McKissock

DECEMBER 14, 2021

Free Download: Ready to launch your appraisal career? So, this is a pretend sale between a typically motivated buyer and a seller. We need to explore who the most likely market participants might be. So, it’s that darned old market that determines what the market value is.

Market Value 80

Market Value Marketing Property Appraisal Appraisal 80

McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. When should we analyze the contract?

Contracts 64

Contracts Appraisal Market Value Real Estate 64

Birmingham Appraisal

JANUARY 25, 2023

It goes without saying that if agents utilize the methods that appraisers use, their list prices, and the eventual contract price, will be more in line with what the appraiser’s opinion of value will be. You can check out a prior post I wrote to see how appraisers reconcile a final value within their appraisal report.

Agents 76

Agents Appraisal Contracts Buyers 76

McKissock

JANUARY 31, 2023

.” “The definition of market value.” ” “How value is derived.” ” “Why the price per square foot is not an indicator of value.” ” “That cost does not equal value on homes, and picking comparable sales just to hit contract prices is unethical.

Real Estate Agent 97

Real Estate Agent Real Estate Agents Appraisal 97

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?” What should it be insured for?

Real Estate 72

Real Estate Appraisal Valuation Inspection 72

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? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them.

Contracts 52

Contracts Appraisal HOA Architecture 52

Assurance Financial

DECEMBER 20, 2021

To pay for the rest of the mortgage, the closing manager sets up an escrow account into which the buyer will deposit their payment. The home’s gains in market value. In a short sale, the buyer purchases the home for less than the seller’s debt against the property. Mortgage principal payments.

Mortgage 74

Mortgage Sellers Buyers Finance 74