Appraisal Buzz

APRIL 15, 2024

The new data set is all encompassing for every property type (residential) that were traditionally divided into 12 separate forms. The appraiser will be led through a process, defined by the scope of work. This scope of work is determined by the type of property and the characteristics of the property.

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Realvals

FEBRUARY 10, 2025

I have done plenty of property tax appeals in San Francisco. Frequently Asked Questions Property appraisals involve complex privacy and accessibility issues. The following questions address common concerns about viewing appraisal records and reports. How can one access the last appraisal information of a property?

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Appraiserblogs

AUGUST 1, 2022

Her experience as a licensed real property appraiser in West Virginia turned out to be the perfect training ground for the study of public corruption, restraint of trade and government overreach. Are Bifurcated Appraisals Legal in Your State? Lately there has been a push for bifurcated (hybrid) appraisal products.

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Cleveland Appraisal Blog

JULY 6, 2022

.” It then goes on to make an interesting comment: “An appraiser’s inspection is typically limited to those things readily observable without the use of special testing or equipment … An inspection by an appraiser is not the equivalent of an inspection by an inspection professional (e.g., I wish I had it then.

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The Robert Weiler Company

SEPTEMBER 16, 2021

And how does the real estate appraisal process work? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Residential vs. Commercial Property Appraisal and Their Differing Review Process.

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Boston Appraisal

SEPTEMBER 22, 2020

There are four qualifiers that help to determine the highest and best use of a property. The use of a property must be… Legally Permissible. The goal of the real estate appraiser is to identify the use of the property that will be the absolutely most profitable use within legal, physical and financial boundaries.

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Appraiserblogs

MARCH 17, 2021

Bill A5185 and AMC Bill A5146 introduced to the state legislature in New Jersey show just how much state legislators don’t understand the appraisal profession. Valuation Legal warned us about this back in December: Appraiser and AMC Laws to Include Prohibitions Against Discrimination. From Bill A5185: 2. 45:14F-1 et seq.)

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AmeriMac

OCTOBER 28, 2024

The Appraisal Challenges for REO Properties Appraising REO properties presents special challenges for real estate experts. Unlike regular appraisals , REOs are often distressed properties sold “as is.” Liens are legal claims that can hinder a property’s sale and decrease its value.

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The Robert Weiler Company

MARCH 15, 2021

A Special Purpose Property Definition. Legally speaking, a special purpose property definition can be illustrated as any property that has limited use or marketability in addition to features intended for singular use. For instance, the property’s layout may be distinctive or it the building’s design one-of-a-kind.

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The Robert Weiler Company

SEPTEMBER 30, 2020

It isn’t clear who owns the appraised property. Too much time has elapsed between the CRE appraisal and the loan. City or federally owned property is being evaluated. The physical, legal, or economic descriptions of the property are in question. Use Cases for a Commercial Appraisal Review.

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Appraisal Hub

JANUARY 24, 2022

If you’re getting a property appraisal in Toronto, you may be wondering about the process. Why did a neighbouring house get a higher appraisal? The key to a successful and accurate property appraisal is to work with experienced appraisers in Toronto. Request the lender to hire a qualified appraiser.

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McKissock

MARCH 17, 2023

Steps to become a supervisory appraiser Step 1: Meet the requirements Make sure you meet the minimum supervisory appraiser requirements outlined in The Appraisal Foundation’s Real Property Appraiser Qualification Criteria as well as any additional state requirements that may apply.

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Appraisal Hub

JANUARY 11, 2021

So if you are considering a commercial real estate appraisal in Toronto, be sure to have it done by an experienced property appraiser. You can’t go wrong with one of those established appraisal firms that have an extensive track record of providing their services to discerning commercial real estate owners.

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AmeriMac

MARCH 15, 2025

The Role of Appraisal Management in Real Estate Effective appraisal management in real estate provides an unbiased view of a property’s market value by considering factors like location, square footage, recent sales, and market conditions.

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Boston Appraisal

OCTOBER 27, 2023

Divorces are difficult and stressful processes that involve many legal and financial issues. One of the most important and complex aspects of divorce procedures is dividing the marital property, especially the family home. Appraisals are customized and tailored to the specific property and its features.

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Boston Appraisal

JULY 6, 2023

Property disputes can come in many forms: from squabbles between neighbors about boundary lines to legal battles in a divorce proceeding over shared assets. In these situations, a property appraisal can be an indispensable tool in the lawyer’s arsenal.

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Appraisal Legal Market Value Appraisal Process 78

McKissock

MARCH 16, 2021

Mixed-use property (for example, it was used as both a business and residence). Waterfront properties compared to 1-mile radius of non-waterfront properties. For more insights into complex property appraisal, enroll in our top-rated CE course, Complex Properties: The Odd Side of Appraisal.

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Valuation Review

NOVEMBER 8, 2021

This is in conjunction with policies established by The Appraisal Foundation’s Appraisal Standards Board and the Appraiser Qualifications Board.

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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. Unlocking Tax Benefits A precise real estate appraisal also plays a significant role in tax planning.

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Real Estate Appraisal Valuation Legal 78

McKissock

MAY 14, 2023

for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g., fee simple, leased fee, etc.) population, news articles, economic data, internet searches, etc.)

