What Happens When the Appraisal Comes in Under Contract Price?
Release Date: 02/23/2023
What Are Some Of The Craziest Things You've Seen As An Appraiser?
The Appraisal Cast
In this episode, Ryan Bays shares some funny stories about finding folks asleep during the inspection, and a couple of lessons we can all learn from situations like these. The Appraisal Cast is sponsored by The Guide To Appraisals series of E-Books: The Loan Officer's Guide to Appraisals The Realtor's Guide to Appraisals The Homeowner's Guide to Appraisals Check them out here:
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FAQ #18: Why Don't Appraisals Follow Common Sense?
The Appraisal Cast
Have you ever tried to apply 'common logic' to the appraisal process? How about this: have you ever said, "Market value is whatever someone wants to pay for a house" ? If so, you'll want to listen to this podcast. Ryan discusses that question, as well as more in this episode. The Appraisal Cast is sponsored by The Guide To Appraisals series of E-Books: The Loan Officer's Guide to Appraisals The Realtor's Guide to Appraisals The Homeowner's Guide to Appraisals Check them out here:
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Why Do I Need To Get My Home Appraised Before I List It For Sale?
The Appraisal Cast
If you're about to list your home for sale, you may be thinking about getting it appraised first. In this podcast, Ryan discusses several reasons why it's a good idea to get your home appraised before listing it for sale. Be sure & listen all the way to the end for a little surprise from Ryan! The Appraisal Cast is sponsored by The Guide To Appraisals series of E-Books: The Loan Officer's Guide to Appraisals The Realtor's Guide to Appraisals The Homeowner's Guide to Appraisals Check them out here:
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What Can I Do To Increase The Value Of My Home?
The Appraisal Cast
It's one of the questions on everyone's mind. What can I do to increase the value of my home? In this episode, Ryan discusses some improvements you really should consider, some you should not consider, and others that might be necessary, but won't likely return much in market value. The Appraisal Cast is sponsored by The Guide To Appraisals series of E-Books: The Loan Officer's Guide to Appraisals The Realtor's Guide to Appraisals The Homeowner's Guide to Appraisals Check them out here:
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Can I Ask For A Different Appraiser?
The Appraisal Cast
The appraisal has been ordered on the home, and the appraiser has reached out to schedule the inspection. But it's that appraiser. You know, the one you don't want. Is it ok to ask for a different appraiser? Or is it ok to complain to the lender and get the appraiser reassigned? Ryan looks at the answer and gives a warning in this episode. You don't want to miss this one if you're in sales or lending! The Appraisal Cast is sponsored by The Guide To Appraisals series of E-Books: The Loan Officer's Guide to Appraisals The Realtor's Guide to...
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Who Should Be At Home During The Appraisal?
The Appraisal Cast
We get this question a lot, and it's a unique question in that it gets asked before the apprasal: "Who should be at the home during the appraisal?" Ryan offers several answers to this question, and why he thinks its best if a seller is there. The Appraisal Cast is sponsored by The Guide To Appraisals series of E-Books: The Loan Officer's Guide to Appraisals The Realtor's Guide to Appraisals The Homeowner's Guide to Appraisals Check them out here:
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What In The World is Going On With Fannie Mae?
The Appraisal Cast
In this eposide, Ryan Bays discusses the latest Fannie Mae Selling Guide Update, and how it will impact loan officers, Realtors, homeowners, and appraisers. To read the full Update, visit: https://singlefamily.fanniemae.com/news-events/announcement-sel-2023-02-selling-guide-updates The Appraisal Cast is sponsored by The Guide To Appraisals series of E-Books: The Loan Officer's Guide to Appraisals The Realtor's Guide to Appraisals The Homeowner's Guide to Appraisals Check them out here:
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How Will the Appraisal Affect My Property Taxes?
The Appraisal Cast
In this eposide, Ryan Bays discusses how a typical appraisal (for refinance or purchase) may or may not impact your property taxes. One of the frequently asked questions we get from homeowners is "How will the appraisal affect my property taxes?" No one wants us to send the appraisal to the assessor! Listen to our latest podcast and get the answer to this FAQ. The Appraisal Cast is sponsored by The Guide To Appraisals series of E-Books: The Loan Officer's Guide to Appraisals The Realtor's Guide to Appraisals The Homeowner's Guide to Appraisals Check them out here:
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Which Appraisal Method is the Best?
The Appraisal Cast
In this eposide, Ryan Bays discusses the various methods, or approaches to value. We discuss the Sales Comparison Approach, the Cost Approach, and the Income Approach. After listening, you'll have a basic understanding of all three approaches, and when each might be employed. The Appraisal Cast is sponsored by The Guide To Appraisals series of E-Books: The Loan Officer's Guide to Appraisals The Realtor's Guide to Appraisals The Homeowner's Guide to Appraisals Check them out here:
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What Do I Need To Do About Peeling Paint?
The Appraisal Cast
In this eposide, Ryan Bays discusses when peeling paint can be an issue, and how to deal with it. Be sure and listen to find out what structures an appraiser will be inspecting during an appraisal, and then the three most important steps in repairing peeling paint. The Appraisal Cast is sponsored by The Guide To Appraisals series of E-Books: The Loan Officer's Guide to Appraisals The Realtor's Guide to Appraisals The Homeowner's Guide to Appraisals Check them out here:
info_outlineHave you ever sold a home and the appraisal came back under contract price? If you're a homeowner, and this happens to you, the deal isn't dead! And, if you're a Realtor, this episode will help you understand the options your buyer or seller have.
It's a topic we've covered at length on the podcast, but as it keeps coming up, we'll keep covering it.
The Appraisal Cast is sponsored by The Guide To Appraisals series of E-Books:
- The Loan Officer's Guide to Appraisals
- The Realtor's Guide to Appraisals
- The Homeowner's Guide to Appraisals
Check them out here: