McKissock

JULY 6, 2022

I would recommend including at least property access, financial outcomes, and potential roadblocks from contract to closing. For buyers, they need a clear understanding regarding booking showings and the implied commitment of time that appointments have. They should be educated on loan costs, contract fees, inspection expenses, etc.

Clients 87

Clients Real Estate Contracts Sellers 87

Appraisal Today

AUGUST 30, 2024

AI Appraisals: Embracing the Future Appraisal 5 Enormous Mansions, With Wildly Different Architectural Styles—Priced at Under a Million Bucks Is appraisal accuracy measured by contract price? To read more, Click Here My comments: Amorin’s new book is very well written and understandable.

Appraisal 77

Appraisal Contracts Architecture Mortgage 77

Appraisal Today

AUGUST 23, 2024

Click here —————————————————————————– Review: Residential Property Appraisal Buy This Book!! The book is still relevant in 2024. percent from 6.54 percent from 6.78 percent from 6.49

Appraisal 69

Appraisal Contracts Investors Property Appraisal 69

Appraisal Today

MAY 17, 2024

By Tony Pistilli Excerpts: I recall receiving MLS books once a month and being thrilled that a whole new population of sales were available to be considered within the pages of each book. Each month there was a new book, but every 6 months, there was a combined book with the last 6 months of sales in one bound and printed book.

Tools 65

Tools Appraisal Renovations Design 65

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 percent from 13.3 percent from 6.78

Appraisal 81

Appraisal Contracts Insurance Construction 81

Appraisal Today

SEPTEMBER 15, 2023

This typically happens when an appraiser turns in an appraisal with an appraised value opinion lower than the sale contract price. Richard Hagar, SRA, has a good book on Dave Towne’s comments (and many other client issues): For more info click here == Private money lending – no UAD, computer “reviews”, low fees, etc.

Appraisal 83

Appraisal Real Estate Agent Contracts Real Estate 83

Appraisal Today

AUGUST 30, 2024

AI Appraisals: Embracing the Future Appraisal 5 Enormous Mansions, With Wildly Different Architectural Styles—Priced at Under a Million Bucks Is appraisal accuracy measured by contract price? To read more, Click Here My comments: Amorin’s new book is very well written and understandable.

Appraisal 59

Appraisal Contracts Architecture Market Value 59

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.

Appraisal 75

Appraisal Business Contracts Real Estate 75

Appraisal Today

AUGUST 9, 2024

Market Value and Appraised Value: Exploring Various Appraisal Values By Jo Traut Excerpts: You’ve probably been asked about the difference between “market value and appraised value” by clients seeking a mortgage. We don’t provide an appraised value of a property. percent from 6.82

Appraisal 68

Appraisal Reconsideration of Value Insurance Market Value 68

Hank Miller Team

DECEMBER 14, 2022

Books have been written about it, master classes offered and expressions like “he could sell ice to an Eskimo” coined. If the home goes under contract and the appraisal comes in below contract price, a vendetta is set against the appraiser. The art of persuasion, it’s a beautiful thing.

Appraisal 52

Appraisal Real Estate Agent Contracts Agents 52

Appraisal Today

OCTOBER 6, 2023

This year, for the first time, you can purchase just the book of USPAP standards for $35. Marketing, Forms, Scope of Work, What they Want, Getting names of companies, and many more topics. Valuation By Comparison by Mark Ratterman, MAI Book Review. This covers all Definitions, Rules, and Standards. Well worth it. Everything.

Appraisal 79

Appraisal Contracts Real Estate Mortgage 79

Appraisal Today

NOVEMBER 25, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Graphs and Trendlines, Market Value definition, appraisal forms, unusual homes, mortgage origination stats, etc. ==. Book Review: Residential Market Analysis and Highest and Best Use by Mark Ratterman, MAI, SRA Reviewer: Joe Lynch.

Appraisal 52

Appraisal Market Value Contracts Finance 52

Appraisal Today

JUNE 17, 2022

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. USPAP and the Contract. Excerpt: But USPAP and the contract have a very unique relationship. 8-minute podcast.

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

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.

Appraisal 71

Appraisal Architecture Contracts Design 71

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. percent from 6.52

Appraisal 84

Appraisal Training Contracts Mortgage 84

McKissock

JULY 11, 2022

” Here are two quotes from that article that are still true today: “How credible do you think a current estimate of market value will be if it is based solely on three sales made to low down-payment buyers at the height of the recent feeding frenzy?” The same can’t be said for the other two.

Real Estate 72

Real Estate Appraisal Valuation Inspection 72

Appraisal Today

OCTOBER 25, 2024

Buy his book if you are appraising a stigmatized property or want to know more. I know residential appraisers who used his book to help them appraise stigmatized properties. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained unchanged at 6.52

Appraisal 77

Appraisal Contracts Real Estate Mortgage 77

The Robert Weiler Company

OCTOBER 21, 2022

The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. Question 6: What is the overall commercial real estate appraisal process?

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Today

JULY 1, 2022

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. – Book Review. The average contract interest rate for 5/1 ARMs decreased to 4.64

Appraisal 52

Appraisal Contracts Insurance Real Estate 52

Lamacchia Realty

JUNE 21, 2022

That’s because fewer homes are being placed under contract. This is an incredibly effective way to gain interest in a listing that has otherwise sat on the market without much of a response. In the book Zillow Talk by Spencer Rascoff and Stan Humphries Chapter 15 talks about Pricing. Final Thoughts. They are right.

Housing Market 67

Housing Market Bracketing Marketing Sellers 67

Listing Spark

JUNE 13, 2024

To determine a fair market value, consider getting a Comparative Market Analysis (CMA) report. ListingSpark offers an online “Market Compare” tool for customers. This helps you keep track of appointments and avoid double bookings. This involves a lot of paperwork and legal steps.

Realtors 36

Realtors Open Houses Legal Real Estate Agent 36

Appraisal Today

SEPTEMBER 9, 2022

Mansions, of course, have long played a special role in the American psyche—from Gilded Age monuments to egregious affluence in New York, from futuristic edifices for the West Coast tech elite to the larger-then-life residences of comic book titans Richie Rich, Scrooge McDuck, and Batman. So they are paying investment value, not market value.

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52

Housing Wire

NOVEMBER 22, 2024

“You see more MSRs owned toward the top players, but having said that, what’s healthy about the market is the amount of capital that’s available.” Annaly has built a platform with 608,000 loans, representing $192 billion in unpaid principal value (UPB) and $2.8 billion in market value as of midyear 2024.

Mortgage 418

Mortgage Sellers Buyers Business 418