McKissock

MAY 10, 2023

Many real estate appraisers don’t have the time to mentor a beginner. He included a reference twice (once as a pastor, once as a friend). The nation needs us, yet they don’t see the real reason we exist. One day, there will be no one to develop an unbiased independent third-party opinion of market value.

Real Estate 86

Real Estate Appraisal Training Business 86

Housing Wire

DECEMBER 2, 2021

But the division produced a $421 million loss before taxes, and analysis from KeyBanc and industry analyst Mike DelPrete as well as anecdotes from real estate agents indicated Zillow paid more than market value for homes. .

Inventory 411

Inventory Real Estate Agent Investors Market Value 411

Lamacchia Realty

JUNE 20, 2023

WHAT EXACTLY IS REAL ESTATE TRANSFER TAX? Another one of these added expenses to consider is real estate transfer tax. To put it simply, a real estate transfer tax is exactly what it sounds like: a tax on any change of ownership in real estate. Who Pays the Real Estate Transfer Tax?

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Real Estate Sellers Buyers Market Value 65

Cleveland Appraisal Blog

APRIL 21, 2022

Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value.

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Market Value Appraisal Agents Real Estate Agent 350

CA Realty Training

JULY 12, 2021

As a real estate agent, you will encounter the terms ‘law of eminent domain’ or ‘eminent domain’ in real estate. In exchange for this, the homeowner gets compensated with the property’s fair market value. After the fair market value is determined, the offer gets presented to the owner.

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Real Estate Market Value Real Estate Agent Government 69

Appraisal Buzz

JULY 18, 2022

Assuming a $250,000 loan was committed on December 31, 2021, your monthly payment was approximately $1,007 exclusive of escrow for real estate taxes and insurance. In Lancaster City, for example, we must be weary that any sale going under agreement in less than 2 weeks in the current market is reflective of “market value.”

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Sellers Marketing Market Value Home Value 435

Housing Wire

OCTOBER 10, 2023

All are violations of the 1974 Real Estate Settlement Procedures Act (RESPA) … or maybe they aren’t — it depends on the circumstances and who you ask. That’s because real estate agents and loan officers are in survival mode and desperate to close new business. But that comes with some caveats.

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Real Estate Agent Loan Officers Real Estate Agents 404

The Robert Weiler Company

OCTOBER 21, 2022

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. Question 1: What is a commercial real estate appraisal? So, why do you need a commercial real estate appraisal?

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Real Estate Appraisal Property Appraisal Valuation 60

McKissock

DECEMBER 20, 2021

Even before the pandemic, homebuyers and sellers were experimenting with a new, online model of real estate — instant buying, or “iBuying.” This has been especially prevalent over the past year and a half since the global pandemic has affected every industry, including real estate. You’re Needed Now More Than Ever.

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Real Estate Agent Real Estate Agents Sellers 64

Housing Wire

OCTOBER 17, 2023

And servicers may want to suggest homeowners contact a real estate agent if the distressed homeowner is considering selling their home.” A July 2022 article in The New York Times traces how one man’s New York city real estate empire was allegedly built through a practice called deed theft, often targeting homeowners facing foreclosure.

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Buyers Retail Market Value Real Estate Agent 374

Birmingham Appraisal

MAY 21, 2024

This week I want to share with you the major value-related items every buyer should consider before making their purchase, ensuring you’re well-equipped with knowledge that’s both practical and insightful. Location and Neighborhood Dynamics The old saying “location, location, location” is still important in real estate.

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Home Value Architecture Renovations Real Estate 70

Housing Wire

NOVEMBER 2, 2021

The prior announcement was stunning in its own right, and led to revelations that the company bought homes for well above market value, and re-listing homes for less than what they were bought for. By close of the market Tuesday, the company’s stock price had tumbled 12% during the day, trading at $87.20

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Market Value Real Estate Agent Agents Business 393

Boston Appraisal

FEBRUARY 11, 2024

Introduction Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Targeting the Most Likely Buyer The niche market for historical properties typically comprises buyers who value historical preservation and authenticity.

