Remove Government Remove Property Appraisal Remove Property Taxes
article thumbnail

Clear Capital launches APIs to make adopting modern valuations solutions easierĀ 

Housing Wire

The rollout of APIs follow changes made around modern valuation solutions made by the government-sponsored enterprises (GSEs) over the past year. Last month, the Federal Housing Finance Agency released plans, developed by Fannie Mae and Freddie Mac , to make the housing market more equitable, in part through changes to the appraisal process.

article thumbnail

Why You May Need a Commercial Property Appraisal

East Coast Appraisal

A commercial property appraisal has numerous benefits to all players in the real estate industry. Property owners, sellers, renters, buyers, and even mortgage companies can all benefit from commercial property appraisals. Below are some reasons to commission commercial property appraisals. Contact us.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 Mistakes to Avoid During Property Appraisal

East Coast Appraisal

property appraisal is essential in the real estate industry. It aids in determining the property's market value, ensuring the buyer can acquire it at a fair price. This blog will discuss specific errors that may impact the valuation process and which should be avoided during property appraisal. .

article thumbnail

26 Reasons to Get an Appraisal

Realvals

By providing an unbiased estimate of a property’s value, an appraisal ensures that you know the real value of your property. Beyond these most common scenarios, appraisals have numerous other use cases. Estate planning, property tax appeals, divorces, and gifting, are some of the many others.

Appraisal 145
article thumbnail

Expert Witness Testimony: The Indispensable Role of Real Estate Appraisers in Legal Disputes

Boston Appraisal

Tax Disputes : Property owners challenging their tax assessments, whether for year property taxes or estate and probate taxes, rely on appraisers. Eminent Domain Cases : When government entities acquire private land for public use, appraisers determine just compensation for property owners.

Legal 148
article thumbnail

Decoding Property Appraisal for REO Properties

AmeriMac

Real Estate-Owned (REO) properties are distressed homes acquired by lenders after failed auctions. Different from traditional transactions, they are owned by financial institutions or government agencies like Freddie Mac or HUD. Unlike regular appraisals , REOs are often distressed properties sold “as is.”

article thumbnail

Understanding Mortgage Payments

Assurance Financial

Property search: You search for a property to purchase within the pre-approved loan amount. Property appraisal: The lender hires an appraiser to determine the value of the property to ensure it is worth the amount being borrowed. Divided by 12 months, that’s $750 in taxes on your mortgage payment.