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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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 370

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

McKissock

JULY 20, 2021

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., ” Do you believe you are acting as a home inspector when you complete a property inspection as part of an FHA assignment? Appraisers perform similar inspections, to one degree or another, in most appraisal assignments.

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Inspection Appraisal Construction Clients 105

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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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 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

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

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

Appraisal Buzz

FEBRUARY 17, 2025

This article is featured in the 2024 edition of the Appraisal Buzz Magazine. Read all these articles and more in the latest edition HERE. First, inspect the site. Some other features in our magazine include funny Buzztoon comics, industry trends, as well as crazy stories from appraisers and readers like you!

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Legal Appraisal Easement Valuation 243

Housing Wire

SEPTEMBER 9, 2021

For example, from a scheduling standpoint, 58% of survey respondents stated they would be very likely/likely to self-schedule their appraisal, inspection and/or closing appointment online if the option was available to them. For example, can you include a form fill, chat bots, an FAQs section, how-to videos or thought leadership articles?

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Mortgage Technology Inspection Appraisal 448

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

Housing Wire

DECEMBER 6, 2024

In this article, weve compiled 49 compelling real estate newsletter ideas and subject lines. How about that pest control service you used for your clients termite inspection? So, where do you start? Show how much youre in the know by being the one sharing local community events and information. Is a new restaurant coming to town?

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Real Estate Clients Tools Sellers 395

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

McKissock

JANUARY 11, 2022

Not only will you conduct an extensive lot inspection before construction starts, but you may also need to visit the property during construction—to assess progress and detail when work is complete. You will also need to conduct a final inspection. Inspection during construction. Final inspection. Don’t be lenient.

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Inspection Construction Final Inspection Appraisal 96

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 447

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 448

Appraisal Buzz

MAY 31, 2021

Only the wife was at home to greet the appraiser when they arrived to inspect her home. However, the husband and wife in this article are not valuation professionals. Given that the race of the appraiser in the article was assumed and not specifically mentioned, what is the likelihood that the appraiser in the article was black?

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Valuation Appraisal Real Estate Insurance 370

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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Housing Wire

OCTOBER 1, 2022

There had been nearly one-third of buyers who waived an inspection or appraisal contingency, but the last month it fell to just over 20% for both. This article offers a preview of our upcoming HousingWire Annual Housing Market Super Session that will feature an all-star panel of housing experts. Join us in Scottsdale, Arizona Oct.

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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 146

Appraisal Buzz

OCTOBER 27, 2021

In addition to sitting down with us, Marcus also wrote an article for us below about his journey in this industry. In this Buzzcast, we have Marcus Knight, a recently licensed appraiser diving into his firsthand account with the Appraiser Diversity Initiative (ADI) by Fannie Mae and the challenges facing trainee appraisers today.

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Appraisal Inspection Real Estate Development 358

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

Lamacchia Realty

SEPTEMBER 12, 2024

Joselin Malkhasian & Nicole Vermillion quoted in recent Boston Globe article On September 11th, Lamacchia REALTORS® Joselin Malkhasian and Nicole Vermillion were quoted in a new Boston Globe article discussing why agents say that the fall of an election year is the best time to purchase a home. “The

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Inspection Decorating Realty Sellers 69

Cleveland Appraisal Blog

JANUARY 7, 2021

I’m not going to delve into the highest and best use topic in this article. Upon inspecting this home, I found that the home sits on a huge rock formation, which takes up a good portion of the left side of the property. I’m working on a new article that will be out in a couple of weeks. Have a great weekend everyone!

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Appraisal Inspection Legal Real Estate 344

Cleveland Appraisal Blog

APRIL 21, 2022

This article is not intended to poke fun at people that suffer from different illnesses. They take a lot of work after the inspection is completed. Well, hopefully, you enjoyed my article which again demonstrates why an appraiser’s most probable answer to questions like ‘Is your ‘crazy’ neighbor lowering the value of your home?’,

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Market Value Appraisal Agents Real Estate Agent 350

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

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

Housing Wire

AUGUST 14, 2023

All of the homes that we have sold recently have sold in the first weekend with multiple offers at $50,000 to $100,000 over list price with no home inspection,” Casey Samson, the leader of The Casey Samson Team, said. This article was originally published in the August/September issue of HousingWire Magazine.

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Housing Market Marketing Inventory Agents 365

Housing Wire

MARCH 1, 2023

property inspections) allowing them to restart their origination pipelines much sooner and continue to close loans without delay. This article was written by Jay Kingsley, president, Mortgage Solutions for CoreLogic; Pete Carroll, executive and head of public policy for CoreLogic; and Russell McIntyre, senior policy analyst for CoreLogic.

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Insurance Supply Chain Design Government 397

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

Genworth MI Blog

AUGUST 31, 2022

Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider. Q: How have inspections and appraisals been impacted since the beginning of the COVID-19 pandemic?

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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

McKissock

MARCH 24, 2023

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. Register now. What is RemoteVal?

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Inspection Final Inspection Technology Tools 70

Housing Wire

OCTOBER 10, 2023

In this article, I’ll share the steps, what to include, what not to includes, and how to assemble a CMA report that’ll impress your clients. Like you, as a real estate agent, I have prepared many reports analyzing pricing trends to help provide guidance to buyers, sellers and investors alike.

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Marketing Real Estate Agent Clients Tools 435

Appraisal Buzz

APRIL 18, 2022

This article was first published in the Appraisal Buzz Magazine. The trust officer and I went to the corner door (still looked like a bar) and were met by the tallest man I’ve ever seen on an appraisal inspection. If you have shared a story with us in the past that was never published, please resend it.

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