Different Home Appraisal Types

home appraisal

With so much chatter out there about different kinds of home appraisals (especially since the pandemic has increased some of these appraisal types and decreased others), we thought we’d write something about the different home appraisal types and their pros and cons. While we’re not addressing appraisal waivers here, we’d like to point out that…

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How Appraisers Pick Comps

how-appraisers-choose-comps

Appraisers have to be really methodical about how they pick comparable properties, or comps, when they are doing home appraisals. There are extensive guidelines from Fannie Mae, Freddie Mac, and the FHA about what constitutes an appropriate comp for a home appraisal. Here’s a peek into how appraisers pick comps and how they affect a…

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The Difference Between Sales Price and Appraisal Value

Appraisal

You may wonder why a home’s sales price and appraisal value sometimes don’t match up. Whether you’re buying a home or selling a home, it’s important to know how they can differ, especially in today’s hot housing market. Home Sales Price The housing market is, of course, influenced by the fluctuations of supply and demand.…

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How COVID-19 Changed the Housing Industry Forever

How COVID-19 Changed the Housing Industry Forever

COVID-19 changed the housing industry in so many ways, from how buyers view potential homes to how loans close. While we all know the world will go back to “normal” at some point, some of these changes are going to be with us forever. The pandemic has required all of us to use technology to…

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2021 Housing Market Outlook

2021 Housing Market

Everyone’s excited that 2021 is finally here, and we can’t blame them! We’re excited for the new year, too. Even though 2020 was a bummer for so many reasons, the housing market was not one of them. In fact, it was a bright spot in the economy, and no one expects that to change this…

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What is a Home Appraisal Reconsideration of Value (ROV)?

Home Appraisal Reconsideration of Value

The real estate market has been moving at a breathtaking pace this year, and we’ve been seeing more home appraisal Reconsideration of Value (ROV) requests. That’s not unique to Kairos; many AMCs are seeing a substantial uptick in ROV requests. This is due to several interesting factors that are happening the market right now. While…

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What to Consider When Buying a Distressed Property

Buying a Distressed Property

If your clients are wondering what a distressed property is and what that means, here’s what they need to know about how it can help them buy a home when there aren’t many options. The housing market around the country is hot, and there isn’t enough inventory to go around. Enter: distressed properties. What does…

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Update on Fannie Mae and Freddie Mac and the Housing Market

An Update on Fannie Mae and Freddie Mac

One of the hottest topics in the housing market right now is Fannie Mae and Freddie Mac. The topic of conversation is whether or not they’ll come out of government conservatorship in the near future. It’s something we’ve been hearing plans about for a while, but nothing is set in stone yet. Their coming out…

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SOLVED: Kairos Case Studies

Kairos Case Studies

At Kairos Appraisal Services, we have a very different approach to the appraisal process than the big-box AMCs do. Our team works hard to provide excellent communication and form long-lasting partnerships by always going the extra mile. This is a relationship game, not a numbers game. To show you how working with Karios is different,…

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