Housing Wire

OCTOBER 10, 2023

It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. Successful agents create effective and accurate CMA reports that help their clients make informed decisions. Sellers would be able to carefully review comparable properties on the market as well as those that have successfully closed.

Marketing 435

Marketing Real Estate Agent Clients Tools 435

McKissock

JULY 20, 2021

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., FHA appraisal assignments ) because they don’t want to be considered a “home inspector.” You were hired to complete an appraisal. Can an appraisal inspection substitute a home inspection?

Inspection 105

Inspection Appraisal Construction Clients 105

Realvals

FEBRUARY 10, 2025

Appraisals play an important role in real estate transactions, but privacy is always a concern. Home appraisals are never publicly available and are only shared with the appraiser’s client and authorized parties. These include public records, MLS listings, and their own inspections/observations.

Appraisal 78

Appraisal Property Taxes Real Estate Market Value 78

Walitt Solutions

MAY 17, 2024

“Personal inspection” might mean many things to the ordinary “man on the street.” ” But to an appraiser, users of appraisal services, and regulatory agencies in the valuation space, “personal inspection” takes on a very specific meaning. exploring the inside of buildings).

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Inspection Appraisal Clients Appraisal Process 57

McKissock

DECEMBER 7, 2021

Whether you’re a new appraiser or a seasoned appraiser looking to grow your income, you probably want to know, “What appraisal competencies do I need to master in order to maximize my success?” Key appraisal competencies. ” Obtain clients / solicit business. Manage client expectations.

Property Appraisal 64

Property Appraisal Appraisal Business Clients 64

East Coast Appraisal

JULY 7, 2022

property appraisal is essential in the real estate industry. It aids in determining the property's market value, ensuring the buyer can acquire it at a fair price. This blog will discuss specific errors that may impact the valuation process and which should be avoided during property appraisal. . contact. .

Property Appraisal 52

Property Appraisal Appraisal Valuation Appraisal Process 52

The Robert Weiler Company

APRIL 12, 2023

Thanks to the passage of a 2017 law, the State’s property reassessments are based on drone footage, taken from about 400 feet in the air. 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?

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Property Appraisal Property Taxes Valuation Real Estate 148

Appraisal Hub

MARCH 5, 2021

If speed is an important factor for your next commercial property transaction, then you need a property appraiser that works fast. But even the most efficient appraisal firms can’t do their jobs if clients don’t provide the information they need. What happens during an appraisal?

Appraisal Process 78

Appraisal Process Real Estate Appraisal Property Appraisal 78

McKissock

MAY 18, 2021

While the appraiser has broad flexibility in the level of detail and manner of disclosing the scope of work in the appraisal report, there must be sufficient information contained in the report for the client and other intended users that rely on the assignment results to understand the scope of work performed.

Appraisal 63

Appraisal Inspection Clients Real Property 63

Boston Appraisal

OCTOBER 27, 2023

In order to ensure a fair and equitable distribution of assets, it is essential to obtain a professional, and accurate property appraisal in a divorce case. Why Property Appraisals are Important in Divorce Cases A property appraisal is an objective and unbiased estimate of the market value of a property, on a given date.

Appraisal 78

Appraisal Property Appraisal Inspection Legal 78

McKissock

MARCH 17, 2023

As an experienced appraiser, there are many reasons you may decide to take on a trainee. property inspections), or prepare for retirement. Whatever the reason, supervisors play an essential role in the training and development of future appraisers. You might be looking to grow your business, delegate tasks (e.g.,

Appraisal 97

Appraisal Training Property Appraisal Real Property 97

Appraisal Hub

AUGUST 21, 2020

This is why you should consider getting help from appraisal firms that specialize in high-end properties. The result of a home appraisal is a comprehensive report detailing the appraiser’s visual inspection and other factors, such as current market trends, the home’s features, and the recent sales of other luxury homes.

