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. After all, it is a detailed activity that can look different depending on the scope and nature of your property.

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Real Estate Appraisal Property Appraisal Valuation 60

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.

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Appraisal Bracketing Contracts Valuation 52

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

The Robert Weiler Company

OCTOBER 15, 2021

Fundamentally, the cap rate is the relationship between the property’s net income with the property’s purchase price. For CRE investors, the cap rate is a way to determine the property’s ROI potential. Commercial real estate appraisers will tell you that cap rates do not signify value. A recent change by the U.S.

Investing 138

Investing Real Estate Tenants Investors 138

Magnusson Group

SEPTEMBER 15, 2021

He assists in the preparation of estate sales, on-line auctions and appraisals. After a decade of legal practice, Nathan switched gears to study at Sotheby’s Institute of Art where he graduated as the class valedictorian in its Art Business program. Nathan Buchek recently joined The Magnusson Group as a Project Manager.

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Law Decorating Project Management Development 36

The Robert Weiler Company

SEPTEMBER 16, 2022

We also provide a resource so you can speak with conservation easement advisors and inquire about conservation easement appraisals. A land trust, or conservation land trust, is a legal public or private entity that gains ownership of, or authority over, a piece of land for conservation purposes at the property owner’s request.

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Easement Appraisal Development Property Appraisal 148

Realvals

JUNE 18, 2023

In today’s dynamic market, there are many situations where you may need a real estate appraisal. An appraisal provides you with the clearest understanding of the value of your real estate. Whether you are buying, selling, or refinancing, an appraisal helps you make well-informed decisions in the process.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

Realtor

JANUARY 27, 2020

stocknshares/iStock Probate is the legal process of sorting and distributing someone’s personal property when they die. According to Nolo , a legal website, the state of Florida, as one example, uses the following fees: Value of estate up to $40,000: $1,500. Cost of getting the property appraised.

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Real Estate Insurance Legal Appraisal 92

Boston Appraisal

OCTOBER 27, 2023

Divorces are difficult and stressful processes that involve many legal and financial issues. One of the most important and complex aspects of divorce procedures is dividing the marital property, especially the family home. Appraisals are performed by qualified and licensed appraisers who follow professional standards and ethical codes.

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Appraisal Property Appraisal Legal Inspection 78

Appraisal Buzz

AUGUST 1, 2022

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. Standard 2 is the specific standard that addresses the reporting of appraisals.

Valuation 360

Valuation Contracts Appraisal Legal 360

Realtor

JANUARY 27, 2020

stocknshares/iStock Probate is the legal process of sorting and distributing someone’s personal property when they die. According to Nolo , a legal website, the state of Florida, as one example, uses the following fees: Value of estate up to $40,000: $1,500. Cost of getting the property appraised.

Real Estate 78

Real Estate Insurance Legal Appraisal 78

Lamacchia Realty

DECEMBER 21, 2021

You must: Be a legal resident of Florida Own a house, condo, co-op apartment, or specific mobile home lot Occupy the home as your permanent residence from the January 1st of the year when you plan to claim exemption. Also, you don’t need to wait until 2022 to file for an exemption with the property appraiser’s office.

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Property Appraisal Property Taxes Real Estate Agent Legal 45

Boston Appraisal

APRIL 18, 2024

However, appraising such complex properties presents unique challenges and opportunities for real estate professionals. This article explores the intricate landscape of mixed-use development appraisal, providing insights into the difficulties faced and the potential benefits realized through this multidimensional process.

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Development Appraisal Valuation Retail 78

PennyMac

JUNE 28, 2022

For example, if you have an FHA loan, there is a standard limit that sellers can only contribute 6% based on the appraised value and the price of the property. State laws will usually dictate who is legally responsible for overseeing the closing. Property Appraisal Fee. What Is Included in Closing Costs?

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Insurance Property Taxes Sellers Inspection 36

Clear Capital

JUNE 21, 2022

When Freddie Mac published the study, “ Discovery of Racial and Ethnic Valuation Gaps In Home Purchase Appraisals ” in late 2021, its conclusion, “that Black and Latino applicants receive lower appraisal values than the contract price more often than White applicants,” sent shockwaves through the mortgage industry. Valuation Equity.

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Valuation Technology Lending Real Estate 69

The Robert Weiler Company

NOVEMBER 9, 2021

GIFTS FOR COMMERCIAL REAL ESTATE INVESTORS: Is your sister-in-law considered a real estate mogul in your community? The platform is entirely secure, usable on any device, and the digital signatures are legally binding and enforceable. No more searching for keys or waiting around! Monthly or Yearly Subscription to BiggerPockets.

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Real Estate Investors Investing Home Improvement 147

Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. Non-traditional appraisals to the rescue.

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Appraisal Valuation Inspection Law 366

McKissock

OCTOBER 19, 2021

The presence of an additional living unit may complicate the appraisal process by making it difficult to know how to classify the subject property. Use the following guide to help you identify a single-family with ADU vs. two-family property. 3rd, “Appraising Accessory Dwelling Units Simplified.”

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Legal Architecture Appraisal Design 71

Housing Wire

FEBRUARY 7, 2022

Independent mortgage banks have been “completely blindsided” by the increase in enforcement activity, said Daniella Casseres, who leads the mortgage regulatory practice group at law firm Mitchell Sander. Redlining “is not even on the radar of their board or senior management,” she said.

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