Housing Wire

AUGUST 3, 2023

Powerful AI tools are already transforming residential real estate and forward-thinking agents are paying attention. In this article, I will explain the history of AI, the projected financial impact on real estate and the cutting-edge tools available today for savvy agents. The good news is that the early adopters will thrive.

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Housing Wire

DECEMBER 16, 2021

Public health officials note that we have many more tools to address this latest — and likely not the last — challenge. More specifically, that means targeting an unemployment rate close to 4%, inflation close to 2%, and using regulatory tools to prevent unsound lending or other financial imbalances. What if it doesn’t?).

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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. Final Value Conclusion: The appraiser will provide a conclusion as to the fair market value of the property. The appraisal report will justify which approach was used.

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Simonson Real Estate

OCTOBER 23, 2020

The client should be clear that the assessment is performed at a point in time and that the market value opinion is – as of a specific date – the effective date. Since COVID, one key area that takes on heightened importance is our regional and local market analysis section’s current environment. Regional Analysis is Relevant.

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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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D Fritz Appraisals

SEPTEMBER 19, 2019

An appraisal report informs homeowners, home buyers, and mortgage lenders on the market value of the home. What is an Online Home Value Estimator? An online home value estimator is a website or online tool that gives you a rough idea of what your home is worth, based on things like its address, square footage, lot size, and age.

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DW Slater Company

NOVEMBER 30, 2022

Bringing up the housing market during Thanksgiving dinner – Sacramento Appraisal Blog. Market Value Definition Outdated? Land Scarcity, Zoning and Construction: Overcoming the Building Challenges Facing Municipalities Across the Country – David K. Newz: Crazy Appraiser Stories.?Market – Appraisal Today.

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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. Any improvements should conform to the neighborhood in terms of age, type, design, and materials used for their construction. Consider each home on a case-by-case basis.

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Town & Country Residential Appraisals

JANUARY 20, 2020

Allocation is a tool used by some appraisers in some areas in order to determine land value. Its often used when no other tools are available. These tools include: Vacant land sales - this analysis is preferred as it gives an up to date look at what vacant land is commanding on the open market. 1515 acres.

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Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property.

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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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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.

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PennyMac

OCTOBER 10, 2023

For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property. They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report.

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AmeriMac

JANUARY 19, 2021

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. It is a poor way to get market value. Hardwood floors.

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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.

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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.

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Property Metrics

APRIL 7, 2022

The yield on cost is also used to calculate the development spread , which is the difference between the yield on cost and the market based cap rate for similar but already existing buildings in the same market. Then we’ll look at how to calculate the yield on cost for a value add project.

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Appraisal Today

JANUARY 19, 2024

Despite what some highly placed authorities in the GSEs mistakenly would have us believe, the contract price, in and of itself, is not indicative of a property’s market value. In and of itself, it is not market value. Another bias in which it is all too easy to engage is known as selection bias.

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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.

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AmeriMac

APRIL 30, 2023

They also take into account market factors and other relevant aspects that could affect the property’s value. Hence, getting a home appraisal is an important step for both homeowners and lenders in determining the current value of a property.

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Appraisal Buzz

JULY 16, 2024

It would include an exception for new construction and substantial renovation or rehabilitation. The Biden Administration believes that a combination of both anti-price gouging policies and the construction of more affordable housing can effectively balance the needs of tenants. BLM is considering an additional 562.5

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AmeriMac

APRIL 30, 2024

The appraiser’s role is to provide an unbiased opinion of value based on their expertise and knowledge of the commercial real estate market. The commercial appraisal serves as a crucial tool in real estate transactions, helping buyers and sellers determine a fair price for the property.

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Appraisal Buzz

JANUARY 13, 2025

While the basic approach involves the valuation of properties using comparable sales, the proper use of statistical tools, such as a correlation matrix, can significantly enhance the quality and objectivity of the appraisal process.

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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.

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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.

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