Housing Wire

NOVEMBER 29, 2023

However, wills and estate planning can be costly, and many Americans do not have the resources to legally account for their property before they pass away. Finally, in the case of multiple undocumented heirs, there is a risk of tax sale if the parties disagree on who is responsible for taxes and the obligation is not set out legally.

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Legal Law Property Taxes Government 459

Cleveland Appraisal Blog

APRIL 21, 2022

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value.

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Market Value Appraisal Agents Real Estate Agent 354

Boston Appraisal

MARCH 18, 2024

In legal disputes, the accurate valuation of real estate can be pivotal, making real estate appraisers key expert witnesses. Their specialized knowledge and objective analysis provide crucial evidence that can shed light on complex issues, shape legal strategies, and underpin strong case arguments.

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Legal Real Estate Appraisal Valuation 148

Appraisal Buzz

SEPTEMBER 26, 2022

We have rules, we have standards, and we all know the exact definition of value. The “official unofficial” government-related loan definition of market value is clear. Well-informed or well-advised. Also part of the definition: Reasonable market exposure time. Price is value, everyone understands!

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Market Value Sellers Buyers Finance 321

Housing Wire

MAY 25, 2021

One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate. And appraisal waivers would be informed, not blind.

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Appraisal Valuation Real Estate Modernization 370

Housing Wire

JUNE 11, 2021

Home inspections provide valuable information that can make or break your decision to purchase a home, as well as help you plan for future improvements. During closing, buyers sign several legal documents and pay additional fees, some of which are recurring costs like property tax. “Roof leaks, plumbing leaks, and foundation leaks.

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Inspection Appraisal Appraisal Process Buyers 459

Realvals

FEBRUARY 10, 2025

Appraisals contain sensitive information such as the property value, interior photos of the property, and names of people involved. While appraisals themselves are not public, some related information may be accessible. These comparables or “comps” help determine the home’s value in the current market.

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Appraisal Property Taxes Real Estate Market Value 78

Cleveland Appraisal Blog

MAY 26, 2023

(Assuming they made adjustments) Did you consider any relevant market trends or economic factors when determining the property’s value? Can you provide any additional information or documentation to support your appraisal? There are three approaches to value that an appraiser will consider.

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Appraisal Real Estate Agent Real Estate Valuation 305

Housing Wire

SEPTEMBER 20, 2024

We give them all the same information that Zillow and others would give them — pictures and the AVM with current market value. One of the beautiful things about remote is we have top-tier engineering talent from the markets where they want to live.

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Real Estate Technology Business Investing 448

Cleveland Appraisal Blog

JULY 6, 2022

Interestingly, some appraisers don’t like using the term inspection when describing our walking thru a home to observe things like its condition, layout, and other aspects of the home that impact market value. That’s really one of the beautiful aspects of this new technology! It’s simple, but it yields impressive results.

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Inspection Appraisal Technology Clients 374

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 Whether for daily logs, safety checklists, or an invoice form, digital data capture ensures that critical project information is accessible, accurate, and secure.

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Tools Construction Business Project Management 78

Simonson Real Estate

JULY 10, 2020

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. Helpful information includes tax parcel numbers, legal descriptions, number of buildings, building size, etc.

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Appraisal Process Appraisal Market Value Tenants 148

DataMaster

APRIL 6, 2021

Many people don’t understand home appraisals and how appraisers are legally bound to operate. An appraisal is an unbiased valuation of the fair market value of a home. An appraiser researches available public information online and does a physical inspection of the home. How Does the Appraiser Determine Value?

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Appraisal Appraisal Process Buyers Training 158

Boston Appraisal

MAY 17, 2023

The process of determining a property’s market value is called a real estate appraisal. The appraiser also needs to be aware of the zoning regulations, city ordinances, and other restrictions that can affect the value of the property. What does this mean?

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Inspection Appraisal Construction Valuation 148

Birmingham Appraisal

JANUARY 29, 2025

Pending sales can help us see the direction a market is taking during times of rapid increases or decreases in prices. Using this information helps appraisers provide the most accurate and up-to-date valuation possible. Active listings help us to understand what other competing properties are listed for.

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Appraisal Appraisal Process Valuation Buyers 63

Realvals

JUNE 18, 2023

An appraisal provides you with the clearest understanding of the value of your real estate. Whether you are buying, selling, or refinancing, an appraisal helps you make well-informed decisions in the process. They will also analyze local market trends, recent comparable sales, and any unique features your property might have.

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Appraisal Property Taxes Real Estate Market Value 145

Miller Samuel

MARCH 19, 2019

I've since added more information and insights as the situation unfolds. The market value of these properties will be based on a "comparable sale-based valuation method." which seems in direct conflict with state law since co-ops and condos are valued as rentals by state law in NYC.

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Real Estate Law Development Investors 370

Boston Appraisal

OCTOBER 8, 2022

The appraiser obtains all relevant property characteristics and data such as measurements, room counts, condition, and quality, and utilizes this information in the report. For hybrid appraisals, the property inspection is completed by a third party, and that information is relayed to the appraiser.

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Appraisal Inspection Appraisal Process Valuation 135

Cleveland Appraisal Blog

APRIL 23, 2021

Appraisal and real estate law can be tricky and obtaining advice from a knowledgeable professional will help you and your loved ones make informed decisions and have peace of mind. You can help your loved one by providing the full spectrum of options so they can make an informed decision. Is Market Value Itself Biased?

