article thumbnail

The Impact of Zoning Laws and Land Use Regulations on Property Values for Real Estate Investors

Boston Appraisal

In the intricate world of real estate investment, an understanding of local zoning laws and broader land use regulations is paramount. These frameworks not only shape how properties can be used but also have a profound impact on their market value.

Law 78
article thumbnail

Loosening The Knot

Appraisal Buzz

It is the work of a therapist and their client to carefully untie those knots. While it’s true that we must consider the empirical evidence, like chemists in a lab, we are not able to rely on natural laws, neatly organizing the component parts on the periodic table. So, are we appraisers closer to being chemists or therapists?

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

Joint ventures between title firms and real estate companies are under the microscope

Housing Wire

In February 2023, law firm McGuireWoods released a white paper claiming that the joint venture business model between title insurance firms and real estate brokerages “drives up costs, stifles competition” and violates the 1974 Real Estate Settlement Procedures Act (RESPA) and the 2010 Consumer Financial Protection Act (CFPA). of the D.C. “We

article thumbnail

eXp and Kind plan mortgage JV by October

Housing Wire

billion market capitalization, less than half of its previous market value. Unclear is what pressure eXp’s agents may feel to direct their clients to Success. Under federal law, real estate and mortgage transactions should be conducted separately, but that has not deterred the recent proliferation of joint ventures.

Mortgage 379
article thumbnail

RESPA enforcement is back — are you ready?

Housing Wire

One can’t spend more than the reasonable market value, must also use these services and actually receive them. Murray adds: “Under the Obama administration, they basically just did away with marketing agreements even though many were written and performed within the laws that came out of the Bush administration.

article thumbnail

Why CAR campaigned for California’s Proposition 19

Housing Wire

Proposition 19 eliminated the ability of homeowners to transfer primary residential properties to their children or grandchildren without the property’s tax assessment resetting to market value if the property is being used as a rental house or second home. But CAR, which supported the measure with $35.7

article thumbnail

The Role of Appraisals in Property Disputes: A Comprehensive Guide for Lawyers

Boston Appraisal

By providing an objective assessment of the property’s market value, an appraisal can aid in dispute resolution, assist in legal arguments, and guide negotiations. The final appraisal report gives an estimated market value of the property, providing a financial baseline for negotiations, settlements, and legal arguments.