Housing Wire
FEBRUARY 18, 2022
Automated Valuation Models (AVMs) are commonly used today in the mortgage industry to help support the appraiser’s concluded value. The mortgage industry has begun advancing initiatives to allow technology and big data to take the next steps in the development of things like more accurate AVMs.
Appraisal Hub
FEBRUARY 15, 2024
Commercial Appraisals, on the other hand, delve into properties used for business purposes, including office buildings, retail shops, industrial sites, farm, and apartment complexes with five or more units. Commercial appraisals, however, may also include an income approach, evaluating the property’s ability to generate income.
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Simonson Real Estate
AUGUST 24, 2020
This allows us to continue to deliver well-reasoned and credible appraisal reports. Our adaptive, hassle-free and convenient appraisal process will provide you with the confidence to make the right business decision for your needs, no matter what the market is doing.
AmeriMac
APRIL 30, 2024
These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area. Understanding the commercial real estate appraisal process is crucial for anyone involved in the buying or selling of commercial properties.
Dart Appraisal
APRIL 30, 2021
Since an engagement letter serves the same purposes as a traditional contract, it is crucial to carefully lay out the scope of the engagement, any contingencies that must be addressed, and any compliance specifics that need to be addressed in the development of an appraisal report, completion deadlines, and compensation arrangements.
Appraisal Today
AUGUST 25, 2023
On Friday, NAR put out a notice asking appraisal members in the affected areas to alert their non-member colleagues. It’s also impacting the appraisal process and is generating questions from both lenders and appraisers about what this means for appraisals on loans sold to Freddie Mac.
Appraisal Today
APRIL 12, 2024
Desktop Appraisals: Who, When, and Why Excerpts: The ability to identify property characteristics without a personal inspection is not a new concept. Similarly, while not identical, appraisers generally use the cited sources above to identify the physical characteristics of comparable sales in their appraisals. .
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