Provide Legal Documents: An appraiser should have a preliminary title report and TDS for a FHA appraisal since FHA says the mortgagee MUST provide Sourced through Scoop.it from: sacramentoappraisalblog.com 10 things Appraisers are now being asked to do for FHA appraisals 1.) The Appraiser MUST… 2.) Observation vs. Inspection: The appraisal “inspection” is now called an “observation” instead of an “inspection”. 3.) Angled Photos 4.) Legal Nonconforming Zoning 5.) Provide Legal Documents: An appraiser should have a preliminary title report and TDS for a FHA appraisal since FHA says the mortgagee MUST provide “any other legal documents contained in the Read more
If you spent $50,000 on a 15 ft statue of Yoda in your front yard, do you think you’d get $50,000 back in value? A Star Wars fan might wet his pants and quickly offer a premium for the house,… Sourced through Scoop.it from: sacramentoappraisalblog.com 4 temptations to avoid when it comes to cost vs value in real estate by Ryan Lundquist, Sacramento Appraiser My Opinion: These annual Cost vs Benefit Studies, published by the Remodeler’s Association (not an independent study), are highly misleading and Appraisers aren’t asked about how much value a new bathroom contributes! Concentrate on interior updates, Read more
Top 4 Things a REALTOR Should Do Before The Appraiser Arrives. 1 Thing Not to Do During the Appraisal Observation Sourced through Scoop.it from: orangecountyappraiser.org Top 4 Things a Realtor Should Do Before The Appraiser Arrives. Top 1 Thing Not to Do During the Appraisal Observation My Appraiser friend and peer, Mark Buhler, in California blogs about preparing for the appraiser visit and observation!
Often client will ask for a property’s value. As a Realtor we are not license or trained to appraise real estate. This post explains the difference between Sourced through Scoop.it from: activerain.com What’s the Difference Between an Appraisal and a Comparable Market Analysis Written by a REALTOR…IMPORTANT CAUTIONARY COMMENTARY BY VETERAN APPRAISER CAUTION: The newer the Agent, the more caution or reliability of the CMA results could be in question! NOT “ALL” Agents are created equal and not “ALL” try to pull a fast MLS CMA without making adjustments. Some don’t know how to make adjustments, the type of adjustments Read more
http://www.batonrougeappraisers.com – Differences In Baton Rouge Home Appraisal versus Home Inspection Veteran Greater Baton Rouge Home Appraiser Bill Cobb e… Sourced through Scoop.it from: www.youtube.com Differences In Baton Rouge Home Appraisal versus Home Inspection Veteran Greater Baton Rouge Home Appraiser Bill Cobb explains the differences in Baton Rouge Home Appraisal versus Baton Rouge Home Inspection. A resource for locals in Greater Baton Rouge to help understand the real estate appraisal process and where it fits into their home valuation. Videos are by veteran Home Appraiser Bill Cobb and Accurate Valuations Group 225-293-1500 http://www.batonrougeappraisers.com/
Energy-Efficient Upgrades Might Be a Waste of Money Sourced through Scoop.it from: www.realtor.com Think Energy-Efficient Features Save You Money? Think Again, Study Says Energy-Efficient Upgrades Might Be a Waste of …unless you’re going to live in that home for the next 20+ years. Bottom Line is that it’s another personal preference choice by homeowner and that homeowner should not be making such decisions based on IF it adds value or not. In some cases it may or may not. ***BEWARE OF ANY salespersons if their sales pitch is adding this item will increase the value of your home! This goes for Read more
Would you pay $20,000 for a solar system if you knew it added $20,000 of instant home value? That’s exactly what a solar salesman told the client of a real estate friend. Is that legit though? What… Sourced through Scoop.it from: sacramentoappraisalblog.com Does a $20,000 solar system really add $20,000 in value in Baton Rouge? My Appraiser Friend, Ryan Lundquist, pens this post for the Sacramento CA area. But what about Greater Baton Rouge? I have recently covered this on my Ask Baton Rouge Home Appraiser Facebook Page https://www.facebook.com/askbatonrougehomeappraiser REALTOR Maria Thorn asks, “What’s your take on solar panels? Add Read more
What is the FHA rule for electrical outlets? Sourced through Scoop.it from: birminghamappraisalblog.com What is the FHA rule for electrical outlets? by my Appraiser Friend Tom Horn, SRA in Birmingham AL. What is the FHA rule for electrical outlets? FHA appraisals vary from conventional appraisals on various things related to the safety, soundness and security of the house. Some of the items that appraisers look at to determine whether they function or not can be easily inspected by the seller or real estate agent prior to […] Read more http://birminghamappraisalblog.com/appraisal/what-is-the-fha-rule-for-electrical-outlets/
If you are like most home sellers over the past year, this animated image accurately captures your reaction upon learning your home’s current market value Sourced through Scoop.it from: www.manausa.com That Face You Make When Your Realtor Gives You The Value Of Your Home…This is funny!
Featuring Greater Baton Rouge Home Appraiser Video Housing Market Updates For The Greater Baton Rouge Area (East and West Baton Rouge, Western Livingston and… Sourced through Scoop.it from: www.youtube.com House Appraisals Baton Rouge Accurate Valuations Group 225-293-1500 https://www.youtube.com/watch?v=9jEOrlsNzR4