The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. Note: A commercial property valuation is considered the equivalent of an appraisal, and the words are sometimes used interchangeably. You may need a commercial valuation for many reasons.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Today

JUNE 9, 2023

Quality refers to the quality of items, materials, and construction. The appraisal industry mirrors this transformation, with real estate appraisers navigating new territories in their valuation assignments. This implies recognizing that valuation is a multifaceted process. Worth reading. percent from 6.91 percent from 6.78

Appraisal 52

Appraisal Advertising Real Estate Contracts 52

Appraisal Today

OCTOBER 20, 2023

Note: This update does not apply to newly constructed manufactured homes because these items must be present on all new units. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.70 The average contract interest rate for 5/1 ARMs increased to 6.52

Appraisal 72

Appraisal Design Contracts Inspection 72

Appraisal Today

FEBRUARY 24, 2023

Modern and contemporary styles still have a stronghold on new construction, but as we found, they have spawned many offshoots, each of which has bloomed into a distinct aesthetic in its own right. They also fail to note the size of these under-valuations. As an appraiser I support fair, unbiased appraisal practices and valuations.

Appraisal 52

Appraisal Architecture Valuation Business 52

Property Metrics

AUGUST 13, 2020

Macroeconomic risk refers to how broad, national level economic activity impacts property cash flows and valuation. These factors also cause property valuation to increase. These factors all result in lower property valuations. What is a prime location for office and retail space today may be empty 20 years from now.

Real Estate 53

Real Estate Tenants Investing Construction 53

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. Our opinions are sought for work as varied as bankruptcy, estate, charitable contributions, pre-listing, before-and-after valuation, among other reasons. Worth reading.

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

Appraisal Today

NOVEMBER 4, 2022

It ruled that the lender did not owe the borrower a legal duty to assure that the independent appraiser’s valuation was correct. Both over- and under-valuation keep individuals, families, and neighborhoods from building wealth through homeownership. The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.37

Reconsideration of Value 52

Reconsideration of Value Appraisal Inspection Advertising 52

Appraisal Today

FEBRUARY 23, 2024

A local lender gave me an appraisal assignment on the proposed construction of 7 units in the city. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.06 The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.91

Appraisal 68

Appraisal Real Estate Contracts Reconsideration of Value 68

Appraisal Today

MAY 19, 2023

The home was essentially hand-built from scratch, and it took two years to construct,” says listing agent Damian Hall, of Blackstream International Real Estate. My first appraisal job was updating data records for an assessor’s office, converting to computerized valuation in the mid-1970s. Nothing wrong with that. percent from 6.48

Appraisal 52

Appraisal Business Contracts Real Estate 52

Appraisal Today

APRIL 12, 2024

Retrospective appraisals, drive-by (exterior inspection) appraisals, and valuations from plans and specifications, are all valuation assignments where an appraiser develops an appraisal opinion without personally inspecting the property. I was lucky to have never had to use new construction as a comp on an existing home.

Appraisal 78

Appraisal Construction Contracts Architecture 78

Appraisal Today

AUGUST 26, 2022

Can I use the cost approach as the primary method of valuation?”. In fact, Fannie Mae will not purchase a mortgage on a property if the cost approach is the primary or only method of valuation used. But, I always use the Cost Approach for new construction to determine the financial feasibility of custom homes. Answer: No!

Appraisal 52

Appraisal Business Contracts Advertising 52

Appraisal Today

JUNE 10, 2022

Here we consider how these “frictions” will behave as appraisal demand has dropped, just as each of the five forces have found ways to reduce or “eliminate” the need for valuation expertise. Construction started in 2001 and took three years to complete with two bedrooms, 2 bathrooms, and a swimming pool. percent from 5.33

Appraisal 52

Appraisal Contracts Business Mortgage 52

Appraisal Today

OCTOBER 7, 2022

The eight percent who cite other valuation methods most often explained that they use a hybrid approach or mostly an exterior appraisal. Excerpts: One of a kind architecture, Bonita Domes has been recently built to code, constructed in the Cal Earth technique of Super Adobe. To read more click here. percent from 6.52 percent from 6.01

Appraisal 52

Appraisal Contracts Architecture Housing Market 52

Appraisal Today

JULY 8, 2022

Excerpts: Built sometime in the late 19th century, a Victorian-era row house was constructed on St. By Peter Christensen, Founder of Valuation Legal. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) decreased to 5.74 Half House in Toronto. Video – 30 minutes.

