McKissock

JANUARY 14, 2022

The standard appraisal report’s definition of market value refers to “typical buyers,” most of whom would become acutely aware of such odors right at the door, and when it’s significant will either walk away or discount their offering price. An intense dog odor permeated the house.

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Appraisal Tenants Inspection Market Value 77

AmeriMac

JANUARY 28, 2021

An appraisal is a perfect way to determine your home’s fair market value. It is the main reason homeowners get an appraisal before putting their house on the market. As a buyer, your main objective is to ensure that the appraisal reflects your home’s value without artificial inflation. It entails; 1.

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Appraisal Inspection Market Value Buyers 36

AmeriMac

JANUARY 28, 2021

An appraisal is a perfect way to determine your home’s fair market value. It is the main reason homeowners get an appraisal before putting their house on the market. As a buyer, your main objective is to ensure that the appraisal reflects your home’s value without artificial inflation. It entails; 1.

Appraisal 36

Appraisal Inspection Market Value Buyers 36

Boston Appraisal

APRIL 22, 2019

Even in the rare event that the spouses agree on the value of the family home, a judge will most likely demand a licensed real estate appraiser to determine its fair market value. The appraiser is a third-party that can offer an unbiased opinion of value. What is the process for a divorce appraisal?

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Appraisal Market Value Real Estate Inspection 78

AmeriMac

JANUARY 15, 2024

A home appraiser is a qualified professional who evaluates the value of a property. They consider various factors such as the property’s size, condition, location, and comparable sales data to determine its market value. The appraisal process involves a meticulous inspection of the property to determine its key elements.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

AmeriMac

JANUARY 28, 2021

An appraisal is a perfect way to determine your home’s fair market value. It is the main reason homeowners get an appraisal before putting their house on the market. As a buyer, your main objective is to ensure that the appraisal reflects your home’s value without artificial inflation. It entails; 1.

Appraisal 28

Appraisal Inspection Market Value Buyers 28

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

Dart Appraisal

APRIL 9, 2021

The answer to that question is referred to as the HBU of the property. While it is typically true that a commercial appraisal will cost somewhat more than a residential appraisal, it is a wise investment to have an appraisal that truly reflects market value and expectations.

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Valuation Legal Clients Appraisal 68

The Robert Weiler Company

OCTOBER 21, 2022

The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. Question 6: What is the overall commercial real estate appraisal process?

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Real Estate Appraisal Property Appraisal Valuation 60

Chicagoland Appraisal Blog

MAY 13, 2021

Like any other investment, you want to know its value with some reliable degree of accuracy. A home appraisal is an unbiased opinion of a home or property’s value. Real estate professionals or other appraisal experts can help you determine the market value of your home. What Is the Home Appraisal Process?

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Appraisal Renovations Home Value Real Estate 88

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.

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Renovations Finance Inspection Buyers 69

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.

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Appraisal Appraisal Process Valuation Real Estate 36

Appraisal Buzz

JULY 18, 2022

This transfer of negotiating power has already begun with many buyers now being able to elect contingencies such as inspection and/or appraisal – each of which was difficult to include in a competitive offer as recently as 1-2 months ago. The post Market Correction or Seller Panic? 1] [link]. [2] 2] [link]. [3]

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Sellers Marketing Market Value Home Value 435

PennyMac

OCTOBER 10, 2023

For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property. They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report.

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Appraisal Real Estate Agent Renovations Home Value 69

Property Metrics

AUGUST 13, 2020

Macroeconomic risk refers to how broad, national level economic activity impacts property cash flows and valuation. A liquid asset is one that can be sold immediately at market value. If an owner had to sell a piece of real estate by the end of the day, chances are that it would be for a price far below market value.

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Real Estate Tenants Investing Construction 53

McKissock

FEBRUARY 21, 2021

Specifically referring to things like the time and cost to maintain the property, as well as any taxes and levies that might come with it. Of course, the type, location and value of the property can contribute to the previously-spoken of headache.

