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. 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.

Marketing 435

Marketing Real Estate Agent Clients Tools 435

Appraisal Partners Blog

JANUARY 20, 2025

Whether you’re buying, selling, or refinancing, an appraisal plays a vital role in determining the true market value of a property. This article will break down the complexities of the appraisal process, providing you with the essential knowledge to navigate this critical aspect of real estate transactions with confidence.

Appraisal 78

Appraisal Inspection Valuation Appraisal Process 78

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?

Inspection 78

Inspection Appraisal Property Inspector Real Estate 78

Cleveland Appraisal Blog

JANUARY 21, 2021

Perhaps the title of this article makes you think of the comic series from the 1942-1949 named the “ Crack Detective “ Well, probably not. I have shared it at the end of this article. So, we will call for an qualified professional to inspect the situation to see what, if anything, needs to be done. STRUCTURAL.

Appraisal 232

Appraisal Inspection Real Estate Market Value 232

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. Although you probably won’t be able to sell your home at its actual market value, you will also save a lot of time and money.

Renovations 221

Renovations Buyers Appraisal Investing 221

Cleveland Appraisal Blog

JANUARY 13, 2022

In this article, I am going to focus on the dangers that skepticism can have on an appraiser’s thinking. Because the adjustments we make or choose not to make, impact our opinion of the market value of the property we are appraising. If we make an adjustment, we must have some support behind it. MEASURING.

Appraisal 221

Appraisal Inspection Clients Real Estate 221

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. When the appraisal review provides an estimate of value, including a concurrence of value, most states will require an appraisal credential.

Real Estate 221

Real Estate Valuation Lending Appraisal 221

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.

Inspection 148

Inspection Appraisal Construction Valuation 148

Cleveland Appraisal Blog

FEBRUARY 17, 2021

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. I explained why a full interior inspection is better. But they insisted on not having an interior inspection made.

Appraisal 217

Appraisal Clients Inspection Market Value 217

Housing Wire

JUNE 7, 2024

Market data about the area, an invitation to an upcoming open house, or info about a coming soon listing nearby are all great items of value. Don’t forget to include your contact information and a call to action such as: “Call/text me to learn about your home’s current market value.” Who’s it for? Put the lockbox on.

Real Estate 468

Real Estate Open Houses Agents Sellers 468

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.

Appraisal 135

Appraisal Inspection Appraisal Process Valuation 135

Housing Wire

AUGUST 3, 2023

In this article, I will explain the history of AI, the projected financial impact on real estate and the cutting-edge tools available today for savvy agents. Combining the strengths of AI with the expertise and insights of real estate professionals could provide the best results in accurately assessing the market value of homes.”

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

DataMaster

APRIL 6, 2021

Share this article with them and chat about the appraisal process. An appraisal is an unbiased valuation of the fair market value of a home. An appraiser researches available public information online and does a physical inspection of the home. We must look at the market analysis and where we are coming from.

Appraisal 158

Appraisal Appraisal Process Buyers Legal 158

Clear Capital

MARCH 1, 2023

HousingWire states: “In 2022, Clear Capital combined its two high-performing ClearAVM and Property Condition Inspection (PCI) products to offer faster closing times for lenders with minimal profit margins on home equity loans or lines of credit.

Mortgage 69

Mortgage Inspection Market Value Technology 69

Birmingham Appraisal

SEPTEMBER 15, 2022

Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection.

Appraisal 98

Appraisal Inspection Appraisal Process Real Estate Agent 98

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.

Appraisal 78

Appraisal Inspection Appraisal Process Valuation 78

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.

Appraisal 78

Appraisal Inspection Appraisal Process Valuation 78

Genworth MI Blog

JULY 16, 2020

Recently, Desktop and Drive-by appraisals (no interior inspection by the appraiser) temporarily replaced some interior inspection appraisals as a necessary response to health risks and quarantine orders related to the COVID-19 pandemic. What are some of the fraud risks with borrower-supplied photos? cross-check location information.

Appraisal 84

Appraisal Inspection Real Estate Agent Market Value 84

Cleveland Appraisal Blog

MARCH 18, 2021

When I made my inspection, I measured the property. My market analysis was reflective of what was taking place in that neighborhood as of the date of the appraisal. My research and analysis showed that the buyer was about to spend a much higher price than the true market value of this home. Is it worthy of belief? .

Appraisal 195

Appraisal Investors Market Value Contracts 195

McKissock

JULY 6, 2022

For sellers, they need a clear understanding of what showings, open houses, and inspections could entail. Buyers also need to know how often they will be allowed to inspect a property, who can make onsite visits, and what things can be done to a property (if any) prior to closing. Click here to read the full article.

Clients 87

Clients Real Estate Contracts Sellers 87

Genworth MI Blog

JULY 16, 2020

Recently, Desktop and Drive-by appraisals (no interior inspection by the appraiser) temporarily replaced some interior inspection appraisals as a necessary response to health risks and quarantine orders related to the COVID-19 pandemic. What are some of the fraud risks with borrower-supplied photos? cross-check location information.

