Housing Wire

JUNE 7, 2024

Here are my top do’s and don’ts for finding listing referrals through your sphere: Do: Educate your sphere about how to refer business to you. Meet the fire department for the smoke inspection. That same agent who referred you the lower priced listing may recommend other agents in the office do the same. Put the lockbox on.

Real Estate 468

Real Estate Open Houses Agents Sellers 468

Appraisal Buzz

DECEMBER 13, 2021

I have also been actively involved with the Collateral Risk Network for over a decade and am a recipient of the Valuation Visionary Award in 2013. . Within the real estate and the valuation industry, supply chain components impacted by shortages include housing – the construction of, the buying and selling of, and the financing of. .

Supply Chain 363

Supply Chain Construction Appraisal Real Estate 363

Housing Wire

AUGUST 3, 2023

Creating new content, whether in the form of text, photos, videos or computer code, is referred to as generative AI. Which real estate functions can AI outperform humans I asked GPT-4 about real estate valuation. The time frame between the early adopters and early majority is a critical gap referred to as the “chasm.”

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Appraisal Buzz

AUGUST 12, 2024

For years, we have referred to our appraisal reports as “forms,” but they have always been appraisal “reports.” There will be many more data elements related to the inspection. Using a mobile device for inspections will be a must in the future. We can learn from this beautiful prose.

Appraisal 370

Appraisal Inspection Lending Training 370

Genworth MI Blog

AUGUST 31, 2022

Enact’s David Foster recently spoke with MortgageOrb about how the COVID-19 pandemic impacted inspections and appraisals, the changes we see today, and other appraisal factors to consider. Q: How have inspections and appraisals been impacted since the beginning of the COVID-19 pandemic?

Inspection 78

Inspection Appraisal Marketing Appraisal Process 78

DW Slater Company

FEBRUARY 24, 2022

Here is a good reference from FNMA & Freddie Mac: URAR Hybrid and Desktop Appraisal Forms. INvision Capture – This tool from Class Valuation provides a floor plan and sketch to ANSI standards. Homeview Inspection Tool- This tool from Valuelink provides an inspection tool to view a property and take photos.

Inspection 154

Inspection Tools Appraisal Technology 154

The Robert Weiler Company

MAY 14, 2021

The following guide walks readers through all the definitional terms involved in the estate planning and real estate appraisal process (also referred to as an appraisal for estate planning purposes) and how best to prepare when, eventually, we will all boldly leave this Earth. How Are Real Estate Appraisals Related to Estate Planning?

Real Estate 133

Real Estate Appraisal Legal Valuation 133

Cleveland Appraisal Blog

JANUARY 21, 2021

Before I go on, I should also make clear the type of cracks I am referring to. So, we will call for an qualified professional to inspect the situation to see what, if anything, needs to be done. I’ve seen cracks of all different shapes and sizes. I should make it clear that I am not a crack expert. Settlement cracks!

Appraisal 235

Appraisal Inspection Real Estate Market Value 235

The Robert Weiler Company

APRIL 12, 2023

With recent headlines focused on politics, protests, and international disputes, Ohio commercial property owners may have overlooked or forgotten that a statewide property tax reassessment (also referred to as a reappraisal) is underway. What guarantees will they have that their commercial property has been assessed fairly and accurately?

Property Appraisal 148

Property Appraisal Property Taxes Valuation Real Estate 148

Realvals

OCTOBER 27, 2017

There’s no interior inspection , no exterior inspection, and no measuring. Desktop appraisal vs desktop valuation. You may be wondering now what the difference is between a desktop appraisal and a desktop valuation. A desktop valuation refers to the process of performing a desktop appraisal.

Appraisal 78

Appraisal Inspection Valuation Investors 78

Padove Appraisal Service

JANUARY 11, 2019

Most attempts to remove the appraisal requirement have included use of an automated valuation model (AVM). In short, any reliable valuation of a home requires the expertise of a local appraiser. Without a home appraisal waiver, FNMA and FHMLC retain the right to require lenders to purchase back a loan when valuation issues arise.

Appraisal 78

Appraisal Inspection Valuation Buyers 78

Genworth MI Blog

AUGUST 15, 2019

When you hear automated appraisal, that refers to a computer doing the valuation without an appraiser. In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation. What does that mean?

