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Consider These Factors When Choosing a Real Estate Appraiser

East Coast Appraisal

The appraisal process is critical to real estate transactions. Qualification and Licensing Ensure the real estate appraiser is qualified and licensed. Geographic Knowledge An appraiser with local knowledge will give you accurate work because geography and location affect property values.

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

The Robert Weiler Company

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. After all, it is a detailed activity that can look different depending on the scope and nature of your property.

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Unwrapping what to expect in your home inspection, appraisal and closing

Housing Wire

A qualified appraiser will compare recent sales of similar local properties, market trends and conduct a visual inspection of the home’s interior and exterior to determine the property’s fair market value. Understanding the home-buying process isn’t easy.

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3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

But what could be the cause of the lower than anticipated value? Reason #1: The Range of Value. The primary reason appraisals differ is because, in reality, real estate appraisals are designed to provide a range of value rather than one set price. An appraisal measures that value range within the report.

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3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

But what could be the cause of the lower than anticipated value? Reason #1: The Range of Value The primary reason appraisals differ is because, in reality, real estate appraisals are designed to provide a range of value rather than one set price. An appraisal measures that value range within the report.

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12 Types of Expert Witness Assignments for Appraisers

McKissock

There are many types of litigation where real estate appraisers can be helpful in providing evidence to the court. Typically, this would be for local property tax appeals. The appraisal activity could also be to establish a value for a tax deduction or in response to an IRS audit. Learn more. Tax appeal.

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FHFA’s RFI on appraisals is a critical inflection point

Housing Wire

One significant factor behind the lack of evolution in the appraisal industry is that the American housing market has grown at a much higher rate than the pool of licensed professionals that are legally certified to appraise residential real estate. Real estate agents in particular understand local properties extremely well.

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