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Welcome to the very first post in our all-new series The Loan Officer’s Guide to Appraisals. Well – not really the end, but one of the last parts of some appraisals – namely the finalinspection. We’ll briefly look at what a finalinspection […].
Right now on our Appraisal Blog, we’re all about helping Loan Officers. This post is part six of a 12-part series we’re calling The Loan Officer’s Guide to Appraisals. So far in our series, we’ve looked at finalinspections, lending on unique homes, communication with the appraiser, reconsiderations of value and bracketing. […].
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 finalinspections, lending on unique homes, communication with the appraiser, reconsiderations of value, bracketing and FHA appraisals.
This post is part three of a 12-part series we recently launched called The Loan Officer’s Guide to Appraisals. In case you missed part one on the FinalInspection process, go back and read it here. And last time, we discussed all kinds of unique homes, and gave tips on how to make lending on […].
This post is part two of a 12-part series we recently launched called The Loan Officer’s Guide to Appraisals. In case you missed part one, go back and read all about the FinalInspection process here. In this blog post, we’re going to give you an appraiser’s perspective on unique homes, and […].
How Can Appraisers and Agents Work Together? In the often chaotic world of real estate, the appraiser-agent relationship can contribute to a smoother process. There are many areas that appraisers and agents can inform and educate one another so that each of their jobs is done more successfully.
Right now on our Appraisal Blog, we’re all about helping Loan Officers. This post is part five of a 12-part series we’re calling The Loan Officer’s Guide to Appraisals. So far in our series, we’ve looked at finalinspections, lending on unique homes, communication with the appraiser, and reconsiderations of value.
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.
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! ” “The definition of market value.”
Real Estate Agents and Comparable Sales – Tips for AppraisersAppraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Don’t rely totally on blueprints during a new construction appraisal 2.
On April 12, 2023, McKissock Learning will host a FREE one-hour, non-credit Pro-Series webinar titled “Virtual Inspections with RemoteVal.” Plus, check out the FAQs below to learn some basic info about virtual property inspections with RemoteVal in advance of the webinar. Click here to register.
Fannie Mae recently announced in their recent Selling Guide (SEL-2023-02) update that “as part of the valuation modernization” they are transitioning to a “range of options to establish a property’s market value”. It is then the lender who confirms based on this information if the property is eligible and an appraisal is not required.
The finalinspection for these structures are conducted by approved inspectors for the area they are located and not in factory. A couple distinctions that affect your appraisal and lending ability also are related to these differences. This can severely inhibit the marketability for these types of properties.
Appraisal management company (AMC) : An institution operated independently of a lender that, once notified by a lender, orders a home appraisal. Buyers market : Market conditions that exist when homes for sale outnumber buyers. Homes sit on the market a long time, and prices drop.
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