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The Challenges of Appraising Multifamily Properties

Appraisal Buzz

If you purchase a single-family property, you don’t often rent out the space to others. It’s not uncommon for people to have tenants or roommates, but you’ll typically find that isn’t the case with single-family houses. These properties are not for owner occupancy. That’s why multifamily homes exist.

Appraisal 397
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How To Prepare for a Commercial Property Appraisal

East Coast Appraisal

An appraisal is an unbiased opinion of the value of a property based on its physical characteristics, location, market conditions, and income potential. An appraisal can help you determine the fair market value of your property, negotiate a better deal, or secure a favorable loan.

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Investment Property Appraisals Made Simple

AmeriMac

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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Decoding Property Appraisal for REO Properties

AmeriMac

Real Estate-Owned (REO) properties are distressed homes acquired by lenders after failed auctions. Sold below market value, they often require significant repairs. Understanding these distinctions is crucial for accurately evaluating the value of REO properties compared to conventional real estate assets.

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What’s that Smell Worth? Insights from a Seasoned Appraiser

McKissock

The standard appraisal report’s definition of market value refers to “typical buyers,” most of whom would become acutely aware of such odors right at the door, and when it’s significant will either walk away or discount their offering price. Another example is one of my own rental properties.

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Purchasing an Income Property

D Fritz Appraisals

Using your existing home’s equity, or increased value, to purchase an income property is something financial advisor and mortgage brokers advise all the time in order to help homeowners get ahead and secure financial freedom into their retirement years. Fritz Appraisals at 250-413-7319 to book your next appraisal in Victoria, BC.

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

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?