Freddie Mac expands appraisal waiver to condo buyers



Condo buyers and refinancers could be eligible for a new program that allows them to bypass a traditional in-person appraisal with a faster automated process, Freddie Mac said last week.

New rule exempts low-cost commercial property from appraisals



Almost one-third of commercial property sales will become exempt from the need for an appraisal following changes to federal rules.

Appraisal Foundation seeks to address labor shortage



The Appraisal Foundation’s Appraiser Qualifications Board is to ease the requirements for individuals to become an appraiser in order to combat labor shortages.

Why is it Important to Have Your Property Appraised?



The strange experience of having your home professionally appraised can be jarring to some people, but it is of incredible importance when you are considering placing your home on the market

A Current Home Appraisal May Surprise You



In the vocabulary of real estate, there are three terms that indicate a home’s valuation: the Appraised Value, the Assessed Value, and the Market Value. Rarely are these three values the same.

Freddie Mac wants to automate the appraisal process, for some



Mortgage servicer Freddie Mac is hoping to automate home appraisals in an effort to speed up the closing process and reduce fees for home buyers.

What You Need to Know About Closing Costs



Although a few costs and fees for buying a house may be paid ahead of time, the bulk of the financial settlement occurs at the closing table which is closing costs.

7 Ways You Can Beat a Low Home Appraisal



A low home appraisal sure feels like bad news. However, sometimes, it’s bad news that can be avoided, or even turned around for the better. If you’re worried your appraisal isn’t going to deliver what you want,

A Current Home Appraisal May Surprise You



In the vocabulary of real estate, there are three terms that indicate a home’s valuation: the Appraised Value, the Assessed Value, and the Market Value. Rarely are these three values the same. So it’s easy to confuse them when considering selling a home, obtaining a mortgage, or contemplating ongoing costs of ownership (such as taxes […]

4 Keys to Appraising a Commercial Property



If you want to sell your property, buy a property, lease a property or appeal property taxes, you will need to perform an appraisal of that commercial property.

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