Recently, a Realtor friend of mine had a listing with three bedrooms and one bathroom.  However, the only bathroom and two of the bedrooms didn't have 7' high ceilings, required by ANSI.  What were his options?  Did he have to advertise the home as a one bedroom, zero bathroom home?  Find out in this episode when we answer the question, "How are Non-ANSI compliant bedrooms treated?" 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 ..read more

Recently, a Realtor friend of mine had a listing with three bedrooms and one bathroom.  However, the only bathroom and two of the bedrooms didn't have 7' high ceilings, required by ANSI.  What were his options?  Did he have to advertise the home as a one bedroom, zero bathroom home?  Find out in this episode when we answer the question, "How are Non-ANSI compliant bedrooms treated?" 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 ..read more

In this bonus episode, Ryan pays tribute to longtime exective assistant and marketing manager, Janna Woodfall.  Check out Matt & Janna Woodfall's two new businesses:   Bear Waves Smoky Mountain Cabin https://www.airbnb.com/rooms/639079058330348773?source_impression_id=p3_1674741145_9zbGxsZZArzv%2B3tB Woodfall & Sons https://woodfallandsons.com ..read more

We get this FAQ quite a bit, actually.  Several of our homeowner clients are curious about what happens to the appraisal after we've completed it.  Most hope it doesn't find its way into the hands of the Tax Assessor.  So today, I’ll answer the question, “Are Appraiasls Part of the Public Record?” 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:  https://riverfrontappraisals.com/guides ..read more

In this episode, we answer several of the most frequently asked questions our office gets on a weekly basis from Realtors and Homeowners.  ..read more

One of Ryan's favorite things to do is speak to Realtor offices about appraisals. And inevitably, no matter what topic he is asked to speak on, the discussion turns to FHA appraisals. “What should I be on the lookout for?” “Do I need to make the repairs before listing the house?” “How is an FHA Appraisal different from a ‘regular’ appraisal?” “Do you have a checklist for me?” Questions surrounding FHA appraisals are many, so we’ll wrap up this season with a discussion of FHA appraisals.  Show Notes: https://cutt.ly/wMw9m8j ..read more

Selling real estate is tough enough, stressful enough, and sometimes cutthroat enough the way it is.  Then you introduce multiple offers on a home and it just gets worse.  You’ve got timing to consider, you’ve got your client’s best interest to protect, you’ve got other duties you have to fulfill, you have to walk though all the offers with your seller, or try & craft the best offer for your buyer.    And then, there’s the appraisal. Listen to this episode to find out how an appraiser handles multiple offers ..read more

Have you ever had a listing that didn’t appraise for contract price?  It’s frustrating, for sure – especially if you feel like you don’t have any options!  The home didn’t appraise for contract price, so the deal is dead, right?  Not at all!  When this happens, most parties have three options:  lower the sale price to the appraised value, have the buyer come out of pocket for the difference, or cancel the sale.  But those are all options you’ll need to consider after challenging the appraisal.   ..read more

I can’t think of a more polarizing topic – one that has completely shaken up the appraisal industry since the first part of 2022 – than ANSI.  In April, 2022, Fannie Mae announced that any home purchased by them will need to be measured using ANSI standards.  This has caused more than a little chaos and confusion, so this episode will help clear some of that up for you. Show Notes: https://cutt.ly/4Z18FBH ..read more

Over the years, we’ve heard it all.  Misunderstandings about the appraisal process are plentiful, and some of those really do affect the way you do business.  So this podcast episode will address (albeit briefly) five of the most common myths we’ve heard.  We’ll set the record straight, and give you greater confidence the next time one of these issues comes up! Show Notes: https://cutt.ly/OLt5EBc   ..read more