This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Realestate agents often make the mistake of believing their clients will remember them forever but they dont. One of the easiest and most cost-effective ways to stay top-of-mind with clients and prospects is by consistently delivering value in an informative, helpful realestate newsletter. So, where do you start?
In this article, I thought I would share my thoughts on this and whether scanning a property with Cubicasa is considered to be an appraisal inspection. WHAT IS AN APPRAISAL INSPECTION? I think it’s important to understand what an appraisal inspection is. The attorney questioned my use of the word inspection. ”). .”
Check out these nine downloadable realestate prospecting letter templates to help you make an impression in your neighborhood or zip code. My name is (your name), and I’m a licensed realestate professional with (your brokerage). Please think of me as your go-to resource for all things realestate.
Too many realestate agents are watching artificial intelligence (AI) from the sidelines, assuming technology will never replace them. They repeat the mantra “Home buyers and sellers will always need a realestate agent.” So how can realestate agents be so cavalier about their job? trillion to $7.9
For many, buying a home is a complex process, and navigating the realestate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. Work with a realestate professional with MLS access In non-disclosure states, the role of realestate agents becomes even more crucial.
Sometimes consumers equate the appraisal inspection as a professional home inspection. Home Inspection A licensed home inspector performs a home inspection. Home inspections, which typically span hours, encompass various elements including electrical systems, plumbing, HVAC, roofing, and structural components.
Loan officers and listing agents are familiar with homeowner anxiety about realestate appraisals. Realestate appraisals serve an important role in the mortgage lending process and many borrowers will have personal experience interacting with an appraiser during a refinance, and possibly even a purchase.
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! You can also listen right here at Cleveland Appraisal Blog! . – Birmingham Appraisal Blog.
The Urban Institute recently released a blog post entitled – Increasing Diversity in the Appraisal Profession Combined with Short-Term Solutions Can Help Address Valuation Bias for Homeowners of Color. This article addresses several issues with the realestate appraisal profession that are worthy of further examination and comment.
When I appraise a home, I measure it, if the scope of my work involves physically inspecting the home, which it normally does. You can also listen right here at Cleveland Appraisal Blog! An open letter to home sellers in a crazy market – Sacramento Appraisal Blog. Is The Entire Birmingham RealEstate Market Hot?
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. Looking for a qualified realestate appraiser in your area? You can also listen right here at Cleveland Appraisal Blog! – George Dell’s Analogue Blog.
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. That’s a real bummer! I also strongly recommend getting a home inspection.
An appraisal is the estimated value of a home that is based on an inspection. If you’re in the greater Cleveland area, contact Jamie Owen, a state-certified residential realestate appraiser at Aspen Appraisal Services. Cleveland Appraisal Blog is full of helpful information. – George Dell’s Analog Blog.
When it comes to nuisance neighbors, I try to visit with realestate agents who have recently sold properties that are within close proximity to the property I am appraising, if possible. Realestate agents are typically more connected with the public and these types of situations than we appraisers usually are.
With the warmth of the summer season on everybody’s mind, it’s natural for investors, especially those in commercial realestate, to divert their attention to new opportunities. This realization is as true for commercial realestate investors as it is for residential property holders. encourages further degradation.
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.
Read on for some pointers from Cleveland Appraisal Blog. 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. Thanks so much for being here to read articles from the Cleveland Appraisal Blog! Kitchen Remodel. Travel safe!
Schedule Regular Plumbing Inspections If you really want to keep your plumbing system eco-friendly, it’s time to practice some TLC. Regular inspections are important to catch plumbing issues and maintain an efficient plumbing and water transport system. You can also listen right here at Cleveland Appraisal Blog!
So, we will call for an qualified professional to inspect the situation to see what, if anything, needs to be done. Looking for a qualified realestate appraiser in your area? You can also listen right here at Cleveland Appraisal Blog! Anatomy of a Sales Comparable – Birmingham Appraisal Blog. NON-STRUCTURAL.
By the way, if you’re a realestate agent, you no doubt have experienced these same issues with some that you work with or work for. 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.
Talking to your realestate agent or appraiser is also helpful to get a professional’s point of view. 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. In addition, selling as-is is the norm in some realestate markets.
This program allows for the collection of data related to realestate appraisals by unlicensed third-party data collectors, which is in direct violation of article 38 of the state’s RealEstate Appraiser Licensing and Certification Act. THE REALESTATE APPRAISER. ARTICLE 38.
