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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser. Question 1: What is a commercial real estate appraisal? Question 5: Why are commercial property appraisals important?

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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

” “The amount of knowledge, continued education and diligence it truly takes to provide an excellent work product for the property appraisal.” ” “There is a lot of research and number crunching to do, so asking for a value at time of inspection is a no go.” ” “How value is derived.”

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Home Appraisal Cost, Uses, & What to Expect in 2023

Listing Spark

Here’s all you need to know about home appraisals! What is a home appraisal? A home appraisal is a process in which a licensed appraiser analyzes your property and determines the fair market value of your home. What should a home seller provide to an appraiser?

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6 Special Purpose Property Tips for Commercial Appraisal Reviewers

McKissock

The Dictionary of Real Estate Appraisal, 6th Edition defines intangible property as “nonphysical assets, including but not limited to franchises, trademarks, patents, copyrights, goodwill, equities, securities, and contracts as distinguished from physical assets such as facilities and equipment.”

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Appraisals – Check the Water Source!

Appraisal Today

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.” My Comments on Market Changes. USPAP and the Contract.

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How to Contest a Bad Appraisal

AmeriMac

Now, if you’re refinancing your house, you’ll want the appraisal to be as high as possible. However, one thing homebuyers sometimes encounter is a low appraisal. A low appraisal can cause the cancellation of sales contracts because a lender won’t approve mortgages higher than a home’s value.

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What Is Appraisal Review in Real Estate?

AmeriMac

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.