The Robert Weiler Company

SEPTEMBER 18, 2022

As a land buyer, owner, or seller, understanding the true market value of the real estate in question is important. But first, it’s important to understand what is a land appraisal, how it is appraised, the real estate appraisal process, and what to expect. How is Land Appraised?

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Birmingham Appraisal

SEPTEMBER 26, 2023

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? There is a difference. If you liked this post subscribe by email (or RSS feed ).

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Birmingham Appraisal

MAY 2, 2023

A retrospective appraisal is an appraisal that is performed on a property with an effective date that has occurred before the actual date of the inspection. This type of appraisal is often used for estate and tax purposes, as it can help establish the market value of a property at a prior point in time.

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McCarthy Appraisal Blog

SEPTEMBER 4, 2018

Evaluate the appraiser’s experience. Ask them for their resume and a list of two or three references. The resume may be on the appraiser’s website. The references should be current or previous clients, and at least one should be from the community. Follow up with the references for your selected candidate.

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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

OCTOBER 6, 2023

All Advisory Opinions, Frequently Asked Questions and the recently launched Reference Manual will now be part of a standalone publication called the 2024 USPAP Guidance and Reference Manual. You can also purchase a linked digital version of the eUSPAP and Guidance and Reference Manual and get seamless access across both documents.

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AmeriMac

JANUARY 15, 2024

Understanding the role of a home appraiser, the importance of a home appraisal, and the factors to consider when choosing an appraiser are key to making an informed decision. So, let’s dive in and discover how to find the best local home appraiser. Why is a Home Appraisal Important?

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PennyMac

OCTOBER 10, 2023

Whether you’re selling your home to begin a new adventure or refinancing your existing home, getting an appraisal with the value you want is an important hurdle to clear. You may feel that the appraisal process is out of your control, but there are many easy and inexpensive ways to get both yourself and your home ready.

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Chicagoland Appraisal Blog

MAY 13, 2021

Like any other investment, you want to know its value with some reliable degree of accuracy. A home appraisal is an unbiased opinion of a home or property’s value. Real estate professionals or other appraisal experts can help you determine the market value of your home. What Is the Home Appraisal Process?

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AmeriMac

FEBRUARY 25, 2021

Tailored to help borrowers of all kinds, in order to gain an FHA loan, your desired property needs to go through an appraisal. In this way, FHA can determine the selected properties’ market value, thus finding out whether the house is worth financing or not. Here we discuss all of that in detail: What is an FHA Appraisal?

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AmeriMac

FEBRUARY 25, 2021

Tailored to help borrowers of all kinds, in order to gain an FHA loan, your desired property needs to go through an appraisal. In this way, FHA can determine the selected properties’ market value, thus finding out whether the house is worth financing or not. Here we discuss all of that in detail: What is an FHA Appraisal?

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AmeriMac

APRIL 18, 2021

The world of real estate is full of a plethora of professional activities including appraisals. An appraisal refers to an in-depth and precise evaluation of the current market value of your property. Initially, buyers, sellers and lenders would request expert appraisers to manually appraise their property.

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AmeriMac

APRIL 18, 2021

The world of real estate is full of a plethora of professional activities including appraisals. An appraisal refers to an in-depth and precise evaluation of the current market value of your property. Initially, buyers, sellers and lenders would request expert appraisers to manually appraise their property.

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Assurance Financial

APRIL 29, 2021

After the introductory period ends, the rate adjusts based on the market rate on a set schedule. The first number refers to the length of the introductory period, while the second is how often the rate can adjust. Amortization is the process of paying off a loan over a set period. Fair Market Value. Amortization.

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AmeriMac

APRIL 30, 2024

These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area. This report serves as a reference for buyers, sellers, lenders, and investors to make informed decisions regarding the property.

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AmeriMac

FEBRUARY 25, 2021

Tailored to help borrowers of all kinds, in order to gain an FHA loan, your desired property needs to go through an appraisal. In this way, FHA can determine the selected properties’ market value, thus finding out whether the house is worth financing or not. Here we discuss all of that in detail: What is an FHA Appraisal?

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AmeriMac

APRIL 18, 2021

The world of real estate is full of a plethora of professional activities including appraisals. An appraisal refers to an in-depth and precise evaluation of the current market value of your property. Initially, buyers, sellers and lenders would request expert appraisers to manually appraise their property.

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Appraisal Today

AUGUST 2, 2024

The report cited from CSS, analyzed appraisal data across 10 states in the East Coast and Midwest, finding that only around 40% of home sales included an appraisal that was within $2,500 of the final sale price. The appraisal report is shared with the lender, who is the client in this scenario.

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AmeriMac

SEPTEMBER 15, 2021

Regardless, this process sees an objective third-party make an assessment of the fair market value of the home based on its current status and other conditions, all to make sure that everyone is on the same page about what is about to happen.

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Appraisal Today

JUNE 21, 2024

Click here Appraising Over 3,000 Years Ago Book of Moses – Donation to a Priest Excerpt: There is a biblical reference in the Bible to appraising in the five books of Moses, written about 1400-1500 BC. Therefore, a neutral appraiser was needed to estimate its market value, so as to determine the price and penalty.

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AmeriMac

FEBRUARY 28, 2022

Therefore, the appraisal process becomes a key way to prevent that from happening. The key part of the process is that an objective third-party comes in, assesses the value of a property and gives their input. They prevent buyers from significantly overpaying – something that they nor their lender want.

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AmeriMac

FEBRUARY 28, 2022

Therefore, the appraisal process becomes a key way to prevent that from happening. The key part of the process is that an objective third-party comes in, assesses the value of a property and gives their input. They prevent buyers from significantly overpaying – something that they nor their lender want.

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Appraisal Today

MAY 17, 2024

With the plethora of data available today, could an appraiser living hundreds or even thousands of miles away gain sufficient knowledge of local market conditions, trends, and regulations to produce accurate and reliable appraisals? And could it actually be a benefit to not live in the immediate geographic area?

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Appraisal Today

AUGUST 23, 2024

This book is very useful for all residential appraisers, especially those who work for lenders, with many references to Fannie guidelines, USPAP, etc. The new book explores all aspects of homeownership, value, and economics and details all the appraisal process steps. The book is still relevant in 2024.

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Lifestyle Properties of Maine

AUGUST 6, 2019

One of the most nerve wracking parts of a real estate transaction can be the appraisal process for both buyers and sellers. What is an appraisal? Why is an appraisal necessary? What if the home doesn’t appraise for the contract value? How much does it cost?

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D Fritz Appraisals

NOVEMBER 16, 2023

Read on to find out why appraisals are important, who pays for them and how much you are likely to pay in British Columbia. What is an Appraisal, and Who Pays for it? A home appraisal is a legal document that determines fair market value for a property.

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