc.,

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Appraisal Real Estate Real Estate Agent Appraisal Process 145

Riverfront Appraisals

APRIL 5, 2023

So far in this season of our blog, we’ve covered 13 frequently asked questions about the real estate appraisal process, and most of them are questions we get during or after our on-site visit. And, it has […] The post FAQ #14: Who Should Be At The Home During An Appraisal? appeared first on Riverfront Appraisals.

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Appraisal Appraisal Process Real Estate 108

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.

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Appraiserblogs

AUGUST 4, 2023

The entire concept of bifurcated appraisals represents a fundamental misunderstanding of the appraisal process. million armed robbery of a… Hybrid Assignments, the Consequences The concept of a third party providing one or more functions in an appraisal assignment is nothing new.

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Appraisal Inspection Appraisal Process Law 118

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?

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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….

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Appraisal Appraisal Process Marketing Contracts 108

Appraiserblogs

MAY 23, 2023

While the statute doesn’t explicitly mention that providing a loan amount is an AIR violation… When a mortgage lender seeks to make a Veterans Administration-backed home loan, the lender requests an appraisal from the VA’s appraiser panel by using a form entitled Request for Determination of Reasonable Value.

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Appraisal Appraisal Process Mortgage 122

Appraiserblogs

MAY 6, 2022

Several appraisers have informed us that they have received death threats simply because they have been outspoken online refuting the racial bias narrative and the allegations of racial discrimination in the appraisal profession that is being utilized to remove appraisers from the lending equation.

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Appraisal Buzz

MARCH 14, 2022

BLOG VIEW: Most are familiar with the appraisal standards used to identify the condition of homes during the appraisals process. Fannie Mae, Freddie Mac, HUD and VA use codes to simplify this process. The post A Simpler Approach to Determining Home Condition appeared first on Appraisal Buzz.

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Appraisal Process Appraisal 150

Appraiserblogs

SEPTEMBER 20, 2021

Could this be another reason why so many real estate appraisers refuse to do bifurcated hybrid appraisals? “ Could this be another reason why so many real estate appraisers refuse to do bifurcated hybrid appraisals? Who’s REALLY completing bifurcated/hybrid appraisal reports? You Decide!“ You Decide!

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Appraisal Real Estate Appraisal Process Training 109