Housing Wire

OCTOBER 15, 2020

Homeowners can now get a StreetEasy estimate of their homes’ current market value based on features that are unique to New York City, the company said. Homeowners start by claiming their home, then requesting an AI-powered estimate of their home’s current market value, an estimated price per square foot and monthly rent.

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Valuation Tools Market Value Real Estate 370

Housing Wire

DECEMBER 10, 2021

In the secondary market, these non-QM loans are in demand this year and are expected to continue propelling the growth of private-label securitizations in the year ahead, according to Dane Smith, president of Versus Mortgage Capital. “We That implies a market size [today] somewhere between $175 billion to maybe $200 billion,” he said. “We

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Lending Finance Mortgage Government 497

Appraisal Buzz

SEPTEMBER 26, 2022

The “official unofficial” government-related loan definition of market value is clear. Also part of the definition: Reasonable market exposure time. As an appraiser, I had to look at what I had spent a lifetime doing: “Find market value.” To find market value, I first had to carefully study that pesky definition.

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Market Value Sellers Buyers Finance 321

Housing Wire

MAY 18, 2022

HousingWire recently spoke with Christian Mills, head of Financial Advisor Relations at Reverse Mortgage Funding, about the ways a reverse mortgage can create a stable cash flow for homeowners in the midst of a volatile housing market. CW : At Reverse Mortgage Funding , education has always been a number-one priority.

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Mortgage Clients Insurance Tools 418

Housing Wire

MARCH 24, 2023

An appraisal gap is the difference between what a buyer agreed to pay for a home in a purchase contract and what an appraiser concludes as the fair market value of the property. Fannie Mae recently announced the Value Acceptance + Property Data solution. Well, a cure for appraisal gap anxiety has appeared on the scene.

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Appraisal Contracts Valuation Tools 476

Appraisal Partners Blog

MARCH 12, 2025

FHA appraisals differ from conventional appraisals in several key ways, primarily because they are designed to protect both the borrower and the lender (the FHA insures the loan). FHA appraisals have two main objectives: Determine Market Value: Like all appraisals, the FHA appraisal determines the fair market value of the property.

Appraisal 78

Appraisal Inspection Market Value Sellers 78

Housing Wire

AUGUST 31, 2023

The solutions, ACE+ PDR (automated collateral evaluation plus property data report) by Freddie Mac and Value Acceptance + Property Data by Fannie Mae, were designed to increase efficiencies for all stakeholders and lower costs in comparison to traditional appraisals, while maintaining the high risk mitigation standards employed by the GSEs.

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Modernization Appraisal Inspection Valuation 418

Appraisal Partners Blog

MARCH 18, 2025

If you believe your property is assessed at a value higher than its fair market value, you have the right to appeal your property tax assessment. The assessor determines the assessed value of your property, which is then used to calculate your property tax bill. Property taxes are a significant expense for homeowners.

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Property Taxes Market Value Appraisal Inspection 78

Appraisal Buzz

MAY 24, 2021

When you calculate a house’s worth, you think about how numerous factors position the property in the current market. Challenges often arise in how professionals figure out the overall value of multifamily homes. It lets appraisers know how much buyers would pay for a similar home in the current market.

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Appraisal Tenants Buyers Landlords 397

Appraisal Buzz

JANUARY 20, 2025

Verses 1 and 2 of North, by Sleeping At Last They may seem worlds apart, but poetry and market analysis have something in common. Let me pause to point out that the data above has a specific pattern by design. Remember, the Fannie Mae definition of market value begins with the most probable price.)

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Appraisal Real Estate Buyers Market Value 248

Miller Samuel

MARCH 19, 2019

In the original 2014 proposal by the Fiscal Policy Institute, the first item in the proposal is off to a bad start as they describe what happened in the market: These owners bid up the price of NYC residential real estate, and since they don’t spend much time in these units, contribute little to the local economy compared to full-time residents.

Real Estate 370

Real Estate Law Development Investors 370

Cleveland Appraisal Blog

OCTOBER 27, 2022

Appraisers think about previous sales and the state of the market in your neighborhood. The appraiser will provide your home’s estimated market value in writing afterward. Designing a beautiful landscape for your house is more crucial than you would think. Are You Pricing Your Home Too High For Today’s Market?

