AmeriMac

OCTOBER 28, 2024

Real Estate-Owned (REO) properties are distressed homes acquired by lenders after failed auctions. Different from traditional transactions, they are owned by financial institutions or government agencies like Freddie Mac or HUD. Unlike regular appraisals , REOs are often distressed properties sold “as is.”

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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. Typically, the government will notify you of their intent to acquire your property.

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AmeriMac

JANUARY 31, 2025

Unlike automated estimators, appraisals are conducted by licensed professionals using valuation models to provide an objective view. Appraisals are crucial for buyers, sellers, lenders, and government agencies in real estate transactions. First, collect important papers like property deeds and tax records.

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Clear Capital

MARCH 4, 2022

The mortgage industry is on its way to modernizing the appraisal process. In early February, Fannie Mae and Freddie Mac, the government-sponsored entities (GSEs), incorporated desktop appraisals into their Selling Guides beginning in March 2022. How to take advantage of desktop appraisals.

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The Robert Weiler Company

OCTOBER 21, 2022

We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser. Question 1: What is a commercial real estate appraisal? Question 5: Why are commercial property appraisals important?

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AmeriMac

JUNE 30, 2024

Appraisals are especially important for lenders, as they help reduce the risk of lending more money than the collateral property is worth. Understanding Home Appraisals in the Mortgage Process Now that we’ve seen how home appraisals work, let’s understand their role in the mortgage process.

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Clear Capital

JUNE 20, 2024

Words matter in real estate appraisals The scrutiny surrounding word choice within appraisals has reached an all-time high. With the release of the Property Appraisal and Valuation Equity (PAVE) report, government agencies, lenders, GSEs, and appraiser regulatory bodies are providing more guidance and oversight on this topic.

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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. A certified appraiser can provide an opinion of value for office buildings.

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AmeriMac

MARCH 18, 2021

Improvements and renovations in the past few years. An appraisal usually varies between $200 to $600 , whereas an appraisal’s national average cost is $335. On the other hand, the appraisal fee for larger properties varies between $500 to $800 and, in some cases, even higher. Condition of the house.

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AmeriMac

MARCH 18, 2021

Improvements and renovations in the past few years. An appraisal usually varies between $200 to $600 , whereas an appraisal’s national average cost is $335. On the other hand, the appraisal fee for larger properties varies between $500 to $800 and, in some cases, even higher. Condition of the house.

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Appraisal Property Taxes Buyers Sellers 36

Assurance Financial

NOVEMBER 28, 2023

You can also borrow strategically against your equity by taking out home equity loans — to perform renovations, say, and boost the eventual resale value of your home. A mortgage loan is a type of loan that is used to purchase a property, such as a home or a piece of land. How Does a Mortgage Loan Work?

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AmeriMac

MARCH 18, 2021

Improvements and renovations in the past few years. An appraisal usually varies between $200 to $600 , whereas an appraisal’s national average cost is $335. On the other hand, the appraisal fee for larger properties varies between $500 to $800 and, in some cases, even higher. Condition of the house.

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Appraisal Property Taxes Buyers Sellers 28

AmeriMac

JANUARY 19, 2021

You can locate these in your city or county government office. Can I Craft my Appraisal? If your previous appraisal was unsatisfactory, you may, with the help of a realtor, craft your unofficial appraisal. In this, you should find homes similar to your property and focus on putting the differences in the limelight.

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