Simonson Real Estate

JUNE 22, 2020

Despite these radical changes, the business of America carries on, somehow, some way, including commercial real estate appraisal work. How has COVID-19 affected the appraisal process and the values of the various markets and submarkets of commercial real estate? benefit from our collective strength.

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Valuation Real Estate Appraisal Retail 146

McKissock

DECEMBER 28, 2021

Appraisers recently contacted by McKissock tend to agree that the profession will go generally well in 2022, with no major changes to the real estate market and no events on the horizon that could seriously upset appraisers’ business. Desktop appraisals, with information provided by third-party hirelings, may increase.

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Appraisal Partners Blog

JANUARY 2, 2025

Accurate and unbiased appraisals are critical in these situations to ensure that property values are determined fairly and equitably. Whether its a marital home being divided in a divorce or real property being passed to heirs through an estate, appraisals play a vital role in facilitating a transparent and just process.

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Appraisal Legal Valuation Tools 78

Boston Appraisal

JUNE 24, 2019

Although we can rejoice that the green building movement is becoming more mainstream, the question of whether or not this energy source and other green features add value to a property is still up in the air. Property owners are often surprised when the time comes to estimate the fair market value of their green building.

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Appraisal Market Value Real Estate Technology 78

Boston Appraisal

MAY 27, 2019

And because real estate properties are usually the most significant financial asset of the deceased, establishing their fair market value is a priority. If the estate is going through probate, an accurate inventory of the decedent’s possessions—including any real estate properties—is required.

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Appraisal Real Estate Valuation Market Value 78

Empire Appraisal Group

JULY 1, 2021

It’s imperative that agents not only understand the fundamentals of the appraisal system but also follow the best practices for communicating with appraisers, especially while navigating today’s market. How Multiple Offers Factor Into the Appraisal Process. It’s highly critical to give appraisers all of that data.

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Agents Appraisal Real Estate Realtors 78

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

Ask an appraiser about their education and licensing. Federal law mandates state certification for most appraisers. The two basic licenses are Certified Residential Real Property Appraiser and Certified General Real Property Appraiser. Evaluate the appraiser’s experience.

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Real Estate Appraisal Valuation Loan Officers 36

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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Real Estate Training Appraisal Inspection 58

Appraisal Today

SEPTEMBER 22, 2023

NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Brokers followed with 24%, and appraisal-certified professionals comprised 14% of the respondents. Most of the inspection training we receive as appraisers happens in the field.

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Appraisal Training Inspection Real Estate 94

AmeriMac

JULY 1, 2021

It is important to note that an appraisal is not a commodity in itself. Every property is unique for many reasons, the location being one of them. Describing a particular real property and collecting data relative to supply and demand are the appraiser’s responsibilities. Process of Property Appraisal.

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Property Appraisal Appraisal Appraisal Process Sellers 36

Appraisal Today

DECEMBER 2, 2022

Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. Excerpts from the letter: … including, but not limited to, experience in real estate market analysis and real estate brokerage, including: • Evaluating and pricing residential real estate.

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Appraisal Agents Real Estate Real Estate Agent 89

AmeriMac

SEPTEMBER 24, 2024

In real estate transactions, the appraisal process is critical. It helps determine a property’s market value. An appraisal is an expert’s view of how much a property is worth. The expert looks at factors like location, condition, and nearby property sales.

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Appraisal Valuation Property Taxes Real Estate 36

Appraisal Today

SEPTEMBER 20, 2024

Value is defined in the Uniform Standards of Professional Appraisal Practice (USPAP) as: “The monetary relationship between properties and those who buy, sell, or use those properties, expressed as an opinion of the worth of a property at a given time. The $450,000 price is what the property is actually selling for.

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Appraisal Business Contracts Real Estate 82

Appraisal Today

JULY 5, 2024

The rhythm of pool sales basically follows the pattern we see in the entire market. Acre lot, Built in 2021 According to those associated with the Los Angeles property, the place is known as La Fin, which means “the end”—as in, “Once you’ve seen it, your search for the ideal home is over.” My (job) market analysis says yes!

HOA 72

HOA Appraisal Real Estate Contracts 72

AmeriMac

SEPTEMBER 17, 2024

Alternate valuation products are new tools for determining the market value of residential properties. Unlike regular appraisal methods, which mainly consider recent sales data and the property’s features, these products use more data points and different analytical techniques.

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Valuation Real Estate Technology Tools 36

Appraisal Today

FEBRUARY 21, 2025

Highest and Best Use: A Superpower You Already Possess By Byron Miller, SRA High Octane Desert Ranch That Boasts Airplane Hangars, Racetracks, and Custom Dune Buggies Hits the Market in California for $15 Million Fannie Mae and Freddie Macs New Selling Guide Updates: What Appraisers Need to Know. What Data Sources Appraisers Are Using.

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Appraisal Contracts Real Estate Mortgage 52

Appraisal Today

SEPTEMBER 9, 2022

For most Americans, the idea of living in a mansion falls squarely in the realm of the daydream—one perhaps indulged while watching “The Real Housewives of Beverly Hills,” or for those old enough to still hear the unmistakable enunciation of Robin Leach ringing in their ears during an episode of “Lifestyles of the Rich and Famous.”.

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Reconsideration of Value Appraisal Clients Contracts 52

Appraisal Today

NOVEMBER 29, 2024

The recent expansion of appraisal waiver eligibility likely does not sit well with those poised to take on leadership roles in the next Trump administration, as it underscores creep from the GSEs missions. The Market Composite Index, a measure of mortgage loan application volume, increased 6.3 I have heard them.

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Appraisal Business Contracts Real Estate 85

Housing Wire

FEBRUARY 15, 2025

The rule requires lenders to list an inflexible appraisal cost within days of receiving a loan application. If the appraisal ends up costing more, lenders have to eat the expense. Lenders responded by outsourcing the appraisal process to AMCs, which werent subject to the CFPB’s rule.

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Appraisal Valuation Appraisal Process Government 331

Appraisal Buzz

NOVEMBER 25, 2024

The recent expansion of appraisal waiver eligibility likely does not sit well with those poised to take on leadership roles in the next Trump administration, as it underscores creep from the GSEs missions.

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Appraisal Valuation Real Estate Government 369