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. Does a Newly Constructed Home Need an Appraisal? Yes, even a newly constructed home needs an appraisal.

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Appraisal Process Appraisal Construction Sellers 139

Appraisal Partners Blog

FEBRUARY 9, 2025

A home appraisal is an unbiased, professional opinion of a property’s fair market value. It’s conducted by a licensed or certified appraiser who is independent of the buyer, seller, and lender. Evaluate the quality of construction and materials. An analysis of the market data and comparable sales.

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Appraisal Property Taxes Inspection Sellers 78

Appraisal Hub

JULY 26, 2024

Imagine you could get a report card for a home, highlighting each element that adds or subtracts value. Whether buying, selling, or refinancing a property, a meticulous and professional appraisal is essential to ensure fair market value. Knowing the property’s actual value ensures you make a sound financial decision.

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Valuation Buyers Market Value Appraisal 78

Realvals

JUNE 18, 2023

An appraisal will provide you with the current market value of your real estate. In some cases, if you and your spouse cannot reach an agreement on the value of your shared property, a court may require a professional appraisal. You’ll learn the current market value, and even valuable income info if requested.

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Appraisal Property Taxes Real Estate Market Value 145

McKissock

JANUARY 31, 2023

.” “The definition of market value.” ” “How value is derived.” ” “Why the price per square foot is not an indicator of value.” ” “That cost does not equal value on homes, and picking comparable sales just to hit contract prices is unethical.

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Real Estate Agent Real Estate Agents Appraisal 97

Realtor

MARCH 7, 2023

While there is a lot of flexibility in the type of home that may be accepted for a USDA home loan—including condos , townhouses , and new construction —not all homes will qualify. 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

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.

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Sellers Appraisal Development Construction 78

DW Slater Company

NOVEMBER 30, 2022

Days on Market. Days on the Market continue to climb. Sellers are no longer getting over list price. Bringing up the housing market during Thanksgiving dinner – Sacramento Appraisal Blog. Market Value Definition Outdated? Months of Supply. Percent of Original Price. Sale price decline is flattening.

Real Estate 97

Real Estate Housing Market Appraisal Marketing 97

Lamacchia Realty

MAY 19, 2023

These batches were used in thousands of foundations for new construction homes. What Pyrrhotite-Infected Foundations Mean for Homeowners As home buyers and sellers are trying to navigate this already unique real estate market, the crumbling foundation crisis is an add stressor for those trying to buy and sell properties in these areas.

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Sellers Buyers Government Insurance 69

Chicagoland Appraisal Blog

MAY 13, 2021

Like any other investment, you want to know its value with some reliable degree of accuracy. A home appraisal is an unbiased opinion of a home or property’s value. Real estate professionals or other appraisal experts can help you determine the market value of your home. Year of construction. Condition of landscape.

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Appraisal Renovations Home Value Real Estate 88

East Coast Appraisal

OCTOBER 18, 2021

Accurate home appraisals benefit both property buyers and sellers. On the other hand, sellers avoid underselling their homes. The sales comparison approach determines the house's value based on the prices of similar houses that others have recently sold in the area. The appraisal will consider the market value of the land.

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Property Appraisal Appraisal Architecture Construction 52

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.

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Investors Appraisal Business Tenants 78

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.

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Appraisal Construction Contracts Architecture 77

Lamacchia Realty

APRIL 17, 2024

If you’re thinking about selling your house, one upgrade that can increase your home’s resale value is hardwood flooring. While some sellers may renovate a bathroom or do small improvements to make the home feel new , don’t overlook the power of a fresh hardwood floor.

Home Value 74

Home Value Buyers Realtors Realty 74

Lamacchia Realty

NOVEMBER 8, 2023

Understand the Difference Between Replacement Costs & Market Value Did you know that you don’t need to insure your home for the full market value? For example, a home with a market value of $635,000 could have a replacement cost of only about $400,000 – $450,000. Why does this matter?

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Insurance Market Value Realty Investing 74

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. four-year-old masonry house of well above average quality construction. For example: I had an assignment to appraise a 3,500 sq.

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Appraisal Tenants Inspection Market Value 77

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. Before we dive into tips and tricks for disputing an appraisal, let’s level-set with a few foundational concepts and terms.

Appraisal Tips 78

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. Before we dive into tips and tricks for disputing an appraisal, let’s level-set with a few foundational concepts and terms.

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Appraisal Tips Appraisal Law Market Value 78

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. Other users might be sellers, mortgage underwriting, banks, and contractors. Appraisal vs Home Inspection. in addition to taking pictures.

