Remove 2019 Remove Clients Remove Contracts Remove Real Property
article thumbnail

Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. When a property has longer-term leases in place, even at market rates and terms, the interest appraised is typically leased fee. Defining the Appraisal Scope of Work.

article thumbnail

Appraising Unusual Properties

Appraisal Today

Possibilities include: Notify the client of potential for delays in delivery dates. As a side note, after much ado — the real property Standard 1 has only one word change in five years.) The current official unofficial Advisory Opinions of the Foundation reference the 2018-2019 version of USPAP. percent from 7.27

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Everything You Need to Know About the Texas Seller’s Disclosure

Hood Homes Blog

Updated 9/23/2019; Originally published 4/9/2018. The Seller’s Disclosure is required by law, but ultimately not very useful Do your own due diligence on a property, including a third party inspection ! SELLER’S DISCLOSURE OF PROPERTY CONDITION. (a) In the Contract. Texas Seller’s Disclosure Law.

article thumbnail

Appraisals and Water Frontage

Appraisal Today

Among the rights that come with real property ownership is the right to exclude others. When oceans, lakes, bayous, estuaries, rivers, streams, and ponds are involved, this right is a large part of what property purchasers are paying for. Communicating with non-lender clients is very, very different than lenders!