Appraisal 78

Appraisal Inspection Real Estate Agent Market Value 78

Appraisal Today

NOVEMBER 1, 2024

Let’s dive into appraising kitchens and how the room impacts market value. Functional Obsolescence and Price Point If a back corner kitchen or a galley kitchen does not align with current market preferences for homes of a similar age, it might be considered outdated and impact marketability. .

Appraisal 85

Appraisal Training Contracts Mortgage 85

Genworth MI Blog

JULY 13, 2023

Appraisal overview The appraisal is a report with an independent opinion of value of how much a property is worth. There is an on-site visual inspection of the property and a suggestion of improvements followed by the research, analysis and development that produces the appraisal report.

Appraisal 78

Appraisal Inspection HOA Real Estate 78

McKissock

OCTOBER 13, 2020

Q: “What are methods to determine the value of my home?”. A Comparative Market Analysis (CMA) : An informal evaluation that determines the market value of a property by comparing it to similar properties in the same area. Q: “What factors can influence the value of my home?”. Marketing efforts are neutralized.

Clients 84

Clients Advertising Real Estate Market Value 84

McKissock

JANUARY 31, 2023

.” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” Appraisers do not assign value “Appraisers do not dictate a home’s value, the market does.” ” “That we research value, we do not assign it.”

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

Genworth MI Blog

JUNE 27, 2019

This article first appeared in the June issue of National Mortgage Professional Magazine. . Market Value: In a mortgage appraisal, the appraiser is most likely estimating the market value of the property. Market value has some key elements that we must understand. Will repairs be needed?

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78

Genworth MI Blog

JUNE 27, 2019

This article first appeared in the June issue of National Mortgage Professional Magazine. . Market Value: In a mortgage appraisal, the appraiser is most likely estimating the market value of the property. Market value has some key elements that we must understand. Will repairs be needed?

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78

Boston Appraisal

OCTOBER 27, 2023

Why Property Appraisals are Important in Divorce Cases A property appraisal is an objective and unbiased estimate of the market value of a property, on a given date. For more information on how CPAs utilize appraisals, you can read our article ‘ How Real Estate Appraisals Empower CPAs ’.

Appraisal 78

Appraisal Property Appraisal Inspection Legal 78

Appraisal Partners Blog

JANUARY 14, 2025

This article will explore the purpose, process, and critical factors involved in relocation appraisals, highlighting their importance in achieving successful and seamless employee moves. This means the appraiser will analyze not only the value but also the property’s ability to sell quickly at that price.

Appraisal 78

Appraisal Valuation Appraisal Process Inspection 78

McKissock

APRIL 23, 2021

5 Tips for Preparing for an Inspection of a Luxury Home (infographic). Appraising a luxury home can be stressful, so preparation is important before commencing with a luxury home inspection. The Market Value Does Not Support the Contract Price, Now What? recorded webinar).

Appraisal 89

Appraisal Inspection Real Estate Business 89

Appraisal Partners Blog

FEBRUARY 22, 2024

In this article, we examine the critical function that divorce property appraisals play in divorce proceedings and how they support justice, openness, and well-informed decision-making during the difficult process of asset division. When it comes to divorce proceedings, figuring out “Who gets what?”

Appraisal 78

Appraisal Property Appraisal Valuation Real Estate 78

Appraisal Today

AUGUST 30, 2024

This technology accelerates the inspection process, allowing appraisers to focus their expertise on more nuanced aspects of the valuation where their experience and judgement are most critical. Again, I ask, does contract price equal market value? Two recent articles highlight the ongoing debate about appraisal accuracy.

Appraisal 78

Appraisal Contracts Architecture Mortgage 78

McKissock

JANUARY 14, 2022

The standard appraisal report’s definition of market value refers to “typical buyers,” most of whom would become acutely aware of such odors right at the door, and when it’s significant will either walk away or discount their offering price. An intense dog odor permeated the house.

Appraisal 77

Appraisal Tenants Inspection Market Value 77

McKissock

JULY 11, 2022

Harrison, in the Fall 2006 issue of his Real Estate Valuation Magazine Online, included an article titled “Let’s Resuscitate the Cost Approach.” In contrast, I can seldom come up with a credible reason for not doing the cost approach, unless there was no onsite inspection of the property.

Real Estate 72

Real Estate Appraisal Valuation Inspection 72

DataMaster

APRIL 6, 2021

Share this article with them and chat about the appraisal process. An appraisal is an unbiased valuation of the fair market value of a home. The Appraisal Report An appraiser researches available public information online and does a physical inspection of the home. This is a good opportunity to educate them!

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

DataMaster

APRIL 6, 2021

Share this article with them and chat about the appraisal process. An appraisal is an unbiased valuation of the fair market value of a home. An appraiser researches available public information online and does a physical inspection of the home. We must look at the market analysis and where we are coming from.

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

McKissock

OCTOBER 29, 2021

” “Remain unbiased at all times and use reliable data to support your value conclusions.” ” “Be thorough on your inspections.” The inspection part is the easy part. ” “Get out there and inspect lots of properties, simple and complex. Take your time, don’t be rushed.

Appraisal 88

Appraisal Inspection Training Development 88