Appraisal Today

DECEMBER 8, 2023

When to Get Property Appraised When Someone Dies? Excerpts: An appraisal can be useful in several ways. Sometimes the value of the asset is unknown, and an appraisal can help a family make decisions about the future. Constructed from adobe and stucco in 1981, this luxe earthship is known as the Desert Flower.

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

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Appraisal Contracts Real Estate Mortgage 52

The Robert Weiler Company

NOVEMBER 9, 2022

billion of new commercial real estate construction contracts in 2021. DSW, Bath & Body Works, Wendy’s International, Victoria’s Secret, and Intel (under construction). DSW, Bath & Body Works, Wendy’s International, Victoria’s Secret, and Intel (under construction). Central Ohio had over $5.8

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Transportation Real Estate Supply Chain Investing 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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Appraisal Today

SEPTEMBER 22, 2023

Most of the inspection training we receive as appraisers happens in the field. When I started in this business long ago, there was no such thing as a licensed appraiser or a certified real property appraiser. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 7.08

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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. percent from 6.40

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Appraisal Bracketing Contracts Valuation 52

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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McKissock

SEPTEMBER 10, 2020

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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Appraisal Valuation Real Estate Design 54

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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Real Estate Appraisal Appraisal Process Inspection 78

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

AmeriMac

JANUARY 19, 2021

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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Appraisal Real Estate Agent Market Value Real Estate 36

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. percent from 7.58

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Appraisal Modernization Training Business 70

Appraisal Buzz

MAY 24, 2021

Because appraisals are contingencies in 43% of contracts , you must find ways to accurately evaluate these properties. These properties are not for owner occupancy. This tactic uses the land’s price, plus the construction fees and minus depreciation. However, things aren’t always as straightforward as they seem.

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Appraisal Today

APRIL 28, 2023

First: How do appraisers value any amenity of a property? Appraisal 101 would suggest the matched pairs analysis. So our first task is to find a property with solar panels that’s similar to the subject. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.41

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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