Housing Wire
NOVEMBER 11, 2020
LoanDepot , backed by private equity shop Parthenon Capital Partners, first announced plans to go public in September 2015 , but canceled the IPO hours before pricing due to what the company called adverse “market conditions.” At the time, loanDepot had sought a market value of $2.4 billion to $2.6
The Robert Weiler Company
APRIL 12, 2023
Thanks to the passage of a 2017 law, the State’s property reassessments are based on drone footage, taken from about 400 feet in the air. Armed with a professional, private review of your commercial property’s worth will help ensure the most accurate valuation and subsequent tax rate.
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Cleveland Appraisal Blog
JUNE 18, 2022
Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g.
Appraisal Buzz
APRIL 4, 2024
The latest average tax resulted in an effective tax rate nationwide of 0.87% – up slightly from 0.83% in 2022, marking the first increase since 2017. The effective tax rate shows the average annual property tax expressed as a percentage of the average estimated market value of homes in each geographic area.
Housing Wire
AUGUST 31, 2023
For example, Class Valuation , one of the nation’s largest AMCs, provides its data collectors with imagery technology that creates a digital twin of the property. The original appraisal waiver solutions were launched in August 2017. The data collection may be different depending on the service provider the lender chooses.
Housing Wire
MAY 25, 2021
One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate. Real estate agents in particular understand local properties extremely well.
Miller Samuel
MARCH 19, 2019
The market value of these properties will be based on a "comparable sale-based valuation method." which seems in direct conflict with state law since co-ops and condos are valued as rentals by state law in NYC. It taxes residential properties valued at $5 million and above in NYC, most of which are in Manhattan.
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