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An Overview of Two Common Property Appraisal Methods

East Coast Appraisal

Appraisals help buyers to get mortgage approval and avoid overpaying for their houses. Below are two common approaches to property appraisals. The sales comparison approach determines the house's value based on the prices of similar houses that others have recently sold in the area. Land value depends on: The location.

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Questions to Ask Your Commercial Real Estate Appraiser

Appraisal Hub

Are you looking to buy or sell any commercial property? It may be beneficial to hire a property appraiser to determine the best price for it. No matter the size or type of commercial property, an appraisal can help you understand the market to ensure that you can purchase or sell the asset at a reasonable and competitive price.

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Commercial Real Estate Appraisal: How to Reduce Commercial Property Taxes

Appraisal Hub

Appeal Your Property Assessment: Armed with a recent commercial appraisal, property owners can challenge the assessed value of their property. Regularly Review Property Assessments: Market conditions in Toronto are constantly evolving. Appraisal Hub Inc.

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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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The Indispensable Role of Real Estate Appraisals in Estate Planning

Boston Appraisal

Steering Long-Term Financial Planning With an accurate understanding of their inherited assets’ market value, beneficiaries are better positioned to make informed, long-term financial decisions, from investment opportunities to potential divestments. Additionally, consider their track record in estate planning specifically.

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6 Special Purpose Property Tips for Commercial Appraisal Reviewers

McKissock

Value in use” is the value of a property assuming a specific use, which may or may not be the property’s highest and best use on the effective date of the appraisal. Special design and configuration of the property aren’t the same as “value-in-use,” an accounting term signifying credit value from cash flows.

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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.