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Off-the-grid deals: Distressed property trends and market insights

Housing Wire

“It’s oddly enough in states where people are leaving,” said Florida-based real estate investor Paul Lizell of the markets where he is more focused on acquiring investment properties in 2024. It’s very, very market dependent right now. I’m still focusing on those markets with very low (retail) inventory.

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Applying the concept of social media networks to property valuation

Housing Wire

An automated valuation model (AVM) provides an estimate of market value for a subject property at a specific point in time. To determine a value for the subject property, the most common AVM method is the use the prices of comparable properties that were recently sold. Greater Similarity…Stronger Connection.

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Savvy real estate agents look beyond ChatGPT

Housing Wire

Geoff Hinton, a professor at the University of Toronto, and two students, constructed a viable neural network. It is trained on text data and learns to identify patterns from that data to generate human-like text responses. ChatGPT uses neural networks to learn from experience.

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Desktop Appraisals: Who, When, and Why

Appraisal Today

Home equity lines of credit (HELOCs): When homeowners apply for HELOCs, lenders may request desktop appraisals to ascertain the property’s value and determine the credit limit without requiring a full appraisal. Managing Investments: For investors who own multiple properties, desktop appraisals provide rapid updates on property values.

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How to Find a Real Estate Appraisal Mentor

McKissock

Sometimes they fear that the newcomer, once fully trained, will become a competitor. Older appraisers will often want to keep the business alive, and thus will be glad to train a successor. Or you were a home inspector and/or are familiar with construction, major components, and mechanicals. Prepping for the national exam?

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Appraising Green Buildings: Do Solar Panels Add Value to the Property?

Boston Appraisal

Green buildings are defined as properties that use renewable energy and efficient building materials in their operation, construction, and design to create positive impacts on human and environmental health. Property owners are often surprised when the time comes to estimate the fair market value of their green building.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

How Home Appraisers Decide on the Value of Your Property. There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market.

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