Remove Contracts Remove Definition Remove Property Appraisal
article thumbnail

The Value of Words in Valuation

Appraisal Buzz

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. Standard 2 is the specific standard that addresses the reporting of appraisals. adjective.

Valuation 360
article thumbnail

Waterfront Property Appraisals

Appraisal Today

Understanding the depth, quality of the water, and type of shoreline is crucial, as these elements directly influence the property’s usability, aesthetics, and long-term stability. The importance of these factors cannot be overstated, and they deserve careful consideration in every waterfront property appraisal. URAR Reports!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Market Value: Who Says What It Is?

McKissock

Property appraisers don’t dictate what the value is. Many years ago, an appraiser friend (Ben was his name) asked me to go along on a challenging appraisal assignment to aid in data collection. On the way he needed to drop off an appraisal report to a lender client.

article thumbnail

Fannie and Freddie Release New Hybrid and Desktop Forms for Testing

McKissock

The GSEs have also aligned on guidance regarding the use of these test forms, including formal definitions for “Hybrid” and “Desktop” assignments. These two terms are often used interchangeably by appraisers and clients, but under the GSEs’ new definitions, they are different types of assignments. Written by Dan Bradley.

article thumbnail

Appraisals derail sales in the tight Chicago market!

Chicagoland Appraisal Blog

I came across a Facebook post from an appraiser friend of mine about an article written in the Chicago Tribune titled Homebuyers who pay cash win deals as appraisals derail sale in tight Chicago market. The title is definitely eye-catching especially to an appraiser in Chicago. Why was this offer selected?

article thumbnail

What’s My Business Really Worth? 12 Q&A To Solving Your Business Valuation Mystery [2021]

The Robert Weiler Company

The process, however, is much less straightforward than the definition. Also, as with a commercial property appraisal, hiring an experienced professional to assist in your endeavor will ensure that you make an intelligent decision for your business. Let’s unpack the definition of tangible assets and intangible assets.

Valuation 147
article thumbnail

Appraisal Reviews – Who and What

Appraisal Today

Excerpts: Topics: What is an appraisal review? Fact-checking vs appraisal review Types of appraisal review reports Why are appraisal reviews needed? Who requests a property appraisal review? Who can review a property appraisal? Understandable with excellent “real life” examples.