McKissock

MARCH 24, 2022

On March 23, 2022, the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE) released a report entitled “Action Plan to Advance Property Appraisal and Valuation Equity.” Pages 5 and 6 of the report set forth 21 recommendations, termed “Agency Actions to Advance Valuation Equity.”

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The Robert Weiler Company

APRIL 20, 2021

Have you watched shows such as Shark Tank or The Profit and wondered how Kevin O’Leary or Marcus Lemonis calculate business valuation? That’s why we surveyed our business valuation experts, captured the 12 most frequently asked questions, and provided answers that can offer the guidance you need. So, how are businesses valued?

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Valuation Business Buyers Market Value 147

Appraisal Buzz

JANUARY 24, 2022

I hold an SRA and AI-RRS, I am an AQB Certified USPAP Instructor, and I also provide valuation, education, and compliance services to various types of clients. We believe that RemoteVal will give appraisers the tools to keep control of the inspection, maintain maximum integrity, and hold that ground.

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Cleveland Appraisal Blog

JULY 6, 2022

The 2021-2022 edition of USPAP defines a “Personal Inspection” of a property being appraised as follows: “A physical observation performed to assist in identifying relevant property characteristics in a valuation service.” It took me hours to measure the improvements on the property.

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Appraisal Buzz

FEBRUARY 21, 2022

In 2019, Australian bank customers experienced a massive industry-wide data breach that was tied directly to a property valuation firm, potentially impacting anyone who had home appraisals conducted by the company between 2015 and 2018. When these breaches do happen, they can be alarming to say the least.

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The Robert Weiler Company

SEPTEMBER 30, 2020

An appraisal review is a second opinion or added insurance for the transaction to ensure the purchase price history, comps, adjustments, and disclaimers are accurate. Essentially, the commercial appraisal reviewer must confirm the report is acceptable, meets standards, and the appraiser had no interest in the property appraised.

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East Coast Appraisal

AUGUST 22, 2023

However, getting an appraisal is not as simple as calling an appraiser and scheduling a visit. 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.

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Clear Capital

MARCH 4, 2022

Appraisers take photos, measure for square footage, evaluate the property’s condition, and use various public data sources to develop an opinion of value. . With a desktop valuation, appraisers use extensive data gathered by third parties and public records in place of a physical inspection to complete the appraisal.

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AmeriMac

JUNE 15, 2024

Key Highlights Real estate investment properties require accurate appraisals to determine their market value and potential return on investment. The appraisal process involves various valuation methods such as the sales comparison approach, income approach, and cost approach.

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Clear Capital

MAY 24, 2022

Using an Automated Valuation Model (AVM) for real estate valuations isn’t new in the mortgage industry. Each year, technology plays more of a role in valuing homes for property appraisals , loan originations, secondary market investments, and even portfolio monitoring. What is an AVM in Real Estate ? .

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D Fritz Appraisals

SEPTEMBER 19, 2019

An online home value estimator is a website or online tool that gives you a rough idea of what your home is worth, based on things like its address, square footage, lot size, and age. There are several competing websites and online platforms and tools offering home value estimators or home value estimating services.

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McKissock

JANUARY 4, 2022

However, these are the general guidelines you’ll need to follow to meet the Appraisal Qualifications Board (AQB) criteria. Real estate appraiser qualification criteria. Hours required include specific curriculum courses and hours — please see the Real Property Appraiser Qualification Criteria for details.

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AmeriMac

SEPTEMBER 17, 2024

Alternate valuation products are new tools for determining the market value of residential properties. Unlike regular appraisal methods, which mainly consider recent sales data and the property’s features, these products use more data points and different analytical techniques.

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McCarthy Appraisal Blog

OCTOBER 4, 2018

Homeowner Valuation Appraisals. Whether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal from McCarthy Appraisal Services can help you make a better educated decision when determining your selling price. Today’s market can be challenging.

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McKissock

FEBRUARY 13, 2023

Meet the presenters James Heaslet Serving as the Chief Appraiser for the Veterans Affairs (VA) Loan Guaranty Service since 2018, James is responsible for developing and overseeing policies and regulations for the VA Construction and Valuation department.

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Appraisal Partners Blog

JANUARY 6, 2025

At the heart of every successful investment strategy lies the crucial element of accurate property valuation, which is where professional appraisals become indispensable. The appraisal process provides a clear and objective perspective on the value of a property, separating the reality from perceived potential.

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AmeriMac

AUGUST 15, 2024

A property appraisal determines the value of that property in the current market. Real estate agents use special tools and databases for detailed appraisals. Real estate agents use special tools and databases for detailed appraisals. They share appraisal reports safely through HTTPS portals or emails.

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McKissock

DECEMBER 28, 2021

Traut notes that the Federal Housing Finance Agency (FHFA) announced in late October 2021 at the Mortgage Banker Association’s annual conference that banks and mortgage lenders will be able to use desktop appraisals in place of traditional appraisals for qualifying Fannie Mae or Freddie Mac backed mortgages.

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Boston Appraisal

JULY 6, 2023

Property disputes can come in many forms: from squabbles between neighbors about boundary lines to legal battles in a divorce proceeding over shared assets. In these situations, a property appraisal can be an indispensable tool in the lawyer’s arsenal.

