McKissock

DECEMBER 14, 2021

The standard residential appraisal report form’s definition of Market Value states in part: “ Implicit in this definition is the consummation of a sale as of a specified date and passing of title from seller to buyer under conditions whereby: buyer and seller are typically motivated…”.

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Market Value Marketing Property Appraisal Appraisal 80

Housing Wire

DECEMBER 10, 2021

So far this year, the company has brought seven non-QM private-label deals to market valued at nearly $2.5 That’s up from 54 deals valued at nearly $18 billion for all of 2020 — a year disrupted by the emergence of the pandemic. “We just see tremendous opportunity.”. billion, according to bond-rating reports.

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Lending Finance Mortgage Government 497

Housing Wire

JUNE 7, 2024

Listings are the life-blood of all successful real estate businesses, but making the leap from working primarily with buyers to working with sellers can be a challenge for many agents early in their careers. This is a good strategy for agents who are looking to work with buyers as well as sellers. Who’s it for? Who’s it for?

Real Estate 468

Real Estate Open Houses Agents Sellers 468

Miller Samuel

MARCH 19, 2019

FPI's apparent belief that most of the high-end development sold ended up as empty pied-a-terres while wealthy buyers bid up the prices is incorrect. That article came out in 2014 right as the housing market was peaking. The market value of these properties will be based on a "comparable sale-based valuation method."

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Real Estate Law Development Investors 370

Housing Wire

MAY 26, 2023

The property is then listed, typically below market value to generate interest in the listing. Unfortunately, it’s just the latest evolution of wire fraud that affects title companies, law firms, lenders, realtors, and home buyers and sellers.” That definitely tipped us off because very few people really live like that.”

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Sellers Real Estate Realtors Real Estate Agent 397

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

The Sales Comparison approach, as the name implies, compares the property being appraised to other properties that a potential buyer might consider as a substitute for buying the property being appraised. What does the appraiser do with the three different values that may be developed?

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Appraisal Development Valuation Market Value 342

Cleveland Appraisal Blog

JUNE 18, 2022

Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g.

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Appraisal Law Development Valuation 312

Appraisal Buzz

SEPTEMBER 12, 2022

However, there’s a definite market need for iBuyers since people need to sell because they face financial distress or immediate moves. There are homeowners in need of the convenience of a quick sale at current market value, and they’re not necessarily focused on obtaining the largest margin for profit.

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Supply Chain Sellers Housing Market Appraisal 195

Appraisal Buzz

SEPTEMBER 20, 2021

This article will pick up where the last one left off, so you will definitely want to read Part 1 of this series before continuing. Since market value is defined as the most probable price (with stipulations, of course), if your distribution is ‘normal’, then each of those measures will point to the same conclusion.

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Sellers Appraisal Inventory Buyers 195

National Association of Realtors

AUGUST 1, 2023

The answer to who can set market value involves buyers, sellers—and the very definition of “value.”

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Home Value Market Value Appraisal Sellers 69

The Robert Weiler Company

APRIL 20, 2021

The process, however, is much less straightforward than the definition. So, how are businesses valued? They are: (1) the asset-based approach; (2) the earning value approach; and (3) the market value approach. The market value approach. The asset-based approach. Choose your multiplier.

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Valuation Business Buyers Market Value 147

AmeriMac

JANUARY 31, 2025

A qualified professional appraiser gives an unbiased estimate of the property’s market value. This value considers different factors to ensure buyers and sellers are treated fairly. Understanding real estate appraisals is crucial in a changing market like New Albany, OH.

Real Estate 36

Real Estate Appraisal Real Estate Agent Valuation 36

McKissock

APRIL 30, 2021

Sales due to a job relocation, estate settlement, foreclosure, or divorce may sell for less than the property’s market value. Remember, in general, market value is defined as the most probable price a property should bring in a competitive and open market. The transaction is between the lender and the buyer.

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Market Value Real Estate Appraisal Sellers 88

Realtor

SEPTEMBER 19, 2023

This usually takes at least a few days — and definitely more than a few hours. Don’t put too much stock in home improvements We’re sure your brand-new kitchen is stunning but don’t be surprised if it doesn’t proportionally raise your home’s market value when it comes to the home appraisals.

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Appraisal Sellers Real Estate Agent Appraisal Process 189

Empire Appraisal Group

AUGUST 8, 2024

The Dangers of Overpricing a Home By Diane Jones Overpricing can scare off buyers, leading a home to be on the market longer. WASHINGTON – It is definitely best to price your home correctly as soon as the listing goes live. You want to create demand where buyers are chasing you instead of you chasing the demand for your home.

Real Estate 78

Real Estate Sellers Buyers Market Value 78

The Robert Weiler Company

MARCH 15, 2021

A Special Purpose Property Definition. Legally speaking, a special purpose property definition can be illustrated as any property that has limited use or marketability in addition to features intended for singular use. If you have a specialty property for sale, you need a specialty property buyer. What Is It Anyway?

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Appraisal Property Appraisal Real Estate Buyers 158

DW Slater Company

JUNE 6, 2022

It was definitely an unbelievable story at the time I saw it. How did this horrific murder impact the value of the home? Do the buyers know that this occurred in the home? percent less than market value, and sat on the market for approximately 47 percent longer than average houses. The Gore House in 2022.

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Real Estate Appraisal Market Value Marketing 171

McKissock

OCTOBER 3, 2021

As a wholesaler, you need to find a property for sale, acquire a contract from the seller, identify a buyer, and assign the contract to him or her. The only costs you have to cover are those for finding a property for sale and for marketing the property to interested buyers. How the fix-and-flip investment strategy works.

