McKissock

AUGUST 10, 2021

Appraising a luxury home can be stressful, so preparation is important before commencing with a luxury home inspection. In this post, we provide valuable tips for preparing to inspect a luxury home, including some key questions to ask of the homeowner, agent, or builder about upgrades and amenities. Research the subject property.

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Inspection Renovations Valuation Appraisal 104

McKissock

JUNE 17, 2022

Below are five remote inspection tools worth looking into. Rather, our intention is to provide appraisers with a sampling of currently-available remote property inspection tools so they can consider the potential benefits of integrating such tools into their appraisal process. eTrac Virtual Inspection Tool. Anow Walkthrough.

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Inspection Tools Appraisal Technology 75

Eppraisal

OCTOBER 26, 2021

According to an article on keepingcurrentmatters.com, "A normal market's inventory sits at 6 months. Some are waiving appraisals and others are even offering to waive inspection contingencies. Most real estate contracts have a 5-business day inspection contingency automatically written into the contract. We're currently at 3.7

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Inspection Buyers Real Estate Agent Contracts 69

Buys Brokers Only LLC

FEBRUARY 15, 2023

A recent article in the Wall Street Journal suggested that home sellers might want to have their homes inspected before listing them for sale because knowing the property's condition might help with the sale.

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Inspection Sellers 56

Appraisal Buzz

AUGUST 12, 2024

This is the final article in Ernie Durbin’s three-part series on the new UAD. The first article on April 15, 2024, was “ From Forms to Reports: A Look at the UAD Overhaul. ” The second article on July 15, 2024, was “ The New UAD: Don’t Borrow Trouble. There will be many more data elements related to the inspection.

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Appraisal Inspection Lending Training 370

Eppraisal

DECEMBER 2, 2022

While in the process of purchasing a home, you are going to want to have a home inspection performed. Contracts to purchase homes have clauses in them that allow buyers to have a professional inspection performed, typically within the first five to ten days of signing the contract. Ladders are convenient for heights.

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Inspection Technology Tools Home Value 69

Housing Wire

NOVEMBER 4, 2024

Editor’s note: This is the fifth in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. In writing both offers, Angela and I made sure to fully disclose how I was expecting her to get paid , as well as all of my requests, including a home inspection contingency clause.

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Agents Inspection Real Estate Sellers 436

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. Do I need a home inspection as well?

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Inspection Appraisal Property Inspector Real Estate 78

Appraiserblogs

APRIL 19, 2023

This program allows for the collection of data related to real estate appraisals by unlicensed third-party data collectors, which is in direct violation of article 38 of the state’s Real Estate Appraiser Licensing and Certification Act. ARTICLE 38. THE REAL ESTATE APPRAISER.

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Law Inspection Real Estate Training 147

Eppraisal

AUGUST 19, 2022

Home buyers almost always have a professional home inspection performed by a licensed inspection company when they purchase a home. However, it is not a bad idea for sellers to have a home inspection, or pre-listing home inspection, performed as well. This way, you will have fewer negotiations with your buyer.

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Inspection Sellers Advertising Home Value 68

Cleveland Appraisal Blog

AUGUST 6, 2021

Below is a chart from the National Association of REALTORS article on home buyer regret. 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.

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Buyers Property Taxes Inspection Market Value 243

Housing Wire

NOVEMBER 1, 2024

That can include being a housing market expert and advising clients on the best times to list or buy a home; having referrals handy for inspections, repairs, staging and photography; understanding the mortgage origination process; and more. After agents have partnered with a brokerage, it’s time to get to work.

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Real Estate Real Estate Agent Agents Brokerage 450

Cleveland Appraisal Blog

AUGUST 13, 2023

In this article, he shares some things to keep in mind when it comes to plumbing efficiency and tips for avoiding bigger plumbing problems down the road. I hope you find this article helpful! Schedule Regular Plumbing Inspections If you really want to keep your plumbing system eco-friendly, it’s time to practice some TLC.

