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Figure 2 A scatter plot showing sales price on the Y-axis and date of sale on the X-axis helps a realestateappraiser visualize the trend of property values over time. This line helps assess the average market behavior and can support adjustments for time differences between sales dates of comparable properties.
Premier Home Appraisals is hosting an information-packed interactive training session for the Winchester/Shenandoah Valley market that brings the nuts and bolts of residential propertyappraisal right to your fingertips. Bracketing requirements and consideration. Updated versus remodeled… determining condition.
So far in our series, we’ve looked at final inspections, lending on unique homes, communication with the appraiser, and reconsiderations of value. The post The Loan Officer’s Guide to Appraisals Part 5: What is bracketing and why do we do it? appeared first on Riverfront Appraisals. So if this is […].
Price like a RealEstateAppraiser! Are you a realestate professional or mortgage lender looking to learn more about the home appraisal process? Let our experienced certified Virginia appraisal experts be the premier source of home appraisal knowledge for your market. We can help!
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 final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value, bracketing and FHA appraisals.
This post is part six of a 12-part series we’re calling The Loan Officer’s Guide to Appraisals. So far in our series, we’ve looked at final inspections, lending on unique homes, communication with the appraiser, reconsiderations of value and bracketing. […]. appeared first on Riverfront Appraisals.
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. Excerpt: The most coveted pieces of realestate are often found directly on the water.
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