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In this blog post, we’re starting with the end. Well – not really the end, but one of the last parts of some appraisals – namely the finalinspection. We’ll briefly look at what a finalinspection […]. Welcome to the very first post in our all-new series The Loan Officer’s Guide to Appraisals.
A Closer Look At The FinalInspection. You may have heard of an appraisal inspection but what is a finalinspection? For many types of appraisals, there is only one inspection or observation as we like to call it. Because an appraisal is nothing like a home inspection, that term could be somewhat misleading.
For the past six months, I’ve been blogging with the purpose of assisting loan officers to better understand the appraisal process. So far, we’ve covered finalinspections, lending on unique homes, communication with the appraiser, reconsiderations of value, bracketing and FHA appraisals. And, you’ll definitely […].
Right now on our Appraisal Blog, we’re all about helping Loan Officers. So far in our series, we’ve looked at finalinspections, lending on unique homes, communication with the appraiser, reconsiderations of value and bracketing. […]. We’re halfway there!
In case you missed part one, go back and read all about the FinalInspection process here. In this blog post, we’re going to give you an appraiser’s perspective on unique homes, and […]. This post is part two of a 12-part series we recently launched called The Loan Officer’s Guide to Appraisals.
Right now on our Appraisal Blog, we’re all about helping Loan Officers. So far in our series, we’ve looked at finalinspections, lending on unique homes, communication with the appraiser, and reconsiderations of value. This post is part five of a 12-part series we’re calling The Loan Officer’s Guide to Appraisals.
Welcome to the September edition of our blog series, The Loan Officer’s Guide to Appraisals. This entire year, I’ve been blogging once a month with the purpose of assisting loan officers to better understand the appraisal process. This month’s blog post will be all about new construction appraisals.
There have been plenty of times I have showed up to complete a repair inspection or finalinspection on a new construction and it was not completed. You can read the full letter and blog post at [link] How could this go wrong?
A well-maintained property can contribute to a more favorable valuation and prevent the need for a finalinspection, which can cost the buyer more money and possibly delay the closing. The post The Appraiser-Agent Relationship: A Win-Win Approach appeared first on Birmingham Appraisal Blog.
My advice: Always check what plan and updates were actually built when doing finalinspection. I always asked to see the final sales document data. Read on blog www.appraisaltoday.com/blog Posted by noon Friday. You can subscribe to the blog in the upper right of each blog page.
This must be completed as quickly as possible to finalize the mortgage closing process, as failure to do so can lead to the deal falling through. Final Walk-Through Do a finalinspection of the property to ensure agreed-upon repairs are completed, and no new damage has occurred.
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