Birmingham Appraisal

MARCH 4, 2025

In fact, one of the biggest dangers is that widespread reliance on appraisal waivers is contributing to what some call “data cancer”a systemic problem that degrades the accuracy of real estate valuations over time. This could lead to price reductions, longer time on the market, or even losing a sale altogether.

Appraisal 63

Appraisal Valuation Home Value Market Value 63

D Fritz Appraisals

SEPTEMBER 19, 2019

Home Appraisals and Online Home Value Estimates Are NOT the Same Thing. On-site vs. Online: Proper Home Appraisals Need to be Done in Person. With so many types of transactions solely being handled online these days, it’s tempting to want to complete your required home appraisals entirely online and leave it at that.

Home Value 78

Home Value Appraisal Real Estate Agent Tools 78

Birmingham Appraisal

MAY 21, 2024

Strategies for Evaluating Home Value: What Buyers Need to Know When it comes to purchasing a home, understanding the various factors that affect its value is important. Evaluating home value is essential in this regard. Key Factors For Buyers to Consider 1.

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Home Value Architecture Renovations Real Estate 75

Clear Capital

JULY 27, 2023

Clear Capital’s ClearAVM , a nationwide automated valuation model (AVM) that provides accurate estimates of market value for millions of properties, has been integrated with BeSmartee’s Mortgage POS and HELOC product to provide users with value verification during the initial application and/or underwriting process on mortgage and home equity loans.

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Home Value Valuation Mortgage Real Estate 69

Birmingham Appraisal

JANUARY 29, 2025

Pending sales can help us see the direction a market is taking during times of rapid increases or decreases in prices. Using this information helps appraisers provide the most accurate and up-to-date valuation possible. Active listings help us to understand what other competing properties are listed for.

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Appraisal Appraisal Process Valuation Buyers 63

Housing Wire

AUGUST 3, 2023

Which real estate functions can AI outperform humans I asked GPT-4 about real estate valuation. However, GPT-4 concluded that while, “AI can enhance the process of real estate valuation, it may not completely replace human judgment. It first explained how it was better than human agents.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

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. Let’s explore how appraisals work!

Appraisal 158

Appraisal Appraisal Process Buyers Legal 158

DW Slater Company

FEBRUARY 23, 2023

Closely studying our markets is very crucial in understanding current market value for appraisers. Not every market is the same. The charts presented here are just overall trends for all single-family homes in each county. Each specific market is different. Until we have more inventory, prices will hold.

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Inventory Marketing Supply Chain Appraisal 133

D Fritz Appraisals

MARCH 16, 2021

Be Prepared for an Appraisal for a Positive Impact on Your Home’s Valuation. Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. You’ll be able to recover those costs in your home appraisal.

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Appraisal HOA Easement Valuation 132

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. What is a drive-by appraisal? Should you choose a drive-by appraisal?

Appraisal 101

Appraisal Real Estate Agent Valuation Inspection 101

D Fritz Appraisals

DECEMBER 16, 2022

Every year, BC Assessment creates property tax assessments for over 2 million homes in BC. These assessments provide a valuation of each property as of July 1 st in the previous year (So 2023 tax assessments are based on the value of homes on July 1 st, 2022). Size of home in square feet. Age of home.

Property Taxes 116

Property Taxes Valuation Appraisal Real Estate 116

Clear Capital

FEBRUARY 23, 2024

Shared equity programs are growing across the country, and lenders and appraisers should understand the nuances of these programs to ensure accurate valuations. A few things to watch out for: The contract price may be considerably below fair market value and should not influence the appraised value. What is shared equity?

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Valuation Market Value Contracts Appraisal 36

Realtor

DECEMBER 15, 2016

Homeowners may also need an appraisal when they refinance a home or take out a home equity loan (HELOC). If all goes well, the home’s appraised value will end up at the price you’d agreed to pay. Real estate appraisers are merely there to give an unbiased opinion about the home value.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

Homeowners may also need an appraisal when they refinance a home or take out a home equity loan (HELOC). If all goes well, the home’s appraised value will end up at the price you’d agreed to pay. Real estate appraisers are merely there to give an unbiased opinion about the home value.

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

D Fritz Appraisals

OCTOBER 11, 2022

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Valuation for insurance claims.

Appraisal 110

Appraisal Inspection Property Taxes Easement 110

Realtor

JANUARY 23, 2018

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral. It never did, said Ms.

Appraisal 78

Appraisal Real Estate Agent Valuation Real Estate 78

Realtor

JANUARY 23, 2018

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral. It never did, said Ms.

Appraisal 78

Appraisal Real Estate Agent Valuation Real Estate 78

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. Use the appraisal report to calculate your home's equity.

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Appraisal Home Value Appraisal Process Insurance 98

Eppraisal

OCTOBER 31, 2023

Knowing how to price your home correctly isn’t rocket science, but it’s still tricky.    Property Valuation Your home value is the primary determiner of your asking price. Then counterbalance the estimated price on those sites with the valuation seen on Eppraisal.com.