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Appraisal Inspection Buyers Advertising 389

GoForrmz

JANUARY 16, 2025

Stay competitive in 2025 with essential digital tools for construction businesses The construction industry is projected to reach a global market value of $14.4 Building Information Modeling (BIM) Software Building Information Modeling (BIM) has become a game-changer in construction planning and design.

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Tools Construction Business Project Management 78

Housing Wire

AUGUST 3, 2023

Job functions most likely to be impacted include sales, marketing and software engineering. Given that sales and marketing are key areas for real estate agents, generative AI will increase the probability of agents winning listings. They concluded that AI has the potential to deliver an economic benefit of $6.1 trillion to $7.9

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Cleveland Appraisal Blog

DECEMBER 10, 2022

Always remember that a home that can be easily adjusted to meet the needs of a wide variety of people will sell far faster than one that’s designed specifically for you. So, here’s a list of things that can decrease property value you should know about. #1 1 Natural disasters. 6 Overuse of carpeting.

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Appraisal Buyers Renovations Investing 302

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. Unlike a home inspection, which assesses the physical condition of a property, an appraisal focuses solely on determining its fair market worth.

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Appraisal Inspection Valuation Appraisal Process 78

Cleveland Appraisal Blog

FEBRUARY 11, 2022

Or I could go to a store that specializes in running shoes and purchase shoes that are more expensive but clearly designed for the rigors of running. The appraiser’s market analysis was not supportable, nor were the sales that they choose to use to compare to the property being appraised. The market value is what it is.

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Appraisal Market Value Clients Design 221

McKissock

SEPTEMBER 21, 2021

Right now companies like Microsoft and Google are leading the way with flexible spaces designed to accommodate fewer in-person employees while still including virtual employees in roundtable meetings. Free eBook : Learn how to weather any market with this free ebook— Market Madness: How to Overcome Challenges in Any Real Estate Market.

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Real Estate Real Estate Agent Marketing Landlords 94

Cleveland Appraisal Blog

DECEMBER 19, 2021

If you have trouble visualizing their design, request a 3D rendering. This week I leave you with a little video with some tips on home office design. In my latest episode, I visit with USPAP Instructor Tim Andersen about market conditions and how appraisers report them. Should You Turst An Algorithm For Your Home’s Value?

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Appraisal Home Improvement Design Modernization 195

Boston Appraisal

SEPTEMBER 22, 2020

When an appraiser is working for a purchase/developer/client, they can project the actual, or even future, market value of a property after its transition into a new use. Once a new zoning designation is applied to the property, it becomes legally permissible to transition to another use. Financially Feasible.

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Legal Real Estate Retail Market Value 148

Appraisal Today

NOVEMBER 1, 2024

A well-appointed kitchen can significantly enhance a property’s appeal and marketability. Let’s dive into appraising kitchens and how the room impacts market value. Excerpts: sprawling Lake Tahoe estate known as Shakespeare Ranch hit the market on Monday for $188 million.

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Appraisal Training Contracts Mortgage 91

Boston Appraisal

NOVEMBER 6, 2020

But what could be the cause of the lower than anticipated value? Reason #1: The Range of Value. The primary reason appraisals differ is because, in reality, real estate appraisals are designed to provide a range of value rather than one set price. That accepted purchase price becomes the “market value” of the property.

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Appraisal Market Value Real Estate Sellers 148

Appraisal Buzz

MAY 31, 2022

If you look at the current regulatory guidance and stakeholder policies, it is clear that an appraisal can be reviewed by an individual not holding an appraisal credential when it is an internal process and the result of the process does not create an opinion of Market Value for the purposes of extending credit.

Real Estate 221

Real Estate Valuation Lending Appraisal 221

Boston Appraisal

AUGUST 4, 2020

The sales comparison approach is designed to compare your property, the subject, with three or more similar properties that have recently sold. The grid below allows an appraiser to compare important features such as the land (called the site), the design or style of the home, the age, condition, rooms and size (called the Gross Living Area).

