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The hot mess of concessions in real estate

Sacramento Appraisal Blog

It feels messy that concessions information is no longer in MLS, there’s some confusion about how appraisers are handling some of this, and we have a new question to ask. UPCOMING SPEAKING GIGS: 10/18/24 […] The post The hot mess of concessions in real estate first appeared on Sacramento Appraisal Blog.

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FHA Appraisal Tip – Low Water Pressure

Chicagoland Appraisal Blog

If you have a deficient condition such as this you may want to repair it prior to an FHA Appraisal. Appraisers must operate faucets to observe water pressure and flow. This is an example that there is low water pressure and an FHA appraisal will be made subject to repair. Do you want to know what is happening in your market?

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The challenge of pulling comps in 2024

Sacramento Appraisal Blog

I also have some market recap visuals to unpack what’s been happening in 2024 so far. UPCOMING SPEAKING GIGS: 2/19/24 Matt the Mortgage Guy YouTube […] The post The challenge of pulling comps in 2024 first appeared on Sacramento Appraisal Blog.

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The Hidden Risks of Appraisal Waivers: What Homebuyers and Homeowners Need to Know

Birmingham Appraisal

Important Information About Appraisal Waivers Imagine this: Youre buying a home, and your lender offers you an appraisal waiver. But what if I told you that skipping the appraisal could lead to overpaying for your home, financial headaches down the road, and even market distortions that could affect entire neighborhoods?

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Appraisals derail sales in the tight Chicago market!

Chicagoland Appraisal Blog

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 are realtors doing beforehand?

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Top 10 Benefits of Getting a Pre-Listing Appraisal Before Selling Your Home

Birmingham Appraisal

What are the Benefits of Getting a Pre-Listing Appraisal? If you’re thinking about selling your house, you might be wondering how to get the best possible price for your property. An appraiser uses a combination of data analysis, expertise, and on-site evaluation to determine your home’s value.

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Tips for Homeowners Concerned About Appraisals Below Contract Price

Will Springer Realtor

Not all home appraisals – and those who conduct them – are created equal. Enter the appraiser, someone who has probably never visited the property – or possibly even the neighborhood – and who will use his/her expertise to develop a valuation on the home. CoreLogic said the more typical figure for low appraisals in the U.S.