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What You Need to Know About Appraisals

What You Need to Know About Appraisals

Released Wednesday, 6th December 2023
Good episode? Give it some love!
What You Need to Know About Appraisals

What You Need to Know About Appraisals

What You Need to Know About Appraisals

What You Need to Know About Appraisals

Wednesday, 6th December 2023
Good episode? Give it some love!
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Special Guest: Craig Black

What is an appraisal?

Major differences in FHA/VA/Conventional appraisals

Subject to repairs, things sellers can to to prevent needing repairs

Comps: how far back and what qualifies as a comparable sale?

How many comps are required? Is this different for refi or purchase?

What is your prediction for the future of appraisals? Will automation play a role? Will human appraisers still be used?


Addison Nett
Mortgage Loan Originator
NMLS 1542184
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/addisonnett

Casey Carpenter
Mortgage Loan Originator
NMLS 1548123
New American Funding
Website/Contact
https://www.newamericanfunding.com/mortgage-loans/caseycarpenter

New American Funding NMLS #6606
© 2023 New American Funding, LLC. All Rights Reserved
NMLS Website:
https://www.nmlsconsumeraccess.org/

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