Appraisal Today

NOVEMBER 1, 2024

Let’s dive into appraising kitchens and how the room impacts market value. Functional Obsolescence and Price Point If a back corner kitchen or a galley kitchen does not align with current market preferences for homes of a similar age, it might be considered outdated and impact marketability.

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Appraisal Training Contracts Mortgage 91

Appraisal Partners Blog

JANUARY 20, 2025

Whether you’re buying, selling, or refinancing, an appraisal plays a vital role in determining the true market value of a property. Final Value Conclusion: The appraiser will provide a conclusion as to the fair market value of the property. The appraisal report will justify which approach was used.

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Appraisal Inspection Valuation Appraisal Process 78

Appraiserblogs

FEBRUARY 28, 2023

By design, his paper was strewn with nonsense. Related Posts: The Real Cause of the Home Value Gap Is the Income Gap Blaming appraisers for the income gap will never solve the real underlying problem. .”… Almost 30 years ago, Alan Sokal, now a professor of mathematics at University College London, perpetrated a memorable hoax.

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Home Value Appraisal Design Government 100

Genworth MI Blog

JUNE 27, 2019

Market Value: In a mortgage appraisal, the appraiser is most likely estimating the market value of the property. Market value has some key elements that we must understand. Design Style – Sales with similar overall design and appeal. Age of Sale Date – Sales within 12 months. Sign me up!

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Appraisal Tips Appraisal Law Market Value 78

Genworth MI Blog

JUNE 27, 2019

Market Value: In a mortgage appraisal, the appraiser is most likely estimating the market value of the property. Market value has some key elements that we must understand. Design Style – Sales with similar overall design and appeal. Age of Sale Date – Sales within 12 months. Sign me up!

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Appraisal Tips Appraisal Law Market Value 78

McKissock

OCTOBER 12, 2021

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” The uniquely designed roof needs immediate replacement. Want to contribute to our blog? ” Case in point.

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Appraisal Market Value Investors Buyers 84

Appraisal Today

FEBRUARY 28, 2025

At its core, real estate appraising involves the due diligence necessary to form a credible opinion of the market value of a particular property.This requires a deep understanding of the appraisers local real estate market, as well as of the physical, legal, and economic factors that influence property values in it.

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Appraisal Real Estate Contracts Training 56

Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property. Twitter: [link] posted by noon Friday 2.

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Appraisal Real Estate Real Estate Agent Contracts 85

Birmingham Appraisal

NOVEMBER 20, 2024

It’s been several weeks now since I’ve blogged and to be honest I’ve missed it. Blogging provides me a creative outlet to help educate the public on the appraisal process. If you had told me in 2010 that I would still be writing my appraisal blog 14 years later I would have said you were crazy, but here I am.

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Real Estate Appraisal Inspection Contracts 91

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 Construction Contracts Architecture 86

Appraisal Today

JUNE 21, 2024

NOTE: Please scroll down to read the other topics in this long blog post overpriced homes, appraising 3,000 years ago, AMCs good bad ugly, unusual homes, mortgage origination stats, etc $85M Oceanfront Legacy Estate in the Hamptons (NY) Excerpts: 10bedrooms, 12.5+ To read more, Click Here My comments: Read this blog post.

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Appraisal Architecture Contracts Design 78

Appraisal Today

JULY 1, 2023

NOTE: Please scroll down to read the other topics in this long blog post on new online Fannie forms, highest and best use, real estate market, unusual homes, mortgage origination stats, etc. Famed Rotating Home in California On the Market for $5.3M How can market value be a function of price since price is not value?

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Appraisal Contracts Market Value Mortgage 93

Boston Appraisal

SEPTEMBER 22, 2020

When an appraiser is working for a purchase/developer/client, they can project the actual, or even future, market value of a property after its transition into a new use. Once a new zoning designation is applied to the property, it becomes legally permissible to transition to another use.