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Appraisal Inspection Appraisal Process Real Estate Agent 98

The Robert Weiler Company

OCTOBER 21, 2022

Generally, a commercial real estate appraisal is an unbiased valuation assessment to help you determine the value of a commercial property. The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property.

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Real Estate Appraisal Property Appraisal Valuation 60

The Robert Weiler Company

MARCH 15, 2021

For our sellers, our most common challenge is assessing a building’s value in the absence of comparable structures and data. Cost approach : This practice compares the special purpose property appraisal value to the cost of constructing a replica structure, while also including depreciation.

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Appraisal Property Appraisal Real Estate Buyers 158

Appraisal Today

SEPTEMBER 15, 2023

At the same time, concrete finishes merge various construction techniques and artisan approaches that give the feeling of carved stones, whose volumes and shapes vary, but always integrated harmoniously in these habitable sculptures. Therefore, the final price may not reflect the market value of the property.

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Appraisal Real Estate Agent Contracts Real Estate 82

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. They do not represent either buyer or seller. If the appraisal comes in below contract price, there are actions taken between buyer and seller that can work to resolve the issue.

Inspection 52

Inspection Appraisal Buyers Sellers 52

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

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Appraisal Real Estate Real Estate Agent Contracts 76

Town & Country Residential Appraisals

SEPTEMBER 26, 2022

When you are the seller of a FSBO (For Sale By Owner). My experience in completing appraisals for properties that have been sold without the professional expertise of a real estate professional is that the selling price is often lower than the value. Most people know that appraisals need to be completed for lending purposes.

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Appraisal Renovations Real Estate Valuation 50

Birmingham Appraisal

OCTOBER 9, 2024

Low Interest Rates May Not Be The Reason Your Listing Isn’t Selling With recent dips in interest rates, many sellers and their agents might expect it to be easier to sell a home, but that’s not always the case. Agents should always double-check this crucial metric to ensure the property’s price per square foot aligns with the market.

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Buyers Appraisal Agents Sellers 69

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

AmeriMac

OCTOBER 5, 2022

If you are in the process of buying a home, getting a home appraisal of the property can help you to get the correct market value for the home so that you don’t pay too much for it. It can be helpful for both the buyer and the seller of the property when the true value of the home is assessed. Home Appraisals.

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Appraisal Mortgage Market Value Sellers 36

McKissock

NOVEMBER 16, 2021

Never respond to a complaint or an ROV that is forwarded to you directly by a real estate agent, the borrower, the seller, or any other party that is not the client or the client’s designated agent. Be respectful and constructive in your response. Pause before responding. Ask questions.

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Reconsideration of Value Clients Appraisal Real Estate Agent 91

AmeriMac

JULY 15, 2021

This dramatic increase in value affects home appraisals, which is good news for both buyers and sellers. Neighborhood sales of comparable homes, known as “comps” in the real estate industry, is a key component used to figure fair market value of a property. What Goes into Determining a House Appraisal?

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Appraisal Sellers Real Estate Buyers 36

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

McCarthy Appraisal Blog

NOVEMBER 13, 2018

To come up with the market value of your home, the appraiser will measure the exterior walls to determine square footage of the heated and cooled portions of your home. Comparable means they are similar in age, size, design, construction quality, and amenities. What is important to note is that price and value are not the same.

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Appraisal Real Estate Market Value Design 36

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 Nationwide, 31.8%

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Appraisal Contracts Insurance Construction 80

Clear Capital

DECEMBER 21, 2022

Whether it is for the borrower, the seller, or the lender, a detailed and error-free appraisal report positively influences the purchase decision and credibility of the process. Revision requests to correct errors in the appraisal report cause many downstream effects, such as delaying loan decisions and closings.

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Appraisal Bracketing Clients Market Value 69

AmeriMac

JANUARY 19, 2021

Typically, sellers don’t have access to this. Highlight new and upgraded features, especially those adding value to your house. Constructing a basement. One more effective way to increase your home’s market value is to compare it with similar ones and highlight the benefits of your property.

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Appraisal Real Estate Agent Market Value Real Estate 36

Assurance Financial

NOVEMBER 9, 2021

The key to getting the best possible value for your money is understanding what’s happening in your local real estate market — whether you’re a buyer or a seller. What’s the Difference Between a Buyer’s and Seller’s Market? Marketing Strategies. What Is a Buyer’s Market?

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Marketing Sellers Real Estate Buyers 36

McKissock

JUNE 27, 2021

As new health concerns arise, the need for new construction will remain prevalent. Cap rates: To find this, you divide the NOI by the current market value. The figure helps you understand what the buyer will pay and what the seller will accept. Scientists turned their attention to studying COVID-19 and creating vaccines.

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Real Estate Investing Retail Tenants 59