Appraisal 148

Appraisal Real Estate Valuation Market Value 148

McKissock

DECEMBER 21, 2021

Choosing an unconventional method to market your luxury home can help a property spend fewer days on the market. Even in a tough market, selling a luxury home at a fair price point is possible when you think outside the box. After all, unusual homes should be marketed in unusual ways. Send out stunning property brochures.

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Marketing Decorating Training Buyers 86

Realvals

JUNE 18, 2023

In today’s dynamic market, there are many situations where you may need a real estate appraisal. An appraisal provides you with the clearest understanding of the value of your real estate. By providing an unbiased estimate of a property’s value, an appraisal ensures that you know the real value of your property.

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Appraisal Property Taxes Real Estate Market Value 145

D Fritz Appraisals

MAY 13, 2024

7 Steps to Ensure Your Home Sale Goes Smoothly The real estate market in British Columbia is dynamic and diverse, with bustling urban centers like Vancouver and Victoria alongside picturesque rural communities. Marketing Your Property Engaging with experienced realtors can help effectively market your property in British Columbia.

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Real Estate Buyers Sellers Appraisal 122

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. It is not necessary for one or more of the comparable sales to be of the same design and appeal as the property you are appraising. Dig deep for comparables.

Appraisal 90

Appraisal Design Appraisal Process Market Value 90

McKissock

OCTOBER 1, 2022

Bottom line: If the home is going to be financed by a lender, insured by FHA, or sold on the secondary market, you must make sure you compile a fair, thorough report to ensure that the lender doesn’t take a loss. It is not necessary for one or more of the comparable sales to be of the same design and appeal as the property you are appraising.

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Appraisal Design Market Value Buyers 85

Boston Appraisal

MAY 15, 2024

These frameworks not only shape how properties can be used but also have a profound impact on their market value. For investors, a nuanced grasp of these legal aspects is essential to navigate the complexities of the real estate market and to capitalize on investment opportunities.

Law 78

Law Real Estate Investors Legal 78

Appraisal Hub

JUNE 30, 2021

No matter the size or type of commercial property, an appraisal can help you understand the market to ensure that you can purchase or sell the asset at a reasonable and competitive price. Up-to-date and accurate commercial appraisals are an affordable and simple way to ensure the market value of the commercial real estate.

Real Estate 60

Real Estate Appraisal Property Appraisal Market Value 60

McKissock

OCTOBER 12, 2021

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” The uniquely designed roof needs immediate replacement. There could be such a buyer out there, but is that the market?

Appraisal 84

Appraisal Market Value Investors Buyers 84

CA Realty Training

JULY 12, 2021

In exchange for this, the homeowner gets compensated with the property’s fair market value. Once they have identified a specific property, an agent will evaluate it to determine its fair market value. After the fair market value is determined, the offer gets presented to the owner. But what does it mean?

Real Estate 69

Real Estate Market Value Real Estate Agent Government 69

Genworth MI Blog

JUNE 27, 2019

This can include improper influence to inflate the appraised value, overlook repair items, misstate facts, ignore or conceal external influences, and misrepresent market conditions. Similar rules, laws, and regulations have been issued by state legislatures, secondary market entities, and banking regulators.

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78

Genworth MI Blog

JUNE 27, 2019

This can include improper influence to inflate the appraised value, overlook repair items, misstate facts, ignore or conceal external influences, and misrepresent market conditions. Similar rules, laws, and regulations have been issued by state legislatures, secondary market entities, and banking regulators.

Appraisal Tips 78

Appraisal Tips Appraisal Law Market Value 78

The Robert Weiler Company

JULY 6, 2021

Research : Also coined in the industry as “flex,” flex space is utilized for research and development to design new products. Classification is a way to differentiate specific market features for investors. It can be a building slightly older than Class A, situated in a location that is considered a secondary or tertiary market.

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Logistics Tenants Real Estate Modernization 147

Realtor

MARCH 7, 2023

Though the design, system, and fuel source don’t matter, the unit must provide appropriate temperature control. The main criterion is that the home’s market value may not exceed the USDA’s applicable area loan limit. Operable heating and cooling: The home must have working heating and cooling systems.

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Inspection Appraisal Market Value Finance 111