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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Appraisal Inspection Market Value Sellers 78

Miller Samuel

NOVEMBER 30, 2018

My friend and appraisal colleague Ryan Lundquist and I authored a petition on change.org to point out the growing wreckless behavior that is enveloping the mortgage process. There’s a proposal from the FDIC, Federal Reserve, and Treasury Department not to require appraisals for some mortgages under $400,000.

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Housing Wire

MAY 21, 2024

Without sales figures, it’s difficult to access comparable sales, and home buyers may find it challenging to gauge the fair market value of a property. Buyers should focus on other factors when estimating a property’s value , such as location, condition of the home, local amenities, and current market trends.

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Real Estate Agent Real Estate Inspection Valuation 488

Housing Wire

MAY 25, 2021

The FHFA’s engagement of industry stakeholders signifies a critical inflection point for appraisal transformation. For example, appraisal turn time has swelled 65% from 2018, according to recent data published by Freddie Mac. Appraisal costs have also soared 24% since 2016, according to the Freddie Mac data. Appraiser shortage.

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Appraisal Valuation Real Estate Modernization 370

Realvals

FEBRUARY 10, 2025

Appraisals play an important role in real estate transactions, but privacy is always a concern. Home appraisals are never publicly available and are only shared with the appraiser’s client and authorized parties. This means that the general public cannot access your home’s appraisal report without permission first.

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Appraisal Property Taxes Real Estate Market Value 78

Housing Wire

JULY 26, 2024

A controlled transaction can be subject to tighter IRS scrutiny, especially if the property is sold below fair market value. Contingencies in the agreement protect both parties if problems arise during the appraisal, inspection, or financing stages of the transaction. Agree on contingencies.

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Market Value Real Estate Agent Real Estate Finance 459

Cleveland Appraisal Blog

MAY 27, 2021

Who needs an appraiser when one has cash? I must admit, in the past year, there have been times when I have felt like many buyers don’t really care about value anymore. While it may seem like many buyers don’t care about what the market value of a home is, I think that we must be careful to not make that assumption.

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Cleveland Appraisal Blog

APRIL 21, 2022

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value.

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Market Value Appraisal Agents Real Estate Agent 354

Appraisal Buzz

FEBRUARY 17, 2025

This article is featured in the 2024 edition of the Appraisal Buzz Magazine. Some other features in our magazine include funny Buzztoon comics, industry trends, as well as crazy stories from appraisers and readers like you! Moreover, appraisers must conduct each of the four tests on the real property as if vacant , and as improved.

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Legal Appraisal Easement Valuation 243

D Fritz Appraisals

JANUARY 29, 2025

House Appraisal vs BC Assessment: How They Impact Your Homes Value Understanding the difference between residential home appraisals vs BC assessments. These two commonly misunderstood yet crucial home evaluation tools, help to navigate the complexities of the real estate market in British Columbia.

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Appraisal Valuation Property Taxes Inspection 78

Appraisal Buzz

JULY 18, 2022

This transfer of negotiating power has already begun with many buyers now being able to elect contingencies such as inspection and/or appraisal – each of which was difficult to include in a competitive offer as recently as 1-2 months ago. The post Market Correction or Seller Panic? appeared first on Appraisal Buzz.

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Sellers Marketing Market Value Home Value 435

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.

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Appraisal Inspection Valuation Appraisal Process 78

Cleveland Appraisal Blog

AUGUST 6, 2021

WAIVING HOME INSPECTIONS. He said this year has been extremely slow for him because people are waiving home inspections to get a competitive edge on other buyers, bidding on the same home. Getting a home inspection is a personal decision. I’ve appraised many thousands of homes over the years. Is this wise?

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Buyers Property Taxes Inspection Market Value 243

Housing Wire

JANUARY 3, 2023

When it comes to offering an opinion of ‘good or bad’ on HR 7735 — the VA modernization bill — and its ultimate ability to create a better appraisal process for veteran and active duty borrowers, it’s simply too early to tell with too little information being shared on exactly what changes we should expect.

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Appraisal Today

NOVEMBER 1, 2024

FHFA’s Appraisal Waivers Expansion The Great Debate on Appraisal Fees Updated UAD redesign timeline with specific implementation dates Mortgage applications decreased 0.1 A well-appointed kitchen can significantly enhance a property’s appeal and marketability. Of course, appraisers see all types of kitchens.

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Birmingham Appraisal

MARCH 4, 2025

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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Appraisal Valuation Home Value Market Value 63

Appraisal Partners Blog

MARCH 6, 2025

Estate appraisals are a critical component of both estate planning and estate settlement. They determine the fair market value of real estate assets, which is necessary for various purposes, including tax calculations, distribution of assets to heirs, and probate proceedings. What is an Estate Appraisal?

