Remove Inspection Remove Property Taxes Remove Renovations Remove Sellers
article thumbnail

Commercial Appraisal: Understanding the Basics

AmeriMac

Factors like market conditions, property conditions, income stream, comparable sales, and income potential are considered. Commercial appraisals are relied upon by property owners, buyers, sellers, investors, and lenders to make informed decisions. The property inspection is a crucial step in the commercial appraisal process.

article thumbnail

Is Your “Crazy” Neighbor Lowering Your Home’s Value?

Cleveland Appraisal Blog

Second, when searching for sales that are similar to the property being appraised, I’ve never read agent comments in the Multiple Listing Service (MLS) that state, “This home’s list price is being reduced by ten percent because the neighbors are difficult and crazy.”. Sellers want to capitalize on how much they can sell their homes for.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mastering How to Order a Home Appraisal Quickly

AmeriMac

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. Some lenders, such as Fannie Mae, even allow for a property inspection waiver (PIW) in certain cases, making the appraisal process even quicker.

article thumbnail

The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

With everything from securing a loan to dealing with the home inspection, a home buyer has a lot to handle. Your gross income is the income before taxes. Consider Property Taxes When you pay for your home, you'll need to pay other fees like property taxes and insurance. You'll need to do some renovations.

article thumbnail

3 Things to Do When Your Neighbors List Their Home for Sale

Zillow

Have a property line dispute? While sellers in most states have a duty to disclose issues to potential buyers , not all areas require this. Do your new neighbor-to-be a favor and alert the seller’s agent to anything the buyer needs to know about your neighbor’s property. See things differently.

article thumbnail

The Pros and Cons of Buying a House

PennyMac

Mortgage interest and property taxes may be tax deductible. Property taxes and HOA fees are the buyer’s responsibility. May be required to allow landlord access to home for inspections. You Pay Property Taxes. Requires upfront costs for down payment, closing fees, etc. in your area.

article thumbnail

Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

Generally, a commercial real estate appraisal is an unbiased valuation assessment to help you determine the value of a commercial property. The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. You may need a commercial valuation for many reasons.