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New Suspicious Law in CA

Appraiserblogs

Newsom This law requires a purchase agreement in a real estate transaction to inform a seller and buyer of the opportunity to report, through the Department of Consumer Affairs’ internet website or telephone number, any suspicion of a discriminatory appraisal by the holder of a real estate appraiser license.

Law 111
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What is the Difference Between Assessed Value and Market Value?

Lamacchia Realty

WHAT IS THE DIFFERENCE BETWEEN ASSESSED VALUE AND MARKET VALUE? Two terms that often come up when buying or selling property are assessed value and market value. While these terms may seem similar, they actually represent two different values that can affect the pricing of a property.

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Window to the Law: Ensuring Impartial Appraisals

National Association of Realtors

Real estate transactions rely on an objective appraisal to determine a home’s market value, but evidence suggests there’s potential for racial bias in the appraisal process.

Law 74
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‘Abandoned’ Bay Area land will be developed into housing

Housing Wire

Newsom signed the bill into law on July 27. Department of Housing and Urban Development to acquire federal land in the Las Vegas metropolitan area at a per-acre rate well below the land’s market value with the intention of developing it into additional housing units.

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HousingWire Annual: CoreLogic says climate change should be factored into financial analytics

Housing Wire

For example, if a property is exposed to high climate risk, its market value may decline. Started in March 2022, the SEC proposal seeks to amend disclosure law to better account for climate risk among public companies. This may give investors pause as to whether a particular real estate investment is a sound one.

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Loosening The Knot

Appraisal Buzz

While it’s true that we must consider the empirical evidence, like chemists in a lab, we are not able to rely on natural laws, neatly organizing the component parts on the periodic table. The representative price of this hypothetical interaction (the product of the synthesis) is known as market value.

Sellers 379
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Date of Death Appraisal

Empire Appraisal Group

A date of death appraisal, also known as a “valuation as of the date of death” is a type of real estate or personal property appraisal that determines the fair market value of assets as of the date a person passed away. Valuation Date : The valuation date is critical in these appraisals.