The Robert Weiler Company

JULY 6, 2021

They have usually been constructed over 20 years ago and require renovation at this point. An investor can either put money in through value-add projects to update the building or seek residential and mixed-use conversion options. Class A properties sell themselves, and Class B and C’s can be renovated to cater to a target market.

Logistics 147

Logistics Tenants Real Estate Modernization 147

Birmingham Appraisal

NOVEMBER 14, 2023

Agents and appraisers are not that different in their desire to determine an accurate market value for a property. Therefore, when searching for comps, agents should factor in the impact of the local school system on property values. This is commonly known as the law of diminishing returns.

Market Value 94

Market Value Agents Appraisal Bracketing 94

East Coast Appraisal

MARCH 16, 2023

A home appraisal is one of the best ways to determine a property's market value. A higher appraisal value means you can sell your home for a higher price, which can result in a larger profit for you as the seller. Also, you can install a separate mother-in-law suite, as most houses lack this feature.

Appraisal 52

Appraisal Renovations Home Value Inspection 52

Listing Spark

JANUARY 5, 2025

Some common types of homes that are often sold as-is include: Fixer-uppers : These homes require significant repairs and renovations to make them habitable. How the as-is clause in the Texas law can be confusing The as-is clause on a standard Texas TREC contract can be confusing for some home-sellers.

Inspection 36

Inspection Sellers Real Estate Agent Contracts 36

AmeriMac

OCTOBER 28, 2024

Sold below market value, they often require significant repairs. The property may also have legal issues, like title problems or unpaid liens, which can affect its value. Appraisers must fully understand foreclosure processes, legal issues, and local market trends to set the correct market value for REO properties.

Property Appraisal 36

Property Appraisal Appraisal Legal Valuation 36

The Robert Weiler Company

OCTOBER 21, 2022

The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. Question 6: What is the overall commercial real estate appraisal process?

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Property Metrics

AUGUST 13, 2020

A liquid asset is one that can be sold immediately at market value. If an owner had to sell a piece of real estate by the end of the day, chances are that it would be for a price far below market value. The degree of illiquidity varies according to location, property type, and market cycle. Liquidity Risk.

Real Estate 53

Real Estate Tenants Investing Construction 53

PennyMac

NOVEMBER 27, 2023

Equity is the difference between the market value of your home and the amount you owe on your mortgage. Once you've accumulated enough home equity, you can tap into it for various needs like home renovations, debt consolidation or other expenses. Any increase in market value also contributes to an increase in your home equity.

Market Value 36

Market Value Tenants Renovations Insurance 36

AmeriMac

APRIL 11, 2022

They’ll factor in renovations and even additions that may have been made since that time. Then, based on all of this information, they’ll come up with a fair market value for the home that they’re working on. They’ll look at the number of bedrooms, bathrooms, etc.

Appraisal 36

Appraisal Real Estate Renovations Training 36

Will Springer Realtor

FEBRUARY 13, 2025

Seattle and Washington state have already begun addressing these trends with laws allowing for more accessory dwelling units and increased density in areas once zoned exclusively for single-family homes. Its important to note that in King County, property taxes are based on assessed value, not the actual sale price.

Property Taxes 36

Property Taxes Design Buyers Market Value 36

Appraisal Buzz

JULY 16, 2024

It would include an exception for new construction and substantial renovation or rehabilitation. Moreover, the plan would exclude new construction and buildings undergoing major renovations. This would apply to landlords with more than 50 units in their portfolio, covering more than 20 million units across the country.

Landlords 435

Landlords Tenants Land Management Construction 435

Housing Wire

APRIL 25, 2022

Minority homeowners are paying more for public services relative to the market value of their homes, the researchers wrote, a dynamic the researchers demonstrated in all but a handful of states. That data is then fed to a software program that uses a proprietary model to calculate the property’s value. Taxpayers revolt.

Property Taxes 435

Property Taxes Appraisal Government Valuation 435

Assurance Financial

APRIL 29, 2021

FMV (Fair Market Value). A home’s fair market value or FMV is the price it would sell for under normal conditions. Home equity is the difference between the amount a person owes on their mortgage and the value of their home. HELOC (Home Equity Line of Credit). A HELOC is similar to a credit card. government.

Mortgage 74

Mortgage HOA Insurance Real Estate Agent 74

Property Metrics

MARCH 13, 2025

When investing in commercial real estate, understanding property classes helps gauge a buildings quality, risk profile, and renovation potential. These can be good value-add opportunities if upgraded to Class A standards. Class C : Older buildings in less desirable locations, often needing significant renovations.

Real Estate 36

Real Estate Investing Tenants Investors 36