Appraisal Hub

JANUARY 24, 2022

If you’re getting a property appraisal in Toronto, you may be wondering about the process. Why did a neighbouring house get a higher appraisal? The key to a successful and accurate property appraisal is to work with experienced appraisers in Toronto. Request the lender to hire a qualified appraiser.

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Boston Appraisal

JULY 6, 2023

Property disputes can come in many forms: from squabbles between neighbors about boundary lines to legal battles in a divorce proceeding over shared assets. In these situations, a property appraisal can be an indispensable tool in the lawyer’s arsenal.

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Appraiserblogs

MARCH 17, 2021

Bill A5185 and AMC Bill A5146 introduced to the state legislature in New Jersey show just how much state legislators don’t understand the appraisal profession. Valuation Legal warned us about this back in December: Appraiser and AMC Laws to Include Prohibitions Against Discrimination. From Bill A5185: 2. 45:14F-27 et al.)

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Boston Appraisal

MARCH 18, 2024

In legal disputes, the accurate valuation of real estate can be pivotal, making real estate appraisers key expert witnesses. Their specialized knowledge and objective analysis provide crucial evidence that can shed light on complex issues, shape legal strategies, and underpin strong case arguments.

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Appraisal Hub

JANUARY 11, 2021

After all, every commercial property is different in terms of value, supply, demand, size, location, and other qualities that may affect valuation. So if you are considering a commercial real estate appraisal in Toronto, be sure to have it done by an experienced property appraiser. What it’s all about.

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Appraisal Buzz

AUGUST 1, 2022

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. Standard 2 is the specific standard that addresses the reporting of appraisals. i] [link]. [ii]

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The Robert Weiler Company

SEPTEMBER 30, 2020

It isn’t clear who owns the appraised property. Too much time has elapsed between the CRE appraisal and the loan. City or federally owned property is being evaluated. The physical, legal, or economic descriptions of the property are in question. Use Cases for a Commercial Appraisal Review.

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Cleveland Appraisal Blog

JULY 6, 2022

The 2021-2022 edition of USPAP defines a “Personal Inspection” of a property being appraised as follows: “A physical observation performed to assist in identifying relevant property characteristics in a valuation service.” It took me hours to measure the improvements on the property.

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Valuation Review

NOVEMBER 8, 2021

This is in conjunction with policies established by The Appraisal Foundation’s Appraisal Standards Board and the Appraiser Qualifications Board.

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The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time to schedule a free consultation with a commercial property appraiser.

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D Fritz Appraisals

JANUARY 8, 2022

Seeing how useful aerial photography has been in creating real estate listings, real estate appraisers are now also beginning to see the value in adding drone technology to their toolkits. . This new perspective often helps real estate professionals show the property from a new perspective, making the most of its surroundings.

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The Robert Weiler Company

APRIL 20, 2021

Have you watched shows such as Shark Tank or The Profit and wondered how Kevin O’Leary or Marcus Lemonis calculate business valuation? That’s why we surveyed our business valuation experts, captured the 12 most frequently asked questions, and provided answers that can offer the guidance you need. So, how are businesses valued?

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AmeriMac

JULY 25, 2022

Home negotiations can be deadlocked because of the valuation differences of a property by both prospects and homeowners. This is why home appraisals are advised to ensure property costing is as fair as possible. What Is an Appraisal? What Is Appraisal Review? Resolves Legal Conflict.

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Appraisal Today

JUNE 23, 2023

From determining asset values for financial reporting to assisting with investment analysis, property disputes, tax planning, and mortgage financing, appraisers offer a wealth of knowledge and data that accountants can rely on for accurate and informed decision-making.

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Boston Appraisal

OCTOBER 27, 2023

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 Robert Weiler Company

OCTOBER 15, 2021

Tip #5: Hire a professional Ohio real estate appraiser to assess the Columbus, Ohio commercial property for sale before signing. In addition to hiring an attorney, assemble a team of experts, particularly professional commercial property appraisers to assess the property prior to signing.

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McKissock

AUGUST 13, 2021

For a typical “as-is” Market Value assignment with a straightforward contract with no contingencies or conditions, there is probably nothing that an appraiser actually needs to see. If a property appraises for $200,000 for a refinance, then it is still a $200,000 property for a sale transaction.

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Appraisal Today

APRIL 14, 2023

Indemnification Clauses: What Appraisers Should Know Excerpts: When adding an appraiser to their appraisal panel, a lender or an appraisal management company (AMC) will present the appraiser a 5-15 page long “Appraisal Services Agreement” or “Appraiser Engagement Agreement” for the appraiser’s signature.

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The Robert Weiler Company

SEPTEMBER 16, 2021

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. The goal of a real estate valuation is to pinpoint the price and value of a property.

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The Robert Weiler Company

MARCH 15, 2021

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. For instance, the property’s layout may be distinctive or it the building’s design one-of-a-kind.

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Boston Appraisal

APRIL 18, 2024

Challenges in Appraising Mixed-Use Developments Complex Valuation Models : Mixed-use properties require appraisers to be adept in multiple valuation methods. Since these developments encompass various property types (e.g., Risk Assessment : Different income streams carry varying levels of risk.

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Realvals

JUNE 18, 2023

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. This can help your attorney make informed decisions during property division negotiations.

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McKissock

MAY 14, 2023

for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g., fee simple, leased fee, etc.) population, news articles, economic data, internet searches, etc.)

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DataMaster

JUNE 2, 2023

The Biden-Harris administration has been vocal in its efforts to address racial and ethnic bias in home valuations. In 2022, the administration launched the interagency task force on Property Appraisal and Valuation Equity (PAVE). Led by HUD, PAVE’s task force is made up of 13 federal agencies, including the FHFA.

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DataMaster

JUNE 2, 2023

The Biden-Harris administration has been vocal in its efforts to address racial and ethnic bias in home valuations. In 2022, the administration launched the interagency task force on Property Appraisal and Valuation Equity (PAVE). Led by HUD, PAVE’s task force is made up of 13 federal agencies, including the FHFA.

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Clear Capital

JUNE 21, 2022

When Freddie Mac published the study, “ Discovery of Racial and Ethnic Valuation Gaps In Home Purchase Appraisals ” in late 2021, its conclusion, “that Black and Latino applicants receive lower appraisal values than the contract price more often than White applicants,” sent shockwaves through the mortgage industry.

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Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. According to Freddie Mac’s equitable housing finance plan, it could be the expansion of automated valuation models.

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Housing Wire

FEBRUARY 7, 2022

HUD’s work co-leading the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE), as well as the number of actions taken in the first year of the administration to bolster enforcement of the Fair Housing Act demonstrates our commitment to the issue,” a spokesperson said.

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