Housing Wire

NOVEMBER 10, 2021

For example, an analysis from Mike DelPrete indicated that while Zillow wildly overpaid for homes in Phoenix and Atlanta, Opendoor forked over market value. Opendoor now has 17,164 homes on its books. The earning’s report, meanwhile, revealed that Opendoor ramped up its purchases almost as quickly as Zillow. billion asset.

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Housing Market Market Value Insurance Lending 319

Housing Wire

MARCH 3, 2022

The action was needed to align its book value with supportable control premium, due to a sustained decline in the stock price, FoA executives said. The company made its public debut in April by merging with the special purpose acquisition company Replay Acquisition Company valued at $1.9 On Wednesday, its market value was $191.5

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Finance Investors Mortgage Home Improvement 377

Housing Wire

AUGUST 9, 2022

A closer look at WMC’s books, however, shows that as of June 30 its residential whole loan portfolio, nearly all of which is comprised of non-QM loans, was underwater by some $44 million. That’s based on a comparison of the principal balance of the loans on the books and their fair market value as reported by the REIT as of that date.

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Marketing Real Estate Mortgage Investors 382

Housing Wire

FEBRUARY 7, 2023

MSR prices and the come to Jesus moment Smith said the MSR market currently, based on unpaid principal balance (UPB), is about $14 trillion in total size, “which translate into about $200 billion of market value.” It’s just as more transparency in the market.”

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Sellers Investors Valuation Finance 299

Cleveland Appraisal Blog

JUNE 17, 2022

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. Books have been written on the subject. Depreciation!

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Appraisal Development Market Value Tenants 283

Appraisal Today

MAY 17, 2024

By Tony Pistilli Excerpts: I recall receiving MLS books once a month and being thrilled that a whole new population of sales were available to be considered within the pages of each book. Each month there was a new book, but every 6 months, there was a combined book with the last 6 months of sales in one bound and printed book.

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Tools Appraisal Renovations Design 66

Cleveland Appraisal Blog

SEPTEMBER 30, 2022

A flipbook is a book with a series of pictures that change slightly with the turn of each page. When flipping thru one of these books, the viewer’s mind fills in the gaps between pictures so that an animated story and picture develops. According to Wikipedia , the oldest documented flip book appeared on March 18th, 1868.

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Appraisal Development Market Value Clients 347

Eppraisal

NOVEMBER 28, 2023

Lenders can easily resell these loans to investors on secondary markets and get them off their books. If you buy your parent’s house, you may use a gift of equity — where the property owner sells it at below-market value — to make your purchase more affordable.

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Finance Government Insurance Property Taxes 69

Cleveland Appraisal Blog

JANUARY 21, 2021

Crack Detective Comic Book Series From the 1940’s. It is impossible to know the impact on market value until we know if repairs are needed. Because major structural repairs have a negative impact on market value, we must take this situation seriously. . There are many potential causes. NON-STRUCTURAL.

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Appraisal Inspection Real Estate Market Value 235

Appraisal Today

NOVEMBER 25, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Graphs and Trendlines, Market Value definition, appraisal forms, unusual homes, mortgage origination stats, etc. ==. Book Review: Residential Market Analysis and Highest and Best Use by Mark Ratterman, MAI, SRA Reviewer: Joe Lynch.

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Appraisal Market Value Contracts Finance 52

Lamacchia Realty

MAY 6, 2024

In addition, the influence of local community features on property values can’t be overstated. Living near popular attractions can raise your home’s market value , making it a profitable asset if you decide to sell. Short-term rental laws can be strict, and staying compliant avoids hefty fines.

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Logistics Realty Transportation Property Taxes 51

D Fritz Appraisals

DECEMBER 16, 2022

BC Assessment’s team of appraisers take this information and look at it alongside property market data from July 1 st. Sales of comparable homes in the local area are analyzed along with specific features of each home to establish market value. Fritz as soon as possible to book a time to carry out your appraisal.

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Property Taxes Valuation Appraisal Real Estate 110

The Robert Weiler Company

OCTOBER 21, 2022

The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. Question 6: What is the overall commercial real estate appraisal process?

