Housing Wire

FEBRUARY 1, 2024

The Brookings Institution summed it up well: “Today, downtown Detroit is nearly unrecognizable from previous decades, with new features such as the QLine streetcar system, a renovated Detroit Tigers ballpark, a riverwalk, and Campus Martius Park. I hope you will join me.

Real Estate 435

Real Estate Appraisal Insurance Training 435

Housing Wire

MAY 20, 2022

A professional appraiser or real estate agent can help you figure out how much to list your home for. If your home is more of an investment home, investors often want a home already outfitted with tenants or an underpriced home, so there’s room in the pricing to cover the cost of renovations.

Real Estate Agent 435

Real Estate Agent Tenants Real Estate Agents 435

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.

Appraisal 76

Appraisal Easement Real Estate Agent Valuation 76

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. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. These details are more relevant and appropriate in an appraisal.

Marketing 435

Marketing Real Estate Agent Clients Tools 435

Housing Wire

JANUARY 26, 2021

People often confuse the home appraisal with the home inspection. Appraisals are estimates of a home’s value — and they’re typically required before you can close on your mortgage loan. Were those recent renovations done up to local code? But before you opt-out, talk to a local real estate agent first.

Inspection 397

Inspection Real Estate Agent Real Estate Investing 397

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 As an appraiser, understanding the nuances of kitchens is essential to providing credible and insightful valuations.

Appraisal 91

Appraisal Training Contracts Mortgage 91

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! ” “It’s a lot more than just pulling comps!”

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

Housing Wire

DECEMBER 21, 2023

My favorite, and one of the most valuable and underutilized products in today’s low-inventory market , is the VA renovation loan. This product allows a homebuyer to purchase a fixer-upper and finance the purchase and renovation in one loan based on the expected appraised value of the home after improvements. Who is eligible?

Mortgage 468

Mortgage Renovations Appraisal Process Finance 468

Birmingham Appraisal

MAY 1, 2024

Home Renovations and Appraisal Value As an appraiser, I get asked about how much value will be added for different types of home projects or renovations. The best way to look at home renovations is by considering the overall impact they will have on your home. Updates or Renovations?

Renovations 88

Renovations Appraisal Real Estate Agent Construction 88

Appraisal Today

SEPTEMBER 6, 2024

Newz: Disturbing AMC Violations, Appraiser and Real Estate Agent Communication September 6, 2024 What’s in This Newsletter (In Order, Scroll Down) Top 10 Things Appraisers Wish Real Estate Agents Understood Divorce Appraisal Red Flags Carmel’s Iconic and Artistic ‘Owl House’ $3,750,000 Housing Market Update: August 2024 Please!

Real Estate Agent 92

Real Estate Agent Real Estate Appraisal Agents 92

Housing Wire

FEBRUARY 16, 2022

The following are some helpful suggestions for vetting a private money lender: Request a list of references for other real estate investors who have recently completed transactions with the lender. Escrow officers and title agents. Property managers and real estate agents who are interested in working with investors.

Real Estate 397

Real Estate Investing Investors Renovations 397

Appraisal Buzz

OCTOBER 25, 2021

HomeBinder reports that it has added new features and user interface (UI) improvements to its centralized home management platform that keeps homeowners connected with mortgage lenders, home inspectors, insurance providers, home pros, real estate agents, and other authorized professionals.

Real Estate Agent 195

Real Estate Agent Renovations Valuation Insurance 195

Housing Wire

FEBRUARY 28, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. I had one home recently that needed major cosmetic renovations and it ended up get-ting multiple offers, so it is still super competitive here,” she said. Annapolis, Maryland.

Housing Market 418

Housing Market Marketing Buyers Agents 418

Cleveland Appraisal Blog

APRIL 21, 2022

Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Market value, therefore, considers the entire pool of potential buyers of homes that are similar to, and that compete with the property being appraised. CRAZY NEIGHBORS. Probably not.

Market Value 354

Market Value Appraisal Agents Real Estate Agent 354

Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Factors Considered by Appraisers When determining the value of a property, appraisers consider several crucial factors.

Real Estate Agent 85

Real Estate Agent Real Estate Agents Appraisal 85

Cleveland Appraisal Blog

MARCH 30, 2021

So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area. Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price.

Housing Market 368

Housing Market Marketing Reconsideration of Value Contracts 368

Appraisal Hub

MAY 5, 2024

As a seasoned appraiser in the vibrant real estate market of Toronto, I’ve had the privilege of witnessing the ever-evolving landscape of property valuation. Over the years, I’ve come to appreciate the symbiotic relationship between appraisers and real estate agents.

Real Estate Agent 78

Real Estate Agent Real Estate Agents Appraisal Process 78

Housing Wire

APRIL 14, 2023

Minorities in real estate We need more people of color in the real estate industry who can shape where we live, work, socialize, shop and worship. Currently, 75% of real estate agents and 97% of property appraisers in the U.S. White professionals also dominate the commercial real estate sector.

Real Estate 397

Real Estate Law Business Real Estate Agent 397

Cleveland Appraisal Blog

AUGUST 11, 2022

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view. I hope you find her article to be helpful!

