McKissock

JANUARY 14, 2022

For example: I had an assignment to appraise a 3,500 sq. four-year-old masonry house of well above average quality construction. I phoned to notify my local lender client of the problem. The client said that it couldn’t be that bad, to which I said to come check it out yourself.

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Real Quantum

AUGUST 3, 2022

They provide a variety of commercial valuation services specializing in multi-family, mixed-use, industrial, commercial, new construction, and land property appraisal services and have recently diversified into one- to four-family residential appraisal services. We take pride in staying ahead of the curve.

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Valuation Technology Transportation Appraisal 36

Robinson Appraisal Group

NOVEMBER 16, 2018

The Market Conditions Addendum (Form 1004MC) is designed to enhance the transparency of the market trends and conditions conclusions made by the appraiser. The Market Conditions Addendum was required with all one- to four-unit property appraisals performed on or after April 1, 2009.

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Tools Appraisal Lending Inspection 78

Appraisal Buzz

JUNE 20, 2022

Real property appraisers have had quite a bit dumped on them in the past couple of years. The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern.

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AmeriMac

JULY 25, 2022

Appraisers compare properties by considering several criteria such as the number of rooms and baths, location, spaciousness and age. The cost approach values a property based on the sum of the cost of the land and the cost of property construction, less the calculated depreciation over time. Cost Approach.

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Housing Wire

OCTOBER 10, 2023

It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. Successful agents create effective and accurate CMA reports that help their clients make informed decisions. Sellers would be able to carefully review comparable properties on the market as well as those that have successfully closed.

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Marketing Real Estate Agent Clients Tools 397

McKissock

SEPTEMBER 10, 2020

If you haven’t appraised the property type in the past, it’s inadvisable to proceed without finding a consulting partner who has experience in appraising the special purpose property. In the fast food arena, the building types are usually specialized with widely different layouts, construction, and design.

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Appraisal Valuation Real Estate Design 54

The Robert Weiler Company

SEPTEMBER 16, 2021

And how does the real estate appraisal process work? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Residential vs. Commercial Property Appraisal and Their Differing Review Process. Cost of construction and materials.

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Real Estate Appraisal Property Appraisal Valuation 147

Appraisal Today

APRIL 14, 2023

The good news for appraisers is that most of these clauses are simply restatements of common law indemnification principles, i.e. that when one party (in this case the AMC) is harmed by the actions of another (the appraiser), there is an implied obligation on the part of the wrongdoer to reimburse the harmed party.

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Appraisal Bracketing Contracts Valuation 52

Appraisal Hub

FEBRUARY 15, 2024

For commercial properties, this also involves analyzing the business environment and potential for income generation. Physical Inspection: A thorough inspection of the property to assess its condition, quality of construction, and any features that may affect its value. Choosing the right appraisal company in Toronto is crucial.

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Real Estate Appraisal Appraisal Process Inspection 78

Appraisal Today

DECEMBER 8, 2023

The first question to talk about is this: “Does the real estate appraiser have any ethical, moral, or legal responsibility to protect the consumer/mortgagor2, 3, 4 when appraising a property for a mortgagee/client?”… ”… Question 2: does the lending industry owe the appraiser a living?

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Appraisal Real Estate Contracts Design 67

Appraisal Today

SEPTEMBER 22, 2023

They included appraisers, real estate agents, and someone with a week, a month, or online video training. An AMC can offer different levels to their clients, depending on how much reliability their lender customers want or need. On a more positive side, I have done thousands of drive by appraisals since 1986.

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Appraisal Training Inspection Real Estate 86

McKissock

DECEMBER 28, 2021

The unprecedented buyer demand of 2021 will likely be suppressed to some extent due to affordability concerns in some markets, and more housing inventory will most likely be available from both the existing homes and new construction segments.”. Free download: Are you investing in yourself and your appraisal career?

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Appraisal Reconsideration of Value Real Estate Property Appraisal 96

Appraisal Today

JUNE 17, 2022

Excerpt: We continue to see claims alleging that the rural property appraiser failed to adequately identify or report details surrounding a water source. In one claim, the appraiser correctly noted that the property was serviced by a “private water well.” When will it affect your market? USPAP and the Contract.

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Appraisal Contracts Real Estate Mortgage 52

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.

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Appraisal Modernization Training Business 69

Empire Appraisal Group

MARCH 31, 2022

We are very concerned about new construction, some of which is incompatible in size, scale and proportion.”. Sunshine Park, a century-old community of 130 properties south of downtown, is pursuing historic designation after seeing unsettling demos and rebuilds, including the razing of a 1920s-era mission-style house.

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Design Architecture Realtors Development 78

Realvals

JUNE 18, 2023

In the first scenario, an appraisal gives you an objective perspective on the property’s value to ensure that you don’t overpay for your new home. I have had many clients that want to make an offer without a contingency, or want to make sure their offer is competitive.

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Appraisal Property Taxes Real Estate Market Value 145

Appraisal Today

APRIL 28, 2023

Call the client and have them re-assign the order? First: How do appraisers value any amenity of a property? Appraisal 101 would suggest the matched pairs analysis. In this episode of our podcast, Beyond the Numbers with McKissock Appraisal, Jason Ormiston, owner of Todd Appraisal, Inc.

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Appraisal Real Estate Business Contracts 52

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. Excerpts: Disciplinary complaints against appraisers are becoming more and more common. Failure to analyze the sales history of the subject property.

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Appraisal Real Estate Agent Real Estate Contracts 52