Getting Home Ready for Appraisal

how-appraisers-choose-comps

How Appraisers Pick Comps

By pwsadmin / April 8, 2021 /

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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Appraisal

The Difference Between Sales Price and Appraisal Value

By pwsadmin / March 23, 2021 /

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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Home Appraisal Myths

Home Appraisal Myths – Busted!

By pwsadmin / January 15, 2021 /

No matter how many times you’ve been through the process, the prospect of a home appraisal can seem a little daunting. With the cobweb of people involved, it’s understandable that your clients may feel a little bit confused. So, to help everyone through the process, we’ve compiled a list of the top seven home appraisal…

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Home Appraisal Reconsideration of Value

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

By pwsadmin / December 23, 2020 /

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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Reasons your appraisal came in low

Reasons Why Appraisals Come in Low

By pwsadmin / November 10, 2020 /

It’s a frustrating thing to buy or sell a home and find out that it’s not worth what you thought it would be. The real estate industry is no stranger to low appraisals, especially in today’s market, and there are plenty of reasons why they happen. From improvements not being worth what you expected to…

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5 Ways to Help Your Clients Through the Appraisal Process Successfully

Help Your Clients Through the Appraisal Process with 5 Tips

By pwsadmin / August 26, 2020 /

As a lender, you may wonder exactly how to best help your clients through the appraisal process successfully. Well, we’ve got the inside scoop for you! There are a few things you can do that will make a big difference in how smoothly the entire process goes.

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Get Homes Ready for Appraisal

5 Ways Your Clients Can Get Homes Ready for Appraisal

By pwsadmin / August 13, 2020 /

How can your clients get homes ready for appraisal? We all know that one of the most important parts of a home transaction is the appraisal process, and sometimes it can seem a little mysterious. Why do homes appraise the way they do? It’s actually pretty simple. An appraiser is looking at the bones of…

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