DataMaster

JUNE 15, 2023

The introduction of STRs presents a profitable opportunity for investors of all kinds. The number of short-term rentals has increased exponentially over the last several years, and in some markets, investors are generating significant revenue; even on just one property. What do short-term rentals mean for appraisers?

Appraisal 78

Appraisal Tenants Investors Business 78

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.

Appraisal 77

Appraisal Construction Contracts Architecture 77

McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? First and foremost, Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that we are to: “analyze all agreements of sale.” Learn more in our free guide, The ROI of Professional Development for Appraisers.

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Cleveland Appraisal Blog

FEBRUARY 17, 2021

In my experience with tax appeal work, usually the county assessor’s values are supportable. So, when might it be worth having an appraisal completed to contest your assessed value? . If a home needs major repairs, clearly this can have a negative impact on market value. POOR CONDITION.

Appraisal 217

Appraisal Clients Inspection Market Value 217

The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Boston Appraisal

JUNE 7, 2023

Real estate investing is not as simple as purchasing a property and waiting for its value to appreciate over time. There are various financial concepts and metrics that investors need to understand to make informed decisions. This interest rate not only affects the capitalization rates but also the purchasing power of investors.

Real Estate 78

Real Estate Valuation Investors Investing 78

Appraisal Today

APRIL 14, 2023

Appraising Fixer Uppers Excerpts: We’re all familiar with the term “fixer-upper.” For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. In my MLS “contractor special” is often used.

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

Appraisal Today

SEPTEMBER 9, 2022

Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. My comments : ROVs are a PITA for many appraisers. Reconsideration of Appraised Value.

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52

Cleveland Appraisal Blog

MARCH 18, 2021

There may be some appraisers who suffer from this diseased way of thinking. However, I do believe that most appraisers are not racists, and do not discriminate in their work. . Especially if the home being appraised is in a neighborhood that is underserved. I was given an order to appraise a property for a purchase.

Appraisal 195

Appraisal Investors Buyers Market Value 195

AmeriMac

JULY 25, 2022

The seller wants to max out the estimate based on the growing inflation and number of renovations made, while the buyer wants the best deal in the market even as home affordability worsens. This is why home appraisals are advised to ensure property costing is as fair as possible. What Is an Appraisal? What Is Appraisal Review?

Real Estate 36

Real Estate Appraisal Valuation Clients 36

Boston Appraisal

SEPTEMBER 22, 2020

The backbone of any real estate appraisal is the highest and best use analysis. The goal of the real estate appraiser is to identify the use of the property that will be the absolutely most profitable use within legal, physical and financial boundaries. This is where a real estate appraiser can help. Physically Possible.

Legal 148

Legal Real Estate Retail Development 148

The Robert Weiler Company

APRIL 12, 2023

Lastly, some commercial property owners will see a negligible difference, regardless of the appraisal. The County Auditors are responsible for ensuring that every parcel of land (and any buildings within) are fairly and consistently appraised and assessed for tax purposes. The 2020 property reassessment included more than 5.5

Property Appraisal 148

Property Appraisal Property Taxes Real Estate Valuation 148

Appraisal Today

JUNE 17, 2022

Excerpt: We continue to see claims alleging that the rural property appraiser failed to adequately identify or report details surrounding a water source. In one claim, the appraiser correctly noted that the property was serviced by a “private water well.” Appraisers – check the water source! Hybrid appraisal survey ).

Appraisal 52

Appraisal Contracts Real Estate Mortgage 52

Boston Appraisal

SEPTEMBER 22, 2020

The backbone of any real estate appraisal is the highest and best use analysis. This is where a real estate appraiser can help. A savvy real estate investor often sees developmental value in grandma’s old farm house when the children only see stinky cows and chipped paint. The demolition cost was estimated at $35,000.

Legal 78

Legal Real Estate Retail Development 78

The Robert Weiler Company

APRIL 20, 2021

Alternatively, you could be an investor interested in valuing a company for acquisition. Perhaps you’re just curious about the answer to the question, “How are businesses valued?”. Much like a commercial real estate appraisal , there is an underlying economic analysis for business valuation. The asset-based approach.

Valuation 147

Valuation Business Buyers Market Value 147

The Robert Weiler Company

JULY 6, 2021

Classification is a way to differentiate specific market features for investors. Commercial real estate investors are usually looking for a specific class of property for their capital. These buildings are the latest and greatest in state-of-the-art warehouse rentals and attract high-quality investors and tenants alike.

Logistics 147

Logistics Tenants Real Estate Modernization 147

Quicken Loans

JUNE 3, 2021

The most successful realtors and agents are finding ways to incorporate technology into their practices to increase their efficiency and draw in more clients, but the rising popularity of iBuying platforms has led to a whole new wave of trepidation. iBuyers insist that these calculations provide them with fair market values of homes.

Sellers 55

Sellers Buyers Agents Real Estate Agent 55

Clear Capital

SEPTEMBER 29, 2021

Then they dive into Freddie Mac’s long-anticipated research paper, “ Racial and Ethnic Valuation Gaps In Home Purchase Appraisals.” ” Jeff’s Real Estate Joke of the Pod gives us a buyer’s-eye view of today’s real estate market. Interview with Ribbon Co-Founder & CEO Shaival Shah.

Sellers 69

Sellers Agents Real Estate Buyers 69