MN Real Estate Services

APRIL 20, 2017

Unlike most home appraisals, there are usually far fewer comprable (comps) properties with which to do an accurate valuation based on market activity. Appraisers use three approaches to value in Appraisal Practice when determining the Market Value of a property: The Sales Comparison Approach. The Cost Approach.

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Real Estate Appraisal Valuation Market Value 78

Appraisal Partners Blog

JANUARY 18, 2025

For investors, business owners, lenders, and anyone involved in commercial real estate, understanding the intricacies of these valuations is absolutely paramount. Commercial appraisals are not merely about determining the market value of a building; they are about assessing the economic potential and risks associated with that property.

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Clear Capital

JULY 27, 2023

Clear Capital’s ClearAVM , a nationwide automated valuation model (AVM) that provides accurate estimates of market value for millions of properties, has been integrated with BeSmartee’s Mortgage POS and HELOC product to provide users with value verification during the initial application and/or underwriting process on mortgage and home equity loans.

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Home Value Valuation Mortgage Real Estate 69

Cleveland Appraisal Blog

MARCH 18, 2021

As a teenager, my friends would describe to me experiences they had in retail stores, in which they were watched uncomfortably closely by store clerks. My market analysis was reflective of what was taking place in that neighborhood as of the date of the appraisal. Sadly, there are some that do not share that view. .

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Appraisal Investors Market Value Contracts 195

The Robert Weiler Company

JULY 6, 2021

Retail products, food manufacturing, and pharmaceutical healthcare are all examples of different types of production facilities. Bulk warehousing : Warehouse rental space that stores goods in large quantities, most commonly as middleman storage between retailers and distributors. Industrial real estate comes in various forms.

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The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. Note: A commercial property valuation is considered the equivalent of an appraisal, and the words are sometimes used interchangeably. You may need a commercial valuation for many reasons.

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Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Today

NOVEMBER 1, 2024

A well-appointed kitchen can significantly enhance a property’s appeal and marketability. As an appraiser, understanding the nuances of kitchens is essential to providing credible and insightful valuations. Let’s dive into appraising kitchens and how the room impacts market value. percent from 6.12 The survey covers U.S.

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Appraisal Training Contracts Mortgage 91

AmeriMac

JANUARY 15, 2025

Understanding Different Appraisal Products A real estate appraisal is a detailed study determining a property’s market value for potential buyers. Understanding valuation methods, market trends, and property analysis is crucial to establish this value.

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Appraisal Valuation Appraisal Process Real Estate 36

Appraisal Today

SEPTEMBER 15, 2023

Properties sold due to a job relocation, estate settlement, foreclosure, or divorce may sell for less than market value. Therefore, the final price may not reflect the market value of the property. retail residential mortgage applications, and has been conducted weekly since 1990.

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Mores Appraisal Group

OCTOBER 5, 2024

Liquidation Value: This approach was included at the client’s request, reflecting a scenario with a significantly reduced marketing period. It considers current market value trends and estimates the time required for a typical sale in a constrained market environment.

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Appraisal Modernization Retail Property Appraisal 36

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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Appraisal Reconsideration of Value Insurance Market Value 74

Appraisal Today

FEBRUARY 28, 2025

At its core, real estate appraising involves the due diligence necessary to form a credible opinion of the market value of a particular property.This requires a deep understanding of the appraisers local real estate market, as well as of the physical, legal, and economic factors that influence property values in it.

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Appraisal Real Estate Contracts Training 56

Appraisal Today

APRIL 12, 2024

Retrospective appraisals, drive-by (exterior inspection) appraisals, and valuations from plans and specifications, are all valuation assignments where an appraiser develops an appraisal opinion without personally inspecting the property. retail residential mortgage applications, and has been conducted weekly since 1990.

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Appraisal Today

AUGUST 30, 2024

This technology accelerates the inspection process, allowing appraisers to focus their expertise on more nuanced aspects of the valuation where their experience and judgement are most critical. Again, I ask, does contract price equal market value? Base period and value for all indexes is March 16, 1990=100.

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Appraisal Contracts Architecture Mortgage 85

McKissock

JUNE 27, 2021

As retail stores shut down, many businesses had to move their products online. The pandemic also made some retailers consider having a backup stockpile of items. Before you dive into this real estate niche, take the time to learn how valuation works in the self-storage market. In 2020, Americans spent about $79.7

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Real Estate Investing Retail Tenants 59

Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property. percent from 6.52

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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? It is a fact.

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Appraisal Business Contracts Real Estate 82

Property Metrics

AUGUST 13, 2020

Macroeconomic risk refers to how broad, national level economic activity impacts property cash flows and valuation. These factors also cause property valuation to increase. These factors all result in lower property valuations. A liquid asset is one that can be sold immediately at market value. Interest Rate Risk.

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Real Estate Tenants Investing Construction 53

AmeriMac

APRIL 30, 2024

Lenders and investors also rely on commercial appraisals to assess the value of a property before providing financing or making investment decisions. The appraisal serves as a critical factor in determining the loan amount or investment potential, ensuring that the transaction aligns with fair market value.

