Remove Contracts Remove Local Properties Remove Market Value
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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. Should the appraisal come in lower than the contract price, the closing process may be impacted.

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Supporting Market Conditions Adjustments: A Comprehensive Guide for Appraisers

Appraisal Buzz

Market Condition Adjustments Illustration Fannie Mae guidelines emphasize that adjustments made to comparable sales are based on market changes between the contract date of the comparable sales and the effective date of the appraisal. This is shorthand that every experienced appraiser knows and understands please dont @ me.

Appraisal 358
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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. And, can you really expect equivalent costs for rebuilding the property?

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Commercial Real Estate Investing: A Comprehensive Guide

Property Metrics

Market Value vs. Investment Value Sometimes, the price youre willing to pay doesnt align with the broader market because of your specific goals or unique resources. Distinguishing between market value and investment value is key to smart deal-making. Direct control but higher time commitment.