Appraisal Buzz

JANUARY 3, 2025

Metro Area* Zillow Home Value Index (ZHVI) ZHVI Change, Year over Year (YoY) Share of Listings Sold Over Asking Price (October) Inventory Change Since Before the Pandemic New Listings Change Since Before the Pandemic Median Days to Pending U.S. metro regions. 27.8% -26.3% -13.5% 28 New York $680,934 7.0% 51.3% -54.6% -35.4%

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Housing Wire

OCTOBER 18, 2022

More advanced AVMs provide these lenders with new options, particularly for low loan-to-value (LTV) clients and HELOCs. Using AVMs in conjunction with a property condition or inspection report will yield highly accurate LTV ratios that further improve decisioning and mitigate risk.

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Valuation Home Value Technology Lending 321

Housing Wire

DECEMBER 6, 2024

How about that pest control service you used for your clients termite inspection? Show how much youre in the know by being the one sharing local community events and information. Is a new restaurant coming to town? Be the first to let everyone in your network know about it. Maybe you can turn your experience into a small business spotlight.

Real Estate 397

Real Estate Clients Tools Sellers 397

Cleveland Appraisal Blog

AUGUST 6, 2021

A home may not pass the smell test in person. WAIVING HOME INSPECTIONS. Recently, I was visiting with a home inspector. He said this year has been extremely slow for him because people are waiving home inspections to get a competitive edge on other buyers, bidding on the same home. Is this wise?

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Buyers Property Taxes Inspection Market Value 243

Housing Wire

APRIL 13, 2021

year-over-year increase in home values. Rapidly accelerating home prices come with a variety of challenges for lenders and real estate agents, including one of the biggest pain points right now — the appraisal gap. “If you ask for a rush job, they say they can’t do rushes right now because they have so much in the pipeline.”.

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Housing Market Buyers Marketing Real Estate Agent 535

Appraisal Buzz

MAY 6, 2024

And in some condominium markets in Florida, home values are taking a hit as insurance premiums skyrocket. Couple that with the new Florida regulation requiring HOAs to maintain reserve funds for future expenses related to maintenance and inspections, and it’s no surprise that HOA dues are soaring.

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HOA Insurance Legal Fees Valuation 370

Housing Wire

MARCH 31, 2021

As work-from-home becomes more of a national norm, prospective homebuyers are seeking better home values in small towns that still offer a lot of amenities. One of those is Bay City, Michigan — a town of approximately 33,000 90 minutes outside of Lansing — that’s one of the 25 hottest MSAs in the country.

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Buyers Investors Realtors Agents 418

Eppraisal

OCTOBER 26, 2021

Some are waiving appraisals and others are even offering to waive inspection contingencies. Inspection Contingencies Defined When buyers and sellers agree on all the terms of a real estate contract, it is signed and delivered to all parties. Some buyers like to have the roofs inspected by roofing companies.

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Inspection Buyers Real Estate Agent Contracts 69

Birmingham Appraisal

MARCH 4, 2025

Heres why: When a traditional appraisal is waived, the lender determines the homes value using automated valuation models ( AVMs ) instead of an appraisers independent analysis. The lender’s valuation may aid them in the underwriting of the loan but it may not accurately reflect the market value of the home.

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Appraisal Valuation Home Value Market Value 63

Eppraisal

DECEMBER 2, 2022

While in the process of purchasing a home, you are going to want to have a home inspection performed. It's a security blanket of sorts for you to be sure there aren't safety hazards and major defects in the home. There are quite a few professional home inspection companies in most markets.

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Inspection Technology Tools Home Value 69

D Fritz Appraisals

JANUARY 29, 2025

House Appraisal vs BC Assessment: How They Impact Your Homes Value Understanding the difference between residential home appraisals vs BC assessments. These two commonly misunderstood yet crucial home evaluation tools, help to navigate the complexities of the real estate market in British Columbia.

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Appraisal Valuation Property Taxes Inspection 78

Eppraisal

APRIL 14, 2023

" Solar energy systems save money on electric bills and improve home values. Getting permits and inspections is also getting easier and less expensive for consumers. Another Value Going Solar Adds Besides saving money, solar energy systems offer energy-efficiency and help save the earth.

