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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. Value Scenarios. What is Market Value As Is and When is it Used? Prospective Market Value As Completed and As Stabilized.

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How should appraisers approach short-term rentals?

DataMaster

The purchase of real property for the purpose of investment is not new. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. Appraising the going concern value is typically outside the scope of most residential appraisers. If only it was that simple.

Appraisal 148
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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

Clarify What Value or Values are Needed. Market Value As Is – The estimate of the market value of real property in its current physical condition, use, and zoning as of the appraisal date. Prospective Values. What is the actual occupancy of the property?

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How should appraisers approach short-term rentals?

DataMaster

The purchase of real property for the purpose of investment is not new. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. Appraising the going concern value is typically outside the scope of most residential appraisers. If only it was that simple.

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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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For Your Consideration, A Review

Valuation Nation

As the author of these blogs is an appraiser, and this deals with the largest real property valuation organization in the country, I thought it may be apropos to style this blog after an appraisal review. Date of Review Report: 08/02/2021. There is a second tier to this assignment which includes the reviewer’s consultation.