McKissock

OCTOBER 23, 2020

Construction faults. These cases often require appraising the damage caused by incorrect construction techniques or similar problems. This could be for estate or probate cases, and often involves determining a retrospective market value if a taxpayer neglected to obtain an appraisal when property was inherited.

Appraisal 77

Appraisal Insurance Legal Development 77

Empire Appraisal Group

FEBRUARY 9, 2023

County and municipal governments have to meet federal guidelines for area homeowners to qualify for policies under the National Flood Insurance Program. The Lee County homebuilder points to a rapid raise in construction costs due to the COVID-19 pandemic’s effect on supply chain. The family also has flood insurance.

Insurance 78

Insurance Supply Chain Law Government 78

Birmingham Appraisal

MAY 1, 2024

The scope of work includes the materials of construction as well as the changes that will be made to a house. Some of the key factors an appraiser considers when performing this type of appraisal include the functional utility of the home, the amount of heated and cooled square footage, and the materials and quality of construction.

Renovations 88

Renovations Appraisal Real Estate Agent Construction 88

Appraisal Partners Blog

FEBRUARY 9, 2025

A home appraisal is an unbiased, professional opinion of a property’s fair market value. For Sellers: An appraisal can help sellers set a realistic asking price, attracting potential buyers and avoiding overpricing, which can lead to a prolonged time on the market. For Insurance Purposes: The value needs to be accurate.

Appraisal 78

Appraisal Property Taxes Inspection Sellers 78

McKissock

OCTOBER 1, 2022

Bottom line: If the home is going to be financed by a lender, insured by FHA, or sold on the secondary market, you must make sure you compile a fair, thorough report to ensure that the lender doesn’t take a loss. These appraisals take more time and effort, therefore you should charge more for them.

Appraisal 85

Appraisal Design Market Value Buyers 85

Appraisal Today

APRIL 12, 2024

Home equity lines of credit (HELOCs): When homeowners apply for HELOCs, lenders may request desktop appraisals to ascertain the property’s value and determine the credit limit without requiring a full appraisal. Managing Investments: For investors who own multiple properties, desktop appraisals provide rapid updates on property values.

Appraisal 78

Appraisal Construction Contracts Architecture 78

Appraisal Partners Blog

JANUARY 18, 2025

Commercial appraisals are not merely about determining the market value of a building; they are about assessing the economic potential and risks associated with that property. This method involves projecting future income, subtracting operating expenses, and then applying a capitalization rate to calculate value.

Investors 78

Investors Appraisal Business Tenants 78

The Robert Weiler Company

JULY 6, 2021

They have usually been constructed over 20 years ago and require renovation at this point. Within a particular area, zoning ordinances dictate which industrial activities can occur and what kinds of properties can be constructed or operated. These costs include insurance, utilities, maintenance, and repair costs.

Logistics 147

Logistics Tenants Real Estate Modernization 147

East Coast Appraisal

JULY 27, 2023

After collecting the necessary data, the appraiser performs a thorough analysis to determine the subject property's market value. This estimated value represents the subject property's market value as of the appraisal's effective date. To arrive at an accurate value, the appraiser must account for depreciation.

Valuation 52

Valuation Real Estate Market Value Property Taxes 52

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 No more dirt roads for me! =

Appraisal 81

Appraisal Contracts Insurance Construction 81

Lamacchia Realty

MAY 19, 2023

These batches were used in thousands of foundations for new construction homes. To add insult to injury, insurance doesn’t cover it. People may often say that no price is too high ensure the safety of their families, but when the cost of repair is almost equal to the value of the entire home, this just isn’t feasible for many.

Sellers 69

Sellers Buyers Government Insurance 69

Housing Wire

JANUARY 19, 2025

The home insurance crisis has entered a new phase Climate change has forced home insurance companies to retreat from areas that are increasingly prone to natural disasters, and California is chief among them because of the risk of wildfires. This will force homeowners to either pay more monthly or go without insurance.

Property Taxes 397

Property Taxes Insurance Valuation Transportation 397

AmeriMac

JUNE 15, 2024

Key Highlights Real estate investment properties require accurate appraisals to determine their market value and potential return on investment. Making improvements to the property can positively impact its appraisal value and attract potential buyers or tenants.

Property Appraisal 36

Property Appraisal Investing Appraisal Property Taxes 36

D Fritz Appraisals

SEPTEMBER 19, 2019

A home or house appraisal is a third-party report written by a professional appraiser who visits the property and does market research to analyze how much the house is worth in today’s market. An appraisal report informs homeowners, home buyers, and mortgage lenders on the market value of the home.

Home Value 78

Home Value Appraisal Real Estate Agent Tools 78

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 commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Hank Miller Team

NOVEMBER 22, 2022

In brief (operative word), an appraisal is an estimate of the current market value of a home completed by an appraiser using set evaluation criteria. Continuing education, ethics, USPAP, liability insurance, and other requirements are in place. What is a Real Estate Appraisal?

Inspection 52

Inspection Appraisal Buyers Sellers 52

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. You can read more about property inspection waivers in a past article I wrote. Appraisal vs Home Inspection. in addition to taking pictures.

Appraisal 98

Appraisal Inspection Appraisal Process Real Estate Agent 98

Listing Spark

FEBRUARY 9, 2023

A home appraisal is a process in which a licensed appraiser analyzes your property and determines the fair market value of your home. People typically use an appraisal to validate the value of a home or property for real estate transactions between buyers and sellers, or if homeowners are refinancing their mortgage.

Appraisal 36

Appraisal Sellers Market Value Contracts 36

AmeriMac

APRIL 15, 2023

Uses of Commercial Property Appraisals A commercial property appraisal is a process of determining the real estate market value of a commercial property. These appraisals are typically needed to establish market values for property buying and selling, property tax assessments, and loan amounts.

