Town & Country Residential Appraisals

APRIL 10, 2023

Fannie Mae recently announced in their recent Selling Guide (SEL-2023-02) update that “as part of the valuation modernization” they are transitioning to a “range of options to establish a property’s market value”. You can read the full letter and blog post at [link] Wait a minute… read that again!!!

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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or a galley kitchen does not align with current market preferences for homes of a similar age, it might be considered outdated and impact marketability.

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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.” So is the right price to pay $150,000 (market value after renovations) – $90,000 (estimated cost to cure) = $60,000?

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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 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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Birmingham Appraisal

NOVEMBER 14, 2023

Agents and appraisers are not that different in their desire to determine an accurate market value for a property. Therefore, when searching for comps, agents should factor in the impact of the local school system on property values. Today I thought I would share the search criteria I use and the reasons for each of them.

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Birmingham Appraisal

AUGUST 30, 2023

A Look at Why Your Home May Not Appraise for The Expected Value When it comes to selling or refinancing your home, one of the crucial steps is the appraisal process. Appraisals determine the market value of your property, which affects your ability to secure a loan or make a profitable sale.

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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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The Robert Weiler Company

JULY 6, 2021

With the emergence of factories, production efficiency, and mass manufacturing, industrial space for rent became the backbone that supports today’s modern cities. Amazon is the iconic frontrunner when it comes to the future of modern distribution and smart warehouses. They include showrooms, laboratories, and office space.

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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 65

Birmingham Appraisal

OCTOBER 9, 2024

An appraiser can provide an unbiased valuation based on market conditions, comparable sales, and the unique characteristics of the property. By aligning the price with its true market value, you make the home more competitive and attractive to buyers who are already watching their budgets.

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Buyers Appraisal Agents Sellers 69

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. Read on blog www.appraisaltoday.com/blog Posted by noon Friday.

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Appraisal Contracts Mortgage Design 66

Birmingham Appraisal

AUGUST 14, 2024

This demographic shift has encouraged builders to focus on creating functional, well-designed homes that cater to the needs of modern families, ultimately leading to a noticeable trend toward smaller homes in the Birmingham market. appeared first on Birmingham Appraisal Blog. The post Are New Homes in Birmingham Getting Smaller?

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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 Lee Miller.

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Appraisal Today

JANUARY 20, 2023

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. To read more of this long blog post with many topics, click Read More Below!! What is happening in your market? MLS info can be unreliable.

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Appraisal Contracts Sellers Business 52

Appraisal Today

FEBRUARY 16, 2024

NOTE: Please scroll down to read the other topics in this long blog post on appraiser fights back against bias accusation, ok behavior when taking Zoom CE classes, estate appraisal liability issues, unusual homes, mortgage origination stats, etc. = Read on blog www.appraisaltoday.com/blog Posted by noon Friday. built in 1971, 0.34

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Appraisal Today

JUNE 17, 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 real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. My Comments on Market Changes. Real estate market? ==.

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Birmingham Appraisal

AUGUST 2, 2023

Whether you are a homeowner seeking the market value of your home for personal reasons or an agent who requires a pre-listing appraisal, a proficient appraiser should be able to communicate their findings clearly and address any questions or concerns you may have. If you liked this post subscribe by email (or RSS feed ).

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Appraisal Agents Valuation Real Estate 76

Appraisal Partners Blog

NOVEMBER 27, 2019

The best thing to do is to gain yourself an opinion of market value that’s wholly impartial. Information like this could help you to improve or modernize in the future. Doing so may increase the value of the property, should you need to sell at any point. A professional appraisal report can help you to gain just that!

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Appraisal Sellers Realtors Valuation 78

Appraisal Today

JANUARY 27, 2023

Appraisal Business Tips Humor for Appraisers 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 unusual homes, mortgage origination stats, etc. Are you ready for the changes? Get the facts!!

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Appraisal Contracts Transportation Real Estate 52

Will Springer Realtor

JULY 8, 2022

equities suffered their worst first-half performance since 1970, with the S&P 500 entering bear market territory by losing 21% of market value from the start of the year to July 1. The tech-heavy Nasdaq has been hit especially hard, having lost 31% of its value since reaching an all-time high last November. .

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Appraisal Today

JANUARY 5, 2024

NOTE: Please scroll down to read the other topics in this long blog post on New CA bias classes, 2024 New Years resolutions, 2024 goals, unusual homes, mortgage origination stats, etc. Modern Montauk NY ‘Tree House’ Offers Sweeping Oceanfront Views for $7.5M Modern Montauk NY ‘Tree House’ Offers Sweeping Oceanfront Views for $7.5M

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Appraisal Contracts Business Legal 76

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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Will Springer Realtor

OCTOBER 11, 2022

This includes an appraisal contingency to virtually guarantee the purchase is at market value. If you don’t mind seeing the neighbor’s house nearby , there are peek-a-boo Lake Washington views and stunning, modern designs inside and out. Living the Dream is both the name of this newsletter and my real estate blog.

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Will Springer Realtor

MARCH 11, 2024

Read more on this year’s legislative session in a blog post, to be published on March 19: Washington Legislators Drive Home More Real Estate Measures in 2024 BY THE NUMBERS >> Residents in Seattle metro (King and Pierce counties) need to earn $215K a year to afford a typical home, Axios reports. . >> in Q3 to 53.5%

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Will Springer Realtor

SEPTEMBER 11, 2024

Equity rich means that the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market values. Those modern beauties include some 3100 units. 2-story Redmond home says it all: “Modern Zen Masterpiece!” The Living the Dream blog never sleeps! bath , 6690 sq.

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