AmeriMac

SEPTEMBER 24, 2024

In real estate transactions, the appraisal process is critical. It helps determine a property’s market value. An appraisal is an expert’s view of how much a property is worth. The expert looks at factors like location, condition, and nearby property sales. When Do You Need a Rebuttal Appraisal?

Appraisal 36

Appraisal Valuation Property Taxes Real Estate 36

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

The appraiser will determine which of the values is most appropriate and reflective of demonstrating the market value of the property being appraised. Once this happens, the appraiser will explain which approach to value was given the most weight, or consideration, and why. I hope you will also… .

Development 337

Development Appraisal Valuation Market Value 337

Cleveland Appraisal Blog

JANUARY 19, 2023

Unless you’re in the property valuation profession, you may not have. The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value.

Appraisal 283

Appraisal Transportation Buyers Real Estate 283

McKissock

SEPTEMBER 10, 2020

As a commercial appraisal reviewer , before you accept a review assignment of a special purpose property, you should become very knowledgeable in understanding the “business component” of these types of properties. Business components in special purpose properties are often referred to as “intangibles.” Second generation use.

Appraisal 54

Appraisal Valuation Real Estate Design 54

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.

Contracts 64

Contracts Appraisal Market Value Real Estate 64

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.

Appraisal 68

Appraisal Reconsideration of Value Insurance Market Value 68

Boston Appraisal

MAY 27, 2019

And because real estate properties are usually the most significant financial asset of the deceased, establishing their fair market value is a priority. If the estate is going through probate, an accurate inventory of the decedent’s possessions—including any real estate properties—is required.

Appraisal 78

Appraisal Real Estate Valuation Market Value 78

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. The purchase of real property for the purpose of investment is not new.

Appraisal 148

Appraisal Tenants Investors Business 148

Appraisal Today

SEPTEMBER 20, 2024

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?

Appraisal 75

Appraisal Business Contracts Real Estate 75

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

The two basic licenses are Certified Residential Real Property Appraiser and Certified General Real Property Appraiser. Loan officers are typically looking for an assessment of the condition of the house and a rough market value to put on the mortgage documents. Evaluate the appraiser’s experience.

Real Estate 36

Real Estate Appraisal Valuation Loan Officers 36

Boston Appraisal

JUNE 24, 2019

Although we can rejoice that the green building movement is becoming more mainstream, the question of whether or not this energy source and other green features add value to a property is still up in the air. Property owners are often surprised when the time comes to estimate the fair market value of their green building.

Appraisal 78

Appraisal Real Estate Market Value Technology 78

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. The purchase of real property for the purpose of investment is not new.

Appraisal 78

Appraisal Tenants Investors Business 78

Empire Appraisal Group

AUGUST 12, 2021

If you’re talking about square footage, recognize that the gross living area calculation used by an appraiser may not match public records, but it enables appraisers to develop a credible comparison in the sales comparison approach and a credible cost approach that will lead to a supported opinion of market value of the subject property.

Sellers 78

Sellers Appraisal Development Construction 78

Empire Appraisal Group

JULY 1, 2021

It’s also the appraiser’s job to develop an opinion on a home’s fair market value, and just because the buyer and seller have agreed on a price doesn’t mean that’s the true value of the property, said Francois Gregoire, broker, appraiser, instructor, and president of Gregoire & Gregoire Inc.,

Agents 78

Agents Appraisal Real Estate Realtors 78

Property Metrics

MAY 28, 2021

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.

Real Estate 50

Real Estate Tenants Modernization Renovations 50

AmeriMac

JULY 15, 2024

Alternative appraisal valuation products offer innovative ways to assess real estate assets using advanced technology and data analysis. These products provide a more efficient property valuation method by incorporating machine learning algorithms and AI. Old-school methods can be time-consuming and biased.

Real Estate 36

Real Estate Appraisal Valuation Tools 36

Appraisal Today

APRIL 2, 2023

The May issue of Appraisal Today will have a review of an excellent book: The Valuation of Condominiums, Cooperatives, and PUDs. I don’t think it includes Weird HOA Rules Once Upon a Time… A Housing Fairy Tale Excerpts: Once upon a time, there was a rich nation which valued many things. Available from the Appraisal Institute.

Contracts 52

Contracts Appraisal HOA Architecture 52

Valuation Nation

AUGUST 2, 2021

As the author of these blogs is an appraiser, and this deals with the largest real property valuation organization in the country, I thought it may be apropos to style this blog after an appraisal review. Date of Review Report: 08/02/2021. There is a second tier to this assignment which includes the reviewer’s consultation.

Appraisal 40

Appraisal Design Development Legal 40