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USPAP Myths for Appraisers

Appraisal Today

Modern Montauk NY ‘Tree House’ Offers Sweeping Oceanfront Views for $7.5M It’s known as the “Modern Montauk Tree House,” the listing notes. baths An architectural masterpiece designed by World renowned architect Harry Gesner and a wonderful fusion of modern architectural style with Gothic castle. percent from 6.71

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Why Appraisal Workfiles Are Important

Appraisal Today

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. Appraisers must consider regional economic conditions, inventory levels, and buyer sentiment when evaluating properties. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.74

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Lenders Not Using AMCs for Appraisals

Appraisal Today

The architectural marvel, known as the Rotating Home, sits high on Mount Helix. As several calls to the listing agent have gone unreturned, we (and social media) are left wondering why this modern marvel hasn’t sold. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.63

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The End of Lender Appraisals?

Appraisal Today

From Architectural Digest, with lots of descriptions and photos of the exterior and interior. == Inflation and the Real Estate Industry: Mid-Year Analysis 2023 By: McKissock July 26, 2023 The latest installment of The Full Measure with Kevin Hecht. The average contract interest rate for 15-year fixed-rate mortgages increased to 6.39

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Apps for Appraisers

Appraisal Today

That’s because scarce inventory is driving up prices, pushing many homes on the cusp over the seven-figure mark. acre lot Excerpts: An extraordinary Bel-Air architectural triumph with awe-inspiring city and ocean views! The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.93

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Appraising Historical Homes

Appraisal Today

This comparative market analysis extends beyond standard parameters like size and location to include age, architectural style, and historical significance. acre lot A unique home with modern architectural features seldom seen in a suburban setting. The average contract interest rate for 5/1 ARMs increased to 6.30

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Weird Real Estate Agent Photos for Appraisers

Appraisal Today

It sits in the Sarasota beachfront neighborhood of Lido Shores, an area that’s a haven for modern architecture. It features homes built by architects affiliated with the Sarasota School of Architecture, a loose-knit regional style founded by the architect Ralph Twitchell. We’ve seen a massive change in housing inventory.