Appraisal Tips 78

Appraisal Tips Appraisal Property Inspector Training 78

Genworth MI Blog

AUGUST 15, 2019

When you hear automated appraisal, that refers to a computer doing the valuation without an appraiser. In addition to the automated appraisal, we’re starting to see moves toward a hybrid appraisal process called bifurcation , meaning that a computer and a person complete the valuation. What does that mean?

Appraisal Tips 78

Appraisal Tips Appraisal Property Inspector Training 78

Boston Appraisal

FEBRUARY 2, 2023

Appraisers are often tasked with providing valuations for properties that can be very different from one another. However, in order to provide credible valuations, appraisers often have to find an objective basis for comparison. From one house to the next, things can and often do change.

Inspection 78

Inspection Law Appraisal Real Estate Agent 78

Boston Appraisal

FEBRUARY 2, 2023

Appraisers are often tasked with providing valuations for properties that can be very different from one another. However, in order to provide credible valuations, appraisers often have to find an objective basis for comparison. From one house to the next, things can and often do change.

Inspection 78

Inspection Law Appraisal Real Estate Agent 78

McKissock

FEBRUARY 4, 2022

Incenter Appraisal Management and McKissock Learning partner to host several desktop valuation training webinars. “ For reference, the market hit the $10 trillion mark in 1994, the $20 trillion mark in 2004, and $30 trillion in July 2017.” Class Valuation continues its acquisition spree. Read the full story.

Construction 52

Construction Housing Market Appraisal Training 52

Dart Appraisal

APRIL 9, 2021

Whether the subject property is land or an existing residential structure, the appraisal concept of HBU determination becomes crucial in this type of valuation. The answer to that question is referred to as the HBU of the property. However, every property and location are subject to different factors that need to be considered.

Valuation 68

Valuation Legal Clients Appraisal 68

McKissock

AUGUST 30, 2022

When you’re contacted by a new client, ask for references. If you’re uncomfortable about asking for references, research them yourself. Of course, for most residential mortgage lending assignments, appraisers are not permitted to accept payment from the borrower at the time of inspection. Check out potential new clients.

Appraisal 81

Appraisal Clients Inspection Lending 81

Walitt Solutions

MARCH 29, 2020

Walitt Solutions encourages appraisers, firms, vendor management companies, lenders, and other interested parties to continue to monitor changes and resources in the valuation industry related to the COVID-19 novel Coronavirus and impacts of the national emergency. ” “Desktop Appraisal Valuations. World Health Organization.

Inspection 53

Inspection Appraisal Valuation Training 53

Genworth MI Blog

JULY 13, 2023

There is an on-site visual inspection of the property and a suggestion of improvements followed by the research, analysis and development that produces the appraisal report. Thus, the parties conducting each part of the appraisal, inspection vs. research, are completed by two different people instead of one.

Appraisal 78

Appraisal Inspection HOA Real Estate 78

DW Slater Company

FEBRUARY 24, 2022

Here is a good reference from FNMA & Freddie Mac: URAR Hybrid and Desktop Appraisal Forms. INvision Capture – This tool from Class Valuation provides a floor plan and sketch to ANSI standards. Homeview Inspection Tool- This tool from Valuelink provides an inspection tool to view a property and take photos.

Inspection 78

Inspection Tools Appraisal Technology 78

Appraisal Today

JANUARY 31, 2025

Fannie Mae only accepts the sales comparison approach as its primary valuation tool. Keep it as a reference for the future when you may need to use the Cost Approach. Valuation Profession Fact Sheet Effective 08/01/2023 Men 67.9% The cost approach can also be used to support the sales comparison approach. Asian 1.8%

Appraisal 63

Appraisal Contracts Real Estate Insurance 63

Boston Appraisal

DECEMBER 11, 2023

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Easement 78

Appraisal Today

MARCH 15, 2024

Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. It is not hard to learn the valuation factors. I had niece who had several horses for many years where she lived.

Appraisal 71

Appraisal Inspection Modernization Business 71

DataMaster

FEBRUARY 3, 2021

The RFI contains 4 components: The Uniform Appraisal Dataset (UAD) and the design of appraisal forms Automated Valuation Models (AVMs) and appraisal waivers Valuation differences by borrower and neighborhood ethnic makeup Appraisal modernization. The use of a non-appraiser to inspect a property can be concerning for some.

