Baton Rouge Real Estate Appraisal
How Do Baton Rouge Appraisers Use Regression Analysis To Support Adjustments?
This article covers regression analysis in real estate appraising. Sourced through Scoop.it from: dwslaterco.blogspot.com What is regression analysis and how do Appraisers use it to help better view their market and support adjustments? – Best Detailed visual explanation I’ve read about regression by Texas appraisal group. DW Slater blog offers many helpful explanations of the […]
Pre Contract Price Home Appraisals Baton Rouge
http://www.gbrprelistingappraisals.com – Pre Contract Price Home Appraisals in Baton Rouge, Denham Springs, Zachary Louisiana, Walker Louisiana, City of Central Baton Rouge, Praireville Louisiana, Gonzales Louisiana, Geismar Louisiana, Baker Louisiana. HELPING BATON ROUGEONS UNDERSTAND HOW THE BATON ROUGE HOUSING MARKET WORKS By Bill Cobb, Greater Baton Rouge’s Home Appraiser 225.293.1500 Selling Your Greater Baton Rouge Home […]
Are you a cross your fingers type of Baton Rouge REALTOR when it comes to appraisals ?
Do you cross your fingers in hopes that the appraisal doesn’t come in low? My Appraiser Friend and Collegue, Tom Horn SRA in Birmingham AL offers on supporting your listing price. If you’re a listing agent, and the title of this blog describes the way you prepare for real estate appraisals on your listings, then […]
Baton Rouge Pre-Purchase Cash Sale Appraisals Explained Video
Pre-Purchase Home Appraisals For Cash Sale In Baton Rouge Explained This involves the homebuyer paying cash and obtaining a pre purchase home appraisal, pre-purchase home appraisal or cash sale home appraisal to determine if they’re paying a fair price and if the physical information presented by REALTOR is correct or not. Physical information can be […]
Does one-mile radius of comps in appraisals still apply
Does one-mile radius of comps in appraisals still apply in 2016? Sourced through Scoop.it from: activerain.com Does one-mile radius of comps in appraisals still apply in 2016? ANSWER: I would strongly recommend watching Fannie Mae’s CU video on comp selection. I’ve attempted to provide actual Fannie Mae references to help answer this concern. http://activerain.com/blogsview/4811305/does-one-mile-radius-of-comps-in-appraisals-still-apply-in-2016-
Seeing the forest and the trees in real estate, look at more than 12 months of data
Seeing the forest and the trees in real estate Sourced through Scoop.it from: sacramentoappraisalblog.com Seeing the forest and the trees in real estate by Ryan Lundquist. Look at more than 12 months of data My comment: Great Point, Ryan! Yesterday, I was completing a SMART Appraiser history graph of median sales price showing +7.8% gain over […]
Baton Rouge Appraiser Frustration Computers Questioning
Fannie Mae CU or Collateral Underwriter can be frustrating to Home Appraisers when their computer models try to second guess Appraiser’s judgment. Now computer models tell Appraisers the comps they should use instead of Appraiser Judgment For example, this past week, I performed a foreclosure purchase on a home obviously needing some repairs and on […]
Baton Rouge Appraiser USDA Rural Development Appraisal
USDA or Rural Development Home Appraisal Requirement follow the most current FHA appraisal requirements. In 2015, FHA increased appraisal standards and requirements for a house to qualify for FHA financing. Assuming the house actually meets each of these standards below, these are the new comments I’ve added to my Baton Rouge USDA Home Appraisal Reports […]
Baton Rouge FHA Appraiser New Report Commentary 2015
In 2015, FHA increased appraisal standards and requirements for a house to qualify for FHA financing. Assuming the house actually meets each of these standards below, these are the new comments I’ve added to my Baton Rouge FHA Home Appraisal Reports . As with any home purchase, new house or exiting house, I highly recommend a […]
4 REALTOR® Tips To Help Your Deals Appraise
There’s been HVCC, now Dodd-Frank, now TRID and Third Party this and Third Party that – AMCs (Appraisal Management Companies) to help create buffers in business between REALTORS® so those that service deals don’t become too cozy. My interpretation of Dodd-Frank law was that it was meant to right the wrongs of HVCC – to […]
Baton Rouge Appraiser Responds: Subjective Views can kill a home sale
Recently, the Washington Post and Ken Harney published, “Appraiser’s subjective view can kill a deal despite accord by buyer and seller”, see link at bottom. In this article, it talks about recent studies of adjustments to comparable sales used in appraisals and categorizes adjustments into two camps: objective and subjective. Dictionary definitions tend to lump […]
Lakepark Garden Homes Baton Rouge Be Careful of Pricing
I recently completed a Baton Rouge refinance home appraisal in Lakepark Garden Homes. Lakepark Garden Homes was developed in 1985 with some homes built, stalled building due to U.S. economic meltdown and resumed new homes in approximately 1992-1994. Homes range from 874sf to 2,373 sq. ft. average size 1357sf. The following is my report on […]
Baton Rouge REALTORS writing contracts unrealistic dates?
Are Baton Rouge REALTORS writing purchase agreements with unrealistic closing dates (too soon)? First, let me say if you can close in 30 days, I’m all for it! I’m not here to poopoo on your parade! My purpose is to remind you that NAR itself is telling REALTORS because of TRID, to relax your closing […]
10 things appraisers are now being asked to do for FHA appraisals
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 […]
4 temptations to avoid in cost vs value in Baton Rouge Real Estate
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 […]
What’s the Difference Between an Appraisal and a Comparable Market Analysis Written by a REALTOR…IMPORTANT CAUTIONARY COMMENTARY BY VETERAN APPRAISER
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 […]
Differences In Baton Rouge Home Appraisal versus Home Inspection – YouTube
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 […]
Energy-Efficient Upgrades Might Be a Waste of Money
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 […]
Does a $20,000 solar system really add $20,000 in value in Baton Rouge?
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? […]
What is the FHA rule for electrical outlets?
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 […]