Appraisal Today

APRIL 2, 2023

What Do Appraisers Look For in a Sales Contract? 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.” Answers a lot of appraiser questions.

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Contracts Appraisal HOA Architecture 52

Cleveland Appraisal Blog

MAY 27, 2021

Who needs an appraiser when one has cash? I must admit, in the past year, there have been times when I have felt like many buyers don’t really care about value anymore. While it may seem like many buyers don’t care about what the market value of a home is, I think that we must be careful to not make that assumption.

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Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. However, these restrictions may also limit modifications, potentially affecting the property’s market appeal. Worth reading.

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Town & Country Residential Appraisals

JUNE 6, 2022

When making a decision to contract just about anyone to perform a service, one of the most important qualifiers for most is the experience one brings to the table. It works the same with performing real estate appraisals. How long have they been appraising? How many assignments have they performed in your market area?

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Lamacchia Realty

FEBRUARY 21, 2023

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. It is not an appraisal and can’t be used in place of an appraisal.” -via

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Real Estate Agent Real Estate Sellers Realtors 72

McKissock

JULY 11, 2022

In residential appraising, the cost approach and the income approach have in many cases become less utilized in favor of sole reliance on the sales comparison approach. What would a reasonably well-informed buyer actually pay for that house—without the special market condition of a feeding frenzy?”

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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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Appraisal Today

FEBRUARY 9, 2024

How do appraisers consider appliances? also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.”

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Appraisal Contracts Insurance Construction 83

McKissock

JUNE 8, 2021

He ordered appraisals from three different appraisers, and the purchase price was to be the average of the three value opinions. He knew there’s no correct answer in appraising. Because there’s no correct answer in appraising. Because there’s no correct answer in appraising. Not likely.

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AmeriMac

JANUARY 3, 2022

This is why appraisals are so important. Appraisals act as a way to prevent that from happening. An appraisal contingency takes this idea one step further, offering a wide array of benefits that cannot be ignored. Why Are Home Appraisals Important? What Is an Appraisal Contingency? Think about it like this.

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Appraisal Buyers Sellers Contracts 36

AmeriMac

JANUARY 3, 2022

This is why appraisals are so important. Appraisals act as a way to prevent that from happening. An appraisal contingency takes this idea one step further, offering a wide array of benefits that cannot be ignored. Why Are Home Appraisals Important? What Is an Appraisal Contingency? Think about it like this.

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Appraisal Buyers Sellers Contracts 36

Appraisal Today

SEPTEMBER 9, 2022

Appraisers are still required to comply with USPAP when responding to an ROV request, including the confidential nature of assignment results. My comments : ROVs are a PITA for many appraisers. Greg Stephens is a very experienced appraiser and reviewer. Reconsideration of Appraised Value. Appraisal Business Tips

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Reconsideration of Value Appraisal Clients Contracts 52

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.

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