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The Value of Words in Valuation

Appraisal Buzz

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. When reading contracts, words will always have their ordinary meaning unless defined otherwise. adjective.

Valuation 360
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What Do Appraisers Look For in a Sales Contract?

Appraisal Today

What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? That’s the real reason why—because USPAP says so. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 6.45 percent from 6.48

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Ohio Land for Sale: Is the Market Still Ripe for Growth in 2022?

The Robert Weiler Company

On the other hand, the average prices for office buildings, hotels, and retail malls declined in 2021. Land sales for the office and retail markets increased by 3% in 2021. Overall, residential land sales accounted for 59% of the total land sales and 4% of all residential real estate sales in 2021. Momentum in this true U.S.

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

Eppraisal

Owning raw land has real potential along with its share of pitfalls. Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition. Motivation will determine the price paid for your land.

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Appraising Unusual Properties

Appraisal Today

As a side note, after much ado — the real property Standard 1 has only one word change in five years.) The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) remained unchanged at 7.31 The average contract interest rate for 5/1 ARMs decreased to 6.48

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

When I started in this business long ago, there was no such thing as a licensed appraiser or a certified real property appraiser. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.31 The average contract interest rate for 5/1 ARMs decreased to 6.42

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Strange Properties Appraisers Have Seen

Appraisal Today

This satisfies the affordable housing element,” Al Salguero, real property division manager at the Orange County Assessor’s Office, told the publication. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.90 percent from 7.70 percent from 7.56