Simonson Real Estate
SEPTEMBER 16, 2021
What is the Role of the Appraiser? The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of a real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. Let’s jump straight into it. We’d be happy to help.
Simonson Real Estate
JULY 10, 2020
While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. Defining the Appraisal Scope of Work. Value Scenarios.
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Simonson Real Estate
DECEMBER 6, 2022
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?
Cleveland Appraisal Blog
SEPTEMBER 2, 2022
Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that when appraising a real property, an appraiser must : (a) reconcile the quality and quantity of data available and analyzed within the approaches used; and. (b) And the property being appraised had not been built yet.
Appraisal Today
SEPTEMBER 22, 2023
NAR Member Survey on Data Collectors Excerpts: In May 2023, NAR surveyed its members pertaining to data collectors in the appraisal process. Brokers followed with 24%, and appraisal-certified professionals comprised 14% of the respondents. Most of the inspection training we receive as appraisers happens in the field.
McKissock
DECEMBER 28, 2021
The unprecedented buyer demand of 2021 will likely be suppressed to some extent due to affordability concerns in some markets, and more housing inventory will most likely be available from both the existing homes and new construction segments.”. With inflation at near-record levels, the possibility of interest rate hikes looms large in 2022.
Boston Appraisal
JUNE 24, 2019
As a result, the real estate industry is progressively adopting ecology-minded trends, resulting in the gradual emergence of green buildings (both commercial and residential) across the country. Let’s explore how solar panels and other green features add value to real property.
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