Birmingham Appraisal

MARCH 4, 2025

In fact, one of the biggest dangers is that widespread reliance on appraisal waivers is contributing to what some call “data cancer”a systemic problem that degrades the accuracy of real estate valuations over time. If the sale price was inflated, that incorrect value gets baked into the system.

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D Fritz Appraisals

SEPTEMBER 19, 2019

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

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Birmingham Appraisal

MAY 21, 2024

Strategies for Evaluating Home Value: What Buyers Need to Know When it comes to purchasing a home, understanding the various factors that affect its value is important. Evaluating home value is essential in this regard. Key Factors For Buyers to Consider 1.

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Birmingham Appraisal

JANUARY 29, 2025

Using this information helps appraisers provide the most accurate and up-to-date valuation possible. 2) Appraisers don’t “give” value- Appraisers measure the buyer’s reaction to certain features of a house. Active listings help us to understand what other competing properties are listed for.

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Appraiserblogs

APRIL 28, 2022

Race is NEVER considered during a valuation Last week in a congressional hearing on the future…. The post Sales Comparison Approach is Racist appeared on Appraisers Blogs. Elizabeth Korver-Glenn, PhD, work is one of the key reasons why there is so much chatter about racist appraisers in the US. Is Race Baked into Big Data?

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DW Slater Company

FEBRUARY 23, 2023

– Birmingham Appraisal Blog Listen Logan Mohtashami on finding the bottom for housing inventory – HousingWire Daily Podcast Supplement or Scale? Market conditions and market analysis is crucial in valuation. If you have any questions about appraising or appraisal services please reach out to us at www.dwslaterco.com.

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Appraiserblogs

APRIL 13, 2023

High interest rates and falling home values mean borrowers north of the border aren’t able to refinance out of these toxic mortgages. Home Valuations Are Being Subverted At the crossroads of it all is a campaign to weaken or eliminate valuations. Mortgage Underwriting appeared on Appraisers Blogs.

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Appraiserblogs

JANUARY 11, 2024

Convinced racism torpedoed valuations in… The Real Cause of the Home Value Gap Is the Income Gap Blaming appraisers for the income gap will never solve the real underlying problem. Blaming appraisers for the income gap is… The post Foreclosures in Black Communities Due to Overvaluation appeared on Appraisers Blogs.

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Appraiserblogs

APRIL 23, 2024

The underwriter revealed that the tool uses a ‘Census Block Grid’ adjustment (CBG) to evaluate comparable property values. This adjustment, which modifies values based on median home values within specific census blocks, raises concerns for potentially reflecting practices akin to redlining – a discriminatory practice that.

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Will Springer Realtor

NOVEMBER 19, 2024

For more information, check out my Smart Home Tech Guide.) Automated Valuation Models : AVMs have reshaped the pricing and negotiation phases of residential real estate. These tech-driven valuations help sellers and buyers estimate home values more quickly and most times accurately.

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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. You’ll be able to recover those costs in your home appraisal.

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Premier Home Appraisal Blog

MAY 30, 2023

By getting a PMI removal appraisal and showing that your home has increased in value, you can show that you have the required equity to SAVE MONEY! This appraisal blog post will explore how our Virginia home appraisal services can get you started on financial freedom. This is where the appraisal process comes in.

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Appraisal Today

APRIL 26, 2024

NOTE: Please scroll down to read the other topics in this long blog post on agent concessions, History of appraisal bias back to 1930s, “one mile” rule and bias, unusual homes, mortgage origination stats, etc. Read on blog www.appraisaltoday.com/blog Posted by noon Friday.

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Raleigh Realty

FEBRUARY 19, 2022

Of course, if you're in a hot market and believe the home is worth what you're offering, you could save yourself time and energy by skipping the appraisal process. Does a Newly Constructed Home Need an Appraisal? Yes, even a newly constructed home needs an appraisal. You now owe less than 80 of the home's worth on your mortgage.

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Appraisal Today

JULY 26, 2024

In contrast, a C4 condition applies to a home that’s adequately maintained, has slight deferred maintenance and minor physical wear and tear, and may need cosmetic or minor repairs. He is a certified general appraiser with more than 30 years of experience in valuation, appraisal and collateral risk management concerns.

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Appraisal Today

JUNE 28, 2024

The driver behind this final rule was to eliminate potential bias in valuations by replacing appraisers with AVMS. This finding indicates that we cannot reject the role historic discrimination has played in the evaluation of home values. AVM software is built by humans who have inherent biases. Private Island on New York’s St.

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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. The article implies that there is difficulty in “providing accurate valuations” as evidence by the gap in appraisals and actual sale prices.

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Appraisal Today

AUGUST 23, 2024

Billionaire Getty Heir Puts Extraordinary Greek Temple (Temple of Wings) on the Market for $5 Million Redfin Reports Investor Home Purchases Post Biggest Increase in Two Years The Biggest Home in Each State Objectionable Valuations Become Hate Speech, Inflating Home Prices Mortgage applications decreased 10.1

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Birmingham Appraisal

MARCH 26, 2025

Similar school districts, especially in areas where schools significantly impact home values. Within a similar competitive market area (if no sales are available in the subject’s neighborhood or subdivision): ie, an area with similar quality, style, and price range of homes.

