Town & Country Residential Appraisals

MAY 8, 2023

For example, if the contract includes provisions for concessions, non-real property items included in the sale, or other unusual conditions, the appraiser may need to comment on these provisions in the appraisal report to explain why there is a difference between the indicated market value of the subject property and the contract price.

Contracts 54

Contracts Appraisal Real Estate Property Appraisal 54

Eppraisal

FEBRUARY 7, 2023

Owning raw land has real potential along with its share of pitfalls. Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition.

Development 69

Development Sellers Legal Home Value 69

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

The appraiser will determine which of the values is most appropriate and reflective of demonstrating the market value of the property being appraised. Once this happens, the appraiser will explain which approach to value was given the most weight, or consideration, and why.

Development 337

Development Appraisal Market Value Valuation 337

Housing Wire

MAY 26, 2023

Then, posing as the property owner, the scammer contacts a real estate agent to list the property. The property is then listed, typically below market value to generate interest in the listing. When it comes to close on the sale of the property the scammer will request a remote notary signing.

Sellers 371

Sellers Real Estate Realtors Real Estate Agent 371

Cleveland Appraisal Blog

DECEMBER 10, 2022

However, I have never found that an annoying neighbor really has any impact on market value. I covered this topic in my article, “Is Your Crazy Neighbor Lowering Your Home’s Value.” My takes on some of the points mentioned in this post… I hope you enjoyed this article!

Appraisal 298

Appraisal Buyers Renovations Investing 298

McKissock

SEPTEMBER 10, 2020

Again, an appraiser looking to specialize in these property types, should become very familiar with the ongoing litigation related to properties with intangibles. Special purpose property tips. Before you accept a review appraisal assignment for a special purpose property, here are some tips to guide your decision: 1.

Appraisal 54

Appraisal Valuation Real Estate Design 54

Cleveland Appraisal Blog

JANUARY 19, 2023

The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value.

Appraisal 284

Appraisal Buyers Transportation Real Estate 284

Boston Appraisal

MAY 27, 2019

And because real estate properties are usually the most significant financial asset of the deceased, establishing their fair market value is a priority. If the estate is going through probate, an accurate inventory of the decedent’s possessions—including any real estate properties—is required.

Appraisal 78

Appraisal Real Estate Valuation Market Value 78

McKissock

SEPTEMBER 24, 2021

Every appraiser is familiar with the terms “marketing time” and “exposure time,” but it’s not always clear why and how these are developed in everyday assignments when developing an opinion of market value of real property.

Appraisal 52

Appraisal Real Estate Development Market Value 52

Town & Country Residential Appraisals

JULY 25, 2022

Typically, the supervisory appraiser has been involved in the comparable selection, the analysis and the final estimate of market value.

Real Estate 58

Real Estate Training Appraisal Legal 58

McCarthy Appraisal Blog

SEPTEMBER 4, 2018

The two basic licenses are Certified Residential Real Property Appraiser and Certified General Real Property Appraiser. Loan officers are typically looking for an assessment of the condition of the house and a rough market value to put on the mortgage documents. Evaluate the appraiser’s experience.

Real Estate 36

Real Estate Appraisal Valuation Loan Officers 36

Cleveland Appraisal Blog

NOVEMBER 11, 2021

One big one is their Zestimate’s inaccuracy at predicting market value, and more specifically, they were relying on their own Zestimates to make important decisions like buying & selling homes. Just think how much more difficult it would have been to flip in a declining market.” My opinion of value – $345,000.

Market Value 364

Market Value Valuation Appraisal Real Estate 364

Empire Appraisal Group

JULY 1, 2021

It’s also the appraiser’s job to develop an opinion on a home’s fair market value, and just because the buyer and seller have agreed on a price doesn’t mean that’s the true value of the property, said Francois Gregoire, broker, appraiser, instructor, and president of Gregoire & Gregoire Inc.,

Agents 78

Agents Appraisal Real Estate Realtors 78

Simonson Real Estate

JULY 10, 2020

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. Value Scenarios. What is Market Value As Is and When is it Used? Prospective Values. Prospective Market Value As Completed and As Stabilized.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

Property Metrics

MAY 28, 2021

The real estate term for this type of risk is “obsolescence” and there are three types that CRE investors should be aware of. Functional Obsolescence is the impairment of a real property’s functional capacity due to changes in market tastes and/or standards. Functional Obsolescence.

Real Estate 50

Real Estate Tenants Modernization Renovations 50

Simonson Real Estate

DECEMBER 6, 2022

Clarify What Value or Values are Needed. Market Value As Is – The estimate of the market value of real property in its current physical condition, use, and zoning as of the appraisal date. Prospective Market Value As Completed and As Stabilized.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

DataMaster

JUNE 15, 2023

The purchase of real property for the purpose of investment is not new. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. Appraising the going concern value is typically outside the scope of most residential appraisers. If only it was that simple.

Appraisal 148

Appraisal Tenants Investors Business 148

Property Metrics

DECEMBER 10, 2021

1031 ), which defines the conditions for tax deferral on the sale of real estate. In other words, taxes can be deferred on the profitable sale of a commercial property as long as the proceeds are “exchanged” into a new property of “like kind” that is held for investment purposes. Is it possible to do a 1031 Exchange into a REIT?

Market Value 36

Market Value Investors Investing Real Estate 36

DataMaster

JUNE 15, 2023

The purchase of real property for the purpose of investment is not new. Or, a home may be purchased for its income potential, with the purpose of renting the property to a tenant. Appraising the going concern value is typically outside the scope of most residential appraisers. If only it was that simple.

Appraisal 78

Appraisal Tenants Investors Business 78

Will Springer Realtor

FEBRUARY 27, 2024

The “owners” want to urgently sell the property – often below the true market value – simply to move the sale along quickly and reap the financial reward.

Real Estate 59

Real Estate Sellers Real Estate Agent Buyers 59

Boston Appraisal

JUNE 24, 2019

Although we can rejoice that the green building movement is becoming more mainstream, the question of whether or not this energy source and other green features add value to a property is still up in the air. Property owners are often surprised when the time comes to estimate the fair market value of their green building.

Appraisal 78

Appraisal Real Estate Market Value Technology 78

Empire Appraisal Group

AUGUST 12, 2021

If you’re talking about square footage, recognize that the gross living area calculation used by an appraiser may not match public records, but it enables appraisers to develop a credible comparison in the sales comparison approach and a credible cost approach that will lead to a supported opinion of market value of the subject property.

Sellers 78

Sellers Development Appraisal Buyers 78

Appraisal Today

APRIL 2, 2023

To read many practical tips, click here My comments: Worth reading.

Contracts 52

Contracts Appraisal HOA Architecture 52

Appraisal Today

SEPTEMBER 9, 2022

The appraiser must now reconcile these three values into one final opinion of value. b) reconcile the applicability and relevance of the approaches, methods and techniques used to arrive at the value conclusion(s). So they are paying investment value, not market value. But not one at a time.

Reconsideration of Value 52

Reconsideration of Value Appraisal Clients Contracts 52

Valuation Nation

AUGUST 2, 2021

As the author of these blogs is an appraiser, and this deals with the largest real property valuation organization in the country, I thought it may be apropos to style this blog after an appraisal review. Date of Review Report: 08/02/2021. There is a second tier to this assignment which includes the reviewer’s consultation.

Appraisal 40

Appraisal Design Development Legal 40