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Developing a lending strategy for rising mortgage rates

Housing Wire

By October, the market value of Zoom exceeded that of Exxon-Mobile , reflecting the dichotomy of an intransigent society staying at home and working remote. The stock value of Zoom grew 650% during this one year as many other aspects of the economy slowed or shuttered as a result of the shutdown.

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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

The appraiser’s role is to provide arm’s length, third-party, neutral, and impartial opinions about the value of real property and provide assistance to those who own, manage, sell, invest in, or lend money on real estate. Value Scenarios. What is Market Value As Is and When is it Used?

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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Clarify What Value or Values are Needed.

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5 Benefits of Appraisal Services

Appraisal Hub

But to ensure that your property is sold for fair market value, you’ll need the guidance of a reliable appraisal company. Why you need appraisal services in Toronto: Find the Right Value for Your Property. Lending institutions typically require a certified appraisal, ensuring that your property is priced reasonably.

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Remove Predominant Price from New Forms

Appraiserblogs

The possible exception to this are highly dense urban developments where the new construction homes are cookie cutters, and the builder sells. Inappropriate Form Use Why oh why do appraisers who should know better do private assignment appraisal reports using the mortgage lending GSE forms?….

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The Housing Market Has Become Like the Pymatuning Spillway

Cleveland Appraisal Blog

Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price. When an appraiser’s opinion of value is below the contract price, that’s when the carping begins. Does this seem healthy to you?

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The Challenges of Appraising Multifamily Properties

Appraisal Buzz

This tactic uses the land’s price, plus the construction fees and minus depreciation. Essentially, you calculate each unit’s fair market rent based on other rentals located in the neighborhood. Then, you multiply your numbers by the Gross Rent Multiplier to arrive at the property’s fair market value.

Appraisal 397