Appraiserblogs
NOVEMBER 20, 2023
To lighten the load somewhat from discussions about current highly restrictive language use in appraisal reports that tends to circumvent actual reality and truth – which can positively or adversely impact property market value, replaced with only generic, non-offensive words, I present this cartoon. Related Posts: 'Pesky' Words.
Housing Wire
NOVEMBER 29, 2023
If a person passes away without an end-of-life document, a property often becomes heirs’ property, meaning that it is passed informally to the next generation without a proper title documenting ownership. According to a 2023 survey by Caring.com, only 34% of Americans have an estate plan.
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Birmingham Appraisal
MAY 28, 2024
The Assessment Process The assessor’s office estimates your property’s market value and applies an assessment ratio to determine its assessed value. For example, if your home’s market value is assessed at $300,000, the assessed value would be $30,000. This can usually be done online, by mail, or in person.
Housing Wire
JULY 17, 2023
The listing price of the property is typically set below the current market value to generate immediate interest in the property. The fraud is typically not discovered until the time of recording of transferring documents with the applicable county.
Empire Appraisal Group
OCTOBER 5, 2023
A date of death appraisal, also known as a “valuation as of the date of death” is a type of real estate or personal property appraisal that determines the fair market value of assets as of the date a person passed away. This value is essential for tax reporting and compliance.
Housing Wire
DECEMBER 10, 2021
In the world of mortgage-financing, there exists a product line defined by what it is not — non-qualified mortgage (non-QM), non-prime, non-agency or an alternative-documentation loan. So far this year, the company has brought seven non-QM private-label deals to market valued at nearly $2.5 We just see tremendous opportunity.”.
Empire Appraisal Group
OCTOBER 26, 2023
Form I-134, officially known as the “Affidavit of Support”, is a document required by the U.S. An appraisal report could be used as supporting documentation to demonstrate the sponsor’s financial ability to provide support for the applicant. This except is form I-134 You may include the net value of a home as an asset.
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