Contracts Reference Renovations Sellers 
Birmingham Appraisal
FEBRUARY 28, 2023
Homeowners, Don’t Make These Appraisal Mistakes When Selling Your Home As a real estate appraiser, I have seen many mistakes that sellers make during the appraisal process. These mistakes can significantly impact the value of a property and even lead to an appraisal being lower than the contract price.
McKissock
JULY 19, 2022
Red Flags: The seller demands payment upfront. Hasty changes to terms and conditions of the housing contract. Sellers are often on a time crunch to get properties locked into a contract, which leaves little time to properly deal with the unexpected. Overselling a recently renovated area of the house. Loan fraud.
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Boston Appraisal
DECEMBER 11, 2023
The appraisal process is important for homeowners, buyers and sellers. You should also disclose any special circumstances or contingencies that may affect the value of the property, such as repairs, renovations, easements, or encroachments.
Appraisal Today
APRIL 5, 2024
Particularly when speaking about the workfile, for my money, the most dangerous words in USPAP are “or references to the location(s) of such other data, information, and documentation.” The interior’s mechanicals have all been updated, but the sellers intentionally chose to leave much of the interior details alone to preserve its history.
Birmingham Appraisal
JULY 7, 2022
These factors, as well as others, have an impact on home values because it affects buyer and seller behavior. If the factors that affect this change are not taken into consideration when pricing a home for sale then the appraisal and the contract price may not line up.
Aedis Appraisals
JANUARY 12, 2018
Precise estimates of renovation and improvement values. This insulates both the seller and buyer from the financial vicissitudes of long-term funding ventures, which is incredibly important in today’s fluctuating markets. Income-based evaluations for revenue-generating structures. Vacancy rate analyses. Depreciation reports.
AmeriMac
FEBRUARY 18, 2021
From the seller right down to the buyer, an experienced real estate appraiser is an essential part of the overall home purchasing process. A home appraisal refers to an unbiased and accurate report of your home’s worth. An accurate value of a house offers equal benefits for buyers, sellers, and lenders.
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