DataMaster

APRIL 6, 2021

The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. Appraisers are highly educated and well-trained.

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Appraisal Appraisal Process Buyers Legal 158

Cleveland Appraisal Blog

JUNE 18, 2022

Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g.

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Boston Appraisal

OCTOBER 8, 2022

Also known as bifurcated appraisals, hybrid appraisals employ a more streamlined appraisal approach that involves separating the valuation aspect of an assessment from the property inspection portion. Finally, the appraiser is tasked with completing the valuation, which they typically do by utilizing data from MLS and other public records.

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Appraisal Inspection Appraisal Process Valuation 78

Boston Appraisal

OCTOBER 8, 2022

Also known as bifurcated appraisals, hybrid appraisals employ a more streamlined appraisal approach that involves separating the valuation aspect of an assessment from the property inspection portion. Finally, the appraiser is tasked with completing the valuation, which they typically do by utilizing data from MLS and other public records.

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Appraisal Inspection Appraisal Process Valuation 78

Birmingham Appraisal

AUGUST 2, 2023

Whether you’re a homeowner looking to make improvements, an agent who needs a pre-listing appraisal, or an attorney or accountant who requires a certified appraisal, a well-qualified and experienced appraiser is essential for accurate property valuation.

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Appraisal Agents Valuation Real Estate 70

AmeriMac

APRIL 30, 2024

Lenders and investors also rely on commercial appraisals to assess the value of a property before providing financing or making investment decisions. The appraisal serves as a critical factor in determining the loan amount or investment potential, ensuring that the transaction aligns with fair market value.

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Appraisal Appraisal Process Valuation Real Estate 36

Clear Capital

NOVEMBER 18, 2021

ClearAVM is an industry-leading, lending-grade AVM that provides reliable and accurate market value predictions. It uses machine learning to deliver values for 139+ million addresses across the U.S. Page two provides recently sold or listed similar properties using comp-ranking algorithms trained by millions of appraisals.

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Valuation Lending Training Market Value 74

D Fritz Appraisals

OCTOBER 11, 2022

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Valuation for insurance claims.

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Appraisal Inspection Property Taxes Easement 105

Clear Capital

MARCH 1, 2023

Written by Sarah Wheeler Fannie Mae updated its Selling Guide on Wednesday to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” We are on a journey of continuous improvement to make the home valuation process more efficient and accurate. “We

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Appraisal Valuation Appraisal Process Training 36

Appraisal Hub

JULY 22, 2020

A good appraisal company can offer various services depending on the property, including full-service appraisals , narrative appraisals, and drive-by appraisals (quick valuations that present market value as a range). Certified appraisers are trained to provide appraisal services for all property types and values.

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Appraisal Clients Real Estate Legal 78

DataMaster

APRIL 6, 2021

The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. Appraisers are highly educated and well-trained.

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

DataMaster

APRIL 6, 2021

The market was hot and homes were selling for $10 to $20 thousand more than the asking price. Home values were skyrocketing and rising weekly. In Art’s eyes, the valuation of his home wasn’t keeping up with the current market’s trajectory. Appraisers are highly educated and well-trained.

Appraisal 78

Appraisal Appraisal Process Buyers Legal 78

AmeriMac

MARCH 15, 2024

One of the key regulatory changes was the implementation of the Home Valuation Code of Conduct (HVCC) in 2009. These guidelines aimed to address concerns about inflated property valuations and the influence of lenders on appraisers. AMCs also play a crucial role in maintaining property values and safeguarding the real estate market.

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Appraisal Appraisal Process Valuation Real Estate 36

AmeriMac

APRIL 15, 2023

We will also discuss the various factors that impact commercial real estate valuations. Investors also use commercial real estate appraisals to determine the value of the property. These appraisals are considered equivalent to a property valuation and are used to determine the value of the property in the current market.

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Real Estate Appraisal Property Taxes Valuation 36

Housing Wire

MAY 20, 2021

Accurately establishing a home’s value is not just an important factor in real estate transactions and mortgage lending, it is integral to household wealth creation, as homeownership continues to be one of the primary pathways for Americans to build wealth. So, what can be done to mitigate bias and inequality in the valuation process?

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Appraisal Valuation Technology Training 479

Housing Wire

AUGUST 31, 2023

Last year, Freddie Mac launched another solution that allows a trained property data collector to visit the home and gather images, measurements and property characteristics. A trained and vetted third party can perform the data collection. More recently, Fannie Mae launched a similar solution. But you already know this.

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Modernization Appraisal Inspection Valuation 354

Town & Country Residential Appraisals

JUNE 6, 2022

I’ve gone back through my files and found that since starting my business in 2009, I have performed over 6,200 valuations for all kinds of clients: lenders, lawyers, accountants, home owners, estates, real estate agents, etc. How long have they been appraising? We have the experience that matters!

