http:www.realestateappaisertips.info/ – SnagIt Appraisal Software Plat Map Screen Capture Tutorial
Duration : 0:2:39
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A home appraisal is really an opinion of the property’s market value. The home appraisal is a detailed report that looks at such items as the condition of the home, the neighborhood, what similar homes throughout Bellingham, WA are selling for, and how quickly similar homes sell. http://www.StopForeclosureBellingham.com helps you with the challenges for lender appraisal.
There’s a chance you can get them to reconsider, especially if the appraiser overlooked anything. If you’ve done all your homework you lessen the likelihood of squandering your time and money, neither of which you can afford to lose. The problem with this is most home owners in Whatcom County haven’t a clue as to their home’s real value as compared to the housing market where they live.
Since the mortgage meltdown in 2008 many lenders will not even consider your Bellingham, WA home for a refinance, no matter what the LTV is. This is true if you live anywhere else in Whatcom County, or the rest of Washington State. Register with us at http://www.StopForeclosureBellingham.com and get to know more of the possibilities on how to save your homes from foreclosure.
If you’ve done all your homework you lessen the likelihood of squandering your time and money, neither of which you can afford to lose. Remember that were here to help you stop foreclosure fast on your Bellingham, WA home, whether you want us to try and help you keep it or sell it. For your free consultation visit http://www.StopForeclosureBellingham.com and complete our fast response form.
Duration : 0:3:29
Posted in home appraisals | No Comments »
A home appraisal is really an opinion of the property’s market value. The home appraisal is a detailed report that looks at such items as the condition of the home, the neighborhood, what similar homes throughout Bellingham, WA are selling for, and how quickly similar homes sell. http://www.StopForeclosureBellingham.com helps you with the challenges for lender appraisal.
There’s a chance you can get them to reconsider, especially if the appraiser overlooked anything. If you’ve done all your homework you lessen the likelihood of squandering your time and money, neither of which you can afford to lose. The problem with this is most home owners in Whatcom County haven’t a clue as to their home’s real value as compared to the housing market where they live.
Since the mortgage meltdown in 2008 many lenders will not even consider your Bellingham, WA home for a refinance, no matter what the LTV is. This is true if you live anywhere else in Whatcom County, or the rest of Washington State. Register with us at http://www.StopForeclosureBellingham.com and get to know more of the possibilities on how to save your homes from foreclosure.
If you’ve done all your homework you lessen the likelihood of squandering your time and money, neither of which you can afford to lose. Remember that were here to help you stop foreclosure fast on your Bellingham, WA home, whether you want us to try and help you keep it or sell it. For your free consultation visit http://www.StopForeclosureBellingham.com and complete our fast response form.
Duration : 0:3:29
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Posted in house appraisals | No Comments »
It seems like everyone is talking about appraisals today and a lot of people have questions about the whole process.
So what’s an appraisal anyway? An appraisal is what determines the fair market value of your property. The appraisal is performed by a licensed appraiser who provides a professional opinion of the value of your property based on a variety of factors. Its an important part of the mortgage process that needs to happen before the transaction can be finalized.
It’s easier to understand the whole appraisal process by breaking it down into three main parts. There’s the Real Estate Inspection. The Comparables. And The Final Report of Value.
The real estate inspection will take anywhere from 10 to 30 minutes based on the size of your home. The appraiser will record things like square footage, the dimensions of your property and the number of rooms in your home. He’ll verify his findings with information provided by third parties such as the real estate multiple listing service and county records.
The next step is for the appraiser to evaluate Comparables. Comparables are recent home sales in and around your neighborhood. Analyzing these recent past sales helps an appraiser determine the current market value of your home. And when I say recent, I’m talking 3 to 6 months. This is important because comparable sales from many years back may not reflect true home values today.
When selecting comparable properties, the appraiser is looking for some very specific things: Homes that have sold recently. Homes that have sold near where you live. And homes that are similar to yours in terms of size, age and style – ranch, colonial or tri-level , for example.