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Market Value Appraisal Valuation Marketing 78

Riverfront Appraisals

APRIL 20, 2023

This blog is dedicated to the countless homeowners who, as we’re finishing up with the appraisal inspection, ask “well, is there anything I can do to increase the value of my home?” You go to list […] The post FAQ #16: What Can I Do To Increase My Home’s Market Value?

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Market Value Inspection Marketing Realtors 114

Appraisal Partners Blog

MARCH 18, 2025

If you believe your property is assessed at a value higher than its fair market value, you have the right to appeal your property tax assessment. The assessor determines the assessed value of your property, which is then used to calculate your property tax bill. Property taxes are a significant expense for homeowners.

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Town & Country Residential Appraisals

MARCH 10, 2025

Would you let your buyers purchase a home without a home inspection? Home inspections and appraisals are critical steps in the home-buying process, and most purchase agreements reflect that by making them standard contingencies. An appraisal waiver may speed things up for the lender, but it doesnt protect your clients.

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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.

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Appraisal Inspection Appraisal Process Valuation 135

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. On the surface it looks like the appraiser visits your home, does some measuring, and looks around.

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Appraisal Appraisal Process Valuation Buyers 63

Realtor

DECEMBER 4, 2019

ftwitty/iStock When you’re considering buying a house, there are two sides to the story: the seller’s asking price and the actual value of the property. This is where an appraiser steps in. A real estate appraisal can let you know whether the amount being asked is a fair purchase price. What is the job of an appraiser?

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Appraisal Real Estate Inspection Property Appraisal 138

Riverfront Appraisals

JANUARY 18, 2021

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 final inspection. We’ll briefly look at what a final inspection […]. In this blog post, we’re starting with the end.

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CP Home Appraisals

AUGUST 27, 2018

Isn’t a home inspection similar to a home appraisal? Not at all – an appraisal differs from a house inspection. Although the home appraiser will complete a rudimentary inspection of the subject property, it will be nowhere near as thorough as what a property inspector does.

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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.

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Appraisal Appraisal Process Buyers Training 158

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. Property appraisal information Detailed outline or description of each property. These details are more relevant and appropriate in an appraisal. More on that later.

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Marketing Real Estate Agent Clients Tools 435

Realtor

NOVEMBER 7, 2023

Costs of buying a home #4: Inspection You want to be assured your new home is structurally sound and free of surprises such as leaks or pests living in the walls. Home inspection : This is critical for home buyers. Expect to pay $300 to $500 for a home inspection, although cost varies by location.

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D Fritz Appraisals

MARCH 16, 2021

Be Prepared for an Appraisal for a Positive Impact on Your Home’s Valuation. Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. How Do I Get Ready for the Appraisal on My House?

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Appraisal HOA Easement Valuation 132

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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Appraisal Inspection Clients Real Estate 221

Realtor

OCTOBER 29, 2020

These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected. It’s rarely advisable to waive an inspection contingency. Your home inspection reports. Bring the necessary documentation to closing.

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Buyers Inspection Contracts Real Estate Agent 207

Realvals

JUNE 18, 2023

In today’s dynamic market, there are many situations where you may need a real estate appraisal. An appraisal provides you with the clearest understanding of the value of your real estate. Whether you are buying, selling, or refinancing, an appraisal helps you make well-informed decisions in the process.

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Appraisal Property Taxes Real Estate Market Value 145

Cleveland Appraisal Blog

FEBRUARY 17, 2021

So, when might it be worth having an appraisal completed to contest your assessed value? . If a home needs major repairs, clearly this can have a negative impact on market value. Especially if the repairs are on the interior since assessor’s usually do not make interior inspections. POOR CONDITION.

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Appraisal Clients Inspection Market Value 219

Cleveland Appraisal Blog

JANUARY 21, 2021

When performing an appraisal observation, appraisers must look for settlement issues and report on them. Especially if they are believed to be indications of major structural problems because this has an impact on value. Appraisers are not qualified to make these determinations. Settlement cracks! NON-STRUCTURAL.

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Appraisal Inspection Real Estate Market Value 235

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. The Appraisal Review.

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Real Estate Valuation Lending Appraisal 221

D Fritz Appraisals

OCTOBER 11, 2022

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer.

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Appraisal Inspection Property Taxes Easement 110

Boston Appraisal

MAY 17, 2023

The process of determining a property’s market value is called a real estate appraisal. The person who appraises the property, the appraiser, physically inspects the property to measure it, take pictures of it, and make note of the condition and the quality of the construction. What does this mean?

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