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Birmingham Appraisal

JUNE 7, 2023

For instance, when a company acquires or sells a residential property, accountants need accurate valuation figures to ensure correct financial reporting. Assessing Property Investments Supporting Accountants in Investment Analysis Real estate investments can have a significant impact on a client’s financial portfolio.

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Appraisal Partners Blog

JANUARY 9, 2024

Reasons Why You Should Hire an Appraiser for Divorce Appraisal As discussed, hiring an appraiser plays an essential role in dividing assets and determining the fair market value of residential property.

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Appraisal Hub

DECEMBER 20, 2023

Appraisers in Toronto, like those at Appraisal Hub Inc., bring a deep understanding of local market trends, property characteristics, and legal considerations into their assessments. Fair Property Taxes and Insurance: Accurate appraisals ensure you’re not overpaying on taxes and insurance.

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Appraisal Hub

JULY 26, 2024

Knowing the value of a property is crucial for several reasons: Knowing the Right Price: Imagine you’re buying a car. Property appraisal helps you know if the price of the house is fair and in line with market value. Property valuation involves several steps. Choose Appraisal Hub Inc. Appraisal Hub Inc.

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D Fritz Appraisals

AUGUST 12, 2019

Understanding the differences between an appraisal and an inspection will help you understand when you might need one or the other – or both – before you buy your first home. Let’s explore the similarities and differences between a home inspection and a home appraisal. What Is a Home Appraisal? What Is a Home Inspection?

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Boston Appraisal

SEPTEMBER 22, 2020

There are four qualifiers that help to determine the highest and best use of a property. Property owners are often blinded by the current use of the property, and they fail to see that a change in use could be more profitable. Legally Permissible Transitional properties are commonly created when the zoning is changed.

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Empire Appraisal Group

OCTOBER 5, 2023

What is a Date of Death Appraisal? A date of death appraisal, also known as a “valuation as of the date of death” is a type of real estate or personal property appraisal that determines the fair market value of assets as of the date a person passed away.

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Appraisal Market Value Valuation Law 78

Realtor

JANUARY 27, 2020

stocknshares/iStock Probate is the legal process of sorting and distributing someone’s personal property when they die. According to Nolo , a legal website, the state of Florida, as one example, uses the following fees: Value of estate up to $40,000: $1,500. Cost of getting the property appraised.

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The Robert Weiler Company

SEPTEMBER 16, 2022

A land trust, or conservation land trust, is a legal public or private entity that gains ownership of, or authority over, a piece of land for conservation purposes at the property owner’s request. Often, you can deduct 50% of your income for 16 years up to the conservation easement’s appraisal value. (To

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Boston Appraisal

APRIL 18, 2024

Navigating these regulations requires a deep understanding of local laws to accurately assess potential legal challenges or restrictions impacting the property’s appraisal. Enhanced Community Value : Properly appraised mixed-use developments can contribute to urban revitalization and sustainable community development.

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D Fritz Appraisals

JANUARY 8, 2022

Seeing how useful aerial photography has been in creating real estate listings, real estate appraisers are now also beginning to see the value in adding drone technology to their toolkits. . While the drone pilot maneuvers around the roof, appraisers and agents can be on the ground checking out the foundation.

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Empire Appraisal Group

JANUARY 20, 2022

Some Florida insurers say they have enough problems already, thanks to the rising cost of supplies for replacement jobs like roofs, and they fear that their ongoing legal problems could become exacerbated if they’re faced with new lawsuits over solar-panel issues. “And when you start drilling holes in a roof, it’s problematic.”.

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Realtor

JANUARY 27, 2020

stocknshares/iStock Probate is the legal process of sorting and distributing someone’s personal property when they die. According to Nolo , a legal website, the state of Florida, as one example, uses the following fees: Value of estate up to $40,000: $1,500. Cost of getting the property appraised.

Real Estate 78

Real Estate Insurance Legal Appraisal 78

The Robert Weiler Company

OCTOBER 15, 2021

Tip #5: Hire a professional Ohio real estate appraiser to assess the Columbus, Ohio commercial property for sale before signing. In addition to hiring an attorney, assemble a team of experts, particularly professional commercial property appraisers to assess the property prior to signing.

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McKissock

OCTOBER 19, 2021

The appraiser must determine compliance with this definition as part of the analysis in the Highest and Best Use section of the appraisal.”. As part of the Highest and Best Use Analysis, the following factors may help you make a determination if it is a single-family with ADU or a two-family property.

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Realvals

JUNE 18, 2023

It can also occur when “the decedent owned property that is not arranged specifically to avoid probate.” ” ( source ) The only way to obtain legal ownership of the property is to go through the probate process. Appraisals can be useful in these situations to help resolve any disputes between parties.

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Appraisal Property Taxes Real Estate Market Value 145

AmeriMac

JANUARY 31, 2025

While CMAs give a general guess, full appraisals are detailed assessments made by a licensed professional appraiser. You usually need these appraisals for mortgage loans, settling estates, assessing property taxes, and other legal or financial needs. The appraisal foundation sets the rules for full appraisals.

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