Remove Landlords Remove Market Value Remove Mortgage Remove Real Property
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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. Under fee simple ownership, a property owner may occupy the property and have the right to sell, lease, mortgage, or give an interest away.

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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

Under fee simple ownership, a property owner may occupy the property and also has the right to sell, lease, mortgage or give an interest away. Examples: Owner occupied properties don’t have a lease in place and so the property is appraised based on market rents. Clarify What Value or Values are Needed.

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Creativity, AI Help Boost Fraud Risk in Real Estate

Will Springer Realtor

The “owners” want to urgently sell the property – often below the true market value – simply to move the sale along quickly and reap the financial reward. Deepfake technology can even impersonate real estate agents, landlords, lenders or consumers. They are also creative at diverting mortgage payoffs.