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What’s in a Sales Contract? Insights from a Seasoned Appraiser

McKissock

Looking at the sales contract early on allows the appraiser to identify any “subject to” items or other conditions that could influence the value conclusion. What is in the sales contract that an appraiser actually needs to see? What is an appraiser expected to analyze and give an opinion on?

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What Is Appraisal Review in Real Estate?

AmeriMac

An appraisal review is an evaluation of an appraisal that is carried out to determine the report’s accuracy and the appraiser’s thoroughness in valuing the property. Appraisal reviews are usually requested by financial institutions and attorneys who want to get a second opinion on an appraisal report.

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Navigating Property Division in Divorce: The Crucial Role of Appraisals

Boston Appraisal

Divorces are difficult and stressful processes that involve many legal and financial issues. One of the most important and complex aspects of divorce procedures is dividing the marital property, especially the family home. Appraisals are customized and tailored to the specific property and its features.

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The “Science” Behind Residential vs. Commercial Real Estate Appraisal

The Robert Weiler Company

And how does the real estate appraisal process work? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Residential vs. Commercial Property Appraisal and Their Differing Review Process. Description of the commercial property.

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26 Reasons to Get an Appraisal

Realvals

It can also occur when “the decedent owned property that is not arranged specifically to avoid probate.” ” ( source ) The only way to obtain legal ownership of the property is to go through the probate process. An appraisal is an essential part of this process.

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Must-Read Tips to Appraise, Buy, and Sell Special Purpose Property [2021]

The Robert Weiler Company

A Special Purpose Property Definition. Legally speaking, a special purpose property definition can be illustrated as any property that has limited use or marketability in addition to features intended for singular use. However, before you head over there, let’s talk about special purpose property appraisal.

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Appraising Fixer Uppers

Appraisal Today

For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.”