East Coast Appraisal

FEBRUARY 23, 2022

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.

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East Coast Appraisal

OCTOBER 18, 2021

Accurate home appraisals benefit both property buyers and sellers. Appraisals help buyers to get mortgage approval and avoid overpaying for their houses. Below are two common approaches to property appraisals. The appraisal will consider the market value of the land. The topography.

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Appraisal Hub

DECEMBER 22, 2021

Appraisers in Toronto can help you make an informed decision before you buy or sell a property. With a home appraisal, you can position yourself more confidently in the market. Why get your property appraised? The purpose of a property appraisal is to determine the real market value of your home.

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Valcre

SEPTEMBER 7, 2022

Appraisal of a commercial property refers to the assessment of the property’s fair market value. For property owners, getting a professional appraisal is absolutely necessary before mortgaging or selling their property.

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AmeriMac

JUNE 15, 2024

Key Highlights Real estate investment properties require accurate appraisals to determine their market value and potential return on investment. The appraisal process involves various valuation methods such as the sales comparison approach, income approach, and cost approach.

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Appraisal Hub

AUGUST 13, 2021

If the loan is worth more than the home’s market value, the bank may find it challenging to recover their investment if the buyer defaults on their mortgage. The seller – A seller might want to call a property appraiser in Toronto before selling their home and setting the starting price. Appraisal Hub Inc.

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Appraisal Hub

JANUARY 6, 2021

Do you need to learn your home’s real market value? It is best to turn to one of the reputable and established appraisal firms in Toronto to hire a professional property appraiser. It is important for property appraisers to be certified in what they do.

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The Robert Weiler Company

MARCH 15, 2021

A special use property for sale may come with its own personality, recognizable throughout the community; however, size restrictions may cost you the needed foot traffic in the end. Budget : There are several considerations when it comes to forming your budget for specialty properties for sale. Such an approach isn’t controversy-free.

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D Fritz Appraisals

SEPTEMBER 11, 2023

If you are looking to sell quickly or have a limited budget, it is worth researching the renovations that increase home value the most. Fritz Appraisals Inc. knows which renovations can add market value – and which will make your home more valuable to you but won’t necessarily increase the selling price.

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Appraisal Hub

NOVEMBER 23, 2022

Now might be the best time to sell your home and avoid further falls in the market. But to ensure that your property is sold for fair market value, you’ll need the guidance of a reliable appraisal company. Why you need appraisal services in Toronto: Find the Right Value for Your Property.

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Realvals

JUNE 18, 2023

With this comprehensive list, you’ll find the most common and some more uncommon reasons to get an appraisal. Buying a Home When buying a home, an appraisal can help you in two ways. One, as way to know the value before making an offer, and two, for the mortgage process after making an offer.

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Aedis Appraisals

JUNE 13, 2017

So, if you happen to be interested in getting a real estate appraisal in Toronto , for instance, feel free to use this article as an introductory guide to understanding the ins and outs of the modern appraisal process. What Is an Appraisal and When Do I Need One? When refinancing or restructuring an existing property loan.

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Appraisal Partners Blog

JANUARY 31, 2024

Whether you are purchasing a home, looking to refinance, considering a home improvement, settling an estate, or divorce, We’ll he­lp you determine your home’s fair market value. In this blog, we will tell you some benefits that will showcase the importance of residential property appraisal. Le­t’s decode this.

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Appraisal Hub

AUGUST 21, 2020

A professional appraisal can give you an unbiased opinion of your home’s value, which can be especially useful if you are planning to sell it soon, if you want to refinance your mortgage, or simply want to update your statement of assets. That report should help you understand your Toronto home’s appraisal value.

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Appraisal Hub

MARCH 19, 2023

A home appraisal in Toronto is necessary when applying for a mortgage, refinancing, or selling your house. This appraisal will give you critical information to help you make informed choices and understand the true value of the asset. How Do Banks And Other Lenders Use Appraisals? Appraisal Hub Inc.

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AmeriMac

JANUARY 31, 2025

Understanding Real Estate Appraisals in New Albany In real estate transactions, a real estate appraisal is very important. A qualified professional appraiser gives an unbiased estimate of the property’s market value. This analysis compares similar properties in the area that have recently sold.

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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. Their expertise goes beyond helping buyers and sellers determine accurate market value.

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Assurance Financial

APRIL 29, 2021

Mortgage Lending Terminology . If you plan to buy a home or refinance an existing mortgage, you’ll likely encounter mortgage loan terms and definitions that may be unfamiliar — especially if you’re buying a house for the first time. Adjustable-Rate Mortgage (ARM). Assessed Value. Amortization.

