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Home Appraisals

The most recently published posts in the Home Appraisals category
Today's Feature Stories Brought to You by John Williams What If Your Home Doesn't Appraise? Housing markets are constantly changing, heating up or cooling off. For that reason, bank appraisers are hired by lenders to make sure your home is priced fairly and to current market conditions... For full story click here ›› Stronger Consumer Protection Needed With Foreclosures The D.C. Council rece...
Read Post [Posted on 01/08/2014 By John Williams]
Many real estate professionals have been blaming low appraisals for derailing transactions over the last few years. But as home prices heated up across the country, are appraisals still coming in lower than the agreed-upon sales price?  Even with prices rising and the number of foreclosures falling, some appraisers say assigning a value to a property isn’t getting any easier. One of the big ...
Read Post [Posted on 12/04/2013 By John Askins]
According to surveys, buyers want more environmentally sensitive home features, and they are willing to pay for them. But builders say not enough appraisers are recognizing green’s worth and factoring it into their property valuations. "Appraisers just don't get it," says William T. Nolan, a Florida consultant to home builders. "We can't get them to appreciate the value of net costs. And if w...
Read Post [Posted on 11/07/2013 By John Askins]
Understanding how appraisals work will help you achieve a quick and profitable refinance or sale. 1. An appraisal isn’t an exact science When appraisers evaluate a home’s value, they’re giving their best opinion based on how the home’s features stack up against those of similar homes recently sold nearby. One appraiser may factor in a recent sale, but another may consider that sale too...
Read Post [Posted on 10/12/2013 By Harriet Vital]
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Read Post [Posted on 10/09/2013 By Susan Greer]
Homes that are unusual because of design or building materials are a challenge to finance, bankers says.Lenders are paying stricter attention to home values than they did several years ago. "It's simply a fact of the mortgage lending environment in general that determining value on a property is more important than ever today," said Brad Blackwell, a national sales manager for Wells Fargo.Environm...
Read Post [Posted on 10/08/2013 By John Askins]
What do you do when the appraisal on the dream home you want to buy comes in below the price in the offer the seller has accepted—even as much as 10 to 20 percent below?You don’t have to walk away. In fact, some real estate professionals and economists say that low-ball appraisals are pushing home values down and undermining the housing recovery.You can fight back. You have options, an...
Read Post [Posted on 09/20/2013 By John Askins]
Housing affordability differs among races and ethnic groups, finds the National Association of Home Builders, which analyzed home affordability by race. Affordability differences are “dramatic and persistent across racial and ethnic lines,” says NAHB chief economist David Crowe about the findings.Housing Affordability by RaceThe NAHB found the following differences in housing affordability wh...
Read Post [Posted on 09/01/2013 By John Askins]
The U.S. remodeling industry is in a period of growth, but not from the industry's traditional drivers, according to a report by the Joint Center for Housing Studies (JCHS) at Harvard University. The remodeling industry had faced double-digit declines in activity since its peak in 2007 until the past year. The overall aging of homes and home owners eyeing the potential income gains is boosting the...
Read Post [Posted on 08/28/2013 By John Askins]
Wondering about your Home Value?Click for your Free and On-Line Report.http://www.fortbendrealestatevalues.com/...
Read Post [Posted on 08/20/2013 By Stanley Poscovsky]
When considering buying a bank or other lender-owned REO (real estate owned) property, assesing its' true market value is a tough call.  Just as important, being able to understand any anomalies in the comps, or comparative anaysis, when compiled in a BPO (broker price opinion) is critical, panelist's at a HousingWire’s REO Expo said. "In BPOs, the most impo...
Read Post [Posted on 08/18/2013 By John Askins]
    Why Homes Don’t Always Appraise – And What Agents Can Do About It   by Steve Kahane What do appraisers look at when evaluating homes? What tools and data points to they consult? Steve Kahane of Greater Houston Area Appraisals explains.   Realtors and appraisers don’t always see eye-to-eye when it comes to valuing homes. This can be especially fru...
Read Post [Posted on 08/15/2013 By Jennifer Wilbur]
Appraisers have faced criticism over their property valuations in recent years, and have been accused of using foreclosures and short sales as comparable sales—without adjustment.However, appraisal firms say the idea that appraisers are suppressing home sales is misguided and unfounded. Appraisers say they’re misunderstood—they don’t set the value; they reflect it.“We often hear from real estate a...
Read Post [Posted on 08/14/2013 By John Askins]
With it being largely a seller's market in Houston, houses are often going for full price, and above list price in most cases. That's great for sellers, and almost a must for buyers to secure a home nowadays. And since the demand is so high and the rates and inventory mutually low, the market doesn't appear to be changing anytime soon. So, what's the problem? The problem is when th...
Read Post [Posted on 08/07/2013 By Melonee Piperi]
 < src='http://www.movoto.com/MarketChart?type=0&stateCode=tx&cityNameInURL=katy&city2=&time=1Y&metric=Median%20List%20Price' height='420' width='450' frameborder='0' scrolling='no'></><br/><a href='http://www.movoto.com/statistics/tx/katy.htm' target='_blank' style='font-size:12px;font-family:arial;'>Katy Real Estate Trends</a>< src='http:...
Read Post [Posted on 08/02/2013 By George Huntoon]
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