Simonson Real Estate

JUNE 10, 2020

The sweet spot is not a predetermined number or target, but rather a number that is within a comfortable and reasonable range of value – not too high or too low. This is good for the buyer, the seller, the lender, and the appraiser. These factors affect the seller and lender as well. Bottom Line. Contact him today!

Real Estate 148

Real Estate Appraisal Clients Valuation 148

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. Successful agents create effective and accurate CMA reports that help their clients make informed decisions. Here are the steps you should take to develop your CMA report Step 1.

Marketing 435

Marketing Real Estate Agent Clients Tools 435

Birmingham Appraisal

SEPTEMBER 15, 2022

Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. Appraisers develop an opinion of value for the subject property for various reasons including mortgage underwriting. Appraisal vs Home Inspection.

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Appraisal Inspection Appraisal Process Real Estate Agent 93

The Robert Weiler Company

OCTOBER 21, 2022

If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. The data is then analyzed and used to develop opinions of value. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Empire Appraisal Group

JULY 1, 2021

Don’t tell the appraiser your client needs a certain value, for example. If there is no competition, and you’ve got no supply, that has an influence on the value of that property.”. The appraiser has a scope of work for every lender client, which differs depending on the mortgage product, said Bradley.

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Agents Appraisal Real Estate Realtors 78

Cleveland Appraisal Blog

MAY 27, 2021

While it may seem like many buyers don’t care about what the market value of a home is, I think that we must be careful to not make that assumption. While some may be willing to spend more than market value on a home, in many cases, there is a threshold to the amount a buyer is willing to spend on a home.

Market Value 418

Market Value Appraisal Buyers Marketing 418

Appraisal Today

JULY 1, 2023

When I started fee appraising in 1986, my first client was a small local bank with a few nearby branches. These resources supplement the initial documentation that was released in March 2023 to kick off industry development and preparation for the new appraisal dataset and report. Network to build relationships. Simply ask around!

Appraisal 88

Appraisal Contracts Market Value Mortgage 88

Realtor

AUGUST 1, 2018

Department of Housing and Urban Development. A licensed, HUD-approved appraiser will determine the market value of the home and do a “health and safety” inspection to check for crucial problems such as a crumbling foundation or issues with the mechanical systems. In the end, you might end up having to walk away from the deal.

Inspection 136

Inspection Insurance Buyers Renovations 136

Genworth MI Blog

JUNE 27, 2019

For this reason, if you are not the client, or employed by the client of the appraisal report, the appraiser will politely decline to discuss the appraisal with you. Market Value: In a mortgage appraisal, the appraiser is most likely estimating the market value of the property. A Few Basics. Sign me up!

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78

Genworth MI Blog

JUNE 27, 2019

For this reason, if you are not the client, or employed by the client of the appraisal report, the appraiser will politely decline to discuss the appraisal with you. Market Value: In a mortgage appraisal, the appraiser is most likely estimating the market value of the property. A Few Basics. Sign me up!

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78

PennyMac

JULY 20, 2021

New agents can also often deliver high quality, personalized service as a result of having fewer clients. If you’re selling a property, you’ll also want to make sure your agent is in-the-know on the latest and most effective marketing tactics in the industry. What percentage of your clients are buyers? How many are sellers?

Real Estate Agent 69

Real Estate Agent Real Estate Agents Sellers 69

Realtor

AUGUST 1, 2018

Department of Housing and Urban Development. A licensed, HUD-approved appraiser will determine the market value of the home and do a “health and safety” inspection to check for crucial problems such as a crumbling foundation or issues with the mechanical systems. In the end, you might end up having to walk away from the deal.

Inspection 78

Inspection Insurance Buyers Renovations 78

Cleveland Appraisal Blog

MARCH 30, 2021

Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price. Usually, the information further supports my opinion of value, when I take a closer look. Does this seem healthy to you? Good agents know this.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Houston Properties

MAY 16, 2022

Land value (Median sales price per sq ft) has also jumped by over 25% in that period. The demand is higher and there are good deals to be made both for sellers and buyers of farm and ranch-style homes. Real estate developments in cities and metro areas need to go through a rigid approval process. Get PDF Now. Table of Contents.

Marketing 36

Marketing Real Estate Buyers Realtors 36

Cleveland Appraisal Blog

MAY 13, 2021

And right now, many buyers are forced to bring cash to the table to make up the difference between what the home’s market value is determined to be, and the contract price. It may still be worth it to the buyer to move forward, despite paying more than market value. . THE SELLER’S VIEW.