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Real Estate Appraisal Property Appraisal Valuation 60

Hank Miller Team

DECEMBER 14, 2022

Books have been written about it, master classes offered and expressions like “he could sell ice to an Eskimo” coined. The appraiser is sent by the lender to provide an unbiased opinion of market value and to ensure the contract price is supported by the appropriate data. The art of persuasion, it’s a beautiful thing.

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Appraisal Real Estate Agent Contracts Agents 52

McKissock

JULY 11, 2022

” Here are two quotes from that article that are still true today: “How credible do you think a current estimate of market value will be if it is based solely on three sales made to low down-payment buyers at the height of the recent feeding frenzy?” The same can’t be said for the other two.

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Real Estate Appraisal Valuation Inspection 72

McKissock

JULY 6, 2022

For buyers, they need a clear understanding regarding booking showings and the implied commitment of time that appointments have. Seller-net sheets should include any and all anticipated costs it will take to sell their property against the backdrop of anticipated market value. We should prepare them for those expenditures.

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Clients Real Estate Contracts Sellers 87

Housing Wire

AUGUST 11, 2022

A closer look at Western Asset’s books shows that as of June 30 its residential whole loan portfolio, nearly all of which is comprised of non-QM loans, was underwater by some $44 million. The REIT, with some $2.8 billion in assets, has a diverse portfolio of residential and commercial real estate assets.

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Mortgage Finance Lending Real Estate 382

D Fritz Appraisals

NOVEMBER 9, 2019

An accurate appraisal of your property’s current market value is essential to the refinancing of a home. If you’re like most homeowners, you are likely already somewhat aware of your home’s value in the current market. Fritz Appraisals at 250-413-7319 to book your next appraisal in Victoria, BC.

Property Appraisal 78

Property Appraisal Appraisal Real Estate Investing 78

D Fritz Appraisals

SEPTEMBER 19, 2019

A home or house appraisal is a third-party report written by a professional appraiser who visits the property and does market research to analyze how much the house is worth in today’s market. An appraisal report informs homeowners, home buyers, and mortgage lenders on the market value of the home.

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Home Value Appraisal Real Estate Agent Tools 78

Cleveland Appraisal Blog

JANUARY 13, 2022

Because the adjustments we make or choose not to make, impact our opinion of the market value of the property we are appraising. We measure the improvements to verify that we are appraising the home based upon accurate square footage, which has a direct impact on market value in most cases.

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Appraisal Inspection Clients Real Estate 221

Appraisal Today

JUNE 17, 2022

It might bias them toward the contract price rather than market value (it might). In 1986, “Comp books” came out once a quarter. I still have my comp books starting in 1986. In California, CMDC (California Market Data Cooperative) was started by Southern California lenders in the 1970s.

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Appraisal Contracts Real Estate Mortgage 52

Housing Wire

OCTOBER 9, 2023

What the investigators are finding — not in every case, but in a majority of the cases — is that the investment is proper and they are paying fair market value for the investment.” There are companies that really do things by the book — they are uber compliant.

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Real Estate Insurance Brokerage Real Estate Agent 436

Hank Miller Team

JANUARY 25, 2022

Sure the reflex text book answer is “what a buyer is willing to pay” but that’s hardly the complete picture. A home has a number of “values” and most are not tied to the buyers in the market. Market Value Market value anticipates the “a home should sell for” question. How reliable is it?

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Home Value Market Value Buyers Inventory 52

Housing Wire

NOVEMBER 23, 2021

Then, in November, the same SEC filings reveals, Rocket “purchased MSRs relating to certain single-family mortgages loans with an aggregate unpaid principal balance of approximately $9 billion and a fair market value of approximately $82.1

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Marketing Mortgage Market Value Sellers 312

The Robert Weiler Company

APRIL 20, 2021

They are: (1) the asset-based approach; (2) the earning value approach; and (3) the market value approach. The key is to apply the optimal approach for each business, based on the business’s capital structure, management, prospective future earnings, and market value. The market value approach.

