Manhattan Annual Price Records By Property Type Since 1982
Miller Samuel
DECEMBER 28, 2019
LOL, I had to move our company logo to the "left" to accommodate the 2019 condo record. Click on the chart to expand.
December, 2019
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What Does an Appraiser Do?
Realtor
DECEMBER 4, 2019
ftwitty/iStock When you’re considering buying a house, there are two sides to the story: the seller’s asking price and the actual value of the property. This is where an appraiser steps in. Is the new home you’re looking at priced too high? A real estate appraisal can let you know whether the amount being asked is a fair purchase price. Here’s more on the home appraisal process, so you can learn the true value of your future home.
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One Way to Lower Your Property Taxes
Appraisal Partners Blog
DECEMBER 27, 2019
When you own your own home, you are subject to all of the costs that come with that. One of those that can be a considerable burden is property taxes. You’ll be hard-pressed to find someone who isn’t looking for a way to drive down the cost of those pesky taxes. That is where a property tax appeal can be your best friend. In fact, it might just be one the only way you can truly bring down the costs. .
2019 Tinley Park, Mokena, Orland and Frankfort Christmas Lights!
Advanced Appraisal
DECEMBER 24, 2019
12/24/2019 Chicago and South Suburban Appraisal Blog
Crestwood—Neighborhood Analysis of Single-Family Residential Homes (November 2019)
Portland Appraisal Blog
DECEMBER 1, 2019
The Crestwood neighborhood is part of the Southwest portion of Portland and is one of the periphery neighborhoods. This neighborhood is largely residential with minor commercial and one city park (Dickinson). This neighborhood has a overlapping section with the adjacent Ashcreek, but that small section is omitted in the following analysis. Appraisers endeavor to take the measure of a neighborhood with a variety of tables, charts, and graphs.
5 New Year's Resolutions That Can Help You Buy a Home
Zillow
DECEMBER 20, 2019
Thinking of buying a home this year? We compiled five New Year’s resolutions that can help you keep your financial resume in tiptop shape. 1. Avoid job hopping. Employment history and income are two of the biggest factors lenders look at when evaluating a mortgage application. A new job may be a good career move, but if you plan to buy a home in the new year, know that job hopping can be a red flag to some underwriters - especially if you’re moving to a different industry.
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More Trending
What Does an Appraiser Do?
Realtor
DECEMBER 4, 2019
ftwitty/iStock When you’re considering buying a house, there are two sides to the story: the seller’s asking price and the actual value of the property. This is where an appraiser steps in. Is the new home you’re looking at priced too high? A real estate appraisal can let you know whether the amount being asked is a fair purchase price. Here’s more on the home appraisal process, so you can learn the true value of your future home.
Why Should You Get A Pre-Listing Appraisal?
Appraisal Partners Blog
DECEMBER 2, 2019
When you’re selling your home, one of the most egregious mistakes you can make is failing to accurately estimate your home’s worth. While it’s absolutely essential to make sure your home looks inviting in images on your realtor’s website or sites like Zillow, and important that prospective buyers can see it as a blank canvas for them to project their own sense of style onto… arguably nothing is more important than a listing price which is appealing yet fair.
"Latent Fire Hazard"- Federal Pacific Stab lok Breakers
Town & Country Residential Appraisals
DECEMBER 14, 2019
If this looks familiar, contact an electrician today. Sadly, after 4 decades of warnings, proof that Federal Pacific falsified their testing data for UL, and testing that shows 1 in 3 Stab-Lok breakers are defective, we still find homes that are serviced by these breakers. Between 1950 and 1980 Federal Pacific sold millions of these breakers that were installed nationwide.
What You Need to Qualify for a Home Mortgage
REX Real Estate
DECEMBER 11, 2019
Finding the perfect house is only a small part of the homebuying process.
The Appraiser’s Workfile – Part II
Walitt Solutions
DECEMBER 6, 2019
In Part 1 , I explored the question “What should be in the appraiser’s workfile?” The take-away is that no two workfiles will look alike; rather, the minimum standard emphasizes retaining data and information that supports the appraiser’s analyses, conclusions, and opinions. Another common question from appraisers, clients, lenders, and appraisal management companies is “What do we really mean by ‘workfile’?
NEVER refinance your home this way!
Town & Country Residential Appraisals
DECEMBER 30, 2019
In the lending/appraisal world there is something called a “Drive-by” or “exterior only” appraisal. These are performed on a 2055 FNMA form and have a scope of work that is limited to an inspection “from the street” only. According to the scope of work, the appraiser then assumes that the interior is consistent with the exterior of the home (in condition and quality).
What is a "Comp?"
Town & Country Residential Appraisals
DECEMBER 16, 2019
Imagine home valuation in this neighborhood. Every house identical… except for the ones next to the industrial site. As a VA Panel appraiser, we have access to something called “Tidewater” on VA orders. This allows us to reach out to the lender and ask for what the agent used to assist their client in pricing/making an offer on the home in question (most lenders discourage this in any other transaction).
How much is an acre worth?
Town & Country Residential Appraisals
DECEMBER 2, 2019
We get this question a lot: How much is an acre of land worth in [Location], and like so many things in real estate, it depends. For purposes of this blog lets perform a thought experiment with the following property. Here we see a 67-acre parcel of land in Athlone, Ireland, but for our purposes, lets set that aside. This single parcel has 1) Road frontage on what appears to be a major roadway, 2) River frontage in the top right, 3) What appears to be agricultural land in much of the center, 4)
The Appraiser’s Workfile
Walitt Solutions
DECEMBER 2, 2019
Two common questions that come up when I’m coaching appraisers, training an appraisal department at a lender or management company, or teaching a USPAP course is “What should be in the appraiser’s workfile?” and “What do we really mean by ‘workfile’?” I’ll explore the first question here, and the second question in Part 2.
Find Out What Really Happens When You Waive Contingencies to Score a Home
Realtor
DECEMBER 7, 2019
Monopoly: Hasbro Concept: Greg Chow In a white-hot market, you may feel pressure to make some concessions to win over a seller—and, no, we’re not talking about sending a basket of banana-nut muffins. When you make an offer on a home, it’s standard to throw in some contingencies —telling the seller that if the home isn’t up to snuff for a variety of reasons, you have the right to walk away from the deal—with all of your cash in hand.
Tempted To Waive Contingencies to Score a Home? Watch Out for These Dangerous Repercussions
Realtor
DECEMBER 7, 2019
Monopoly: Hasbro Concept: Greg Chow In a white-hot market, you may feel pressure to make some concessions to win over a seller—and, no, we’re not talking about sending a basket of banana-nut muffins. When you make an offer on a home, it’s standard to throw in some contingencies —telling the seller that if the home isn’t up to snuff for a variety of reasons, you have the right to walk away from the deal—with all of your cash in hand.
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