McKissock
DECEMBER 14, 2021
Free Download: Ready to launch your appraisal career? So, this is a pretend sale between a typically motivated buyer and a seller. We need to explore who the most likely market participants might be. So, it’s that darned old market that determines what the market value is.
Quicken Loans
JUNE 3, 2021
You may already be aware of iBuyers and what they have to offer prospective home buyers and sellers. But for those who want to understand what all the hoopla is about and what it entails for buyers, sellers and agents alike, here’s what you should know. Offerpad will even pay for professional movers when sellers relocate locally.
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Cornerstone
APRIL 30, 2021
Download the infographic here. It’s an ideal time for sellers to take advantage. Sellers who may have been reluctant to list in the past few years are now considering it. Increasing prices also indicate increasing home values, allowing a seller to tap into thousands of dollars in equity gains.
McKissock
AUGUST 13, 2021
Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion. Maybe looking at the sales contract only after developing the appraiser’s opinion of value would help avoid the above concern? Questions we should ask ourselves.
McKissock
JANUARY 31, 2023
.” “The definition of market value.” ” “How value is derived.” ” “Why the price per square foot is not an indicator of value.” ” “That cost does not equal value on homes, and picking comparable sales just to hit contract prices is unethical.
Birmingham Appraisal
JANUARY 25, 2023
In this article, I would like to illustrate how a price per square foot adjustment can be calculated from recent sales so that a list price can be based on market data rather than a vague guess. You can check out a prior post I wrote to see how appraisers reconcile a final value within their appraisal report.
Assurance Financial
DECEMBER 20, 2021
In a traditional home sale, the seller lists the house for a price that will cover the following costs: The mortgage’s remaining costs. After taking care of the above expenses, whatever amount is left over is the seller’s profit. As a result, the seller no longer has that mortgage. Traditional Home Sale.
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