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What is the Importance of the Appraisal Process?

Home appraisals are the perfect way to get an accurate measure of your house’s value Now if you want to gain approval for a mortgage, you are going to need a good home appraisal From the seller...

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Appraisal Checklist

An appraisal is a perfect way to determine your home’s fair market value It is the main reason homeowners get an appraisal before putting their house on the market As a buyer, your main...

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How to Contest a Bad Appraisal

Selling or buying a house both require an appraisal to find the right cost of the property Typically, the bank will order an independent appraisal to help ensure you loan your property’s true...

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How To Become A Certified Residential Real Estate Appraiser

Did you know the employment rate for a real estate appraiser has doubled overall in recent times Not only that, but it is expected to increase by 3% between 2019-2029! This means real estate...

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Why An AMC Is Valuable To Real Estate Brokers

If you’ve been doing some reading around the real estate world, chances are you’ve seen the word ‘AMC’ somewhere But do you know what this means Whether you’re a...

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How Are Appraisal Adjustments Calculated

Realtors understand that one of the most common issues with property appraisals is the amount and type of appraisal adjustments Sometimes, borrowers, agents, and lenders question the validity of...

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Is Your Current AMC Meeting Your Turn Time?

Like almost every other industry in the US, the coronavirus health pandemic has adversely affected the country’s housing market in many unexpected ways since March There is no doubt that...

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Appraiser Independence Requirements Policy

Appraiser Independence Requirements (AIR) are a set of standards designed to replace the Home Valuation Code of Conduct (HVCC) The main objective was to preserve the intent of HVCC while continuing...

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Franklin County 2020 Home Valuations Are in; and Some Homeowners Aren’t Happy

Introduction Despite the COVID-19 outbreak, the Ohio Department of Taxation denied requests from Franklin County Auditor Michael Stinziano and other auditors in Franklin County to delay the Sexennial...

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Do Realtors Work With Appraisal Management Companies?

When a homebuyer is taking out a loan to purchase a property, the lender works with an appraisal management company (AMC), like AmeriMac, to get a valuation on the property At this point in the home...

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Condo vs. Single-family vs. Multifamily Appraisal

If you have decided to invest in a home, an apartment, or a condo using your current finances or through a mortgage, or are planning to sell your home, you need a home appraisal A home appraisal is...

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Appraisal: Desk Review vs. Field Review

What Is An Appraisal Review An appraisal review, as the name indicates, is an evaluation of an assessment report, which ensures that it complies with specific interventions available and is the...

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