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Appraisal Real Estate Logistics Law 195

Cleveland Appraisal Blog

AUGUST 11, 2022

The type and range of information you have to provide in the seller’s property disclosure will, of course, depend on the legal regulations of the state where you have the property. In some cases, any attempt to avoid disclosing the problems your home has might result in legal action on the buyer’s part.

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Renovations Buyers Appraisal Investing 221

Cleveland Appraisal Blog

FEBRUARY 11, 2022

The reports may use some impressive-sounding wording and offer pages of information, including pictures, maps, and other items of interest. When reading through that report, I noted that the appraiser got the address and legal description right. The market value is what it is. But it all went downhill from there.

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Appraisal Market Value Clients Design 221

AmeriMac

MARCH 15, 2025

Understanding Appraisal Management In real estate, determining a property’s fair market value is crucial for transactions. Clear valuations are essential for informed financial decisions in the dynamic real estate market.

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Appraisal Valuation Real Estate Appraisal Process 36

D Fritz Appraisals

MARCH 16, 2021

The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. To prepare, gather up all the details about your home relevant to its value. Have a record of comparable properties in the neighbourhood, plus information about neighbourhood amenities.

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Appraisal HOA Easement Valuation 132

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.

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Law Real Estate Investors Legal 78

Appraisal Hub

JULY 26, 2024

Imagine you could get a report card for a home, highlighting each element that adds or subtracts value. Whether buying, selling, or refinancing a property, a meticulous and professional appraisal is essential to ensure fair market value. Knowing the property’s actual value ensures you make a sound financial decision.

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Valuation Buyers Market Value Appraisal 78

Birmingham Appraisal

JUNE 11, 2024

Understanding these “non-traditional” uses can help you, or someone you know, make informed decisions and potentially save money in various situations. The Many Faces of Real Estate Appraisals Real estate appraisals are required whenever the value of a property needs to be determined. Cost does not always equal value.

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Appraisal Property Taxes Valuation Real Estate 88

Birmingham Appraisal

JUNE 7, 2023

Their expertise goes beyond helping buyers and sellers determine accurate market value. Determining Asset Values for Financial Reporting Enhancing Financial Accuracy with Appraisals Accurate financial reporting is essential for businesses and individuals alike.

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Real Estate Appraisal Valuation Legal 70

Appraisal Hub

SEPTEMBER 23, 2024

Real estate appraisals are the safeguard you need in such situations, ensuring buyers and sellers understand a property’s actual value before making a deal. Whether buying, selling, or refinancing, a professional real estate appraisal is crucial for making informed decisions.

Real Estate 78

Real Estate Appraisal Sellers Market Value 78

D Fritz Appraisals

NOVEMBER 16, 2023

A home appraisal is a legal document that determines fair market value for a property. Appraisals are not only important for the house-buying process, but they are also used for financial loans, property tax appeals and some legal processes. What is an Appraisal, and Who Pays for it?

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Appraisal Inspection Appraisal Process Legal 108

Appraisal Hub

NOVEMBER 30, 2023

Whether you’re considering selling your home, refinancing your mortgage, or simply looking to understand your property’s market value, a professional residential appraisal is the key. employ certified professionals who understand the nuances of the local market. Companies like Appraisal Hub Inc., is a wise choice.

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Appraisal Property Taxes Valuation Market Value 78

Simonson Real Estate

DECEMBER 6, 2022

On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. If something comes up that may impact delivery or information is missing, it is important for the lender and appraiser to inform the bank reviewer/credit analyst. Environmental Information.

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Appraisal Process Real Estate Appraisal Renovations 78

The Robert Weiler Company

APRIL 20, 2021

They are: (1) the asset-based approach; (2) the earning value approach; and (3) the market value approach. The key is to apply the optimal approach for each business, based on the business’s capital structure, management, prospective future earnings, and market value. The market value approach.

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Valuation Business Buyers Market Value 147

Boston Appraisal

SEPTEMBER 18, 2023

An accurate appraisal offers that indispensable foundational data, upon which assets can be split in a manner that is both fair and legally defensible. This information is vital for determining whether any assets should be liquidated to cover debts, taxes, or other financial commitments, thereby assisting in effective financial management.

Real Estate 78

Real Estate Appraisal Valuation Legal 78

D Fritz Appraisals

FEBRUARY 22, 2023

It represents the difference between what they owe on their home and its current market value. However, refinancing will also incur additional closing costs, such as appraisal fees and legal expenses, which the borrower should consider before making a decision. What Is Home Equity?

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Investing Real Estate Appraisal Market Value 129

AmeriMac

JANUARY 31, 2025

A qualified professional appraiser gives an unbiased estimate of the property’s market value. This value considers different factors to ensure buyers and sellers are treated fairly. Understanding real estate appraisals is crucial in a changing market like New Albany, OH.

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Real Estate Appraisal Valuation Real Estate Agent 36

MN Real Estate Services

APRIL 20, 2017

Unlike most home appraisals, there are usually far fewer comprable (comps) properties with which to do an accurate valuation based on market activity. Appraisers use three approaches to value in Appraisal Practice when determining the Market Value of a property: The Sales Comparison Approach. The Cost Approach.

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Real Estate Appraisal Valuation Market Value 78

Boston Appraisal

MAY 27, 2019

Not only are they grieving, but they must also take care of the legal obligations and paperwork necessary to settle the deceased’s estate. And because real estate properties are usually the most significant financial asset of the deceased, establishing their fair market value is a priority.

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Appraisal Real Estate Valuation Market Value 78