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D Fritz Appraisals

NOVEMBER 9, 2019

A local appraisal company working with a mortgage broker local to Victoria BC , can help you find out if you have enough capital or home equity in your existing property to qualify for a mortgage refinance so you can purchase another property. 80% of $500,000 is $400,000, minus the $125,000 still owing).

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PennyMac

SEPTEMBER 2, 2024

You’ve made it through the mortgage loan application, and now it’s moving toward the closing table. Read on to learn the important role the Loan Processor plays in the mortgage process, what to expect and tips for facilitating a smooth experience. During the mortgage underwriting process, your documents will undergo a final review.

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McKissock

AUGUST 13, 2021

Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion. What is in the sales contract that an appraiser actually needs to see? When contract prices and value often differ. Questions we should ask ourselves.

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East Coast Appraisal

AUGUST 11, 2022

Many home sellers shy away from property appraisal because they believe the process only caters to the buyer's needs. However, property appraisal benefits both the buyer and the seller. For the buyer, a home appraisal protects them from overpaying for a property. The market ultimately sets the value.

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The Robert Weiler Company

OCTOBER 21, 2022

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. Question 1: What is a commercial real estate appraisal? Question 5: Why are commercial property appraisals important?

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AmeriMac

AUGUST 27, 2024

Mortgage underwriting is an essential step in getting a mortgage loan. The underwriter looks at the risk of lending you a specific mortgage amount based on your creditworthiness and the property’s value. This careful vetting process is key to deciding the terms of your mortgage loan.

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D Fritz Appraisals

SEPTEMBER 19, 2019

A home or house appraisal is a third-party report written by a professional appraiser who visits the property and does market research to analyze how much the house is worth in today’s market. An appraisal report informs homeowners, home buyers, and mortgage lenders on the market value of the home.

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Birmingham Appraisal

FEBRUARY 8, 2023

For the record, I will state that the goal of every appraisal is to estimate the market value of a home, usually for lending purposes. It seems that Fanniemae and the lending industry have hopped onto this bandwagon and they are dragging and pulling appraisers along with them.

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AmeriMac

JUNE 30, 2024

Conducted by a licensed appraiser , the appraisal plays a critical role in the mortgage process by determining the loan amount your lender will offer. In this blog, we’ll cover home appraisal key components, the process, factors influencing values, and tips for buyers and sellers.

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Appraisal Today

AUGUST 9, 2024

Market Value and Appraised Value: Exploring Various Appraisal Values By Jo Traut Excerpts: You’ve probably been asked about the difference between “market value and appraised value” by clients seeking a mortgage. We don’t provide an appraised value of a property.

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AmeriMac

JANUARY 30, 2024

What is a Reverse Mortgage Appraisal? A reverse mortgage appraisal is an evaluation of a property’s value to determine how much money can be borrowed through a reverse mortgage. It takes into account factors like the condition, size, and location of the property.

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Walitt Solutions

MAY 24, 2024

, I find in those discussion groups a lot of the same types of questions my firm discovers when we provides assistance to appraisers, whether that is part of coaching or part of support around a state complaint filed against the appraiser. My market value conclusion came in below the purchase contract price.

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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 Acre lot. “One

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Realtor

MARCH 9, 2016

The home appraisal expert didn’t do a neighborhood deep-dive. To appraise the value of a property, appraisers rely heavily on comps, which are prices paid for similar homes sold recently. But the appraiser could select comps of homes that sold for mysteriously low prices.

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East Coast Appraisal

FEBRUARY 28, 2022

If you plan to refinance or sell your home, you should first determine its fair market value. Then, property appraisals are an opportunity for an appraiser to check your home's quality, condition, amenities, location, and other special features that affect its value.

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Clear Capital

FEBRUARY 23, 2024

Inclusionary Housing : Typically administered by housing authorities or municipalities, inclusionary housing policies require for-profit developers to create a percentage of units sold below market value. From a lender’s perspective, it may be acceptable for appraisers to develop the fair market value of a shared equity property.

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AmeriMac

NOVEMBER 30, 2024

The Importance of Accurate Property Valuations Property appraisals are crucial when buying or selling a home. They provide a fair assessment of the value of the home based on factors like condition, location , and market trends. The appraised value of a home is very important for getting financing.

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McCarthy Appraisal Blog

SEPTEMBER 4, 2018

Ask an appraiser about their education and licensing. Federal law mandates state certification for most appraisers. The two basic licenses are Certified Residential Real Property Appraiser and Certified General Real Property Appraiser. Evaluate the appraiser’s experience.

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AmeriMac

JANUARY 19, 2021

Now, if you’re refinancing your house, you’ll want the appraisal to be as high as possible. However, one thing homebuyers sometimes encounter is a low appraisal. A low appraisal can cause the cancellation of sales contracts because a lender won’t approve mortgages higher than a home’s value.

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