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Appraisal Renovations Architecture Appraisal Process 147

Simonson Real Estate

APRIL 27, 2020

We reference two important points – Guide Notes 10 and 12 from the Appraisal Institute – which are as follows: The analysis is being performed with as much current information and market feedback as possible. Changes after the date may affect the value. However, the appraiser can only work with what is available.

Real Estate 78

Real Estate Appraisal Valuation Clients 78

McKissock

AUGUST 19, 2020

As a real estate agent, you spend a great deal of time soliciting to build your roster. Sometimes breaking up with difficult real estate clients is the best thing you can do for both parties. Sometimes breaking up with difficult real estate clients is the best thing you can do for both parties.

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Real Estate Clients Client Relationships Real Estate Agent 52

Property Metrics

AUGUST 13, 2020

In this article, we’ll look at eleven types of risk in commercial real estate investment. . Macroeconomic risk refers to how broad, national level economic activity impacts property cash flows and valuation. Real estate is a highly illiquid asset. A liquid asset is one that can be sold immediately at market value.

Real Estate 53

Real Estate Tenants Investing Construction 53

The Robert Weiler Company

SEPTEMBER 18, 2022

Any loan for a property is based on the appraisal value. As a land buyer, owner, or seller, understanding the true market value of the real estate in question is important. Even if your lender doesn’t require a real estate appraisal, we recommend having one performed. How is Land Appraised?

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Appraisal Valuation Real Estate Market Value 78

Eppraisal

DECEMBER 20, 2022

Whether you are a home buyer or seller, the real estate transaction can sometimes be tricky to navigate. Part 1 of our next two posts will dissect the real estate transaction from the buyer's perspective. Finding experienced and well-qualified real estate professionals will make the process much smoother.

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Real Estate Buyers Inspection Real Estate Agent 36

AmeriMac

DECEMBER 10, 2020

If you’ve been doing some reading around the real estate world, chances are you’ve seen the word ‘AMC’ somewhere. Whether you’re a commercial real estate agent or a residential one, you’re going to greatly benefit from utilizing an appraisal management company (AMC).

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Real Estate Appraisal Market Value Real Estate Agent 36

Birmingham Appraisal

MAY 28, 2024

I thought I would take some time in this week’s blog post to explain the process you can take to appeal your high real property tax assessment if you think they are too high. The Assessment Process The assessor’s office estimates your property’s market value and applies an assessment ratio to determine its assessed value.

Property Taxes 55

Property Taxes Market Value Appraisal Real Property 55

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

How to Choose a Real Estate Appraiser? An appraisal is a professional appraiser’s unbiased and impartial opinion of value based on the condition of the property, prevailing real estate prices and other factors. An independent appraisal sets a benchmark value for your real estate.

Real Estate 36

Real Estate Appraisal Valuation Loan Officers 36

The Robert Weiler Company

APRIL 12, 2023

With recent headlines focused on politics, protests, and international disputes, Ohio commercial property owners may have overlooked or forgotten that a statewide property tax reassessment (also referred to as a reappraisal) is underway. How do we determine the value of your property?

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Property Appraisal Property Taxes Real Estate Valuation 148

D Fritz Appraisals

FEBRUARY 22, 2023

Home equity is like having money in the bank, but it’s tied up in your real estate. It represents the difference between what they owe on their home and its current market value. Using equity to buy a second home can be attractive for those looking for additional real estate investments.

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Real Estate Investing Appraisal Market Value 124

Eppraisal

APRIL 12, 2024

Unlocking the potential of your home equity can be a strategic move for savvy investors looking to expand their real estate portfolio. As property values rise, so does the equity in your home, presenting opportunities for investment. As you pay down your mortgage or as the value of your home appreciates, your equity grows.

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Investing Real Estate Tenants Market Value 36

Housing Wire

DECEMBER 19, 2022

But the high-rate environment seems to have exposed the vulnerability of lenders that are more reliant on refinancings through a call center model and don’t have strong relationships with local real estate agents. Now that the refi market slowed down they have time and are doing the customer support for agents again.”.

