2019

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My Brick Underground Podcast Interview: The Market Doesn't Care What You Think

Miller Samuel

That was the theme but my interview episode was called " the state of the market. ". The indispensable NYC web site Brick Underground has been doubling down on its podcast as of late and I was fortunate enough to be invited to speak about the state of the market. It was fun and hopefully, I conveyed some helpful insights to their listeners. You can subscribe to the Brick Underground Podcast feed here.

Marketing 369
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What is a comparable sale?

Annarbor Appraisal

What is a comparable sale? A sales package left for the appraiser is welcome. Most appraisers appreciate the agent’s insights into the sales they used as comparable choices when they priced the home for sale. This is particularly the case if the agent had some knowledge of pet odors or peculiarities with one of the sales that looked like an obvious choice.

Buyers 148
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Should Home Sellers Get an Appraisal Before Listing? Here’s Why It’ll Cost You

Realtor

William_Potter/iStock Even if you’re new to this whole selling-a-house thing, chances are good you’ve heard of a home appraisal. And if you know just a little about the process, you know that the appraisal—a value put on your home by an objective third-party expert—can make or break your home sale. So with so much riding on this step of the home-selling process, you might be wondering: What does it hurt to go ahead and get an appraisal before you list?

Sellers 111
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Home Inspections vs Home Appraisals

D Fritz Appraisals

What’s the Difference Between a Home Inspection and a Home Appraisal? If you’re in the market for a new home, the terms “home appraisal” and “home inspection” are more than likely to come up at some point as you zero in on a property you want to buy. Upon acceptance of your offer, the next steps are usually: home inspection – a voluntary third-party service ordered by the buyer, and. home appraisal – an often mandatory step the buyer’s lender insists on.

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One Way to Lower Your Property Taxes

Appraisal Partners Blog

When you own your own home, you are subject to all of the costs that come with that. One of those that can be a considerable burden is property taxes. You’ll be hard-pressed to find someone who isn’t looking for a way to drive down the cost of those pesky taxes. That is where a property tax appeal can be your best friend. In fact, it might just be one the only way you can truly bring down the costs. .

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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

Perhaps you’ve heard the murmurs about an automated appraisal. There are big changes coming to appraisals, and they’ll have a huge impact on how the mortgage industry does business. Today, we’re breaking down some of the new developments in appraisals, what they mean for your business, and tips to help you prepare. I keep hearing about the automated appraisal.

More Trending

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What is a Hybrid Appraisal?

Robinson Appraisal Group

A hybrid appraisal is a valuation completed by a Licensed/Certified appraiser that is very similar to a desktop appraisal. It is a shorter appraisal form than the traditional appraisal and is performed by an appraiser who typically never visits the property. However, a hybrid appraisal includes an exterior observation of the property, sometimes including an interior inspection by a third-party: this third party inspection could be done by a real estate agent, a property inspector or even another

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Estate Appraisals in Massachusetts: Everything You Need to Know

Boston Appraisal

When a family member passes away, his or her relatives can be overwhelmed quickly. Not only are they grieving, but they must also take care of the legal obligations and paperwork necessary to settle the deceased’s estate. And because real estate properties are usually the most significant financial asset of the deceased, establishing their fair market value is a priority.

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Getting Appraisers to Reconsider Value—Do’s & Don’ts

Portland Appraisal Blog

You’re a real estate agent and after a lot of back-and-forth, give-and-take, offers and counteroffers, you’ve helped your client negotiate a sweet price for their home. All the work getting the property ready for listing, the extensive marketing, the numerous showings, the sometimes tedious offer evaluations has paid off. There has been a meeting of the minds, the contract has been signed and everyone is anticipating a smooth closing.

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Spring Is Upon Us! A look At The Seasons Of Residential Real Estate

Padove Appraisal Service

The spring real estate market is quickly approaching. This can be good news for both buyers and sellers. The summer months typically bring higher sale prices to sellers. It also brings a better selection of homes to buyers. To illustrate seasonal variances, I will use statistics from Montgomery County, PA. I reside in Montgomery County and complete many house appraisals in this county.

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BREAKING The New York State AMC Law Is Now In Effect

Miller Samuel

Back on April 19th , I wrote about the New York AMC law in my Housing Notes newsletter. After years of AMCs chipping away at the public trust, the New York AMC law was designed to protect the consumer. The bill summary was: Relates to the registration of real estate appraisal management companies or an individual or business entity that provides appraisal management services to creditors or to secondary mortgage market participants including affiliates by the department of state.

