Appraisal Buzz

APRIL 15, 2024

Using the form structure, GSEs have been ingesting these eclectic abbreviations to develop a large database of residential valuation. Really, appraisers have always thought this way. The appraiser will be led through a process, defined by the scope of work. Most appraisers have diversity in their business channels.

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Realvals

FEBRUARY 10, 2025

The appraiser then weighs all factors to arrive at the appraised value. This figure represents the property’s fair market value. The methodology of this valuation approach is based on the principle of substitution. Role of the Appraiser Appraisers play an important role in real estate transactions.

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Cleveland Appraisal Blog

JULY 6, 2022

The 2021-2022 edition of USPAP defines a “Personal Inspection” of a property being appraised as follows: “A physical observation performed to assist in identifying relevant property characteristics in a valuation service.” It took me hours to measure the improvements on the property.

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Appraisal Hub

JULY 26, 2024

This is called property valuation. Whether buying, selling, or refinancing a property, a meticulous and professional appraisal is essential to ensure fair market value. What Is Property Valuation? When appraisers visit a house, they find out how much the owner wants to sell for.

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Appraisal Hub

DECEMBER 20, 2023

Whether you’re a homeowner, a prospective buyer, or a real estate professional, understanding the true value of a property is crucial. This is where the expertise of a real estate appraiser becomes invaluable. Appraisers in Toronto, like those at Appraisal Hub Inc.,

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The Robert Weiler Company

SEPTEMBER 16, 2021

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. The goal of a real estate valuation is to pinpoint the price and value of a property.

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AmeriMac

MARCH 15, 2025

Understanding Appraisal Management In real estate, determining a property’s fair market value is crucial for transactions. Appraisal management involves coordinating and overseeing the valuation process to ensure compliance with industry standards like USPAP in the US.

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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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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-27 et al.)

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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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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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Boston Appraisal

SEPTEMBER 18, 2023

But often, the role of the real estate appraiser is overlooked. As industry leaders in both residential and commercial real estate valuations, Boston Appraisal Services deeply understands the critical contribution that precise appraisals make in the estate planning matrix.

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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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Appraisal Hub

JANUARY 11, 2021

After all, every commercial property is different in terms of value, supply, demand, size, location, and other qualities that may affect valuation. So if you are considering a commercial real estate appraisal in Toronto, be sure to have it done by an experienced property appraiser. What it’s all about.

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Birmingham Appraisal

JUNE 7, 2023

Appraisers Helping Accountants In the realm of real estate transactions, residential appraisers play an important role in providing accurate valuations. Appraisers also offer valuable support to accountants by providing crucial insights and data for various financial purposes.

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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

APRIL 18, 2024

Challenges in Appraising Mixed-Use Developments Complex Valuation Models : Mixed-use properties require appraisers to be adept in multiple valuation methods. Since these developments encompass various property types (e.g., Risk Assessment : Different income streams carry varying levels of risk.

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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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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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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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AmeriMac

JANUARY 31, 2025

With the help of professional appraisers, people can make better decisions and trust accurate property valuations when buying or selling their homes. The Definition and Purpose of Real Estate Appraisals A real estate appraisal determines a property’s market value by an expert on a specific date.

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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. . This new perspective often helps real estate professionals show the property from a new perspective, making the most of its surroundings.

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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. This can help your attorney make informed decisions during property division negotiations.

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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. Conclusion Have you got divorced recently but are still stuck defending your assets?

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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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The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser.

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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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AmeriMac

OCTOBER 15, 2024

Appraisal litigation deals with solving conflicts about the fair value of real estate property. A property appraiser’s office plays a key role in these disputes. Their valuations can be questioned by property owners who think the value is wrong. Contact us by phone or online today.

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Appraisal Today

AUGUST 23, 2024

Billionaire Getty Heir Puts Extraordinary Greek Temple (Temple of Wings) on the Market for $5 Million Redfin Reports Investor Home Purchases Post Biggest Increase in Two Years The Biggest Home in Each State Objectionable Valuations Become Hate Speech, Inflating Home Prices Mortgage applications decreased 10.1

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AmeriMac

JULY 25, 2022

Home negotiations can be deadlocked because of the valuation differences of a property by both prospects and homeowners. This is why home appraisals are advised to ensure property costing is as fair as possible. What Is an Appraisal? What Is Appraisal Review? Resolves Legal Conflict.

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McKissock

AUGUST 13, 2021

For a typical “as-is” Market Value assignment with a straightforward contract with no contingencies or conditions, there is probably nothing that an appraiser actually needs to see. If a property appraises for $200,000 for a refinance, then it is still a $200,000 property for a sale transaction.

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Appraisal Today

JULY 12, 2024

At the center lies this crucial inquiry: Are only essential requirements included in the Real Property Appraiser Qualification Criteria? By staying informed and considering all relevant factors, you can deliver credible valuations. In response, the AQB has recognized that this request is just one aspect of a broader inquiry.

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Appraisal Today

APRIL 14, 2023

Indemnification Clauses: What Appraisers Should Know Excerpts: When adding an appraiser to their appraisal panel, a lender or an appraisal management company (AMC) will present the appraiser a 5-15 page long “Appraisal Services Agreement” or “Appraiser Engagement Agreement” for the appraiser’s signature.

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Clear Capital

JUNE 21, 2022

When Freddie Mac published the study, “ Discovery of Racial and Ethnic Valuation Gaps In Home Purchase Appraisals ” in late 2021, its conclusion, “that Black and Latino applicants receive lower appraisal values than the contract price more often than White applicants,” sent shockwaves through the mortgage industry.

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Appraisal Today

JUNE 23, 2023

From determining asset values for financial reporting to assisting with investment analysis, property disputes, tax planning, and mortgage financing, appraisers offer a wealth of knowledge and data that accountants can rely on for accurate and informed decision-making.

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Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. According to Freddie Mac’s equitable housing finance plan, it could be the expansion of automated valuation models.

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DataMaster

JUNE 2, 2023

The Biden-Harris administration has been vocal in its efforts to address racial and ethnic bias in home valuations. In 2022, the administration launched the interagency task force on Property Appraisal and Valuation Equity (PAVE). Led by HUD, PAVE’s task force is made up of 13 federal agencies, including the FHFA.

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