Appraisal Buzz

JANUARY 20, 2025

Let me pause to point out that the data above has a specific pattern by design. Real estate markets are complex, but they do have discernible patterns, because the actions of buyers and sellers are not random. Remember, the Fannie Mae definition of market value begins with the most probable price.)

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Appraisal Real Estate Buyers Market Value 248

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 Today’s non-QM/non-prime loans are underwritten to much higher credit, income and asset standards and involve a range of buyers beyond individuals with credit dings — and even those loans must meet federal Ability to Repay rules.

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Lending Finance Mortgage Government 497

Cleveland Appraisal Blog

OCTOBER 27, 2022

The appraiser will provide your home’s estimated market value in writing afterward. Assume the role of a potential buyer. Here, you get to play the role of a prospective buyer touring the home. You should also provide an attractive environment for your prospective buyer. All of our time is spent at home.

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Appraisal Inspection Buyers Advertising 384

Housing Wire

AUGUST 3, 2023

They repeat the mantra “Home buyers and sellers will always need a real estate agent.” AI models might not account for qualitative aspects like architectural uniqueness, interior design quality or the emotional appeal of a home. will identify which buyers require immediate contact from the listing agent. Chatbots nurture leads.

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Real Estate Agent Real Estate Agents Tools 370

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

Cleveland Appraisal Blog

DECEMBER 10, 2022

As a certified residential appraiser, I can tell you that while some of the things noted in this report can decrease value, they may not, so take these points with a grain of salt. I can tell you that some buyers will certainly agree with these points! Potential buyers may be put off by a home that is carpeted from floor to ceiling.

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Appraisal Buyers Renovations Investing 297

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. Unlike a home inspection, which assesses the physical condition of a property, an appraisal focuses solely on determining its fair market worth.

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Appraisal Inspection Valuation Appraisal Process 78

Boston Appraisal

NOVEMBER 6, 2020

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. A real estate appraisal measures the actions of typical buyers and sellers in the marketplace and rarely do two buyers offer the same exact amount. Brown’s home shut down.

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Appraisal Market Value Real Estate Sellers 148

Cleveland Appraisal Blog

DECEMBER 19, 2021

If you have trouble visualizing their design, request a 3D rendering. By focusing on buyers’ needs, you can get a better ROI and increase the odds that your house sells quickly. This week I leave you with a little video with some tips on home office design. Should You Turst An Algorithm For Your Home’s Value?

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Appraisal Home Improvement Design Modernization 195

Boston Appraisal

AUGUST 4, 2020

The sales comparison approach is designed to compare your property, the subject, with three or more similar properties that have recently sold. The grid below allows an appraiser to compare important features such as the land (called the site), the design or style of the home, the age, condition, rooms and size (called the Gross Living Area).

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Appraisal Real Estate Valuation Market Value 148

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. Financially Feasible.

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Legal Real Estate Retail Market Value 148

D Fritz Appraisals

MAY 13, 2024

Whether selling a cozy condo in the heart of downtown or a sprawling estate in the countryside, having a checklist to sell a house is essential to organizing yourself, maximizing your home’s value, and appealing to potential buyers. Selling a home can be exciting and daunting, but with the proper guidance and preparation (i.e.

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Real Estate Buyers Sellers Appraisal 122

Realvals

JUNE 18, 2023

And third, to prove your property’s worth to potential buyers. They will also analyze local market trends, recent comparable sales, and any unique features your property might have. Armed with this information, you’ll be able to set a competitive price that will attract buyers and maximize the sale.

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Appraisal Property Taxes Real Estate Market Value 145

McKissock

OCTOBER 12, 2021

For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Who might buy it?

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Appraisal Market Value Investors Buyers 84

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

Lamacchia Realty

APRIL 17, 2024

Do Wood Floors Increase Home Value? If you’re thinking about selling your house, one upgrade that can increase your home’s resale value is hardwood flooring. Potential home buyers may be looking for that extra bit of charm that wood floors offer.

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Home Value Buyers Realtors Realty 74

McKissock

MARCH 22, 2022

You must independently determine whether there is sufficient information available to develop a reliable opinion of market value for each individual property. Assess the perceived value by buyers. Just be sure to state in your report that you found the comps in another competing market. Dig deep for comparables.

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Appraisal Design Appraisal Process Market Value 90

McKissock

OCTOBER 1, 2022

Both you and the underwriter must independently determine whether there is sufficient information available to develop a reliable opinion of market value for each individual property. Assess the perceived value by buyers. Free guide: Earn More Green with Green Home Appraisals. Dig deep for comparables.

