D Fritz Appraisals
OCTOBER 11, 2022
Home appraisals are not just for when someone is buying or selling a home for themselves however, they are also important for: New construction loans. Renovation loan assessments. Reviewing / appealing property tax assessment. Property division in separation / divorce. What is Checked During a Home Appraisal?
AmeriMac
APRIL 15, 2024
Understanding Home Appraisals A home appraisal is an official estimate of the fair market value of a home conducted by a licensed and impartial professional appraiser. The appraisal process involves gathering information about the home, the surrounding neighborhood, and recent nearby sales to determine the home’s value.
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AmeriMac
NOVEMBER 30, 2023
They provide an objective opinion on the value of a property, considering factors such as market conditions, comparable sales, and income potential. These appraisals are valuable tools for property owners, investors, and lenders, helping them make informed decisions about sales, refinancing, property tax assessments, and estate planning.
Appraisal Today
APRIL 7, 2023
Communicating quickly with the lender is an issue with the appraisal process. He was planning to renovate it and stay in it, but he had to relocate.” The average American household spends $2,690 on property taxes for their homes each year, according to the U.S. Property taxes and tax rates vary widely.
Housing Wire
JANUARY 19, 2022
To be eligible for a desktop appraisal, according to Fannie Mae , the loan must be a purchase transaction, secured by a one-unit principal residence and have a loan-to-value ratio of no more than 90%. FHFA suggested that hybrid appraisals could also speed up the appraisal process and reduce costs.
Realvals
JUNE 18, 2023
By providing an unbiased estimate of a property’s value, an appraisal ensures that you know the real value of your property. Beyond these most common scenarios, appraisals have numerous other use cases. Estate planning, property tax appeals, divorces, and gifting, are some of the many others.
AmeriMac
MAY 15, 2021
Some scientific factors that may come into play when it comes to an appraisal include: the square footage of the home or building. recent sale prices of nearby and similar properties (“comps”). recent property tax valuations. The Bottom Line on Appraisal Services: Art vs. Science. overall curb appeal.
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