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  2. Homebuying checklist - AOL

    www.aol.com/finance/homebuying-checklist...

    Get a home inspection and appraisal. The home inspection and home appraisal are crucial steps for buyers, and both can make or break a deal. Both involve a professional visiting the property for ...

  3. How to prepare for FHA appraisal requirements - AOL

    www.aol.com/finance/prepare-fha-appraisal...

    Next steps after an FHA appraisal. Once the FHA appraisal has been completed, the mortgage lender will review the report. There are a few potential outcomes of an FHA appraisal:

  4. 6 Things You Need To Do When Preparing for a Home Appraisal - AOL

    www.aol.com/6-things-preparing-home-appraisal...

    Homes appraise in increments of $500, so every perceived defect in your home, such as a leaky faucet, peeling paint, or non-functioning light switches, could cost $500 in your appraisal value.

  5. Uniform Standards of Professional Appraisal Practice

    en.wikipedia.org/wiki/Uniform_Standards_of...

    At its organizational meeting held on January 30, 1989, the Appraisal Standard Board unanimously approved and adopted the original USPAP as the initial appraisal standards promulgated by ASB. USPAP may be amended, Interpreted, or retired by ASB after exposure to the users of appraisal services and the public in accordance with established rules ...

  6. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    The scope of work is the first step in any appraisal process. Without a strictly defined scope of work, an appraisal's conclusions may not be viable. By defining the scope of work, an appraiser can properly develop a value for a given property for the intended user, and for the intended use of the appraisal.

  7. Uniform Residential Appraisal Report - Wikipedia

    en.wikipedia.org/wiki/Uniform_Residential...

    A Uniform Residential Appraisal Report or URAR is one of the most common forms used in United States real estate appraisals.It was created to allow for standard reporting and analysis of single-family dwellings or single-family dwellings with an "accessory unit".

  8. The truth about no-appraisal home equity loans: What ... - AOL

    www.aol.com/finance/what-is-a-no-appraisal-home...

    Traditional appraisal process. No-appraisal process. Inspection. Licensed appraiser inspects property in person. Uses automated valuation models (AVMs) to assess value

  9. Extraordinary assumptions and hypothetical conditions

    en.wikipedia.org/wiki/Extraordinary_assumptions...

    Depending on the scope of work expected by the users of the appraisal and the appraisal's limiting conditions, if the appraiser has not observed any indications of an infestation in his normal investigation, the appraiser may omit such an investigation and make a general assumption that the property is not infested with termites and not have to ...