Appraisal Today

AUGUST 5, 2022

VA Approves Desktops and Exterior-Only Appraisals. Excerpts from the Summary: On August 1, 2022, the Veterans Affairs released Circular 26-22-13 announcing new procedures for alternative valuation methods, effective immediately. Appraisal Assignment Waterfall. I always recommend VA as the best lender client for appraisers.

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Appraisal Valuation Contracts Modernization 59

Appraisal Today

DECEMBER 2, 2022

NAR Urges Appraisal Foundation To Establish Equivalency Credit for Education and Experience. Excerpts: The AQB previously considered the option of allowing parallel professional non-appraisal experience. Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process.

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Eppraisal

OCTOBER 31, 2023

   Property Valuation Your home value is the primary determiner of your asking price. Then counterbalance the estimated price on those sites with the valuation seen on Eppraisal.com.  This licensed professional is generally more competent to do such a valuation than most real estate agents.

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

Simonson Real Estate

JUNE 10, 2020

It’s the outcome we strive for following the appraisal process. As an appraiser, it means we nailed that sweet spot and produced an accurate appraisal. This is good for the buyer, the seller, the lender, and the appraiser. It is really good for the appraisal review department.

Real Estate 148

Real Estate Appraisal Clients Valuation 148

The Robert Weiler Company

OCTOBER 15, 2021

In addition to the prospect of skyrocketing property values, buying commercial property for sale gives you control of the property and allows you to dictate usage, rental agreements, and types of tenants. . Commercial real estate appraisers will tell you that cap rates do not signify value. Tip #4: Avoid fundamental mistakes.

Investing 138

Investing Real Estate Tenants Investors 138

Simonson Real Estate

AUGUST 24, 2020

Since then, market uncertainty has caused commercial investors to increasingly worry whether their commercial appraisal analyses are accurate. . At Simonson Appraisals, our team works tirelessly to ensure those worries are needless. This allows us to continue to deliver well-reasoned and credible appraisal reports.

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Simonson Real Estate

FEBRUARY 26, 2021

Simonson Appraisals had a unique opportunity to do a deep dive in 2020 to develop an understanding of the impact of multiple factors affecting the Minneapolis apartment market. Our firm appraised a portfolio of apartment buildings in the Loring Park neighborhood in March 2020 two weeks after COVID-19 was announced as a global health pandemic.

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Landlords Tenants Buyers Development 117

Housing Wire

OCTOBER 5, 2022

Fannie Mae and Freddie Mac are working to provide more loss mitigation options to borrowers, studying ways to address appraisal bias and encouraging lending for manufactured homes, she said. Appraisal bias. The valuation in certain communities is a lot lower than even the asked price. Racial bias is very real.

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Appraisal Tenants Mortgage Appraisal Process 364

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. What do short-term rentals mean for appraisers?

Appraisal 148

Appraisal Tenants Investors Business 148

Property Metrics

MAY 28, 2021

As a result of these changes, a commercial property could be cash flow positive one day and undesirable the next due to shifts in tenant desires or some other factor. . In other words, a property could become functionally obsolete when its design, style, amenities, or technology no longer meet the needs and/or expectations of modern tenants.

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Real Estate Tenants Modernization Renovations 50

Benyon Commercial Appraiser

JULY 14, 2014

The Appraisal Institute recently issued a press release giving homeowners tips on how to prepare for an appraisal. These included providing relevant information to the appraiser, appraiser independence and whether or not is it acceptable to accompany them during the inspection.

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Appraisal Inspection Contracts Tenants 36

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

Appraisal Hub

FEBRUARY 15, 2024

Real estate appraisal, whether residential or commercial, is a critical component in the valuation of property assets. In Toronto, a city with a vibrant and diverse real estate market, the distinction between residential and commercial appraisals is particularly significant. At Appraisal Hub Inc.,

Real Estate 78

Real Estate Appraisal Appraisal Process Inspection 78

DataMaster

JUNE 15, 2023

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. What do short-term rentals mean for appraisers?

Appraisal 78

Appraisal Tenants Investors Business 78

Simonson Real Estate

JULY 10, 2020

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. What is an Appraisal ? Defining the Appraisal Scope of Work. What Property Should be Appraised?

