appraisers: Assigning Value...
- 09/29/20 07:18 AM
I ran across this great article by Boston Appraisal Services. I hope you all enjoy it as much as I did. I'd be interested in the thoughts of those appraisers here in AR. Appraisers are an integral part of all Real Estate transactions.
The Hidden Value in Transitional Properties The backbone of any real estate appraisal is the highest and best use analysis. All properties have a highest and best use – and this is not always the current use. There are four qualifiers that help to determine the highest and best use of a property. The use of a property … (14 comments)
appraisers: How Many Times...??
- 07/19/17 06:26 AM
Have you ever run into a situation where you have an accepted offer and Purchase and Sale Agreement at a great price, maybe even over asking, Then the bank appraiser shows up, you show your comps, they do their report AND you learn the appraisal came in less than the agreed upon & accepted price? It Does Happen AND it's not always the appraiser's fault. Here are some reasons offered by KCM Homeowners: Your Home Must Be Sold TWICE In today’s housing market, where supply is very low and demand is very high, home values are increasing rapidly. Many experts are projecting that … (10 comments)
appraisers: My House is Worth...
- 06/02/15 12:55 AM
I just got finished reading an article from the National Association of Realtors forwarded from another source regarding sellers, their perspective on the value of their property and reality. I know there have been several occasions when the homeowner has an inflated opinion of the value of their property, for a variety of reasons, and many times they base it in predictive websites such as ZILLOW. Now, the NAR article did not mention predictive websites but those websites are not a good indicator of market value, in my opinion. Here's the link to the article by the NAR. I found it interesting … (14 comments)
There is more to life than Real Estate. My intention is to provide not only Real Estate information but items that we all face and experience in our daily journey through life.
I ran across this great article by Boston Appraisal Services. I hope you all enjoy it as much as I did. I'd be interested in the thoughts of those appraisers here in AR. Appraisers are an integral part of all Real Estate transactions.
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