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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. When reading contracts, words will always have their ordinary meaning unless defined otherwise. adjective.

Valuation 360
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Texas Real Estate Contracts and Addendums: A Guide for Home Sellers and Buyers

Listing Spark

Episode Summary In this episode, Aaron Jistel (Broker and Co-Founder at ListingSpark) focuses on how recent changes to Texas Real Estate Commission’s contracts and documents may affect home sellers and buyers. And so they put a little bit of a more defined definition of what cash needs.

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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.

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Appraisal Value Vs. Sale Price

Appraisal Today

Because of the financial capabilities, motivations, or special interests of a given buyer or seller, the price paid for a property may or may not have any relation to the value that might be ascribed to the property by others.” The $450,000 price is what the property is actually selling for. It happened once with Cindi Chance.

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

They included appraisers, real estate agents, and someone with a week, a month, or online video training. They should definitely not be paid the same. When I started in this business long ago, there was no such thing as a licensed appraiser or a certified real property appraiser. Appraising will be different in 2025.

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Types of Appraisal Values

Appraisal Today

Understanding Market Value Market value is the most frequently sought value in real property appraisals and can have various definitions. Most often, it is defined as the most probable price a property should sell for under typical conditions. Most appraisers use the “Fannie Mae” definition of market value.

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Agent vs. REALTOR®: Why the Difference Matters

Lamacchia Realty

With this being said, it’s so important to understand exactly what a REALTOR® is and how they differ for real estate agents, before making this crucial decision. REALTOR® and Agent Basics: Let’s start by nipping the most common misconception in the bud: Not all real estate agents are REALTORS®!