Contracts Inventory Market Value Modernization 
Appraisal Today
JULY 1, 2023
Highest and Best Use vs. Market Value By Timothy Andersen, MAI Excerpts: There are numerous definitions of market value. But what stands out are the first seven words of Fannie’s definition: “[m]arket value is the most probable price…,” (emphasis added) a definition that places value firmly on the pedestal of sales price.
Clear Capital
MARCH 24, 2023
An appraisal gap is the difference between what a buyer agreed to pay for a home in a purchase contract and what an appraiser concludes as the fair market value of the property. Buying a home is not for the faint of heart, especially when inventory is so low and affordability is a challenge.
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Appraisal Today
JANUARY 5, 2024
Modern Montauk NY ‘Tree House’ Offers Sweeping Oceanfront Views for $7.5M It’s known as the “Modern Montauk Tree House,” the listing notes. 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. Excerpts: 4 Bedrooms, 4.5
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.” FHA Handbook 4000.1 Lee Miller. percent from 13.3
Appraisal Today
MAY 17, 2024
Click here = Appraisals for estates and trusts The most popular non-lender appraisals Topics include: Estate/trust liability advice Use the IRS definition of Fair Market Value What forms to use? Date of value – be sure you use the correct date(s) What information do you have on the condition of the subject? percent from 7.18
Appraisal Today
JUNE 17, 2022
NOTE: Please scroll down to read the other topics in this long blog post on real estate market, USPAP and contracts, unusual homes, mortgage origination stats, etc. ==. My Comments on Market Changes. Real estate market? ==. Excerpts: the 14,500-square-foot modern home where almost every room offers an excellent view.
Appraisal Today
FEBRUARY 16, 2024
So, don’t say something open ended like: “the intended use is to provide a fair market value of the property.” acre lot A unique home with modern architectural features seldom seen in a suburban setting. from 0.59 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.
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