Appraisal Today

APRIL 7, 2023

AMCs Assuring that the appraiser has the correct contact information for an inspection is very important. There have been numerous instances in which I have not been able to get ahold of a contact for an inspection only to find out weeks later that the AMC gave me the wrong contact information. percent from 6.45 percent from 6.27

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The Robert Weiler Company

OCTOBER 15, 2021

retail and restaurant headquarters, but the Columbus, OH real estate and job markets have seen remarkable growth, too. Another mistake – perhaps one of the more obvious (and, consequently, most detrimental) mistakes – is contracting the commercial property for sale in your personal name. Welcome to our thriving community!

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Appraisal Today

DECEMBER 2, 2022

Counseling buyers, sellers, owners, and tenants on inspections and remediations, improvements, and the appraisal process. which can relate to valuation. He remembered me from Valuation 2000. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) decreased to 6.49

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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.

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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. Other risks include getting injured during an inspection, plus the risks we all have of a serious medical problem. The average contract interest rate for 15-year fixed-rate mortgages increased to 5.96

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Appraisal Today

APRIL 12, 2024

Desktop Appraisals: Who, When, and Why Excerpts: The ability to identify property characteristics without a personal inspection is not a new concept. The GSE databases are mostly built on conforming tract homes, and Zillow (and GSEs) computerized valuations don’t work well. In other words, every facet is meticulously orchestrated.

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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.

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Appraisal Today

MAY 26, 2023

Cosmetic repairs Examples MPR repairs Examples Conditions that require inspection Examples To read more, click here My comments: If you do FHA appraisals, read this blog post. I quit doing FHA appraisals in the mid-1980s because of the inspection requirements compared to conventional appraisals, that did not have the requirement.

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Easement Contracts Appraisal Inspection 52

Houston Properties

JANUARY 13, 2021

Get a free home valuation for your house and trends in your neighborhood. Properties are still going under contract. Based on last year’s sales data, the number of homes that have gone under contract is still consistent with figures prior to the coronavirus and the oil price crash. Remember: real estate is hyper-local!

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Housing Market Marketing Real Estate Realtors 68

Cleveland Appraisal Blog

MARCH 18, 2021

As a teenager, my friends would describe to me experiences they had in retail stores, in which they were watched uncomfortably closely by store clerks. When I made my inspection, I measured the property. Therefore, my opinion of value was in the mid-sixties, which was far below the contract price. WHAT SHOULD AN APPRAISER DO?

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Appraisal Today

MAY 12, 2023

Fannie Mae will end up creating more instability for the trillions in the bond market – investors will have to process millions of valuations with the physical attributes of the home collected by unlicensed, uninsured, and unprepared individuals getting paid $10-$25 per inspection. This is the future of GSE using appraisers.

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Appraisal Today

OCTOBER 6, 2023

As this property data collector thing moves along, there continues to be no legitimate reason for Fannie Mae’s motivation to push this so hard other than they want the valuation process fully automated and can pay $25 for an untrained inspector to view a home. Fannie Mae sees the appraisal process as “inspection + value.”

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Appraisal Contracts Real Estate Mortgage 78

Appraisal Today

OCTOBER 13, 2023

Revising the definition of personal inspection For purposes of clarification, the ASB revised the definition of personal inspection to read, in part: “(for an appraisal assignment) the appraiser’s in-person observation of the subject property performed as part of the scope of work…” There are three key elements to this definition.

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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. As you may remember, the young Jedi-to-be is seen inspecting with dismay his recently chartered flight, the Millennium Falcon, for a speedy trip to the planet Alderaan.

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Real Estate Retail Investing Tenants 78

Appraisal Today

FEBRUARY 2, 2024

A redesigned, dynamic URAR will replace the numerous and separate appraisal forms and can be used for different property types, such as two-to-four units, condominiums, and manufactured homes, and for different scopes of work, such as interior and exterior inspections, updates, and completion assignments. percent, with points increasing to 0.65

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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 average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.85 percent from 6.69

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Appraisal Today

MAY 5, 2023

Many appraisers have expressed that they will never sign a report they didn’t personally inspect. The Valuation of Condominiums, Cooperatives, and PUDs – Book Review. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.50 Limited competition.

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