Valuation 147

Valuation Business Buyers Market Value 147

Lamacchia Realty

OCTOBER 25, 2023

This is an incredibly effective way to gain interest in a listing that has otherwise sat on the market without much of a response. Final Thoughts In the book Zillow Talk by Spencer Rascoff and Stan Humphries Chapter 15 talks about Pricing. One of the points they make is about price adjustments. They are right.

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Bracketing Marketing Sellers Buyers 61

Lamacchia Realty

JUNE 21, 2022

This is an incredibly effective way to gain interest in a listing that has otherwise sat on the market without much of a response. In the book Zillow Talk by Spencer Rascoff and Stan Humphries Chapter 15 talks about Pricing. Final Thoughts. One of the points they make is about price adjustments. They are right.

Housing Market 63

Housing Market Bracketing Marketing Sellers 63

Appraisal Today

JULY 1, 2022

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. – Book Review. Why Appraisers Don’t Depreciate Land. By Jamie Owen.

Appraisal 52

Appraisal Contracts Insurance Real Estate 52

Lamacchia Realty

AUGUST 3, 2021

This is an incredibly effective way to gain interest in a listing that has otherwise sat on the market without much of a response. In the book Zillow Talk by Spencer Rascoff and Stan Humphries Chapter 15 talks about Pricing. Final Thoughts. One of the points they make is about price adjustments. They are right.

Bracketing 68

Bracketing Sellers Buyers Inventory 68

Quicken Loans

JUNE 8, 2021

In some short sales, the owners’ bank agrees to take this loss to get the home sold and the mortgage (which might otherwise go into default) off their books. But if you make an offer that’s too far below market value , the sellers (whether they are a federal government body, a bank or a lender) might reject it.

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Real Estate Agent Inspection Government Real Estate 72

Appraisal Today

SEPTEMBER 15, 2023

Richard Hagar, SRA, has a good book on Dave Towne’s comments (and many other client issues): For more info click here == Private money lending – no UAD, computer “reviews”, low fees, etc. Properties sold due to a job relocation, estate settlement, foreclosure, or divorce may sell for less than market value.

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Appraisal Real Estate Agent Contracts Real Estate 85

Appraisal Today

FEBRUARY 9, 2024

also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” FHA Handbook 4000.1

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Appraisal Contracts Insurance Construction 83

Appraisal Buzz

MAY 24, 2021

It lets appraisers know how much buyers would pay for a similar home in the current market. It tends to be the most reliable trick in the book, even for multifamily homes. Essentially, you calculate each unit’s fair market rent based on other rentals located in the neighborhood.

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Appraisal Tenants Buyers Landlords 397

Appraisal Today

OCTOBER 6, 2023

This year, for the first time, you can purchase just the book of USPAP standards for $35. Marketing, Forms, Scope of Work, What they Want, Getting names of companies, and many more topics. Valuation By Comparison by Mark Ratterman, MAI Book Review. This covers all Definitions, Rules, and Standards. Well worth it. Everything.

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Appraisal Contracts Real Estate Mortgage 81

Eppraisal

MAY 5, 2023

A self-employed book editor, for example, who does the entirety of business online within a small addition to the house might receive a pass because the neighbors remain unaffected as do the traffic patterns. These days, additional space for an office will enhance market values of many houses.

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Business Finance Home Value Construction 36

Appraisal Today

APRIL 2, 2023

The May issue of Appraisal Today will have a review of an excellent book: The Valuation of Condominiums, Cooperatives, and PUDs. The best book I have ever read on this topic. To read many practical tips, click here My comments: Worth reading. Answers a lot of appraiser questions. Available from the Appraisal Institute.

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Contracts Appraisal HOA Architecture 52

Appraisal Today

SEPTEMBER 9, 2022

Mansions, of course, have long played a special role in the American psyche—from Gilded Age monuments to egregious affluence in New York, from futuristic edifices for the West Coast tech elite to the larger-then-life residences of comic book titans Richie Rich, Scrooge McDuck, and Batman. So they are paying investment value, not market value.

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Reconsideration of Value Appraisal Clients Contracts 52