Appraisal Buzz

JULY 18, 2022

In Lancaster City, for example, we must be weary that any sale going under agreement in less than 2 weeks in the current market is reflective of “market value.” These concepts are what appraisers refer to as the relationship between “exposure time” and “conditions of sale.” The post Market Correction or Seller Panic?

Sellers 435

Sellers Marketing Market Value Home Value 435

Housing Wire

NOVEMBER 2, 2021

The prior announcement was stunning in its own right, and led to revelations that the company bought homes for well above market value, and re-listing homes for less than what they were bought for. By close of the market Tuesday, the company’s stock price had tumbled 12% during the day, trading at $87.20

Market Value 420

Market Value Real Estate Agent Agents Business 420

Housing Wire

OCTOBER 9, 2023

First, certain disclosures must be made to the consumers who are being referred. And third, the only thing of value that the referring party may receive is a return on an ownership interest. “To qualify for the safe harbor, an affiliated-business arrangement must meet three statutory conditions,” the authors argue.

Real Estate 469

Real Estate Insurance Brokerage Real Estate Agent 469

Appraisal Partners Blog

SEPTEMBER 24, 2024

These factors can affect its market value. A well-maintained or updated home may hold more value. By matching it with similar homes, they can effectively estimate the property’s market value. They provide a benchmark for the property’s value. Together, these comparisons shape the final value estimate.

Home Value 78

Home Value Marketing Market Value Sellers 78

Valcre

SEPTEMBER 7, 2022

Appraisal of a commercial property refers to the assessment of the property’s fair market value. Appraisal of commercial properties can be a daunting task as appraisers come in multiple times to check the property and hold several discussions with stakeholders to determine its value.

Appraisal 79

Appraisal Property Appraisal Market Value Mortgage 79

Appraisal Buzz

MAY 20, 2024

You can pull the comps on it for reference. Faster Turnaround Times In a seller’s market, the lending institution and homeowners may demand faster turnarounds to push the sale through before the market fluctuates. Create connections so you can find out what other homes in the neighborhood are going for.

Appraisal 370

Appraisal Marketing Valuation Sellers 370

Housing Wire

MARCH 9, 2021

The brokerage calculated home-equity gains throughout 2020 for each neighborhood type for homeowners who purchased a home anytime during 2019, using January 2021 Redfin Estimates as a proxy for current market value. The terms “Black homeowner,” “white homeowner,” etc.

Home Value 498

Home Value Market Value Brokerage Inventory 498

Housing Wire

MAY 18, 2021

The number of days on the market before an offer is accepted is usually six days, and everyone knows it’s going to sell above market value.” For reference, a recent study from the National Association of Home Builders found that lumber prices are adding an average of nearly $36,000 to the cost of a new build.

Real Estate 469

Real Estate Marketing Real Estate Agent Agents 469

Birmingham Appraisal

MAY 28, 2024

The Assessment Process The assessor’s office estimates your property’s market value and applies an assessment ratio to determine its assessed value. For example, if your home’s market value is assessed at $300,000, the assessed value would be $30,000. If I can help you with an appraisal please let me know.

Property Taxes 79

Property Taxes Market Value Appraisal Real Property 79

Housing Wire

APRIL 8, 2021

The increased market size Wells refers to is best demonstrated in the third-party buyer sales rate for foreclosures brought to auction on the Auction.com platform compared to the overall market. 36,000 Surplus per Sale.

Retail 461

Retail Market Value Marketing Buyers 461

The Robert Weiler Company

SEPTEMBER 18, 2022

Any loan for a property is based on the appraisal value. As a land buyer, owner, or seller, understanding the true market value of the real estate in question is important. Also referred to as a land valuation, property valuation, or real estate appraisal, the ultimate goal of a land apprasal is to determine the market value.

Appraisal 78

Appraisal Valuation Real Estate Market Value 78

Appraiserblogs

SEPTEMBER 9, 2022

The power itself is referred to as the eminent domain power. Taking private property for public use is one of the most powerful government actions under the constitution. The exercise of this power is commonly known as condemnation. Eminent domain can occur at the federal, state, and local levels of government.

