The Robert Weiler Company

SEPTEMBER 16, 2021

The goal of a real estate valuation is to pinpoint the price and value of a property. The product of the real estate valuation – the commercial appraisal report – establishes the property’s value at a specific point in time. In addition, there are four main methods for calculating a commercial real estate valuation.

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Boston Appraisal

DECEMBER 11, 2023

If you are buying or selling a property, or refinancing your home, you may encounter a real estate appraiser who will appraise your property based on its condition, features, location, and market trends and provide an appraisal valuation. The appraisal process is important for homeowners, buyers and sellers.

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Dart Appraisal

APRIL 30, 2021

Once the party or parties have signed the engagement letter or indicated acceptance of an appraisal order, the letter or correspondence to an appraiser serves as a contract. Planned renovations? It is essential to utilize qualified and trained individuals for all valuations. What is interest in the property to be valued? .

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Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Low Appraisals: When the appraised value of a property is lower than the contract price , it can cause problems.

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D Fritz Appraisals

MARCH 16, 2021

Be Prepared for an Appraisal for a Positive Impact on Your Home’s Valuation. It takes the home itself, the neighbourhood and the available historical data into account to determine the most accurate valuation. Things like cracked tiles, broken fixtures or an outdated countertop can add up to thousands less in your home valuation.

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Appraisal Today

APRIL 26, 2024

What should appraisers look for in a sales contract? In the 1930’s, appraisers (then known as valuators) were instructed to follow a rating system. Appraisers/Valuators were tasked with gauging the level of “protection” against these adverse influences or assessing the associated “risk” they posed. … built in 2000.

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Appraisal Today

APRIL 5, 2024

Lanham, 20/20 Valuations, and loanDepot.com, U.S. They alleged that the appraiser had taken into account their race in his valuation of their home in violation of the federal Fair Housing Act and other laws prohibiting discrimination. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA decreased to 6.74

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Appraisal Today

MAY 26, 2023

A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse. Some appraisers feel that lenders should not provide them with the purchase and sale contract. Then that contract does not serve to color, cloud, or otherwise bias a value opinion. We all know this is true.

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McKissock

DECEMBER 4, 2020

Experience as a contract review appraiser quickly revealed when appraisal research was lacking. Gentrification and renovations are rapidly increasing values. ” “The Central Texas market is experiencing a shortage in housing supply and I’ve seen a smaller portion of my valuations reaching the sales price.

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The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. Note: A commercial property valuation is considered the equivalent of an appraisal, and the words are sometimes used interchangeably. You may need a commercial valuation for many reasons.

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AmeriMac

JULY 25, 2022

Home negotiations can be deadlocked because of the valuation differences of a property by both prospects and homeowners. The seller wants to max out the estimate based on the growing inflation and number of renovations made, while the buyer wants the best deal in the market even as home affordability worsens. What Is an Appraisal?

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Aedis Appraisals

JANUARY 12, 2018

Precise estimates of renovation and improvement values. Valuation of vacant lots and land. Commercial entity valuations. Tax disputes and valuations. Adjustments to past valuations. Income-based evaluations for revenue-generating structures. Vacancy rate analyses. Depreciation reports. Business loans.

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Realtor

DECEMBER 15, 2016

But the home appraiser could also report that the home valuation is higher—or lower—and this has ramifications for the whole deal. To do a home appraisal, an appraiser considers these main criteria: location, structural condition, additions or renovations, and recent sales of comparable homes, or comparable sales. But never fear.

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Realtor

DECEMBER 15, 2016

But the home appraiser could also report that the home valuation is higher—or lower—and this has ramifications for the whole deal. To do a home appraisal, an appraiser considers these main criteria: location, structural condition, additions or renovations, and recent sales of comparable homes, or comparable sales. But never fear.

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Appraisal Today

SEPTEMBER 29, 2023

These millions of properties across the US represent a significant subset of the larger real-estate market which has not adequately priced the cost of climate risk into its valuation. The unrealized climate-corrected valuation gap represents a growing climate bubble which is just starting to be recognized and quantified.

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Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. This totally renovated 5 bedroom home is tucked in the woods on a secluded cul-de-sac. baths, 2,973 sq.ft., built in 1971, 0.34

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Appraisal Today

APRIL 7, 2023

He was planning to renovate it and stay in it, but he had to relocate.” Becoming a Go-to Appraiser for Realtors during a Confusing Time in the Industry Real estate agents and appraisers are taught different methods of valuation both in qualifying and continuing education as well as in the field. percent from 6.45 percent from 6.27

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Appraisal Today

DECEMBER 2, 2022

which can relate to valuation. Built in 1961 (renovated in 2006 by architect Hal Hayes), 3 bedrooms, 2 baths, 2100 sq.ft. 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 They provide CMAs, etc.,

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Appraisal Today

JANUARY 4, 2023

I only put dollar adjustments in my appraisals if it is critical to the valuation, such as a view. My comments: I have no idea why so many homeowners are building new castle homes or renovating them all over the country! The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 6.45

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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. Construction risk applies whether there is a new development or a significant renovation.

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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. Renovating your kitchen, bathroom, or bedrooms. The appraisal itself is essentially your appraiser’s valuation opinion. But the good news is you can challenge a bad appraisal.

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The People's Appraisal Blog

MAY 3, 2018

In this example of client pressure, a subject property appraised for $180k; the contract was for $225k. All five were renovated like the subject and the sale across the street was an almost perfect match to the subject; it sold for $180k a month prior. No one cares until it’s too late and THEN want to cry wolf.

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Lifestyle Properties of Maine

AUGUST 6, 2019

What if the home doesn’t appraise for the contract value? The main reason an appraisal is necessary in a real estate transaction is that the lender requires a valuation of the property they are loaning money on so they are not overpaying out for the property. Renegotiate the contract. What is an appraisal?

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AmeriMac

FEBRUARY 18, 2021

In turn, they can make sure they are drafting the ideal contract with the buyer. Ultimately renovating your home allows you to amplify your home’s worth. See our Appraisal Ordering Process page to learn more about this subject and how we incorporate our values and high standards into each valuation.

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AmeriMac

FEBRUARY 18, 2021

In turn, they can make sure they are drafting the ideal contract with the buyer. Ultimately renovating your home allows you to amplify your home’s worth. See our Appraisal Ordering Process page to learn more about this subject and how we incorporate our values and high standards into each valuation.

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AmeriMac

FEBRUARY 18, 2021

In turn, they can make sure they are drafting the ideal contract with the buyer. Ultimately renovating your home allows you to amplify your home’s worth. See our Appraisal Ordering Process page to learn more about this subject and how we incorporate our values and high standards into each valuation.

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Housing Wire

OCTOBER 24, 2022

If anyone knows of anywhere that could be a good fit with my 20+years in maintenance/renovation leadership in multi-family, single family, or senior living, please pass my name along. Roofstock raised in March 2022 about $240 million in Series E funding, led by SoftBank Vision Fund 2 , which brought its total valuation to $1.94

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Houston Properties

JANUARY 13, 2021

Get a free home valuation for your house and trends in your neighborhood. We also believe that there’s going to be strong appreciation for homes with the following characteristics: New / recently renovated to look “like HGTV;”. Properties are still going under contract. Remember: real estate is hyper-local!

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Will Springer Realtor

DECEMBER 13, 2022

In his estimate: “Homebuilding’s going to contract.”. Everyone is sort of on pause,” Katie Parsons, a Seattle-based managing director in valuations for commercial real estate firm JLL, told The Seattle Times. Homes go under contract in a median 20 days, up an additional 11 days from only a month earlier. Return to Top.

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