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Types of Appraisal Values

Appraisal Today

Market Value and Appraised Value: Exploring Various Appraisal Values By Jo Traut Excerpts: You’ve probably been asked about the difference between “market value and appraised value” by clients seeking a mortgage. We don’t provide an appraised value of a property.

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What is a 1031 Exchange? A Beginner’s Guide

Property Metrics

Value : IRS rules state that the market value and equity of the replacement property must be the same as, or greater than, the value of the relinquished property. For example, a property with a market value of $1MM and a mortgage of $250M must be exchanged into a new property worth at least $1MM with a $250M mortgage.

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Appraisal Reviews – Who and What

Appraisal Today

Investors use them to evaluate the value and risk of potential investments. Insurance companies use them for verifying property values in underwriting and claims. Attorneys order reviews to support legal matters involving property valuation, including disputes and condemnation cases.

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UNDERSTANDING THE TRUE COST OF HOMEOWNERSHIP

Will Springer Realtor

The soaring prices of insurance and energy have dealt a two-pronged blow to homeowners’ wallets, with no relief in sight. Nationwide, home insurance premiums have surged by an average of 21% year-on-year, as of May 2023, equating to an annual increase of $244 per household. in Q3 to 53.5% in Q3 to 37.3%).