Sammco Real Estate Appraisal Group
AUGUST 25, 2015
Most people have a pretty good idea of what their home is worth. If they have lived in the area for a reasonable amount of time, they know what other homes have sold for that are similar to theirs. Everyone should have an appraisal performed at least every 2 years or so. Markets change all the time and you should be aware of the value of your biggest asset.
JMV Lending
MARCH 30, 2015
Realtors and buyers often rely on a “Price Per Square Foot” analysis, but appraisers often cannot for a variety of reasons. This is a message we repeat from time to time. If comparable sales involve similar-sized homes, of similar age, on similar lots, then a “price per square foot analysis” works. But, if a 1,200 […] The post Price Per Square Foot Analysis?
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Zillow
DECEMBER 11, 2015
By Mary Fetzer Consider this hypothetical: A man named Mark decides to purchase a parcel of land in a remote, mountainous area. He looks forward to enjoying it as a getaway retreat. But there's a problem. It turns out he can't access the property without going through his neighbor Sandy's land. Welcome to the wonderful world of easements. In our example, if Sandy refuses to let Mark pass through, legal intervention may eventually be necessary to enforce his easement - Mark's right to use someone
Mores Appraisal Group
NOVEMBER 26, 2015
When it comes to commercial property valuations, understanding the unique features and operational capabilities of a building is crucial. […] The post Exploring the Value of a Single-Tenant Warehouse in the City of Commerce appeared first on.
Round Rock Appraisal
JUNE 10, 2015
Is It Necessary For An Appraiser To Take So Many Photos Of Your Home? Some homeowners find it a little annoying and unsettling when appraisers seem to be spending so much time taking pictures of every single room in their home along with every nook and cranny. As annoying as it might seem, you want your appraiser paying attention to details. Photos Speak Volumes: Appraisers have paperwork that must be filled out, unfortunately they are not given a great deal of space for details.
Texas Home Appraisal Blog
MARCH 28, 2015
In the world of real estate and buyers, there seems to be a little imbalance in what the actual value of a home might be and what a buyer might be willing to pay. In many cases, a buyer will overbid on a property even though the neighborhood, the age of a particular home or even what a realtor believes is way over the mark. Appraisers When sellers bring in appraisers, obviously, they want the.
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Sammco Real Estate Appraisal Group
SEPTEMBER 15, 2015
So how do you find best Orange County Home Appraiser? You might be a home owner, a mortgage loan officer or even an appraisal management company. If you Google Orange County Home Appraiser and look at some of the listings, you’ll not find a lot of appraisers in Orange County, CA that do non-lender work. The majority of appraisers only do lender work and are not familiar with Bankruptcy , Divorce and Date of Death Appraisals.
Sammco Real Estate Appraisal Group
AUGUST 4, 2015
If you have decided to apply for an FHA loan to purchase a home, or if you are attempting to sell your home to someone with FHA financing, there are some special appraisal facts of which you should be aware. FHA stands for Federal Housing Administration and is an agency of the federal government. Therefore, the same rules apply around the country for any home bought using an FHA insured loan.
Sammco Real Estate Appraisal Group
MARCH 8, 2015
FHA does not require that all kitchen appliances be present. The issue regarding appliances is whether they’re ‘built-in’ or ‘slide-in.’ Built-in appliances are considered to be real property and are required by FHA however; slide-in appliances such as a slide-in stove are considered personal property and therefore are not typically required by FHA.
Zillow
DECEMBER 7, 2015
In up markets and down, there are always motivated sellers - those who want a quick or painless close, or just want to move the home. Incentives are common in buyers' markets to make a seller’s home more desirable than their competition, but sellers also have to get creative in slower times of the year or in parts of town where homes don't move quickly.
Mores Appraisal Group
NOVEMBER 26, 2015
We recently appraised a 27,000 square foot commercial cannabis facility in the Coachella Valley, Riverside County. This modern property, valued under both Fee Simple Estate […] The post Appraisal of a Commercial Cannabis Use Building in Coachella Valley appeared first on.
Mores Appraisal Group
NOVEMBER 26, 2015
A 25,000 square foot multi-tenant industrial building in the City of Duarte was recently valued for estate planning purposes. This property includes 12 individual tenant units […] The post Appraisal of a Multi-Tenant Industrial Building in Duarte appeared first on.
Mores Appraisal Group
NOVEMBER 26, 2015
We recently appraised this industrial condominium unit located in San Jose, California for a private money lender. The 4,622 square foot building features a 16′ warehouse clear height, and one ground level loading door. There is 1,000 square feet of office build-out, and 10 designated on-site parking spaces. The post Industrial Condominium Unit appeared first on.
Mores Appraisal Group
NOVEMBER 26, 2015
We appraised this 15,716 square foot warehouse building on 1.08 acres, in Vallejo California for estate planning purposes. The concrete block building features a 16′ warehouse clear height, three ground level loading doors, and 30 on-site parking spaces. Office area build-out includes 2,406 square feet. The post Warehouse Building appeared first on.
Mores Appraisal Group
NOVEMBER 26, 2015
We appraised this Class B medical office building in Hemet California for pre-listing purposes. The building features include 16,782 square feet, plus a free-standing pad building used as a pharmacy. The buildings were constructed in 1962 and 1992. The site area is 1.23 acres. There are 84 on-site parking spaces. The building is proximal to a regional medical center and benefits from a grouped land use.
Mores Appraisal Group
NOVEMBER 26, 2015
We appraised the partial ownership interest of a multi-tenant retail center with a fast-food pad restaurant located on Jarvis Avenue in Newark California for estate planning purposes. Built in 1987, the buildings contain 27,440 square feet of gross building area, 135 open on-site parking spaces, situated on a 3.64 acre parcel. Discounts for limited marketability and illiquidity applied to this partial ownership interest.