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Home Value Government Inspection Technology 69

Eppraisal

AUGUST 19, 2022

Home buyers almost always have a professional home inspection performed by a licensed inspection company when they purchase a home. However, it is not a bad idea for sellers to have a home inspection, or pre-listing home inspection, performed as well.

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Inspection Sellers Advertising Home Value 68

Appraisal Buzz

MAY 31, 2021

A husband and wife requested a bank appraisal to refinance their Jacksonville, Florida home. Only the wife was at home to greet the appraiser when they arrived to inspect her home. When the couple received the final appraisal report of their home’s value, they were shocked! The answer….

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Valuation Appraisal Real Estate Insurance 370

Housing Wire

JUNE 30, 2021

Home values have increased over the past several months and consumers are realizing there is more equity in their homes than anticipated. This realization has increased demand for wholesale lenders and brokers as borrowers look to refinance, cash-out refinance or otherwise take advantage of the equity in their homes.

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Valuation Client Relationships Inspection Clients 202

East Coast Appraisal

MAY 24, 2023

While trying to buy a home, you may have found out that some lenders require their borrowers to have an appraisal and/or an inspection completed. Some lenders may only require an appraisal and leave the decision about an inspection up to you. During a home inspection, it is not required that the buyer or seller be present.

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Inspection Appraisal Sellers Buyers 52

Birmingham Appraisal

FEBRUARY 11, 2025

Square Footage: Why Accuracy Matters Square footage is one of the most critical factors in determining a homes value, yet it is often misunderstood. When an appraiser measures a home, their calculation often differs from whats in tax records.

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Appraisal Real Estate Agent Real Estate Agents 68

Housing Wire

APRIL 27, 2023

“Invitation Homes is currently the largest owner of single-family, rental homes in the United States, with most of its homes located in California, Florida, Georgia, Texas and other Sun Belt states,” the federal lawsuit states. “In billion [due to increased home values]. “…The

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Renovations Investing Real Estate Marketing 390

Listing Spark

JANUARY 5, 2025

The buyers inspector will be looking through every nook and cranny so its a good idea to knock out any issues likely to show up on an inspection. Evaluate the condition of the home : Consider the age, condition, and overall appeal of the home. Or better yet, hire a handyman to do it right.

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Sellers HOA Real Estate Agent Contracts 69

Eppraisal

DECEMBER 27, 2022

If so, you'll need to be aware of how the weather can affect your home inspection as there may be a few challenges. You'll want to make sure you are purchasing a home that is free of major defects and safety hazards, as a solid and safe home will help to maintain your future home value.

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Inspection Home Value Real Estate Agent Real Estate 36

Housing Wire

DECEMBER 18, 2024

Foreign language translation dictionaries are permitted for English as a Second Language candidates and will be inspected by staff. What is the average value of Florida homes? The average Florida home value is $388,454, according to data acquired by Zillow in January of 2024. Electronic ones are not recommended.

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Real Estate Real Estate Agent Agents Business 392

Housing Wire

AUGUST 3, 2023

This data includes comparative home sales and market trend, be unbiased, use machine learning to predict home values from historic trends and identify complex patterns like changing crime rates or school overcrowding and continuously monitor the market in real-time. It first explained how it was better than human agents.

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Real Estate Agent Real Estate Agents Tools 370

Lamacchia Realty

MARCH 19, 2025

Assess the Damage and Get Repair Estimates A home inspection will help you understand the extent of the damage. Once the inspection is complete, get estimates for repairs. Many buyers prefer move-in-ready homes. Making Repairs : Fixing major problems can increase the homes value and attract more buyers.

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Transportation Logistics Inspection Real Estate Agent 37

Birmingham Appraisal

JANUARY 29, 2025

If you’ve ever purchased a home or refinanced your mortgage you’ve most likely had to get your home appraised. On the surface it looks like the appraiser visits your home, does some measuring, and looks around. Feel free to reach out with any appraisal-related questions or to schedule an appraisal today.