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Appraisal Process Appraisal Market Value Tenants 148

Appraisal Today

OCTOBER 13, 2023

How to Level Up as an Appraiser By Conrad Meertins Jr. For example, are you competent to prepare an entire appraisal from start to finish? But what if the appraisal form was completely blank with no boilerplate text? For example, you understand that you do not need a form to produce an appraisal. Are your legs shaking?

Appraisal 79

Appraisal Law Contracts Business 79

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. Below are are several key points from my presentation titled Navigating the Appraisal Process that’s been presented several times to the U.S. Defining the Appraisal Scope of Work.

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Appraisal Process Real Estate Appraisal Renovations 78

Housing Wire

APRIL 27, 2021

Here it is: another article about appraisal modernization. Many are tired of hearing about how the appraisal industry needs to change and progress. The FHFA RFI responses to appraisal modernization are a treasure trove of insight into ideas and options for modernization from a wide variety of respondents.

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Modernization Appraisal HOA Valuation 253

McKissock

MAY 14, 2023

Report writing is an essential step in the appraisal process. Want a quick breakdown of everything that belongs in a narrative appraisal report? for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g.,

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Appraisal Appraisal Process Property Appraisal Real Property 87

Appraisal Today

DECEMBER 16, 2022

Excerpts: The Collateral Risk Network (CRN) met in Sarasota on December 6th to discuss a variety of issues ranging from appraisal turn times to Fannie Mae’s economic outlook for 2023. Bill Rayburn gave a rousing and lively explanation of exactly what quality means in valuation at a recent meeting. Appraisal Business Tips .

Modernization 52

Modernization Appraisal Contracts Real Estate 52

Simonson Real Estate

JANUARY 23, 2020

Paul Commercial Real Estate Valuation and Appraisal Forecast Summit held at the Golden Valley Country Club on Friday, January 17, 2020. Topics centered on valuation trends for the retail, industrial, office and multi-family property sectors. General valuation trend – seeing higher prices and compressed cap rates.

Real Estate 78

Real Estate Tenants Retail Valuation 78

Simonson Real Estate

APRIL 26, 2021

Anyone who knows an appraiser recognizes the dynamics of being ‘data rich’ and ‘data wise’ Collecting and compiling ‘true comparable’ data allows us to dive deeper and to identify market trends to a greater degree. Key Triple-Net Fundamentals Appraisers Recognize. Dollar General Tenant Overview.

Marketing 78

Marketing Tenants Real Estate Valuation 78

Boston Appraisal

FEBRUARY 2, 2023

Appraisers are often tasked with providing valuations for properties that can be very different from one another. However, in order to provide credible valuations, appraisers often have to find an objective basis for comparison. Appraisers use a unit of comparison known as the GLA, which stands for Gross Living Area.

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Inspection Law Real Estate Agent Appraisal 78

Boston Appraisal

FEBRUARY 2, 2023

Appraisers are often tasked with providing valuations for properties that can be very different from one another. However, in order to provide credible valuations, appraisers often have to find an objective basis for comparison. Appraisers use a unit of comparison known as the GLA, which stands for Gross Living Area.

Inspection 78

Inspection Law Real Estate Agent Appraisal 78

D Fritz Appraisals

JULY 15, 2020

Also, as restrictions on rental properties were put into place to protect tenants from eviction during the lockdown period, owners of these properties were unable to list these homes. Despite this initial rise, lower valuations may come into play as the COVID-19 pandemic continues, and as we experience a potential second wave.

Real Estate 148

Real Estate Valuation Inventory Insurance 148

The Robert Weiler Company

JULY 6, 2021

The two scenarios surrounding build-to-suit are speculative buildings and scenarios where the tenant has already been secured. Speculative buildings are produced without the guidance of a specific tenant in mind but can be rewarding if they are of high quality and fulfill the needs of local businesses. Appearance.

Logistics 147

Logistics Tenants Real Estate Modernization 147

The Robert Weiler Company

NOVEMBER 10, 2021

If you plan to buy commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. A single vacancy (even several) isn’t enough to derail at least some income generation from other tenants versus an empty single-family home. Do you have a paper trail?

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Real Estate Retail Investing Tenants 78