Walitt Solutions

MAY 24, 2024

One of those common scenarios goes like this: I completed an appraisal and transmitted the appraisal report to the client for a purchase appraisal. My market value conclusion came in below the purchase contract price. The client wants me to change my report to show the new amended contract price!

Contracts 74

Contracts Appraisal Clients Market Value 74

McKissock

AUGUST 13, 2021

For a typical “as-is” Market Value assignment with a straightforward contract with no contingencies or conditions, there is probably nothing that an appraiser actually needs to see. If a property appraises for $200,000 for a refinance, then it is still a $200,000 property for a sale transaction.

Contracts 64

Contracts Appraisal Market Value Real Estate 64

DataMaster

JUNE 15, 2023

The purchase of real property for the purpose of investment is not new. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. Lenders and clients will be looking for an appraisal to secure a loan on the STR. What do short-term rentals mean for appraisers?

Appraisal 148

Appraisal Tenants Investors Business 148

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

The appraiser will determine which of the values is most appropriate and reflective of demonstrating the market value of the property being appraised. Once this happens, the appraiser will explain which approach to value was given the most weight, or consideration, and why. Lenders are not value experts.

Development 337

Development Appraisal Valuation Market Value 337

McKissock

SEPTEMBER 10, 2020

Again, an appraiser looking to specialize in these property types, should become very familiar with the ongoing litigation related to properties with intangibles. Special purpose property tips. Before you accept a review appraisal assignment for a special purpose property, here are some tips to guide your decision: 1.

Appraisal 54

Appraisal Valuation Real Estate Design 54

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.

Appraisal 68

Appraisal Reconsideration of Value Insurance Market Value 68

Cleveland Appraisal Blog

JANUARY 19, 2023

The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value.

Appraisal 283

Appraisal Transportation Buyers Real Estate 283

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?

Appraisal 75

Appraisal Business Contracts Real Estate 75

DataMaster

JUNE 15, 2023

The purchase of real property for the purpose of investment is not new. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. Lenders and clients will be looking for an appraisal to secure a loan on the STR. What do short-term rentals mean for appraisers?

Appraisal 78

Appraisal Tenants Investors Business 78

Empire Appraisal Group

JULY 1, 2021

Don’t tell the appraiser your client needs a certain value, for example. a residential real estate appraisal firm based in St. “If If there is no competition, and you’ve got no supply, that has an influence on the value of that property.”. Let them know how many offers came in. Different Appraisal Requirements.

Agents 78

Agents Appraisal Real Estate Realtors 78

Town & Country Residential Appraisals

JULY 25, 2022

Over the years, I have encountered a lack of confidence by clients and/or other parties to a transaction when a trainee is involved, especially when it comes to the portion of the process that is the observations of the actual real estate.

Real Estate 58

Real Estate Training Appraisal Inspection 58

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

The two basic licenses are Certified Residential Real Property Appraiser and Certified General Real Property Appraiser. The references should be current or previous clients, and at least one should be from the community. Ask an appraiser about their education and licensing.

Real Estate 36

Real Estate Appraisal Valuation Loan Officers 36

Valuation Nation

AUGUST 2, 2021

As the author of these blogs is an appraiser, and this deals with the largest real property valuation organization in the country, I thought it may be apropos to style this blog after an appraisal review. Client and Intended user(s): the appraisal profession and stakeholders thereof.

Appraisal 40

Appraisal Design Development Legal 40

Appraisal Today

SEPTEMBER 9, 2022

Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. Click here to listen to Tim Andersen, MAI’s podcast, “Reconsiderations of Value: Satan’s Own Seed, Right?”

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52