Housing Wire

JUNE 11, 2021

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. The process can take even longer if the buyer or seller requests a second appraisal.

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Inspection Appraisal Buyers Appraisal Process 427

East Coast Appraisal

SEPTEMBER 26, 2023

The appraisal process is critical to real estate transactions. Geographic Knowledge An appraiser with local knowledge will give you accurate work because geography and location affect property values. According to bankrate.com , an appraisal can take between one and three weeks.

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Real Estate Appraisal Property Appraisal Insurance 52

The Robert Weiler Company

OCTOBER 21, 2022

The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. After all, it is a detailed activity that can look different depending on the scope and nature of your property. Question 5: Why are commercial property appraisals important?

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Real Estate Appraisal Property Appraisal Valuation 60

McKissock

OCTOBER 23, 2020

Others will simply rely on a previous appraisal and call the appraiser to testify about it. Here are twelve types of expert witness assignments for appraisers. Typically, this would be for local property tax appeals. Condemnation. Learn more. Tax appeal. Income tax (IRS) issues.

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Appraisal Insurance Legal Development 77

Housing Wire

MAY 25, 2021

Appraisal costs have also soared 24% since 2016, according to the Freddie Mac data. Appraiser shortage. A 2017 study conducted by the National Association of Realtors found that “lack of training, downward trends in compensation, and increasing regulation,” were driving both existing and would-be appraisers away from the industry.

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Appraisal Valuation Real Estate Modernization 369