Housing Wire

AUGUST 3, 2023

Creating new content, whether in the form of text, photos, videos or computer code, is referred to as generative AI. AI models might not account for qualitative aspects like architectural uniqueness, interior design quality or the emotional appeal of a home. These are large language models (LLMs). What is next?

Real Estate Agent 370

Real Estate Agent Real Estate Agents Tools 370

Assurance Financial

APRIL 29, 2021

After the introductory period ends, the rate adjusts based on the market rate on a set schedule. The first number refers to the length of the introductory period, while the second is how often the rate can adjust. Fair Market Value. Fair market value is how much your home is likely to sell for if you put it on the market.

Mortgage 69

Mortgage Insurance Sellers Inspection 69

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.

Renovations 69

Renovations Finance Inspection Buyers 69

The Robert Weiler Company

OCTOBER 21, 2022

Some go one step further and fulfill strenuous education and experience requirements to become designated members of the Appraisal Institute. The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

AmeriMac

APRIL 30, 2024

The commercial appraisal report, generated by the appraiser, includes detailed information about the property’s characteristics, comparable sales data, and the final opinion of value. This report serves as a reference for buyers, sellers, lenders, and investors to make informed decisions regarding the property.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

D Fritz Appraisals

NOVEMBER 16, 2023

A home appraisal is a legal document that determines fair market value for a property. The appraisal process includes an inspection of the property and research of comparable properties in the local area by a qualified professional. Does the land have subdivision potential or is the home designated a heritage property?

Appraisal 104

Appraisal Legal Appraisal Process Inspection 104

Appraisal Today

OCTOBER 7, 2022

If it had a market value of $345k, it would have listed at $345k!”. The multistory home bucks convention, boasting an eccentric, inverted design. Good tables and explanations, with references to the Selling Guide. While agents can “puff” we cannot! AMCs are a significant issue for not only appraisers but for the consumer.

Appraisal 52

Appraisal Contracts Architecture Housing Market 52