Renovations 221

Renovations Buyers Appraisal Investing 221

Birmingham Appraisal

JULY 12, 2023

How Agents Can Use The Law of Diminishing Return When Pricing a Listing As a real estate appraiser with over 30 years of experience, I have witnessed firsthand the critical role that accurate pricing plays in the success of real estate transactions.

Real Estate Agent 93

Real Estate Agent Law Real Estate Bracketing 93

Birmingham Appraisal

DECEMBER 19, 2023

Tips To Make An Agent’s Life Easier The job of a real estate agent is extensive. There was a popular post that many agents were sharing on Facebook recently that listed all of the hats that an agent must wear. This will help the appraiser understand your rationale for pricing the home where you did.

Real Estate Agent 78

Real Estate Agent Real Estate Agents Appraisal 78

Boston Appraisal

JULY 13, 2024

Creating an effective MLS (Multiple Listing Service) listing is crucial for attracting potential buyers and expediting the appraisal process. This allows both a potential buyer and the appraiser to see where this property falls within the real estate market. Mention any special rooms like a home office or gym.

Appraisal Process 147

Appraisal Process Buyers Appraisal Legal 147

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?

Appraisal 132

Appraisal HOA Easement Valuation 132

Appraisal Buzz

APRIL 30, 2024

Loan originators with knowledge and access to specialized products can offer tailored loan options for buyers needing bridge financing, lacking down payment funds, or seeking renovation solutions. Having a strong product base can help buyers access more homes and can establish an MLO as a trusted advisor in more complex home buying processes.

Marketing 150

Marketing Real Estate Agent Renovations Buyers 150

Appraisal Buzz

JUNE 3, 2024

Many current sellers have begun a renovation but have run out of money prematurely as inflation has caused cost overruns and capital is less available to fund shortfalls. Do you seek to renovate a property to generate short-term gains, or would you like to purchase a stabilized property for long-term stability?

Investors 195

Investors Marketing Renovations Real Estate 195

AmeriMac

MARCH 15, 2025

Understanding Appraisal Management In real estate, determining a property’s fair market value is crucial for transactions. Appraisal management involves coordinating and overseeing the valuation process to ensure compliance with industry standards like USPAP in the US.

Appraisal 36

Appraisal Valuation Real Estate Appraisal Process 36

Cleveland Appraisal Blog

DECEMBER 31, 2021

Even if you have no plans to do serious home renovations, there should be a few essential projects on your to-do list. The Cleveland Appraisal Blog provides a few ideas below. While most people choose to sell their home through a real estate agent, others feel more comfortable managing this type of situation themselves.

Real Estate 195

Real Estate Appraisal Real Estate Agent Buyers 195

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. Age is a good example.

Appraisal 224

Appraisal Real Estate Real Estate Agent Loan Conditions 224

Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

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 appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market.

Appraisal 110

Appraisal Inspection Property Taxes Easement 110

Realtor

APRIL 14, 2021

This is creating bidding wars, offers over asking, and appraisal gaps—houses are going quickly,” says Shanon Schinkel , branch manager and mortgage lender at Homebridge Financial Services. But there are still many great opportunities if you’re patient and have a great real estate agent and lender.”.

Mortgage 155

Mortgage Real Estate Agent Real Estate Buyers 155

Appraisal Today

JULY 29, 2022

57 Weird Real Estate Agent Photos. Excerpt: Yes, many great real estate photos really capture the house. More Terrible Real Estate Agent Photos for Appraisers. Appraising Weird Stuff is Challenging! Appraisal Business Tips . Humor for Appraisers. per month, $24.75

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Birmingham Appraisal

AUGUST 23, 2023

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.

Agents 91

Agents Appraisal Valuation Appraisal Process 91

AmeriMac

JANUARY 31, 2025

Understanding Real Estate Appraisals in New Albany In real estate transactions, a real estate appraisal is very important. A qualified professional appraiser gives an unbiased estimate of the property’s market value. It helps to find out how much a home is worth.

Real Estate 36

Real Estate Appraisal Valuation Real Estate Agent 36

Appraisal Partners Blog

FEBRUARY 18, 2025

You’ve found your dream home (or a buyer for your property), the offer is accepted, and thenthe appraisal comes in lower than the agreed-upon price. This scenario, known as a “low appraisal” or “appraisal gap,” can derail a real estate transaction. Why Do Low Appraisals Happen?

Sellers 78

Sellers Buyers Appraisal Real Estate Agent 78

Birmingham Appraisal

NOVEMBER 20, 2024

Blogging provides me a creative outlet to help educate the public on the appraisal process. If you had told me in 2010 that I would still be writing my appraisal blog 14 years later I would have said you were crazy, but here I am. In this week’s post, I dispel some common appraisal myths that have been around for years.

Real Estate 91

Real Estate Appraisal Inspection Contracts 91

McKissock

APRIL 27, 2021

In completing bifurcated and hybrid appraisals , you must reasonably believe that information relied upon—from a third-party inspector or another data source—is reliable. You, the appraiser, should have a process for evaluating data reliability by asking the following questions: Who collected the data? Various available data sources.

Appraisal 89

Appraisal Real Estate Agent Renovations Property Management 89