Appraisal Today

APRIL 12, 2024

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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AmeriMac

DECEMBER 15, 2021

It’s important to understand that appraisals are ultimately designed to protect buyers from significantly overpaying for the home in question. The first appraisal was conducted immediately after Fannie Mae took over ownership of the property, and the second appraisal was done after another buyer went under contract for the home.

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AmeriMac

DECEMBER 15, 2021

It’s important to understand that appraisals are ultimately designed to protect buyers from significantly overpaying for the home in question. The first appraisal was conducted immediately after Fannie Mae took over ownership of the property, and the second appraisal was done after another buyer went under contract for the home.

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Appraisal Today

FEBRUARY 9, 2024

also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” I looked like a real estate agent.

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Appraisal Today

JANUARY 20, 2023

Chance to really irritate annoying real estate salespeople. Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. What is happening in your market? MLS info can be unreliable.

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Appraisal Today

JANUARY 27, 2023

Popular topics include how to market to attorneys and get referrals from real estate agents. Estate/trust appraisals, the most popular for residential appraisers, are included. The design of the 10-bedroom house is the brainchild of its art historian homeowners, along with U.S. But the star attraction?

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Appraisal Today

OCTOBER 6, 2023

Perhaps that’s by design, in this case, to make the results more compelling. The market area that the property is located in can definitely support the price but does the price truly reflect the market value of that specific property or does it reflect what a super motivated buyer with available funds is willing to pay?

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Appraisal Today

OCTOBER 7, 2022

While agents can “puff” we cannot! If it had a market value of $345k, it would have listed at $345k!”. The multistory home bucks convention, boasting an eccentric, inverted design. We look at trends in sales, pendings, listings, days on market, expired, number of offers, etc. Lenders, real estate agents, etc.

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The Robert Weiler Company

OCTOBER 21, 2022

Some go one step further and fulfill strenuous education and experience requirements to become designated members of the Appraisal Institute. All commercial real estate appraisers must follow a very strict code of ethics and rules. In short, a commercial property appraisal determines the fair market value of your property.

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Appraisal Today

APRIL 14, 2023

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Browse the following resources designed to help you avoid common appraisal errors and violations. Here are two: 1. percent from 6.40

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Clear Capital

SEPTEMBER 29, 2021

Following up on lots of the stories that have been out there in the media about potential purchase appraisal bias pertaining to race and ethnicity, Freddie Mac kicked off a study of whether minorities are more likely to receive an appraisal value that’s lower than the contract price during purchase transactions. Kenon Chen.

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Will Springer Realtor

OCTOBER 11, 2022

The local single-family market is riding a similar up-and-down wave, depending on the area. Seattle experienced a 32% (1031) monthly increase in new listings but a 15% (558) decline in homes going under contract, as median prices fell 2.9% ($900,000) since August and remain 5.9% We are still seeing stunning homes come on the market.

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