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Appraisal Inspection Transportation Renovations 253

Appraisal Buzz

JULY 26, 2021

This article addresses several issues with the real estate appraisal profession that are worthy of further examination and comment. The article accurately notes the lack of diversity in the appraisal profession. The article also addresses a flaw in the current licensing system for appraisers, primarily the supervisor-trainee model.

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Appraisal Real Estate Inspection Training 370

Housing Wire

SEPTEMBER 30, 2021

Buyers “are waiving inspections, an appraisal contingency, and the latest trend is to pay closing costs usually done by the seller.” Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. “It is like ten kids fighting over one ice cream cone. One kid will give $4 instead of $1. Become a member today.

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Housing Market Marketing Real Estate Agent Loan Officers 369

San Jose Real Estate

JULY 17, 2023

Why do real estate agents do a visual inspection of the properties they sell?

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Real Estate Agent Inspection Real Estate Agents 69

Housing Wire

JUNE 22, 2021

Most of the buyers in this area are putting offers in with no appraisal gap — willing to take care of anything that doesn’t appraise — and no inspections, which makes me cringe.”. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis. So, what does this mean for buyers? Should they give up?

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Housing Market Real Estate Agent Marketing Inventory 476

CA Realty Training

MARCH 22, 2021

The Buyer’s Inspection Advisory (BIA) is a disclosure that is included with the Residential Purchase Agreement (RPA) when you make an offer on a home. Simply put, it is advising the buyer to have a professional inspect the property. In this case, the Buyer Inspection Advisory is for the buyer. SQUARE FOOTAGE, AGE, BOUNDARIES.

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Inspection Real Estate Agent Real Estate Clients 36

Cleveland Appraisal Blog

OCTOBER 27, 2022

How can you prepare for the inspection? Thank you, Betty, for sharing some great tips to help prepare a home for an appraisal inspection. Thank you for reading articles from the Cleveland Appraisal Blog! Here are some links to other articles I think you might also enjoy… . I hope you find this information helpful!

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Appraisal Inspection Buyers Advertising 384

Appraisal Buzz

JANUARY 31, 2022

This is such a broad topic that can apply pretty much anywhere in a real estate transaction and it probably seems I am phoning this article in…(Get it?… Assuring that the appraiser has the correct contact information for an inspection is very important. If an inspection is delayed due to sickness or vacation, inform your clients.

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Inspection Appraisal Process Appraisal Clients 195

Dart Appraisal

OCTOBER 26, 2020

Prompt Action Safeguards Loan Closings By Michael Dresden , President, Dart Appraisal This article originally appeared in Scotsman Guide, October 2020 The novel coronavirus pandemic already has had a profound impact on the U.S. Article: Ensuring Independence. Discussing the Impact of Appraising in a COVID-19 World. LATEST NEWS.

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Inspection Appraisal Renovations Lending 28

Appraiserblogs

FEBRUARY 1, 2022

Fannie Mae’s sweeping new national condominium regulations… Appraisers, Fannie Mae has changed inspection and reporting requirements for Condominiums, effective January 1, 2022. The article titled “How can appraisers evaluate aging condos without docs?” In an article released on CNBC….

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Appraisal Valuation Inspection Lending 125

Appraisal Buzz

OCTOBER 18, 2021

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. The problem with trainees in most GSE and agency (FHA, USDA, AND VA) related work is that trainees cannot inspect properties. Inspecting a home is a crucial part of what we do, but I am actually building better appraisers like this. Technology.

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Modernization Valuation Appraisal Training 370

Housing Wire

OCTOBER 10, 2024

The agent had recommended a sewer scope at the time of inspection, however, due to the expense, the buyer opted not to hire a plumber to inspect the sewer line… big mistake! I considered the bigger picture, saying, “Yes, it was the buyer’s responsibility to inspect the line. Yes, you told them to do the inspection.

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Real Estate Real Estate Agent Agents Clients 450

Appraisal Buzz

MAY 10, 2021

There are a ton of other channels to discuss the latest news and articles in the industry. Best post could be the craziest DIY project you encountered on an inspection, the funniest appraiser joke or story, a conversation starter that gets people talking, or just tell your favorite Buzz staff member what a great job they are doing.

