Housing Wire

APRIL 8, 2021

Consider an appraisal gap: Adding an appraisal gap to your offer tells the seller that even if the property appraises for less than the purchase price in the contract, you are committing a preset dollar amount to making up the shortfall. In high-demand areas, escalation clauses should be considered.

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Housing Wire

JULY 11, 2024

The efficiency and reliability of property appraisals are the linchpin to the success of a steady flow of mortgage transactions. Opteon, a leader in the appraisal and property valuation industry, utilizes their tech-enabled service fulfillment to streamline and enhance the appraisal process.

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Housing Wire

AUGUST 31, 2023

What is property data collection? The key to either solution being effective is property data collection. Property data collection consists of a complete interior and exterior inspection of the subject property. The original appraisal waiver solutions were launched in August 2017.

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McKissock

JULY 20, 2021

Appraisers often balk at assignments that require a more detailed inspection of the subject property (e.g., FHA appraisal assignments ) because they don’t want to be considered a “home inspector.” You were hired to complete an appraisal. Can an appraisal inspection substitute a home inspection?

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Housing Wire

MARCH 3, 2021

In a statement , the Appraisal Foundation’s Appraisal Standards Board Chair Wayne Miller said “pressing issues” have arisen in appraisals over the past year, ranging from concerns about fair housing matters to how to conduct a socially distanced property inspection in the midst of COVID-19.

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D Fritz Appraisals

AUGUST 12, 2019

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. What Is a Home Appraisal? What Is a Home Inspection?

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Housing Wire

JULY 22, 2024

Well established and effective quality control programs contribute to community stability by promoting responsible lending practices and ensuring the accuracy of the data obtained through the property appraisal process.

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Appraisal Buzz

AUGUST 19, 2022

What are the essential tools and equipment to bring along when completing an on-site appraisal inspection ? Recently we asked our social media communities on Facebook and Twitter , “What’s ONE thing every property appraiser should always keep in their car?”

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Housing Wire

APRIL 13, 2021

Jay Garrett, a loan officer at Supreme Lending ’s McClellan Branch in Austin, said he is seeing 10 to 40 offers on houses no matter where they are in Austin, and cash offers are winning the day because sellers don’t want to have to worry about the house appraising too low for someone who needs financing. “If

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Housing Wire

DECEMBER 6, 2021

Moreover, the Austin’s had a white friend pose as the property’s owner. This friend, “placed some of her own family photos, depicting her white family” around the house “prior to the inspection.”. The new appraiser valued the home at $1.482 million – 49% more than Miller’s valuation.

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McKissock

NOVEMBER 19, 2021

Top reasons why people choose an appraisal career include income potential, opportunity for flexible hours, and diverse career paths. Keep reading for insights on the appraisal profession, how to become a property appraiser, and, finally, how to maintain your license and grow your career. Call 800.328.2008.

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Appraisal Hub

OCTOBER 12, 2021

A property appraisal is also known as real estate appraisal and it can help you learn your property’s real market value in Toronto. The company will assign an appropriate property appraiser to take care of the commercial or residential appraisals depending on your requirements. For commercial loans.

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Housing Wire

JANUARY 14, 2022

Cignarale noted signs of cooling off, including some properties appraising for lower than expected and once desperate buyers no longer waiving home inspections.

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Appraiserblogs

AUGUST 12, 2021

The current administration is addressing the lack of diversity in housing valuation head-on with the formation of an interagency task force on Property Appraisal and Valuation Equity (PAVE). USPAP Doesn’t Require An Inspection So Why Is It Trying To Determine What An Inspection Is 30 Years Later?

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Appraisal Buzz

APRIL 19, 2022

Appraisal management companies (AMC’s) and appraisers can receive ANSI-compliant 2D floor plans with GLA calculations and a complete 3D tour of the interior and exterior, including street view shots, within 24 hours. To learn more about Asteroom and its national desktop appraisal data collection service offering, click here.

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Walitt Solutions

MAY 17, 2024

“Personal inspection” might mean many things to the ordinary “man on the street.” ” But to an appraiser, users of appraisal services, and regulatory agencies in the valuation space, “personal inspection” takes on a very specific meaning. exploring the inside of buildings).

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McKissock

DECEMBER 7, 2021

Whether you’re a new appraiser or a seasoned appraiser looking to grow your income, you probably want to know, “What appraisal competencies do I need to master in order to maximize my success?” Key appraisal competencies. Manage business expenses. ” Keep up-to-date on industry trends.

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Realtor

DECEMBER 4, 2019

An appraiser’s job is to determine the current value of a property for the potential buyer. Most of the work to determine the value of a real estate appraisal is done during an on-site inspection , where the appraiser will: Conduct a room-by-room walk-through to appraise the condition of the interior.

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Housing Wire

OCTOBER 10, 2023

Property appraisal information Detailed outline or description of each property. These details are more relevant and appropriate in an appraisal. It allows agents and their clients to compare similar properties relevant to their analysis. CMA reports are simple and effective tools.

