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The Challenges of Appraising Multifamily Properties

Appraisal Buzz

These properties are not for owner occupancy. Because multifamily homes serve a different purpose than single-family properties, appraisers have yet another factor to consider before presenting a number to the bank. This tactic uses the land’s price, plus the construction fees and minus depreciation. The Income Approach.

Appraisal 397
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Property Values Continue to Rise, Refinance Apps Fall to 22-Month Low, and Other Appraisal News

McKissock

JPMorgan Chase has donated $3 million to the Appraiser Diversity Initiative. The self-paced online version of the official 2022-2023 USPAP Update Course is now available, along with the new USPAP Reference Manual. Keep reading for this week’s appraisal news and insights. Property values continue to rise.

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7 Top-Rated Appraisal Job Aids (Free for Members)

McKissock

Things to Consider when Appraising Rural Residential Properties Appraisals of rural residential properties do not conform to the typical mortgage lending underwriting expectations of urban and suburban residential properties. We’ve scoured the internet to share numerous resources and useful links.

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Appraisal Inspection Vs. Home Inspection: Your Role as an Appraiser

McKissock

No matter how the appraisal inspection appears to the uninitiated, it is not the equivalent of a home inspection. An appraiser is required to observe the subject property and the surrounding area for certain factors which affect the subject property. Instead, the words “observe” and “observation” are used.

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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. Usually a special purpose property will be repurposed by an owner-occupant.

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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? All commercial real estate appraisers must follow a very strict code of ethics and rules.

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Apps for Appraisers

Appraisal Today

Designed and built by world-renowned contractor, Matt Construction, interior designers Meyer Davis and architects Shubin + Donaldson, no expense was spared in constructing this exceptional estate over a six-year period. Appraisers can provide their insights right next to the data, photos, maps, or figures it refers to.