Genworth MI Blog

JUNE 27, 2019

Since appraisers are imperfect and operating in markets with imperfections, it is appropriate for mortgage lenders to ask legitimate questions of the appraiser and present additional appropriate information for the appraiser’s consideration, when needed. Market value has some key elements that we must understand.

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Appraisal Tips Appraisal Law Market Value 78

AmeriMac

APRIL 30, 2024

The appraisal serves as a critical factor in determining the loan amount or investment potential, ensuring that the transaction aligns with fair market value. It begins with an inspection of the subject property, where the licensed commercial real estate appraiser assesses the condition, size, and features of the property.

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Appraisal Appraisal Process Valuation Real Estate 36

Appraisal Today

JANUARY 5, 2024

Arouse the suspicion of an entire neighborhood when inspecting comparable sales. Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. Chance to really irritate annoying real estate salespeople.

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Appraisal Contracts Legal Business 74

Lamacchia Realty

AUGUST 12, 2021

Fixer-uppers tend to be popular among real estate investors as well as first-time homebuyers as they present an opportunity to buy below market value. By making updates, the buyer is able to meet or exceed current market standards and build equity in their property faster.

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Renovations Finance Inspection Buyers 69

Housing Wire

OCTOBER 10, 2023

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. If your CMA is put together in haste with irrelevant information, it will not be a helpful tool for anyone and may reflect poorly on you as the agent presenting it.

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Marketing Real Estate Agent Clients Tools 403

The Robert Weiler Company

MAY 18, 2022

Though, keep in mind that commercial real estate doesn’t always sell at market value. Hand-in-hand with de-cluttering comes the need for a professional, staged presentation. Manage any invasive brush and noxious weeds that exist, especially on the route or around any other attractions that may be present on the property.

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Real Estate Tenants Retail Investing 148

Realvals

JUNE 18, 2023

An appraisal will provide you with the current market value of your real estate. In some cases, if you and your spouse cannot reach an agreement on the value of your shared property, a court may require a professional appraisal. You’ll learn the current market value, and even valuable income info if requested.

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Appraisal Property Taxes Real Estate Market Value 145

Appraisal Today

APRIL 14, 2023

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” Browse the following resources designed to help you avoid common appraisal errors and violations. Here are two: 1. Diversify!!

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Appraisal Bracketing Contracts Valuation 52

Birmingham Appraisal

MAY 2, 2023

A retrospective appraisal is an appraisal that is performed on a property with an effective date that has occurred before the actual date of the inspection. This type of appraisal is often used for estate and tax purposes, as it can help establish the market value of a property at a prior point in time.

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Appraisal Market Value Inspection Real Estate 52

Assurance Financial

NOVEMBER 9, 2021

In most cases, any situation that decreases a buyer’s urgency to buy and increases a seller’s urgency to sell will generate a buyer’s market. That’s why it’s beneficial to hire someone to conduct a pre-inspection of the house so you can pinpoint and fix any problems before listing the property.

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Marketing Sellers Buyers Real Estate 36

Clear Capital

SEPTEMBER 29, 2021

And, it really helps buyers I think, represent the best of who they are, even if they’re not in the same financial position as folks out there, they can present differently, such as all cash. The home inspection took longer. So we’re interested in learning a little bit more about that. Thanks for being on the show.

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Sellers Agents Real Estate Buyers 69