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Real Estate Real Estate Agent Valuation Appraisal 50

McKissock

JULY 11, 2022

Harrison, in the Fall 2006 issue of his Real Estate Valuation Magazine Online, included an article titled “Let’s Resuscitate the Cost Approach.” If you feel you need some guidance, there are books and courses that include training on the cost approach, and on estimating depreciation.

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Real Estate Appraisal Valuation Inspection 72

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. What exactly is a Zestimate?

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Real Estate Agent Real Estate Sellers Realtors 73

CP Home Appraisals

AUGUST 27, 2018

The bulk of the appraiser’s work is focused on market analysis to decide market value based on “assumed” condition of the house. ” Furthermore, having a home inspection report ready for your appraisal will help them accurately value the property without having to “guess” at the overall condition.

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Genworth MI Blog

JULY 13, 2023

On the other hand, they’re important for buyers because they may identify physical concerns that either require more qualified inspections or repair and confirm that they are paying the fair market value. That said, the appraisal is still considered the most reliable option when it comes to an independent value opinion.

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Appraisal Inspection HOA Real Estate 78

Housing Wire

MAY 25, 2021

An automated valuation model (AVM) provides an estimate of market value for a subject property at a specific point in time. To determine a value for the subject property, the most common AVM method is the use the prices of comparable properties that were recently sold. Single Model Methodology Is the Single Best Approach.

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Valuation Training Home Value Market Value 198

Birmingham Appraisal

FEBRUARY 20, 2024

The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible. For the above reasons, it is very important for accurate valuations during the home-buying process.

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Realtor

JANUARY 23, 2018

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral. It never did, said Ms.

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Appraisal Real Estate Agent Valuation Real Estate 78

Realtor

JANUARY 23, 2018

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral. It never did, said Ms.

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Appraisal Real Estate Agent Valuation Real Estate 78

Housing Wire

JUNE 15, 2021

Understanding the market value of collateral is a key fundamental component of safe and sound lending. the House Financial Services Committee passed the Real Estate Valuation and Fairness Act. This is accomplished through obtaining an appraisal. . Notably, here in Washington, D.C.,

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Appraisal Valuation Law Lending 393

PennyMac

OCTOBER 10, 2023

A home appraisal is an unbiased report on the value of your home performed by a trained and state-licensed individual. For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property.

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Appraisal Real Estate Agent Renovations Home Value 69

Housing Wire

MAY 25, 2021

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. Navigating appraisal challenges in today’s housing market.

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Appraisal Valuation Real Estate Modernization 339

Rowe Appraisal Group

MAY 6, 2020

But if they are appealing their property taxes or settling an estate and planning on buying out the others in the estate, they most likely want a lower value. Real estate markets are imperfect due to many factors including different buyer/seller motivations and we cannot always account for some of these unknowns.

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Appraisal Appraisal Process Real Estate Training 36

Rowe Appraisal Group

MAY 6, 2020

But if they are appealing their property taxes or settling an estate and planning on buying out the others in the estate, they most likely want a lower value. Real estate markets are imperfect due to many factors including different buyer/seller motivations and we cannot always account for some of these unknowns.

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Appraisal Appraisal Process Real Estate Training 36

Property Metrics

MAY 28, 2021

For example, if a multifamily developer purchased a property and renovated it with luxury finishes in a market that cannot support them, the property could be considered “superadequate.” In many cases, they may have to sell the property at a loss or find other ways to deal with the erosion of value. Physical Obsolescence.

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Real Estate Tenants Modernization Renovations 50

Boston Appraisal

OCTOBER 27, 2023

Why Property Appraisals are Important in Divorce Cases A property appraisal is an objective and unbiased estimate of the market value of a property, on a given date. We have certified appraisers who are trained and qualified to handle any type of property appraisal in any type of divorce situation.

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Appraisal Property Appraisal Legal Inspection 78

Appraisal Today

APRIL 12, 2024

Retrospective appraisals, drive-by (exterior inspection) appraisals, and valuations from plans and specifications, are all valuation assignments where an appraiser develops an appraisal opinion without personally inspecting the property. For many years, I have been saying that rural appraisers will always be needed.

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Appraisal Construction Contracts Architecture 78

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.

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Appraisal Real Estate Market Value Technology 78

Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. So, don’t say something open ended like: “the intended use is to provide a fair market value of the property.”

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Appraisal Today

FEBRUARY 9, 2024

also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” His law practice is dedicated to valuation issues.

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Appraisal Contracts Insurance Construction 81

Appraisal Today

APRIL 2, 2023

As we get closer to the implementation date, we’ll provide links to training opportunities, so check back often to make sure you’re on track. The May issue of Appraisal Today will have a review of an excellent book: The Valuation of Condominiums, Cooperatives, and PUDs. Answers a lot of appraiser questions.

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Contracts Appraisal HOA Architecture 52