DW Slater Company

OCTOBER 31, 2020

Adjusting to Daylight Savings is a problem for many as it impacts our regular sleep patterns and rhythms. Median Sales Price. Sale price trends have dropped slightly from last month in Denton County but remain upward in Collin, Dallas & Tarrant counties. Image by Peter H from Pixabay. Image by Peter H from Pixabay.

Real Estate 107

Real Estate Inventory Marketing Appraisal 107

Movoto

MARCH 29, 2024

First Steps of a Rental Property Investment Many savvy investors participate in auctions and county tax sales to acquire low-cost properties. Most rental property owners use some derivative of the 2% rule to help determine pricing and returns. Many people buy a home with the plan to eventually (or immediately!) Connect with a partner.

Tenants 36

Tenants Landlords Investing Renovations 36

Appraisal Today

NOVEMBER 24, 2023

NOTE: Please scroll down to read the other topics in this long blog post on , , VA changes, State Appraisal Board problems, gratitude for appraisers, unusual homes, mortgage origination stats, etc. == San Francisco Bay’s Red Rock Island is for Sale for $25M Excerpts: Red Rock Island is the only privately owned island in San Francisco Bay.

Appraisal 75

Appraisal Mortgage Business Contracts 75

Appraisal Today

JANUARY 19, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, and types of bias, Scams on black homes, unusual homes, mortgage origination stats, etc. The owners created a show-stopping bedroom for themselves. An example of this in real estate appraisal is the purchase and sale contract.

Appraisal 74

Appraisal Contracts Real Estate Architecture 74

Dart Appraisal

APRIL 2, 2021

Sales Comparison Approach – The value indicated by recent sales of comparable properties in the market. The most typical purchaser would be an owner-user; therefore, the Sales Comparison Approach was considered necessary for credible results.

Appraisal 69

Appraisal Clients Retail Real Estate 69

Quicken Loans

JULY 1, 2021

Those of us who proudly wear the badge of pet owner love our fur babies, consider them members of the family and ferociously defend them. In fact, some of the cost of those renovations you made might be recouped by value added to your home’s sale price. Selling A Home With Cats And Dogs: How Big Of A Problem Is It? Don’t worry.

Real Estate Agent 65

Real Estate Agent Renovations Buyers Real Estate 65

Quicken Loans

JUNE 8, 2021

A preforeclosure, or short sale , can occur when the homeowner still owns the property and knows there’s a potential for foreclosure. A preforeclosure, or short sale , can occur when the homeowner still owns the property and knows there’s a potential for foreclosure. Owners want to sell their home before they end up in foreclosure.

Real Estate Agent 72

Real Estate Agent Inspection Government Real Estate 72

Raleigh Realty

FEBRUARY 19, 2022

After reflecting on my ten years of being in business, the number one advice that I would give to new agents is: “forget about the sale, and start caring about people”. One of the first questions new Realtors have for me is always 'how much money will I make in my first year?'

Real Estate 158

Real Estate Realtors Real Estate Agent Agents 158

Hank Miller Team

JUNE 14, 2022

The charts below are the counties that most national organizations call the "Atlanta market" Astute and well educated readers of this blog (like you) know that all real estate is hyper local. For consistency the key market indicators are considered; number of listings, number of contracts and number of sales. What do we see.

Housing Market 40

Housing Market Marketing Contracts Real Estate 40

McKissock

SEPTEMBER 1, 2020

In the past two blog posts in this series, I discussed the pros and cons of complex appraisal assignments and why today’s residential appraiser may want to consider specializing in “odd” or “atypical” assignments. Reason was it was the last portion of the block of land, and the owner wouldn’t sell, but did agree to the land lease.

Appraisal 61

Appraisal Land Lease Valuation Real Estate 61

Cornerstone

JANUARY 18, 2022

This is due to the fact that a six-month supply of available houses for sale is required to sustain a neutral/normal market. Conditions shaping today’s seller’s market are depicted in the graph below: According to the most recent Existing Home Sales Report from the National Association of REALTORS® (NAR), there’s a 2.1-month

Sellers 49

Sellers Inventory Business Loan Officers 49

Appraisal Today

NOVEMBER 25, 2022

To read more of this long blog post with many topics, click Read More Below!! To read more of this long blog post with many topics, click Read More Below!! So when an old farm property on the Chester river went up for sale, everything fell into place. Eric VanderWaal. I was appraising a home for a divorce several years ago.

