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Why is an Appraiser Asking Me About an Old Comp?

Portland Appraisal Blog

“Why is an appraiser asking me about an old comp?” The appraisal report is not for lending: The overwhelming majority of appraisal reports are written for a lending institution due to a sale or refinance—certainly over 90% and most likely approaching 99.9%. I’ve had to use nine comps on occasion.)

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Appraising Fixer Uppers

Appraisal Today

Appraising Fixer Uppers Excerpts: We’re all familiar with the term “fixer-upper.” The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. The rest of the post is a very good case study To read more, click here My comments: I have appraised many fixer-uppers.

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Getting Appraisers to Reconsider Value—Do’s & Don’ts

Portland Appraisal Blog

Streaking through the atmosphere is a meteor scientists have dubbed “the appraisal”; it came of out nowhere and impacts your deal at hypersonic velocity, obliterating it in an instance. If so, you’ve probably run through the five stages of grief: 1) Denial—there’s no way that idiot appraiser killed my deal! There must be some mistake.

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The Pitfalls of Outlier Sales in Pricing a Listing

Birmingham Appraisal

On the other hand, the value that is reflected in most appraisals is a value that reflects what the majority of other market participants are willing to pay. Appraisal Challenges: Listings that were priced using outlier sales can pose challenges during the appraisal process. There is a difference.

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Investment Property: How Much Can You Write Off on Your Taxes?

Zillow

If you're in the 28% tax bracket, you'll pay a 28% tax on short-term capital gains. Depending on your marginal income tax bracket, these taxes could range from 0% to 15%. In every bracket, however, the IRS takes a smaller cut out of long-term gains than out of ordinary income or short-term gains. Other tax deductions.

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Appraisal Comparable Guidelines – What Do Appraisers Look For in Comps?

Realvals

One of the most essential parts of any appraisal is the comparable properties that the appraiser chooses for the Sales Comparison Approach. This article will go into detail about the appraisal comparable guidelines used by appraisers and the exact characteristics that appraisers look for in comps.

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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

During due diligence, you'll need to hire someone to do a property inspection and appraisal. The process may not require you to go through an appraisal of your home or income verification. USDA loans are for those in the low to moderate-income bracket. These can be fees for things like appraisals and escrow agents.