Mores Appraisal Group
NOVEMBER 26, 2015
We appraised the partial ownership interest of a multi-tenant office building on Hope Street in Mountain View for estate planning purposes. Building features include 15,200 square feet of gross building area situated on a 0.34 acre site, with limited on-site parking of 7 spaces. Discounts for limited marketability and liquidity applied to this partial ownership interest.
Zillow
OCTOBER 2, 2015
He's messy, his rent is always late, and now he "lost" his pet scorpions somewhere on the premises. In other words, it's high time for your roommate to hit the road. But how to get him out? Legally speaking, can one tenant kick the other to the curb based on a few common lease violations? And, if so, what is the least-stressful way to accomplish this feat?
Zillow
JULY 13, 2015
"Comps," or comparable sales, is a term anyone on either side of a real estate transaction should know well. It refers to homes located in the same area and very similar in size, condition and features as the home you are trying to buy or sell. Buyers look at comps when deciding what price to offer on a home, and sellers use comps to figure out how to best price their home for the market.
Zillow
JULY 8, 2015
You've been pre-approved and know what you can afford, so it’s time to start home shopping. But the hunt for your dream home will stall rapidly if you don't know what that "dream" looks like. It's easy to talk in generalities about wanting a "big" house or an "older" home. But in order to better target your real estate search, you must think specifically about your dream dwelling.
Round Rock Appraisal
MARCH 28, 2015
An appraisal of property serves the benefit of both the seller and the buyer. This not only makes sure the price listing for the property is fair but also to insure the buyer isn’t overpaying. Paying Too Much For Too Little. Cash buyers are not looking into financing, but caution is still be practiced. Purchasing a home is the largest investment most people will ever make in their lifetime.
Zillow
MARCH 16, 2015
Many people dream of finding the perfect lake house. But once you’ve found it, is it really that easy to buy and finance the home? It is if you follow these four steps. 1. Decide how you will use the home Before estimating your lake house purchase costs, you need to consider how you intend to own and use the property. You have three options: Primary residence.
Zillow
MARCH 6, 2015
First impressions matter. When it comes to for-sale listings, the first thing most buyers see is a home’s description. But not all listing descriptions are created equal. Based on an analysis of 24,000 home sales in “ Zillow Talk: The New Rules of Real Estate ,” co-authors Spencer Rascoff and Stan Humphries reveal listings with certain keywords send negative signals about a home’s quality and features.
Mores Appraisal Group
NOVEMBER 26, 2015
We recently appraised this industrial condominium unit located in San Jose, California for a private money lender. The 4,622 square foot building features a 16′ warehouse clear height, and one ground level loading door. There is 1,000 square feet of office build-out, and 10 designated on-site parking spaces. The post Industrial Condominium Unit appeared first on.
Mores Appraisal Group
NOVEMBER 26, 2015
We appraised this 15,716 square foot warehouse building on 1.08 acres, in Vallejo California for estate planning purposes. The concrete block building features a 16′ warehouse clear height, three ground level loading doors, and 30 on-site parking spaces. Office area build-out includes 2,406 square feet. The post Warehouse Building appeared first on.
Mores Appraisal Group
NOVEMBER 26, 2015
We appraised this Class B medical office building in Hemet California for pre-listing purposes. The building features include 16,782 square feet, plus a free-standing pad building used as a pharmacy. The buildings were constructed in 1962 and 1992. The site area is 1.23 acres. There are 84 on-site parking spaces. The building is proximal to a regional medical center and benefits from a grouped land use.
Mores Appraisal Group
NOVEMBER 26, 2015
We appraised the partial ownership interest of a multi-tenant retail center with a fast-food pad restaurant located on Jarvis Avenue in Newark California for estate planning purposes. Built in 1987, the buildings contain 27,440 square feet of gross building area, 135 open on-site parking spaces, situated on a 3.64 acre parcel. Discounts for limited marketability and illiquidity applied to this partial ownership interest.
Mores Appraisal Group
NOVEMBER 26, 2015
We appraised the partial ownership interest of a multi-tenant office building on Hope Street in Mountain View for estate planning purposes. Building features include 15,200 square feet of gross building area situated on a 0.34 acre site, with limited on-site parking of 7 spaces. Discounts for limited marketability and liquidity applied to this partial ownership interest.
Mores Appraisal Group
JANUARY 13, 2015
Transfer Tax Disclosure Requirement – AB 1888 Effective January 1, 2015 A new California law now in effect requires the documentary transfer tax to be included on the face of the property deed. Prior to the enactment of this new law, it was not uncommon in commercial real estate (and also in some residential sales transactions) to provide the amount of documentary transfer tax via an ‘unrecorded declaration’ all in an effort to prevent a final purchase price from being readily ascertainable.
Mores Appraisal Group
JANUARY 13, 2015
Transfer Tax Disclosure Requirement – AB 1888. Effective January 1, 2015. A new California law now in effect requires the documentary transfer tax to be included on the face of the property deed. Prior to the enactment of this new law, it was not uncommon in commercial real estate (and also in some residential sales transactions) to provide the amount of documentary transfer tax via an ‘unrecorded declaration’ all in an effort to prevent a final purchase price from being readily ascertainable.
Zillow
APRIL 20, 2015
By Stephanie Reid, Avvo attorney and NakedLaw contributor There it is: the dreaded eviction notice , taped not-so-subtly across the front door of your home. Getting an eviction notice may seem like the end of the world at first, but renters do have tenant rights that can help resolve the issue or change the landlord's decision. Unfortunately, not every eviction is avoidable: Landlords have rights, too, and obligations to uphold the value of the property and the safety of all other tenants.
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