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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser. Question 1: What is a commercial real estate appraisal? All commercial real estate appraisers must follow a very strict code of ethics and rules.

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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

The solutions, ACE+ PDR (automated collateral evaluation plus property data report) by Freddie Mac and Value Acceptance + Property Data by Fannie Mae, were designed to increase efficiencies for all stakeholders and lower costs in comparison to traditional appraisals, while maintaining the high risk mitigation standards employed by the GSEs.

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Decoding a Commercial Appraisal: Insider Insights

AmeriMac

These appraisals provide an unbiased estimation of a property’s value, taking into account various factors such as location, condition, size, and recent sales of similar properties in the area. After the inspection, the appraiser analyzes the data and prepares an appraisal report.

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Mortgage Term Glossary

Assurance Financial

During an appraisal, a professional will evaluate your home’s condition, how much similar homes have sold for recently and the overall market to determine the value of your home. The appraisal can be more than the price of the house or it can be less. Assessed Value. Fair Market Value.

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How to prepare a comparative market analysis (CMA) report

Housing Wire

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. These details are more relevant and appropriate in an appraisal.

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Top Ten Reasons Why It Is Great to be an Appraiser!

Appraisal Today

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. What is happening in your market? MLS info can be unreliable.

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26 Reasons to Get an Appraisal

Realvals

An appraisal is an essential part of this process. An appraisal will provide you with the current market value of your real estate. This can help your attorney make informed decisions during property division negotiations. You’ll learn the current market value, and even valuable income info if requested.

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