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Non-Arms Length Sales for Appraisers

Appraisal Today

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property. Anderson as his family’s vacation home.

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What Is Appraisal Creep When It Comes To Real Estate?

AmeriMac

It’s important to understand that appraisals are ultimately designed to protect buyers from significantly overpaying for the home in question. Experts looked at more than 8,500 houses that Fannie Mae had foreclosed upon between 2012 and 2015. The Situation With Appraisal Creep: An Overview.

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What Is Appraisal Creep When It Comes To Real Estate?

AmeriMac

It’s important to understand that appraisals are ultimately designed to protect buyers from significantly overpaying for the home in question. Experts looked at more than 8,500 houses that Fannie Mae had foreclosed upon between 2012 and 2015. The Situation With Appraisal Creep: An Overview.

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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

January: The closing of the $238,000,000 Manhattan condo sale in January (2015 contract). March: Introduction of the Fiscal Policy Institute's 2014 "pied-a-terre" tax proposal for properties valued at or above $5,000,000 in New York City, was introduced in the Senate. November: Control of the New York State Senate flipped.

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Appliances for FHA appraisals

Appraisal Today

Bradley, SRA, CDEI In September of 2015, FHA revised Handbook 4000.1 also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.”

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RISING INFLATION, RATES TRIP UP HOUSING MARKET

Will Springer Realtor

The King County housing market has seen inventory increase by 55% in the past month, while the number of homes going under contract fell 22% from May to the lowest June level since 2011. The tech-heavy Nasdaq has been hit especially hard, having lost 31% of its value since reaching an all-time high last November. . Fishing pier.