Law 139

Law Government Appraisal Process Appraisal 139

Housing Wire

JUNE 7, 2024

Here are my top do’s and don’ts for finding listing referrals through your sphere: Do: Educate your sphere about how to refer business to you. Market data about the area, an invitation to an upcoming open house, or info about a coming soon listing nearby are all great items of value. Who’s it for? All you extroverts out there!

Real Estate 469

Real Estate Open Houses Agents Sellers 469

CA Realty Training

JULY 12, 2021

In exchange for this, the homeowner gets compensated with the property’s fair market value. Once they have identified a specific property, an agent will evaluate it to determine its fair market value. After the fair market value is determined, the offer gets presented to the owner. But what does it mean?

Real Estate 69

Real Estate Market Value Real Estate Agent Government 69

Simonson Real Estate

DECEMBER 6, 2022

Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Housing Wire

DECEMBER 10, 2021

In the secondary market, these non-QM loans are in demand this year and are expected to continue propelling the growth of private-label securitizations in the year ahead, according to Dane Smith, president of Versus Mortgage Capital. “We So far this year, the company has brought seven non-QM private-label deals to market valued at nearly $2.5

Lending 498

Lending Finance Mortgage Government 498

Boston Appraisal

FEBRUARY 11, 2024

Targeting the Most Likely Buyer The niche market for historical properties typically comprises buyers who value historical preservation and authenticity. Understanding the unique appeal of these properties to such buyers is crucial in accurately determining their market value.

Appraisal 147

Appraisal Renovations Architecture Appraisal Process 147

Birmingham Appraisal

MAY 21, 2024

Condition and Age of the Property The age and condition of a home directly impact its market value. Renovations and updates can reduce these effects by increasing a home’s market appeal and extending its lifespan. Whether it’s a buyer’s or seller’s market can greatly influence home prices and property values.

Home Value 73

Home Value Architecture Renovations Real Estate 73

Housing Wire

AUGUST 3, 2023

Creating new content, whether in the form of text, photos, videos or computer code, is referred to as generative AI. Combining the strengths of AI with the expertise and insights of real estate professionals could provide the best results in accurately assessing the market value of homes.” These are large language models (LLMs).

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Appraisal Buzz

MAY 24, 2021

Reproduction refers to how much a replica would cost to build. Essentially, you calculate each unit’s fair market rent based on other rentals located in the neighborhood. Then, you multiply your numbers by the Gross Rent Multiplier to arrive at the property’s fair market value.

Appraisal 397

Appraisal Tenants Buyers Landlords 397

Eppraisal

NOVEMBER 26, 2024

Understanding Home Equity Home equity refers to the portion of your home that you truly own, calculated as the difference between the home’s current market value and the outstanding mortgage balance.

Investing 36

Investing Property Taxes Real Estate Market Value 36

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. The contract will also likely reference a second document, either a deed restriction or a ground lease.

Valuation 36

Valuation Market Value Contracts Appraisal 36

Birmingham Appraisal

MAY 2, 2023

This type of appraisal is often used for estate and tax purposes, as it can help establish the market value of a property at a prior point in time. The appraiser will review a variety of data sources to determine the market value of the property as of the effective date of the appraisal.

Appraisal 52

Appraisal Market Value Inspection Real Estate 52

The Robert Weiler Company

APRIL 20, 2021

They are: (1) the asset-based approach; (2) the earning value approach; and (3) the market value approach. The key is to apply the optimal approach for each business, based on the business’s capital structure, management, prospective future earnings, and market value. The market value approach.

Valuation 147

Valuation Business Buyers Market Value 147

Housing Wire

FEBRUARY 7, 2023

MSR prices and the come to Jesus moment Smith said the MSR market currently, based on unpaid principal balance (UPB), is about $14 trillion in total size, “which translate into about $200 billion of market value.” Rice Park Capital acquired some $30 billion in MSRs [UPB] in 2022, Smith said. “As

Sellers 323

Sellers Investors Valuation Finance 323

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. Have a great weekend! I hope you enjoy it!

