Boston Appraisal

JULY 6, 2023

Property disputes can come in many forms: from squabbles between neighbors about boundary lines to legal battles in a divorce proceeding over shared assets. In these situations, a property appraisal can be an indispensable tool in the lawyer’s arsenal.

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Empire Appraisal Group

OCTOBER 12, 2023

It’s important to note that the appraisal process should be conducted by a qualified and impartial appraiser to ensure that the valuation is accurate and reliable.

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Appraisal Partners Blog

MARCH 6, 2025

Probate: Probate is the legal process of administering a deceased person’s estate. The estate appraisal is a key document in the probate process, as it establishes the value of the assets to be distributed.

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Realvals

JUNE 18, 2023

Estate Taxes In some cases, local laws may require appraisals for estate tax purposes. It is important to work with a certified appraiser to comply with these regulations and avoid potential penalties. ” ( source ) The only way to obtain legal ownership of the property is to go through the probate process.

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McKissock

OCTOBER 19, 2021

The presence of an additional living unit may complicate the appraisal process by making it difficult to know how to classify the subject property. 3rd, “Appraising Accessory Dwelling Units Simplified.” A two-family dwelling is legal under the current zoning. ” Reserve your spot.

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AmeriMac

OCTOBER 28, 2024

The unique circumstances surrounding REO properties require specialized handling during the appraisal process, considering factors like extensive repairs, market trends, and quick-sale pricing strategies. ” This means the appraiser needs to pay close attention to the property’s condition and possible repair costs.

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Town & Country Residential Appraisals

JULY 25, 2022

At the end of every on site appointment, I tell the person I meet at the property that this is the easiest and least time consuming part of the appraisal process. The portion of the process that no one sees, is the market data analyzing, the report writing and the overall analysis of the property in relation to value.

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AmeriMac

OCTOBER 15, 2024

It is important to understand the details of property valuation, the laws that apply, and the legal options that are available to handle appraisal disputes well. Common Causes of Appraisal Litigation One common reason for appraisal litigation is when people have different views on the best use of a property.

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AmeriMac

MARCH 15, 2024

Appraisal Management Companies (AMCs) play a crucial role in the real estate industry by providing independent appraisal services to lenders and other clients. While most people are familiar with the concept of an appraiser, many may not be aware of the important role that AMCs play in the appraisal process.

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AmeriMac

JANUARY 15, 2025

Different appraisal products cater to various needs, ranging from simple to complex. Selecting the right appraisal product tailored to your goals is essential for financing, taxes, legal matters, or investment decisions. Cost-Effectiveness: New solutions are often more affordable than traditional appraisals.

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Listing Spark

OCTOBER 9, 2023

Understand buyer motivations, be open to reasonable offers, and consider seeking legal advice for more complex negotiations. Legal and Paperwork: Familiarize yourself with local and state laws regarding disclosures, contracts, and other legal requirements. Negotiation Skills: Brush up on your negotiation skills.

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AmeriMac

SEPTEMBER 1, 2021

Specifically, lenders now have to use independent appraisers to ensure that properties are valued appropriately. These legal changes lead to a sharp increase in the use of AMCs. Why AMCs Are Important Under Federal Law. Federal laws and regulations have specifically tried to limit the contact between a lender and the appraiser.

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The Robert Weiler Company

OCTOBER 21, 2022

The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked. Question 6: What is the overall commercial real estate appraisal process?

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Appraisal Today

AUGUST 23, 2024

Lenders rely on reviews to ensure the accuracy and reliability of appraisals before making lending decisions. Attorneys order reviews to support legal matters involving property valuation, including disputes and condemnation cases. Investors use them to evaluate the value and risk of potential investments.

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The People's Appraisal Blog

MAY 14, 2019

See, Fannie Mae and the Appraisal Management Companies (AMCs) are ready to send appraiser imposters to conduct appraisal inspections on our homes. These same AMCs were created to manage appraisal processes for lenders, but without laws, standards or accountability, their self-defined charters have morphed into other functions.

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Appraisal Today

SEPTEMBER 9, 2022

Estate/trust appraisal liability advice from Peter Christensen. The date of value can be a legal issue and the appraiser should not be the one accepting responsibility for whether the date of value is correct for whatever the use is (such as an estate tax return). Excerpts: 2. source: second link below). My comments : Wow!

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Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. Appraisers have, in the past, fretted over liability and data reliability. Fair housing, are you kidding me?”.

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Housing Wire

MARCH 21, 2025

Until federal regulations and law change to match Trumps agenda, it does not make sense for the Supreme Court to rule on this case. For homeowners, one of the most dangerous political actions by the Biden administration, was their attempt to rewrite housing law. Additionally, Harris filed a motion in Diamond Alternative Energy v.

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Housing Wire

FEBRUARY 15, 2025

Its an open question as to whether Trump has the legal authority to shut down the CFPB since the bureau was created by Congress. Regardless, appraisers are concerned about the role of AMCs and will have to find another way to push back if the CFPB is eliminated or rendered inoperable. So, it’s a double-edged sword.

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