Appraisal Process 78

Appraisal Process Appraisal Modernization Training 78

Raleigh Realty

MARCH 23, 2021

Although there are real estate valuation sites available that can help provide an estimate on what your home may be worth, the only way to get an accurate list price is to spend extensive time doing a comparative analysis of other homes that have sold in your area. Contingent or pending in real estate can mean a number of different things.

Real Estate Agent 133

Real Estate Agent Real Estate Realtors Contracts 133

Property Metrics

AUGUST 13, 2020

Macroeconomic risk refers to how broad, national level economic activity impacts property cash flows and valuation. These factors also cause property valuation to increase. These factors all result in lower property valuations. Space market risk refers to the probability that those expectations are incorrect.

Real Estate 53

Real Estate Tenants Investing Construction 53

Appraisal Today

OCTOBER 6, 2023

All Advisory Opinions, Frequently Asked Questions and the recently launched Reference Manual will now be part of a standalone publication called the 2024 USPAP Guidance and Reference Manual. You can also purchase a linked digital version of the eUSPAP and Guidance and Reference Manual and get seamless access across both documents.

Appraisal 80

Appraisal Contracts Real Estate Mortgage 80

Aedis Appraisals

JANUARY 12, 2018

Valuation of vacant lots and land. Commercial entity valuations. Tax disputes and valuations. Adjustments to past valuations. This is why a professional inspection and impartial analysis is so vital nowadays; an appraisal provides a precise outlook for the intrinsic value of a given structure or lot.

Real Estate 36

Real Estate Appraisal Valuation Legal 36

The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. Note: A commercial property valuation is considered the equivalent of an appraisal, and the words are sometimes used interchangeably. You may need a commercial valuation for many reasons.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Walitt Solutions

JULY 28, 2019

My talk focused on Property Inspections, which – to an outsider – might seem to be a straight-forward topic. However, given current changes in the valuation space, nothing is further from the truth: valuation, specifically the collection of data that supports a valuation method, has never been one-size-fits-all.

Appraisal 28

Appraisal Inspection Valuation Lending 28

Appraisal Today

AUGUST 18, 2023

. == 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. No more flipping back and forth between pages.

Appraisal 77

Appraisal Contracts Inspection Real Estate 77

AmeriMac

JANUARY 28, 2021

On the other hand, a seller will also want an accurate valuation when selling the house. First and foremost, you must understand the difference between a home inspection and an appraisal. The appraiser may inspect your house and look for reference points to compare your house with similar properties. It entails; 1.

Appraisal 36

Appraisal Inspection Market Value Buyers 36

AmeriMac

JANUARY 28, 2021

On the other hand, a seller will also want an accurate valuation when selling the house. First and foremost, you must understand the difference between a home inspection and an appraisal. The appraiser may inspect your house and look for reference points to compare your house with similar properties. It entails; 1.

Appraisal 36

Appraisal Inspection Market Value Buyers 36

Appraisal Today

NOVEMBER 4, 2022

Our office updates AMCs on every scheduling attempt with details, every inspection appointment set and completion, and any materials needed ASAP in the assignment. Appraisers tend to get annoyed with constant emails from the AMC about inspection date, completion, report submission, etc. Property inspection date. Effective date.

Reconsideration of Value 52

Reconsideration of Value Appraisal Inspection Advertising 52

AmeriMac

JANUARY 15, 2024

The home appraisal process involves a thorough inspection of the property, analysis of market conditions, and the creation of a comprehensive appraisal report. The appraisal report provides an accurate valuation of the property, which is crucial for both buyers and sellers in real estate transactions. What Does a Home Appraiser Do?

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

Appraisal Today

OCTOBER 11, 2024

The good news for valuation professionals is they have lots of experience spotting data points that don’t jibe with what they know. This demonstrates the issue of uncertainty and “relative reference.” Another way to say this is that they have common sense. It’s a basic requirement for doing the work. Heaslet: The simple answer is “no.”

Appraisal 76

Appraisal Insurance Contracts Valuation 76