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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.

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What Is Appraisal Creep When It Comes To Real Estate?

AmeriMac

That’s why appraisal creep is such an issue for everyone – by artificially inflating the fair market value of a home, people end up spending more money than they should on a house that isn’t worth nearly as much as they think it is. One recent study illustrated just what a significant issue this has become.

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What Is Appraisal Creep When It Comes To Real Estate?

AmeriMac

That’s why appraisal creep is such an issue for everyone – by artificially inflating the fair market value of a home, people end up spending more money than they should on a house that isn’t worth nearly as much as they think it is. One recent study illustrated just what a significant issue this has become.

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Appraising Green Buildings: Do Solar Panels Add Value to the Property?

Boston Appraisal

Although we can rejoice that the green building movement is becoming more mainstream, the question of whether or not this energy source and other green features add value to a property is still up in the air. Property owners are often surprised when the time comes to estimate the fair market value of their green building.

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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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RESPA enforcement is back — are you ready?

Housing Wire

.” Kickbacks in a shrinking market A shrinking market, defined by high mortgage rates and low inventory levels , appears to have exacerbated the existing mortgage kickbacks problem, industry pros told HousingWire. That’s because real estate agents and loan officers are in survival mode and desperate to close new business.