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Appraiser Has Very Big Problems With Borrower

Appraisal Today

After a major interior makeover, the architecturally significant home is in Houston‘s upscale Piney Point Village neighborhood. That’s what makes midcentury architecture so appealing: It brings the outside in.” An example of this in real estate appraisal is the purchase and sale contract. Excerpts: five bedrooms, 4.5

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NAR Appraiser Survey July, 2023

Appraisal Today

The architectural design avoids lines and straight angles to establish the idea of continuous fluidity. This typically happens when an appraiser turns in an appraisal with an appraised value opinion lower than the sale contract price. Therefore, the final price may not reflect the market value of the property.

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Appraising Historical Homes

Appraisal Today

The appraisal process begins with a thorough analysis of market data, focusing on sales of properties that share historical or antique characteristics. This comparative market analysis extends beyond standard parameters like size and location to include age, architectural style, and historical significance. ” 5.