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

Raleigh Realty

FEBRUARY 19, 2022

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. Here's what you need to know about home appraisals so that you come prepared. What is a Home Appraisal? A home appraisal determines the fair market value of a home.

Appraisal Process 139

Appraisal Process Appraisal Construction Sellers 139

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. Let’s explore how appraisals work!

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

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. Let’s explore how appraisals work!

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property.

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Appraisal Real Estate Real Estate Agent Contracts 85

East Coast Appraisal

NOVEMBER 24, 2021

If you file for bankruptcy as a homeowner, one of your main concerns is likely the fate of your home. A home appraisal gives you a current and accurate home valuation and can help save your home. Learn more about the bankruptcy home appraisal and the critical role the process plays to protect your home.

Appraisal 52

Appraisal Valuation Home Value Real Estate 52

East Coast Appraisal

FEBRUARY 28, 2022

If you plan to refinance or sell your home, you should first determine its fair market value. Then, property appraisals are an opportunity for an appraiser to check your home's quality, condition, amenities, location, and other special features that affect its value.

Appraisal 52

Appraisal Renovations Home Value Construction 52

Lamacchia Realty

FEBRUARY 21, 2023

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. What exactly is a Zestimate?

Real Estate Agent 74

Real Estate Agent Real Estate Sellers Realtors 74

Birmingham Appraisal

MARCH 26, 2025

Similar school districts, especially in areas where schools significantly impact home values. Within a similar competitive market area (if no sales are available in the subject’s neighborhood or subdivision): ie, an area with similar quality, style, and price range of homes.

Agents 58

Agents Appraisal Reconsideration of Value Real Estate Agent 58

PennyMac

OCTOBER 10, 2023

For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property. They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

Appraisal Today

AUGUST 30, 2024

This technology accelerates the inspection process, allowing appraisers to focus their expertise on more nuanced aspects of the valuation where their experience and judgement are most critical. Again, I ask, does contract price equal market value? Two recent articles highlight the ongoing debate about appraisal accuracy.

Appraisal 85

Appraisal Contracts Architecture Mortgage 85

AmeriMac

JANUARY 30, 2024

Moreover, the reverse mortgage appraisal report, reflecting the current home value, significantly aids in the loan application process. An accurate appraisal report provides mortgage lenders with informed valuation insights, guiding them in the loan approval process.

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Appraisal Process Mortgage Appraisal Appraisal Mortgage 36

Will Springer Realtor

MARCH 7, 2023

Residential property is assessed each year at its full market value, which is defined as the amount a buyer, willing but not obligated to buy, would pay to a seller willing but not obligated to sell. For residential parcels, fair market value is generally determined by analyzing recent sales of comparable properties in the same area.

Property Taxes 36

Property Taxes Market Value Real Estate Government 36

Eppraisal

SEPTEMBER 18, 2021

Does Flood Zone Designation Affect Home Value? Yet this outlay does not stop the property value from diminishing. Some analysts estimate a decrease in home value as much as 7.3 Are There Ways to Boost Value in a Flood Zone? Improvements like these enhance market value and can save money in the long run.

Insurance 36

Insurance Design Home Value Valuation 36

Appraisal Today

AUGUST 30, 2024

Redfin Reports 6 of Every 7 People With Mortgages Have an Interest Rate Below 6% 110 Nightmarish Home Inspector Scenarios Mortgage applications increased 0.5 Again, I ask, does contract price equal market value? Further, should contract price be the metric by which appraisal values are measured? Available Sept.

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Appraisal Contracts Architecture Market Value 65

Appraisal Today

AUGUST 23, 2024

Billionaire Getty Heir Puts Extraordinary Greek Temple (Temple of Wings) on the Market for $5 Million Redfin Reports Investor Home Purchases Post Biggest Increase in Two Years The Biggest Home in Each State Objectionable Valuations Become Hate Speech, Inflating Home Prices Mortgage applications decreased 10.1

Appraisal 75

Appraisal Contracts Investors Property Appraisal 75

Eppraisal

SEPTEMBER 8, 2023

An AVM (Automated Valuation Model) is a computer-generated estimate of a property's value based on data such as recent sales in the area, public records, and local market trends. "Consumer grade" AVMs have been around for nearly 20 years, Eppraisal and Zillow's Zestimate being two of the first.

Real Estate Agent 36

Real Estate Agent Inspection Real Estate Agents 36

Appraisal Today

APRIL 14, 2023

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” It is one environment where residential appraisers are still valued. Worth reading.

Appraisal 52

Appraisal Bracketing Valuation Contracts 52

Cleveland Appraisal Blog

MAY 13, 2021

And right now, many buyers are forced to bring cash to the table to make up the difference between what the home’s market value is determined to be, and the contract price. It may still be worth it to the buyer to move forward, despite paying more than market value. . What is solid support for market value?

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Market Value Appraisal Contracts Buyers 299