Bostedo Appraisal Services AI Appraisal Assistant for Realtors
Welcome to Bostedo Appraisal Services’ AI Appraisal Assistant — the online resource designed exclusively for real estate agents and brokers.
Our AI Appraisal Assistant is built to help real estate professionals better understand the residential appraisal process, navigate common appraisal challenges, and support their clients with confidence during real estate transactions.
Key Benefits of Using Our AI Appraisal Assistant:
- Learn the Basics of Real Estate Appraisals: Understand how appraisals work, why they are required, and how they impact home sales and purchases.
- Get Practical, Real-World Answers: Clear explanations about appraisals, comparable sales (comps), adjustments, appraisal timelines, and common reasons for low appraisals.
- Support Your Clients Better: Improve communication with your buyers and sellers regarding the appraisal process, helping to set the right expectations.
- Stay Ethical and Compliant: Our AI never offers specific value opinions or advice on property pricing, ensuring you stay in line with real estate and appraisal regulations.
Important to Know:
- This tool provides general information only. It does not offer appraisals, property valuations, or market trends for specific properties.
- For property-specific questions, market value opinions, or expert consulting, please contact Bill Bostedo at 412-831-1500.
Access the Bostedo Appraisal Services AI Appraisal Assistant:
👉 Launch the AI Appraisal Assistant Here
Why Realtors Trust Bostedo Appraisal Services
At Bostedo Appraisal Services, we are committed to helping real estate agents and brokers succeed by offering accurate, objective, and professional appraisal services. Our AI Appraisal Assistant is just one more way we support the Realtor community with reliable, easy-to-understand information. If you need a professional appraisal or have questions about a specific property, call Bill Bostedo at 412-831-1500 or visit PennsylvaniaAppraisers.com.
February 17, 2018 by Bostedo Appraisal Services - Pittsburgh Appraisers
Study of Life Expectancy of Home Components
Study of Life Expectancy of Housing Components
Prepared by the Economics Group of NAHB
While this study may be older, considering the Financial collapse of 2008-2010, many lenders, manufactures and the economy as a whole were more focused on survival opposed to innovation. Under these catastrophic conditions that occurred, it makes this study as relevant today as it was at the time it was produced and for the foreseeable future.
[Note: This report should be used as a general guideline only. None of the information in this report should be interpreted as a representation, warranty or guarantee regarding the life expectancy or performance of any individual product or product line. Readers should not make buying decisions and/or product selections based solely on the information contained in this report.] As indicated, this is dated material but can be used as a generalization.
(more…)
Tags: appraisal, real estate, single family
Posted in Real Estate info, Uncategorized | No Comments
March 25, 2017 by Bostedo Appraisal Services - Pittsburgh Appraisers
Performing a recent Pittsburgh appraisal, I thought a post on realtor.com was interesting. There was a recent realtor.com article 6 Costly Mistakes First-Time House Flippers Make. This article was interesting due to many of the situations I have seen considering we do work for many flippers. One in particularly that was NOT in the article which should have been and I will go over that later with a personal story.
I will include a link to the realtor.com article below. However, in the mean time, I will just briefly cover the 6 included and the 7th NOT included.
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Tags: costly flipping mistakes, flippers, house flipping, house flipping mistakes
Posted in Allegheny County Appraisal, Allegheny County Appraiser, Appraisal info, Appraisal service areas, Education, Real Estate info | No Comments
January 2, 2016 by Bostedo Appraisal Services - Pittsburgh Appraisers
Ever wonder how an appraiser knows how long your home will take to sell? Being an expert in your market makes us at Bostedo Appraisal Services the authority — the guys and gals everyone goes to when they have a complex question about real estate.
Well, allow me to introduce you to Absorption Rate. Before your mind wanders off into numbness, let me also tell you that this is one of the most practical metrics or measurements you can learn for your market or for you as a seller. Better than that, it will only take you a few minutes to learn it. It should be pointed out, although the manufacturing segment of the economy has been using this metric for decades, real estate, for the most part still doesn’t.