Investing 87

Investing Real Estate Real Estate Agent Realtors 87

Appraisal Today

JULY 1, 2023

Highest and Best Use vs. Market Value By Timothy Andersen, MAI Excerpts: There are numerous definitions of market value. For purposes of this monograph, please assume the standard Fannie Mae definition (here by reference). These definitions, prima fasciae, are at odds with each other.

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Appraisal Contracts Market Value Mortgage 89

Portland Appraisal Blog

APRIL 14, 2019

You, the seller, the buyer, the lender—heck, even the mailman, are all shocked the deal has fallen apart. We’ll have to cut price or find another buyer. It’s important to note that we’re in this situation in the first place because we didn’t get a cash buyer. What just happened? 3) Bargaining—I can fix this! It’s not fair.

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Appraisal Reconsideration of Value Agents Market Value 78

Birmingham Appraisal

MAY 21, 2024

Strategies for Evaluating Home Value: What Buyers Need to Know When it comes to purchasing a home, understanding the various factors that affect its value is important. Evaluating home value is essential in this regard. Key Factors For Buyers to Consider 1.

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Home Value Architecture Renovations Real Estate 75

MN Real Estate Services

APRIL 20, 2017

Appraisers use three approaches to value in Appraisal Practice when determining the Market Value of a property: The Sales Comparison Approach. The Sales Comparison Approach is the primary approach used with typical residential situations, but extends beyond that market. The Cost Approach. The Income Approach.

Real Estate 78

Real Estate Appraisal Valuation Market Value 78

Realtor

MARCH 7, 2023

This is definitely the case if you’re considering a USDA loan from the Department of Agriculture. The main criterion is that the home’s market value may not exceed the USDA’s applicable area loan limit.

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Inspection Appraisal Market Value Finance 111

Hank Miller Team

JANUARY 25, 2022

Sure the reflex text book answer is “what a buyer is willing to pay” but that’s hardly the complete picture. A home has a number of “values” and most are not tied to the buyers in the market. Market Value Market value anticipates the “a home should sell for” question. How reliable is it?

Home Value 52

Home Value Market Value Buyers Inventory 52

Padove Appraisal Service

MARCH 17, 2019

The spring real estate market is quickly approaching. This can be good news for both buyers and sellers. It also brings a better selection of homes to buyers. Regardless of overall trends, this chart shows a definite drop in median sale prices during the winter months and a peak during the summer.

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Real Estate Sellers Buyers Appraisal 78

Birmingham Appraisal

SEPTEMBER 26, 2023

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? For buyers, it could mean a potential bargain. There is a difference.

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Real Estate Agent Real Estate Clients Agents 94

Quicken Loans

JUNE 3, 2021

You may already be aware of iBuyers and what they have to offer prospective home buyers and sellers. But for those who want to understand what all the hoopla is about and what it entails for buyers, sellers and agents alike, here’s what you should know. markets, but they’ve been steadily expanding. What Is An iBuyer?

Sellers 55

Sellers Buyers Agents Real Estate Agent 55

Eppraisal

JUNE 14, 2024

Key Components of a CMA: Recently Sold Homes: These provide the most accurate indicator of what buyers are currently willing to pay. Pricing too far above similar active listings can result in your home sitting on the market. Best For: Balanced markets where supply and demand are relatively equal.

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Market Value Buyers Sellers Inventory 36

McKissock

JUNE 8, 2021

Unless there’s an obvious error, it seems “absurd” (silly, irrational, or ridiculous) to me to engage a professional for their opinion, and then pressure them to change it just because their opinion is not the result you wanted to hear.

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Appraisal Contracts Clients Law 73

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 86

McKissock

JANUARY 14, 2022

The negative impacts on the marketability of residential properties caused by odors from pet dander, feces, and urine can be significant factors in the price a buyer is willing to pay. For example: I had an assignment to appraise a 3,500 sq. four-year-old masonry house of well above average quality construction.

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Appraisal Tenants Inspection Market Value 77

Empire Appraisal Group

AUGUST 12, 2021

Be ready to explain to home buyers and sellers why there may be conflicting reports on a home’s livable space. Many characteristics affect the appeal, marketability, and value of a property. The cost approach considers the value of the site and the estimated cost to replace the subject dwelling, less depreciation.

Sellers 78

Sellers Appraisal Development Construction 78

Lamacchia Realty

JULY 22, 2022

Sales are down now due to major mortgage rate increases crushing buyer affordability, and other buyers are pulling out of the home search with concerns of buying at the top of the market. Some buyers made offers when rates were lower and by the time the offer was accepted affordability was reduced with the rise in rates.

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Sellers Buyers Inventory Contracts 74

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.

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Appraisal Reconsideration of Value Insurance Market Value 70

Birmingham Appraisal

AUGUST 23, 2022

Are you curious about the market value of your home? It’s important to remember this because a comp is considered to be a similar but different alternative for a potential buyer. A home with more bedrooms and bathrooms is more marketable and is easier to sell. If so then this post is for you.

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Real Estate Agent Appraisal Real Estate Renovations 89

Assurance Financial

APRIL 29, 2021

If you plan to buy a home or refinance an existing mortgage, you’ll likely encounter mortgage loan terms and definitions that may be unfamiliar — especially if you’re buying a house for the first time. Use the home loan glossary below to get familiar with terms and definitions that might be new to you. Fair Market Value.

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Mortgage Insurance Inspection Sellers 69

McKissock

JANUARY 31, 2023

.” “That we research value, we do not assign it.” ” “The definition of market value.” ” “How value is derived.” ” “Why the price per square foot is not an indicator of value.” The subdivision decides the market value of a home.

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Real Estate Agent Real Estate Agents Appraisal 97