Appraisal Today

JUNE 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. No inspections or appraisals? USPAP and the Contract. Excerpt: But USPAP and the contract have a very unique relationship. My Comments on Market Changes.

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Appraisal Today

SEPTEMBER 30, 2022

As it turns out, both the appraiser and the home inspector had each independently inspected the home 18 months prior and both mistakenly reported a few of the smoke alarms present at the home, as CO detectors. I request any reports, such as termite or home inspection, even old reports, but rarely get them. I never use the terms.

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Appraisal Today

APRIL 12, 2024

Desktop Appraisals: Who, When, and Why Excerpts: The ability to identify property characteristics without a personal inspection is not a new concept. To read more, Click Here To see the listing with 40 photos Click Here = Can a New Construction Sale be Used as a Comp for an Older Home? baths, 14,450 sq.ft.,

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Property Metrics

AUGUST 13, 2020

What is a prime location for office and retail space today may be empty 20 years from now. If corporations suddenly start allowing a large percentage of workers to engage in remote working contracts, the market demand for office space will dramatically decrease from previous forecasts. Construction Risk.

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Appraisal Today

OCTOBER 7, 2022

. “Owning this house is a bit like being a celebrity in very weird, eclectic circles,” he said in a recent interview, noting how architecture students would regularly visit to study the home’s sculptural construction. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.60

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The Robert Weiler Company

OCTOBER 21, 2022

In general, the full cycle of the commercial real estate appraisal process can take several days to weeks, when you factor in the inspection and subsequent investigative work. Cost approach : Essentially, this technique equates the property value to the cost of constructing a replica. Rent a section to retail establishments.

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Appraisal Today

APRIL 14, 2023

These types of clauses are now incredibly common amongst the construction trades, real estate professionals, wedding services, financial services, and more. Or desktop appraisals and inspection only. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.30

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Housing Wire

JANUARY 19, 2023

High inflation has reduced consumers’ purchasing power, which has led to weakened sales and construction across all 12 Federal Reserve districts. Housing markets continued to weaken, with sales and construction declining across [all 12 Federal Reserve] districts,” according to the Federal Reserve Beige Book released on Wednesday.

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Appraisal Hub

FEBRUARY 15, 2024

Commercial Appraisals, on the other hand, delve into properties used for business purposes, including office buildings, retail shops, industrial sites, farm, and apartment complexes with five or more units. For commercial properties, this also involves analyzing the business environment and potential for income generation.

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Appraisal Today

MAY 26, 2023

Cosmetic repairs Examples MPR repairs Examples Conditions that require inspection Examples To read more, click here My comments: If you do FHA appraisals, read this blog post. I quit doing FHA appraisals in the mid-1980s because of the inspection requirements compared to conventional appraisals, that did not have the requirement.

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Houston Properties

JANUARY 13, 2021

We also believe these trends will create limited appreciation for inner loop neighborhoods known for small lots, choppy floor plans, with lots of construction from the 1990’s – 2010, especially zoned to not-top-ranked schools. Properties are still going under contract. How Is My Neighborhood Doing? Buyers Beware?

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Appraisal Today

MAY 24, 2024

The vendor works its magic (I would encourage anyone interested at this stage to visit the one identified vendor webpage ([link] and especially click the link to “Appraisals and Inspections” to see how the product can be used for the stated purpose). The average contract interest rate for 5/1 ARMs decreased to 6.48

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Appraisal Today

JANUARY 26, 2024

Personal Inspection I recently completed an appraisal on a residential dwelling for Lender A that sells loans to Fannie Mae and Freddie Mac and the report was completed on a GSE form. Lender B indicated there wasno need for me to re-inspect the home, since my previous inspection date was only a few days earlier. percent from 6.75

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Appraisal Today

NOVEMBER 17, 2023

Thorne, was best known for his use of steel in residential construction. Most modern homes are constructed on a hillside lot on a downslope or upslope, with the house clinging to the side,” Morris says. I would always finish the inspection and never be rude to them. The average contract interest rate for 5/1 ARMs decreased to 6.65

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Appraisal Today

OCTOBER 13, 2023

Though the hotel never came to be, the lobby, which appears to grow out from within the rocky overlook, was constructed. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.67 The average contract interest rate for 5/1 ARMs decreased to 6.33

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Appraisal Today

APRIL 28, 2023

You can always do desktops and inspections for low fees and fast turn times, of course. Its current owner, Dr. Wei-Tzuoh Chen, tapped Niles to construct the abode after buying the property back in 2003, The Wall Street Journal first reported. The average contract interest rate for 15-year fixed-rate mortgages increased to 6.03

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Listing Spark

DECEMBER 1, 2022

What kind of inspections should you consider getting before listing your home on the market. They’re gonna have a different type of construction level of upgrades. At the end of the day, especially on the seller’s side, you were gonna look at that contract. When can you expect the housing market to bounce back.

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Appraisal Today

NOVEMBER 20, 2022

Failures to personally inspect and photograph comparables. 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. But homes are more valuable than offices, retail, etc. What’s happening now. percent from 7.14

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The Robert Weiler Company

NOVEMBER 10, 2021

If you plan to buy commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. As you may remember, the young Jedi-to-be is seen inspecting with dismay his recently chartered flight, the Millennium Falcon, for a speedy trip to the planet Alderaan.

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Appraisal Today

JUNE 2, 2023

Solutions to Keep You Safe Make sure you have a complete signed purchase contract. In the appraisal, list how many pages of the contract you have in your possession (In case someone is hiding pages from you). The Glass Ladies were designed by Alon Zakoot and constructed over a period of seven years. percent from 6.69

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Appraisal Today

MAY 20, 2022

They ended up converting the assignment to a traditional type of appraisal so that I could just make the inspection myself. Fewer pending contracts (big news): We’ve seen a dip in pending contracts over the past few weeks, which speaks to shifting demand. The average contract interest rate for 5/1 ARMs decreased to 4.42

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Appraisal Today

MAY 5, 2023

Many appraisers have expressed that they will never sign a report they didn’t personally inspect. That is why at first it seems that the construction of living space within such premise is impossible. However, newly constructed homes account for a growing share of inventory, giving more options for prospective buyers.”

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