Portland Appraisal Blog
AUGUST 8, 2020
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. Sometimes years might pass by before this legal requirement is understood by the family and an appraisal report is ordered.
Birmingham Appraisal
SEPTEMBER 26, 2023
Outlier sales often lack suitable comparables, making it challenging to apply the traditional valuation approach accurately. Legal Implications If a buyer or seller relies on an inflated outlier-based list price to make a significant financial decision and later faces financial hardships as a result, they may pursue legal action.
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Appraisal Today
APRIL 14, 2023
Appraisers sought to bracket the subject using three comparable sales. Our opinions are sought for work as varied as bankruptcy, estate, charitable contributions, pre-listing, before-and-after valuation, among other reasons. It is one environment where residential appraisers are still valued. Worth reading.
Portland Appraisal Blog
APRIL 14, 2019
Richard Hagar , a nationally recognized appraiser and valuation expert, points out the various reasons why an ROV may be necessary: To correct a serious mistake of material deficiency in the original report. Which is a legal no-no.). 4) “Bracketing” of most major features. (No 2) No sales over a year.
Houston Properties
JANUARY 13, 2021
Get a free home valuation for your house and trends in your neighborhood. For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. Remember: real estate is hyper-local! The data below covers the “average Houston home.” So, what did they do?
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