Development 337

Development Appraisal Valuation Market Value 337

Property Metrics

DECEMBER 18, 2020

It is also common to see the going-in cap rate referred to as the yield on cost, development yield, return on cost, cost cap rate, or the “build-to” rate. The going-out cap rate is the projected stabilized net operating income for the property, divided by the market value upon completion. Development Spread and Profit Margin.

Development 69

Development Real Estate Market Value Construction 69

Appraisal Today

JULY 1, 2023

Reference Guides for the Restricted Appraisal Update Report and Completion Report to provide guidance on entering information and how it will be displayed. Highest and Best Use vs. Market Value By Timothy Andersen, MAI Excerpts: There are numerous definitions of market value. This link has sample appraisals.

Appraisal 87

Appraisal Contracts Market Value Mortgage 87

Cleveland Appraisal Blog

JULY 6, 2022

Interestingly, some appraisers don’t like using the term inspection when describing our walking thru a home to observe things like its condition, layout, and other aspects of the home that impact market value.

Inspection 369

Inspection Appraisal Technology Clients 369

Miller Samuel

MARCH 19, 2019

This position seems to be derived from one of only two references cited in the FPI white paper , a fun New York Magazine cover story by Andrew Rice. That article came out in 2014 right as the housing market was peaking. The market value of these properties will be based on a "comparable sale-based valuation method."

Real Estate 370

Real Estate Law Development Investors 370

The Robert Weiler Company

APRIL 12, 2023

With recent headlines focused on politics, protests, and international disputes, Ohio commercial property owners may have overlooked or forgotten that a statewide property tax reassessment (also referred to as a reappraisal) is underway. Important characteristics may include location, size, condition, floor plan, and the surrounding area.

Property Appraisal 148

Property Appraisal Property Taxes Valuation Real Estate 148

Eppraisal

MAY 5, 2023

Local zoning boards and planning commissions each have their own references and criteria when it comes to the build-out of a home office. In issuing a variance -- or variances -- for such a project, municipal authorities will often refer a petitioner to the public guidelines, available online or on paper.

Business 36

Business Finance Home Value Construction 36

Cleveland Appraisal Blog

JANUARY 21, 2021

Before I go on, I should also make clear the type of cracks I am referring to. Especially if they are believed to be indications of major structural problems because this has an impact on value. It is impossible to know the impact on market value until we know if repairs are needed. Settlement cracks! NON-STRUCTURAL.

Appraisal 232

Appraisal Inspection Real Estate Market Value 232

Walitt Solutions

MAY 24, 2024

My market value conclusion came in below the purchase contract price. Now, a few weeks later, the parties have signed an addendum to the contract to match my value conclusion; the client has sent me that addendum. So, the contract price changing does not require the appraiser to consider this situation a new assignment.

Contracts 74

Contracts Appraisal Clients Market Value 74

McKissock

SEPTEMBER 10, 2020

Business components in special purpose properties are often referred to as “intangibles.” For more information on intangibles, please refer to this whitepaper: Understanding Intangible Assets and Real Estate: A Guide for Real Property Valuation Professionals by the IAAO Special Committee on Intangibles. Intangibles.

Appraisal 54

Appraisal Valuation Real Estate Design 54

Eppraisal

APRIL 12, 2024

Home equity refers to the difference between the market value of your property and the outstanding balance on your mortgage. As you pay down your mortgage or as the value of your home appreciates, your equity grows.

Investing 36

Investing Real Estate Tenants Market Value 36

Padove Appraisal Service

JANUARY 14, 2018

Chronological age refers to the actual age of the dwelling. Effective age refers to how old the structure appears to be or “feels.” Updates refer to the physical condition of the home, while upgrades refer to the quality of construction materials used. These sales provide insight into actual market reactions.

Home Improvement 78

Home Improvement Appraisal Construction Renovations 78