D Fritz Appraisals

AUGUST 12, 2019

What’s the Difference Between a Home Inspection and a Home Appraisal? If you’re in the market for a new home, the terms “home appraisal” and “home inspection” are more than likely to come up at some point as you zero in on a property you want to buy. What Is a Home Appraisal? What Is a Home Inspection?

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Realvals

FEBRUARY 10, 2025

They must: Be licensed professionals Follow strict ethical guidelines Remain unbiased and objective Use standardized methods to determine the value Appraisers gather data from various sources. These include public records, MLS listings, and their own inspections/observations. Confidentiality is a key part of the appraisal process.

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Appraisal Buzz

APRIL 19, 2022

Appraisal management companies (AMC’s) and appraisers can receive ANSI-compliant 2D floor plans with GLA calculations and a complete 3D tour of the interior and exterior, including street view shots, within 24 hours. To learn more about Asteroom and its national desktop appraisal data collection service offering, click here.

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Housing Wire

OCTOBER 10, 2023

Property appraisal information Detailed outline or description of each property. These details are more relevant and appropriate in an appraisal. This gives your clients an option to review or scan the document and prepare questions if needed. CMA reports are simple and effective tools.

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East Coast Appraisal

AUGUST 22, 2023

You need to take some steps before and during the appraisal process to ensure that you get the most accurate and reliable valuation possible. Discover some tips on how to prepare for a commercial property appraisal. To have your property appraised, contact East Coast Appraisal Service.

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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. Manage business expenses. ” Keep up-to-date on industry trends.

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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. .

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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.

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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? Site plans. Rent rolls.

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Appraisal Hub

JANUARY 11, 2021

So if you are considering a commercial real estate appraisal in Toronto, be sure to have it done by an experienced property appraiser. You can’t go wrong with one of those established appraisal firms that have an extensive track record of providing their services to discerning commercial real estate owners.

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Appraisal Partners Blog

FEBRUARY 22, 2024

requires a careful review of all of the assets, and fairly evaluating the property becomes important to reaching a mutually agreeable conclusion. Come learn about the importance of equitable property evaluation and how assessments may be very helpful in navigating the difficult divorce process fairly and impartially.

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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.

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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. The Appraisal is Carried Out.

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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.

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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.

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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. Go to the Model Documents webpage. USDA (RD) Appraisals. ” “Desktop Appraisal Valuations.

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The Robert Weiler Company

JANUARY 7, 2021

If there’s a mortgage in place, the landlord or their lessor may request that the tenant provides documentation concerning the lease. This is where the tenant or landlord can document whether the other is in default regarding any obligations in the lease. Cooperation Respecting Mortgages. Estoppel Certificate. Entry by Landlord.

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Eppraisal

JULY 5, 2024

However, taking proactive steps can help retain or even increase the value of your property while preserving its indoor environment and structural integrity. Here, we will highlight the positive impact of your property appraisal.   If you have decided to sell your property, schedule mold inspection and remediation promptly.

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McKissock

AUGUST 21, 2020

It’s also a good idea to review the appraisal reporting requirements. USPAP STANDARD 2 clearly states the minimum content requirements for reporting a real property appraisal. A limited scope assignment may be a desktop-only appraisal. Upgrade your appraisal career with luxury home appraisals.

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Realvals

JUNE 18, 2023

By getting an appraisal, you can substantiate your claims and provide evidence to support your position. It’s not uncommon for property owners, insurance companies, or tax authorities to have contrasting opinions on the value of a property. An appraiser does not provide this information in the report.

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Appraisal Partners Blog

DECEMBER 27, 2019

Hiring someone to give you an independent appraisal will cost you upfront but is likely to save you longterm. A property appraiser will arrive at your home and inspect the house. . Ensure that all of your documents and photos have been photocopied before you submit anything. .

