Property Metrics

MAY 28, 2021

The real estate term for this type of risk is “obsolescence” and there are three types that CRE investors should be aware of. Functional Obsolescence is the impairment of a real property’s functional capacity due to changes in market tastes and/or standards. Functional Obsolescence.

Real Estate 50

Real Estate Tenants Modernization Renovations 50

Empire Appraisal Group

AUGUST 12, 2021

Appraisers use three approaches to develop an opinion of the value of a home: The sales comparison approach looks at the subject property against similar, nearby recently sold properties. The cost approach considers the value of the site and the estimated cost to replace the subject dwelling, less depreciation.

Sellers 78

Sellers Appraisal Development Buyers 78

Boston Appraisal

JUNE 24, 2019

As a result, the real estate industry is progressively adopting ecology-minded trends, resulting in the gradual emergence of green buildings (both commercial and residential) across the country. Property owners are often surprised when the time comes to estimate the fair market value of their green building.

Appraisal 78

Appraisal Real Estate Market Value Technology 78

Appraisal Today

APRIL 2, 2023

Technical specifications – for all stakeholders, but especially for organizations that will develop the new appraisal report (e.g., lenders and appraisers) to begin understanding the future state and start their development process. URAR examples for various property types. URAR examples for various property types.

Contracts 52

Contracts Appraisal HOA Architecture 52

Valuation Nation

AUGUST 2, 2021

As the author of these blogs is an appraiser, and this deals with the largest real property valuation organization in the country, I thought it may be apropos to style this blog after an appraisal review. Introduction: The purpose of the appraisal review is to develop an opinion of quality for the referenced appraisal report (blog).

Appraisal 40

Appraisal Design Development Legal 40

Appraisal Today

SEPTEMBER 9, 2022

Maintain USPAP compliance – Confirm the ROV request came from your client, either directly or through the client’s AMC, acting as an agent for the client, or other party designated as an agent by the client. Excerpts: What does the appraiser do with the three different values that may be developed? But not one at a time.

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52