Mortgage 377

Mortgage Real Estate Agent Clients Business 377

Housing Wire

MARCH 9, 2021

The brokerage calculated home-equity gains throughout 2020 for each neighborhood type for homeowners who purchased a home anytime during 2019, using January 2021 Redfin Estimates as a proxy for current market value. The terms “Black homeowner,” “white homeowner,” etc.

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Home Value Market Value Brokerage Inventory 469

Housing Wire

APRIL 8, 2021

If a property reverts back to the foreclosing lender at the foreclosure sale and becomes real estate owned (REO), the distressed homeowner is not due any surplus proceeds from a subsequent sale of the REO property.”. 36,000 Surplus per Sale.

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Retail Market Value Marketing Buyers 406

Housing Wire

DECEMBER 10, 2021

In the secondary market, these non-QM loans are in demand this year and are expected to continue propelling the growth of private-label securitizations in the year ahead, according to Dane Smith, president of Versus Mortgage Capital. “We So far this year, the company has brought seven non-QM private-label deals to market valued at nearly $2.5

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Lending Mortgage Finance Government 467

Eppraisal

OCTOBER 31, 2023

Comparable Properties (Comps) Listings with similar specs — lot size, square footage, number of bedrooms and bathrooms, floor plan, and architectural style — as your home sold within the past six months are excellent points of reference when pricing your house. Search real estate listing sites to find suitable candidates.

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Marketing Real Estate Agent Real Estate Valuation 69

Birmingham Appraisal

SEPTEMBER 26, 2023

Real estate professionals use a mix of data analysis, market knowledge, and professional judgment to determine a property’s value or list price. Some people will say that it is market value because you have a willing buyer and a willing seller. Should Outlier Sales Be Used When Pricing a Listing?

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Real Estate Agent Real Estate Clients Agents 89

Appraisal Buzz

MAY 24, 2021

If you want to be a real estate investor, you wouldn’t necessarily purchase multiple single-family properties when you could fit more tenants into one building. Reproduction refers to how much a replica would cost to build. That’s why multifamily homes exist. There are two ways to calculate the cost approach.

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Appraisal Tenants Buyers Landlords 397

Birmingham Appraisal

MAY 2, 2023

This type of appraisal is often used for estate and tax purposes, as it can help establish the market value of a property at a prior point in time. In the context of estate settlement, a retrospective appraisal is typically performed on a single-family residence that is included in the estate.

Appraisal 52

Appraisal Market Value Inspection Real Estate 52

Property Metrics

DECEMBER 18, 2020

The development spread is a back of the envelope calculation widely used by real estate developers. It is a fast and easy way to size up the financial feasibility of a real estate development project, prior to completing a more in depth analysis. That means the going-in cap rate would be 100,000/1,000,000, or 10%.

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Development Real Estate Market Value Construction 69

The Robert Weiler Company

APRIL 20, 2021

Much like a commercial real estate appraisal , there is an underlying economic analysis for business valuation. These approaches to valuing a business are discussed in more detail, below; however, they are each based on specific criteria, from industry performance to market climate. The market value approach.

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Valuation Business Buyers Market Value 147

Lamacchia Realty

FEBRUARY 21, 2023

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. An error rate refers to the frequency or proportion of errors in a set of data.

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Real Estate Agent Real Estate Sellers Realtors 73

Birmingham Appraisal

MAY 1, 2024

Contrary to what you see on the home improvement shows it is not always possible for an appraiser to shoot from the hip and reply back “An updated kitchen will add $50,000 to the value of your house” There are so many factors that must be taken into consideration. appeared first on Birmingham Appraisal Blog.

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Renovations Appraisal Real Estate Agent Construction 82

AmeriMac

JANUARY 15, 2024

One crucial step in the real estate process is getting a home appraisal. Understanding the Role of a Home Appraiser Before we delve into the process of finding a home appraiser, let’s first understand the role they play in the real estate industry. Are you planning to buy or sell a property?

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Appraisal Appraisal Process Valuation Real Estate 36