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Appraisal Luxury Properties Property Appraisal Inspection 78

Appraisal Hub

JULY 26, 2024

Then, they study the property to see if the home is worth that price. For example, if an owner wants $10 million for their estate, the appraiser starts their work to see if that’s its actual worth. The appraiser inspects the property from top to bottom. Choose Appraisal Hub Inc. Appraisal Hub Inc.

Valuation 78

Valuation Buyers Market Value Appraisal 78

McKissock

JANUARY 31, 2023

” “The amount of knowledge, continued education and diligence it truly takes to provide an excellent work product for the property appraisal.” ” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” agents to appraisers and vice versa.”

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

McKissock

AUGUST 21, 2020

In any real estate appraisal assignment, you must use one of the two written report options outlined in USPAP: Appraisal Report or Restricted Appraisal Report. A diligent appraiser can utilize the Restricted Appraisal Report option when it makes good sense for the assignment and client.

Appraisal 92

Appraisal Appraisal Process Clients Development 92

Birmingham Appraisal

JUNE 21, 2023

Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions. Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. These include: 1.

Real Estate Agent 84

Real Estate Agent Real Estate Agents Appraisal 84

Appraisal Partners Blog

OCTOBER 28, 2019

The first thing you need to do to begin the process of getting a property appraisal is fill out our online order form. This just allows us to gather the basic information we need about you and your property before finding the appraiser that can carry out the appraisal for you. Next, we match you with an appraiser.

Appraisal Process 78

Appraisal Process Appraisal Inspection Property Appraisal 78

McKissock

DECEMBER 28, 2021

Traut notes that the Federal Housing Finance Agency (FHFA) announced in late October 2021 at the Mortgage Banker Association’s annual conference that banks and mortgage lenders will be able to use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages.

Appraisal 96

Appraisal Reconsideration of Value Real Estate Property Appraisal 96

McKissock

JANUARY 14, 2022

I phoned to notify my local lender client of the problem. The client said that it couldn’t be that bad, to which I said to come check it out yourself. My client never got past the foyer, cancelled the assignment, and denied the loan. Free Download: Ready to launch your appraisal career?

Appraisal 77

Appraisal Tenants Inspection Market Value 77

McKissock

SEPTEMBER 28, 2021

Time management challenges are a big issue for many property appraisers. Your income depends on how many appraisal assignments you can complete each month and each year—and you need time to produce each report. Last month we asked appraisers, “What’s one thing you wish you could STOP doing to save time in your workday?”

Appraisal 85

Appraisal Property Appraisal Loan Officers Clients 85

Walitt Solutions

MARCH 29, 2020

In many cases, FHA, USDA, VA, Fannie Mae, and Freddie Mac are allowing the use of appraisals with inspections that vary from the typical level of inspections pre-typed on the lending appraisal forms. For manufactured homes and multi-unit (2- to-4 unit) properties, appraisers will use the 1004C or 1025 form.

Inspection 53

Inspection Appraisal Valuation Training 53

Robinson Appraisal Group

NOVEMBER 16, 2018

The Market Conditions Addendum was required with all one- to four-unit property appraisals performed on or after April 1, 2009. The form is broken down into categories of time to include comparable settled sales in the past 90 days, the prior 4 – 6 months and the previous 7 – 12 months from the date of inspection.

Tools 78

Tools Appraisal Lending Inspection 78

Appraisal Today

SEPTEMBER 22, 2023

I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today. To me, the big issue is who is doing the inspections. Only appraisers do the appraisals. They included appraisers, real estate agents, and someone with a week, a month, or online video training. Read the full report.

Appraisal 87

Appraisal Training Inspection Real Estate 87

The Robert Weiler Company

OCTOBER 21, 2022

We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser. Question 1: What is a commercial real estate appraisal? Question 5: Why are commercial property appraisals important?

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

The Robert Weiler Company

OCTOBER 15, 2021

Tip #5: Hire a professional Ohio real estate appraiser to assess the Columbus, Ohio commercial property for sale before signing. In addition to hiring an attorney, assemble a team of experts, particularly professional commercial property appraisers to assess the property prior to signing.

