Housing Wire

MAY 21, 2024

For many, buying a home is a complex process, and navigating the real estate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. Hire a local, licensed appraiser to assess the property you’re interested in, evaluating the home’s condition, size, age, and other amenities.

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Real Estate Agent Real Estate Inspection Tools 447

Cleveland Appraisal Blog

JULY 20, 2022

I recently gave a presentation and was asked if appraisal gap clauses impact the way appraisers are developing their opinion of value? It states that the buyer will still purchase the home at the contract price, even if the appraised value is lower than the contract price by a certain amount. But not always.

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Appraisal Market Value Contracts Buyers 397

Housing Wire

JUNE 11, 2021

You can potentially ask the seller to pay for the improvements, or you can ask for a lower sales price to offset the cost of the repairs. 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.

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Inspection Appraisal Buyers Appraisal Process 432

AmeriMac

MARCH 18, 2021

Before buyers and sellers complete their purchasing, refinancing, or selling process, they must get an appropriate home evaluation. Typically banks only issue a loan up to the fair market value of a house. If appraisals show a reduction in the home’s value, borrowers may no longer be eligible for one. Property size.

Appraisal 36

Appraisal Property Taxes Buyers Sellers 36

AmeriMac

MARCH 18, 2021

Before buyers and sellers complete their purchasing, refinancing, or selling process, they must get an appropriate home evaluation. Typically banks only issue a loan up to the fair market value of a house. If appraisals show a reduction in the home’s value, borrowers may no longer be eligible for one. Property size.

Appraisal 36

Appraisal Property Taxes Buyers Sellers 36

Boston Appraisal

AUGUST 17, 2023

In such cases, appraisals may not reflect the true market value of the property or the fair compensation for the damages. Some of the common issues that may arise in challenging appraisals are: The appraiser used inappropriate or outdated comps that do not reflect the current market value or the unique features of the property.

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Clients Appraisal Market Value Property Taxes 78

AmeriMac

MARCH 18, 2021

Before buyers and sellers complete their purchasing, refinancing, or selling process, they must get an appropriate home evaluation. Typically banks only issue a loan up to the fair market value of a house. If appraisals show a reduction in the home’s value, borrowers may no longer be eligible for one. Property size.

Appraisal 28

Appraisal Property Taxes Buyers Sellers 28