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Real Estate Agent Property Taxes Real Estate Legal 56

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.” Some people confuse a real estate appraisal with a home inspection. An inspection an investigation of a home by a licensed inspector. An appraisal is seeking value.

Real Estate 28

Real Estate Appraisal Inspection Contracts 28

Raleigh Realty

AUGUST 27, 2021

When you are referred to a certain agent, it is still a good idea to conduct your own interviews with this person to make sure they are actually a good fit before signing an agency agreement. Inspection - Why do we conduct a home inspection once you have made an offer on a home?

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Real Estate Agent HOA Agents Real Estate 78

Quicken Loans

JUNE 3, 2021

After a homeowner accepts an offer, the iBuyer will set up and pay for a home inspection. The home buyer is responsible for scheduling and paying for an inspection and appraisal of the property. iBuyers insist that these calculations provide them with fair market values of homes. iBuying FAQs. What Does iBuyer Stand For?

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Sellers Buyers Agents Real Estate Agent 55

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. What is an Appraisal, and Who Pays for it?

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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!”. Good tables and explanations, with references to the Selling Guide. Other risks include getting injured during an inspection, plus the risks we all have of a serious medical problem. While agents can “puff” we cannot! To read more, click here.

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Appraisal Contracts Architecture Housing Market 52

Birmingham Appraisal

MAY 2, 2023

A retrospective appraisal is an appraisal that is performed on a property with an effective date that has occurred before the actual date of the inspection. This type of appraisal is often used for estate and tax purposes, as it can help establish the market value of a property at a prior point in time.

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Appraisal Market Value Inspection Real Estate 52

Appraisal Today

OCTOBER 6, 2023

All Advisory Opinions, Frequently Asked Questions and the recently launched Reference Manual will now be part of a standalone publication called the 2024 USPAP Guidance and Reference Manual. You can also purchase a linked digital version of the eUSPAP and Guidance and Reference Manual and get seamless access across both documents.

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Appraisal Contracts Real Estate Mortgage 76

Walitt Solutions

SEPTEMBER 5, 2019

I referred my client to the 2018-2019 USPAP Advisory Opinion 3 “Update of a Prior Appraisal”, but I am still having trouble getting them to understand that this is a New Assignment. Remember that a value opinion can be communicated as a single-point number, a range, or relative to another figure.).

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AmeriMac

FEBRUARY 25, 2021

In this way, FHA can determine the selected properties’ market value, thus finding out whether the house is worth financing or not. FHA loans refer to mortgages insured and offered by the Federal Housing Administration. Instead, you may: Request the seller to lower the price of the home to match market values.

Appraisal 36

Appraisal Insurance Appraisal Process Market Value 36

AmeriMac

FEBRUARY 25, 2021

In this way, FHA can determine the selected properties’ market value, thus finding out whether the house is worth financing or not. FHA loans refer to mortgages insured and offered by the Federal Housing Administration. Instead, you may: Request the seller to lower the price of the home to match market values.

Appraisal 36

Appraisal Insurance Appraisal Process Market Value 36

AmeriMac

FEBRUARY 25, 2021

In this way, FHA can determine the selected properties’ market value, thus finding out whether the house is worth financing or not. FHA loans refer to mortgages insured and offered by the Federal Housing Administration. Instead, you may: Request the seller to lower the price of the home to match market values.

Appraisal 28

Appraisal Insurance Appraisal Process Market Value 28

McKissock

APRIL 23, 2021

Many excellent resources for real estate appraisers exist online, from educational websites to reference materials and market trend data. 5 Tips for Preparing for an Inspection of a Luxury Home (infographic). Appraising a luxury home can be stressful, so preparation is important before commencing with a luxury home inspection.

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Appraisal Inspection Real Estate Business 89

Assurance Financial

APRIL 29, 2021

The acronym “DTI” refers to your debt-to-income ratio and compares the amount of debt you have to your monthly income. If the house doesn’t pass inspection or the sale doesn’t go through due to an allowable contingency, the buyer gets the EMD back. FMV (Fair Market Value). LTV (Loan-to-Value).

Mortgage 74

Mortgage HOA Insurance Real Estate Agent 74