Appraisal 52

Appraisal Market Value Contracts Finance 52

Appraisal Today

JUNE 9, 2023

To read more, click here My comments: The blog post has a link to Quality Ratings. NOTE: Please scroll down to read the other topics in this long blog post on adapting to changes in appraisal, appraisal volume, unusual homes, mortgage origination stats, etc. == Contemporary Home in the Hamptons (NY) for $27.5M baths, 9,700 sq.ft.

Appraisal 52

Appraisal Advertising Real Estate Contracts 52

Appraisal Today

FEBRUARY 17, 2023

Real Estate Agents and Comparable Sales – Tips for Appraisers More Terrible Real Estate Agent Photos for Appraisers Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Read on blog www.appraisaltoday.com/blog Posted by noon Friday.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Appraisal Today

JANUARY 20, 2023

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. To read more of this long blog post with many topics, click Read More Below!! of home sales in the fourth quarter. A record 22% of home sales in the fourth quarter included both a concession and a final sale price below the listing price.

Appraisal 52

Appraisal Contracts Sellers Business 52

Appraisal Today

FEBRUARY 24, 2023

To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post – Bias, Cost cutting, slow business, unusual homes, mortgage origination stats, etc. What Level Appraiser Are You? Beginner, Intermediate, or Pro? The solution?

Appraisal 52

Appraisal Architecture Valuation Business 52

Appraisal Today

MAY 19, 2023

For my square footage adjustment, I used a combination of paired-sales and sensitivity analysis to determine $65 a square foot was appropriate, but I did not adjust for differences between the subject and comparables if the difference was less than 100 square feet. I am a real estate appraiser completing an appraisal.

Appraisal 52

Appraisal Business Contracts Real Estate 52

Quicken Loans

APRIL 12, 2021

But foreclosed homes are still priced much lower than the average American home for sale, and there is still an opportunity to find that great deal for the person who knows how to navigate the foreclosure market. With less of these homes available at a higher value than before, the foreclosure market may be slowing down. What Is Foreclosure?

Inspection 54

Inspection Property Taxes Mortgage Investors 54

Appraisal Today

SEPTEMBER 30, 2022

To read more of this long blog post with many topics, click Read More Below!! NOTE: Please scroll down to read the other topics in this long blog post on Fannie and Competency, mortgage rates, extraordinary assumptions, vacant l and, unusual homes, mortgage origination stats, etc. Killed by Carbon Monoxide: Appraiser Blamed.

Appraisal 52

Appraisal Inspection Easement Contracts 52

Quicken Loans

MAY 18, 2021

If the loan had a co-signer, that person is responsible for continuing the loan payments following the owner’s passing. If the sale doesn’t cover the existing balance, the lender may be able to seize other assets to cover the remainder of the debt, or they may simply have to assume the rest of the debt. What Are Your Options?

Landlords 55

Landlords Decorating Market Value Mortgage 55

Cleveland Appraisal Blog

MAY 13, 2021

There is the owner of the home, who has a view of what they feel their home is worth. Right now, it is extremely challenging to buy a home because of competition and few homes for sale. When one appears, you can be sure that images of one will appear on social media, as people share their beauty with others. How do rainbows work?

Market Value 298

Market Value Contracts Appraisal Buyers 298

Housing Wire

APRIL 8, 2022

After writing the America is Back recovery model on HousingWire, I wrote an article on my blog about what it would take to crash home prices on April 10, 2020. Obviously, my home-price growth model got smashed! We have to take everything one day at a time and add new variables when appropriate. Inventory velocity. before COVID) stage.

Housing Market 393

Housing Market Marketing Inventory Lending 393

Appraisal Today

DECEMBER 22, 2023

It’s a type of functional obsolescence in which the structure or one of its components is overly improved to a capacity or quality than a prudent buyer or owner would build or pay. Maybe you were busy and forgot to check it out in public records, MLS or speaking with the owner or agent (if a sale) when scheduling the appointment.

Appraisal 76

Appraisal Business Contracts Real Estate 76

Appraisal Today

DECEMBER 23, 2022

For example: The owner doesn’t own property rights on a waterfront property. For example: The property is located in an area where there are no other sales. There is no market for the house; no sales are occurring for some reason (e.g., To read more of this long blog post with many topics, click Read More Below!!

Appraisal 52

Appraisal Contracts Mortgage Modernization 52

Appraisal Today

APRIL 2, 2023

What Do Appraisers Look For in a Sales Contract? 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.” That’s the real reason why—because USPAP says so.

