McKissock

JANUARY 14, 2022

The standard appraisal report’s definition of market value refers to “typical buyers,” most of whom would become acutely aware of such odors right at the door, and when it’s significant will either walk away or discount their offering price. Free Download: Ready to launch your appraisal career?

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Appraisal Today

SEPTEMBER 22, 2023

I am working on an article on Hybrid Appraisals for the November issue of Appraisal Today. To me, the big issue is who is doing the inspections. Only appraisers do the appraisals. Most of the inspection training we receive as appraisers happens in the field. Inspection training was very good.

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Birmingham Appraisal

FEBRUARY 28, 2023

In this blog post, I will discuss some of the most common mistakes sellers should avoid during a real estate appraisal. Mistakes To Avoid 1) Failing to Prepare the Property One of the most common mistakes that sellers make is failing to prepare the property for the appraisal inspection.

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Appraisal Today

MARCH 15, 2024

Defining rural properties – USDA and GSEs Challenges of appraising rural properties Appraising rural properties presents unique challenges due to their diverse characteristics and market dynamics. Transaction costs are added to every property transaction. Answer: No.

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Assurance Financial

APRIL 29, 2021

The first number refers to the length of the introductory period, while the second is how often the rate can adjust. During an appraisal, a professional will evaluate your home’s condition, how much similar homes have sold for recently and the overall market to determine the value of your home. Home Inspection. Base Rate.

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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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Appraisal Today

JANUARY 31, 2025

If you only do GSE appraisals, you probably dont use the Cost Approach very often, except for new construction. Keep it as a reference for the future when you may need to use the Cost Approach. Since appraisers spend a lot of time driving, getting in an auto accident is a much higher risk than for people working in an office.

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Appraisal Today

AUGUST 18, 2023

Be sure to put in a comment requesting it. == The Future of Property Appraisal: Unveiling the UAD Redesign and New URAR By: McKissock August 15, 2023 At the recent Valuation Expo conference in Las Vegas, Heather Sullivan (Aloft), Ken Defeo (Fannie Mae), and Sean Murphy (Freddie Mac) provided a peek at some of the upcoming changes.

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Walitt Solutions

SEPTEMBER 5, 2019

The issue related to a client’s request for a 1004D form: I received a request from a lender client to complete the 1004D Update Appraisal. I did the original appraisal four months ago. If you refer to it as a “new assignment”, they might assume you mean. I can complete the 1004D Update Appraisal.

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Appraisal Today

NOVEMBER 17, 2023

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference.

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Appraisal Today

OCTOBER 11, 2024

This demonstrates the issue of uncertainty and “relative reference.” Some negative outcomes may include: Limitation of investigative property inspection, work scope, anomalies, and interaction with the lender client when unique situations arise. Which is ‘average’ for this nice neighborhood.)

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AmeriMac

APRIL 30, 2024

These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area. This report serves as a reference for buyers, sellers, lenders, and investors to make informed decisions regarding the property.

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Appraisal Today

NOVEMBER 20, 2022

Failures to personally inspect and photograph comparables. So, it’s pretty safe to state that the “appraiser shortage” of yesteryear is over, and reviewers now have more time on their hands. Excerpts: Disciplinary complaints against appraisers are becoming more and more common. What’s happening now. To read more, click here.

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Appraisal Today

APRIL 28, 2023

First: How do appraisers value any amenity of a property? Appraisal 101 would suggest the matched pairs analysis. So our first task is to find a property with solar panels that’s similar to the subject. To read more, click here My comments: All appraisers are asked to do the “tough ones.

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D Fritz Appraisals

OCTOBER 22, 2019

Looking for a Home Appraisal Company in Victoria, BC? In any of these situations, a property appraisal company can help, and it will be up to you to hire the right company for the job. So, when it’s up to you, how do you know what property appraisal company to hire? Are new schools and hospitals being built nearby?

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Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. Non-traditional appraisals to the rescue. Both GSEs argue that these approaches advance equity.

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Clear Capital

JANUARY 5, 2023

Unfortunately, they also resulted in a disproportionate benefit to white families and furthered neighborhood segregation under policies referred to as redlining. “The appraiser profession needs greater diversity, allowing those involved in the process to reflect the diverse communities they serve.” Technological advances.

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