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Market Value Contracts Appraisal Buyers 298

AmeriMac

MARCH 25, 2021

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. Some states calculate property taxes based on the home’s market value. How Long Does a Home Appraisal Take?

Appraisal Process 36

Appraisal Process Appraisal Property Taxes Buyers 36

AmeriMac

MARCH 25, 2021

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. Some states calculate property taxes based on the home’s market value. How Long Does a Home Appraisal Take?

Appraisal Process 36

Appraisal Process Appraisal Property Taxes Buyers 36

McKissock

SEPTEMBER 1, 2020

There are HP-12C keystrokes for life estates, but in this case, the assignment ended up being a request for market value for his CPA’s needs. In a large development of approximately 300 houses, four of them were on a 99-year land lease with 55 years remaining. Example: Land lease. How do you account for the loss of view?

Appraisal 61

Appraisal Land Lease Valuation Real Estate 61

AmeriMac

MARCH 25, 2021

No matter if you’re planning to put your home for sale or refinancing your mortgage, lenders , sellers, and buyers alike need to get professional appraisers to help determine the real value of a home. Some states calculate property taxes based on the home’s market value. How Long Does a Home Appraisal Take?

Appraisal Process 28

Appraisal Process Appraisal Property Taxes Buyers 28

Cleveland Appraisal Blog

FEBRUARY 17, 2021

If a home needs major repairs, clearly this can have a negative impact on market value. Therefore, if a home is in need of some major repairs, it may be worth having an appraisal completed to see if the market value of the home is lower than the assessed value. The assessor may not be aware of these repairs.

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Appraisal Clients Inspection Market Value 217

Cleveland Appraisal Blog

MARCH 18, 2021

The MLS reflected it as a pending sale with zero days on the market. So, it does not appear to have been exposed to the market. Perhaps the sellers had a pool of buyers looking for homes to buy in this area. My market analysis was reflective of what was taking place in that neighborhood as of the date of the appraisal.

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Appraisal Investors Buyers Market Value 195

Realvals

JUNE 18, 2023

In the first scenario, an appraisal gives you an objective perspective on the property’s value to ensure that you don’t overpay for your new home. I have had many clients that want to make an offer without a contingency, or want to make sure their offer is competitive. The appraisal gives them peace of mind in either case.

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Appraisal Property Taxes Real Estate Market Value 145

McKissock

FEBRUARY 21, 2023

You could simply stop, tell other appraisers you have retired, and invite them to divide up your client base. Invest in your professional development with one-hour, non-credit webinars presented by experts. Buyers and lenders look at what the value of your business is likely to be in the future. View Pro-Series webinars.

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Business Appraisal Real Estate Market Value 77

Appraisal Today

APRIL 12, 2024

Retrospective appraisals, drive-by (exterior inspection) appraisals, and valuations from plans and specifications, are all valuation assignments where an appraiser develops an appraisal opinion without personally inspecting the property. To help you decide if you want to do them. Side-by-side comparisons will help you understand.

Appraisal 80

Appraisal Construction Contracts Architecture 80

McKissock

FEBRUARY 21, 2023

You could simply stop, tell other appraisers you have retired, and invite them to divide up your client base. Invest in your professional development with one-hour, non-credit webinars presented by experts. Buyers and lenders look at what the value of your business is likely to be in the future. View Pro-Series webinars.

Business 52

Business Appraisal Real Estate Market Value 52

McKissock

JUNE 8, 2021

In this case, he was also the client. He ordered appraisals from three different appraisers, and the purchase price was to be the average of the three value opinions. She threatened to turn me in to the State because she said: “It’s against the law for two different appraisers to have different value opinions.”

Appraisal 73

Appraisal Contracts Clients Law 73

Listing Spark

MARCH 20, 2023

It is calculated by taking the net return on investment divided by the estimated market value of the property. In a volatile, unpredictable market, cap rate becomes less useful and investors should consider using internal rate of return instead. [00:19:21]-[00:19:50] 00:36:37]-[00:37:11] “You just can’t. .”

Real Estate 36

Real Estate Investing Marketing Tenants 36

Clear Capital

SEPTEMBER 29, 2021

I mean, like, total disaster of a listing that’s been sitting on the market for months in the midst of a very hot seller’s market. The bummer part is that the seller is like a crabby old man who thinks this house is worth way more than it actually is. So he calls up the seller guy. Jeff Allen.

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Sellers Agents Real Estate Buyers 69