Appraisal Today

AUGUST 9, 2024

Understanding Market Value Market value is the most frequently sought value in real property appraisals and can have various definitions. Most often, it is defined as the most probable price a property should sell for under typical conditions. Read on blog www.appraisaltoday.com/blog Posted by noon Friday.

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Appraisal Reconsideration of Value Insurance Market Value 68

Simonson Real Estate

JULY 10, 2020

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.

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Appraisal Process Appraisal Market Value Tenants 148

McKissock

SEPTEMBER 15, 2020

Failure to disclose significant real property appraisal assistance is another common violation. Believe it or not, sometimes trainees/applicants will send in the appraisal reports, and the trainee is not mentioned in the reports as having providing significant real property appraisal assistance. Written by Dan Bradley.

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Appraisal Property Appraisal Real Property Law 52

Appraisal Today

NOVEMBER 20, 2022

Many thanks to Ryan Lundquist’s 2020 blog post for the very appropriate image above! To read more of this long blog post with many topics, click Read More Below!! Failure to analyze the sales history of the subject property. Failure to disclose significant real property appraisal assistance.

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Appraisal Today

DECEMBER 2, 2022

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. 4 ways to get only the FREE email newsletters.

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Appraisal Agents Real Estate Real Estate Agent 82

Simonson Real Estate

DECEMBER 6, 2022

Leased Fee Interest – Defined as the ownership interest held by the landlord, which includes the right to receive the contract rent specified in the lease plus the reversionary right when the lease expires. When a property has longer term leases in place, even at market rates and terms, the interest appraised is typically leased fee.

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Appraisal Process Real Estate Appraisal Renovations 78

McKissock

AUGUST 11, 2020

Changing the appraised value simply for the purpose of meeting the contract sales price is not a good reason. Such an act might appear to make everybody happy, e.g., the lender/client gets to make a loan, the real estate agent gets a commission, the buyers get the house, etc. It has been updated slightly. Written by Dan Bradley.

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Appraisal Clients Real Estate Law 64

Appraisal Today

SEPTEMBER 1, 2023

NOTE: Please scroll down to read the other topics in this long blog post on MLS hacked, Wells Fargo discrimination, unusual homes, mortgage origination = $274K Bedford, Pennsylvania Mansion Comes With Its Own Jail Excerpts: 5 bedroom, 1.5+ The average contract interest rate for 15-year fixed-rate mortgages remained unchanged at 6.72

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Appraisal Contracts Mortgage Real Estate 80

The Robert Weiler Company

SEPTEMBER 7, 2022

Consider this: Central Ohio homes under contract in June 2021 proved to be the best for the month and a record high for any month, ever! Offer a Land Contract: What is a land contract? A land contract is a legal agreement used to purchase real estate through owner financing. Don’t believe it’s time to sell?

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Marketing Real Estate Investing Retail 78

Appraisal Today

JUNE 24, 2022

With many water fronting properties, the topics of “riparian and/or littoral rights” (and the “prior appropriation doctrine” in the western states) come into play, along with several other issues. Those topics are fodder for other lengthy blog posts all by themselves. The average contract interest rate for 5/1 ARMs increased to 4.78

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Appraisal Contracts Mortgage Easement 52

Appraisal Today

SEPTEMBER 22, 2023

When I started in this business long ago, there was no such thing as a licensed appraiser or a certified real property appraiser. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.31 The average contract interest rate for 5/1 ARMs decreased to 6.42

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Appraisal Training Inspection Real Estate 88

Hood Homes Blog

SEPTEMBER 23, 2019

SELLER’S DISCLOSURE OF PROPERTY CONDITION. (a) In the Contract. Usually, the listing agent uploads the seller’s disclosure to the MLS with the property listing so that it is immediately available to the buyer’s agent to send to the buyer. Texas Seller’s Disclosure Law. The Fort Hood Inspection.

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Inspection Sellers Law Agents 54

McKissock

JULY 24, 2020

Editor’s note: This blog post was originally posted on November 6, 2018. He has been a practicing real property appraiser since 1987, and has been instructing and authoring appraisal courses since 1992. He has also has served as a contracted expert witness appraisal reviewer for the Pennsylvania Department of State.

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Appraisal Law Government Real Estate Agent 53

The Robert Weiler Company

OCTOBER 15, 2021

Another mistake – perhaps one of the more obvious (and, consequently, most detrimental) mistakes – is contracting the commercial property for sale in your personal name. Failing to confirm the commercial property’s compliance with building codes and regulations. retirement accounts) can be included as fair game in a lawsuit.

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Appraisal Today

SEPTEMBER 9, 2022

To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on Value Reconciliation, non-lender appraisals, liabililty, USPAP, unusual homes, mortgage origination stats, etc. =. No ads in the blog post. and NOT the ad-only emails.

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Reconsideration of Value Appraisal Clients Contracts 52

Appraisal Today

OCTOBER 27, 2023

This satisfies the affordable housing element,” Al Salguero, real property division manager at the Orange County Assessor’s Office, told the publication. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.90 percent from 7.70 percent from 7.56

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Property Appraisal Appraisal Business Contracts 73