Contracts 52

Contracts Appraisal HOA Architecture 52

Appraisal Today

JANUARY 4, 2023

To read more of this long blog post with many topics, click Read More Below!! To read more of this long blog post with many topics, click Read More Below!! 1-6-23 NEWSLETTER. Appraisers Share Their Top Professional Goals for 2023. By: McKissock (Survey). Excerpts: Maintain my current business (26%). Grow my business (15%). Other (6%).

Appraisal 52

Appraisal Contracts Business Development 52

Appraisal Today

APRIL 28, 2023

But in today’s tight market, with orders as scarce as hens’ teeth, let’s explore some other approaches to solving this problem. But in today’s tight market, with orders as scarce as hens’ teeth, let’s explore some other approaches to solving this problem. Appraising Solar Panels By Mark Buhler Excerpts: You drive up to the property.

Appraisal 52

Appraisal Real Estate Business Contracts 52

Appraisal Today

MAY 26, 2023

Topics include: When can an FHA appraisal be completed “as-is” vs. Cosmetic repairs Examples MPR repairs Examples Conditions that require inspection Examples To read more, click here My comments: If you do FHA appraisals, read this blog post. Owners with conservation easements can claim an income tax deduction.

Easement 52

Easement Contracts Appraisal Inspection 52

Appraisal Today

SEPTEMBER 8, 2023

Problems When Appraising Airbnb & VRBO Properties by Richard Hagar, SRA Excerpts: Residential appraisers are being asked to appraise these properties, along with their elevated income, as “typical” residential properties. Appraisers are being told by their AMC clients and loan officers to appraise these as residential properties.

Appraisal 81

Appraisal Contracts Business Construction 81

Appraisal Today

FEBRUARY 2, 2024

NOTE: Please scroll down to read the other topics in this long blog post on forecasts for economic factors, SFR zoning and more apartments, appraising and rhetoric, opinion, or anecdotal theories, unusual homes, mortgage origination stats, etc. 2024 Updated UAD and URAR – What does It Mean for You? What exactly does this mean?

Appraisal 67

Appraisal Contracts Training Real Estate 67

Appraisal Today

NOVEMBER 10, 2023

NOTE: Please scroll down to read the other topics in this long blog post on effect of low rates on existing home loans, Liability, Bias, FHA manufactured home changes, unusual homes, mortgage origination stats, etc. Stick to the facts. Here are a few more best practices that can help appraisers achieve more objective appraisals.

Appraisal 63

Appraisal Contracts Design Mortgage 63

AmeriMac

MARCH 29, 2024

In this blog, we will explore everything you need to know about reverse mortgage appraisals, including the basics of how reverse mortgages work, the eligibility criteria for a reverse mortgage, the role of appraisals in the process, and the appraisal process itself. Let’s dive deeper into the details.

Mortgage Appraisal 36

Mortgage Appraisal Appraisal Mortgage Appraisal Process 36

Appraisal Today

AUGUST 12, 2022

This blog post is the best I have ever read, as it is specifically for practicing appraisers. To read more of this long blog post with many topics, click Read More Below!! My comments: I could not find anything about a sale. Only check email twice a day, at designated times. so that incoming emails won’t interrupt your work.

Appraisal 52

Appraisal Contracts Mortgage Business 52

Appraisal Today

JUNE 24, 2022

Those topics are fodder for other lengthy blog posts all by themselves. The property owners asked me to do appraisals on the homes, including the rear structures but did not like my very high fee. The owner said it had a Bay view but did not mention you had to stand on the toilet to see through the window.

Appraisal 52

Appraisal Contracts Mortgage Real Estate 52

Appraisal Today

SEPTEMBER 29, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+

Insurance 79

Insurance Appraisal Contracts Mortgage 79

Will Springer Realtor

SEPTEMBER 12, 2023

The inability to loosen rates – and therefore reduce monthly payments on future home purchases – has put a stranglehold on sales activity. fewer new listings, the rate of sales rose 1.7% fewer Pending sales (1734). Sales inched 1.0% Only buyers and sellers who must move are doing so. While there were 5.8% Unlikely. “I

Finance 68

Finance Inventory Construction Buyers 68

Appraisal Today

NOVEMBER 17, 2023

NOTE: Please scroll down to read the other topics in this long blog post on Liability, Bias, reviewers with little experience, GSE modernization, unusual homes, mortgage origination stats, etc. The job assignments given to property data collectors are often the types of assignments that wouldn’t come across an appraiser’s desk.

Appraisal 70

Appraisal Modernization Training Business 70