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Appraisal Valuation Inspection Mortgage 369

Cleveland Appraisal Blog

JUNE 9, 2023

To get caught up, I have some returning guest bloggers who wrote some articles that I think you might enjoy. In this article, she shares some pest control tips and tricks. Inspect your property regularly for openings, and seal them with caulk or weatherstripping as needed. I hope you’re having a great summer!

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Inspection Business Appraisal Investing 195

Cleveland Appraisal Blog

JULY 16, 2022

An appraisal is the estimated value of a home that is based on an inspection. And thank you for being here to read articles from the Cleveland Appraisal Blog. Next week, I’ll have another article that I am working on. Here are some links to other articles I’ve enjoyed recently!

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Appraisal Contracts Property Taxes Inspection 297

Boston Appraisal

OCTOBER 8, 2022

Hybrid appraisals and full appraisals differ in one key aspect, property inspection. In the course of a full appraisal, the appraiser will schedule and inspect the property themselves. For hybrid appraisals, the property inspection is completed by a third party, and that information is relayed to the appraiser.

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Appraisal Inspection Appraisal Process Valuation 135

Cleveland Appraisal Blog

AUGUST 11, 2022

I hope you find her article to be helpful! Therefore, you don’t have to fix or account for any issues that might be discovered in a professional home inspection issued by the buyer. I hope her article gave you some things to think about if you find yourself in this situation. I think Betty made some excellent points here.

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Renovations Buyers Appraisal Investing 221

Appraisal Buzz

OCTOBER 1, 2024

Last year, National General Lender Services published an article highlighting that secondary perils, such as severe convective storms, wildfires, and river floods, are significantly impacting the insurance industry. The program provides the ability to obtain free home inspections to identify storm mitigation measures.

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Insurance Marketing Law Modernization 221

Housing Wire

APRIL 8, 2021

Use the home inspection as a bargaining chip: After the appraisal, getting the home inspected is another major part of the home-buying process. While a home inspection is a valuable way to get to know your new potential home, it can also be used as a negotiation tool.

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Inspection Sellers Buyers Tools 469

Housing Wire

JULY 22, 2024

Related articles Free real estate practice exam + 7 study hacks to ace the real estate exam Real estate exam prep: The ultimate guide to acing your state’s real estate exam Step 2: Interview brokerages and select the best fit for you Notice I said “interview brokerages” — unlike a traditional job interview, you’ll be in the driver’s seat.

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Real Estate Agent Real Estate Clients Agents 446

Zillow

MAY 22, 2018

In addition to offering more than the asking price or a quick closing, some buyers agree to waive inspections. No matter how badly you want the property or how emotionally attached you are to it, you don’t want to buy a home without having it thoroughly inspected. Waiving an inspection can cost you a fortune.

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Inspection Buyers Sellers Contracts 36

Appraiserblogs

MARCH 9, 2022

“…if you the appraiser are not required to inspect the property yourself, don’t you want to have a more detailed diagram of the home, i.e., a Floor Plan?” There’s been lots of discussion on various forums, classes, Facebook, blogs, podcasts, surveys, articles, etc.,

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Inspection Appraisal Construction 122

Cleveland Appraisal Blog

DECEMBER 24, 2022

This week I welcome back guest blogger, Shirley Martin, who answers these questions in this article. Before a roof renovation begins, a contractor will inspect the attic, gutter, and various other aspects of the home structure to make sure it is safe to proceed. Are you planning on renovating your home? I hope you enjoy it!

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Renovations Appraisal Home Improvement Buyers 303

Boston Appraisal

MAY 17, 2023

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. Oftentimes, appraisers face situations where a physical inspection alone may not provide all the relevant data required.

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Inspection Appraisal Construction Valuation 148

GoForrmz

NOVEMBER 27, 2024

This article explores the cutting-edge technologies and practices driving the industry forward, including the pivotal role of digital tools like mobile forms in streamlining workflows and capturing critical data. For telecom companies, this means greater demand for rapid deployment and maintenance of infrastructure.

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Tools Technology Inspection Modernization 78