Appraisal Today

JUNE 21, 2024

FIXATE ON ACTIVES & PENDINGS: A closed sale today doesn’t really tell us about the market today. It tells us more about the trend one month ago when the property got into contract. Where is the market at right now? This is where we want to give strong respect to other similar units that are getting into contract.

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Appraisal Today

JANUARY 19, 2024

After a major interior makeover, the architecturally significant home is in Houston‘s upscale Piney Point Village neighborhood. That’s what makes midcentury architecture so appealing: It brings the outside in.” An example of this in real estate appraisal is the purchase and sale contract. Excerpts: five bedrooms, 4.5

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Appraisal Today

APRIL 12, 2024

Home equity lines of credit (HELOCs): When homeowners apply for HELOCs, lenders may request desktop appraisals to ascertain the property’s value and determine the credit limit without requiring a full appraisal. Managing Investments: For investors who own multiple properties, desktop appraisals provide rapid updates on property values.

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Appraisal Today

MAY 31, 2024

Even though the home is now 90 years old, some of its architectural details are much older. Two appraisers may be working to develop an opinion of the market value of the same property. Let’s call the appraiser’s opinion of the property’s market value the cake. You couldn’t replace it now.” percent from 7.01

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Appraisal Today

FEBRUARY 9, 2024

also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” FHA Handbook 4000.1 Acre lot, built 1929 2551 S.

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Appraisal Today

FEBRUARY 16, 2024

The appraisal process begins with a thorough analysis of market data, focusing on sales of properties that share historical or antique characteristics. This comparative market analysis extends beyond standard parameters like size and location to include age, architectural style, and historical significance. baths, 2,973 sq.ft.,

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Appraisal Today

OCTOBER 20, 2023

Acre lot Situated in the foothills of the Sierra Nevadas, Mountain House stands as a testament to an architectural brilliance and a profound connection with nature. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.70 percent from 7.67 percent from 7.70

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Appraisal Today

OCTOBER 7, 2022

If it had a market value of $345k, it would have listed at $345k!”. “Owning this house is a bit like being a celebrity in very weird, eclectic circles,” he said in a recent interview, noting how architecture students would regularly visit to study the home’s sculptural construction. To read more click here.

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Appraisal Today

JANUARY 27, 2023

By Jamie Owen Excerpts: The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value. Good graphs on fees, turn time, and revision requests.

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Appraisal Today

APRIL 1, 2023

So, don’t say something open ended like: “the intended use is to provide a fair market value of the property.” A kindergarten shaped like a cat, a skyscraper shaped like an elephant, a hotel shaped like a crocodile — these are just a few of the forms that animal-shaped architecture has taken. ” 5.

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Will Springer Realtor

OCTOBER 11, 2022

The local single-family market is riding a similar up-and-down wave, depending on the area. Seattle experienced a 32% (1031) monthly increase in new listings but a 15% (558) decline in homes going under contract, as median prices fell 2.9% ($900,000) since August and remain 5.9% higher compared with last year. Absolutely!

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Appraisal Today

JANUARY 5, 2024

Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. baths An architectural masterpiece designed by World renowned architect Harry Gesner and a wonderful fusion of modern architectural style with Gothic castle.

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Housing Wire

FEBRUARY 19, 2025

Architectural style Floor plan and home layout (i.e, Under contract: Let your clients know what to expect after they go under contract on a home. Let your clients know how the market will impact competition, home values, and the overall buying strategy.

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Appraisal Today

NOVEMBER 16, 2024

On more than one occasion some who have read my appraisal reports felt that my opinion of value was too high. They felt that way because of sales they saw on Zillow that appeared to be comparable and sold for less than my opinion of the market value of the property I appraised. percent from 6.81 percent from 6.98 percent from 6.75

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