Housing Wire

NOVEMBER 5, 2023

It makes me nuts when I see a real estate agent offering “free home valuation” as if that is something special. That is something we all should be doing in an effort to show value to clients and potential clients. There are tons of less involved ways to show value as well. Community event invitation “Hello!

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Simonson Real Estate

JUNE 10, 2020

This means their work is done and they can rest easy while feeling confident that the appraisal report supports the market value conclusion. For the appraisal department review staff, it means additional work with extended review time, back and forth communication, and lower overall comfort level with the value.

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Real Estate Appraisal Clients Valuation 148

D Fritz Appraisals

SEPTEMBER 13, 2021

Inheriting property can be an emotional event. You will be taxed on the “ Fair Market Value ”, at the time of inheritance to the time you decide to sell. In other words, you will owe on the difference of the inherited value and the fair market value when you started to rent out the property.

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Birmingham Appraisal

JUNE 11, 2024

By using the appraisal to price their home to the market, and factoring in the improvements, they were able to price it competitively and sell within a reasonable period of time. Accurate pricing involves more than adding the cost of improvements to the market value of your home. Cost does not always equal value.

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Appraisal Property Taxes Valuation Real Estate 88

McKissock

MARCH 3, 2023

Fannie Mae updates its Selling Guide to include more options for property valuations. Early signs of a housing market rebound are halted by rising interest rates. ” Options introduced with this update include value acceptance (a.k.a. “appraisal waivers”), value acceptance + property data, and hybrid appraisals.

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McKissock

MARCH 3, 2023

Fannie Mae updates its Selling Guide to include more options for property valuations. Early signs of a housing market rebound are halted by rising interest rates. ” Options introduced with this update include value acceptance (a.k.a. “appraisal waivers”), value acceptance + property data, and hybrid appraisals.

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Valuation Appraisal Marketing Real Estate 52

McKissock

JULY 23, 2021

Every real estate appraiser is familiar with the terms “marketing time” and “exposure time,” but it’s not always clear why and how these are developed in everyday assignments when developing an opinion of market value. Several conditions are implicit to market value as defined by the Federal Agencies.

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Appraisal Marketing Market Value Development 99

Clear Capital

NOVEMBER 18, 2021

ClearAVM is an industry-leading, lending-grade AVM that provides reliable and accurate market value predictions. It uses machine learning to deliver values for 139+ million addresses across the U.S. Page two provides recently sold or listed similar properties using comp-ranking algorithms trained by millions of appraisals.

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Valuation Lending Training Market Value 74

Simonson Real Estate

APRIL 27, 2020

The client should be clear that the appraisal is performed at a point in time and that the market value opinion is – as of a certain date – the effective date. Changes after the date may affect the value. Let’s be honest, this section of appraisal reports is often glazed over and has less relevance in a “normal” market.

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Real Estate Appraisal Valuation Clients 78

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. An STR represents a “going concern value” which is most similar to the market value of a business operation which includes the assets of the business.

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Appraisal Tenants Investors Business 148

McKissock

AUGUST 13, 2021

Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion. When contract prices and value often differ. I’ve also paid far less than a property’s market value because a seller was vulnerable or desperate to sell.

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Contracts Appraisal Market Value Real Estate 64

McKissock

SEPTEMBER 10, 2020

This is especially true where there is a business component to be considered, as would be the case with senior living, hotel valuation, or hospitals. Within the appraisal industry, there is an ongoing discussion on identifying intangibles, ownership of intangibles, and the valuation of intangibles. Use the cost approach.

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Appraisal Valuation Real Estate Design 54

Appraisal Today

NOVEMBER 1, 2024

A well-appointed kitchen can significantly enhance a property’s appeal and marketability. As an appraiser, understanding the nuances of kitchens is essential to providing credible and insightful valuations. Let’s dive into appraising kitchens and how the room impacts market value.

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Appraisal Training Contracts Mortgage 91

Boston Appraisal

OCTOBER 27, 2023

Why Property Appraisals are Important in Divorce Cases A property appraisal is an objective and unbiased estimate of the market value of a property, on a given date. In other divorce cases, the effective date of the appraisal may be a retrospective date, which reflects the value of the property as of a past date.

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Appraisal Property Appraisal Inspection Legal 78

Housing Wire

JANUARY 19, 2025

Rebuilding for resilience is more expensive Those who do stay and rebuild may want to take measures to lower the risk of losing their home in the event of another wildfire, but that comes at a premium. It also allows the replacement homes valuation to return to what it was prior to the disaster.

