Remove Contracts Remove Inventory Remove Modernization Remove Renovations
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Tools To Support Appraisal Adjustments

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on Geographic Data and Comps, effect of renovation on value, very low foreclosures now, current real estate market, unusual homes, mortgage origination stats, etc. = = $99.5M I’m always looking for something new = What Impact Do Renovations Have on Appraisal Value?

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Why Appraisal Workfiles Are Important

Appraisal Today

Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. Appraisers must consider regional economic conditions, inventory levels, and buyer sentiment when evaluating properties. It is also located in the Historic Preservation District, so any proposed renovations would have to be approved.”

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State Appraisal Boards – What Do They Look For?

Appraisal Today

One-Room Schoolhouse in New Role as an Adorable Tiny Home Excerpts: The recently renovated schoolhouse was built in 1860 to serve the farming community of Elizaville, NY—a hamlet in the towns of Clermont and Gallatin, which still had fewer than 2,000 residents as of 2022. The average contract interest rate for 5/1 ARMs increased to 5.56

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A Guide to Property Investment Software Realtors Need in 2024

Listing Spark

You’re an advisor, a guide who manages the negotiations and technical contract elements of a real estate transaction while helping your clients steer their own buying and selling strategies. Your Clients Demand Near-Real-Time Market Insights In Texas especially, markets are in flux, and there remains a severe shortage of inventory.

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Appraiser Countersues Alleged Discrimination

Appraisal Today

Despite the home’s age, it isn’t a money pit or desperate for a renovation. Everything has been fully modernized. However, the “mortgage lock-in” phenomenon—where homeowners are reluctant to sell after buying or refinancing at lower rates before 2022—could limit future sales and inventories. They did millions of dollars of work.”

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FHA: Cosmetic vs. MPR Repairs

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse.

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Appraising Historical Homes

Appraisal Today

acre lot A unique home with modern architectural features seldom seen in a suburban setting. This totally renovated 5 bedroom home is tucked in the woods on a secluded cul-de-sac. Purchase applications remained subdued as elevated rates continue to add to affordability challenges along with still-low existing housing inventory.