Posts Tagged ‘appraisal services’
Everything You Need to Know About Manufactured Home Appraisals
There is a growing demand for alternative types of housing in communities across the country. As home prices for traditional single-family residences continue to soar, it’s becoming more difficult for people to buy a home. One attractive alternative type of home that is growing in demand is manufactured homes, sometimes referred to as mobile homes.…
Read MoreHow Appraisers Pick 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…
Read MoreThe Difference Between Sales Price and Appraisal Value
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.…
Read More2021 Housing Market Outlook
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…
Read MoreWhat to Consider When 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…
Read MoreSOLVED: 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,…
Read MoreReasons Why Appraisals Come in Low
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…
Read MoreChange is in the Air: Fall 2020 Market Update
There are a lot of important things happening in the mortgage and appraisal world right now. We want to give you a rundown of some of the things we’ve been talking about around the office, and with our clients, for the past few weeks. Upcoming Refinance Fee Historically low interest rates have caused a refinance…
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