Simonson Real Estate

JUNE 10, 2020

This means their work is done and they can rest easy while feeling confident that the appraisal report supports the market value conclusion. In a bear market, appraisals tend to be scrutinized more closely (and rightfully so). It is really good for the appraisal review department. Do you have questions on these topics?

Real Estate 148

Real Estate Appraisal Clients Valuation 148

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. Appraising the going concern value is typically outside the scope of most residential appraisers.

Appraisal 148

Appraisal Tenants Investors Business 148

Simonson Real Estate

JULY 10, 2020

The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Examples: A building owner has a single lease or multiple leases with tenants. The value may be the same as fee simple, but the interest is identified as a leased fee.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. Appraising the going concern value is typically outside the scope of most residential appraisers.

Appraisal 78

Appraisal Tenants Investors Business 78