Baton Rouge Real Estate News
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Baton Rouge Real Estate News
The Scoop On Baton Rouge Housing by Bill Cobb With Accurate Valuations Group Home Appraisals www.accuratevg.com and Editor of Baton Rouge Housing Reports www.batonrougehousingreports.com . Sign Up For Email Updates Here: http://bit.ly/GRQqsm  .  DROP BILL A NOTE HERE: http://bit.ly/GSvAXd
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Difference Between Baton Rouge Home Appraisals and Agent MLS CMAs

Difference Between Baton Rouge Home Appraisals and Agent MLS CMAs | Baton Rouge Real Estate News | Scoop.it
Difference Between Baton Rouge Home Appraisals and Agent MLS CMAs Difference Between Baton Rouge Home Appraisals and Agent MLS CMAs As Greater Baton Rouge's Home Appraiser, I read a number of sources daily to keep up with the local and national...
Baton Rouge Real Estate News's insight:

As Greater Baton Rouge’s Home Appraiser, I read a number of sources daily to keep up with the local and national housing markets.  I came across this article below, which explains the differences between a Real Estate Agent CMA or BPO (Broker Price Opinion) and a Certified Home Appraisal and wanted to share this information with the local market.  I also included 2 videos as well for further clarification. 

Read more http://www.homeappraisalsbatonrouge.com/greater-baton-rouge-real-estate/baton-rouge-real-estate/difference-between-baton-rouge-home-appraisals-and-agent-mls-cmas/

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Will Baton Rouge Home Appraiser Consider Multiple Offers On Purchase?

Will Baton Rouge Home Appraiser Consider Multiple Offers On Purchase? | Baton Rouge Real Estate News | Scoop.it
Will Baton Rouge Home Appraiser Consider Multiple Offers On Purchase? BATON ROUGE REAL ESTATE AGENT QUESTION TO BATON ROUGE APPRAISER: Bill, The Such-And-Such Subdivision house has been on the market since Saturday morning.
Baton Rouge Real Estate News's insight:
Baton Rouge Appraiser Answer
Yes, an experienced Home Appraiser "should" consider multiple offers, especially when there appears to me to be a limited supply of listings on the market. If it sells in 4 days and has multiple offers, that absolutely speaks of strong demand. Perhaps listing price was slightly less than market to begin with?
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Can Baton Rouge REALTOR® Ask Home Appraiser After Report Is Completed?

Can Baton Rouge REALTOR® Ask Home Appraiser After Report Is Completed? | Baton Rouge Real Estate News | Scoop.it
Can Baton Rouge REALTORS® Ask Baton Rouge Home Appraisers About The Appraisal After The Baton Rouge Home Appraisal Report Has Been Completed?
Baton Rouge Real Estate News's insight:

This was an actual question I received from a local Real Estate Agent (name withheld) in early 2013 and this was my answer to them below.   

Your question about if you can ask the Appraiser after the report is completed. 

Hi Baton Rouge RE Agent, not normally because Appraisers are working for our client, generally the AMC or Appraisal Management Company for the Lender. AMC's generally now order the appraisals for the Lenders. Appraisers are duty bound, based on confidentiality, to report all finding to the "Intended User(s)" of the report, ie., AMC and Lender and not the Seller, Listing Agent nor Selling Agent. They will...

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What Goes Into A Real Estate Appraisal Report Video

What goes in to a real estate appraisal? This video quickly shows the main parts of a the most common real estate appraisal report - the URAR. The URAR (Unif...
Baton Rouge Real Estate News's insight:

From Alison At AppaisalIQ: "What goes in to a real estate appraisal? This video quickly shows the main parts of a the most common real estate appraisal report - the URAR. The URAR (Uniform Residential Appraisal Report) is otherwise known as the 1004 and is used for most appraisals that are used for mortgage loans."

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Courtesy: How Baton Rouge Appraiser Treats Agents, Purchase Appraisals

Courtesy: How Baton Rouge Appraiser Treats Agents, Purchase Appraisals | Baton Rouge Real Estate News | Scoop.it
Professional Courtesy: How This Baton Rouge Home Appraiser Handles Local Real Esate Agents During Purchase Appraisal Assignments.
Baton Rouge Real Estate News's insight:

In my opinion and interpretation, Dodd-Frank was instituted to foster more open communications between Agents and Home Appraisers, to correct the damage inflicted by HVCC, which caused Agents and Appraisers to stop talking.  Not All Appraisers share this same interpretation.


HOWEVER, Just to be clear on my take on this. Please Read This Carefully As I Don't Approach Agents With My Guard Up, Nor Do I Have My Guard Up When They Approach Me. On purchase appraisals, I do encourage open communication between myself and the Listing Agent AT THE BEGINNNG OF THE PROCESS, before I see the home.

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SolutionsForAgents's comment, July 2, 2014 1:56 PM
Interest information!