August, 2019

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Should Home Sellers Get an Appraisal Before Listing? Here’s Why It’ll Cost You

Realtor

William_Potter/iStock Even if you’re new to this whole selling-a-house thing, chances are good you’ve heard of a home appraisal. And if you know just a little about the process, you know that the appraisal—a value put on your home by an objective third-party expert—can make or break your home sale. So with so much riding on this step of the home-selling process, you might be wondering: What does it hurt to go ahead and get an appraisal before you list?

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Home Inspections vs Home Appraisals

D Fritz Appraisals

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. Upon acceptance of your offer, the next steps are usually: home inspection – a voluntary third-party service ordered by the buyer, and. home appraisal – an often mandatory step the buyer’s lender insists on.

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Is Rent Control Making a Comeback in Boston?

Boston Appraisal

Boston’s real estate market is booming. This spring, sale prices for condominiums and single-family homes in the city reached all-time highs while its median rent is among the highest in the country. Unsurprisingly, both long-time and would-be residents are being priced out of the city. As a result, some affected parties are already pushing for the reintroduction of rent control — Massachusetts outlawed this policy statewide in 1994, but the housing crisis has encouraged revisiting this practice

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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

Perhaps you’ve heard the murmurs about an automated appraisal. There are big changes coming to appraisals, and they’ll have a huge impact on how the mortgage industry does business. Today, we’re breaking down some of the new developments in appraisals, what they mean for your business, and tips to help you prepare. I keep hearing about the automated appraisal.

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Common Questions Agents Ask The Appraiser

CM Appraisals

By Tom Horn on Aug 15, 2019 07:49 am ​Confused About Appraisals? Check Out These 11 Common Questions Agents Ask The Appraiser ​This week I thought I would take a look at some of the questions I get asked by real estate agents. I hope that the answers that I have included here will help other agents as well. If you have a question that is not here please let me know and I would be glad to answer it for you.

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Far Southwest—Neighborhood Analysis of Single-Family Residential Homes (August 2019)

Portland Appraisal Blog

The Far Southwest neighborhood is just that—far southwest! It represents one of the periphery neighborhoods of the City of Portland. The neighborhood is largely dominated by the Portland Community College Sylvania Campus. The campus was opened in 1968 and has approximately 28,000 students enrolled each year. Appraisers endeavor to take the measure of a neighborhood with a variety of tables, charts, and graphs.

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Don't Believe These 5 Myths About Real Estate Agents

Zillow

Buyers and sellers often enter the market with misconceptions about real estate agents - how they work, how the process works and what the agency relationship is all about. It’s helpful to point out, without getting too far into the weeds, that in any one real estate transaction, there are most likely two agents: one for the buyer and one for the seller.

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Is Rent Control Making a Comeback in Boston?

Boston Appraisal

Boston’s real estate market is booming. This spring, sale prices for condominiums and single-family homes in the city reached all-time highs while its median rent is among the highest in the country. Unsurprisingly, both long-time and would-be residents are being priced out of the city. As a result, some affected parties are already pushing for the reintroduction of rent control — Massachusetts outlawed this policy statewide in 1994, but the housing crisis has encouraged revisiting this practice

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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

Perhaps you’ve heard the murmurs about an automated appraisal. There are big changes coming to appraisals, and they’ll have a huge impact on how the mortgage industry does business. Today, we’re breaking down some of the new developments in appraisals, what they mean for your business, and tips to help you prepare. I keep hearing about the automated appraisal.

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Something is happening?

K.W. Appraisals

Will the 10-year treasury yield fall to ZERO by the end of the year? You never know. just remember.there is over 14 trillion dollars in bonds with negative interest rates. The last time interest rates were at a negative yield was. N E V E R! 6000 years of recorded human history all the way back to the ancient Sumerians and there has never been negative yielding financial instruments!!!

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Lake Oswego—Neighborhood Analysis of Waterfront Single-Family Residential Homes (July 2019)

Portland Appraisal Blog

Oswego Lake is a scenic and picturesque former channel of the Tualatin River. It is a natural feature, but has been enlarged due to a dam to its present size of ~395 acres. Many homes rim the lake as well as the smaller bays connected to it. Some of the properties surrounding Oswego Lake are among the more expensive in the Greater Portland Area. Appraisers endeavor to take the measure of a neighborhood with a variety of tables, charts, and graphs.

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Surviving the Appraisal | Preparing For A Successful Real Estate Transaction

Lifestyle Properties of Maine

One of the most nerve wracking parts of a real estate transaction can be the appraisal process for both buyers and sellers. What is an appraisal? Why is an appraisal necessary? How much does it cost? What if the home doesn’t appraise for the contract value? There are many questions and concerns surrounding real estate appraisals, and rightfully so, but there are several things to know and things that can be done to prepare for a successful and low stress appraisal experience.