Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property.

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Appraisal Real Estate Real Estate Agent Contracts 76

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. And homebuyers certainly don’t want to overpay and start off their ownership journey with negative equity.

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Birmingham Appraisal

FEBRUARY 20, 2024

It’s important to understand that collaboration does not mean that both parties must work together so that the deal closes at the contract price no matter what. While agents and appraisers cannot discuss value we can talk about the property and why they may have priced it at what they did.

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Lamacchia Realty

FEBRUARY 21, 2023

“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. It is not an appraisal and can’t be used in place of an appraisal.” -via

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Appraisal Today

SEPTEMBER 15, 2023

This typically happens when an appraiser turns in an appraisal with an appraised value opinion lower than the sale contract price. Properties sold due to a job relocation, estate settlement, foreclosure, or divorce may sell for less than market value. To read more, click here My comments: worth reading, or skimming.

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McKissock

OCTOBER 3, 2021

As part of our contributor series, Daniela Andreevska , content marketing director at Mashvisor , talks about investment property strategies. Mashvisor provides a real estate analytics tool that helps real estate investors quickly find traditional and Airbnb investment properties. .

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Cleveland Appraisal Blog

SEPTEMBER 3, 2021

We also use the MLS to analyze the market trends and to make market-based adjustments for things such as changes in sales prices, as well as features of a home that have a major impact on market value, like finished square footage, bedroom, and bathroom count, lot size and so on. Is My Home Appraisal Confidential?

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Appraisal Today

JANUARY 19, 2024

An example of this in real estate appraisal is the purchase and sale contract. When a property goes under contract, that is an excellent sign of what the buyer and seller conclude the property is worth. In and of itself, it is not market value. The average contract interest rate for 5/1 ARMs decreased to 6.14

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Rowe Appraisal Group

MAY 6, 2020

This blog post goes out to all the Realtors who have had a deal fall through because the appraised value was below the contract price. Some of you may even had multiple offers with most of them were even above the appraised value. Is the contract price above list price? Absolutely they are! Email him the offers.

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Rowe Appraisal Group

MAY 6, 2020

This blog post goes out to all the Realtors who have had a deal fall through because the appraised value was below the contract price. Some of you may even had multiple offers with most of them were even above the appraised value. Is the contract price above list price? Absolutely they are! Email him the offers.

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Appraisal Today

NOVEMBER 25, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Graphs and Trendlines, Market Value definition, appraisal forms, unusual homes, mortgage origination stats, etc. ==. Marketing with Holiday Gifts and Cards – An Easy, Excellent Marketing Tool! Not what you would expect!

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Appraisal Market Value Contracts Finance 52

McKissock

APRIL 23, 2021

Below, we’ve listed several newly-added tools available right now under the “Resources” tab in your McKissock Dashboard. The Market Value Does Not Support the Contract Price, Now What? Do you already have an Unlimited Learning Membership ? Not yet a member? Appraisal industry updates. recorded webinar).

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Portland Appraisal Blog

APRIL 14, 2019

All the work getting the property ready for listing, the extensive marketing, the numerous showings, the sometimes tedious offer evaluations has paid off. There has been a meeting of the minds, the contract has been signed and everyone is anticipating a smooth closing. Appraisers have a saying: one comp does not a market make.

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Appraisal Reconsideration of Value Agents Market Value 78

Listing Spark

FEBRUARY 9, 2023

A home appraisal is a process in which a licensed appraiser analyzes your property and determines the fair market value of your home. People typically use an appraisal to validate the value of a home or property for real estate transactions between buyers and sellers, or if homeowners are refinancing their mortgage.

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The Robert Weiler Company

APRIL 20, 2021

They are: (1) the asset-based approach; (2) the earning value approach; and (3) the market value approach. The key is to apply the optimal approach for each business, based on the business’s capital structure, management, prospective future earnings, and market value. The market value approach.

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Appraisal Partners Blog

NOVEMBER 27, 2019

An appraisal is a professional opinion of a home’s value that is completely unbiased. Generally speaking, an appraisal is used to decide if the properties contract price is entirely appropriate; taking into consideration the features, condition, and location of the home in question. What is a home appraisal?

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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.” The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 6.87 The average contract interest rate for 5/1 ARMs increased to 6.30

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AmeriMac

JANUARY 19, 2021

A low appraisal can cause the cancellation of sales contracts because a lender won’t approve mortgages higher than a home’s value. One more effective way to increase your home’s market value is to compare it with similar ones and highlight the benefits of your property.

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Listing Spark

AUGUST 2, 2021

If your home qualifies, Offerpad will have one of their “market experts” determine the market value and decide what Offerpad is willing to offer. They will then prepare a written offer using contracts that are normal to their respective market, along with several Offerpad addendums. Offer Calculation.

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PennyMac

JULY 20, 2021

Find an agent who really understands the different contracts you need and how to properly fill them out, the legal obligations you’ll run into, and the financial side of the business. If you’re selling a property, you’ll also want to make sure your agent is in-the-know on the latest and most effective marketing tactics in the industry.

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Listing Spark

MARCH 15, 2022

If the yard is full of toys, tools, or other items, it will be difficult for potential buyers to get a good idea of what the property could look like. Check out our home-seller checklist which will guide you through your home sale from pre-listing to contracts and closing. How to improve your appraised value. Love this list?

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Quicken Loans

MAY 18, 2021

In situations where the loan contract includes a due-on-sale clause , immediate repayment might be the only choice you have if you want to inherit the home without occupying it. If the house is being passed to heirs, they will have to pay taxes on the fair market value of the property out of the funds and assets in the estate.

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Lamacchia Realty

JUNE 21, 2022

That’s because fewer homes are being placed under contract. Along with comps and the Target Pricing Model, price brackets are a helpful tool to use when adjusting the price of your home. Real estate websites set up their property search tools with price brackets. One of the points they make is about price adjustments.

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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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