Appraisal Process Finance Market Value Renovations 
Simonson Real Estate
DECEMBER 6, 2022
In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Lenders, what’s in it for you?
Simonson Real Estate
JULY 10, 2020
While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. Value Scenarios. What is Market Value As Is and When is it Used?
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Housing Wire
SEPTEMBER 19, 2023
A licensed appraiser conducts the evaluation and considers the condition of the property, the location and sales of comparable properties (comps) in the area. Appraisals are required for homes financed with any type of mortgage. Why are appraisals important? At this point, an estimated market value is generated.
Birmingham Appraisal
JUNE 21, 2023
Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions.
AmeriMac
MAY 24, 2023
In this blog, we will dive deep into what commercial real estate appraisals entail, why they are so important, who conducts them, and how much they cost. We’ll also cover the different types of commercial properties that can be appraised, the overall appraisal process, and the accuracy of these appraisals.
Realvals
JUNE 18, 2023
Mortgage lenders require an appraisal as part of the loan application process. This helps them determine the loan-to-value ratio and assess the risk associated with financing the property. Unless you are paying all cash, it will be difficult to get a mortgage and finalize your home purchase without an appraisal.
AmeriMac
APRIL 30, 2024
These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area. For buyers, it helps in determining a fair price to offer, while sellers can use it to showcase the value of their property.
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