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4 reasons you’re better off selling your house this spring [INFOGRAPHIC]

Cornerstone

Here’s a quick recap of why selling can be a smart move this spring: Springtime normally shows an influx of buyer activity. Increasing prices also indicate increasing home values, allowing a seller to tap into thousands of dollars in equity gains. Spring is a favorable season for move-up buyers.

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The Cost Approach: An Underutilized Approach to Value

McKissock

Harrison, in the Fall 2006 issue of his Real Estate Valuation Magazine Online, included an article titled “Let’s Resuscitate the Cost Approach.” What would a reasonably well-informed buyer actually pay for that house—without the special market condition of a feeding frenzy? What should it be insured for?

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How to Handle the Weird Stuff: Appraisal Methods from an Experienced Florida Appraiser

McKissock

There are HP-12C keystrokes for life estates, but in this case, the assignment ended up being a request for market value for his CPA’s needs. Here are a few examples of atypical market conditions: The 2006–2008 market bust, in which U.S. housing markets suffered severe declining property values.

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Appraisals – Check the Water Source!

Appraisal Today

It is extremely important for appraisers now to closely track changes in your local markets at least once every day and tell your lender clients about it. When will it affect your market? The number of potential buyers will decrease as rates go up in many markets. We have never seen a pandemic real estate market before.