article thumbnail

How to Price Your Home for the Current Market

Eppraisal

Comparable Properties (Comps) Listings with similar specs — lot size, square footage, number of bedrooms and bathrooms, floor plan, and architectural style — as your home sold within the past six months are excellent points of reference when pricing your house. Search real estate listing sites to find suitable candidates.

article thumbnail

2024 USPAP Changes Clarify Nondiscrimination

Appraisal Today

According to the complaint, Horton is Black and the owner of a multifamily property in Ohio that is fully occupied by Black tenants who are on Section 8. The property has 8,282 sq ft +/- of living space, with an additional 1,114 sq ft +/- in a guest house or ADU. The HUD complaint names the appraiser, the AMC, and the lender.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. Counseling buyers, sellers, owners, and tenants about listing and offering prices, and market rent. Built in 1961 (renovated in 2006 by architect Hal Hayes), 3 bedrooms, 2 baths, 2100 sq.ft.

article thumbnail

Residential Appraisals and Airbnb Income?

Appraisal Today

GRM is an Income Approach that applies to homes with long long-term tenants, not homes with many Short Term Rentals. Plus a short video on the renovation. Lenders and AMCs want residential appraisers to value these properties as both the real estate and the business values of these properties – Wrong!! Functional Obsolescence.

article thumbnail

7 Top-Rated Appraisal Job Aids (Free for Members)

McKissock

Commercial Real Estate Leases In this job aid, you will find a table outlining the five main types of commercial leases and the expenses that landlords and tenants usually bear according to these types of leases. Learn about the benefits of membership.