Real Estate 36

Real Estate Appraisal Valuation Property Taxes 36

Appraisal Today

JULY 1, 2022

Excerpt: What’s the difference between a newly constructed home and a hundred-year-old home? 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.

Appraisal 52

Appraisal Contracts Insurance Real Estate 52

Property Metrics

DECEMBER 10, 2021

Construction Exchange : In a Construction Exchange, an investor sells the relinquished property, identifies a replacement property, and places it into the hands of a third-party known as a Qualified Intermediary (QI). 1031 Exchange Rules. No “Boot” : Boot refers to any non-like kind property received in a 1031 exchange.

Investors 36

Investors Market Value Investing Real Estate 36

Appraisal Today

FEBRUARY 16, 2024

In my city of 78,000 population, there are over 10,000 buildings constructed prior to 1930, including many classic Victorians. the price of the Naples compound was justified not only because of the size, location, and yacht basin, but also because it would be difficult to construct such a property again. ” 5.

Appraisal 81

Appraisal Contracts Training Architecture 81

PennyMac

AUGUST 31, 2024

It protects both the buyer and lender's investment by independently assessing the property's value. The appraiser — a neutral third party — uses comparable property sales and key features of the house to determine its market value. Loan Approval and Documentation Before you can close, you will need to have secured financing.

Inspection 36

Inspection Real Estate Agent Sellers Legal 36

Appraisal Today

AUGUST 23, 2024

August 23, 2024 What’s in This Newsletter (in Order, Scroll Down) Construction Progress Reports: ADUs & Remodels What Is an Appraisal Review and Who Can Be a Reviewer? Investors use them to evaluate the value and risk of potential investments. Insurance companies use them for verifying property values in underwriting and claims.

Appraisal 68

Appraisal Contracts Investors Property Appraisal 68

Appraisal Today

OCTOBER 7, 2022

If it had a market value of $345k, it would have listed at $345k!”. “Owning this house is a bit like being a celebrity in very weird, eclectic circles,” he said in a recent interview, noting how architecture students would regularly visit to study the home’s sculptural construction. To read more click here.

Appraisal 52

Appraisal Contracts Architecture Housing Market 52

Appraisal Today

JANUARY 3, 2025

To read more and see the graphs and many links to more info, Click Here To see the Zillow listing, Click Here My comments: Guess they can get reasonably priced insurance I wonder how difficult it would be to raise a dome home 8 ft. I have never seen any effect on values of homes on top of the faults. 15, 2025, at 9:00 AM Pacific.

Construction 83

Construction Appraisal Contracts Mortgage 83

Will Springer Realtor

OCTOBER 11, 2022

There is nothing like a win-win, clearing available inventory while opening new doors for people in the market for a new-construction home. This includes an appraisal contingency to virtually guarantee the purchase is at market value. May I suggest this newly constructed 6-bed, 4.75-bath Here’s a 4-bed, 3.25-bath

Housing Market 36

Housing Market Marketing Real Estate Buyers 36

Assurance Financial

APRIL 29, 2021

C to P (Construction to Permanent Loan). If you are building your home, you typically need to first take out a construction loan, not a traditional mortgage, to fund the cost of building the house. A construction loan is typically a short-term loan that only pays for the cost of building a house. FMV (Fair Market Value).

Mortgage 74

Mortgage HOA Insurance Real Estate Agent 74

D Fritz Appraisals

OCTOBER 11, 2022

They are also used to assess the value of the home for home improvement loans and insurance evaluations. Read on for more information about how a home appraiser determines the value of your property. Valuation for insurance claims. What is a Home Appraisal and Why is it Important? Renovation loan assessments.

Appraisal 110

Appraisal Inspection Property Taxes Easement 110

Property Metrics

MARCH 13, 2025

Demands expertise in entitlements, construction, and lease-up. Core, Core-Plus, Value-Add, and Opportunistic These terms are often used by institutional investors to categorize CRE properties by overall stability, potential for improvement, and inherent risk levels. Higher risk but potentially higher rewards if executed properly.

Real Estate 36

Real Estate Investing Tenants Investors 36

D Fritz Appraisals

MARCH 13, 2025

Whether youre buying, selling, refinancing, or investing in real estate, a professional appraisal ensures you clearly understand your propertys market value. If youre buying a home, an appraisal provides an unbiased estimate of the propertys value to ensure you pay a reasonable price. Fritz Appraisals Inc.,

Appraisal 78

Appraisal Renovations Inspection Market Value 78

Will Springer Realtor

MARCH 11, 2024

The soaring prices of insurance and energy have dealt a two-pronged blow to homeowners’ wallets, with no relief in sight. Nationwide, home insurance premiums have surged by an average of 21% year-on-year, as of May 2023, equating to an annual increase of $244 per household. in Q3 to 53.5% in Q3 to 37.3%).

Insurance 36

Insurance Sellers Real Estate Buyers 36

Appraisal Today

NOVEMBER 16, 2024

Does this mean to conclude a site value as if the subject site were vacant and available to be put to its highest and best use? To read all 10 Q&As, Click Here My comments: Of course, for custom home construction the Cost Approach is required to determine the feasibility of construction before building the home.

Appraisal 79

Appraisal Valuation Contracts Mortgage 79

Appraisal Today

FEBRUARY 7, 2025

I have not seen discussions on the future of home values in risky areas. My insurance company, State Farm, is requesting a 22% increase in homeowners insurance. Insurers have been not renewing individual homes for various reasons. Braun, MAI, SRA The Contract Price as Market Value Really?

Home Value 53

Home Value Appraisal Contracts Mortgage 53