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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

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. Key Appraisal Items to Communicate. Helpful Items to Provide for the Appraisal.

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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

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. Defining the Appraisal Scope of Work.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

Home inspections provide valuable information that can make or break your decision to purchase a home, as well as help you plan for future improvements. An appraisal is a valuation of a property by a third party. For example, an appraiser will check the condition of the walls, roof, floors and the structure’s overall integrity.

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Hybrid Appraisals and the Associated Risks

Boston Appraisal

The appraiser obtains all relevant property characteristics and data such as measurements, room counts, condition, and quality, and utilizes this information in the report. This process has been the foundation of the appraisal process. This information is then provided to the appraiser.

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FHFA’s RFI on appraisals is a critical inflection point

Housing Wire

One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate. Navigating appraisal challenges in today’s housing market.

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8 Home Appraisal Cost Factors in BC: What You Need to Know

D Fritz Appraisals

Read on to find out why appraisals are important, who pays for them and how much you are likely to pay in British Columbia. What is an Appraisal, and Who Pays for it? A home appraisal is a legal document that determines fair market value for a property.

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The Indispensable Role of Real Estate Appraisals in Estate Planning

Boston Appraisal

An accurate appraisal offers that indispensable foundational data, upon which assets can be split in a manner that is both fair and legally defensible. Unlocking Tax Benefits A precise real estate appraisal also plays a significant role in tax planning.