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Birmingham Appraisal

JUNE 21, 2023

Real estate agents, as trusted guides for their clients, must possess a good understanding of the factors that influence property appraisals. In this blog post, I’ll discuss key appraisal factors, and common challenges, and offer valuable insights for real estate agents to navigate the appraisal process effectively.

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Birmingham Appraisal

FEBRUARY 28, 2023

In this blog post, I will discuss some of the most common mistakes sellers should avoid during a real estate appraisal. Mistakes To Avoid 1) Failing to Prepare the Property One of the most common mistakes that sellers make is failing to prepare the property for the appraisal inspection.

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AmeriMac

MAY 30, 2024

Traditionally, appraisals required physical inspections of the property, where appraisers would visit the site to assess its condition and gather relevant data. This process is conducted entirely at the appraiser’s desk, hence the name “desktop appraisal.”

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AmeriMac

AUGUST 27, 2024

The underwriter looks at the risk of lending you a specific mortgage amount based on your creditworthiness and the property’s value. They ensure the loan meets the lender’s rules and check all needed financial documents to make a smart decision. This careful vetting process is key to deciding the terms of your mortgage loan.

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AmeriMac

JUNE 30, 2024

The process typically begins with the lender ordering the appraisal after the borrower’s offer has been accepted or when refinancing a mortgage. A licensed appraiser, who is an independent third party, conducts the appraisal. The appraiser thoroughly inspects the property, noting size, condition, and unique features.

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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.

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Appraisal Today

AUGUST 18, 2023

7 Must-Have Apps for Appraisers By: McKissock Excerpts: 1. Dragon Anywhere Dragon Anywhere is a dictation and speech-to-text app that allows you to create, edit, and share documents from your mobile device. Dragon is very well-liked among appraisal professionals, making it number one on our list of must-have apps for appraisers.

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Birmingham Appraisal

AUGUST 30, 2023

Inaccurate Property Information: Incorrect property information in public records can lead to inaccurate appraisals. Ensure that the appraiser has access to accurate data about your property. This is often done to save money, however, in the end, it can result in a less-than-accurate appraisal.

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AmeriMac

OCTOBER 30, 2023

The appraisal industry has undergone a significant transformation in recent years, with the emergence of alternate valuation products like the property inspection waiver program. Appraisers recognize their value and understand how they address specific eligibility requirements.

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Zillow

JULY 25, 2016

Get to know the property Every house, no matter if it's a 100-year-old Victorian or a modern marvel , should have some type of inspection before it's sold. Your contract should include a " contingency " for such an inspection, to protect you from unwittingly buying a money pit. This isn't good news.

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PennyMac

JUNE 28, 2022

From taxes, to inspection fees, to mortgage fees, you’ll need to make sure each party is paid to fully purchase your home. These are many of the fees that may be included in closing costs that you should be aware of as you prepare your closing documents: Application Fee. Lead-Based Paint Inspection. Courier Fee.

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AmeriMac

APRIL 30, 2024

These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area. The appraiser also collects data on recent sales of similar properties in the market area to establish a basis for comparison.

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Appraisal Today

JANUARY 20, 2023

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. An excellent way to get more appraisal business!

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AmeriMac

JANUARY 30, 2024

Third-party closing costs such as document preparation, wiring, title transfer, and recording fees may also be required. It’s essential to stay informed about HUD rules, as they directly affect the appraisal process under the HUD HECM program. How FHA changes influence your reverse mortgage appraisal?

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Appraisal Today

JUNE 17, 2022

Excerpt: We continue to see claims alleging that the rural property appraiser failed to adequately identify or report details surrounding a water source. In one claim, the appraiser correctly noted that the property was serviced by a “private water well.” No inspections or appraisals? All cash and investors.

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Appraisal Hub

JANUARY 21, 2025

Thats where an appraisal comes in. An appraiser is like a detective for real estate. They inspect the property and determine its value, giving you a clearer picture before signing your money away on the dotted line. But did you know there is more than residential appraisals? Dont know where to begin?

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