Appraisal 52

Appraisal Property Taxes Contracts Mortgage 52

Appraisal Today

SEPTEMBER 15, 2023

At the same time, concrete finishes merge various construction techniques and artisan approaches that give the feeling of carved stones, whose volumes and shapes vary, but always integrated harmoniously in these habitable sculptures. My comment: Another way to increase affordable homes and allow easier new ADU construction.

Appraisal 83

Appraisal Real Estate Agent Contracts Real Estate 83

The Robert Weiler Company

SEPTEMBER 16, 2021

The goal of a real estate valuation is to pinpoint the price and value of a property. It could take the form of mixed-use real estate, an apartment building, office building, shopping center or retail building, industrial property for sale, and more. Cost of construction and materials. Floor plans. Neighborhood and location.

Real Estate 147

Real Estate Appraisal Property Appraisal Valuation 147

Appraisal Hub

FEBRUARY 15, 2024

Real estate appraisal, whether residential or commercial, is a critical component in the valuation of property assets. 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.

Real Estate 78

Real Estate Appraisal Appraisal Process Inspection 78

Houston Properties

JANUARY 13, 2021

Get a free home valuation for your house and trends in your neighborhood. 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. How Is My Neighborhood Doing?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. In my city of 78,000 population, there are over 10,000 buildings constructed prior to 1930, including many classic Victorians.

Appraisal 81

Appraisal Contracts Training Architecture 81

Appraisal Today

MAY 26, 2023

Some appraisers feel that lenders should not provide them with the purchase and sale contract. Then that contract does not serve to color, cloud, or otherwise bias a value opinion. Appraisers analyze the purchase and sale contract to amass and verify data to have detailed data to use in the analytics of future assignments.

Easement 52

Easement Contracts Appraisal Inspection 52

Appraisal Today

AUGUST 13, 2023

High-end construction with luxe touches throughout, vaulted ceilings elevate the space. Guest Residence was built in 2001 with quality wood frame construction, smooth stucco exterior siding, and clay roof. In valuation we can either go out further in distance for comps or go back in time in the immediate neighborhood.

Appraisal 75

Appraisal Contracts Real Estate Agent Mortgage 75

Appraisal Today

FEBRUARY 9, 2024

His law practice is dedicated to valuation issues. single-family homes for sale in the fourth quarter were new construction. Construction also jumped during the pandemic as builders responded to surging homebuyer demand fueled by record-low mortgage rates. Are you getting too many ad-only emails? Nationwide, 31.8%

Appraisal 81

Appraisal Contracts Insurance Construction 81

Appraisal Today

NOVEMBER 10, 2023

Originally constructed in 1973, an 1100 ht.sq.ft. Additions may be constructed, outbuildings added, and zoning regulations updated. To read more, click here My comment: The valuation/appraisal part of the article is near the end. The average contract interest rate for 15-year fixed-rate mortgages decreased to 6.98

Appraisal 63

Appraisal Contracts Design Mortgage 63

Appraisal Today

DECEMBER 15, 2023

In terms of the total valuations (including waivers) the GSEs have processed in the last 12 months, PDCs have made up between 0.17 With the pivot towards new construction gaining steam, development patterns for single-family homes, in particular, should be closely tracked. The average contract interest rate for 5/1 ARMs decreased to 6.47

Appraisal 78

Appraisal Contracts Business Mortgage 78

Appraisal Today

DECEMBER 23, 2022

Modern valuation progress requires three things: 1) a clear definition of “what is a comp?” Added Fratantoni: “The latest data on the housing market show that homebuilders are pulling back the pace of new construction in response to low levels of traffic, and we expect this weakness in demand will persist in 2023, as the U.S.

Appraisal 52

Appraisal Contracts Mortgage Modernization 52

Appraisal Today

JANUARY 4, 2023

I only put dollar adjustments in my appraisals if it is critical to the valuation, such as a view. He’s a construction guy, and it’s a legitimate castle with lots of features that are medieval in nature, but it’s a newer construction property,” says listing agent Will Frederick, with Keller Williams Realty Services.

Appraisal 52

Appraisal Contracts Business Development 52

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. To read more, click here My comments : Location within a school district can be an important valuation factor. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 7.40

Appraisal 81

Appraisal Law Contracts Business 81

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. Swimming in Success: Restaurant and Retail Rental Space. new construction pipeline of nearby buildings. If it seems as if you’re over-leveraged you won’t get the loan.

Real Estate 78

Real Estate Retail Investing Tenants 78

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

Appraisal 52

Appraisal Contracts Real Estate Agent Sellers 52

Appraisal Today

MAY 5, 2023

The Valuation of Condominiums, Cooperatives, and PUDs – Book Review. 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.” Limited competition. On my bookshelf.

Appraisal 52

Appraisal Contracts Architecture Law 52