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What is the Role of Market Trends in a Real Estate Appraisal?

Birmingham Appraisal

A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values. A real estate appraisal is a process of determining the market value of a property.

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The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. They had hired the former real estate professional to value their property for the purpose of a divorce. All three are market-based approaches.

Appraisal 302
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Non-Arms Length Sales for Appraisers

Appraisal Today

What Does Arm’s Length Mean in Real Estate? The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. Therefore, the final price may not reflect the market value of the property.

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The Real Estate Transaction: Part 1 - From the Eyes of the Buyer

Eppraisal

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. Each step will get you closer to a successful home closing. Part 1 of our next two posts will dissect the real estate transaction from the buyer's perspective.

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Using Equity To Buy A Second Home

D Fritz Appraisals

Home equity is like having money in the bank, but it’s tied up in your real estate. This article will discuss the definition of home equity and taking equity out of your home to buy another house in Canada. What Is Home Equity? Home equity is a homeowner’s financial stake in their property.

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Purchasing & Developing Land - Part 5 - Reselling It - Raw or Developed

Eppraisal

By contrast, a homebuilder acquires raw land to build on and sell when home values are high. How to Market Raw Land For those who see a profit in selling raw land to developers or other interested parties, getting the most money for the lot is attained through optimal marketing. A good lawyer will see them coming.

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That Zestimate is NOT Accurate

Lamacchia Realty

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. What exactly is a Zestimate?