Appraisal Buzz

MAY 18, 2022

I started at the Department of Housing & Urban Development in a temporary position in the Valuation Branch in the Minneapolis field office. They include exterior and interior inspections, new construction, as-is and as-repaired and appraisals for a variety of uses within financial institutions.

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Appraisal Buzz

JULY 26, 2021

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 real estate appraisal profession that are worthy of further examination and comment.

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Appraisal Partners Blog

JANUARY 20, 2025

But what exactly is a residential appraisal, why is it necessary, and what factors influence the final valuation? Its conducted by a licensed or certified appraiser who adheres to strict ethical guidelines and valuation principles. This valuation is crucial for a multitude of reasons. They will be aware of any deficiencies.

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CP Home Appraisals

AUGUST 27, 2018

Isn’t a home inspection similar to a home appraisal? Not at all – an appraisal differs from a house inspection. Although the home appraiser will complete a rudimentary inspection of the subject property, it will be nowhere near as thorough as what a property inspector does. Do I need a home inspection as well?

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Boston Appraisal

MAY 17, 2023

The person who appraises the property, the appraiser, physically inspects the property to measure it, take pictures of it, and make note of the condition and the quality of the construction. Oftentimes, appraisers face situations where a physical inspection alone may not provide all the relevant data required.

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Appraisal Hub

JULY 26, 2024

This is called property valuation. What Is Property Valuation? The appraiser inspects the property from top to bottom. Why Do You Need Property Valuation? Our Property Valuation Process Now that we understand why property valuation is essential, let’s examine how the process works.

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Housing Wire

AUGUST 3, 2023

Geoff Hinton, a professor at the University of Toronto, and two students, constructed a viable neural network. Which real estate functions can AI outperform humans I asked GPT-4 about real estate valuation. However, it was deemed as too challenging technologically so it languished. It re-emerged in the AI scene in October 2012.

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DW Slater Company

FEBRUARY 24, 2022

Some of the current new tools and technology that I am aware of that assist with Desktops and Hybrids are: RemoteVal- This tool is a free app from Incenter that allows the appraiser and homeowner to inspect, view, measure, and take pictures of a property remotely. InsideMaps – A tool that provides mapping, sketches, and tours of homes.

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Clear Capital

MARCH 4, 2022

A desktop appraisal , also known as an appraisal without an onsite inspection, is a faster way to complete an appraisal for a home loan. In traditional appraisals, an appraiser visits the property to complete an inspection to collect property data to assist in determining the home’s value. What is a desktop appraisal?

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D Fritz Appraisals

OCTOBER 11, 2022

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Home appraisals are not just for when someone is buying or selling a home for themselves however, they are also important for: New construction loans. Estate settlements.

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McKissock

FEBRUARY 4, 2022

The share of new construction homes on the market rises to a record high. Incenter Appraisal Management and McKissock Learning partner to host several desktop valuation training webinars. Incenter Appraisal Management and McKissock Learning partner to host several desktop valuation training webinars. Read the full report.

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Appraisal Buzz

JUNE 3, 2024

Thorough due diligence, including property inspections and assessments, and adequate cash reserves are crucial to identify and address potential concerns. Network and Expert Team: Build a team of real estate professionals, including real estate agents, property managers, and construction experts.

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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. Armed with a professional, private review of your commercial property’s worth will help ensure the most accurate valuation and subsequent tax rate. How do we determine the value of your property?

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Boston Appraisal

FEBRUARY 2, 2023

Appraisers are often tasked with providing valuations for properties that can be very different from one another. Everything from the number of bedrooms to the quality of the construction. However, in order to provide credible valuations, appraisers often have to find an objective basis for comparison.

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Boston Appraisal

FEBRUARY 2, 2023

Appraisers are often tasked with providing valuations for properties that can be very different from one another. Everything from the number of bedrooms to the quality of the construction. However, in order to provide credible valuations, appraisers often have to find an objective basis for comparison.

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The Robert Weiler Company

MAY 14, 2021

During the probate process, the valuation of the estate is performed at the time of death. A critical piece of the probate and estate valuation process determines the value of everything within the estate. This task is more straightforward when the real estate valuation is performed shortly within the time of passing.

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Raleigh Realty

FEBRUARY 19, 2022

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Does a Newly Constructed Home Need an Appraisal? Yes, even a newly constructed home needs an appraisal. Often new constructions don't have developed yards.

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Appraisal Today

NOVEMBER 1, 2024

As an appraiser, understanding the nuances of kitchens is essential to providing credible and insightful valuations. The ranch dates to the late 1800s, and its multiple properties include a 4,980-square-foot lakefront home with a waterside cabana, an under-construction 7,713-square-foot architect-designed residence and a number of cabins.

