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3 Things An Appraisal Should Tell You That You May Not Know

Cleveland Appraisal Blog

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value? That can have a big impact on market value.

Appraisal 358
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The title industry’s latest cat-and-mouse game: seller impersonation fraud

Housing Wire

Then, posing as the property owner, the scammer contacts a real estate agent to list the property. The property is then listed, typically below market value to generate interest in the listing. When it comes to close on the sale of the property the scammer will request a remote notary signing.

Sellers 397
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Appraising Green Buildings: Do Solar Panels Add Value to the Property?

Boston Appraisal

Green buildings are defined as properties that use renewable energy and efficient building materials in their operation, construction, and design to create positive impacts on human and environmental health. Property owners are often surprised when the time comes to estimate the fair market value of their green building.

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Creativity, AI Help Boost Fraud Risk in Real Estate

Will Springer Realtor

The world of residential real estate can be a fast-paced business, where deals are struck, fortunes made … and danger potentially lurks just below the surface. It’s not exactly new: Hackers have been targeting American consumers as well as real estate professionals for many years in an attempt to steal money.

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Unlocking Hidden Value: The Benefits of Alternate Valuation Products

AmeriMac

Alternate valuation products are new tools for determining the market value of residential properties. Unlike regular appraisal methods, which mainly consider recent sales data and the property’s features, these products use more data points and different analytical techniques.

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Appraisal Value Vs. Sale Price

Appraisal Today

Value is defined in the Uniform Standards of Professional Appraisal Practice (USPAP) as: “The monetary relationship between properties and those who buy, sell, or use those properties, expressed as an opinion of the worth of a property at a given time. Unlike value, price is not an opinion. What is Sale Price?

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Three Types of Commercial Real Estate Obsolescence

Property Metrics

The real estate term for this type of risk is “obsolescence” and there are three types that CRE investors should be aware of. Functional Obsolescence is the impairment of a real property’s functional capacity due to changes in market tastes and/or standards. Functional Obsolescence.