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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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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

equities suffered their worst first-half performance since 1970, with the S&P 500 entering bear market territory by losing 21% of market value from the start of the year to July 1. The tech-heavy Nasdaq has been hit especially hard, having lost 31% of its value since reaching an all-time high last November. .

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UNDERSTANDING THE TRUE COST OF HOMEOWNERSHIP

Will Springer Realtor

The result: Nearly one-third of all households are cost-burdened, the highest rate since 2015. >> Equity-rich is defined as the combined estimated amount of loan balances secured by property owners that are no more than half of their estimated market value. . >> A full 42M U.S. This is an increase of 1.5M