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Legal Real Estate Retail Market Value 78

Birmingham Appraisal

MARCH 26, 2025

Design and appeal A home that is very unique in its design and appeal may not compare well with a more traditional home. Appraisers prioritize: Arms length transactions Sales between unrelated parties at market value. Private or Off-Market Sales They can be used, however, the terms of sale should be verified.

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Agents Appraisal Reconsideration of Value Real Estate Agent 58

Appraisal Today

MAY 17, 2024

NOTE: Please scroll down to read the other topics in this long blog post on Geographic Data and Comps, effect of renovation on value, very low foreclosures now, current real estate market, unusual homes, mortgage origination stats, etc. = = $99.5M Read on blog www.appraisaltoday.com/blog Posted by noon Friday.

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Tools Appraisal Renovations Design 71

D Fritz Appraisals

NOVEMBER 16, 2023

A home appraisal is a legal document that determines fair market value for a property. For more information on what a home appraisal inspection consists of and how value is determined, see our previous blog post – ‘Home Appraisals – What They Look For.’ What is an Appraisal, and Who Pays for it?

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Appraisal Inspection Appraisal Process Legal 108

Boston Appraisal

NOVEMBER 6, 2020

But what could be the cause of the lower than anticipated value? Reason #1: The Range of Value The primary reason appraisals differ is because, in reality, real estate appraisals are designed to provide a range of value rather than one set price. That accepted purchase price becomes the “market value” of the property.

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Appraisal Market Value Sellers Real Estate 78

Appraisal Today

MAY 31, 2024

NOTE: Please scroll down to read the other topics in this long blog post on HUD bias Complaints, E&O insurance, home fire insurance, unusual homes, mortgage origination stats, etc = Can Fresh Staging and a Big Price Drop Help Sell This Grand Mansion in Lake Forest, Illinois? Read on blog www.appraisaltoday.com/blog Posted by noon Friday.

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Appraisal Insurance Contracts Architecture 72

Genworth MI Blog

JULY 16, 2020

Of course, since condition, quality and features are commonly understood to be influential to the market value of the property, there is risk that misrepresented, fraudulent, or strategically selected photographs could result in an inflated appraised value.

Appraisal 84

Appraisal Inspection Real Estate Agent Market Value 84

Birmingham Appraisal

AUGUST 14, 2024

In addition to the financial crash in 2008/2009 and changes in interest rates, other factors have affected home design, including technological advancements and family dynamics. The Birmingham, Alabama real estate market has experienced significant shifts over the past few decades that have influenced home size trends.

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Bracketing Construction Design Real Estate 62

Appraisal Today

AUGUST 16, 2024

It’s also essential to review the condo declarations and bylaws, inquire about pending critical repairs (whether known by the association or observed), and evaluate the impact on the market value of any special assessments related to these repairs. The lair was finished in 1992 and is now on the market for the first time ever.

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Appraisal Contracts Mortgage Design 78

Birmingham Appraisal

MAY 2, 2023

In this blog post, we will discuss the benefits of a retrospective appraisal for estate and tax purposes for the heirs of an estate. 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. How Does a Retrospective Appraisal Work?

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Appraisal Market Value Inspection Real Estate 52

Birmingham Appraisal

MAY 1, 2024

While an appraiser can provide you with the value of the house after the improvements are made a real estate agent would probably be the best person to speak with about current design and fashion trends. Conclusion I hope my discussion on the impact of renovations on the market value of your home has been helpful.

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Renovations Appraisal Real Estate Agent Construction 88

Appraisal Today

JANUARY 19, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, and types of bias, Scams on black homes, unusual homes, mortgage origination stats, etc. In and of itself, it is not market value. Read on blog www.appraisaltoday.com/blog Posted by noon Friday. baths, 5,550 sq.ft.,

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Appraisal Contracts Real Estate Architecture 81

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. Unlike value, price is not an opinion. What is Sale Price? It is a fact.

