Appraisal Today

FEBRUARY 23, 2024

Resembling a modern French Chteau, it features a freshwater lake, manicured gardens, and three levels of luxurious living spaces. A local lender gave me an appraisal assignment on the proposed construction of 7 units in the city. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.91

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Appraisal Today

FEBRUARY 24, 2023

The real estate appraisers of old used to network more, market their services, and sell themselves more than today’s modern appraiser,” remarks Mark Skapinetz, an independent real estate appraiser in Georgia who operates a 100 percent non-lender appraisal firm. The average contract interest rate for 5/1 ARMs increased to 5.66

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Appraisal Today

FEBRUARY 16, 2024

In my city of 78,000 population, there are over 10,000 buildings constructed prior to 1930, including many classic Victorians. the price of the Naples compound was justified not only because of the size, location, and yacht basin, but also because it would be difficult to construct such a property again. I strongly recommend it.

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Appraisal Today

SEPTEMBER 8, 2023

Appraisers are being told by their AMC clients and loan officers to appraise these as residential properties. It’s been on and off the market since 2014, four years after a lengthy construction project there was completed. Moat and Waterfall at This $880K Midcentury Modern Inspired Home in Vermont 4 bedroom, 3.5+ percent from 7.31

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Appraisal Today

NOVEMBER 17, 2023

4 Myths About Property Data Collection By McKissock Excerpts: Myth #1: PDC is the same thing as property appraisal As a professional appraiser, you know very well that what a property data collector does is not the same as what you do — even if your clients don’t always understand the difference. My wife asked me why I did this?

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Appraisal Today

MAY 26, 2023

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B Some appraisers feel that lenders should not provide them with the purchase and sale contract.

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Appraisal Today

OCTOBER 13, 2023

For as long as I have been appraising, lenders had special lists for the tough ones, or for a valuable bank client that borrows money from the bank and has large deposits. Though the hotel never came to be, the lobby, which appears to grow out from within the rocky overlook, was constructed. percent from 7.53 percent from 7.51

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Appraisal Today

JANUARY 26, 2024

However, new construction back then really struggled, but today in light of so many sellers sitting in the existing market, builders have been thriving. Current listings and especially homes in contract show current market conditions. The problem with listings and homes in contract is that they are not closed sales.

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Appraisal Today

SEPTEMBER 17, 2022

Catskills Modern: ‘Sleeve House’ Highlighted by Charred Wood Exterior. Excerpts: An extremely modern home with an equally dark exterior is now available in Ancram, NY. Architect Adam Dayem designed the unique 2,500-square-foot residence, which was completed in 2017 after several years of construction. 2,500 sq.ft.,

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Appraisal Today

JULY 29, 2022

It sits in the Sarasota beachfront neighborhood of Lido Shores, an area that’s a haven for modern architecture. This is actually about fewer buyers getting into contract. Check out Ryan’s other recent blog posts for ideas on how to analyze your market and help your clients understand what is happening. percent from 5.82

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Birmingham Appraisal

NOVEMBER 14, 2023

Agents are looking out for the best interests of their clients and always want to sell their houses for the highest amount possible, however, unless a buyer is paying cash and does not need financing they will need to obtain an appraisal. 4) Date of Sale – The date the comp sold is also an important factor to consider.

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Appraisal Today

MAY 27, 2022

6 Tips for Appraising New Construction Homes. Excerpts: New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. To read more tips, click here. By Mark Buhler.

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Appraisal Today

OCTOBER 21, 2022

Your clients count on you to let them know the market today, not in the past. The vault is constructed with 4-foot-thick, reinforced concrete walls and is plumbed for a fire suppression system. It’s a modern Cape with two bedrooms upstairs and two downstairs,” Maiser says. To read more and see the graphs, click here.

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Will Springer Realtor

MAY 9, 2023

They have also been spending oodles of money to shape their residences to meet new living needs – modern and spacious, when possible – as households live in their homes for longer. month backlogs of contract work, as of Q4 (latest data available), which is down from the peak of 4.8 Owners are investing about $475B ( yes, billion!

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Appraisal Today

NOVEMBER 20, 2022

In this category, you find the properties that represent the whimsical side of the design and prove there is no idea too out there when it comes to constructing a building. Every detail of the newly constructed interior was carefully thought out to maintain the unique cylindrical structure while adding a modern, minimalistic feel.

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Portland Appraisal Blog

JULY 27, 2019

It is connected to the east side of the city via four bridges and boasts some of the city’s modern skyscrapers—including the John Ross Tower , Portland’s largest residential structure. There has been relatively little new construction in the neighborhood with ~5.8% of all sales having been new homes.

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Will Springer Realtor

JUNE 8, 2022

They include shortages caused by restrictive zoning that limit the number and type of housing units built on a given parcel, a “not in my backyard” resistance to new construction in traditionally single-family-home neighborhoods, and layers of regulations, processes and fees that dissuade developers from building in certain areas.

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Will Springer Realtor

JUNE 9, 2021

Some smaller construction companies are heavily burdened by rising costs for everything from lumber and steel to fuel and labor amid a lack of available employees. One-tenth surveyed said they have added language to contracts that require buyers to share in the materials costs if they continue to rise. >> About 4.4 of the U.S.

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Will Springer Realtor

JUNE 9, 2023

Another 14,716 units are under construction and more than 25,000 are in the planning stages, meaning they will likely start construction within about a year. These are the two most frequently discussed items by both the people working in residential real estate and the customers and clients they serve. It’s a 4-bed, 3.75-bath

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