McKissock

JANUARY 31, 2023

We don’t just pull numbers out of the air—they are market supported adjustments backed by ‘many angles’ of research.” ” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” “The definition of market value.”

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

Birmingham Appraisal

AUGUST 23, 2023

Understanding the Roles: Agents and Appraisers: Real estate agents bring their expertise in marketing and negotiations, while appraisers provide impartial and accurate property valuations. This can come in the form of a pre-listing appraisal to help establish a market-supported asking price for the seller.

Agents 91

Agents Appraisal Valuation Appraisal Process 91

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”. They also stated that it benefits consumers via greater accuracy, lower costs and increased speed. How could this go wrong?

Appraisal 57

Appraisal Final Inspection Modernization Inspection 57

Town & Country Residential Appraisals

SEPTEMBER 12, 2022

When a manufactured home is completed, it is inspected by a HUD certified inspector in the factory. You can verify that a manufactured home has been inspected by the metal tag which is placed on the outside indicating it meets the HUD code (one tag per section). This can severely inhibit the marketability for these types of properties.

Transportation 55

Transportation Final Inspection Inspection Construction 55

Zillow

JULY 15, 2019

American Society of Home Inspectors (ASHI) : A not-for-profit professional association that sets and promotes standards for property inspections and provides educational opportunities to its members. Buyers market : Market conditions that exist when homes for sale outnumber buyers.

Real Estate Agent 56

Real Estate Agent Inspection Insurance Sellers 56

Riverfront Appraisals

AUGUST 31, 2021

Welcome to the September edition of our blog series, The Loan Officer’s Guide to Appraisals. This entire year, I’ve been blogging once a month with the purpose of assisting loan officers to better understand the appraisal process. This month’s blog post will be all about new construction appraisals.

Construction 115

Construction Appraisal Appraisal Process Loan Officers 115

Appraisal Today

SEPTEMBER 13, 2024

My advice: Always check what plan and updates were actually built when doing final inspection. I always asked to see the final sales document data. I’m sure there will be increases, but no one knows how much for every market. In my market, with median prices over $1,000,000, I expect significant increases in volume.

Construction 79

Construction Appraisal Contracts Mortgage 79