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Appraisal Appraisal Process Valuation Real Estate 36

AmeriMac

APRIL 15, 2023

We will also discuss the various factors that impact commercial real estate valuations. Investors also use commercial real estate appraisals to determine the value of the property. These appraisals are considered equivalent to a property valuation and are used to determine the value of the property in the current market.

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Real Estate Appraisal Valuation Property Taxes 36

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 percent from 6.04

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Appraisal Contracts Investors Property Appraisal 75

Appraisal Today

AUGUST 2, 2024

Agencies Issue Final Rule to Help Ensure Credibility and Integrity of Automated Valuation Models Mortgage applications decreased 3.9 Driven in part by advances in database and modeling technology and the availability of larger property datasets, AVMs are being used with increasing frequency as part of the real estate valuation process.

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Appraisal Valuation Law Contracts 82

Appraisal Today

AUGUST 30, 2024

This technology accelerates the inspection process, allowing appraisers to focus their expertise on more nuanced aspects of the valuation where their experience and judgement are most critical. Again, I ask, does contract price equal market value? Base period and value for all indexes is March 16, 1990=100.Ann

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Appraisal Contracts Architecture Market Value 65

Appraisal Today

OCTOBER 6, 2023

As this property data collector thing moves along, there continues to be no legitimate reason for Fannie Mae’s motivation to push this so hard other than they want the valuation process fully automated and can pay $25 for an untrained inspector to view a home. Fannie Mae sees the appraisal process as “inspection + value.”

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Appraisal Contracts Real Estate Mortgage 86

Appraisal Today

FEBRUARY 9, 2024

also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” His law practice is dedicated to valuation issues.

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Appraisal Contracts Insurance Construction 89

Appraisal Today

OCTOBER 20, 2023

The guidance provided in the Mortgagee Letter will assist appraisers to more accurately determine the market value of a property with an ADU and also will help advance the maturation of ADU valuation, thereby increasing access to ADU financing as more cities and states remove zoning barriers.

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Appraisal Design Contracts Inspection 80

Appraisal Today

JUNE 21, 2024

If the original owner makes this decision, they would have to pay a 20% penalty over the original value to redeem the land/house. Therefore, a neutral appraiser was needed to estimate its market value, so as to determine the price and penalty. retail residential mortgage applications, and has been conducted weekly since 1990.

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Appraisal Architecture Contracts Design 78

Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Many downtown mixed-use buildings (retail and apartments) are in my city. Restrictions are from the city, the county, and the state.

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Appraisal Contracts Training Architecture 89

Appraisal Today

APRIL 14, 2023

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” It is one environment where residential appraisers are still valued. Worth reading.

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Appraisal Bracketing Valuation Contracts 52

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. Answers a lot of appraiser questions.

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Contracts Appraisal HOA Architecture 52

Appraisal Today

OCTOBER 7, 2022

Eleven percent cite evaluations (non-appraisal opinions of value). The eight percent who cite other valuation methods most often explained that they use a hybrid approach or mostly an exterior appraisal. If it had a market value of $345k, it would have listed at $345k!”. While agents can “puff” we cannot! percent from 5.30

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Appraisal Contracts Architecture Housing Market 52

Housing Wire

DECEMBER 27, 2024

David Neylan, president and chief operating officer at retail lender Guild Mortgage , expects the landscape to remain challenging for mortgage companies in 2025. With this financial background, it aims to continue acquiring other companies to gain market share and enhance its product offerings in 2025. Guild posted $6.9

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Mortgage Retail Valuation Loan Officers 397

Appraisal Today

MARCH 21, 2025

Appraisal Waivers Contribute to Data Cancer in the Housing Market. Data cancer is a term used to describe the gradual corruption of real estate valuation data due to repeated reliance on flawed or incomplete information. You Lose a Key Protection Against Market Volatility. Hidden Property Condition Issues Could Go Undetected 4.

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Appraisal Reconsideration of Value Mortgage Contracts 52

Property Metrics

MARCH 13, 2025

Retail Spaces: Strip malls, shopping centers, stand-alone stores, and anything designed for consumer-facing businesses. Mixed-Use Developments: Buildings that blend retail, office, residential, and/or hospitality in one project. Breaking Down CRE by Class and Condition Beyond just the property type (office, retail, industrial, etc.),

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Real Estate Investing Tenants Investors 36

Housing Wire

OCTOBER 10, 2023

One can’t spend more than the reasonable market value, must also use these services and actually receive them. In turn, most of them made mortgage referrals to Freedom’s traditional retail loan officers. For example, paying for lead lists or desk rentals is typically not a RESPA violation.

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Appraisal Today

NOVEMBER 29, 2024

This also opens the door for pushback on related changes, such as the expansion of the Nondiscrimination rule of the Uniform Standards of Professional Appraisal Practice, or the addition of valuation bias education to the Real Property, to the extent that either of these would include content that goes beyond what exists in statute already.

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Appraisal Business Contracts Real Estate 85

Appraisal Today

NOVEMBER 16, 2024

… So, it is clear from these Fannie Mae instructions that the appraisal of a SFR includes an analysis and valuation of the subject site separate from the valuation of the site as improved. Does this mean to conclude a site value as if the subject site were vacant and available to be put to its highest and best use?

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Appraisal Valuation Contracts Architecture 87