Remove Download Remove Inspection Remove Market Value
article thumbnail

Is A Cubicasa Scan an Inspection?

Cleveland Appraisal Blog

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. ”). .”

article thumbnail

How to prepare a comparative market analysis (CMA) report

Housing Wire

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. For example, if one of the sold comps had an additional parking space, you’ll want to adjust its sold price down based on the local market value of a parking space.

Marketing 375
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Desktop and Drive-by Appraisals: Protecting Against Interior Photograph Fraud

Genworth MI Blog

Recently, Desktop and Drive-by appraisals (no interior inspection by the appraiser) temporarily replaced some interior inspection appraisals as a necessary response to health risks and quarantine orders related to the COVID-19 pandemic. Download interior pictures from the internet depicting a better house.

article thumbnail

Desktop and Drive-by Appraisals: Protecting Against Interior Photograph Fraud

Genworth MI Blog

Recently, Desktop and Drive-by appraisals (no interior inspection by the appraiser) temporarily replaced some interior inspection appraisals as a necessary response to health risks and quarantine orders related to the COVID-19 pandemic. Download interior pictures from the internet depicting a better house.

article thumbnail

Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

.” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” Appraisers do not assign value “Appraisers do not dictate a home’s value, the market does.” ” “That we research value, we do not assign it.”

article thumbnail

What’s that Smell Worth? Insights from a Seasoned Appraiser

McKissock

The standard appraisal report’s definition of market value refers to “typical buyers,” most of whom would become acutely aware of such odors right at the door, and when it’s significant will either walk away or discount their offering price. Free Download: Ready to launch your appraisal career?

article thumbnail

Mortgage Term Glossary

Assurance Financial

Fair Market Value. Fair market value is how much your home is likely to sell for if you put it on the market. The fair market value might be the same as appraised value, but it might also be higher. Home Inspection. The inspection can make the buyer aware of potential issues in a home.