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Agents Appraisal Reconsideration of Value Real Estate Agent 58

Appraisal Today

FEBRUARY 14, 2025

This series of blog posts intends to consider each of the claimed methods, in the context of USPAP, GSE guidelines, licensing curriculum, and FHFA/regulatory realities.We This series of blog posts intends to consider each of the claimed methods, in the context of USPAP, GSE guidelines, licensing curriculum, and FHFA/regulatory realities.We

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Appraisal Today

AUGUST 30, 2024

Redfin Reports 6 of Every 7 People With Mortgages Have an Interest Rate Below 6% 110 Nightmarish Home Inspector Scenarios Mortgage applications increased 0.5 The article implies that there is difficulty in “providing accurate valuations” as evidence by the gap in appraisals and actual sale prices. Below 4%: 57.4%

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Appraisal Today

MARCH 3, 2023

(Opens in a new browser tab) Using home’s previous sales in appraisals (Opens in a new browser tab) Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! To read more of this long blog post with many topics, click Read More Below!!

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Tools Appraisal Home Value Business 52

Cornerstone

MARCH 3, 2021

Economic Outlook from the National Association of REALTORS® (NAR) shows that existing home prices in the U.S. Experts project that home values will continue to increase throughout the year. Ensure that all minor repairs and necessary updates have been made and that your home is clean and in showing-ready condition.

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Sellers Bracketing Inventory Buyers 59

Appraisal Today

NOVEMBER 4, 2022

My comments: Read this blog post with practical tips from practicing appraisers. But, McKissock’s blog posts are short, well written, and popular with readers, so I include them regularly. To read more of this long blog post with many topics, click Read More Below!! Building homes at a higher elevation will help.

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Reconsideration of Value Appraisal Inspection Advertising 52

Appraisal Today

FEBRUARY 23, 2024

NOTE: Please scroll down to read the other topics in this long blog post on residential fee appraiser testifies at bias hearing, what happens to Fannie complaints, Why I love real estate appraising, unusual homes, mortgage origination stats, etc. == Concrete Chateau Artisan Rising From a Lake in Miami FL Is Available for $21.8M

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Appraisal Real Estate Contracts Reconsideration of Value 75

The Robert Weiler Company

OCTOBER 15, 2021

Consider this: According to Crain’s Chicago Business, Columbus saw the most substantial increase in total home value in the country. As such, awareness of these six potential issues is critical to success: Missing the mark with commercial property value. It is also where most errors often occur.

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Investing Real Estate Tenants Investors 138

Appraisal Today

APRIL 14, 2023

To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on liability, appraisal errors, non-lender appraisals, Fannie non-appraisal options, unusual homes, mortgage origination stats, etc. Worth reading.

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Appraisal Bracketing Valuation Contracts 52

AmeriMac

JANUARY 30, 2024

Moreover, the reverse mortgage appraisal report, reflecting the current home value, significantly aids in the loan application process. An accurate appraisal report provides mortgage lenders with informed valuation insights, guiding them in the loan approval process.

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Appraisal Process Mortgage Appraisal Appraisal Mortgage 36

Appraisal Today

DECEMBER 23, 2022

Note: the link to the complementary post, “How to Pull Comps on a Complex Property,” is included in this blog post. To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on unusual homes, mortgage origination stats, etc.

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Appraisal Contracts Mortgage Modernization 52

Appraisal Today

JUNE 10, 2022

In past issues of the Analogue Blog, we have considered the “five forces of friction” on the advancement of appraisal. Here we consider how these “frictions” will behave as appraisal demand has dropped, just as each of the five forces have found ways to reduce or “eliminate” the need for valuation expertise. Humor for Appraisers.

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Appraisal Contracts Business Mortgage 52

Appraisal Today

SEPTEMBER 29, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ Risk to Home Values.

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Insurance Appraisal Contracts Mortgage 88

AmeriMac

MARCH 29, 2024

One important aspect of the reverse mortgage process is the appraisal, which determines the value of the property and plays a crucial role in determining the size of the loan. Appraisals help establish the loan amount, based on factors like home equity and condition. They compare the property to similar homes to determine its worth.

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Mortgage Appraisal Appraisal Mortgage Appraisal Process 36

Will Springer Realtor

MARCH 7, 2023

The highest property value increase in King County this year occurred in Sammamish, where the median home value jumped 51%. They are qualified to provide fair market value of the property by using recently sold properties of similar type in the immediate area. 1 of the next year.

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Property Taxes Market Value Real Estate Government 36

AmeriMac

MARCH 1, 2024

This blog post explores private mortgage insurance, its impact on your mortgage, strategies to eliminate it, and the appraisal process. Can PMI be removed if your home value increases? Leveraging increased property value might lead to PMI elimination. PMI adds to your monthly payment and delays homeownership.

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Cleveland Appraisal Blog

MAY 13, 2021

It’s good to be back in the blogging saddle. Next week, I have a bonus post that HomeLight wrote for the Cleveland Appraisal Blog. You can also listen right here at Cleveland Appraisal Blog! It’s The Market It’s Not You – Birmingham Appraisal Blog. – George Dell’s Analogue Blog.

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Market Value Appraisal Contracts Buyers 299

Will Springer Realtor

AUGUST 11, 2023

Click to expand any image or graphic from my newsletters and blog posts.) Housing shortages have helped keep home prices and rents high across the country. >> In an analysis by Axios , it takes the typical Seattle resident 13 years to save up for a 10% down payment on a home. 10am-4pm Events are subject to change.

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Appraiserblogs

FEBRUARY 13, 2023

We’ve all heard… The post The Real Cause of the Home Value Gap Is the Income Gap appeared on Appraisers Blogs.

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