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Property Taxes Insurance Valuation Transportation 397

Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions.

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Real Estate Agent Real Estate Agents Appraisal 85

Appraisal Today

SEPTEMBER 20, 2024

Value is defined in the Uniform Standards of Professional Appraisal Practice (USPAP) as: “The monetary relationship between properties and those who buy, sell, or use those properties, expressed as an opinion of the worth of a property at a given time. Unlike value, price is not an opinion. What is Sale Price? It is a fact.

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Appraisal Business Contracts Real Estate 82

AmeriMac

OCTOBER 15, 2024

Appraisal litigation deals with solving conflicts about the fair value of real estate property. Their valuations can be questioned by property owners who think the value is wrong. The Basics of Appraisal Disputes Appraisal disputes happen when people disagree on the value of a property.

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Appraisal Legal Valuation Law 36

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. An STR represents a “going concern value” which is most similar to the market value of a business operation which includes the assets of the business.

Appraisal 78

Appraisal Tenants Investors Business 78

Aedis Appraisals

JUNE 13, 2017

Although current market trends and recent property sales also play a big role as well. This examination ensures that lenders can recoup the loan amount in the event of a mortgage default while concurrently insulating the homeowner from inequitable property valuations and exorbitant interest rates.

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Property Appraisal Appraisal Inspection Real Estate 36

Appraisal Today

APRIL 14, 2023

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.” It is one environment where residential appraisers are still valued. Worth reading.

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Appraisal Bracketing Valuation Contracts 52

Housing Wire

JUNE 15, 2021

Understanding the market value of collateral is a key fundamental component of safe and sound lending. President Joe Biden recently addressed the appraisal bias topic in comments made as part of the centennial commemoration of events in Tulsa, Oklahoma, asking for an “interagency effort to address inequity in home appraisals.”

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Appraisal Valuation Law Lending 418

Listing Spark

SEPTEMBER 23, 2024

Price competitively to attract buyers : In many markets, pricing your home slightly below market value can actually work in your favor. Of course, this strategy depends on your local market conditions, so discuss it carefully with your agent. Is inventory low or high?

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Buyers Modernization Real Estate Agent Real Estate 68

Houston Properties

MAY 16, 2022

Get A FREE Home Valuation Enter your email to receive a free, easy to read seller's guide on how to sell your house in the shortest time for the most money. We relocated to Texas from out of state 3 years ago, and Paige’s intimate knowledge of Houston neighborhoods, valuations, trends, and pitfalls was simply unmatched. Get PDF Now.

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Marketing Real Estate Buyers Valuation 36

Valuation Nation

AUGUST 2, 2021

As the author of these blogs is an appraiser, and this deals with the largest real property valuation organization in the country, I thought it may be apropos to style this blog after an appraisal review. Date of Review Report: 08/02/2021. There is a second tier to this assignment which includes the reviewer’s consultation.

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Appraisal Design Development Legal 40

Housing Wire

OCTOBER 17, 2024

Much of the concern stems from the potential for an additional event that could require Ginnie Mae to assume control of another reverse mortgage lender’s portfolio. Its assumption of a portfolio formerly belonging to a leading lender that went bankrupt has caused significant strain on Ginnie Mae’s resources.

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Valuation Design Finance Development 458

Property Metrics

MARCH 13, 2025

Key Investment Metrics in CRE In commercial real estate, certain metrics serve as the backbone of investment analysis , valuation, and risk management. NOI is foundational to valuation methods like Cap Rate and risk metrics like DSCR, making it one of the most critical metrics in commercial real estate analysis.

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Real Estate Investing Tenants Investors 36

Housing Wire

FEBRUARY 5, 2025

While both nations share climate vulnerabilities, distinct regional risks pose challenges for property values and mortgage lending. Property values: Impact and implications U.S. property values are increasingly affected by severe climate events. following major wildfire events.

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Valuation Insurance Real Estate Lending 390

Appraisal Today

FEBRUARY 7, 2025

Excerpts: The upcoming Super Bowl is the sporting event on everyones lips at the moment as football fans across the country prepare to watch the Kansas City Chiefs battling it out with the Philadelphia Eagles (while music fans eagerly await Kendrick Lamars halftime performance). Braun, MAI, SRA The Contract Price as Market Value Really?

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Home Value Appraisal Contracts Mortgage 53