Appraisal Partners Blog

MARCH 12, 2025

FHA appraisals have two main objectives: Determine Market Value: Like all appraisals, the FHA appraisal determines the fair market value of the property. Property Inspection: The appraiser conducts a thorough inspection of the property, focusing on both market value and FHA minimum property standards.

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Appraisal Inspection Market Value Sellers 78

Cleveland Appraisal Blog

JANUARY 21, 2021

So, we will call for an qualified professional to inspect the situation to see what, if anything, needs to be done. It is impossible to know the impact on market value until we know if repairs are needed. Because major structural repairs have a negative impact on market value, we must take this situation seriously. .

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Appraisal Inspection Real Estate Market Value 232

Cleveland Appraisal Blog

JANUARY 13, 2022

Because the adjustments we make or choose not to make, impact our opinion of the market value of the property we are appraising. I know of some appraisers who do not measure the properties they appraise, even though they are expected to when making a physical observation (inspection). MEASURING.

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Appraisal Inspection Clients Real Estate 221

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.

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Appraisal Clients Inspection Market Value 217

Riverfront Appraisals

JANUARY 18, 2021

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 final inspection. We’ll briefly look at what a final inspection […]. Welcome to the very first post in our all-new series The Loan Officer’s Guide to Appraisals.

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Final Inspection Inspection Appraisal Loan Officers 92

Housing Wire

AUGUST 3, 2023

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.” If readers detect that the content wasn’t written by the agent, another impersonal blog post won’t impress them or instill confidence in the agent’s expertise.

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Real Estate Agent Real Estate Agents Tools 370

Appraisal Partners Blog

MARCH 6, 2025

They determine the fair market value of real estate assets, which is necessary for various purposes, including tax calculations, distribution of assets to heirs, and probate proceedings. The appraisal establishes the fair market value of the property, typically as of the date of death. What is an Estate Appraisal?

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Market Value Appraisal Valuation Marketing 78

Cleveland Appraisal Blog

AUGUST 11, 2022

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. It is easier to move out of your home.

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Renovations Buyers Appraisal Investing 221

Appraisal Partners Blog

MARCH 18, 2025

If you believe your property is assessed at a value higher than its fair market value, you have the right to appeal your property tax assessment. The assessor determines the assessed value of your property, which is then used to calculate your property tax bill. Property taxes are a significant expense for homeowners.

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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. At its core, a residential appraisal is an unbiased professional opinion of a property’s value. On-Site Inspection: This is where the appraiser physically examines the property.

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Appraisal Inspection Valuation Appraisal Process 78

Birmingham Appraisal

MARCH 4, 2025

Heres why: When a traditional appraisal is waived, the lender determines the homes value using automated valuation models ( AVMs ) instead of an appraisers independent analysis. The lender’s valuation may aid them in the underwriting of the loan but it may not accurately reflect the market value of the home.

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Appraisal Valuation Home Value Market Value 62

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? .

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Appraisal Investors Market Value Contracts 195

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. .

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Appraisal Training Contracts Mortgage 85

Birmingham Appraisal

NOVEMBER 20, 2024

It’s been several weeks now since I’ve blogged and to be honest I’ve missed it. Blogging provides me a creative outlet to help educate the public on the appraisal process. If you had told me in 2010 that I would still be writing my appraisal blog 14 years later I would have said you were crazy, but here I am.

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Real Estate Appraisal Inspection Contracts 91

D Fritz Appraisals

MARCH 16, 2021

The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. Home inspection reports (current and previous). If you’re unsure about the difference between each, we have a helpful blog post on home inspections vs. home appraisals.

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Appraisal HOA Easement Valuation 132

Riverfront Appraisals

AUGUST 31, 2021

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.

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Construction Appraisal Appraisal Process Loan Officers 115

DataMaster

APRIL 15, 2021

Inspections. Inspections take up a chunk of each day. Paperwork made up the first hours of the day for the early risers since no homeowner is going to let an appraiser in for an inspection in the middle of the night! Inspections often started the workday for our later risers. and possibly by their thoroughness as well.

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Appraisal Inspection Real Estate Business 97

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.

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Appraisal Inspection Appraisal Process Real Estate Agent 98

Listing Spark

JANUARY 5, 2025

In this blog post, well go over the pros and cons of selling as-is in Texas. Well discuss these throughout this blog post. To avoid confusion, its essential for sellers to disclose any known defects or issues with the property and for buyers to conduct thorough inspections before making an offer.

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Inspection Sellers Real Estate Agent Contracts 36

Birmingham Appraisal

JANUARY 29, 2025

Beyond what you see during the appraisal inspection do you understand the appraisal process or anything about what appraisers do? Whether its for a legal case or determining fair market value for an estate, these appraisers are just as important in providing accurate and reliable valuations. As always, thanks for reading.

