Appraisal Today

APRIL 2, 2023

What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them.

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Appraisal Today

SEPTEMBER 15, 2023

The architectural design avoids lines and straight angles to establish the idea of continuous fluidity. This typically happens when an appraiser turns in an appraisal with an appraised value opinion lower than the sale contract price. Therefore, the final price may not reflect the market value of the property.

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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. So, will anyone go for the architectural gem this time around? “At percent from 0.5

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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.” His law practice is dedicated to valuation issues.

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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. So, don’t say something open ended like: “the intended use is to provide a fair market value of the property.”

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Appraisal Today

OCTOBER 20, 2023

Acre lot Situated in the foothills of the Sierra Nevadas, Mountain House stands as a testament to an architectural brilliance and a profound connection with nature. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.70 percent from 7.67 percent from 7.70

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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 6.52

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