Remove Buyers Remove Definition Remove Market Value Remove Real Property
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Arm’s Length or Another Type of Sale? The 7 Sale Types Explained

McKissock

Sales due to a job relocation, estate settlement, foreclosure, or divorce may sell for less than the property’s market value. Remember, in general, market value is defined as the most probable price a property should bring in a competitive and open market. Non-arm’s length sale.

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The title industry’s latest cat-and-mouse game: seller impersonation fraud

Housing Wire

Then, posing as the property owner, the scammer contacts a real estate agent to list the property. The property is then listed, typically below market value to generate interest in the listing. When it comes to close on the sale of the property the scammer will request a remote notary signing.

Sellers 358
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What Is a Reconciled Value?

Cleveland Appraisal Blog

The Sales Comparison approach, as the name implies, compares the property being appraised to other properties that a potential buyer might consider as a substitute for buying the property being appraised. What does the appraiser do with the three different values that may be developed?

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Why Do Square Footage Disputes Arise?

Empire Appraisal Group

Be ready to explain to home buyers and sellers why there may be conflicting reports on a home’s livable space. Many characteristics affect the appeal, marketability, and value of a property. The cost approach considers the value of the site and the estimated cost to replace the subject dwelling, less depreciation.

Sellers 78
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Reconsideration of Value and Appraisers

Appraisal Today

But here’s the reality: Even in today’s fraught, price-squeezed housing market, you don’t actually need to be rich or famous to afford a sprawling home. ®’s data team has scoured the country to pinpoint where buyers can find the best deals on oversized abodes. Keep the definition of intended users as narrow as possible.