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Appraisal Appraisal Process Valuation Buyers 63

Eppraisal

OCTOBER 28, 2021

Homes with no known defects also have higher home values. Sellers are also required to provide the buyers with an EPA pamphlet called "Protect Your Family From Lead in Your Home.". The inspection contingency calls for a certain number of days in which the buyers can have these inspections performed.

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Inspection Sellers Contracts Buyers 36

D Fritz Appraisals

OCTOBER 11, 2022

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer.

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Appraisal Inspection Property Taxes Easement 110

Chicagoland Appraisal Blog

MAY 13, 2021

Naturally, even if you choose not to sell your house, you certainly want to maintain your investment and ensure that your home value doesn’t drop. Here, we’ll explore everything you need to know about home appraisals and how to maximize the value of your house. . What’s in a Home’s Value?

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Appraisal Renovations Home Value Real Estate 88

Eppraisal

JUNE 21, 2024

The specter of moisture damage should be a top concern, especially when selling a house, for it can negatively affect home values. Book qualified professionals for regular inspections to spot roofing, siding and foundation problems early and get them fixed promptly.

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Home Value Inspection Buyers Marketing 74

Eppraisal

JANUARY 12, 2024

In this guide, we'll explore the importance of spring maintenance and prioritize tasks that contribute to enhancing your home's value. Roof Checkup Your roof is your home's first line of defense. Inspect for loose or damaged shingles or tiles and address any leaks promptly.

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Home Value Inspection Modernization Buyers 36

Eppraisal

SEPTEMBER 28, 2022

Home values are not expected to go down, however, they are not going to continue going up at the double-digit rates they have been. Buyers will begin to have some say in their concerns about the homes they purchase. Be sure to get the HVAC system checked out by a professional during your inspection.

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Buyers Inspection Home Value Sellers 68

Realtor

FEBRUARY 18, 2025

While drive-by appraisals provide a quick and cost-effective way to estimate a homes value, they are not designed to replace traditional appraisals entirely. Instead, they are best suited for low-risk situations like refinancing or home equity loans. Fairness : By focusing primarily on objective data (e.g.,

Appraisal 101

Appraisal Real Estate Agent Valuation Inspection 101

Premier Home Appraisal Blog

MAY 30, 2023

According to the Homeowners Protection Act (HPA), you can request PMI cancellation once you reach 20% equity in your home and have paid off 20% of your original loan amount, either through mortgage payments or an increase in your home's value. The real estate appraiser will come to your home and conduct an inspection.

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Appraisal Home Value Appraisal Process Insurance 98

Listing Spark

JANUARY 5, 2025

To avoid confusion, its essential for sellers to disclose any known defects or issues with the property and for buyers to conduct thorough inspections before making an offer. How the as-is clause in the Texas law can be confusing The as-is clause on a standard Texas TREC contract can be confusing for some home-sellers.

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Inspection Sellers Real Estate Agent Contracts 36

DataMaster

APRIL 6, 2021

Because of that, he didn’t understand why his home didn’t appraise for higher than his neighbors’ homes. The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. The Appraisal Report.

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Appraisal Appraisal Process Buyers Legal 158

Houston Properties

JULY 22, 2022

Home Value Of My House: Tips for Pricing Your Houston Home. Asking yourself, "What is the home value of my house in Houston"? Use this Houston home valuation tool from HoustonProperties.com. Value Your Home. Planning to sell your home but overwhelmed with all the steps to take?

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Home Value Real Estate Agent Real Estate Realtors 36

D Fritz Appraisals

MARCH 16, 2021

Home inspection reports (current and previous). If you’re unsure about the difference between each, we have a helpful blog post on home inspections vs. home appraisals. Copies of any previous appraisals – this can help the appraiser see how the value has changed over the years.

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Appraisal HOA Easement Valuation 132

Realtor

MARCH 7, 2023

These loans have no home value limits at all, although they do have income limits. ” In some cases, experts advise it might be wise for a potential homebuyer to pay to have a home inspection done prior to the official appraisal. Many homebuyers may instead qualify for a USDA guaranteed loan through a lender.

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Inspection Appraisal Market Value Finance 111