Investing 138

Investing Real Estate Tenants Investors 138

McKissock

FEBRUARY 23, 2021

Residential Property Inspection for Appraisers. This course is a primer on how to inspect a residential property, and it is designed to be meaningful and relevant for experienced appraisers and novice appraisers alike. I would highly recommend for new appraisers and seasoned appraisers as well.”

Appraisal 52

Appraisal Inspection Development Design 52

AmeriMac

NOVEMBER 30, 2023

In this blog, we will take you through everything you need about commercial real estate appraisal, from defining the term and understanding its importance to exploring the different types of commercial properties that are appraised. The property inspection is a crucial step in the commercial appraisal process.

Appraisal 36

Appraisal Inspection Appraisal Process Real Estate 36

Walitt Solutions

SEPTEMBER 5, 2019

A fellow appraiser recently reached out to me and we had an opportunity to have an appraiser-to-appraiser email exchange. The issue related to a client’s request for a 1004D form: I received a request from a lender client to complete the 1004D Update Appraisal. I did the original appraisal four months ago.

Appraisal 40

Appraisal Clients Inspection Property Appraisal 40

Appraisal Today

JANUARY 31, 2025

. ———————————————— Appraisal/Appraiser Bias Accusations Per a recent appraisersblogs post: removal of all appraisal bias propaganda from the official whitehouse.gov website. I only worked for lender clients that accepted them.

Appraisal 63

Appraisal Contracts Real Estate Insurance 63

Birmingham Appraisal

FEBRUARY 8, 2023

Appraisals can be performed for other reasons besides lending, however, for purposes of our discussion here we’re going to be discussing an appraisal that is done in order to obtain a mortgage loan. If you were buying a home and the loan officer told you that they needed to get an appraisal this is what they were talking about.

Realtors 86

Realtors Appraisal Market Value Real Estate Agent 86

AmeriMac

AUGUST 27, 2024

Key Elements of the Underwriting Process for Property Appraisal A property appraisal provides critical information for mortgage underwriting. It helps lenders decide on financing by assessing the property’s value compared to the loan amount requested. The post What is Underwriting for Appraisal?

Appraisal 36

Appraisal Mortgage Lending Market Value 36

The People's Appraisal Blog

MAY 3, 2018

Appraiser pressures aren’t normal everyday life pressures, they’re different.Typically, when business is good, it’s for reasons like doing a great job and providing a great service. Or, it could be because one aims to keep the client happy by hitting value, which is not exactly a good thing.

Appraisal 36

Appraisal Contracts Clients Renovations 36

Appraisal Today

DECEMBER 2, 2022

Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. Completing Evaluations in compliance with the Interagency Appraisal and Evaluation Guidelines.

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Appraisal Agents Real Estate Real Estate Agent 82

Realvals

JUNE 18, 2023

In the first scenario, an appraisal gives you an objective perspective on the property’s value to ensure that you don’t overpay for your new home. I have had many clients that want to make an offer without a contingency, or want to make sure their offer is competitive. This is also incorrect.

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Appraisal Property Taxes Real Estate Market Value 145

Appraisal Today

NOVEMBER 17, 2023

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference.

Appraisal 70

Appraisal Modernization Training Business 70

Appraisal Today

APRIL 14, 2023

5 Resources to Help You Avoid Appraisal Errors and Violations As busy real estate appraiser, both your time and your professional reputation are extremely valuable. While most common appraisal errors are minor and won’t result in disciplinary action, even small mistakes take time to correct and therefore slow down your process.

Appraisal 52

Appraisal Bracketing Valuation Contracts 52

Appraisal Today

OCTOBER 11, 2024

Some negative outcomes may include: Limitation of investigative property inspection, work scope, anomalies, and interaction with the lender client when unique situations arise. This demonstrates the issue of uncertainty and “relative reference.” Heaslet: The simple answer is “no.”

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Appraisal Insurance Contracts Valuation 75