article thumbnail

How deal terms can affect a home’s value

Housing Wire

When we go through the brokerage valuation process, the product is Fair Market Value (FMV). When we see transactions that are executed at a price that is materially different than FMV, it is usually because the deal terms are imbalanced, favoring either the buyer or the seller. At a 3x multiple, FMV would be $600,000.

Sellers 404
article thumbnail

Loosening The Knot

Appraisal Buzz

The transaction is a complex interplay between buyer and seller. The hypothetical interaction of the typical buyer (who embodies the collective thought and action of the whole market of buyers) with the typical seller (who similarly embodies the collective thought and action of the whole market of sellers).

Sellers 379
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Renovations That Increase Home Value in BC: Our Top 8 Picks

D Fritz Appraisals

Whether you are planning to sell in the near future or not, most people want to be reassured that any major renovations they invest in will be reflected in an increased home valuation. While any renovations that improve the function or look of your home are a good idea, some have a better return on investment value than others.

article thumbnail

The cure for appraisal gap anxiety

Housing Wire

An appraisal gap is the difference between what a buyer agreed to pay for a home in a purchase contract and what an appraiser concludes as the fair market value of the property. Fannie Mae recently announced the Value Acceptance + Property Data solution. Well, a cure for appraisal gap anxiety has appeared on the scene.

Appraisal 427
article thumbnail

Date of Death Appraisal

Empire Appraisal Group

A date of death appraisal, also known as a “valuation as of the date of death” is a type of real estate or personal property appraisal that determines the fair market value of assets as of the date a person passed away. Valuation Date : The valuation date is critical in these appraisals.

article thumbnail

The Top Benefits of Getting a Residential Appraisal in Toronto

Appraisal Hub

Whether you’re considering selling your home, refinancing your mortgage, or simply looking to understand your property’s market value, a professional residential appraisal is the key. employ certified professionals who understand the nuances of the local market. is a wise choice.

article thumbnail

Checklist to Sell a House in BC

D Fritz Appraisals

Whether selling a cozy condo in the heart of downtown or a sprawling estate in the countryside, having a checklist to sell a house is essential to organizing yourself, maximizing your home’s value, and appealing to potential buyers. Selling a home can be exciting and daunting, but with the proper guidance and preparation (i.e.