Law 367
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Why price per square foot is not the appraisers choice

Annarbor Appraisal

Often, buyers and sellers are under the impression that it is simple to price a house by its square footage. Nothing is further from the truth, unless of course, all the comparable properties considered are within a couple square feet of each other and have the same quality and condition and are in the same immediate neighborhood with no variation in the value of the site.

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Find Out What Really Happens When You Waive Contingencies to Score a Home

Realtor

Monopoly: Hasbro Concept: Greg Chow In a white-hot market, you may feel pressure to make some concessions to win over a seller—and, no, we’re not talking about sending a basket of banana-nut muffins. When you make an offer on a home, it’s standard to throw in some contingencies —telling the seller that if the home isn’t up to snuff for a variety of reasons, you have the right to walk away from the deal—with all of your cash in hand.

HOA 108
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Purchasing an Income Property

D Fritz Appraisals

Appraising Your Home to Access Capital for Purchasing an Income Property. How to get the best appraised value possible out of your current home to help you purchase an income property. Own your own home and thinking about buying another? Excellent idea! Purchasing a secondary property to use as an income property or rental property is a smart investment and is often more possible than you’d think, especially if you have capital or home equity building up in your existing property.

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Why Should You Get A Pre-Listing Appraisal?

Appraisal Partners Blog

When you’re selling your home, one of the most egregious mistakes you can make is failing to accurately estimate your home’s worth. While it’s absolutely essential to make sure your home looks inviting in images on your realtor’s website or sites like Zillow, and important that prospective buyers can see it as a blank canvas for them to project their own sense of style onto… arguably nothing is more important than a listing price which is appealing yet fair.

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The Automated Appraisal: Tips for a Changing Appraisal Environment

Genworth MI Blog

Perhaps you’ve heard the murmurs about an automated appraisal. There are big changes coming to appraisals, and they’ll have a huge impact on how the mortgage industry does business. Today, we’re breaking down some of the new developments in appraisals, what they mean for your business, and tips to help you prepare. I keep hearing about the automated appraisal.

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Buying a Home? Plan for These Hidden Costs

Zillow

You're excited because you just found the perfect home. The neighborhood is great, the house is charming and the price is right. But the asking price is just the beginning. Be prepared for additional - and often unexpected - home-buying costs that can catch buyers unaware and quickly leave you underwater on your new home. Expect the unexpected. For almost every person who buys a home, the spending doesn't stop with the down payment.

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Get the quality appraisal you need

Robinson Appraisal Group

Here at Robinson Appraisal Group, we will give you an accurate and detailed report on the quality and value of your home. We offer competitive pricing and electronic ordering and delivery to make life a bit easier for you as well. We have decades of experience in the field and the owner, Kenneth Robinson has won many awards and has a vast knowledge in both Fannie Mae and HUD guidelines.

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Divorce Appraisals in Massachusetts: Answering Settlement Process Questions

Boston Appraisal

Even in the best-case scenario, divorce is a difficult and emotional time for any couple. Besides child custody, deciding the fate of the family home is often one of the major issues and sources of conflict. Not only is there an emotional attachment to the family home, but it is usually the most significant shared asset and the result of years of financial investment for both parties.

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Minnesota Real Estate Appraisal Services Nominated in Two Categories in Annual Readers Poll

MN Real Estate Services

Minnesota Real Estate Services has been nominated as one of the area’s top 3 “Best Appraisal Companies” and also in the top 3 for the “Best Commercial Valuation” in the annual readers poll conducted jointly by the readers of Minnesota Lawyer and also Finance and Commerce. Actual top place winners will be announced on September 26th.

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Market Overview: Montgomery County, PA

Padove Appraisal Service

We’ve all seen recent news articles about the slumping residential real estate market. These articles mostly reflect national trends. Real estate is very local, so let’s take a look closer to home. I have chosen to focus on Montgomery County, PA, an area I work heavily in. The first thing I will examine is the volume of current listings. This will help show us where the market is at.

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Billionaires Row Continues to be Challenged

Miller Samuel

It's been no secret that super luxury Manhattan sales have been the hardest hit segment of the market since 2014. The slowdown is related to the oversupply of new development created from the vast amounts of capital looking for a home since the financial crisis. Perhaps the most famous representation of the super-luxury market has been "Billionaires Row" centered on 57th Street in the heart of Manhattan's central business district in Midtown Manhattan.

Contracts 243
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Probate – proceed with caution

Annarbor Appraisal

Probate can be a complicated process for the personal representative, who likely only handles this type of situation once or twice in a lifetime. For some people, such as the attorney, or the agent who handles many estate related sales, the process makes sense. To the individual tasked with being the representative however, they likely only have a cursory understanding of the process.

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Tempted To Waive Contingencies to Score a Home? Watch Out for These Dangerous Repercussions

Realtor

Monopoly: Hasbro Concept: Greg Chow In a white-hot market, you may feel pressure to make some concessions to win over a seller—and, no, we’re not talking about sending a basket of banana-nut muffins. When you make an offer on a home, it’s standard to throw in some contingencies —telling the seller that if the home isn’t up to snuff for a variety of reasons, you have the right to walk away from the deal—with all of your cash in hand.

HOA 78
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Get to Know your Home Appraisal Company

D Fritz Appraisals

What to Look for in a Home Appraisal Company. Looking for a Home Appraisal Company in Victoria, BC? Here’s a Quick Guide to Help You Decide Who to Hire. If you own your own home, there are four main reasons why you might be looking to hire a property appraisal company instead of going through the banks: you are planning on selling your property and want to know how much it’s worth; you are looking into refinancing your home and want an idea of its current value; you need to start dividing assets

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Why You Need A Home Apprasial Even If Paying Fully In Cash

Appraisal Partners Blog

What is a home appraisal? An appraisal is a professional opinion of a home’s value that is completely unbiased. Generally speaking, an appraisal is used to decide if the properties contract price is entirely appropriate; taking into consideration the features, condition, and location of the home in question. Why do I need one as a cash buyer? Purchasing a property is a rollercoaster of highs and lows!

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Disagreeing with the Appraiser: Tips for Staying Compliant While Making Your Case

Genworth MI Blog

This article first appeared in the June issue of National Mortgage Professional Magazine. . The home appraisal has been requested…the waiting begins. As a lender, many questions race through your mind; “Will the property condition be acceptable? Will repairs be needed? Will the appraiser give credit for all the upgrades in the home? Is the appraiser familiar with the neighborhood?

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Don't Believe These 5 Myths About Real Estate Agents

Zillow

Buyers and sellers often enter the market with misconceptions about real estate agents - how they work, how the process works and what the agency relationship is all about. It’s helpful to point out, without getting too far into the weeds, that in any one real estate transaction, there are most likely two agents: one for the buyer and one for the seller.

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Divorce Appraisals

Anthem Valuation

When going through the process of a divorce, you need a well-supported, expert appraisal that will stand up in court. We work with attorneys to ease the process and get the appraisal documents completed in a timely manner. In many cases a retroactive appraisal with an effective date and Fair Market Value estimate matching the date of the divorce. We have the expertise and professionalism to work with everyone involved and are ready to assist with your needs.

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Missing: Invoice For Appraisal Services

The People's Appraisal Blog

Typically when you sell a service, you include an invoice to the buyer or consumer for the services you provided. This invoice lays out the products sold, the quantities, and services provided as well as the price or fee charged. The invoice is a vital part of any business. It is an official document that businesses use to show the terms of the agreement, it specifies the buyer of the product or services, and it documents the terms of payment.

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Real Estate Appraisal Services Offered…

MN Real Estate Services

Minnesota Real Estate Appraisal Services , based in Roseville, Mn offers residential, commercial, industrial and land and development appraisals. They recently shared a press release outlining their real estate appraisal services. The range of appraisal work that they often encounter include the following: office buildings, corporate and industrial buildings, heavy and light industrial buildings, manufacturing facilities, office/warehouse, parks, office/shop, public and private projects, hotels/

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Mokena, Frankfort, Tinley, Oak Forest & New Lenox price trends!

Advanced Appraisal

July 2019 Chicago and South Suburban Appraisal Blog

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Here's What A Manhattan Commute With "Vertical Travel" Looks Like For Ken Griffin

Miller Samuel

As coined in a Bloomberg article about hedge funder Ken Griffin's $238 million condo purchase in Manhattan, a " vertical travel " is something many New Yorkers do every day - I've just never heard it described that way (following bold is my emphasis). Citadel has signed a lease to anchor a skyscraper at 425 Park Avenue, eight-tenths of a mile from Griffin’s new apartment, not including vertical travel.

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The 3 Types of Builders: Tract, Spec and Custom

Hood Homes Blog

Updated 9/23/2019; Originally published 10/6/17. Takeaways. Understanding what kind of builder you are working with will allow you to get the most from your home purchase. The Three Types. There are three business models that define most residential home builders: tract, spec, and custom. Each of these models offers different benefits and drawbacks for new construction homebuyers to consider.