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Top 6 Commercial Appraisal FAQ’s

Simonson Real Estate

New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc. What is a Standard Turn-around Time for a Commercial Appraisal? Providing an in-depth and accurate appraisal report can take many hours to complete. We’d be happy to help.

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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” Thank you to the large number of appraisers who shared their input! Appraisers make adjustments based on this information.”

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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Lenders, what’s in it for you?

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When & How do Appraiser’s Adjust for Age?

Cleveland Appraisal Blog

For instance, a thirty-year old home may have an effective age that is the same as a fifty-year old home, if the fifty-year old home has been renovated to a degree that is comparable to the younger home. Here are some links to other articles I’ve enjoyed recently! Click here to visit their website. I hope you will also… .

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Appraiser Has Very Big Problems With Borrower

Appraisal Today

During the two-year renovation, the seller, who bought the home in 2017, updated the kitchen with a Bosch cooktop, Gaggenau appliances, and soft-close doors. In addition, real estate appraisals must rid itself of the language and any practices that suggest bias in the appraisal process. I was wrong. Worth reading.

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked. For the purpose of this article, we’ll mostly stick to the word “appraisal.”.

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The Role of Appraisal Review in the Risk System – Appraisal Revisions

Appraisal Buzz

Communication took on many forms, including development of written documents stating client reporting requirements, utilizing technology platforms to increase transparency throughout the appraisal process, and developing feedback to the appraiser on appraisal submissions. Complexity in Process and Properties.

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