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Appraisal Business Contracts Real Estate 82

The Robert Weiler Company

MARCH 15, 2021

Today, it is in the aforementioned neighborhoods that a special purpose property – buildings designed for one specific use – are being repurposed for new ventures. And, they too, face a variety of challenges unique to their designation. For instance, the property’s layout may be distinctive or it the building’s design one-of-a-kind.

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Appraisal Property Appraisal Real Estate Buyers 158

Genworth MI Blog

JULY 16, 2020

Of course, since condition, quality and features are commonly understood to be influential to the market value of the property, there is risk that misrepresented, fraudulent, or strategically selected photographs could result in an inflated appraised value.

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Appraisal Inspection Real Estate Agent Market Value 78

Appraisal Today

SEPTEMBER 15, 2023

The architectural design avoids lines and straight angles to establish the idea of continuous fluidity. Properties sold due to a job relocation, estate settlement, foreclosure, or divorce may sell for less than market value. Therefore, the final price may not reflect the market value of the property.

Appraisal 90

Appraisal Real Estate Agent Contracts Real Estate 90

The Robert Weiler Company

JULY 6, 2021

Research : Also coined in the industry as “flex,” flex space is utilized for research and development to design new products. Additionally, not all types of industrial space for rent are permissible within an industrial zone; area designation is often specific to the function of the building and dictated by municipal codes and rules.

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Logistics Tenants Real Estate Modernization 147

Listing Spark

JANUARY 5, 2025

In this blog post, well go over the pros and cons of selling as-is in Texas. Well discuss these throughout this blog post. In fact, almost every purchase contract in Texas has the buyer agreeing to buy as-is by design. In Texas, there are a few things you need to know about selling your home as-is. How can that be possible?

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Inspection Sellers Real Estate Agent Contracts 36

Appraisal Today

AUGUST 2, 2024

Read on blog www.appraisaltoday.com/blog Posted by noon Friday. You can subscribe to the blog in the upper right of each blog page. NOTE: the popular ads with liability tips are below the first topic on my blog posts. The newsletters have abbreviated titles, taken from their blog posts.

Appraisal 82

Appraisal Law Valuation Contracts 82

Appraisal Today

OCTOBER 20, 2023

NOTE: Please scroll down to read the other topics in this long blog post Modular Homes Data Plates, ADU income, Pickleball courts and other interesting home improvements, , unusual homes, mortgage origination and more! The Unique Mountain House in Nevada City, CA listed for $3.3 million 3 bedrooms, 2 baths, 2,281 sq.ft, built in 2008, 21.23

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Appraisal Design Contracts Inspection 80

Appraisal Today

FEBRUARY 16, 2024

She designed more than 700 buildings in California during a long and prolific career. No effect on value. I appraised many of them, but never noticed any effect, plus or minus, for historic designation. You need to know the market. Read on blog www.appraisaltoday.com/blog Posted by noon Friday.

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Appraisal Contracts Training Architecture 89

Padove Appraisal Service

JANUARY 14, 2018

Many people envision a list of improved items with predetermined relevancy, along with a specific dollar value assigned to each of those items. I will explain in this blog entry why that is not feasible, or reliable approach. These sales provide insight into actual market reactions. This is never an easy question.

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Home Improvement Appraisal Construction Renovations 78

Birmingham Appraisal

JUNE 19, 2024

Real-Life Applications of Confidentiality in Appraisal Let’s consider a few scenarios where confidentiality plays a critical role in the appraisal process: Mortgage Refinancing- When refinancing your mortgage, the lender will require an appraisal to determine the current market value of your property.

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Appraisal Appraisal Process Clients Real Estate 83

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 Contracts Insurance Construction 89

Raleigh Realty

FEBRUARY 19, 2022

A home appraisal determines the fair market value of a home. If you enjoyed this, keep checking our blog for more on homes and homeownership in the Raleigh area. Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller.

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Appraisal Process Appraisal Construction Sellers 139