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Real Quantum

NOVEMBER 24, 2020

Have good moral character; Be a Certified General Real Property Appraiser (or meet equivalency). Hold bachelor’s degree or higher (or be a Certified General Real Property Appraiser). Invest in Tools and Processes that Increase Productivity and Quality. Sign up for a demo today.

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McKissock

AUGUST 4, 2022

Disciplinary complaints are a hot topic these days with appraisers. From accusations of bias or discrimination to failure to disclose significant real property appraisal assistance, complaints against appraisers are becoming more and more common. A : Anytime is a good time to improve your competency as an appraiser.

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Clear Capital

MARCH 30, 2022

Enhanced program designed to accelerate adoption of modern appraisal solutions by lenders. Clear Capital ® , a national real estate valuation technology company, has announced the launch of Desktop Appraisal and Desktop Data Collection , two products designed to further modernize and increase certainty in the appraisal process.

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Realvals

JUNE 18, 2023

An appraisal can assist you in determining the value of real estate, personal items, and business interests. Appraisers provide unbiased valuations that may help reduce any potential conflicts among beneficiaries. This can help your attorney make informed decisions during property division negotiations.

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Appraisal Property Taxes Real Estate Market Value 145

McKissock

FEBRUARY 13, 2023

Meet the presenters James Heaslet Serving as the Chief Appraiser for the Veterans Affairs (VA) Loan Guaranty Service since 2018, James is responsible for developing and overseeing policies and regulations for the VA Construction and Valuation department.

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McCarthy Appraisal Blog

SEPTEMBER 4, 2018

You may need the services of a licensed appraiser if you are selling your home yourself or if you want to know the value of your home for refinancing purposes. Prepare a short list of appraisers using the search tools at the Appraisal Institute, the American Society of Appraisers and the Appraisal Subcommittee.

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AmeriMac

MAY 30, 2024

However, with advancements in technology and the availability of comprehensive property data, a new appraisal method called desktop appraisal has emerged, offering an alternative to the physical inspection of the property.

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Appraisal Today

OCTOBER 11, 2024

The Limits of AI: When the intelligence is artificial, common sense is a superpower By John Russell Excerpts: At some point, all of us will integrate AI tools into our business practices. The good news for valuation professionals is they have lots of experience spotting data points that don’t jibe with what they know.

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AmeriMac

NOVEMBER 30, 2024

The Importance of Accurate Property Valuations Property appraisals are crucial when buying or selling a home. Accurate property appraisals are essential for making sound financial decisions in New Albany’s real estate market. By managing appraisals, they reduce delays and aid both buyers and sellers.

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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. The report serves as an official document that provides an objective assessment of the property’s market value.

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McKissock

AUGUST 13, 2021

For a typical “as-is” Market Value assignment with a straightforward contract with no contingencies or conditions, there is probably nothing that an appraiser actually needs to see. If a property appraises for $200,000 for a refinance, then it is still a $200,000 property for a sale transaction.

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Contracts Appraisal Market Value Real Estate 64

AmeriMac

NOVEMBER 30, 2023

In this blog, we will take you through everything you need about commercial real estate appraisal, from defining the term and understanding its importance to exploring the different types of commercial properties that are appraised. A certified appraiser can provide an opinion of value for office buildings.

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AmeriMac

JANUARY 19, 2021

Can You Change the Appraiser’s opinion? The appraisal itself is essentially your appraiser’s valuation opinion. If you tell the appraiser they’re wrong, you won’t get a positive response. Instead, what you can do is search for new and unique data the appraiser may have missed.

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Appraisal Today

AUGUST 18, 2023

Genius Scan This app gets a lot of love from appraisers. This tool is excellent for making copies of tax records, floor plans, etc. How will this affect your appraisal reports if you work in the affected areas? Genius Scan makes it easy to scan, upload, and share documents using your mobile devices. Or hit the reply button.

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Appraisal Contracts Inspection Real Estate 75

AmeriMac

JANUARY 30, 2024

The condition of the property has a direct impact on loan approval and interest rates, making it crucial to determine its overall state. An accurate appraisal report provides mortgage lenders with informed valuation insights, guiding them in the loan approval process. How FHA changes influence your reverse mortgage appraisal?

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Housing Wire

MAY 27, 2022

There is no single silver bullet that will rectify the pernicious impact of bias in residential real estate valuations — it is a complex problem that requires a multifaceted solution. First, we must acknowledge the impact that appraisal bias continues to have on minority homeowners and the broader housing system.

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Appraisal Hub

MARCH 27, 2024

The Role of Commercial Real Estate Appraisal A commercial real estate appraisal is a comprehensive evaluation conducted by certified appraisers to determine the value of a property. In Toronto, where the commercial property market is both dynamic and competitive, obtaining an accurate appraisal is essential.

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Clear Capital

JUNE 21, 2022

When Freddie Mac published the study, “ Discovery of Racial and Ethnic Valuation Gaps In Home Purchase Appraisals ” in late 2021, its conclusion, “that Black and Latino applicants receive lower appraisal values than the contract price more often than White applicants,” sent shockwaves through the mortgage industry.

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