Appraisal Today

JANUARY 19, 2024

Stehling designed an open layout with lots of natural light, thanks to walls of windows on all three stories of the atrium, attached to the rest of the home via a platform deck and glass-enclosed walkway. An example of this in real estate appraisal is the purchase and sale contract. In and of itself, it is not market value.

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Appraisal Today

FEBRUARY 16, 2024

She designed more than 700 buildings in California during a long and prolific career. No effect on value. I appraised many of them, but never noticed any effect, plus or minus, for historic designation. You need to know the market. in October 2023. Fortunately, their names were listed in the MLS. I was surprised.

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Appraisal Today

OCTOBER 6, 2023

29, 2023 Excerpts: For the past year, Fannie Mae has sent unsigned complaints to state appraisal boards; when they see something they don’t like, they write it up and send it to the state. Perhaps that’s by design, in this case, to make the results more compelling. Or hit the reply button. Be sure to put in a comment requesting it.

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Appraisal Today

JANUARY 20, 2023

Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. What is happening in your market? You may need to call agents to see the amount of concessions offered and make an adjustment based on its effect on market value.

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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.” Acre lot, built in 2023 as a spec home.

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Appraisal Today

JANUARY 27, 2023

Appraisal Changes By Dan Bradley Excerpts: On January 18, 2023, HUD issued an announcement regarding revisions made to Handbook 4000.1. The changes outlined in the Handbook may be implemented immediately but must be implemented for FHA cases assigned on or after April 18, 2023. FHA Handbook 4000.1 so you can skip over most of it.

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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.” Browse the following resources designed to help you avoid common appraisal errors and violations. Here are two: 1. Worth reading.

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Will Springer Realtor

OCTOBER 11, 2022

I’m not going to answer that – my crystal ball is broken – but if some economists had their way, it would be a definite possibility for 2023. Markets big and small will be undergoing a price recalibration for several months as the supply/demand ratio rebalances. in 2023 for single-family homes. from today’s U.S. figure of 8.3%.

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