Appraisal Buzz

AUGUST 1, 2022

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. Below is the definition from Webster’s online dictionary of the plain meaning rule: Plain meaning rule.

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Valuation Appraisal Contracts Legal 360

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

One definition of the word reconcile in Dictionary.com is “to bring into agreement or harmony; make compatible or consistent.” 10 Tips to Avoid a Low Valuation – Lori Lovely with HomeLight. What does the appraiser do with the three different values that may be developed? I hope you will also… .

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Appraisal Development Valuation Market Value 342

McKissock

MAY 14, 2023

for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g., fee simple, leased fee, etc.) population, news articles, economic data, internet searches, etc.) population, news articles, economic data, internet searches, etc.)

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Appraisal Appraisal Process Property Appraisal Real Property 87

Walitt Solutions

MAY 17, 2024

” But to an appraiser, users of appraisal services, and regulatory agencies in the valuation space, “personal inspection” takes on a very specific meaning. We know, for example, that an appraiser operating a drone while at his or her office could not claim to have performed a “personal inspection” of a property.

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Inspection Appraisal Clients Appraisal Process 57

Empire Appraisal Group

AUGUST 12, 2021

The agencies involved in residential lending—Fannie Mae, Freddie Mac, the Department of Veterans Affairs, and the Federal Housing Administration—have slightly varying definitions of gross living area, but all agree on these facts: Gross living area is the finished, above-grade residential area. St Petersburg, Fla.,

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Sellers Appraisal Development Construction 78

Appraisal Today

SEPTEMBER 20, 2024

The $450,000 price is what the property is actually selling for. The $425,000 market value opinion is what the property should sell for, under the specific conditions of the definition of market value. The Appraiser’s Role Properties don’t always sell for what they should. The author has done it in his business.

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Appraisal Today

AUGUST 9, 2024

However, from the perspective of the valuation profession, this isn’t an accurate question. We don’t provide an appraised value of a property. Instead, we provide an informed, objective opinion of the value of the property based on several factors and criteria as well as the type of value we’re asked to provide.

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