Remove Clients Remove Contracts Remove Property Appraisal Remove Reference
article thumbnail

Purchase Contracts in Appraisal Reports

Walitt Solutions

One of those common scenarios goes like this: I completed an appraisal and transmitted the appraisal report to the client for a purchase appraisal. My market value conclusion came in below the purchase contract price. The client wants me to change my report to show the new amended contract price!

article thumbnail

The Value of Words in Valuation

Appraisal Buzz

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. Standard 2 is the specific standard that addresses the reporting of appraisals.

Valuation 360
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fannie and Freddie Release New Hybrid and Desktop Forms for Testing

McKissock

These two terms are often used interchangeably by appraisers and clients, but under the GSEs’ new definitions, they are different types of assignments. The GSEs have also issued guidance for these test forms, which can be found online here: URAR Hybrid and Desktop Appraisal Forms – Quick Reference. Written by Dan Bradley.

article thumbnail

Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser. Question 1: What is a commercial real estate appraisal? Question 5: Why are commercial property appraisals important?

article thumbnail

What’s My Business Really Worth? 12 Q&A To Solving Your Business Valuation Mystery [2021]

The Robert Weiler Company

The appraiser must refer to the company’s past net earnings performance and process that figure by capitalizing this number to a present value. Sometimes referred to as Seller’s Discretionary Earnings, or SDE, this number is principally used to show your business’s earning potential with a new owner. Refer to your business plan.

Valuation 147
article thumbnail

6 Special Purpose Property Tips for Commercial Appraisal Reviewers

McKissock

Business components in special purpose properties are often referred to as “intangibles.” Below, we provide an overview of intangibles and outline six special purpose property tips for appraisal reviewers. Special purpose property tips. Intangibles.

article thumbnail

Appraisers and Property Data Collectors

Appraisal Today

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference.