AmeriMac

APRIL 30, 2023

Read on to find out more, and ensure you get the best value for your home. A home appraisal is a professional valuation analysis of a property, which is usually conducted by a certified or licensed appraiser hired by the lender during the home purchase or refinancing process. What is a Home Appraisal?

Appraisal 36

Appraisal Valuation Appraisal Process Renovations 36

PennyMac

OCTOBER 10, 2023

A home appraisal is an unbiased report on the value of your home performed by a trained and state-licensed individual. Appraisals are an essential part of the home financing process, ensuring the homebuyer, seller and mortgage lender each have an impartial, consistent and accurate assessment of the value of the property under consideration.

Appraisal 69

Appraisal Real Estate Agent Renovations Home Value 69

AmeriMac

APRIL 15, 2024

A home appraisal is a professional estimate of a home’s value and plays a crucial role in determining the market value of the property. Understanding Home Appraisals A home appraisal is an official estimate of the fair market value of a home conducted by a licensed and impartial professional appraiser.

Appraisal 36

Appraisal Appraisal Process Real Estate Renovations 36

Property Metrics

AUGUST 13, 2020

Macroeconomic risk refers to how broad, national level economic activity impacts property cash flows and valuation. These factors also cause property valuation to increase. These factors all result in lower property valuations. A liquid asset is one that can be sold immediately at market value. Interest Rate Risk.

Real Estate 53

Real Estate Tenants Investing Construction 53

Realvals

JUNE 18, 2023

This helps them determine the loan-to-value ratio and assess the risk associated with financing the property. An appraisal can assist you in determining the value of real estate, personal items, and business interests. Appraisers provide unbiased valuations that may help reduce any potential conflicts among beneficiaries.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

Cleveland Appraisal Blog

NOVEMBER 11, 2021

One big one is their Zestimate’s inaccuracy at predicting market value, and more specifically, they were relying on their own Zestimates to make important decisions like buying & selling homes. However, I believe that they’ve put too much value in their “values” Valuation is not their expertise.

Market Value 364

Market Value Valuation Appraisal Real Estate 364

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Clarify What Value or Values are Needed.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Simonson Real Estate

JULY 10, 2020

New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc. Value Scenarios. What is Market Value As Is and When is it Used? The estimate of the market value of real property in its current physical condition, use, and zoning as of the appraisal date.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

Cleveland Appraisal Blog

MARCH 30, 2021

So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area. Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Housing Wire

APRIL 25, 2022

We’re in uncharted territory,” said Joan Youngman, who chairs the department of valuation and taxation at the Lincoln Institute. “No Minority homeowners are paying more for public services relative to the market value of their homes, the researchers wrote, a dynamic the researchers demonstrated in all but a handful of states.

Property Taxes 404

Property Taxes Government Appraisal Valuation 404

Lifestyle Properties of Maine

AUGUST 6, 2019

“An appraisal is a licensed appraiser's opinion of a home's market value based on comparable recent sales of homes in the neighborhood.” An appraisal is seeking value. Following the accepted contract is the period for completing due diligence this could include inspections, securing financing, etc.

Real Estate 28

Real Estate Appraisal Inspection Contracts 28

Realtor

DECEMBER 15, 2016

If all goes well, the home’s appraised value will end up at the price you’d agreed to pay. But the home appraiser could also report that the home valuation is higher—or lower—and this has ramifications for the whole deal. But never fear. Appraisers aren’t perfect,” says Parsons. They make mistakes.”

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

If all goes well, the home’s appraised value will end up at the price you’d agreed to pay. But the home appraiser could also report that the home valuation is higher—or lower—and this has ramifications for the whole deal. But never fear. Appraisers aren’t perfect,” says Parsons. They make mistakes.”

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

The Robert Weiler Company

JULY 6, 2021

They have usually been constructed over 20 years ago and require renovation at this point. An investor can either put money in through value-add projects to update the building or seek residential and mixed-use conversion options. Class A properties sell themselves, and Class B and C’s can be renovated to cater to a target market.

Logistics 147

Logistics Tenants Real Estate Modernization 147