OK, so what is Absorption Rate? Simply put, (more…)
Tags: absorption rate, appraisal adjustments, appraiser, bank appraisal, Collateral Underwriter, CU risk score, Fannie Mae, FNMA, how fast will house sell, pittsburgh appraisal, pittsburgh appraiser, real estate, single family, time to sell
Posted in Appraisal info, Education, Real Estate info | No Comments
December 8, 2015 by Bostedo Appraisal Services - Pittsburgh Appraisers
Over the years Pittsburgh housing trends have been fairly steady. In fact, it has been sort of a running gag when someone asks how much their home has appreciated the ‘off the cuff’ answer was always about 3% per year. It has been like this for decades. In fact, this phenomenon was one reason that Pittsburgh survived the housing bubble due to Pittsburgh housing trends not being in a bubble.
This post and the graphic to the left depicts only (more…)
Tags: appraisal, appraiser, housing trends, maximize value, maximizing value, pittsburgh appraisal, pittsburgh appraiser, pittsburgh housing trends, pittsburgh values, real estate, time to sell
Posted in Appraisal info, Education, Real Estate info | No Comments
October 27, 2015 by Bostedo Appraisal Services - Pittsburgh Appraisers
Beware! Upside Down Builders
I’m sure many of us have seen them and frankly, probably never gave it a second thought, the homes that were built upside down.
Well, upside down I guess is only a matter of opinion. You can call them just about anything, even contemporary will work. However, there is one thing you can’t get away from, why is there only 1 bedroom on the 1st floor and all the rest of the bedrooms are downstairs? (more…)
Tags: appraisal, appraiser, builder plans, construction plans, custom builders, maximize value, maximizing value, pittsburgh appraisal, pittsburgh appraiser, pittsburgh values, real estate, realtor, single family
Posted in Appraisal info, Education, Real Estate info | No Comments
October 6, 2015 by Bostedo Appraisal Services - Pittsburgh Appraisers
D-day is upon us. TRID-day that is.
Oct. 3 marks the effective date of the Consumer Financial Protection Bureau’s Know Before You Owe mortgage disclosure rule, also called the TILA-RESPA Integrated Disclosures rule or TRID.
Every residential real estate transaction now requires new loan documentation consisting of (more…)
Tags: mortgage, mortgage guidelines, new mortgage, trid
Posted in Appraisal info, Appraisal Reviews, Appraiser Reviews, Education, Real Estate info | No Comments
September 15, 2015 by Bostedo Appraisal Services - Pittsburgh Appraisers
As a Pittsburgh appraiser who services a 7 county region, when doing a Pittsburgh appraisal you run into many different things. Pittsburgh has such a rich coal mining history, in fact, so does all of southwestern Pennsylvania and West Virginia.
Over the years from the time when I was small, I was told about a bridge that spanned two hilltops where I use to live, and men use to push coal carts across. I was also told there (more…)
Tags: appraisal, appraisals, appraiser, appraisers, Bostedo appraisal services, pittsburgh appraisal, pittsburgh appraiser, pittsburgh appraisers
Posted in Appraisal info, Education, Real Estate info | No Comments
September 1, 2015 by Bostedo Appraisal Services - Pittsburgh Appraisers
Over the past number of years, I had the opportunity to appraise many 2-4 family properties in the Pittsburgh and surrounding areas for pre-listing, divorce, estate and other reasons. The reasons behind the appraisals are not the story; the story is why, and how, there was such a reversal of fortunes so to speak in the overall value of both single family residential, and multi-family (2-4 unit) properties. At this spot in the blog, I must point out that this is not only an issue in Pittsburgh, but the entire southwestern Pennsylvania region. (more…)
Tags: appraisal, appraisal adjustments, appraisals, appraiser, appraisers, maximizing value, multi-family, pittsburgh appraisal, pittsburgh appraiser, pittsburgh appraisers, pittsburgh values, single family
Posted in Appraisal info, Education, Real Estate info, Uncategorized | No Comments
June 29, 2015 by Bostedo Appraisal Services - Pittsburgh Appraisers
Recently a Pittsburgh, Pennsylvania homeowner asked me to do a pre listing appraisal for them because a friend who is involved in Real Estate said they may have over improved their home, and they should see where they stand by getting an appraisal.
The property was a townhome style dwelling in condominium ownership. I arrived at the home and may I say, the property was beautiful, everything in it brand new and gorgeous. I will not go into great detail about the property because it will be coming onto the market and the actual renovations completed are a mute point.
(more…)
Tags: bank appraisal, cma, condo, condominium, How To Build Home Equity FAST, maximize value, maximizing value, realtor, remodeling, renovation, town home, town house, townhome, townhouse
Posted in Appraisal info, Appraisal Reviews, Appraiser Reviews, Education, Real Estate info | No Comments