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Marketing Real Estate Agent Clients Tools 435

East Coast Appraisal

OCTOBER 13, 2022

Read on to understand how you may divide properties during a divorce and if you will need a property appraisal. Understand How You May Divide Properties During a Divorce. Whichever method of property division you choose, you'll need to know the property's value and ensure a fair division.

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East Coast Appraisal

AUGUST 22, 2023

You need to take some steps before and during the appraisal process to ensure that you get the most accurate and reliable valuation possible. Discover some tips on how to prepare for a commercial property appraisal. To have your property appraised, contact East Coast Appraisal Service.

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East Coast Appraisal

JULY 7, 2022

property appraisal is essential in the real estate industry. It aids in determining the property's market value, ensuring the buyer can acquire it at a fair price. This blog will discuss specific errors that may impact the valuation process and which should be avoided during property appraisal. .

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Premier Home Appraisal Blog

AUGUST 11, 2024

Premier Home Appraisals is hosting an information-packed interactive training session for the Winchester/Shenandoah Valley market that brings the nuts and bolts of residential property appraisal right to your fingertips. All things appraisal property inspection. What counts as a bedroom?

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The Robert Weiler Company

APRIL 12, 2023

Thanks to the passage of a 2017 law, the State’s property reassessments are based on drone footage, taken from about 400 feet in the air. While this helps expedite the process, the lack of on-the-ground property inspection leaves some Ohio residents nervous. And, how can property owners potentially challenge new property values?

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Premier Home Appraisal Blog

MAY 17, 2023

Let our experienced certified Virginia appraisal experts be the premier source of home appraisal knowledge for your market. Matt and his team have been invited to host an information-packed interactive training session that brings the nuts and bolts of residential property appraisal right to your fingertips.

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Aedis Appraisals

APRIL 25, 2018

However, you may also want to consider having your property appraised independently. An appraisal is defined as an inspection that gives an estimate of a property’s value. Lender-based Inspections. A real estate appraisal in Vancouver , when done for lending reasons, must be done on an individual basis.

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Appraisal Hub

JANUARY 6, 2021

It is best to turn to one of the reputable and established appraisal firms in Toronto to hire a professional property appraiser. It is important for property appraisers to be certified in what they do. Keep in mind that an appraisal must be unbiased and a professional opinion of your home’s value.

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Aedis Appraisals

JUNE 13, 2017

So, if you happen to be interested in getting a real estate appraisal in Toronto , for instance, feel free to use this article as an introductory guide to understanding the ins and outs of the modern appraisal process. What Is an Appraisal and When Do I Need One? Home Appraisal and Home Inspection Differences.

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Appraisal Hub

OCTOBER 16, 2020

Lenders will typically require you to do a home appraisal when applying for a loan, whether you are refinancing your mortgage or in the market to buy a house. You will have to work with a property appraiser who is ideally from one of the top appraisal firms in Toronto. Who conducts the appraisal and why?

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Appraisal Hub

MARCH 5, 2021

If speed is an important factor for your next commercial property transaction, then you need a property appraiser that works fast. But even the most efficient appraisal firms can’t do their jobs if clients don’t provide the information they need. What happens during an appraisal?

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Chicagoland Appraisal Blog

FEBRUARY 28, 2018

The best course of action would be to adress any and all repairs to a home prior to an inspection. Providing real estate appraisal services since 1999 with an array of experience in property appraisals that includes Divorce, Estate, Bankruptcy, Tax Appeals, Pre-Listings, Pre-Purchase, FSBO and more.

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Appraisal Tips Appraisal Property Appraisal Inspection 78

AmeriMac

OCTOBER 28, 2024

Understanding these distinctions is crucial for accurately evaluating the value of REO properties compared to conventional real estate assets. The Appraisal Challenges for REO Properties Appraising REO properties presents special challenges for real estate experts.

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AmeriMac

JULY 1, 2021

A property appraisal is a process of estimating the value of real estate. Appraisals are almost always used in purchase and sale transactions, where they are used to determine if a home’s price is appropriate for its location, condition and features. It is important to note that an appraisal is not a commodity in itself.

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Boston Appraisal

OCTOBER 27, 2023

In order to ensure a fair and equitable distribution of assets, it is essential to obtain a professional, and accurate property appraisal in a divorce case. Why Property Appraisals are Important in Divorce Cases A property appraisal is an objective and unbiased estimate of the market value of a property, on a given date.

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McKissock

MARCH 17, 2023

As an experienced appraiser, there are many reasons you may decide to take on a trainee. property inspections), or prepare for retirement. Whatever the reason, supervisors play an essential role in the training and development of future appraisers. You might be looking to grow your business, delegate tasks (e.g.,

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McKissock

MAY 18, 2021

The scope of work must disclose the extent the property was inspected. USPAP states that appraisal reports for real property must contain a signed certification indicating whether the appraiser has or has not personally inspected the subject property. Property inspection disclaimer.

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Realtor

JUNE 29, 2020

After all, your home serves as the loan’s collateral, meaning that if you stop paying your mortgage, your lender can foreclose on your property, take it over, and then sell the place to recoup its losses. With an appraisal waiver, however, also known as a property inspection waiver, the loan is underwritten without hiring an appraiser.

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