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The Pitfalls of Outlier Sales in Pricing a Listing

Birmingham Appraisal

The market area that the property is located in can definatley support the price but does the price truely reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay? They are, after all, real transactions that have taken place within the market.

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Investment Property: How Much Can You Write Off on Your Taxes?

Zillow

If you're in the 28% tax bracket, you'll pay a 28% tax on short-term capital gains. Depending on your marginal income tax bracket, these taxes could range from 0% to 15%. In every bracket, however, the IRS takes a smaller cut out of long-term gains than out of ordinary income or short-term gains. Property taxes.

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Getting Appraisers to Reconsider Value—Do’s & Don’ts

Portland Appraisal Blog

A means of passing along important information not previously disclosed to the appraiser. A means of getting the appraiser to consider information that was not available during the original appraisal. If any of the above points are all valid for your deal it could result in a different value conclusion. Read the report!

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Appraising Fixer Uppers

Appraisal Today

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.” Appraisers sought to bracket the subject using three comparable sales. For more information on how they are compiled, click here.