When it comes to commercial realestate – both across the US and here in Columbus, Ohio – the diversity of enterprises and sheer size of the industry can be staggering. To match the girth of American commercial realestate, it would take 7.2 Commercial RealEstate Is Not One-Size-Fits-All.
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. Looking for a qualified realestate appraiser in your area? Hang in there! www.anchor.fm/cash-appraiserstats.com.
Only the wife was at home to greet the appraiser when they arrived to inspect her home. I’m an African American male with an MBA degree, concentrating in RealEstate and Urban Affairs. My first realestate job as a staff appraiser was with a firm that was a precursor to the modern-day Appraisal Management Company.
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.
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.
It is a group of increasingly vibrant – “and growing” – individuals with many estate planning appraisal and realestate planning needs for multiple properties. How Are RealEstate Appraisals Related to Estate Planning? During the probate process, the valuation of the estate is performed at the time of death.
Introduction The residential appraisal is a cornerstone of the realestate world, yet it’s often shrouded in mystery for many homeowners. This article will break down the complexities of the appraisal process, providing you with the essential knowledge to navigate this critical aspect of realestate transactions with confidence.
Lamacchia Realty's Best Blog Posts of 2022. Realestate is a constantly evolving industry, and staying up-to-date on the latest trends and best practices is essential for success. That’s why Lamacchia Realty’s blog is a valuable resource for agents and clients alike. A Guide to Common New England Home Styles.
When selling commercial realestate, the favorite phrase, “A little bit goes a long way,” holds much truth. Below are 24 practical tips you can use to improve any of the five major types of commercial realestate. What is Return on Investment in Commercial RealEstate?
Loan officers and listing agents are familiar with homeowner anxiety about realestate appraisals. Realestate appraisals serve an important role in the mortgage lending process and many borrowers will have personal experience interacting with an appraiser during a refinance, and possibly even a purchase.
During this demonstration, our realestate appraisers will walk you through a residential property tour discussing; ANSI measurement and square footage requirements. All things appraisal property inspection. Updated versus remodeled… determining condition. What counts as a bedroom? How do we communicate with Homeowners?
As a seasoned appraiser in the vibrant realestate market of Toronto, I’ve had the privilege of witnessing the ever-evolving landscape of property valuation. Over the years, I’ve come to appreciate the symbiotic relationship between appraisers and realestate agents.
Realestate agents and loan officers play an important role in ensuring appraisers have the necessary data to deliver reliable valuations. I had the opportunity to discuss some common questions people have about the appraisal process with Massachusetts realestate agent Kevin Vitali. Share this information proactively.
The training addresses common deficiencies noted in appraisal reviews performed by HUD staff appraisers for FHA forward mortgages, Home Equity Conversion Mortgages (HECM) and RealEstate Owned (REO) properties to determine areas of... Related Posts: HUD and the AMC Mortgagee letter on choosing FHA appraiser, AMC &/or 3rd party fees.
What’s in a Name: Warehouse Rental Space vs. Industrial RealEstate. When first examining industrial realestate, these two terms, “warehouse” and “industrial” space dominate. If you’re looking to purchase commercial industrial realestate, it’s essential to know and understand this distinction.
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?
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 realestate valuations over time. Because in realestate, what seems like a shortcut today could lead to serious financial problems tomorrow.
By increasing the maximum allowable loan-to-value (LTV) ratio for full appraisal waivers from 80% to 90%, and for inspection-based appraisal waivers from 80% to 97%, the FHFA is taking a risky and potentially irresponsible step that could have far-reaching consequences. Read on blog www.appraisaltoday.com/blog Posted by noon Friday.
One of the most significant aspects of a divorce settlement is the division of assets, and realestate often represents a substantial portion of those assets. To determine the fair market value of realestate, a divorce appraisal is essential. Familiar with the local realestate market.
Many homeowners and realestate agents assume that the square footage listed in public records is accurate, but thats not always the case. Today I thought I would discuss the main reasons behind square footage discrepancies and their impact on realestate transactions. appeared first on Birmingham Appraisal Blog.
Should "property data collectors" who inspect properties and provide information to realestate appraisers be licensed by state appraiser boards?… Related Posts: Hybrid Inspectors Offering Appraisal Opinions Clear Capital admission: This is an admission that inspector were previously offering appraisal opinions re Q&C.
Appraisal Tips For RealEstate Agents As a realestate appraiser with over 30 years of experience, I have seen many changes and challenges in the appraisal profession and the realestate market. Conclusion I hope that these insights and tips have been helpful and informative for you as a realestate agent.
We organize all of the trending information in your field so you don't have to. Join 9,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content