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Appraisal Appraisal Process Valuation Buyers 63

Appraisal Hub

MAY 5, 2024

In this blog, I aim to provide valuable insights and tips from an appraiser’s perspective, empowering real estate agents to navigate the appraisal process with confidence. We are tasked with determining the fair market value of a property based on various factors such as location, condition, and comparable sales.

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Real Estate Agent Real Estate Agents Appraisal Process 78

Appraisal Partners Blog

FEBRUARY 26, 2025

To determine the fair market value of real estate, a divorce appraisal is essential. Property Inspection: The appraiser will conduct a thorough inspection of the property, noting its condition, features, and any upgrades or renovations. The appraiser’s opinion of the property’s fair market value.

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Real Estate Appraisal Valuation Appraisal Process 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. validate the date/time of the picture. prevent/detect manipulation of the geocode information.

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Appraisal Inspection Real Estate Agent Market Value 84

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. Subscribe now!

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Appraisal Inspection HOA Real Estate 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.

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Appraisal Inspection Appraisal Process Valuation 78

Birmingham Appraisal

JUNE 13, 2023

They cannot base their value opinions on anything other than their own analysis of the market data and their professional judgment. If you choose not to be at the property during the appraisal inspection let the appraiser know you are available to answer any questions they may have.

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Real Estate Agent Real Estate Agents Reconsideration of Value 86

DataMaster

APRIL 15, 2021

Gentry Inspections Inspections take up a chunk of each day. Paperwork made up the first hours of the day for the early risers since no homeowner is going to let an appraiser in for an inspection in the middle of the night! Inspections often started the workday for our later risers. Gentry Time To Eat!

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Appraisal Inspection Real Estate Business 78

DataMaster

APRIL 15, 2021

Inspections. Inspections take up a chunk of each day. Paperwork made up the first hours of the day for the early risers since no homeowner is going to let an appraiser in for an inspection in the middle of the night! Inspections often started the workday for our later risers. and possibly by their thoroughness as well.

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Appraisal Inspection Real Estate Business 78

Genworth MI Blog

JUNE 27, 2019

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. An appraiser’s inspection is comparable to the level of observation conducted by a typical buyer. Sign me up!

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Appraisal Tips Appraisal Law Market Value 78

Genworth MI Blog

JUNE 27, 2019

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. An appraiser’s inspection is comparable to the level of observation conducted by a typical buyer. Sign me up!

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Appraisal Tips Appraisal Law Market Value 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. validate the date/time of the picture. prevent/detect manipulation of the geocode information.

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Appraisal Inspection Real Estate Agent Market Value 78

Appraisal Partners Blog

FEBRUARY 9, 2025

A home appraisal is an unbiased, professional opinion of a property’s fair market value. For Sellers: An appraisal can help sellers set a realistic asking price, attracting potential buyers and avoiding overpricing, which can lead to a prolonged time on the market. An analysis of the market data and comparable sales.

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Appraisal Property Taxes Inspection Sellers 78

Town & Country Residential Appraisals

APRIL 10, 2023

Fannie Mae recently announced in their recent Selling Guide (SEL-2023-02) update that “as part of the valuation modernization” they are transitioning to a “range of options to establish a property’s market value”. You can read the full letter and blog post at [link] How could this go wrong?

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Appraisal Final Inspection Modernization Inspection 57

Dart Appraisal

APRIL 9, 2021

While it is typically true that a commercial appraisal will cost somewhat more than a residential appraisal, it is a wise investment to have an appraisal that truly reflects market value and expectations. Sometimes, that is not identifiable until the appraiser performs their appraisal inspection of the subject property.

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Valuation Legal Clients Appraisal 68

Birmingham Appraisal

JUNE 11, 2024

The Many Faces of Real Estate Appraisals Real estate appraisals are required whenever the value of a property needs to be determined. The value might be assessed as of the inspection date or, in some cases, as of a past date. Accurate pricing involves more than adding the cost of improvements to the market value of your home.

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Appraisal Property Taxes Valuation Real Estate 87

The Robert Weiler Company

APRIL 12, 2023

While this helps expedite the process, the lack of on-the-ground property inspection leaves some Ohio residents nervous. And, how can property owners potentially challenge new property values? The cost approach also considers depreciation, thus, assuming a fair market value for the commercial property.

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Property Appraisal Property Taxes Valuation Real Estate 148

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. Understanding PMI - What is it, and why do you need it?

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Appraisal Home Value Appraisal Process Insurance 98