You should also know that home values from Real Estate websites do not give you accurate comparable values. The information they provide may be outdated and isn’t verified by third parties such as real estate multiple listing services. Basically, an accurate appraisal can only come from a licensed appraiser.
Here’s a question a lot of people are asking these days: Will a foreclosed house in my neighborhood affect the appraised value of my property? The answer is that it depends on the amount of foreclosed properties that have sold in your area. Like artwork, baseball cards or any other product, the value of a house is based on what people are willing to pay for it. And the bottom line is that foreclosed homes sell for less than other homes.
And the more foreclosures in your area, the more average home prices will fall.
The important thing to remember is that appraisers cant treat foreclosure sales any different than non-foreclosure sales. A sale is a sale regardless of whether a comparable property happens to be in foreclosure. But heres the good news: By keeping your property well-maintained and up-to-date, youre doing what you can to increase the appraised value of your property.
Next, an appraiser will move on to the final step: Preparing a Final Report of Value. This report will detail the appraisers analysis of the value of your property based on a combination of the inspection and the comparables. Also, if youve done home improvements and upgrades to your property, the appraiser may take these into consideration when writing his final report of value. Both you and your mortgage lender will get a copy of this report.
Sospeaking of the mortgage lender, whats our role in the whole appraisal process anyway? Heres the simple answer: Mortgage companies like Quicken Loans, by law, cannot do appraisals.
Appraisals can only be performed by a state-licensed third party. That means that by law, we have no influence on the appraised value of your property.
In fact, if an appraisal on a property comes in too low, we wont be able to write a loan on it. The bottom line is that we at Quicken Loans want what you want: A fair appraisal of your property that accurately reflects todays market conditions.
An accurate appraisal is the best way to ensure that everyones interests are protected throughout the entire home refinance or purchase process.
Duration : 0:4:36
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Quicken Loans TV takes you through a full home appraisal inspection in this informative video – part 4 (upstairs appraisal and an overview of the steps of the appraisal process) of the Quicken Loans Appraisal series. A home appraisal is something youll need when getting a mortgage. For more information on appraisals go to https://www.quickenloans.com/mortgage-news/how-do-you-get-the-best-appraisal-and-whos-to-blame-if-it-comes-in-low-5465
Duration : 0:3:38
Posted in house appraisals | 3 Comments »
Quicken Loans TV takes you through a full home appraisal inspection in this informative video – part 3 (steps of the appraisal and the front room) of the Quicken Loans Appraisal series. A home appraisal is something youll need when getting a mortgage. For more information on appraisals go to https://www.quickenloans.com/mortgage-news/how-do-you-get-the-best-appraisal-and-whos-to-blame-if-it-comes-in-low-5465
Duration : 0:6:17
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Check it out. Fast, easy, free. Learn to value your home from professional appraisers. Or get an instant value for your home.
Duration : 0:1:42
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Quicken Loans TV takes you through a full home appraisal inspection in this informative video – part 5 (outside, the exterior of the home and a discussion of comparables) of the Quicken Loans Appraisal series. A home appraisal is something youll need when getting a mortgage. For more information on appraisals go to https://www.quickenloans.com/mortgage-news/how-do-you-get-the-best-appraisal-and-whos-to-blame-if-it-comes-in-low-5465
Duration : 0:3:35
Posted in home appraisals | 1 Comment »
Quicken Loans TV takes you through a full home appraisal inspection in this informative video – part 6 (backyard appraisal and a conclusion of the steps of the appraisal process) of the Quicken Loans Appraisal series. A home appraisal is something youll need when getting a mortgage. For more information on appraisals go to https://www.quickenloans.com/mortgage-news/how-do-you-get-the-best-appraisal-and-whos-to-blame-if-it-comes-in-low-5465
Duration : 0:3:20
Posted in real estate appraisal | 1 Comment »
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