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Appraisal Design Market Value Buyers 85

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 82

Realtor

MARCH 7, 2023

Though the design, system, and fuel source don’t matter, the unit must provide appropriate temperature control. The main criterion is that the home’s market value may not exceed the USDA’s applicable area loan limit. Operable heating and cooling: The home must have working heating and cooling systems.

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Inspection Appraisal Market Value Finance 111

The Robert Weiler Company

MAY 18, 2022

Though, keep in mind that commercial real estate doesn’t always sell at market value. What a great selling point to a potential buyer! That said, prospective industrial real estate buyers prefer that the property be usable immediately. But you can estimate your ROI based on comparable property sales.

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Real Estate Tenants Retail Investing 148

Listing Spark

JANUARY 5, 2025

Selling a house as-is in Texas means the buyer agrees to buy the home in its current condition, and the seller opts to sell as is without making any repairs. How the as-is clause in Texas can be confusing The as-is clause in Texas can be confusing for both home sellers and potential buyers. What does it mean to sell a home as-is?

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Inspection Sellers Real Estate Agent Contracts 36

McKissock

DECEMBER 21, 2021

Choose a professional designer to prepare the brochure to maximize the features of the home – the difference is astounding. Real Marketing provides just such a service. Firstly, they appeal to a very extensive network of potential affluent buyers as well as marketing strategies that can connect locally, nationally, and even globally.

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Marketing Decorating Training Buyers 86

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. An appraiser’s inspection is comparable to the level of observation conducted by a typical buyer.

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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. An appraiser’s inspection is comparable to the level of observation conducted by a typical buyer.

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Appraisal Tips Appraisal Law Market Value 78

Boston Appraisal

OCTOBER 8, 2022

While appraisers provide an essential service through their reports, this work comes at high costs to the buyer or borrower. Hybrid appraisals are designed to make the appraisal process considerably more cost and time efficient. In recent years, it has become common for lenders to obtain hybrid appraisals.

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Appraisal Inspection Appraisal Process Valuation 135

Boston Appraisal

NOVEMBER 6, 2020

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. A real estate appraisal measures the actions of typical buyers and sellers in the marketplace and rarely do two buyers offer the same exact amount.

Appraisal 78

Appraisal Market Value Sellers Real Estate 78

Lamacchia Realty

APRIL 10, 2024

How this can Decrease Value : Swimming pools can take up most of the yard space and can be expensive to maintain. A property’s value can be negatively affected if the pool is in need of a lot of repairs. For those kinds of buyers, this does add value to the property.

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Law Buyers Renovations Decorating 74

Boston Appraisal

AUGUST 4, 2020

The Sales Comparison Approach The sales comparison approach is designed to compare your property, the subject, with three or more similar properties that have recently sold. The appraiser must add the value of the 552 square feet to make the comparable similar to your property. That is the concept behind the sales comparison approach.

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Appraisal Valuation Real Estate Market Value 78

Birmingham Appraisal

NOVEMBER 20, 2024

This is also something that the appraiser must consider because it reflects the back-and-forth negotiations between buyer and seller. Myth #4: The appraiser is working for the buyer During a home purchase transaction the relationship between appraiser, buyer, and lender is sometimes confusing. The short answer is maybe.

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Real Estate Appraisal Inspection Contracts 91

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?

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Home Value Market Value Buyers Inventory 52

Boston Appraisal

JUNE 24, 2019

Green buildings are defined as properties that use renewable energy and efficient building materials in their operation, construction, and design to create positive impacts on human and environmental health. Property owners are often surprised when the time comes to estimate the fair market value of their green building.

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Appraisal Market Value Real Estate Technology 78

Raleigh Realty

FEBRUARY 19, 2022

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. A home appraisal determines the fair market value of a home. As a buyer, you're entitled to a copy of your appraisal report promptly and no later than three days before your closing date.

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Appraisal Process Appraisal Construction Sellers 139

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.

Legal 78

Legal Real Estate Retail Market Value 78

Birmingham Appraisal

AUGUST 14, 2024

Before the crash, this increase in the size of houses reflected the buyer’s desire for larger homes and the lender’s willingness to loan money for new construction. 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

Birmingham Appraisal

MAY 1, 2024

These types of improvements can help buyers choose your home over another similar one that may not have the same pop that yours does. Maintenance improvements can have a stronger impact on the marketability of your home because buyers may look at a home that has a new roof or HVAC system and factor this into the equation.

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Renovations Appraisal Real Estate Agent Construction 88

Birmingham Appraisal

OCTOBER 9, 2024

Today, I’ll share with you seven common reasons why a home may not be selling and offer actionable steps to improve your chances of finding a buyer. Plus, I’ll share how an appraiser can be a valuable partner in helping you price and market your listing more effectively.

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Buyers Appraisal Agents Sellers 69