Appraisal Buzz
NOVEMBER 29, 2021
Appraisers use three different property valuation methods: (1) Sales Comparison relates the estimated value of our subject property to similar settled, active, and pending market sales. (2) As a real estate developer, prior to entering the field, I always costed out my projects for profitability. 4) Streamline (update).
Cleveland Appraisal Blog
JUNE 30, 2023
Joining local clubs or organizations, volunteering for events or charities, attending spiritual centers, classes, or workshops, and online communities such as Meetup or Facebook groups are excellent ways to meet new people and develop a support system.
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Birmingham Appraisal
FEBRUARY 20, 2024
The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible. For the above reasons, it is very important for accurate valuations during the home-buying process. Are you a cross your fingers type of listing agent when it comes to appraisals?
Portland Appraisal Blog
AUGUST 8, 2020
years ago when there have been many[,] many sales in this development just in the last year?” Examples: Estate Tax : When a family member with property passes away an appraisal report with a valuation date as of the date of death is often needed. One agent said, “I thought you guys could only use comps going back 6 months.”
Town & Country Residential Appraisals
DECEMBER 16, 2019
Imagine home valuation in this neighborhood. This means that over the years we have received properties from real estate agents on properties where we had a question as to the rationale used to develop a contract price. Every house identical… except for the ones next to the industrial site. Sometimes they aren’t “comps” at all.
Clear Capital
NOVEMBER 14, 2022
Buying or refinancing a house is stressful for home buyers, and “being able to rely on a timely valuation can make a big difference,” says Heather Khan, Senior Analyst of Quality Assurance at Clear Capital. Cloning an appraisal report can end up taking more time and create the potential for revision requests than well-developed templates.
Birmingham Appraisal
SEPTEMBER 26, 2023
Outlier sales often lack suitable comparables, making it challenging to apply the traditional valuation approach accurately. Conclusion When developing a pricing strategy, the use of outlier sales should be approached with caution. Related posts: What is bracketing and why should Realtors do it?
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