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Birmingham Appraisal

SEPTEMBER 15, 2022

You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection. As a new homeowner, you might be confused about the differences between an appraisal and a home inspection. Home inspections are normally regulated by the state.

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CP Home Appraisals

FEBRUARY 10, 2009

The following are excerpts from HUD Mortgagee Letter 2005-ML-48 regarding repair and inspection requirements. FHA Appraisal Tips.

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CP Home Appraisals

FEBRUARY 10, 2009

The following are excerpts from HUD Mortgagee Letter 2005-ML-48 regarding repair and inspection requirements. FHA Appraisal Tips.

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Appraisal Today

APRIL 12, 2024

Desktop Appraisals: Who, When, and Why Excerpts: The ability to identify property characteristics without a personal inspection is not a new concept. To read more, Click Here To see the listing with 40 photos Click Here = Can a New Construction Sale be Used as a Comp for an Older Home? baths, 14,450 sq.ft.,

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DW Slater Company

SEPTEMBER 13, 2022

Consult with DW Slater Company appraisers to get an accurate valuation for your home. DW Slater Company provides residential and commercial real estate appraisals, appraisal reviews, valuations, inspections, and construction draw inspections for North Texas. Consider Your Home Office Needs. 214-543-1653 or ?940-597-3533.

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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”. Wait a minute… read that again!!! Yes- you read it correctly- “Lender-provided”. How could this go wrong?

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McKissock

JANUARY 6, 2023

There are appraisal jobs available in the lending sector, such as staff appraisers, review appraisers, fee panel managers, and with experience and time on the job, chief appraiser and valuation compliance officer jobs can be found. They all handle land and building acquisitions and dispositions, as well as condemnation valuations.

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Appraisal Hub

FEBRUARY 15, 2024

Real estate appraisal, whether residential or commercial, is a critical component in the valuation of property assets. Physical Inspection: A thorough inspection of the property to assess its condition, quality of construction, and any features that may affect its value.

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Real Quantum

APRIL 13, 2021

No matter their level of expertise, appraisers always complete a valuation using one of three approaches: The cost approach, the sales comparison approach, or the income approach. In other words, you would not build a property if it was worth less than the cost to construct. The Cost Approach. Why Commercial Appraisals are Requested.

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D Fritz Appraisals

JUNE 28, 2022

Narcity, in its article ‘ Here’s what Canadian homebuyers can expect in the housing market over the next 5 years ’ says that supply is the biggest issue affecting the housing market, and this might not change any time soon thanks to high material costs and construction labour shortages. Contact us today to book an appraisal.

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DW Slater Company

FEBRUARY 24, 2022

Some of the current new tools and technology that I am aware of that assist with Desktops and Hybrids are: RemoteVal- This tool is a free app from Incenter that allows the appraiser and homeowner to inspect, view, measure, and take pictures of a property remotely. InsideMaps – A tool that provides mapping, sketches, and tours of homes.

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Inspection Tools Appraisal Technology 78

DW Slater Company

JUNE 1, 2022

DW Slater Company provides residential and commercial real estate appraisals, appraisal reviews, valuations, inspections, and construction draw inspections for North Texas. She created reallifehome.net to share all of the tips, advice, and resources that she has found most useful as she’s learned the ins and outs of DIY.

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McKissock

FEBRUARY 25, 2022

“I have a background in construction and have been a business owner in the construction industry.” I use the iPad to do inspections. ” Free download: Navigate smoothly through every appraisal assignment with The Valuation Process Road Map. I am doing all I can to cover all requests asap.”

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Appraisal Today

MARCH 15, 2024

Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. It is not hard to learn the valuation factors. I had niece who had several horses for many years where she lived.

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Appraisal Today

JANUARY 31, 2025

By Kevin Hecht Excerpts: When to Use the Cost Approach There are circumstances when its necessary to use the cost approach, for example, unique properties and new construction. Fannie Mae only accepts the sales comparison approach as its primary valuation tool. Valuation Profession Fact Sheet Effective 08/01/2023 Men 67.9%

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Boston Appraisal

DECEMBER 11, 2023

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers.

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Realvals

JUNE 18, 2023

Appraisers provide unbiased valuations that may help reduce any potential conflicts among beneficiaries. This independent valuation helps divide assets and avoid disputes in the divorce proceedings. Setting a Clear Transaction Record: A professional appraisal provides a clear and objective valuation of your property.

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McKissock

DECEMBER 28, 2021

The unprecedented buyer demand of 2021 will likely be suppressed to some extent due to affordability concerns in some markets, and more housing inventory will most likely be available from both the existing homes and new construction segments.”. These are expected to be significant and far-reaching.

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MN Real Estate Services

MARCH 21, 2017

“There are a lot of things you don’t know by not having somebody go out and inspect the property,” she said. While we support efforts to make it easier for small businesses to get loans, the valuations of small commercial properties is far more variable than the typical single family home.

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